| 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 CO | |||||
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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: | 22 Apr 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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| 712,864 | 0.21% | 640,543 | 0.18% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 301,257 | 0.09% | 27,615 | 0.01% |
| (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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| 1,014,121 | 0.29% | 668,158 | 0.19% |
| (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 | 356,339 | 34.7644 USD | ||||
| common stock | Purchase | 204,803 | 34.7598 USD | ||||
| common stock | Purchase | 86,179 | 34.7507 USD | ||||
| common stock | Purchase | 61,743 | 34.7958 USD | ||||
| common stock | Purchase | 59,613 | 34.7450 USD | ||||
| common stock | Purchase | 36,831 | 34.7600 USD | ||||
| common stock | Purchase | 30,683 | 34.7847 USD | ||||
| common stock | Purchase | 23,768 | 34.8700 USD | ||||
| common stock | Purchase | 19,148 | 34.7254 USD | ||||
| common stock | Purchase | 16,302 | 34.7379 USD | ||||
| common stock | Purchase | 15,971 | 34.8114 USD | ||||
| common stock | Purchase | 15,857 | 34.7660 USD | ||||
| common stock | Purchase | 15,461 | 34.7128 USD | ||||
| common stock | Purchase | 13,396 | 34.7976 USD | ||||
| common stock | Purchase | 10,755 | 34.7374 USD | ||||
| common stock | Purchase | 8,924 | 34.7659 USD | ||||
| common stock | Purchase | 4,977 | 34.7395 USD | ||||
| common stock | Purchase | 3,800 | 34.7098 USD | ||||
| common stock | Purchase | 3,311 | 34.7371 USD | ||||
| common stock | Purchase | 2,793 | 34.7443 USD | ||||
| common stock | Purchase | 2,418 | 34.8113 USD | ||||
| common stock | Purchase | 2,018 | 34.7004 USD | ||||
| common stock | Purchase | 1,757 | 34.6857 USD | ||||
| common stock | Purchase | 1,663 | 34.7739 USD | ||||
| common stock | Purchase | 1,351 | 34.7110 USD | ||||
| common stock | Purchase | 1,298 | 34.7672 USD | ||||
| common stock | Purchase | 1,169 | 34.7032 USD | ||||
| common stock | Purchase | 1,068 | 34.7346 USD | ||||
| common stock | Purchase | 1,000 | 34.9060 USD | ||||
| common stock | Purchase | 911 | 34.7800 USD | ||||
| common stock | Purchase | 729 | 34.7743 USD | ||||
| common stock | Purchase | 720 | 34.5850 USD | ||||
| common stock | Purchase | 680 | 34.6940 USD | ||||
| common stock | Purchase | 550 | 34.7740 USD | ||||
| common stock | Purchase | 491 | 34.7335 USD | ||||
| common stock | Purchase | 484 | 34.7352 USD | ||||
| common stock | Purchase | 300 | 34.7100 USD | ||||
| common stock | Purchase | 258 | 34.6300 USD | ||||
| common stock | Purchase | 138 | 34.7531 USD | ||||
| common stock | Purchase | 100 | 34.6700 USD | ||||
| common stock | Purchase | 100 | 34.7500 USD | ||||
| common stock | Purchase | 100 | 34.9200 USD | ||||
| common stock | Purchase | 100 | 34.7200 USD | ||||
| common stock | Purchase | 91 | 34.6600 USD | ||||
| common stock | Purchase | 18 | 34.8200 USD | ||||
| common stock | Purchase | 1 | 34.7700 USD | ||||
| common stock | Sale | 299,429 | 34.7539 USD | ||||
| common stock | Sale | 175,845 | 34.7630 USD | ||||
| common stock | Sale | 98,317 | 34.7530 USD | ||||
| common stock | Sale | 92,755 | 34.7659 USD | ||||
| common stock | Sale | 39,089 | 34.7537 USD | ||||
| common stock | Sale | 37,705 | 34.8117 USD | ||||
| common stock | Sale | 28,840 | 34.7381 USD | ||||
| common stock | Sale | 24,547 | 34.7600 USD | ||||
| common stock | Sale | 16,634 | 34.7611 USD | ||||
| common stock | Sale | 15,894 | 34.7911 USD | ||||
| common stock | Sale | 15,461 | 34.7128 USD | ||||
| common stock | Sale | 13,861 | 34.7912 USD | ||||
| common stock | Sale | 10,562 | 34.9137 USD | ||||
| common stock | Sale | 10,155 | 34.7327 USD | ||||
| common stock | Sale | 9,028 | 34.7781 USD | ||||
