| 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: | 26 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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| 728,430 | 0.21% | 710,229 | 0.20% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 394,860 | 0.11% | 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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| 1,123,290 | 0.32% | 737,844 | 0.21% |
| (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 | 204,147 | 33.8015 USD | ||||
| common stock | Purchase | 138,664 | 33.8013 USD | ||||
| common stock | Purchase | 129,992 | 33.7752 USD | ||||
| common stock | Purchase | 96,055 | 33.7218 USD | ||||
| common stock | Purchase | 91,416 | 33.8153 USD | ||||
| common stock | Purchase | 62,774 | 33.8639 USD | ||||
| common stock | Purchase | 54,547 | 33.7176 USD | ||||
| common stock | Purchase | 44,690 | 33.7680 USD | ||||
| common stock | Purchase | 36,810 | 33.7687 USD | ||||
| common stock | Purchase | 32,446 | 33.7347 USD | ||||
| common stock | Purchase | 32,372 | 33.7588 USD | ||||
| common stock | Purchase | 30,400 | 33.5800 USD | ||||
| common stock | Purchase | 27,907 | 33.7031 USD | ||||
| common stock | Purchase | 22,248 | 33.7594 USD | ||||
| common stock | Purchase | 21,993 | 33.8150 USD | ||||
| common stock | Purchase | 18,541 | 33.7264 USD | ||||
| common stock | Purchase | 16,065 | 33.7221 USD | ||||
| common stock | Purchase | 14,446 | 33.7970 USD | ||||
| common stock | Purchase | 11,079 | 33.8769 USD | ||||
| common stock | Purchase | 8,883 | 33.7584 USD | ||||
| common stock | Purchase | 8,801 | 33.8290 USD | ||||
| common stock | Purchase | 7,693 | 33.7043 USD | ||||
| common stock | Purchase | 6,449 | 33.6828 USD | ||||
| common stock | Purchase | 5,470 | 33.6948 USD | ||||
| common stock | Purchase | 5,309 | 33.7532 USD | ||||
| common stock | Purchase | 4,574 | 33.6956 USD | ||||
| common stock | Purchase | 4,557 | 33.7140 USD | ||||
| common stock | Purchase | 4,039 | 33.7677 USD | ||||
| common stock | Purchase | 3,311 | 33.7530 USD | ||||
| common stock | Purchase | 3,215 | 33.7474 USD | ||||
| common stock | Purchase | 2,752 | 33.6668 USD | ||||
| common stock | Purchase | 2,511 | 33.6125 USD | ||||
| common stock | Purchase | 2,476 | 33.8308 USD | ||||
| common stock | Purchase | 2,468 | 33.8517 USD | ||||
| common stock | Purchase | 2,295 | 33.7592 USD | ||||
| common stock | Purchase | 2,007 | 33.5441 USD | ||||
| common stock | Purchase | 1,739 | 33.8300 USD | ||||
| common stock | Purchase | 1,404 | 33.7802 USD | ||||
| common stock | Purchase | 1,386 | 33.7770 USD | ||||
| common stock | Purchase | 1,212 | 33.7712 USD | ||||
| common stock | Purchase | 897 | 33.7303 USD | ||||
| common stock | Purchase | 825 | 33.7986 USD | ||||
| common stock | Purchase | 638 | 33.6665 USD | ||||
| common stock | Purchase | 637 | 33.6809 USD | ||||
| common stock | Purchase | 600 | 33.5675 USD | ||||
| common stock | Purchase | 521 | 33.7960 USD | ||||
| common stock | Purchase | 440 | 33.6350 USD | ||||
| common stock | Purchase | 399 | 33.6402 USD | ||||
| common stock | Purchase | 300 | 33.7100 USD | ||||
| common stock | Purchase | 240 | 33.7041 USD | ||||
| common stock | Purchase | 220 | 33.8700 USD | ||||
| common stock | Purchase | 210 | 33.6758 USD | ||||
| common stock | Purchase | 200 | 33.6750 USD | ||||
| common stock | Purchase | 200 | 33.8250 USD | ||||
| common stock | Purchase | 181 | 33.5925 USD | ||||
| common stock | Purchase | 143 | 33.6417 USD | ||||
| common stock | Purchase | 112 | 33.6788 USD | ||||
| common stock | Purchase | 100 | 33.5700 USD | ||||
| common stock | Purchase | 100 | 33.8500 USD | ||||
| common stock | Purchase | 100 | 33.5650 USD | ||||
| common stock | Purchase | 76 | 33.5544 USD | ||||
| common stock | Purchase | 24 | 33.5562 USD | ||||
| common stock | Purchase | 1 | 33.8800 USD | ||||
| common stock | Sale | 330,000 | 33.7763 USD | ||||
| common stock | Sale | 183,650 | 33.7843 USD | ||||
| common stock | Sale | 86,289 | 33.7508 USD | ||||
| common stock | Sale | 80,699 | 33.8442 USD | ||||
