| 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: | 13 Jan 2025 | |||||
| (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: | | | 618,765 | 0.18% | 661,903 | 0.19% |
| (2) | Cash-settled derivatives: | | | | | ||
| | and/or controlled: | | | 534,363 | 0.15% | 13,660 | 0.00% |
| (3) | Stock-settled derivatives (including options) | | | | | ||
| | and agreements to purchase/sell: | | | 0 | 0.00% | 0 | 0.00% |
| | | | | | | | |
| | TOTAL: | | | 1,153,128 | 0.33% | 675,563 | 0.19% |
| (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 | 277,520 | 53.8900 USD | ||||
| common stock | Purchase | 120,765 | 53.8899 USD | ||||
| common stock | Purchase | 120,746 | 53.8303 USD | ||||
| common stock | Purchase | 57,510 | 53.7574 USD | ||||
| common stock | Purchase | 56,342 | 53.8640 USD | ||||
| common stock | Purchase | 43,903 | 53.6999 USD | ||||
| common stock | Purchase | 24,541 | 53.6590 USD | ||||
| common stock | Purchase | 24,314 | 53.6616 USD | ||||
| common stock | Purchase | 17,437 | 53.7530 USD | ||||
| common stock | Purchase | 17,306 | 53.7412 USD | ||||
| common stock | Purchase | 15,162 | 53.4156 USD | ||||
| common stock | Purchase | 12,736 | 53.7630 USD | ||||
| common stock | Purchase | 8,832 | 53.7340 USD | ||||
| common stock | Purchase | 6,178 | 53.6669 USD | ||||
| common stock | Purchase | 2,480 | 53.8852 USD | ||||
| common stock | Purchase | 2,180 | 53.6659 USD | ||||
| common stock | Purchase | 1,500 | 53.5900 USD | ||||
| common stock | Purchase | 1,403 | 53.7218 USD | ||||
| common stock | Purchase | 1,398 | 53.6775 USD | ||||
| common stock | Purchase | 1,139 | 53.6589 USD | ||||
| common stock | Purchase | 1,126 | 53.6381 USD | ||||
| common stock | Purchase | 958 | 53.7326 USD | ||||
| common stock | Purchase | 900 | 53.7150 USD | ||||
| common stock | Purchase | 753 | 53.6979 USD | ||||
| common stock | Purchase | 655 | 53.6870 USD | ||||
| common stock | Purchase | 590 | 53.7650 USD | ||||
| common stock | Purchase | 568 | 53.5797 USD | ||||
| common stock | Purchase | 500 | 53.7200 USD | ||||
| common stock | Purchase | 480 | 53.7558 USD | ||||
| common stock | Purchase | 240 | 53.7100 USD | ||||
| common stock | Purchase | 202 | 53.5313 USD | ||||
| common stock | Purchase | 130 | 53.7269 USD | ||||
| common stock | Purchase | 103 | 53.7508 USD | ||||
| common stock | Purchase | 100 | 53.7600 USD | ||||
| common stock | Purchase | 71 | 53.8850 USD | ||||
| common stock | Purchase | 10 | 53.7700 USD | ||||
| common stock | Purchase | 1 | 53.8750 USD | ||||
| common stock | Sale | 202,342 | 53.8900 USD | ||||
| common stock | Sale | 148,457 | 53.7579 USD | ||||
| common stock | Sale | 120,765 | 53.8899 USD | ||||
| common stock | Sale | 57,510 | 53.7574 USD | ||||
| common stock | Sale | 56,319 | 53.8613 USD | ||||
| common stock | Sale | 23,649 | 53.6569 USD | ||||
| common stock | Sale | 20,917 | 53.7218 USD | ||||
| common stock | Sale | 20,488 | 53.6687 USD | ||||
| common stock | Sale | 15,162 | 53.4156 USD | ||||
| common stock | Sale | 7,737 | 53.8268 USD | ||||
| common stock | Sale | 7,050 | 53.6724 USD | ||||
| common stock | Sale | 5,919 | 53.2380 USD | ||||
| common stock | Sale | 4,126 | 53.6304 USD | ||||
| common stock | Sale | 3,785 | 53.8713 USD | ||||
| common stock | Sale | 3,281 | 53.8407 USD | ||||
| common stock | Sale | 2,683 | 53.7375 USD | ||||
| common stock | Sale | 1,500 | 53.5900 USD | ||||
| common stock | Sale | 1,452 | 53.6386 USD | ||||
| common stock | Sale | 1,366 | 53.7063 USD | ||||
| common stock | Sale | 1,138 | 53.2898 USD | ||||
| common stock | Sale | 981 | 53.8084 USD | ||||
| common stock | Sale | 971 | 53.5065 USD | ||||
| common stock | Sale | 967 | 53.2454 USD | ||||
| common stock | Sale | 900 | 53.2295 USD | ||||
| common stock | Sale | 730 | 53.7021 USD | ||||
| common stock | Sale | 703 | 53.5293 USD | ||||
| common stock | Sale | 660 | 53.2239 USD | ||||
| common stock | Sale | 526 | 53.2317 USD | ||||
| common stock | Sale | 442 | 53.2175 USD | ||||
| common stock | Sale | 401 | 53.6978 USD | ||||
| common stock | Sale | 377 | 53.6402 USD | ||||
| common stock | Sale | 370 | 53.5044 USD | ||||
| common stock | Sale | 254 | 53.6700 USD | ||||
| common stock | Sale | 235 | 53.6571 USD | ||||
| common stock | Sale | 200 | 53.8500 USD | ||||
| common stock | Sale | 195 | 53.8493 USD | ||||
| common stock | Sale | 174 | 53.4574 USD | ||||
| common stock | Sale | 100 | 53.5666 USD | ||||
| common stock | Sale | 97 | 53.6900 USD | ||||
| common stock | Sale | 93 | 53.2171 USD | ||||
| common stock | Sale | 64 | 53.7042 USD | ||||
| common stock | Sale | 35 | 53.5271 USD | ||||
| common stock | Sale | 25 | 53.6500 USD | ||||
| common stock | Sale | 20 | 53.4900 USD | ||||
| common stock | Sale | 10 | 53.6800 USD | ||||
| common stock | Sale | 1 | 53.6950 USD | ||||
| | | | | | | | |
| (b) | Cash-settled derivative transactions | | |||||
| Class of | Product | Nature of dealing | Number of | Price per | |||
| relevant | description | | reference | unit | |||
| security | | | securities | | |||
| common stock | SWAP | Increasing Long | 9,943 | 53.2013 USD | |||
| common stock | SWAP | Opening Long | 223 | 53.8874 USD | |||
| common stock | SWAP | Decreasing Long | 111 | 53.8925 USD | |||
| | | | | | | | |
| (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? | NO | ||||||
| Date of disclosure: | 14 Jan 2025 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
| | | | | | | | |
| | | | | | | | |
| | | | | | | | |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
