| 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 | | |||||
| | positions disclosed, if different from 1(a): | ||||||
| (c) | Name of offeror/offeree in relation to whose | INTERNATIONAL PAPER COMPANY | |||||
| | relevant securities this form relates: | ||||||
| (d) | If an exempt fund manager connected with an | | |||||
| | offeror/offeree, state this and specify identity of | ||||||
| | offeror/offeree: | ||||||
| (e) | Date position held/dealing undertaken: | 08 Aug 2024 | |||||
| (f) | In addition to the company in 1(c) above, is the discloser making | YES: | | | |||
| | disclosures in respect of any other party to the offer? | DS SMITH PLC | | ||||
| 2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
| (a) | Interests and short positions in the relevant securities of the offeror or offeree | | |||||
| | to which the disclosure relates following the dealing(if any) | | |||||
| Class of relevant security: | common stock | ||||||
| | Interests | Short Positions | |||||
| | Number | (%) | Number | (%) | |||
| (1) | Relevant securities owned | | | | | ||
| | and/or controlled: | | | 806,672 | 0.23% | 497,016 | 0.14% |
| (2) | Cash-settled derivatives: | | | | | ||
| | and/or controlled: | | | 168,662 | 0.05% | 0 | 0.00% |
| (3) | Stock-settled derivatives (including options) | | | | | ||
| | and agreements to purchase/sell: | | | 0 | 0.00% | 24,700 | 0.01% |
| | | | | | | | |
| | TOTAL: | | | 975,334 | 0.28% | 521,716 | 0.15% |
| (b) | Rights to subscribe for new securities (including directors and other executive | | |||||
| | options) | | | | | | |
| Class of relevant security in relation to | | | | | |||
| which subscription right exists | | | | | |||
| Details, including nature of the rights | | | | | |||
| concerned and relevant percentages: | | | | | |||
| 3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
| (a) | Purchases and sales | | | | | | |
| Class of relevant | Purchase/sale | Number of | Price per unit | ||||
| security | | securities | | ||||
| common stock | Purchase | 60,218 | 44.5900 USD | ||||
| common stock | Purchase | 52,197 | 44.8243 USD | ||||
| common stock | Purchase | 25,385 | 44.8324 USD | ||||
| common stock | Purchase | 25,168 | 44.8389 USD | ||||
| common stock | Purchase | 16,907 | 44.7856 USD | ||||
| common stock | Purchase | 10,087 | 44.7575 USD | ||||
| common stock | Purchase | 9,360 | 44.7972 USD | ||||
| common stock | Purchase | 7,508 | 44.8398 USD | ||||
| common stock | Purchase | 5,490 | 44.8500 USD | ||||
| common stock | Purchase | 4,304 | 44.6581 USD | ||||
| common stock | Purchase | 4,203 | 44.8360 USD | ||||
| common stock | Purchase | 3,369 | 44.8509 USD | ||||
| common stock | Purchase | 3,339 | 44.7333 USD | ||||
| common stock | Purchase | 3,326 | 44.7662 USD | ||||
| common stock | Purchase | 2,497 | 44.8081 USD | ||||
| common stock | Purchase | 2,444 | 44.8167 USD | ||||
| common stock | Purchase | 2,200 | 44.8400 USD | ||||
| common stock | Purchase | 2,145 | 44.8506 USD | ||||
| common stock | Purchase | 1,640 | 44.7631 USD | ||||
| common stock | Purchase | 1,557 | 44.8459 USD | ||||
| common stock | Purchase | 1,552 | 44.8333 USD | ||||
| common stock | Purchase | 1,455 | 44.9071 USD | ||||
| common stock | Purchase | 1,150 | 44.7977 USD | ||||
| common stock | Purchase | 1,110 | 44.8472 USD | ||||
| common stock | Purchase | 1,001 | 44.8536 USD | ||||
| common stock | Purchase | 871 | 44.8088 USD | ||||
| common stock | Purchase | 800 | 44.9539 USD | ||||
| common stock | Purchase | 508 | 44.7489 USD | ||||
| common stock | Purchase | 472 | 44.8133 USD | ||||
