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: |
09 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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655,708 |
0.19% |
813,036 |
0.23% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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429,465 |
0.12% |
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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1,085,173 |
0.31% |
913,161 |
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 |
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security |
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securities |
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common stock |
Purchase |
294,437 |
39.7900 USD |
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common stock |
Purchase |
241,756 |
39.7869 USD |
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common stock |
Purchase |
79,243 |
39.5779 USD |
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common stock |
Purchase |
78,054 |
39.6625 USD |
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common stock |
Purchase |
63,402 |
39.8154 USD |
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common stock |
Purchase |
62,352 |
39.5586 USD |
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common stock |
Purchase |
57,426 |
39.4906 USD |
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common stock |
Purchase |
46,383 |
39.7057 USD |
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common stock |
Purchase |
36,401 |
39.8347 USD |
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common stock |
Purchase |
32,828 |
39.7790 USD |
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common stock |
Purchase |
23,186 |
39.6525 USD |
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common stock |
Purchase |
21,667 |
39.6802 USD |
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common stock |
Purchase |
20,072 |
39.6707 USD |
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common stock |
Purchase |
18,042 |
39.6891 USD |
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common stock |
Purchase |
18,019 |
39.6554 USD |
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common stock |
Purchase |
16,748 |
39.7174 USD |
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common stock |
Purchase |
16,075 |
39.8390 USD |
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common stock |
Purchase |
11,615 |
39.8153 USD |
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common stock |
Purchase |
9,905 |
39.6694 USD |
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common stock |
Purchase |
9,662 |
39.6334 USD |
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common stock |
Purchase |
9,265 |
39.6940 USD |
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common stock |
Purchase |
8,433 |
39.5995 USD |
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common stock |
Purchase |
5,843 |
39.5208 USD |
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common stock |
Purchase |
5,708 |
39.5238 USD |
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common stock |
Purchase |
5,111 |
39.4711 USD |
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common stock |
Purchase |
5,000 |
39.2569 USD |
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common stock |
Purchase |
4,823 |
39.5381 USD |
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common stock |
Purchase |
4,772 |
39.7087 USD |
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common stock |
Purchase |
3,428 |
39.7215 USD |
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common stock |
Purchase |
3,074 |
39.4794 USD |
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common stock |
Purchase |
2,646 |
39.7988 USD |
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common stock |
Purchase |
2,630 |
39.7517 USD |
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common stock |
Purchase |
2,545 |
39.7819 USD |
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common stock |
Purchase |
2,514 |
39.6857 USD |
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common stock |
Purchase |
2,499 |
39.6992 USD |
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common stock |
Purchase |
2,235 |
39.7956 USD |
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common stock |
Purchase |
2,152 |
39.8357 USD |
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common stock |
Purchase |
2,114 |
39.5629 USD |
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common stock |
Purchase |
2,060 |
39.6535 USD |
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common stock |
Purchase |
1,803 |
39.7044 USD |
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common stock |
Purchase |
1,744 |
39.5810 USD |
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common stock |
Purchase |
1,597 |
39.8132 USD |
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common stock |
Purchase |
1,148 |
39.3969 USD |
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common stock |
Purchase |
925 |
39.6601 USD |
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common stock |
Purchase |
570 |
39.8400 USD |
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common stock |
Purchase |
546 |
39.8200 USD |
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common stock |
Purchase |
403 |
39.5320 USD |
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common stock |
Purchase |
400 |
39.7950 USD |
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common stock |
Purchase |
396 |
39.9400 USD |
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common stock |
Purchase |
390 |
39.7848 USD |
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common stock |
Purchase |
202 |
39.9133 USD |
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common stock |
Purchase |
200 |
39.5610 USD |
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common stock |
Purchase |
120 |
39.6000 USD |
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common stock |
Purchase |
100 |
39.4900 USD |
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common stock |
Purchase |
100 |
39.5300 USD |
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common stock |
Purchase |
100 |
39.6400 USD |
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common stock |
Purchase |
94 |
39.9700 USD |
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common stock |
Purchase |
62 |
39.8350 USD |
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common stock |
Purchase |
48 |
39.7300 USD |
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common stock |
Purchase |
24 |
40.0000 USD |
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common stock |
Purchase |
20 |
39.7000 USD |
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common stock |
Purchase |
9 |
39.6100 USD |
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common stock |
Purchase |
5 |
39.5350 USD |
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common stock |
Purchase |
5 |
39.4500 USD |
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common stock |
Purchase |
4 |
39.4700 USD |
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common stock |
Sale |
239,422 |
39.6858 USD |
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common stock |
Sale |
203,190 |
39.8131 USD |
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common stock |
Sale |
162,760 |
39.7970 USD |
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common stock |
Sale |
82,307 |
39.7894 USD |
