| 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: | 09 Oct 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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| 865,804 | 0.25% | 418,734 | 0.12% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 323,733 | 0.09% | 0 | 0.00% |
| (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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| 1,189,537 | 0.34% | 418,734 | 0.12% |
| (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 | 77,100 | 47.4986 USD | ||||
| common stock | Purchase | 45,056 | 47.1373 USD | ||||
| common stock | Purchase | 37,024 | 47.1783 USD | ||||
| common stock | Purchase | 27,185 | 47.0989 USD | ||||
| common stock | Purchase | 27,170 | 47.2188 USD | ||||
| common stock | Purchase | 19,688 | 47.1765 USD | ||||
| common stock | Purchase | 18,460 | 47.1000 USD | ||||
| common stock | Purchase | 16,807 | 47.2917 USD | ||||
| common stock | Purchase | 11,516 | 47.1510 USD | ||||
| common stock | Purchase | 10,706 | 47.0923 USD | ||||
| common stock | Purchase | 9,652 | 47.1698 USD | ||||
| common stock | Purchase | 8,182 | 47.1017 USD | ||||
| common stock | Purchase | 8,106 | 47.1372 USD | ||||
| common stock | Purchase | 8,069 | 47.1345 USD | ||||
| common stock | Purchase | 6,981 | 47.1508 USD | ||||
| common stock | Purchase | 6,386 | 47.0952 USD | ||||
| common stock | Purchase | 6,271 | 47.1271 USD | ||||
| common stock | Purchase | 5,701 | 47.2230 USD | ||||
| common stock | Purchase | 5,560 | 47.1319 USD | ||||
| common stock | Purchase | 4,558 | 47.1238 USD | ||||
| common stock | Purchase | 3,927 | 47.1331 USD | ||||
| common stock | Purchase | 3,311 | 47.0689 USD | ||||
| common stock | Purchase | 1,718 | 47.0352 USD | ||||
| common stock | Purchase | 1,100 | 47.1197 USD | ||||
| common stock | Purchase | 1,084 | 47.2367 USD | ||||
| common stock | Purchase | 833 | 47.2614 USD | ||||
| common stock | Purchase | 826 | 47.1250 USD | ||||
| common stock | Purchase | 700 | 47.1742 USD | ||||
| common stock | Purchase | 622 | 47.1246 USD | ||||
| common stock | Purchase | 549 | 47.1167 USD | ||||
| common stock | Purchase | 508 | 47.0950 USD | ||||
| common stock | Purchase | 500 | 47.1100 USD | ||||
| common stock | Purchase | 500 | 47.1150 USD | ||||
| common stock | Purchase | 500 | 47.2520 USD | ||||
| common stock | Purchase | 500 | 47.0260 USD | ||||
| common stock | Purchase | 493 | 47.0488 USD | ||||
| common stock | Purchase | 481 | 47.1374 USD | ||||
| common stock | Purchase | 448 | 47.1445 USD | ||||
| common stock | Purchase | 379 | 47.1555 USD | ||||
| common stock | Purchase | 297 | 47.1281 USD | ||||
| common stock | Purchase | 282 | 47.1200 USD | ||||
| common stock | Purchase | 226 | 47.1155 USD | ||||
| common stock | Purchase | 213 | 47.1147 USD | ||||
| common stock | Purchase | 200 | 47.0800 USD | ||||
| common stock | Purchase | 200 | 47.3700 USD | ||||
| common stock | Purchase | 200 | 47.1675 USD | ||||
| common stock | Purchase | 100 | 47.1400 USD | ||||
| common stock | Purchase | 100 | 47.2050 USD | ||||
| common stock | Purchase | 100 | 47.2650 USD | ||||
| common stock | Purchase | 100 | 47.0500 USD | ||||
| common stock | Purchase | 49 | 47.1300 USD | ||||
| common stock | Sale | 96,326 | 47.1539 USD | ||||
| common stock | Sale | 38,550 | 47.4986 USD | ||||
| common stock | Sale | 31,800 | 47.1292 USD | ||||
| common stock | Sale | 27,075 | 47.0995 USD | ||||
