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: |
07 May 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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681,910 |
0.20% |
788,185 |
0.23% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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464,647 |
0.13% |
100,125 |
0.03% |
(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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1,146,557 |
0.33% |
888,310 |
0.26% |
(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 |
||||
security |
|
securities |
|
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common stock |
Purchase |
581,846 |
38.7929 USD |
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common stock |
Purchase |
482,188 |
38.8882 USD |
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common stock |
Purchase |
384,523 |
38.9140 USD |
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common stock |
Purchase |
265,061 |
38.8827 USD |
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common stock |
Purchase |
166,788 |
39.1124 USD |
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common stock |
Purchase |
141,797 |
39.0631 USD |
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common stock |
Purchase |
137,633 |
38.9995 USD |
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common stock |
Purchase |
128,982 |
39.0262 USD |
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common stock |
Purchase |
127,344 |
38.9374 USD |
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common stock |
Purchase |
111,482 |
39.2108 USD |
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common stock |
Purchase |
96,616 |
39.0414 USD |
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common stock |
Purchase |
87,474 |
38.7065 USD |
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common stock |
Purchase |
63,775 |
39.0988 USD |
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common stock |
Purchase |
61,868 |
38.9331 USD |
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common stock |
Purchase |
61,303 |
38.8273 USD |
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common stock |
Purchase |
53,909 |
38.8693 USD |
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common stock |
Purchase |
42,500 |
39.0565 USD |
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common stock |
Purchase |
40,186 |
39.0627 USD |
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common stock |
Purchase |
36,000 |
39.0000 USD |
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common stock |
Purchase |
27,404 |
39.0971 USD |
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common stock |
Purchase |
23,903 |
38.2904 USD |
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common stock |
Purchase |
22,500 |
39.4271 USD |
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common stock |
Purchase |
22,159 |
38.7658 USD |
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common stock |
Purchase |
18,491 |
38.8688 USD |
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common stock |
Purchase |
17,500 |
39.3742 USD |
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common stock |
Purchase |
12,934 |
39.2813 USD |
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common stock |
Purchase |
12,788 |
38.9793 USD |
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common stock |
Purchase |
11,688 |
38.8201 USD |
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common stock |
Purchase |
10,772 |
38.8400 USD |
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common stock |
Purchase |
10,391 |
38.7993 USD |
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common stock |
Purchase |
10,025 |
38.7017 USD |
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common stock |
Purchase |
10,000 |
38.4500 USD |
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common stock |
Purchase |
9,234 |
38.8429 USD |
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common stock |
Purchase |
7,440 |
38.9640 USD |
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common stock |
Purchase |
6,611 |
38.7883 USD |
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common stock |
Purchase |
6,381 |
38.5813 USD |
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common stock |
Purchase |
5,816 |
38.5864 USD |
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common stock |
Purchase |
5,146 |
39.9529 USD |
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common stock |
Purchase |
5,000 |
39.1430 USD |
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common stock |
Purchase |
4,455 |
38.8813 USD |
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common stock |
Purchase |
4,292 |
38.7903 USD |
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common stock |
Purchase |
3,800 |
38.7534 USD |
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common stock |
Purchase |
3,466 |
38.8394 USD |
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common stock |
Purchase |
2,666 |
38.9641 USD |
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common stock |
Purchase |
2,508 |
39.2007 USD |
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common stock |
Purchase |
2,500 |
38.8100 USD |
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common stock |
Purchase |
2,474 |
38.8452 USD |
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common stock |
Purchase |
2,468 |
38.8650 USD |
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common stock |
Purchase |
1,967 |
39.7401 USD |
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common stock |
Purchase |
1,924 |
38.7938 USD |
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common stock |
Purchase |
1,771 |
39.1996 USD |
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common stock |
Purchase |
1,638 |
38.8897 USD |
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common stock |
Purchase |
1,462 |
38.9611 USD |
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common stock |
Purchase |
1,400 |
38.9380 USD |
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common stock |
Purchase |
1,390 |
39.2835 USD |
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common stock |
Purchase |
1,340 |
38.6850 USD |
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common stock |
Purchase |
1,270 |
38.8783 USD |
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common stock |
Purchase |
900 |
38.8077 USD |
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common stock |
Purchase |
842 |
39.0703 USD |
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common stock |
Purchase |
800 |
38.9387 USD |
