| 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: | 23 Dec 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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| 825,648 | 0.24% | 1,005,243 | 0.29% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 536,518 | 0.15% | 13,660 | 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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| 1,362,166 | 0.39% | 1,018,903 | 0.29% |
| (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 | 66,285 | 54.2714 USD | ||||
| common stock | Purchase | 59,908 | 54.4900 USD | ||||
| common stock | Purchase | 50,362 | 54.1944 USD | ||||
| common stock | Purchase | 29,705 | 54.4844 USD | ||||
| common stock | Purchase | 21,721 | 53.7891 USD | ||||
| common stock | Purchase | 17,375 | 54.1466 USD | ||||
| common stock | Purchase | 14,512 | 54.2739 USD | ||||
| common stock | Purchase | 12,319 | 53.8961 USD | ||||
| common stock | Purchase | 9,957 | 54.1755 USD | ||||
| common stock | Purchase | 8,181 | 54.0536 USD | ||||
| common stock | Purchase | 6,785 | 53.8995 USD | ||||
| common stock | Purchase | 5,270 | 54.4848 USD | ||||
| common stock | Purchase | 4,040 | 54.0500 USD | ||||
| common stock | Purchase | 3,985 | 54.3289 USD | ||||
| common stock | Purchase | 3,436 | 53.9167 USD | ||||
| common stock | Purchase | 3,266 | 54.1153 USD | ||||
| common stock | Purchase | 2,174 | 53.8769 USD | ||||
| common stock | Purchase | 2,033 | 54.4535 USD | ||||
| common stock | Purchase | 1,880 | 54.1537 USD | ||||
| common stock | Purchase | 1,840 | 53.7828 USD | ||||
| common stock | Purchase | 1,667 | 53.9110 USD | ||||
| common stock | Purchase | 857 | 54.1249 USD | ||||
| common stock | Purchase | 700 | 54.0942 USD | ||||
| common stock | Purchase | 603 | 54.1562 USD | ||||
| common stock | Purchase | 522 | 53.8860 USD | ||||
| common stock | Purchase | 405 | 54.4736 USD | ||||
| common stock | Purchase | 371 | 54.0845 USD | ||||
| common stock | Purchase | 342 | 53.5280 USD | ||||
| common stock | Purchase | 300 | 53.9366 USD | ||||
| common stock | Purchase | 200 | 53.8200 USD | ||||
| common stock | Purchase | 200 | 54.4800 USD | ||||
| common stock | Purchase | 193 | 54.0517 USD | ||||
| common stock | Purchase | 150 | 54.2700 USD | ||||
| common stock | Purchase | 100 | 54.4500 USD | ||||
| common stock | Purchase | 100 | 54.2900 USD | ||||
| common stock | Purchase | 100 | 54.0100 USD | ||||
| common stock | Purchase | 100 | 53.9700 USD | ||||
| common stock | Purchase | 98 | 53.6600 USD | ||||
| common stock | Purchase | 79 | 54.0076 USD | ||||
| common stock | Purchase | 50 | 53.5400 USD | ||||
| common stock | Purchase | 44 | 53.6300 USD | ||||
| common stock | Purchase | 36 | 52.6600 EUR | ||||
| common stock | Purchase | 15 | 54.3700 USD | ||||
| common stock | Purchase | 14 | 53.5300 USD | ||||
| common stock | Sale | 104,735 | 54.0698 USD | ||||
| common stock | Sale | 53,405 | 54.4900 USD | ||||
| common stock | Sale | 30,322 | 54.4855 USD | ||||
| common stock | Sale | 25,946 | 54.2504 USD | ||||
| common stock | Sale | 25,005 | 54.1633 USD | ||||
| common stock | Sale | 18,319 | 54.2617 USD | ||||
| common stock | Sale | 9,618 | 54.3912 USD | ||||
| common stock | Sale | 9,465 | 54.1543 USD | ||||
| common stock | Sale | 9,311 | 54.1955 USD | ||||
| common stock | Sale | 5,953 | 53.9954 USD | ||||
| common stock | Sale | 5,867 | 54.2886 USD | ||||
| common stock | Sale | 5,537 | 54.0408 USD | ||||
| common stock | Sale | 3,896 | 54.0926 USD | ||||
| common stock | Sale | 2,219 | 54.1088 USD | ||||
| common stock | Sale | 2,033 | 54.4535 USD | ||||
| common stock | Sale | 1,319 | 53.9917 USD | ||||
| common stock | Sale | 1,295 | 54.1814 USD | ||||
| common stock | Sale | 1,175 | 54.0632 USD | ||||
| common stock | Sale | 1,032 | 54.0115 USD | ||||
| common stock | Sale | 1,006 | 54.0091 USD | ||||
| common stock | Sale | 800 | 53.9762 USD | ||||
| common stock | Sale | 738 | 54.1933 USD | ||||
| common stock | Sale | 727 | 54.1463 USD | ||||
| common stock | Sale | 700 | 54.0942 USD | ||||
| common stock | Sale | 644 | 54.2378 USD | ||||
| common stock | Sale | 540 | 54.2927 USD | ||||
| common stock | Sale | 514 | 54.3049 USD | ||||
| common stock | Sale | 503 | 54.3004 USD | ||||
| common stock | Sale | 444 | 54.3899 USD | ||||
| common stock | Sale | 375 | 54.2162 USD | ||||
| common stock | Sale | 349 | 54.3745 USD | ||||
| common stock | Sale | 300 | 53.9000 USD | ||||
| common stock | Sale | 300 | 53.7966 USD | ||||
| common stock | Sale | 215 | 54.0735 USD | ||||
| common stock | Sale | 185 | 53.6777 USD | ||||
| common stock | Sale | 182 | 53.8295 USD | ||||
| common stock | Sale | 152 | 53.5716 USD | ||||
| common stock | Sale | 152 | 53.5833 USD | ||||
| common stock | Sale | 150 | 54.2700 USD | ||||
| common stock | Sale | 118 | 53.9584 USD | ||||
| common stock | Sale | 79 | 54.0076 USD | ||||
| common stock | Sale | 48 | 54.2400 USD | ||||
| common stock | Sale | 44 | 53.6300 USD | ||||
| common stock | Sale | 36 | 52.6600 EUR | ||||
| common stock | Sale | 24 | 53.5912 USD | ||||
| common stock | Sale | 21 | 54.4300 USD | ||||
| common stock | Sale | 19 | 53.7615 USD | ||||
| common stock | Sale | 18 | 53.9483 USD | ||||
| common stock | Sale | 18 | 54.3916 USD | ||||
| common stock | Sale | 14 | 54.4400 USD | ||||
| common stock | Sale | 5 | 53.4100 USD | ||||
| common stock | Sale | 3 | 53.4000 USD | ||||
| common stock | Sale | 1 | 53.9600 USD | ||||
| common stock | Sale | 1 | 54.0000 USD | ||||
| common stock | Sale | 1 | 53.9500 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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| (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: | 24 Dec 2024 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
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