FORM 8.3
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE
BY
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A
PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%
OR
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MORE
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Rule 8.3 of the Takeover Code
(the "Code")
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1.
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KEY
INFORMATION
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(a)
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Full name of discloser:
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Barclays PLC.
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(b)
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Owner or controller of interest and short
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positions disclosed, if different from 1(a):
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(c)
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Name of offeror/offeree in relation to whose
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INTERNATIONAL PAPER COMPANY
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relevant securities this form relates:
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(d)
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If
an exempt fund manager connected with an
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offeror/offeree, state this and specify identity
of
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offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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02
Jan 2025
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(f)
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In
addition to the company in 1(c) above, is the discloser
making
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YES:
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disclosures in respect of any other party to the
offer?
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DS
SMITH PLC
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2.
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POSITIONS OF THE PERSON MAKING THE DISCLOSURE
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(a)
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Interests and short positions in the relevant securities of
the offeror or offeree
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to
which the disclosure relates following the dealing(if
any)
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Class of relevant security:
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common stock
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
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Relevant securities owned
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and/or controlled:
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705,292
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0.20%
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999,895
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0.29%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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534,162
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0.15%
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13,660
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0.00%
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(3)
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Stock-settled derivatives (including
options)
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|
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and
agreements to purchase/sell:
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0
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0.00%
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0
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0.00%
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|
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TOTAL:
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1,239,454
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0.36%
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1,013,555
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0.29%
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(b)
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Rights to subscribe for new securities (including directors
and other executive
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options)
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Class of relevant security in relation to
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which subscription right exists
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Details, including nature of the rights
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concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
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(a)
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Purchases and sales
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Class of
relevant
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Purchase/sale
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Number of
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Price per
unit
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security
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securities
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common
stock
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Purchase
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153,325
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53.2102 USD
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common
stock
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Purchase
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89,082
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53.1600 USD
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common
stock
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Purchase
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58,148
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53.1599 USD
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common
stock
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Purchase
|
40,193
|
53.2092 USD
|
common
stock
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Purchase
|
32,792
|
53.1603 USD
|
common
stock
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Purchase
|
23,863
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53.1670 USD
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common
stock
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Purchase
|
19,278
|
53.1509 USD
|
common
stock
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Purchase
|
13,991
|
53.2637 USD
|
common
stock
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Purchase
|
11,841
|
53.0646 USD
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common
stock
|
Purchase
|
11,829
|
53.4339 USD
|
common
stock
|
Purchase
|
8,862
|
53.2512 USD
|
common
stock
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Purchase
|
7,503
|
53.2098 USD
|
common
stock
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Purchase
|
6,691
|
53.4547 USD
|
common
stock
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Purchase
|
5,769
|
53.2320 USD
|
common
stock
|
Purchase
|
1,810
|
53.5002 USD
|
common
stock
|
Purchase
|
1,521
|
53.8372 USD
|
common
stock
|
Purchase
|
1,374
|
53.1233 USD
|
common
stock
|
Purchase
|
1,322
|
53.2664 USD
|
common
stock
|
Purchase
|
1,166
|
53.3349 USD
|
common
stock
|
Purchase
|
1,120
|
53.2421 USD
|
common
stock
|
Purchase
|
787
|
53.3721 USD
|
common
stock
|
Purchase
|
691
|
53.2353 USD
|
common
stock
|
Purchase
|
683
|
53.5736 USD
|
common
stock
|
Purchase
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550
|
53.5145 USD
|
common
stock
|
Purchase
|
500
|
53.5040 USD
|
common
stock
|
Purchase
|
430
|
53.3083 USD
|
common
stock
|
Purchase
|
329
|
53.5697 USD
|
common
stock
|
Purchase
|
264
|
53.6002 USD
|
common
stock
|
Purchase
|
200
|
53.9550 USD
|
common
stock
|
Purchase
|
200
|
53.5350 USD
|
common
stock
|
Purchase
|
172
|
53.9600 USD
|
common
stock
|
Purchase
|
154
|
53.3376 USD
|
common
stock
|
Purchase
|
114
|
53.1300 USD
|
common
stock
|
Purchase
|
110
|
53.6609 USD
|
common
stock
|
Purchase
|
109
|
53.3969 USD
|
common
stock
|
Purchase
|
103
|
53.1420 USD
|
common
stock
|
Purchase
|
100
|
53.1700 USD
|
common
stock
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Purchase
|
100
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53.6900 USD
|
common
stock
|
Purchase
|
100
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53.6800 USD
|
common
stock
|
Purchase
|
81
|
53.2966 USD
|
common
stock
|
Purchase
|
74
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53.3975 USD
|
common
stock
|
Purchase
|
69
|
53.9700 USD
|
common
stock
|
Purchase
|
40
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53.1750 USD
|
common
stock
|
Purchase
|
24
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53.4383 USD
|
common
stock
|
Purchase
|
15
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53.5300 USD
|
common
stock
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Purchase
|
12
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53.2050 USD
|
common
stock
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Purchase
|
12
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53.9750 USD
|
common
stock
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Purchase
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9
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53.5400 USD
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common
stock
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Purchase
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6
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53.5550 USD
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common
stock
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Sale
|
214,688
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53.2169 USD
|
common
stock
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Sale
