| FORM 8.3 | |||||||
| PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY | |||||||
| A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR | |||||||
| MORE | |||||||
| Rule 8.3 of the Takeover Code (the "Code") | |||||||
| 1. | KEY INFORMATION | ||||||
| (a) | Full name of discloser: |
| Barclays PLC. | ||||
| (b) | Owner or controller of interest and short |
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| positions disclosed, if different from 1(a): | ||||||
| (c) | Name of offeror/offeree in relation to whose | INTERNATIONAL PAPER COMPANY | |||||
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| relevant securities this form relates: | ||||||
| (d) | 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: | ||||||
| (e) | Date position held/dealing undertaken: | 29 Apr 2024 | |||||
| (f) | In addition to the company in 1(c) above, is the discloser making | YES: |
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| disclosures in respect of any other party to the offer? | DS SMITH PLC |
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| 2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
| (a) | 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: | common stock | ||||||
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| Interests | Short Positions | |||||
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| Number | (%) | Number | (%) | |||
| (1) | Relevant securities owned |
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| and/or controlled: |
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| 731,557 | 0.21% | 733,537 | 0.21% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 421,560 | 0.12% | 27,615 | 0.01% |
| (3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 1,153,117 | 0.33% | 761,152 | 0.22% |
| (b) | 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. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
| (a) | Purchases and sales |
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| Class of relevant | Purchase/sale | Number of | Price per unit | ||||
| security |
| securities |
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| common stock | Purchase | 652,641 | 35.1075 USD | ||||
| common stock | Purchase | 68,455 | 35.0923 USD | ||||
| common stock | Purchase | 49,117 | 34.9879 USD | ||||
| common stock | Purchase | 33,804 | 34.8685 USD | ||||
| common stock | Purchase | 27,836 | 35.0577 USD | ||||
| common stock | Purchase | 26,075 | 35.3002 USD | ||||
| common stock | Purchase | 17,108 | 35.2657 USD | ||||
| common stock | Purchase | 16,087 | 34.7579 USD | ||||
| common stock | Purchase | 7,499 | 35.2054 USD | ||||
| common stock | Purchase | 4,201 | 35.3200 USD | ||||
| common stock | Purchase | 3,762 | 34.9305 USD | ||||
| common stock | Purchase | 3,616 | 35.0318 USD | ||||
| common stock | Purchase | 3,566 | 35.0835 USD | ||||
| common stock | Purchase | 3,381 | 35.0591 USD | ||||
| common stock | Purchase | 1,681 | 35.1992 USD | ||||
| common stock | Purchase | 1,388 | 34.9598 USD | ||||
| common stock | Purchase | 1,185 | 34.9538 USD | ||||
| common stock | Purchase | 1,175 | 35.0059 USD | ||||
| common stock | Purchase | 1,140 | 35.1227 USD | ||||
| common stock | Purchase | 1,014 | 35.0938 USD | ||||
| common stock | Purchase | 1,000 | 34.7865 USD | ||||
| common stock | Purchase | 894 | 35.2213 USD | ||||
| common stock | Purchase | 781 | 34.9935 USD | ||||
| common stock | Purchase | 692 | 35.0977 USD | ||||
| common stock | Purchase | 611 | 35.1361 USD | ||||
| common stock | Purchase | 580 | 34.9268 USD | ||||
| common stock | Purchase | 500 | 34.8231 USD | ||||
| common stock | Purchase | 450 | 35.1644 USD | ||||
| common stock | Purchase | 438 | 35.2022 USD | ||||
| common stock | Purchase | 404 | 35.2244 USD | ||||
| common stock | Purchase | 388 | 34.9651 USD | ||||
| common stock | Purchase | 322 | 34.8200 USD | ||||
| common stock | Purchase | 316 | 34.9611 USD | ||||
| common stock | Purchase | 281 | 34.9235 USD | ||||
| common stock | Purchase | 200 | 35.0300 USD | ||||
| common stock | Purchase | 200 | 34.8550 USD | ||||
| common stock | Purchase | 197 | 34.9287 USD | ||||
| common stock | Purchase | 130 | 34.9501 USD | ||||
| common stock | Purchase | 114 | 34.9783 USD | ||||
| common stock | Purchase | 85 | 35.1223 USD | ||||
| common stock | Purchase | 51 | 34.9868 USD | ||||
| common stock | Purchase | 49 | 34.8752 USD | ||||
| common stock | Purchase | 45 | 34.6950 USD | ||||
| common stock | Purchase | 38 | 35.0510 USD | ||||
| common stock | Purchase | 27 | 35.0550 USD | ||||
| common stock | Purchase | 2 | 34.0600 USD | ||||
| common stock | Sale | 166,824 | 35.0920 USD | ||||
| common stock | Sale | 135,460 | 35.1992 USD | ||||
| common stock | Sale | 125,564 | 35.0882 USD | ||||
| common stock | Sale | 114,449 | 35.0766 USD | ||||
| common stock | Sale | 56,024 | 35.0440 USD | ||||
| common stock | Sale | 44,311 | 34.9769 USD | ||||
