| 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: | 17 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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| 866,113 | 0.25% | 386,692 | 0.11% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 286,750 | 0.08% | 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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| 1,152,863 | 0.33% | 386,692 | 0.11% |
| (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 | 101,874 | 47.1405 USD | ||||
| common stock | Purchase | 82,786 | 46.6300 USD | ||||
| common stock | Purchase | 57,798 | 46.7458 USD | ||||
| common stock | Purchase | 51,745 | 46.7938 USD | ||||
| common stock | Purchase | 39,620 | 46.8133 USD | ||||
| common stock | Purchase | 23,903 | 47.0827 USD | ||||
| common stock | Purchase | 23,062 | 47.0274 USD | ||||
| common stock | Purchase | 13,844 | 47.3000 USD | ||||
| common stock | Purchase | 10,000 | 47.1267 USD | ||||
| common stock | Purchase | 7,666 | 46.7129 USD | ||||
| common stock | Purchase | 7,231 | 46.8464 USD | ||||
| common stock | Purchase | 6,754 | 47.0194 USD | ||||
| common stock | Purchase | 5,721 | 46.6301 USD | ||||
| common stock | Purchase | 4,209 | 46.7874 USD | ||||
| common stock | Purchase | 3,193 | 46.6316 USD | ||||
| common stock | Purchase | 1,496 | 46.7977 USD | ||||
| common stock | Purchase | 1,028 | 47.3967 USD | ||||
| common stock | Purchase | 969 | 46.7668 USD | ||||
| common stock | Purchase | 800 | 46.5000 USD | ||||
| common stock | Purchase | 657 | 46.8931 USD | ||||
| common stock | Purchase | 599 | 46.6364 USD | ||||
| common stock | Purchase | 591 | 46.6856 USD | ||||
| common stock | Purchase | 542 | 47.3700 USD | ||||
| common stock | Purchase | 500 | 46.8235 USD | ||||
| common stock | Purchase | 280 | 46.7233 USD | ||||
| common stock | Purchase | 200 | 46.5200 USD | ||||
| common stock | Purchase | 200 | 46.4300 USD | ||||
| common stock | Purchase | 200 | 46.5100 USD | ||||
| common stock | Purchase | 182 | 47.0342 USD | ||||
| common stock | Purchase | 145 | 46.6400 USD | ||||
| common stock | Purchase | 120 | 46.5500 USD | ||||
| common stock | Purchase | 104 | 46.6755 USD | ||||
| common stock | Purchase | 100 | 46.4150 USD | ||||
| common stock | Purchase | 63 | 46.6200 USD | ||||
| common stock | Purchase | 48 | 46.4200 USD | ||||
| common stock | Purchase | 13 | 43.6300 EUR | ||||
| common stock | Purchase | 11 | 43.6100 EUR | ||||
| common stock | Sale | 106,987 | 46.7111 USD | ||||
| common stock | Sale | 86,864 | 46.6370 USD | ||||
| common stock | Sale | 57,266 | 47.1696 USD | ||||
| common stock | Sale | 19,717 | 46.9310 USD | ||||
| common stock | Sale | 16,147 | 47.0994 USD | ||||
| common stock | Sale | 15,141 | 46.7583 USD | ||||
| common stock | Sale | 13,844 | 47.3000 USD | ||||
| common stock | Sale | 10,215 | 47.0962 USD | ||||
| common stock | Sale | 10,000 | 47.1267 USD | ||||
| common stock | Sale | 9,106 | 46.8094 USD | ||||
| common stock | Sale | 8,523 | 47.2967 USD | ||||
| common stock | Sale | 8,069 | 47.0278 USD | ||||
| common stock | Sale | 7,369 | 47.2850 USD | ||||
| common stock | Sale | 7,313 | 46.9024 USD | ||||
| common stock | Sale | 6,954 | 47.0095 USD | ||||
| common stock | Sale | 6,880 | 47.0051 USD | ||||
| common stock | Sale | 4,681 | 47.1450 USD | ||||
| common stock | Sale | 4,662 | 47.1176 USD | ||||
| common stock | Sale | 4,555 | 46.6300 USD | ||||
| common stock | Sale | 3,830 | 46.8030 USD | ||||
| common stock | Sale | 3,656 | 47.2467 USD | ||||
| common stock | Sale | 3,193 | 46.6316 USD | ||||
| common stock | Sale | 3,120 | 46.7861 USD | ||||
| common stock | Sale | 2,936 | 47.3625 USD | ||||
| common stock | Sale | 2,632 | 46.6301 USD | ||||
| common stock | Sale | 2,625 | 46.9090 USD | ||||
| common stock | Sale | 2,073 | 46.8723 USD | ||||
| common stock | Sale | 2,045 | 46.9169 USD | ||||
| common stock | Sale | 2,000 | 46.7935 USD | ||||
| common stock | Sale | 1,900 | 50.0000 USD | ||||
| common stock | Sale | 1,610 | 47.0213 USD | ||||
| common stock | Sale | 1,569 | 46.6302 USD | ||||
| common stock | Sale | 1,199 | 47.3191 USD | ||||
| common stock | Sale | 1,100 | 46.8327 USD | ||||
| common stock | Sale | 1,042 | 47.3700 USD | ||||
| common stock | Sale | 1,028 | 47.3967 USD | ||||
| common stock | Sale | 994 | 47.3456 USD | ||||
| common stock | Sale | 868 | 46.7178 USD | ||||
| common stock | Sale | 767 | 47.0415 USD | ||||
| common stock | Sale | 700 | 46.6928 USD | ||||
| common stock | Sale | 695 | 47.3965 USD | ||||
| common stock | Sale | 657 | 46.8931 USD | ||||
| common stock | Sale | 547 | 47.1580 USD | ||||
| common stock | Sale | 500 | 46.8235 USD | ||||
| common stock | Sale | 463 | 46.9271 USD | ||||
| common stock | Sale | 432 | 46.9709 USD | ||||
| common stock | Sale | 286 | 46.7566 USD | ||||
| common stock | Sale | 200 | 46.5000 USD | ||||
| common stock | Sale | 200 | 46.9050 USD | ||||
| common stock | Sale | 200 | 46.6250 USD | ||||
| common stock | Sale | 200 | 47.5000 USD | ||||
| common stock | Sale | 155 | 47.3687 USD | ||||
| common stock | Sale | 150 | 46.6500 USD | ||||
| common stock | Sale | 101 | 47.1885 USD | ||||
| common stock | Sale | 100 | 46.4350 USD | ||||
| common stock | Sale | 100 | 47.0900 USD | ||||
| common stock | Sale | 100 | 47.3200 USD | ||||
| common stock | Sale | 51 | 47.3151 USD | ||||
| common stock | Sale | 48 | 46.4200 USD | ||||
| common stock | Sale | 24 | 47.3100 USD | ||||
| common stock | Sale | 13 | 43.6300 EUR | ||||
| common stock | Sale | 11 | 43.6100 EUR | ||||
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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 | 1,897 | 46.6324 USD | |||
| common stock | SWAP | Decreasing Long | 1,131 | 46.6325 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: | 18 Oct 2024 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
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