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: |
08 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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647,700 |
0.19% |
784,004 |
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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1,112,347 |
0.32% |
884,129 |
0.25% |
(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 |
340,451 |
39.1521 USD |
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common stock |
Purchase |
92,847 |
39.0718 USD |
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common stock |
Purchase |
41,932 |
38.9033 USD |
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common stock |
Purchase |
28,789 |
38.6611 USD |
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common stock |
Purchase |
19,800 |
38.8054 USD |
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common stock |
Purchase |
17,439 |
38.9042 USD |
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common stock |
Purchase |
16,884 |
39.1096 USD |
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common stock |
Purchase |
16,471 |
38.9949 USD |
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common stock |
Purchase |
13,162 |
38.9731 USD |
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common stock |
Purchase |
12,524 |
38.9603 USD |
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common stock |
Purchase |
12,331 |
39.2800 USD |
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common stock |
Purchase |
7,814 |
38.9454 USD |
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common stock |
Purchase |
7,102 |
39.2590 USD |
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common stock |
Purchase |
6,012 |
38.8150 USD |
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common stock |
Purchase |
5,726 |
38.8253 USD |
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common stock |
Purchase |
5,071 |
39.0371 USD |
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common stock |
Purchase |
4,694 |
39.0154 USD |
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common stock |
Purchase |
3,895 |
39.0450 USD |
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common stock |
Purchase |
3,380 |
38.9339 USD |
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common stock |
Purchase |
3,193 |
39.2268 USD |
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common stock |
Purchase |
3,092 |
38.8219 USD |
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common stock |
Purchase |
2,829 |
38.8234 USD |
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common stock |
Purchase |
2,640 |
39.2155 USD |
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common stock |
Purchase |
2,599 |
38.7717 USD |
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common stock |
Purchase |
2,303 |
39.0603 USD |
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common stock |
Purchase |
1,719 |
38.7817 USD |
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common stock |
Purchase |
1,266 |
39.0994 USD |
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common stock |
Purchase |
1,024 |
39.1285 USD |
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common stock |
Purchase |
919 |
38.8351 USD |
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common stock |
Purchase |
760 |
38.8958 USD |
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common stock |
Purchase |
751 |
38.9407 USD |
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common stock |
Purchase |
519 |
39.2678 USD |
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common stock |
Purchase |
490 |
39.1036 USD |
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common stock |
Purchase |
412 |
38.7953 USD |
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common stock |
Purchase |
340 |
38.7750 USD |
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common stock |
Purchase |
315 |
39.0049 USD |
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common stock |
Purchase |
290 |
39.2362 USD |
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common stock |
Purchase |
274 |
39.1975 USD |
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common stock |
Purchase |
239 |
38.9941 USD |
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common stock |
Purchase |
200 |
38.8100 USD |
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common stock |
Purchase |
200 |
38.4200 USD |
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common stock |
Purchase |
200 |
39.1900 USD |
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common stock |
Purchase |
156 |
38.9800 USD |
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common stock |
Purchase |
137 |
38.9770 USD |
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common stock |
Purchase |
115 |
38.9560 USD |
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common stock |
Purchase |
112 |
38.7507 USD |
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common stock |
Purchase |
100 |
38.7200 USD |
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common stock |
Purchase |
100 |
38.7475 USD |
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common stock |
Purchase |
100 |
39.3200 USD |
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common stock |
Purchase |
96 |
35.3784 EUR |
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common stock |
Purchase |
78 |
38.7408 USD |
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common stock |
Purchase |
60 |
39.2100 USD |
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common stock |
Purchase |
34 |
38.7508 USD |
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common stock |
Purchase |
24 |
38.2867 USD |
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common stock |
Purchase |
20 |
38.6400 USD |
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common stock |
Purchase |
16 |
38.7700 USD |
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common stock |
Purchase |
11 |
38.9700 USD |
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common stock |
Sale |
213,451 |
39.2200 USD |
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common stock |
Sale |
159,706 |
39.0054 USD |
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common stock |
Sale |
77,771 |
39.0539 USD |
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common stock |
Sale |
33,789 |
38.7526 USD |
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common stock |
Sale |
22,827 |
39.1792 USD |
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common stock |
Sale |
21,601 |
38.4556 USD |
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common stock |
Sale |
19,800 |
38.8054 USD |
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common stock |
Sale |
18,369 |
39.2800 USD |
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common stock |
Sale |
17,595 |
39.0250 USD |
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common stock |
Sale |
15,502 |
38.7901 USD |
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common stock |
Sale |
14,119 |
38.9908 USD |
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common stock |
Sale |
13,396 |
39.2354 USD |
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common stock |
Sale |
12,679 |
38.9800 USD |
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common stock |
Sale |
11,645 |
38.9607 USD |
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common stock |
Sale |
8,206 |
39.0183 USD |
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common stock |
Sale |
7,623 |
39.2461 USD |
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common stock |
Sale |
7,287 |
38.7324 USD |
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common stock |
Sale |
6,547 |
38.9820 USD |
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common stock |
Sale |
6,524 |
38.7807 USD |
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common stock |
Sale |
6,017 |
38.9133 USD |
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common stock |
Sale |
2,800 |
38.6420 USD |
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common stock |
Sale |
2,604 |
39.1826 USD |
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common stock |
Sale |
2,115 |
39.0556 USD |
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common stock |
Sale |
1,707 |
39.0595 USD |
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common stock |
Sale |
1,443 |
38.4932 USD |
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common stock |
Sale |
1,052 |
38.8483 USD |
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common stock |
Sale |
1,041 |
38.8657 USD |
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common stock |
Sale |
722 |
38.8808 USD |
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common stock |
Sale |
680 |
38.7750 USD |
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common stock |
Sale |
639 |
38.7646 USD |
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common stock |
Sale |
615 |
39.0098 USD |
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common stock |
Sale |
597 |
39.0510 USD |
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common stock |
Sale |
519 |
39.2678 USD |
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common stock |
Sale |
412 |
38.7953 USD |
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common stock |
Sale |
405 |
38.7574 USD |
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common stock |
Sale |
315 |
39.0049 USD |
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common stock |
Sale |
290 |
38.8479 USD |
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common stock |
Sale |
274 |
39.1975 USD |
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common stock |
Sale |
239 |
38.9941 USD |
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common stock |
Sale |
230 |
38.7860 USD |
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common stock |
Sale |
200 |
38.8100 USD |
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common stock |
Sale |
200 |
38.8550 USD |
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common stock |
Sale |
100 |
38.7475 USD |
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common stock |
Sale |
100 |
38.9100 USD |
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common stock |
Sale |
96 |
35.3784 EUR |
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common stock |
Sale |
70 |
39.2313 USD |
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common stock |
Sale |
60 |
39.2100 USD |
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common stock |
Sale |
42 |
38.8066 USD |
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common stock |
Sale |
38 |
39.1800 USD |
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common stock |
Sale |
20 |
38.6400 USD |
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common stock |
Sale |
9 |
38.3100 USD |
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common stock |
Sale |
7 |
39.3000 USD |
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common stock |
Sale |
4 |
38.5200 USD |
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common stock |
Sale |
3 |
38.8300 USD |
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common stock |
Sale |
3 |
38.3500 USD |
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common stock |
Sale |
1 |
38.2600 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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(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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common stock |
Call Options |
Selling |
90,000 |
USD |
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0.5500 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: |
09 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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