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: |
29 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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794,348 |
0.23% |
551,810 |
0.16% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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286,010 |
0.08% |
44,055 |
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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1,080,358 |
0.31% |
595,865 |
0.17% |
(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 |
172,190 |
44.5481 USD |
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common stock |
Purchase |
127,701 |
44.4170 USD |
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common stock |
Purchase |
123,232 |
44.5405 USD |
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common stock |
Purchase |
70,280 |
44.5093 USD |
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common stock |
Purchase |
52,876 |
44.4294 USD |
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common stock |
Purchase |
48,526 |
44.4966 USD |
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common stock |
Purchase |
47,307 |
44.4995 USD |
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common stock |
Purchase |
24,838 |
44.4534 USD |
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common stock |
Purchase |
22,620 |
44.5342 USD |
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common stock |
Purchase |
20,823 |
44.6545 USD |
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common stock |
Purchase |
18,701 |
44.5082 USD |
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common stock |
Purchase |
17,138 |
44.4764 USD |
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common stock |
Purchase |
16,564 |
44.4232 USD |
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common stock |
Purchase |
16,206 |
44.4190 USD |
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common stock |
Purchase |
15,586 |
44.4585 USD |
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common stock |
Purchase |
14,325 |
44.4000 USD |
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common stock |
Purchase |
7,695 |
44.5182 USD |
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common stock |
Purchase |
7,259 |
44.4245 USD |
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common stock |
Purchase |
5,357 |
44.4912 USD |
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common stock |
Purchase |
5,038 |
44.4257 USD |
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common stock |
Purchase |
5,018 |
44.4700 USD |
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common stock |
Purchase |
5,004 |
44.5214 USD |
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common stock |
Purchase |
5,000 |
44.4979 USD |
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common stock |
Purchase |
3,578 |
44.5091 USD |
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common stock |
Purchase |
3,071 |
44.5572 USD |
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common stock |
Purchase |
3,008 |
44.5127 USD |
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common stock |
Purchase |
2,931 |
44.5470 USD |
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common stock |
Purchase |
2,275 |
44.3150 USD |
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common stock |
Purchase |
2,163 |
44.5522 USD |
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common stock |
Purchase |
2,093 |
44.5084 USD |
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common stock |
Purchase |
2,090 |
44.4161 USD |
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common stock |
Purchase |
1,800 |
44.5605 USD |
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common stock |
Purchase |
1,551 |
44.4522 USD |
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common stock |
Purchase |
1,427 |
44.5399 USD |
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common stock |
Purchase |
1,357 |
44.4952 USD |
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common stock |
Purchase |
1,084 |
44.4891 USD |
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common stock |
Purchase |
1,029 |
44.4289 USD |
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common stock |
Purchase |
844 |
44.5562 USD |
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common stock |
Purchase |
795 |
44.4894 USD |
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common stock |
Purchase |
780 |
44.5158 USD |
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common stock |
Purchase |
700 |
44.4857 USD |
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common stock |
Purchase |
669 |
44.4793 USD |
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common stock |
Purchase |
458 |
44.4431 USD |
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common stock |
Purchase |
407 |
44.5467 USD |
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common stock |
Purchase |
323 |
44.4369 USD |
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common stock |
Purchase |
300 |
44.4566 USD |
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common stock |
Purchase |
300 |
44.5166 USD |
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common stock |
Purchase |
280 |
44.6600 USD |
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common stock |
Purchase |
268 |
44.4849 USD |
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common stock |
Purchase |
236 |
44.3900 USD |
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common stock |
Purchase |
216 |
44.6450 USD |
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common stock |
Purchase |
190 |
44.5000 USD |
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common stock |
Purchase |
169 |
44.3924 USD |
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common stock |
Purchase |
157 |
44.5100 USD |
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common stock |
Purchase |
129 |
44.4848 USD |
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common stock |
Purchase |
98 |
44.2691 USD |
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common stock |
Purchase |
79 |
44.7600 USD |
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common stock |
Purchase |
79 |
44.5348 USD |
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common stock |
Purchase |
69 |
44.4900 USD |
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common stock |
Purchase |
60 |
44.4800 USD |
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common stock |
Purchase |
50 |
44.9400 USD |
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common stock |
Purchase |
28 |
44.5300 USD |
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common stock |
Purchase |
21 |
44.3800 USD |
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common stock |
Purchase |
20 |
44.5350 USD |
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common stock |
Purchase |
2 |
44.8900 USD |
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common stock |
Purchase |
1 |
44.5200 USD |
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common stock |
Sale |
344,380 |
44.5481 USD |
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common stock |
Sale |
224,930 |
44.4232 USD |
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common stock |
Sale |
45,240 |
44.5342 USD |
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common stock |
Sale |
36,508 |
44.4984 USD |
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common stock |
Sale |
29,720 |
44.5020 USD |