| common stock | Purchase | 468 | 44.7381 USD | ||||
| common stock | Purchase | 408 | 44.9608 USD | ||||
| common stock | Purchase | 396 | 44.9213 USD | ||||
| common stock | Purchase | 393 | 44.8014 USD | ||||
| common stock | Purchase | 300 | 44.9233 USD | ||||
| common stock | Purchase | 257 | 44.8600 USD | ||||
| common stock | Purchase | 200 | 44.8750 USD | ||||
| common stock | Purchase | 200 | 44.8300 USD | ||||
| common stock | Purchase | 167 | 44.9128 USD | ||||
| common stock | Purchase | 96 | 44.9150 USD | ||||
| common stock | Purchase | 87 | 44.9642 USD | ||||
| common stock | Purchase | 48 | 44.8197 USD | ||||
| common stock | Purchase | 44 | 44.6325 USD | ||||
| common stock | Purchase | 42 | 44.8166 USD | ||||
| common stock | Purchase | 30 | 44.8150 USD | ||||
| common stock | Purchase | 15 | 44.8200 USD | ||||
| common stock | Purchase | 4 | 43.8500 USD | ||||
| common stock | Sale | 44,516 | 44.8081 USD | ||||
| common stock | Sale | 38,055 | 44.8269 USD | ||||
| common stock | Sale | 30,109 | 44.5900 USD | ||||
| common stock | Sale | 22,297 | 44.8200 USD | ||||
| common stock | Sale | 14,779 | 44.7926 USD | ||||
| common stock | Sale | 11,309 | 44.6302 USD | ||||
| common stock | Sale | 11,225 | 44.8500 USD | ||||
| common stock | Sale | 10,444 | 44.8250 USD | ||||
| common stock | Sale | 7,508 | 44.8398 USD | ||||
| common stock | Sale | 7,168 | 44.7616 USD | ||||
| common stock | Sale | 6,505 | 44.8703 USD | ||||
| common stock | Sale | 5,314 | 44.7397 USD | ||||
| common stock | Sale | 4,169 | 44.6498 USD | ||||
| common stock | Sale | 3,715 | 44.8751 USD | ||||
| common stock | Sale | 3,369 | 44.8509 USD | ||||
| common stock | Sale | 3,299 | 44.7703 USD | ||||
| common stock | Sale | 3,293 | 44.6192 USD | ||||
| common stock | Sale | 3,100 | 44.8674 USD | ||||
| common stock | Sale | 2,519 | 44.5951 USD | ||||
| common stock | Sale | 2,322 | 44.6258 USD | ||||
| common stock | Sale | 2,200 | 44.8400 USD | ||||
| common stock | Sale | 2,080 | 44.7845 USD | ||||
| common stock | Sale | 1,967 | 44.5888 USD | ||||
| common stock | Sale | 1,896 | 44.7818 USD | ||||
| common stock | Sale | 1,400 | 44.5892 USD | ||||
| common stock | Sale | 1,350 | 44.7935 USD | ||||
| common stock | Sale | 1,300 | 44.6053 USD | ||||
| common stock | Sale | 1,055 | 44.8907 USD | ||||
| common stock | Sale | 944 | 44.7885 USD | ||||
| common stock | Sale | 826 | 44.4800 USD | ||||
| common stock | Sale | 822 | 44.8660 USD | ||||
| common stock | Sale | 800 | 44.9539 USD | ||||
| common stock | Sale | 792 | 44.9213 USD | ||||
| common stock | Sale | 607 | 44.6198 USD | ||||
| common stock | Sale | 535 | 44.7131 USD | ||||
| common stock | Sale | 508 | 44.7489 USD | ||||
| common stock | Sale | 501 | 44.8853 USD | ||||
| common stock | Sale | 500 | 44.5980 USD | ||||
| common stock | Sale | 491 | 44.6514 USD | ||||
| common stock | Sale | 468 | 44.7381 USD | ||||
| common stock | Sale | 429 | 44.7030 USD | ||||
| common stock | Sale | 408 | 44.9608 USD | ||||
| common stock | Sale | 374 | 44.7816 USD | ||||
| common stock | Sale | 300 | 44.6366 USD | ||||
| common stock | Sale | 300 | 44.6700 USD | ||||
| common stock | Sale | 277 | 44.9490 USD | ||||
| common stock | Sale | 225 | 44.6177 USD | ||||
| common stock | Sale | 200 | 44.9000 USD | ||||
| common stock | Sale | 200 | 44.9050 USD | ||||
| common stock | Sale | 135 | 44.9150 USD | ||||
| common stock | Sale | 121 | 44.9534 USD | ||||
| common stock | Sale | 102 | 44.9500 USD | ||||
| common stock | Sale | 100 | 44.6100 USD | ||||
| common stock | Sale | 100 | 44.6900 USD | ||||