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147,709
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53.1600 USD
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common
stock
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Sale
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82,932
|
53.1599 USD
|
common
stock
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Sale
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50,042
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53.1602 USD
|
common
stock
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Sale
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14,310
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53.1095 USD
|
common
stock
|
Sale
|
8,672
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53.3631 USD
|
common
stock
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Sale
|
8,107
|
53.0532 USD
|
common
stock
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Sale
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7,884
|
53.2473 USD
|
common
stock
|
Sale
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5,001
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53.1601 USD
|
common
stock
|
Sale
|
4,522
|
53.5671 USD
|
common
stock
|
Sale
|
4,225
|
53.3549 USD
|
common
stock
|
Sale
|
3,957
|
53.3159 USD
|
common
stock
|
Sale
|
2,905
|
53.1743 USD
|
common
stock
|
Sale
|
2,658
|
53.4036 USD
|
common
stock
|
Sale
|
2,657
|
53.5176 USD
|
common
stock
|
Sale
|
2,380
|
53.0490 USD
|
common
stock
|
Sale
|
1,474
|
53.7116 USD
|
common
stock
|
Sale
|
1,000
|
53.4150 USD
|
common
stock
|
Sale
|
922
|
53.5118 USD
|
common
stock
|
Sale
|
918
|
53.5892 USD
|
common
stock
|
Sale
|
690
|
53.1762 USD
|
common
stock
|
Sale
|
549
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53.0875 USD
|
common
stock
|
Sale
|
538
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53.3801 USD
|
common
stock
|
Sale
|
500
|
53.5040 USD
|
common
stock
|
Sale
|
500
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53.2480 USD
|
common
stock
|
Sale
|
430
|
53.3083 USD
|
common
stock
|
Sale
|
249
|
53.3550 USD
|
common
stock
|
Sale
|
231
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53.1258 USD
|
common
stock
|
Sale
|
207
|
53.3736 USD
|
common
stock
|
Sale
|
200
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53.9550 USD
|
common
stock
|
Sale
|
133
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53.3451 USD
|
common
stock
|
Sale
|
112
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53.6500 USD
|
common
stock
|
Sale
|
109
|
53.4821 USD
|
common
stock
|
Sale
|
100
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53.1300 USD
|
common
stock
|
Sale
|
100
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53.1800 USD
|
common
stock
|
Sale
|
56
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53.5910 USD
|
common
stock
|
Sale
|
47
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53.4000 USD
|
common
stock
|
Sale
|
40
|
53.5525 USD
|
common
stock
|
Sale
|
38
|
53.3436 USD
|
common
stock
|
Sale
|
36
|
53.1500 USD
|
common
stock
|
Sale
|
30
|
53.5300 USD
|
common
stock
|
Sale
|
26
|
53.1819 USD
|
common
stock
|
Sale
|
12
|
53.9750 USD
|
common
stock
|
Sale
|
5
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54.0000 USD
|
common
stock
|
Sale
|
5
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53.3500 USD
|
common
stock
|
Sale
|
4
|
53.7113 USD
|
|
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(b)
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Cash-settled derivative transactions
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Class of
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Product
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Nature of
dealing
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Number of
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Price per
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relevant
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description
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reference
|
unit
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security
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securities
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common
stock
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SWAP
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Increasing Long
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2,385
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53.1575 USD
|
common
stock
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SWAP
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Decreasing Long
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3,534
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53.1609 USD
|
common
stock
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SWAP
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Decreasing Long
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333
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53.1624 USD
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(c)
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Stock-settled derivative transactions (including
options)
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(i)
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Writing, selling, purchasing or varying
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Class
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Product
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Writing,
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Number
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Exercise
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Type
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Expiry
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Option
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of
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description
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purchasing,
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of
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price
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date
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money
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relevant
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selling,
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securities
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per unit
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paid/
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security
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varying etc
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to which
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received
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option
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per unit
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relates
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(ii)
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Exercising
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Class of
relevant
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Product
description
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Exercising/ exercised
against
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Number of
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Exercise price
per
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security
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securities
|
unit
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(d)
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Other dealings (including subscribing for new
securities)
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Class of
relevant
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Nature of
Dealings
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Details
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Price per unit
(if
|
security
|
|
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applicable)
|
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4.
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OTHER
INFORMATION
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(a)
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Indemnity and other dealings arrangements
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Details of any indemnity or option arrangement, or any
agreement or understanding,
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formal or informal, relating to relevant securities which may
be an inducement to deal
|
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or
refrain from dealing entered into by the exempt principal trader
making the disclosure and any party
|
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to
the offer or any person acting in concert with a party to the
offer:
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NONE
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(b)
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Agreements, arrangements or understandings relating to options
or derivatives
|
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Details of any agreement, arrangement or understanding, formal
or informal, between
|
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the
person making the disclosure and any other person relating
to:
|
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(i) the voting rights of any relevant securities under
any option; or
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(ii) the voting rights of future acquisition or disposal of
any relevant securities to which
|
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any
derivative is referenced:
|
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NONE
|
(c)
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Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
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Date of disclosure:
|
03 Jan 2025
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
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020 3134
7213
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