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common stock |
Purchase |
649 |
38.9885 USD |
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common stock |
Purchase |
578 |
38.4899 USD |
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common stock |
Purchase |
500 |
38.8730 USD |
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common stock |
Purchase |
407 |
38.4201 USD |
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common stock |
Purchase |
396 |
39.7159 USD |
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common stock |
Purchase |
374 |
38.1363 USD |
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common stock |
Purchase |
361 |
38.9608 USD |
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common stock |
Purchase |
300 |
39.1733 USD |
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common stock |
Purchase |
279 |
38.3453 USD |
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common stock |
Purchase |
200 |
38.8525 USD |
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common stock |
Purchase |
200 |
38.5500 USD |
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common stock |
Purchase |
200 |
38.7750 USD |
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common stock |
Purchase |
200 |
39.1500 USD |
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common stock |
Purchase |
200 |
38.7000 USD |
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common stock |
Purchase |
100 |
38.1600 USD |
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common stock |
Purchase |
100 |
38.8500 USD |
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common stock |
Purchase |
100 |
38.5000 USD |
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common stock |
Purchase |
61 |
38.9800 USD |
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common stock |
Purchase |
10 |
38.6200 USD |
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common stock |
Purchase |
4 |
39.0600 USD |
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common stock |
Sale |
469,591 |
38.6011 USD |
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common stock |
Sale |
313,299 |
39.0615 USD |
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common stock |
Sale |
235,419 |
39.1110 USD |
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common stock |
Sale |
218,866 |
38.9747 USD |
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common stock |
Sale |
207,007 |
38.8812 USD |
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common stock |
Sale |
196,581 |
38.8117 USD |
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common stock |
Sale |
195,445 |
39.2337 USD |
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common stock |
Sale |
156,254 |
38.8095 USD |
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common stock |
Sale |
143,000 |
38.8285 USD |
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common stock |
Sale |
142,383 |
38.7470 USD |
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common stock |
Sale |
129,898 |
38.8775 USD |
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common stock |
Sale |
111,782 |
39.2098 USD |
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common stock |
Sale |
89,659 |
39.2415 USD |
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common stock |
Sale |
79,455 |
38.8431 USD |
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common stock |
Sale |
66,444 |
38.9493 USD |
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common stock |
Sale |
53,229 |
39.9617 USD |
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common stock |
Sale |
51,694 |
38.6447 USD |
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common stock |
Sale |
45,161 |
38.8924 USD |
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common stock |
Sale |
36,005 |
39.0000 USD |
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common stock |
Sale |
34,516 |
39.3222 USD |
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common stock |
Sale |
33,383 |
38.8647 USD |
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common stock |
Sale |
27,225 |
38.8614 USD |
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common stock |
Sale |
23,998 |
38.9566 USD |
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common stock |
Sale |
22,500 |
39.4271 USD |
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common stock |
Sale |
20,664 |
38.2894 USD |
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common stock |
Sale |
20,043 |
38.7852 USD |
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common stock |
Sale |
20,010 |
39.6227 USD |
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common stock |
Sale |
17,299 |
39.5106 USD |
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common stock |
Sale |
17,202 |
38.8012 USD |
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common stock |
Sale |
16,649 |
39.0427 USD |
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common stock |
Sale |
16,229 |
38.6095 USD |
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common stock |
Sale |
15,922 |
39.4415 USD |
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common stock |
Sale |
15,881 |
38.8047 USD |
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common stock |
Sale |
14,396 |
39.0944 USD |
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common stock |
Sale |
12,376 |
38.4214 USD |
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common stock |
Sale |
12,364 |
38.6393 USD |
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common stock |
Sale |
12,334 |
38.8683 USD |
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common stock |
Sale |
10,904 |
38.9176 USD |
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common stock |
Sale |
10,727 |
39.2178 USD |
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common stock |
Sale |
10,025 |
38.7017 USD |
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common stock |
Sale |
10,000 |
38.4500 USD |
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common stock |
Sale |
9,001 |
38.3425 USD |
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common stock |
Sale |
7,006 |
38.8661 USD |
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common stock |
Sale |
6,826 |
39.9006 USD |
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common stock |
Sale |
6,826 |
38.9573 USD |
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common stock |
Sale |
6,603 |
38.9932 USD |
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common stock |
Sale |
6,540 |
38.8619 USD |
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common stock |
Sale |
6,381 |
39.9425 USD |
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common stock |
