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FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
INTERNATIONAL PAPER COMPANY |
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relevant securities this form relates: |
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(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: |
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(e) |
Date position held/dealing undertaken: |
15 Jan 2025 |
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(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 |
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(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 |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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623,850 |
0.18% |
648,310 |
0.19% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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525,669 |
0.15% |
13,660 |
0.00% |
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(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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1,149,519 |
0.33% |
661,970 |
0.19% |
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(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 |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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common stock |
Purchase |
118,134 |
55.5401 USD |
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common stock |
Purchase |
85,497 |
55.6215 USD |
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common stock |
Purchase |
64,909 |
55.6308 USD |
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common stock |
Purchase |
51,766 |
55.5519 USD |
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common stock |
Purchase |
49,988 |
55.5839 USD |
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common stock |
Purchase |
38,727 |
55.6600 USD |
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common stock |
Purchase |
28,055 |
55.5433 USD |
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common stock |
Purchase |
18,000 |
55.5844 USD |
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common stock |
Purchase |
16,782 |
55.5220 USD |
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common stock |
Purchase |
14,142 |
55.5561 USD |
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common stock |
Purchase |
7,114 |
55.5328 USD |
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common stock |
Purchase |
6,158 |
55.4982 USD |
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common stock |
Purchase |
4,744 |
55.5125 USD |
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common stock |
Purchase |
4,728 |
55.4603 USD |
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common stock |
Purchase |
4,655 |
55.4593 USD |
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common stock |
Purchase |
3,953 |
55.5395 USD |
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common stock |
Purchase |
3,109 |
55.7077 USD |
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common stock |
Purchase |
3,062 |
55.4817 USD |
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common stock |
Purchase |
2,237 |
55.3778 USD |
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common stock |
Purchase |
2,146 |
55.5411 USD |
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common stock |
Purchase |
1,815 |
55.7732 USD |
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common stock |
Purchase |
1,735 |
55.6599 USD |
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common stock |
Purchase |
1,614 |
55.7036 USD |
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common stock |
Purchase |
1,508 |
55.4978 USD |
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common stock |
Purchase |
1,501 |
55.6675 USD |
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common stock |
Purchase |
1,254 |
55.4064 USD |
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common stock |
Purchase |
1,100 |
55.5690 USD |
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common stock |
Purchase |
997 |
55.6139 USD |
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common stock |
Purchase |
818 |
55.6791 USD |
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common stock |
Purchase |
438 |
55.4807 USD |
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common stock |
Purchase |
400 |
55.4950 USD |
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common stock |
Purchase |
392 |
55.6837 USD |
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common stock |
Purchase |
389 |
56.0000 USD |
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common stock |
Purchase |
359 |
55.5344 USD |
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common stock |
Purchase |
314 |
55.5379 USD |
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common stock |
Purchase |
221 |
55.3830 USD |
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common stock |
Purchase |
200 |
55.3750 USD |
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common stock |
Purchase |
154 |
55.6057 USD |
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common stock |
Purchase |
153 |
55.5865 USD |
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common stock |
Purchase |
100 |
55.6900 USD |
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common stock |
Purchase |
100 |
55.3100 USD |
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common stock |
Purchase |
42 |
55.4600 USD |
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common stock |
Purchase |
3 |
55.4800 USD |
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common stock |
Purchase |
3 |
56.0550 USD |
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common stock |
Sale |
183,309 |
55.5622 USD |
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common stock |
Sale |
73,250 |
55.6064 USD |
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common stock |
Sale |
68,288 |
55.5192 USD |
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common stock |
Sale |
60,151 |
55.6600 USD |
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common stock |
Sale |
25,667 |
55.5965 USD |
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common stock |
Sale |
14,608 |
55.5183 USD |
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common stock |
Sale |
12,373 |
55.4869 USD |
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common stock |
Sale |
11,836 |
55.6001 USD |
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common stock |
Sale |
11,271 |
55.5764 USD |
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common stock |
Sale |
11,177 |
55.6304 USD |
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common stock |
Sale |
7,560 |
55.6545 USD |
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common stock |
Sale |
7,457 |
55.4906 USD |
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common stock |
Sale |
5,893 |
55.5433 USD |
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common stock |
Sale |
5,581 |
55.5397 USD |
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common stock |
Sale |
4,946 |
55.6626 USD |
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common stock |
Sale |
3,866 |
55.5118 USD |
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common stock |
Sale |
3,470 |
55.6599 USD |
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common stock |
Sale |
3,324 |
55.6422 USD |
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common stock |
Sale |
2,983 |
55.3626 USD |
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common stock |
Sale |
2,211 |
55.6309 USD |
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common stock |
Sale |
2,151 |
55.7700 USD |
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common stock |
Sale |
2,101 |
55.5250 USD |
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common stock |
Sale |
1,332 |
55.6147 USD |
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common stock |
Sale |
1,185 |
55.5265 USD |
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common stock |
Sale |
1,003 |
55.5584 USD |
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common stock |
Sale |
1,000 |
55.5470 USD |
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common stock |
Sale |
590 |
55.6349 USD |
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common stock |
Sale |
376 |
55.6584 USD |
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common stock |
Sale |
331 |
55.7742 USD |
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common stock |
Sale |
282 |
55.5228 USD |
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common stock |
Sale |
251 |
55.6700 USD |
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common stock |
Sale |
158 |
55.3516 USD |
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common stock |
Sale |
154 |
55.6057 USD |
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common stock |
Sale |
135 |
55.6014 USD |
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common stock |
Sale |
134 |
55.4612 USD |
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common stock |
Sale |
130 |
55.6011 USD |
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common stock |
Sale |
127 |
55.5495 USD |
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common stock |
Sale |
124 |
56.0000 USD |
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common stock |
Sale |
110 |
56.0963 USD |
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common stock |
Sale |
105 |
56.0500 USD |
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common stock |
Sale |
67 |
55.5200 USD |
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common stock |
Sale |
46 |
55.6410 USD |
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common stock |
Sale |
37 |
55.4700 USD |
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common stock |
Sale |
34 |
55.4087 USD |
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common stock |
Sale |
31 |
55.2800 USD |
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common stock |
Sale |
30 |
55.3200 USD |
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common stock |
Sale |
30 |
55.7487 USD |
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common stock |
Sale |
30 |
55.4283 USD |
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common stock |
Sale |
28 |
55.3600 USD |
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common stock |
Sale |
25 |
55.1000 USD |
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common stock |
Sale |
20 |
55.1125 USD |
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common stock |
Sale |
20 |
55.5600 USD |
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common stock |
Sale |
15 |
56.0200 USD |
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common stock |
Sale |
5 |
55.5700 USD |
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common stock |
Sale |
5 |
55.1200 USD |
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common stock |
Sale |
5 |
55.4400 USD |
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common stock |
Sale |
3 |
55.4800 USD |
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common stock |
Sale |
1 |
55.4500 USD |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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common stock |
SWAP |
Decreasing Long |
43 |
55.6609 USD |
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common stock |
SWAP |
Decreasing Long |
665 |
55.6610 USD |
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common stock |
SWAP |
Decreasing Long |
7,713 |
55.6625 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 |
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of |
description |
purchasing, |
of |
price |
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date |
money |
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relevant |
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selling, |
securities |
per unit |
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paid/ |
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security |
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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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security |
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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 |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(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 |
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(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 |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
16 Jan 2025 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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