| 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: | 31 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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| 758,659 | 0.22% | 1,001,377 | 0.29% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 535,644 | 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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| 1,294,303 | 0.37% | 1,015,037 | 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 | 37,573 | 53.8200 USD | ||||
| common stock | Purchase | 33,396 | 53.8269 USD | ||||
| common stock | Purchase | 27,016 | 53.8057 USD | ||||
| common stock | Purchase | 13,146 | 53.9177 USD | ||||
| common stock | Purchase | 12,840 | 53.9192 USD | ||||
| common stock | Purchase | 10,508 | 53.7922 USD | ||||
| common stock | Purchase | 5,941 | 53.8424 USD | ||||
| common stock | Purchase | 5,683 | 53.7605 USD | ||||
| common stock | Purchase | 5,653 | 53.8218 USD | ||||
| common stock | Purchase | 1,372 | 53.7763 USD | ||||
| common stock | Purchase | 1,072 | 53.7442 USD | ||||
| common stock | Purchase | 1,063 | 53.8434 USD | ||||
| common stock | Purchase | 613 | 53.8107 USD | ||||
| common stock | Purchase | 606 | 53.8117 USD | ||||
| common stock | Purchase | 530 | 53.9366 USD | ||||
| common stock | Purchase | 485 | 53.9311 USD | ||||
| common stock | Purchase | 420 | 53.9409 USD | ||||
| common stock | Purchase | 308 | 53.8768 USD | ||||
| common stock | Purchase | 240 | 53.6797 USD | ||||
| common stock | Purchase | 103 | 53.7400 USD | ||||
| common stock | Purchase | 100 | 53.8000 USD | ||||
| common stock | Purchase | 60 | 53.6270 USD | ||||
| common stock | Purchase | 59 | 53.7193 USD | ||||
| common stock | Purchase | 25 | 53.9950 USD | ||||
| common stock | Purchase | 15 | 53.8300 USD | ||||
| common stock | Purchase | 12 | 53.9100 USD | ||||
| common stock | Purchase | 5 | 53.9300 USD | ||||
| common stock | Sale | 65,745 | 53.8200 USD | ||||
| common stock | Sale | 39,186 | 53.7906 USD | ||||
| common stock | Sale | 33,948 | 53.8179 USD | ||||
| common stock | Sale | 11,381 | 53.9385 USD | ||||
| common stock | Sale | 5,877 | 53.9881 USD | ||||
| common stock | Sale | 4,634 | 53.9061 USD | ||||
| common stock | Sale | 4,138 | 53.8803 USD | ||||
| common stock | Sale | 3,019 | 53.8976 USD | ||||
| common stock | Sale | 2,201 | 53.8285 USD | ||||
| common stock | Sale | 1,459 | 53.7691 USD | ||||
| common stock | Sale | 1,063 | 53.8434 USD | ||||
| common stock | Sale | 867 | 53.8677 USD | ||||
| common stock | Sale | 545 | 53.9049 USD | ||||
| common stock | Sale | 506 | 53.7863 USD | ||||
| common stock | Sale | 500 | 53.7920 USD | ||||
| common stock | Sale | 471 | 53.8843 USD | ||||
| common stock | Sale | 308 | 53.8768 USD | ||||
| common stock | Sale | 300 | 53.6200 USD | ||||
| common stock | Sale | 206 | 53.5754 USD | ||||
| common stock | Sale | 197 | 53.8689 USD | ||||
| common stock | Sale | 121 | 53.6557 USD | ||||
| common stock | Sale | 108 | 53.6277 USD | ||||
| common stock | Sale | 107 | 53.8136 USD | ||||
| common stock | Sale | 104 | 53.8000 USD | ||||
| common stock | Sale | 100 | 53.9400 USD | ||||
| common stock | Sale | 86 | 53.7647 USD | ||||
| common stock | Sale | 84 | 53.7385 USD | ||||
| common stock | Sale | 72 | 53.6666 USD | ||||
| common stock | Sale | 59 | 53.7374 USD | ||||
| common stock | Sale | 56 | 53.8167 USD | ||||
| common stock | Sale | 38 | 53.6334 USD | ||||
| common stock | Sale | 36 | 53.7447 USD | ||||
| common stock | Sale | 36 | 53.6450 USD | ||||
| common stock | Sale | 29 | 53.9631 USD | ||||
| common stock | Sale | 24 | 53.6125 USD | ||||
| common stock | Sale | 24 | 53.6000 USD | ||||
| common stock | Sale | 23 | 53.9850 USD | ||||
| common stock | Sale | 22 | 53.6354 USD | ||||
| common stock | Sale | 16 | 53.8400 USD | ||||
| common stock | Sale | 8 | 53.9300 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 | |||
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| securities |
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| common stock | SWAP | Decreasing Long | 332 | 53.6525 USD | |||
| common stock | SWAP | Decreasing Long | 264 | 53.8225 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: | 02 Jan 2025 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
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