Sale |
6,312 |
38.8400 USD |
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common stock |
Sale |
6,198 |
39.1327 USD |
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common stock |
Sale |
5,666 |
38.9752 USD |
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common stock |
Sale |
5,264 |
38.9487 USD |
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common stock |
Sale |
5,000 |
39.1430 USD |
||||
common stock |
Sale |
4,486 |
39.2319 USD |
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common stock |
Sale |
3,800 |
38.7534 USD |
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common stock |
Sale |
3,323 |
38.3681 USD |
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common stock |
Sale |
3,296 |
38.8515 USD |
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common stock |
Sale |
3,239 |
38.2968 USD |
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common stock |
Sale |
3,206 |
39.1353 USD |
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common stock |
Sale |
3,104 |
38.8345 USD |
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common stock |
Sale |
2,913 |
38.9716 USD |
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common stock |
Sale |
2,801 |
38.9424 USD |
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common stock |
Sale |
2,800 |
38.9713 USD |
||||
common stock |
Sale |
2,693 |
38.8383 USD |
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common stock |
Sale |
2,532 |
38.9046 USD |
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common stock |
Sale |
2,500 |
38.8100 USD |
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common stock |
Sale |
2,478 |
39.1234 USD |
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common stock |
Sale |
2,422 |
38.9697 USD |
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common stock |
Sale |
2,330 |
38.3129 USD |
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common stock |
Sale |
2,059 |
39.0354 USD |
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common stock |
Sale |
1,842 |
39.6242 USD |
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common stock |
Sale |
1,605 |
38.7307 USD |
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common stock |
Sale |
1,531 |
38.9317 USD |
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common stock |
Sale |
1,400 |
38.9380 USD |
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common stock |
Sale |
1,270 |
38.8783 USD |
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common stock |
Sale |
1,253 |
39.5323 USD |
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common stock |
Sale |
1,205 |
38.2700 USD |
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common stock |
Sale |
1,000 |
39.6250 USD |
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common stock |
Sale |
953 |
38.9032 USD |
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common stock |
Sale |
842 |
39.0703 USD |
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common stock |
Sale |
800 |
39.0087 USD |
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common stock |
Sale |
713 |
38.9171 USD |
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common stock |
Sale |
701 |
38.8975 USD |
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common stock |
Sale |
614 |
39.0378 USD |
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common stock |
Sale |
590 |
39.6232 USD |
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common stock |
Sale |
558 |
39.6267 USD |
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common stock |
Sale |
500 |
38.8730 USD |
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common stock |
Sale |
400 |
38.9725 USD |
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common stock |
Sale |
400 |
39.4875 USD |
||||
common stock |
Sale |
400 |
39.6850 USD |
||||
common stock |
Sale |
400 |
39.6275 USD |
||||
common stock |
Sale |
374 |
39.7578 USD |
||||
common stock |
Sale |
361 |
38.9608 USD |
||||
common stock |
Sale |
301 |
38.5509 USD |
||||
common stock |
Sale |
300 |
39.4466 USD |
||||
common stock |
Sale |
300 |
39.6150 USD |
||||
common stock |
Sale |
265 |
38.8899 USD |
||||
common stock |
Sale |
263 |
38.9128 USD |
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common stock |
Sale |
249 |
39.0500 USD |
||||
common stock |
Sale |
246 |
39.1504 USD |
||||
common stock |
Sale |
200 |
38.2550 USD |
||||
common stock |
Sale |
200 |
38.7000 USD |
||||
common stock |
Sale |
200 |
39.6300 USD |
||||
common stock |
Sale |
200 |
38.5500 USD |
||||
common stock |
Sale |
152 |
38.7680 USD |
||||
common stock |
Sale |
132 |
38.6924 USD |
||||
common stock |
Sale |
129 |
39.3213 USD |
||||
common stock |
Sale |
100 |
38.3800 USD |
||||
common stock |
Sale |
100 |
39.6450 USD |
||||
common stock |
Sale |
100 |
40.0100 USD |
||||
common stock |
Sale |
100 |
38.8300 USD |
||||
common stock |
Sale |
100 |
38.5000 USD |
||||
common stock |
Sale |
100 |
39.0200 USD |
||||
common stock |
Sale |
100 |
39.8700 USD |
||||
common stock |
Sale |
98 |
38.7146 USD |
||||
common stock |
Sale |
95 |
38.7536 USD |
||||
common stock |
Sale |
81 |
38.8700 USD |
||||
common stock |
Sale |
61 |
38.7100 USD |
||||
common stock |
Sale |
50 |
36.9300 USD |
||||
common stock |
Sale |
22 |
39.0037 USD |
||||
common stock |
Sale |
20 |
38.8875 USD |
||||
common stock |
Sale |
18 |
39.3900 USD |
||||
common stock |
Sale |
15 |
38.9150 USD |
||||
common stock |
Sale |
10 |
38.9300 USD |
||||
common stock |
Sale |
8 |
38.8487 USD |
||||
common stock |
Sale |
5 |
38.8450 USD |
||||
common stock |
Sale |
5 |
38.6200 USD |
||||
common stock |
Sale |
4 |
39.0600 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 |
1,222 |
38.2441 USD |
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common stock |
SWAP |
Increasing Long |
3,067 |
38.5242 USD |
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common stock |
SWAP |
Increasing Long |
3,068 |
39.0164 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 |
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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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common stock |
Call Options |
Selling |
200,000 |
USD |
|
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0.4500 USD |
common stock |
Call Options |
Selling |
1,000 |
USD |
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0.3500 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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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: |
08 May 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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