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common stock |
Sale |
24,903 |
44.4660 USD |
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common stock |
Sale |
21,930 |
44.4000 USD |
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common stock |
Sale |
20,782 |
44.5110 USD |
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common stock |
Sale |
11,445 |
44.4636 USD |
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common stock |
Sale |
11,006 |
44.5312 USD |
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common stock |
Sale |
10,133 |
44.4434 USD |
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common stock |
Sale |
9,915 |
44.4086 USD |
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common stock |
Sale |
9,392 |
44.5426 USD |
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common stock |
Sale |
9,233 |
44.4646 USD |
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common stock |
Sale |
8,338 |
44.4920 USD |
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common stock |
Sale |
8,182 |
44.4800 USD |
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common stock |
Sale |
7,259 |
44.4245 USD |
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common stock |
Sale |
6,684 |
44.5103 USD |
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common stock |
Sale |
6,058 |
44.4153 USD |
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common stock |
Sale |
5,764 |
44.4669 USD |
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common stock |
Sale |
5,549 |
44.4426 USD |
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common stock |
Sale |
4,206 |
44.5209 USD |
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common stock |
Sale |
3,670 |
44.4852 USD |
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common stock |
Sale |
3,495 |
44.4587 USD |
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common stock |
Sale |
3,228 |
44.5679 USD |
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common stock |
Sale |
2,900 |
44.4518 USD |
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common stock |
Sale |
2,558 |
44.4589 USD |
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common stock |
Sale |
2,210 |
44.5597 USD |
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common stock |
Sale |
2,148 |
44.5913 USD |
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common stock |
Sale |
1,619 |
44.5061 USD |
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common stock |
Sale |
1,551 |
44.4522 USD |
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common stock |
Sale |
1,364 |
44.5436 USD |
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common stock |
Sale |
1,278 |
44.4110 USD |
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common stock |
Sale |
1,002 |
44.5665 USD |
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common stock |
Sale |
968 |
44.5671 USD |
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common stock |
Sale |
900 |
44.5333 USD |
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common stock |
Sale |
891 |
44.6099 USD |
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common stock |
Sale |
841 |
44.4759 USD |
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common stock |
Sale |
795 |
44.5255 USD |
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common stock |
Sale |
790 |
44.4700 USD |
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common stock |
Sale |
723 |
44.4267 USD |
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common stock |
Sale |
666 |
44.5927 USD |
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common stock |
Sale |
595 |
44.3765 USD |
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common stock |
Sale |
489 |
44.4825 USD |
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common stock |
Sale |
441 |
44.5197 USD |
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common stock |
Sale |
402 |
44.5461 USD |
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common stock |
Sale |
347 |
44.5701 USD |
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common stock |
Sale |
300 |
44.6600 USD |
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common stock |
Sale |
300 |
44.5500 USD |
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common stock |
Sale |
300 |
44.5700 USD |
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common stock |
Sale |
300 |
44.4450 USD |
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common stock |
Sale |
237 |
44.3900 USD |
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common stock |
Sale |
206 |
44.5216 USD |
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common stock |
Sale |
205 |
44.5000 USD |
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common stock |
Sale |
205 |
44.5282 USD |
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common stock |
Sale |
200 |
44.4350 USD |
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common stock |
Sale |
200 |
44.3950 USD |
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common stock |
Sale |
200 |
44.3700 USD |
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common stock |
Sale |
200 |
44.5150 USD |
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common stock |
Sale |
200 |
44.3600 USD |
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common stock |
Sale |
125 |
44.5400 USD |
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common stock |
Sale |
110 |
44.3618 USD |
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common stock |
Sale |
100 |
44.7500 USD |
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common stock |
Sale |
100 |
44.3100 USD |
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common stock |
Sale |
100 |
44.6300 USD |
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common stock |
Sale |
98 |
44.2691 USD |
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common stock |
Sale |
60 |
44.4116 USD |
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common stock |
Sale |
50 |
44.9400 USD |
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common stock |
Sale |
33 |
44.7800 USD |
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common stock |
Sale |
31 |
44.4577 USD |
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common stock |
Sale |
20 |
44.5350 USD |
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common stock |
Sale |
12 |
44.3825 USD |
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common stock |
Sale |
11 |
44.2700 USD |
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common stock |
Sale |
2 |
44.2800 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 |
Put Options |
Selling |
1,200 |
45.0000 USD |
American |
16 Aug 2024 |
3.2000 USD |
common stock |
Put Options |
Selling |
7,000 |
43.0000 USD |
American |
16 Aug 2024 |
2.0000 USD |
common stock |
Call Options |
Selling |
2,600 |
46.0000 USD |
American |
07 Jun 2024 |
0.5576 USD |
common stock |
Call Options |
Selling |
4,000 |
45.0000 USD |
American |
07 Jun 2024 |
0.9287 USD |
common stock |
Call Options |
Selling |
7,100 |
48.0000 USD |
American |
16 Aug 2024 |
1.7500 USD |
common stock |
Put Options |
Selling |
3,600 |
48.0000 USD |
American |
16 Aug 2024 |
4.5000 USD |
common stock |
Call Options |
Selling |
7,900 |
46.0000 USD |
American |
07 Jun 2024 |
0.5955 USD |
common stock |
Call Options |
Selling |
2,800 |
47.0000 USD |
American |
07 Jun 2024 |
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: |
30 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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