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: |
25 Apr 2024 |
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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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737,846 |
0.21% |
664,892 |
0.19% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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349,960 |
0.10% |
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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1,087,806 |
0.31% |
692,507 |
0.20% |
(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 |
222,737 |
33.7502 USD |
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common stock |
Purchase |
201,520 |
33.5123 USD |
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common stock |
Purchase |
200,000 |
33.8547 USD |
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common stock |
Purchase |
116,216 |
33.6720 USD |
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common stock |
Purchase |
91,848 |
33.7693 USD |
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common stock |
Purchase |
69,437 |
33.6600 USD |
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common stock |
Purchase |
52,439 |
33.5695 USD |
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common stock |
Purchase |
50,000 |
33.6760 USD |
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common stock |
Purchase |
50,000 |
34.0336 USD |
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common stock |
Purchase |
49,148 |
33.5195 USD |
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common stock |
Purchase |
31,150 |
33.6959 USD |
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common stock |
Purchase |
28,064 |
33.5200 USD |
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common stock |
Purchase |
24,641 |
33.9960 USD |
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common stock |
Purchase |
17,392 |
33.8307 USD |
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common stock |
Purchase |
17,052 |
33.7627 USD |
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common stock |
Purchase |
16,185 |
33.7221 USD |
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common stock |
Purchase |
15,292 |
33.8483 USD |
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common stock |
Purchase |
12,797 |
33.8196 USD |
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common stock |
Purchase |
10,204 |
34.0500 USD |
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common stock |
Purchase |
6,852 |
33.4418 USD |
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common stock |
Purchase |
6,186 |
33.7483 USD |
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common stock |
Purchase |
6,048 |
33.4017 USD |
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common stock |
Purchase |
5,004 |
33.5475 USD |
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common stock |
Purchase |
4,600 |
33.9821 USD |
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common stock |
Purchase |
3,504 |
33.8276 USD |
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common stock |
Purchase |
3,327 |
33.6866 USD |
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common stock |
Purchase |
3,270 |
33.6670 USD |
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common stock |
Purchase |
3,057 |
33.6871 USD |
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common stock |
Purchase |
2,894 |
33.6476 USD |
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common stock |
Purchase |
2,772 |
33.8777 USD |
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common stock |
Purchase |
2,748 |
33.8828 USD |
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common stock |
Purchase |
2,645 |
34.1355 USD |
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common stock |
Purchase |
2,174 |
33.8936 USD |
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common stock |
Purchase |
1,497 |
34.0747 USD |
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common stock |
Purchase |
1,274 |
33.9402 USD |
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common stock |
Purchase |
1,126 |
33.9816 USD |
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common stock |
Purchase |
1,058 |
33.6790 USD |
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common stock |
Purchase |
500 |
33.9800 USD |
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common stock |
Purchase |
470 |
33.9629 USD |
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common stock |
Purchase |
436 |
33.6818 USD |
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common stock |
Purchase |
420 |
33.5035 USD |
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common stock |
Purchase |
390 |
33.8841 USD |
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common stock |
Purchase |
300 |
33.7866 USD |
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common stock |
Purchase |
300 |
33.9000 USD |
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common stock |
Purchase |
300 |
33.4641 USD |
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common stock |
Purchase |
300 |
34.0733 USD |
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common stock |
Purchase |
255 |
33.9664 USD |
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common stock |
Purchase |
239 |
33.8763 USD |
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common stock |
Purchase |
204 |
33.9820 USD |
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common stock |
Purchase |
200 |
33.4362 USD |
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common stock |
Purchase |
101 |
34.0991 USD |
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common stock |
Purchase |
100 |
34.0000 USD |
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common stock |
Purchase |
65 |
33.5600 USD |
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common stock |
Purchase |
62 |
31.3000 EUR |
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common stock |
Purchase |
16 |
33.5962 USD |
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common stock |
Purchase |
1 |
33.6300 USD |
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common stock |
Sale |
252,594 |
33.5043 USD |
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common stock |
Sale |
200,000 |
33.8547 USD |
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common stock |
Sale |
109,318 |
33.7241 USD |
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common stock |
Sale |
101,507 |
33.6673 USD |
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common stock |
Sale |
71,558 |
33.7744 USD |
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common stock |
Sale |
64,524 |
33.8963 USD |
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common stock |
Sale |
40,971 |
33.8409 USD |
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common stock |
Sale |
36,643 |
33.5521 USD |
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common stock |
Sale |
34,336 |
33.7220 USD |
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common stock |
Sale |
33,894 |
33.5349 USD |
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common stock |
Sale |
28,935 |
33.5200 USD |
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common stock |
Sale |
28,229 |
33.8722 USD |
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common stock |
Sale |
25,935 |
33.5599 USD |
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common stock |
Sale |
24,690 |
33.7592 USD |
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common stock |
Sale |
24,641 |
33.9960 USD |
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common stock |
Sale |
19,207 |
33.5661 USD |
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common stock |
Sale |
17,052 |
33.7627 USD |