| common stock | Sale | 7,459 | 34.7692 USD | ||||
| common stock | Sale | 7,335 | 34.7918 USD | ||||
| common stock | Sale | 6,796 | 34.8042 USD | ||||
| common stock | Sale | 6,403 | 35.0642 USD | ||||
| common stock | Sale | 6,165 | 34.7581 USD | ||||
| common stock | Sale | 5,368 | 34.8202 USD | ||||
| common stock | Sale | 5,136 | 34.7710 USD | ||||
| common stock | Sale | 5,000 | 34.8327 USD | ||||
| common stock | Sale | 4,666 | 34.7175 USD | ||||
| common stock | Sale | 4,626 | 34.7355 USD | ||||
| common stock | Sale | 4,443 | 34.8080 USD | ||||
| common stock | Sale | 4,074 | 34.7612 USD | ||||
| common stock | Sale | 4,063 | 34.7760 USD | ||||
| common stock | Sale | 3,916 | 34.6895 USD | ||||
| common stock | Sale | 3,854 | 34.7180 USD | ||||
| common stock | Sale | 3,800 | 34.7098 USD | ||||
| common stock | Sale | 3,411 | 34.7926 USD | ||||
| common stock | Sale | 3,188 | 34.7162 USD | ||||
| common stock | Sale | 2,857 | 34.8038 USD | ||||
| common stock | Sale | 2,743 | 34.7762 USD | ||||
| common stock | Sale | 2,600 | 34.7311 USD | ||||
| common stock | Sale | 2,452 | 34.7608 USD | ||||
| common stock | Sale | 1,773 | 34.7674 USD | ||||
| common stock | Sale | 1,500 | 34.7380 USD | ||||
| common stock | Sale | 1,399 | 34.7543 USD | ||||
| common stock | Sale | 1,351 | 34.7110 USD | ||||
| common stock | Sale | 1,169 | 34.7032 USD | ||||
| common stock | Sale | 1,142 | 34.7234 USD | ||||
| common stock | Sale | 1,001 | 34.7459 USD | ||||
| common stock | Sale | 959 | 34.7210 USD | ||||
| common stock | Sale | 918 | 34.7000 USD | ||||
| common stock | Sale | 829 | 34.7638 USD | ||||
| common stock | Sale | 822 | 34.7441 USD | ||||
| common stock | Sale | 811 | 34.7800 USD | ||||
| common stock | Sale | 729 | 34.7743 USD | ||||
| common stock | Sale | 711 | 34.7592 USD | ||||
| common stock | Sale | 701 | 34.6600 USD | ||||
| common stock | Sale | 600 | 34.7650 USD | ||||
| common stock | Sale | 600 | 34.7733 USD | ||||
| common stock | Sale | 600 | 34.7516 USD | ||||
| common stock | Sale | 550 | 34.7740 USD | ||||
| common stock | Sale | 549 | 34.7499 USD | ||||
| common stock | Sale | 491 | 34.7335 USD | ||||
| common stock | Sale | 484 | 34.7352 USD | ||||
| common stock | Sale | 474 | 34.7358 USD | ||||
| common stock | Sale | 412 | 34.7571 USD | ||||
| common stock | Sale | 402 | 34.7134 USD | ||||
| common stock | Sale | 360 | 34.5850 USD | ||||
| common stock | Sale | 300 | 34.6783 USD | ||||
| common stock | Sale | 258 | 34.6300 USD | ||||
| common stock | Sale | 256 | 34.7806 USD | ||||
| common stock | Sale | 207 | 34.7274 USD | ||||
| common stock | Sale | 206 | 34.6704 USD | ||||
| common stock | Sale | 203 | 34.6598 USD | ||||
| common stock | Sale | 200 | 34.6950 USD | ||||
| common stock | Sale | 200 | 34.9850 USD | ||||
| common stock | Sale | 154 | 34.6711 USD | ||||
| common stock | Sale | 100 | 35.0200 USD | ||||
| common stock | Sale | 100 | 34.9300 USD | ||||
| common stock | Sale | 100 | 34.9200 USD | ||||
| common stock | Sale | 100 | 34.7300 USD | ||||
| common stock | Sale | 56 | 34.8812 USD | ||||
| common stock | Sale | 13 | 34.7376 USD | ||||
| common stock | Sale | 4 | 34.9550 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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| common stock | Call Options | Selling | 3,700 | USD |
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| 0.4891 USD |
| common stock | Put Options | Selling | 800 | 35.0000 USD | American | 26 Apr 2024 | 0.8500 USD |
| common stock | Call Options | Selling | 8,800 | USD |
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| 0.7073 USD |
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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: | 23 Apr 2024 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
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