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: |
20 Dec 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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836,863 |
0.24% |
1,020,064 |
0.29% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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536,518 |
0.15% |
13,660 |
0.00% |
(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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1,373,381 |
0.40% |
1,033,724 |
0.30% |
(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 |
251,401 |
54.3828 USD |
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common stock |
Purchase |
95,067 |
54.2321 USD |
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common stock |
Purchase |
75,413 |
54.4500 USD |
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common stock |
Purchase |
71,328 |
54.2302 USD |
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common stock |
Purchase |
66,333 |
54.1452 USD |
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common stock |
Purchase |
59,849 |
54.2308 USD |
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common stock |
Purchase |
43,133 |
54.1478 USD |
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common stock |
Purchase |
40,956 |
54.4429 USD |
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common stock |
Purchase |
28,990 |
54.1395 USD |
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common stock |
Purchase |
28,080 |
54.1754 USD |
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common stock |
Purchase |
26,009 |
54.4499 USD |
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common stock |
Purchase |
25,693 |
53.9331 USD |
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common stock |
Purchase |
17,871 |
54.1414 USD |
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common stock |
Purchase |
13,996 |
54.2370 USD |
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common stock |
Purchase |
12,242 |
54.1866 USD |
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common stock |
Purchase |
11,347 |
54.1344 USD |
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common stock |
Purchase |
10,663 |
54.1693 USD |
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common stock |
Purchase |
10,612 |
54.3791 USD |
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common stock |
Purchase |
8,278 |
54.1472 USD |
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common stock |
Purchase |
8,182 |
54.1191 USD |
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common stock |
Purchase |
7,170 |
54.4505 USD |
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common stock |
Purchase |
6,913 |
54.2116 USD |
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common stock |
Purchase |
6,022 |
53.8498 USD |
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common stock |
Purchase |
5,621 |
54.1831 USD |
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common stock |
Purchase |
5,151 |
54.4337 USD |
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common stock |
Purchase |
4,956 |
54.1118 USD |
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common stock |
Purchase |
3,116 |
54.1325 USD |
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common stock |
Purchase |
3,092 |
54.1972 USD |
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common stock |
Purchase |
2,914 |
54.4495 USD |
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common stock |
Purchase |
2,679 |
54.1954 USD |
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common stock |
Purchase |
2,421 |
54.0487 USD |
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common stock |
Purchase |
2,067 |
54.2231 USD |
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common stock |
Purchase |
2,026 |
54.1787 USD |
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common stock |
Purchase |
2,000 |
54.3115 USD |
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common stock |
Purchase |
1,822 |
54.0466 USD |
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common stock |
Purchase |
1,769 |
54.0778 USD |
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common stock |
Purchase |
1,697 |
54.0920 USD |
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common stock |
Purchase |
1,500 |
54.3070 USD |
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common stock |
Purchase |
1,250 |
54.1040 USD |
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common stock |
Purchase |
1,100 |
54.2090 USD |
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common stock |
Purchase |
1,067 |
54.1350 USD |
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common stock |
Purchase |
1,000 |
54.2120 USD |
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common stock |
Purchase |
902 |
54.2857 USD |
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common stock |
Purchase |
900 |
54.1555 USD |
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common stock |
Purchase |
900 |
54.1500 USD |
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common stock |
Purchase |
841 |
54.2098 USD |
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common stock |
Purchase |
800 |
54.2552 USD |
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common stock |
Purchase |
800 |
54.2450 USD |
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common stock |
Purchase |
669 |
54.2866 USD |
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common stock |
Purchase |
633 |
54.2223 USD |
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common stock |
Purchase |
590 |
54.3088 USD |
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common stock |
Purchase |
500 |
54.3000 USD |
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common stock |
Purchase |
405 |
54.2772 USD |
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common stock |
Purchase |
361 |
54.1271 USD |
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common stock |
Purchase |
343 |
54.0593 USD |
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common stock |
Purchase |
332 |
54.2612 USD |
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common stock |
Purchase |
328 |
54.0834 USD |
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common stock |
Purchase |
318 |
54.2250 USD |
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common stock |
Purchase |
309 |
54.2465 USD |
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common stock |
Purchase |
308 |
54.2810 USD |
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common stock |
Purchase |
300 |
53.9433 USD |
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common stock |
Purchase |
297 |
54.3100 USD |
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common stock |
Purchase |
297 |
53.9272 USD |
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common stock |
Purchase |
296 |
54.2700 USD |
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common stock |
Purchase |
249 |
54.2097 USD |
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common stock |
Purchase |
200 |
54.3200 USD |
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common stock |
Purchase |
200 |
54.2600 USD |
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common stock |
Purchase |
150 |
54.1700 USD |
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common stock |
Purchase |
100 |
54.2300 USD |
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common stock |
Purchase |
100 |
54.2850 USD |
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common stock |
Purchase |
92 |
54.0186 USD |
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common stock |
Purchase |
90 |
53.9850 USD |
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common stock |
Purchase |
78 |
54.4200 USD |
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common stock |
Purchase |
72 |
54.1463 USD |
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common stock |
Purchase |
51 |
51.9200 EUR |
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common stock |
Purchase |
38 |
54.1672 USD |
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common stock |
Purchase |
35 |
54.1614 USD |
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common stock |
Purchase |
25 |
53.9428 USD |
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common stock |
Purchase |
10 |
54.1450 USD |
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common stock |
Purchase |
8 |
54.1900 USD |
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common stock |
Sale |
209,791 |
54.4500 USD |
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common stock |