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common stock |
Sale |
75,765 |
39.6052 USD |
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common stock |
Sale |
60,000 |
39.4633 USD |
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common stock |
Sale |
51,400 |
39.5662 USD |
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common stock |
Sale |
46,083 |
39.7048 USD |
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common stock |
Sale |
44,310 |
39.5964 USD |
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common stock |
Sale |
42,931 |
39.5752 USD |
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common stock |
Sale |
37,398 |
39.7933 USD |
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common stock |
Sale |
31,640 |
39.8125 USD |
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common stock |
Sale |
25,883 |
39.7528 USD |
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common stock |
Sale |
18,061 |
39.7779 USD |
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common stock |
Sale |
16,075 |
39.8390 USD |
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common stock |
Sale |
15,988 |
39.8399 USD |
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common stock |
Sale |
11,615 |
39.8153 USD |
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common stock |
Sale |
11,044 |
39.7313 USD |
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common stock |
Sale |
10,898 |
39.7243 USD |
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common stock |
Sale |
10,578 |
39.5207 USD |
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common stock |
Sale |
9,876 |
39.5733 USD |
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common stock |
Sale |
9,674 |
39.7420 USD |
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common stock |
Sale |
7,447 |
39.6502 USD |
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common stock |
Sale |
7,324 |
39.7502 USD |
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common stock |
Sale |
5,983 |
39.5119 USD |
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common stock |
Sale |
2,949 |
39.6049 USD |
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common stock |
Sale |
2,726 |
39.5199 USD |
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common stock |
Sale |
2,193 |
39.6533 USD |
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common stock |
Sale |
2,104 |
39.7887 USD |
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common stock |
Sale |
1,882 |
39.7273 USD |
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common stock |
Sale |
1,843 |
39.8357 USD |
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common stock |
Sale |
1,832 |
39.7895 USD |
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common stock |
Sale |
1,311 |
39.6937 USD |
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common stock |
Sale |
1,241 |
39.6419 USD |
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common stock |
Sale |
1,220 |
39.4436 USD |
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common stock |
Sale |
1,196 |
39.8044 USD |
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common stock |
Sale |
1,031 |
39.7486 USD |
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common stock |
Sale |
925 |
39.6601 USD |
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common stock |
Sale |
831 |
39.8400 USD |
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common stock |
Sale |
710 |
39.8295 USD |
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common stock |
Sale |
500 |
39.8200 USD |
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common stock |
Sale |
495 |
39.5135 USD |
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common stock |
Sale |
477 |
39.7684 USD |
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common stock |
Sale |
430 |
39.6925 USD |
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common stock |
Sale |
418 |
39.7493 USD |
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common stock |
Sale |
396 |
39.9400 USD |
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common stock |
Sale |
390 |
39.7848 USD |
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common stock |
Sale |
213 |
39.6491 USD |
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common stock |
Sale |
208 |
39.7218 USD |
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common stock |
Sale |
200 |
39.5610 USD |
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common stock |
Sale |
200 |
39.7600 USD |
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common stock |
Sale |
120 |
39.5175 USD |
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common stock |
Sale |
100 |
39.6545 USD |
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common stock |
Sale |
100 |
39.6525 USD |
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common stock |
Sale |
100 |
39.5300 USD |
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common stock |
Sale |
95 |
39.7930 USD |
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common stock |
Sale |
62 |
39.8350 USD |
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common stock |
Sale |
50 |
39.8300 USD |
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common stock |
Sale |
45 |
39.6455 USD |
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common stock |
Sale |
35 |
39.4842 USD |
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common stock |
Sale |
33 |
39.6518 USD |
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common stock |
Sale |
33 |
39.8360 USD |
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common stock |
Sale |
25 |
39.5320 USD |
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common stock |
Sale |
20 |
39.7675 USD |
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common stock |
Sale |
20 |
39.7000 USD |
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common stock |
Sale |
20 |
39.7725 USD |
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common stock |
Sale |
10 |
39.5350 USD |
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common stock |
Sale |
10 |
39.6350 USD |
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common stock |
Sale |
10 |
39.5650 USD |
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common stock |
Sale |
9 |
39.6100 USD |
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common stock |
Sale |
5 |
39.8250 USD |
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common stock |
Sale |
5 |
39.4300 USD |
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common stock |
Sale |
5 |
39.7300 USD |
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common stock |
Sale |
4 |
39.4700 USD |
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common stock |
Sale |
4 |
39.8100 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 |
100 |
USD |
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1.5500 USD |
common stock |
Call Options |
Selling |
2,000 |
USD |
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0.5125 USD |
common stock |
Call Options |
Purchasing |
6,700 |
USD |
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0.4500 USD |
common stock |
Call Options |
Selling |
5,500 |
USD |
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0.9400 USD |
common stock |
Call Options |
Selling |
5,700 |
USD |
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0.8043 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: |
10 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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