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common stock |
Sale |
16,602 |
33.7142 USD |
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common stock |
Sale |
15,363 |
33.7112 USD |
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common stock |
Sale |
15,292 |
33.8483 USD |
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common stock |
Sale |
13,977 |
33.5100 USD |
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common stock |
Sale |
13,584 |
33.8433 USD |
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common stock |
Sale |
13,257 |
33.9018 USD |
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common stock |
Sale |
12,815 |
33.9207 USD |
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common stock |
Sale |
12,797 |
33.8196 USD |
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common stock |
Sale |
11,798 |
33.6585 USD |
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common stock |
Sale |
8,474 |
33.9630 USD |
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common stock |
Sale |
7,200 |
33.9799 USD |
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common stock |
Sale |
7,184 |
33.9937 USD |
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common stock |
Sale |
6,130 |
33.9348 USD |
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common stock |
Sale |
5,973 |
33.8272 USD |
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common stock |
Sale |
5,690 |
33.6200 USD |
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common stock |
Sale |
5,560 |
33.7194 USD |
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common stock |
Sale |
5,000 |
34.0152 USD |
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common stock |
Sale |
4,583 |
33.6990 USD |
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common stock |
Sale |
4,042 |
33.5427 USD |
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common stock |
Sale |
3,880 |
33.9390 USD |
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common stock |
Sale |
3,671 |
34.0023 USD |
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common stock |
Sale |
3,416 |
33.6851 USD |
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common stock |
Sale |
2,900 |
33.8198 USD |
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common stock |
Sale |
2,894 |
33.6476 USD |
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common stock |
Sale |
2,809 |
33.9326 USD |
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common stock |
Sale |
2,697 |
33.6322 USD |
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common stock |
Sale |
2,645 |
34.1355 USD |
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common stock |
Sale |
2,174 |
33.8936 USD |
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common stock |
Sale |
1,768 |
33.7473 USD |
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common stock |
Sale |
1,703 |
33.5032 USD |
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common stock |
Sale |
1,419 |
33.8231 USD |
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common stock |
Sale |
1,274 |
33.9402 USD |
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common stock |
Sale |
1,235 |
33.8900 USD |
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common stock |
Sale |
1,229 |
33.6018 USD |
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common stock |
Sale |
1,153 |
33.8703 USD |
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common stock |
Sale |
1,131 |
33.8229 USD |
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common stock |
Sale |
1,066 |
34.0005 USD |
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common stock |
Sale |
1,058 |
33.6790 USD |
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common stock |
Sale |
1,025 |
33.8283 USD |
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common stock |
Sale |
1,000 |
33.6555 USD |
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common stock |
Sale |
965 |
33.9527 USD |
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common stock |
Sale |
938 |
34.0059 USD |
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common stock |
Sale |
731 |
33.5060 USD |
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common stock |
Sale |
707 |
34.0007 USD |
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common stock |
Sale |
657 |
33.9303 USD |
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common stock |
Sale |
644 |
33.5018 USD |
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common stock |
Sale |
600 |
33.8133 USD |
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common stock |
Sale |
600 |
33.7950 USD |
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common stock |
Sale |
500 |
33.7600 USD |
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common stock |
Sale |
500 |
33.3610 USD |
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common stock |
Sale |
476 |
33.5520 USD |
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common stock |
Sale |
445 |
34.0011 USD |
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common stock |
Sale |
438 |
33.5253 USD |
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common stock |
Sale |
436 |
33.6818 USD |
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common stock |
Sale |
420 |
33.5035 USD |
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common stock |
Sale |
360 |
34.0989 USD |
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common stock |
Sale |
312 |
33.4071 USD |
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common stock |
Sale |
300 |
33.6900 USD |
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common stock |
Sale |
288 |
33.5887 USD |
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common stock |
Sale |
267 |
33.4026 USD |
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common stock |
Sale |
255 |
33.9664 USD |
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common stock |
Sale |
223 |
33.3144 USD |
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common stock |
Sale |
200 |
33.4362 USD |
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common stock |
Sale |
200 |
33.5800 USD |
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common stock |
Sale |
200 |
33.5025 USD |
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common stock |
Sale |
200 |
33.6025 USD |
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common stock |
Sale |
200 |
34.0065 USD |
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common stock |
Sale |
200 |
33.9958 USD |
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common stock |
Sale |
176 |
33.5362 USD |
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common stock |
Sale |
134 |
33.8304 USD |
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common stock |
Sale |
116 |
33.2400 USD |
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common stock |
Sale |
100 |
33.8500 USD |
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common stock |
Sale |
65 |
33.5600 USD |
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common stock |
Sale |
62 |
31.3000 EUR |
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common stock |
Sale |
42 |
33.6600 USD |
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common stock |
Sale |
3 |
34.1400 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 |
Increasing Long |
10,603 |
33.8818 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 |
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date |
money |
relevant |
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selling, |
securities |
per unit |
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paid/ |
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: |
26 Apr 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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