| common stock | Sale | 92 | 44.6200 USD | ||||
| common stock | Sale | 87 | 44.9642 USD | ||||
| common stock | Sale | 44 | 44.6325 USD | ||||
| common stock | Sale | 6 | 44.6000 USD | ||||
| | | | | | | | |
| (b) | Cash-settled derivative transactions | | |||||
| Class of | Product | Nature of dealing | Number of | Price per | |||
| relevant | description | | reference | unit | |||
| security | | | securities | | |||
| | | | | | |||
| | | | | | | | |
| (c) | Stock-settled derivative transactions (including options) | | |||||
| (i) | Writing, selling, purchasing or varying | | |||||
| Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
| of | description | purchasing, | of | price | | date | money |
| relevant | | selling, | securities | per unit | | | paid/ |
| security | | varying etc | to which | | | | received |
| | | | option | | | | per unit |
| | | | relates | | | | |
| | | | | | | | |
| | | | | | | | |
| (ii) | Exercising | | | | | | |
| Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
| security | | | securities | unit | |||
| | | | | | |||
| | | | | | | | |
| (d) | Other dealings (including subscribing for new securities) | | |||||
| Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
| security | | | applicable) | ||||
| | | | | ||||
| 4. | OTHER INFORMATION | ||||||
| (a) | Indemnity and other dealings arrangements | | |||||
| Details of any indemnity or option arrangement, or any agreement or understanding, | | | |||||
| formal or informal, relating to relevant securities which may be an inducement to deal | | | |||||
| or refrain from dealing entered into by the exempt principal trader making the disclosure and any party | | ||||||
| to the offer or any person acting in concert with a party to the offer: | | | | ||||
| NONE | |||||||
| (b) | Agreements, arrangements or understandings relating to options or derivatives | | |||||
| Details of any agreement, arrangement or understanding, formal or informal, between | | | |||||
| the person making the disclosure and any other person relating to: | | | |||||
| (i) the voting rights of any relevant securities under any option; or | | | | ||||
| (ii) the voting rights of future acquisition or disposal of any relevant securities to which | | | |||||
| any derivative is referenced: | | | | | | | |
| NONE | |||||||
| (c) | Attachments | | | | | | |
| Is a Supplemental Form 8 (Open Positions) attached? | YES | ||||||
| Date of disclosure: | 09 Aug 2024 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
| | | | | | | | |
| | | | | | | | |
| | | | | | | | |
| DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO | |||||||
| PURCHASE OR SELL ETC. | |||||||
| Note 5(i) on Rule 8 of the Takeover Code (the "Code") | |||||||
| 1. | KEY INFORMATION | ||||||
| Identity of the person whose positions/dealings | Barclays PLC. | ||||||
| are being disclosed: | |||||||
| Name of offeror/offeree in relation to whose | INTERNATIONAL PAPER CO | ||||||
| relevant securities this from relates: | |||||||
| | | | | | | | |
| 2. | OPTIONS AND DERIVATIVES | ||||||
| Class of relevant security | Product description | Writing, purchasing, selling, varying etc | Number of securities to which option relates | Exercise price per unit | Type | Expiry date | |
| common stock | Put Options | Purchased | -24,700 | 43.0000 | American | 16 Aug 2024 | |
| | | | | | | | |
| 3. | AGREEMENTS TO PURCHASE OR SELL ETC. | ||||||
| Full details should be given so that the nature of the interest or position can be fully understood: | |||||||
| | | | | | | | |
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