| common stock | Sale | 20,675 | 47.2861 USD | ||||
| common stock | Sale | 17,204 | 47.1000 USD | ||||
| common stock | Sale | 14,976 | 47.2691 USD | ||||
| common stock | Sale | 11,516 | 47.1510 USD | ||||
| common stock | Sale | 10,706 | 47.0923 USD | ||||
| common stock | Sale | 10,457 | 47.1107 USD | ||||
| common stock | Sale | 9,045 | 47.0653 USD | ||||
| common stock | Sale | 9,043 | 47.1002 USD | ||||
| common stock | Sale | 8,961 | 47.1560 USD | ||||
| common stock | Sale | 8,490 | 47.0788 USD | ||||
| common stock | Sale | 6,475 | 47.0328 USD | ||||
| common stock | Sale | 5,126 | 47.2626 USD | ||||
| common stock | Sale | 3,526 | 47.0290 USD | ||||
| common stock | Sale | 3,300 | 47.0675 USD | ||||
| common stock | Sale | 3,245 | 47.1697 USD | ||||
| common stock | Sale | 3,100 | 47.2229 USD | ||||
| common stock | Sale | 2,800 | 47.0317 USD | ||||
| common stock | Sale | 2,523 | 47.3482 USD | ||||
| common stock | Sale | 2,300 | 46.9947 USD | ||||
| common stock | Sale | 1,578 | 47.2369 USD | ||||
| common stock | Sale | 1,500 | 47.2273 USD | ||||
| common stock | Sale | 1,326 | 47.1246 USD | ||||
| common stock | Sale | 1,314 | 47.1091 USD | ||||
| common stock | Sale | 1,300 | 47.0469 USD | ||||
| common stock | Sale | 1,226 | 47.2233 USD | ||||
| common stock | Sale | 1,119 | 47.0917 USD | ||||
| common stock | Sale | 1,101 | 47.1222 USD | ||||
| common stock | Sale | 1,100 | 47.4459 USD | ||||
| common stock | Sale | 1,094 | 47.1850 USD | ||||
| common stock | Sale | 800 | 46.9600 USD | ||||
| common stock | Sale | 700 | 47.1585 USD | ||||
| common stock | Sale | 700 | 47.1014 USD | ||||
| common stock | Sale | 614 | 47.2498 USD | ||||
| common stock | Sale | 600 | 47.3643 USD | ||||
| common stock | Sale | 600 | 47.2100 USD | ||||
| common stock | Sale | 597 | 46.9755 USD | ||||
| common stock | Sale | 500 | 47.0940 USD | ||||
| common stock | Sale | 498 | 47.1019 USD | ||||
| common stock | Sale | 429 | 47.1166 USD | ||||
| common stock | Sale | 401 | 47.0774 USD | ||||
| common stock | Sale | 400 | 47.0500 USD | ||||
| common stock | Sale | 400 | 46.9325 USD | ||||
| common stock | Sale | 387 | 47.0894 USD | ||||
| common stock | Sale | 336 | 47.1100 USD | ||||
| common stock | Sale | 300 | 47.1066 USD | ||||
| common stock | Sale | 300 | 47.0900 USD | ||||
| common stock | Sale | 297 | 47.1281 USD | ||||
| common stock | Sale | 244 | 47.5926 USD | ||||
| common stock | Sale | 200 | 47.1175 USD | ||||
| common stock | Sale | 200 | 46.9750 USD | ||||
| common stock | Sale | 173 | 47.1273 USD | ||||
| common stock | Sale | 107 | 47.0173 USD | ||||
| common stock | Sale | 101 | 46.9404 USD | ||||
| common stock | Sale | 100 | 47.0600 USD | ||||
| common stock | Sale | 100 | 47.1050 USD | ||||
| common stock | Sale | 100 | 47.3750 USD | ||||
| common stock | Sale | 52 | 47.3092 USD | ||||
| common stock | Sale | 20 | 47.2300 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 | Decreasing Long | 5,800 | 47.2039 USD | |||
| common stock | SWAP | Decreasing Long | 2,263 | 47.1024 USD | |||
| common stock | SWAP | Decreasing Long | 367 | 47.1025 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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| (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: | 10 Oct 2024 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
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