| common stock | Sale | 58,212 | 33.7862 USD | ||||
| common stock | Sale | 56,233 | 33.7302 USD | ||||
| common stock | Sale | 55,042 | 33.7186 USD | ||||
| common stock | Sale | 39,060 | 33.6831 USD | ||||
| common stock | Sale | 36,930 | 33.8512 USD | ||||
| common stock | Sale | 30,000 | 33.5800 USD | ||||
| common stock | Sale | 27,172 | 33.8365 USD | ||||
| common stock | Sale | 26,027 | 33.7792 USD | ||||
| common stock | Sale | 24,206 | 33.7994 USD | ||||
| common stock | Sale | 22,014 | 33.7433 USD | ||||
| common stock | Sale | 21,993 | 33.8150 USD | ||||
| common stock | Sale | 16,346 | 33.8100 USD | ||||
| common stock | Sale | 12,296 | 33.7011 USD | ||||
| common stock | Sale | 11,800 | 33.7390 USD | ||||
| common stock | Sale | 10,003 | 33.8759 USD | ||||
| common stock | Sale | 9,646 | 33.8507 USD | ||||
| common stock | Sale | 8,405 | 33.6418 USD | ||||
| common stock | Sale | 8,018 | 33.8887 USD | ||||
| common stock | Sale | 7,205 | 33.7001 USD | ||||
| common stock | Sale | 5,922 | 33.6759 USD | ||||
| common stock | Sale | 5,742 | 33.7389 USD | ||||
| common stock | Sale | 4,929 | 33.8851 USD | ||||
| common stock | Sale | 4,811 | 33.6150 USD | ||||
| common stock | Sale | 4,474 | 33.7230 USD | ||||
| common stock | Sale | 3,676 | 33.7821 USD | ||||
| common stock | Sale | 2,588 | 33.6556 USD | ||||
| common stock | Sale | 2,543 | 33.5270 USD | ||||
| common stock | Sale | 2,491 | 33.6819 USD | ||||
| common stock | Sale | 2,040 | 33.8659 USD | ||||
| common stock | Sale | 2,015 | 33.6814 USD | ||||
| common stock | Sale | 2,007 | 33.5441 USD | ||||
| common stock | Sale | 1,770 | 33.6991 USD | ||||
| common stock | Sale | 1,770 | 33.7192 USD | ||||
| common stock | Sale | 1,550 | 33.9219 USD | ||||
| common stock | Sale | 1,516 | 33.5999 USD | ||||
| common stock | Sale | 1,473 | 33.7435 USD | ||||
| common stock | Sale | 1,422 | 33.9109 USD | ||||
| common stock | Sale | 1,386 | 33.7770 USD | ||||
| common stock | Sale | 1,252 | 33.7200 USD | ||||
| common stock | Sale | 1,248 | 33.9131 USD | ||||
| common stock | Sale | 1,213 | 33.8300 USD | ||||
| common stock | Sale | 1,179 | 33.7210 USD | ||||
| common stock | Sale | 1,000 | 33.4875 USD | ||||
| common stock | Sale | 994 | 33.8522 USD | ||||
| common stock | Sale | 992 | 33.7989 USD | ||||
| common stock | Sale | 637 | 33.6809 USD | ||||
| common stock | Sale | 500 | 33.7680 USD | ||||
| common stock | Sale | 490 | 33.7742 USD | ||||
| common stock | Sale | 488 | 33.7665 USD | ||||
| common stock | Sale | 452 | 33.8544 USD | ||||
| common stock | Sale | 400 | 33.5675 USD | ||||
| common stock | Sale | 400 | 33.7400 USD | ||||
| common stock | Sale | 400 | 33.7037 USD | ||||
| common stock | Sale | 400 | 33.5750 USD | ||||
| common stock | Sale | 400 | 33.7300 USD | ||||
| common stock | Sale | 300 | 33.5566 USD | ||||
| common stock | Sale | 300 | 33.6200 USD | ||||
| common stock | Sale | 298 | 33.8500 USD | ||||
| common stock | Sale | 277 | 33.8796 USD | ||||
| common stock | Sale | 220 | 33.8700 USD | ||||
| common stock | Sale | 220 | 33.6350 USD | ||||
| common stock | Sale | 210 | 33.6758 USD | ||||
| common stock | Sale | 210 | 33.7799 USD | ||||
| common stock | Sale | 200 | 33.8250 USD | ||||
| common stock | Sale | 200 | 33.7150 USD | ||||
| common stock | Sale | 189 | 33.8400 USD | ||||
| common stock | Sale | 168 | 33.4700 USD | ||||
| common stock | Sale | 100 | 33.7520 USD | ||||
| common stock | Sale | 52 | 33.4742 USD | ||||
| common stock | Sale | 24 | 33.5562 USD | ||||
| common stock | Sale | 16 | 33.5600 USD | ||||
| common stock | Sale | 14 | 33.9100 USD | ||||
| common stock | Sale | 10 | 33.5300 USD | ||||
| common stock | Sale | 4 | 33.8600 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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| common stock | SWAP | Increasing Long | 44,900 | 33.6911 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: | 29 Apr 2024 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
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