| common stock | Sale | 35,084 | 35.0709 USD | ||||
| common stock | Sale | 32,344 | 35.1332 USD | ||||
| common stock | Sale | 31,022 | 35.0433 USD | ||||
| common stock | Sale | 29,392 | 35.2957 USD | ||||
| common stock | Sale | 27,836 | 35.0577 USD | ||||
| common stock | Sale | 22,989 | 34.9570 USD | ||||
| common stock | Sale | 20,800 | 35.0694 USD | ||||
| common stock | Sale | 20,285 | 35.0456 USD | ||||
| common stock | Sale | 16,262 | 35.0686 USD | ||||
| common stock | Sale | 11,275 | 35.0453 USD | ||||
| common stock | Sale | 10,292 | 35.0822 USD | ||||
| common stock | Sale | 9,538 | 34.7882 USD | ||||
| common stock | Sale | 7,499 | 35.2054 USD | ||||
| common stock | Sale | 6,967 | 34.8599 USD | ||||
| common stock | Sale | 3,480 | 34.9232 USD | ||||
| common stock | Sale | 3,381 | 35.0591 USD | ||||
| common stock | Sale | 3,270 | 35.0743 USD | ||||
| common stock | Sale | 1,592 | 34.9948 USD | ||||
| common stock | Sale | 1,379 | 34.9073 USD | ||||
| common stock | Sale | 1,372 | 34.6969 USD | ||||
| common stock | Sale | 1,360 | 35.0293 USD | ||||
| common stock | Sale | 1,120 | 35.2176 USD | ||||
| common stock | Sale | 1,107 | 35.0107 USD | ||||
| common stock | Sale | 1,037 | 35.1466 USD | ||||
| common stock | Sale | 1,007 | 35.0922 USD | ||||
| common stock | Sale | 894 | 35.2213 USD | ||||
| common stock | Sale | 798 | 35.0210 USD | ||||
| common stock | Sale | 724 | 34.8991 USD | ||||
| common stock | Sale | 700 | 35.2214 USD | ||||
| common stock | Sale | 611 | 35.1361 USD | ||||
| common stock | Sale | 535 | 35.0037 USD | ||||
| common stock | Sale | 493 | 34.8906 USD | ||||
| common stock | Sale | 461 | 35.0396 USD | ||||
| common stock | Sale | 404 | 35.2244 USD | ||||
| common stock | Sale | 400 | 34.9775 USD | ||||
| common stock | Sale | 400 | 35.3162 USD | ||||
| common stock | Sale | 345 | 34.7250 USD | ||||
| common stock | Sale | 300 | 35.1933 USD | ||||
| common stock | Sale | 300 | 35.0133 USD | ||||
| common stock | Sale | 292 | 35.1031 USD | ||||
| common stock | Sale | 276 | 35.3055 USD | ||||
| common stock | Sale | 207 | 35.0178 USD | ||||
| common stock | Sale | 206 | 35.1666 USD | ||||
| common stock | Sale | 200 | 35.0300 USD | ||||
| common stock | Sale | 188 | 35.2672 USD | ||||
| common stock | Sale | 155 | 35.0416 USD | ||||
| common stock | Sale | 109 | 35.0726 USD | ||||
| common stock | Sale | 100 | 34.8500 USD | ||||
| common stock | Sale | 100 | 34.8200 USD | ||||
| common stock | Sale | 100 | 35.3900 USD | ||||
| common stock | Sale | 80 | 35.1450 USD | ||||
| common stock | Sale | 45 | 34.6950 USD | ||||
| common stock | Sale | 38 | 35.0510 USD | ||||
| common stock | Sale | 27 | 35.0550 USD | ||||
| common stock | Sale | 19 | 35.2850 USD | ||||
| common stock | Sale | 17 | 35.2076 USD | ||||
| common stock | Sale | 14 | 35.3092 USD | ||||
| common stock | Sale | 3 | 35.4000 USD | ||||
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| (b) | Cash-settled derivative transactions |
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| Class of | Product | Nature of dealing | Number of | Price per | |||
| relevant | description |
| reference | unit | |||
| security |
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| securities |
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| common stock | SWAP | Increasing Long | 26,700 | 35.0444 USD | |||
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| (c) | Stock-settled derivative transactions (including options) |
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| (i) | Writing, selling, purchasing or varying |
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| Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
| of | description | purchasing, | of | price |
| date | money |
| relevant |
| selling, | securities | per unit |
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| paid/ |
| security |
| varying etc | 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) | Exercising |
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| Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
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| securities | unit | |||
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| (d) | Other dealings (including subscribing for new securities) |
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| Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
| security |
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| applicable) | ||||
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| 4. | OTHER INFORMATION | ||||||
| (a) | 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 | |||||||
| (b) | 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) | Attachments |
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| Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
| Date of disclosure: | 30 Apr 2024 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
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