Sale |
97,179 |
54.2368 USD |
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common stock |
Sale |
94,030 |
54.2331 USD |
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common stock |
Sale |
80,145 |
54.1932 USD |
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common stock |
Sale |
67,975 |
54.1849 USD |
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common stock |
Sale |
54,039 |
54.2531 USD |
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common stock |
Sale |
52,707 |
54.1743 USD |
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common stock |
Sale |
51,876 |
54.4466 USD |
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common stock |
Sale |
44,491 |
54.1255 USD |
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common stock |
Sale |
35,820 |
54.4210 USD |
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common stock |
Sale |
25,693 |
53.9331 USD |
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common stock |
Sale |
22,923 |
53.8706 USD |
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common stock |
Sale |
22,897 |
53.8685 USD |
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common stock |
Sale |
18,250 |
54.1139 USD |
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common stock |
Sale |
18,000 |
54.2357 USD |
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common stock |
Sale |
14,230 |
54.1853 USD |
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common stock |
Sale |
11,417 |
54.1032 USD |
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common stock |
Sale |
10,883 |
54.1552 USD |
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common stock |
Sale |
6,362 |
54.3970 USD |
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common stock |
Sale |
4,396 |
54.0147 USD |
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common stock |
Sale |
3,810 |
54.1231 USD |
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common stock |
Sale |
3,585 |
54.4505 USD |
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common stock |
Sale |
3,096 |
54.3090 USD |
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common stock |
Sale |
2,914 |
54.4495 USD |
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common stock |
Sale |
2,797 |
54.2819 USD |
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common stock |
Sale |
2,439 |
54.2584 USD |
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common stock |
Sale |
1,945 |
53.9020 USD |
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common stock |
Sale |
1,680 |
54.0830 USD |
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common stock |
Sale |
1,625 |
54.2187 USD |
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common stock |
Sale |
1,526 |
54.1449 USD |
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common stock |
Sale |
1,409 |
54.2390 USD |
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common stock |
Sale |
1,040 |
54.1866 USD |
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common stock |
Sale |
947 |
54.0662 USD |
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common stock |
Sale |
935 |
54.2030 USD |
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common stock |
Sale |
901 |
54.1801 USD |
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common stock |
Sale |
877 |
54.3607 USD |
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common stock |
Sale |
802 |
54.3137 USD |
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common stock |
Sale |
669 |
54.2866 USD |
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common stock |
Sale |
576 |
54.2361 USD |
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common stock |
Sale |
551 |
54.2252 USD |
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common stock |
Sale |
530 |
54.3505 USD |
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common stock |
Sale |
500 |
54.2820 USD |
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common stock |
Sale |
500 |
54.3000 USD |
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common stock |
Sale |
425 |
53.9788 USD |
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common stock |
Sale |
383 |
54.2854 USD |
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common stock |
Sale |
360 |
54.1445 USD |
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common stock |
Sale |
325 |
54.2401 USD |
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common stock |
Sale |
318 |
54.2546 USD |
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common stock |
Sale |
286 |
54.1861 USD |
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common stock |
Sale |
245 |
54.2417 USD |
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common stock |
Sale |
230 |
54.2144 USD |
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common stock |
Sale |
200 |
54.2350 USD |
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common stock |
Sale |
200 |
54.2995 USD |
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common stock |
Sale |
179 |
54.1775 USD |
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common stock |
Sale |
164 |
54.2800 USD |
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common stock |
Sale |
151 |
53.8729 USD |
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common stock |
Sale |
130 |
54.0946 USD |
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common stock |
Sale |
130 |
54.1946 USD |
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common stock |
Sale |
121 |
54.1800 USD |
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common stock |
Sale |
121 |
53.9204 USD |
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common stock |
Sale |
110 |
54.0154 USD |
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common stock |
Sale |
108 |
53.8170 USD |
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common stock |
Sale |
100 |
54.2200 USD |
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common stock |
Sale |
100 |
53.9550 USD |
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common stock |
Sale |
100 |
54.0950 USD |
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common stock |
Sale |
100 |
54.3200 USD |
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common stock |
Sale |
96 |
54.2700 USD |
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common stock |
Sale |
85 |
54.2372 USD |
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common stock |
Sale |
68 |
54.1761 USD |
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common stock |
Sale |
51 |
51.9200 EUR |
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common stock |
Sale |
50 |
54.0750 USD |
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common stock |
Sale |
47 |
54.0900 USD |
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common stock |
Sale |
45 |
53.9300 USD |
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common stock |
Sale |
45 |
54.1224 USD |
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common stock |
Sale |
45 |
53.9850 USD |
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common stock |
Sale |
40 |
54.1310 USD |
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common stock |
Sale |
36 |
54.1122 USD |
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common stock |
Sale |
35 |
54.1442 USD |
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common stock |
Sale |
21 |
54.1200 USD |
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common stock |
Sale |
20 |
53.8525 USD |
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common stock |
Sale |
20 |
54.0225 USD |
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common stock |
Sale |
11 |
53.8394 USD |
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common stock |
Sale |
10 |
54.1450 USD |
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common stock |
Sale |
9 |
53.8700 USD |
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common stock |
Sale |
5 |
54.3100 USD |
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common stock |
Sale |
4 |
54.3900 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 |
Decreasing Long |
255 |
54.4525 USD |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
of |
description |
purchasing, |
of |
price |
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date |
money |
relevant |
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selling, |
securities |
per unit |
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paid/ |
security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
23 Dec 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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