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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.
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KEY
INFORMATION
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(a)
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Full name of discloser:
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Barclays PLC.
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(b)
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Owner or controller of interest and short
positions disclosed, if different from
1(a):
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(c)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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INTERNATIONAL PAPER COMPANY
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(d)
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If
an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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29
Aug 2024
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(f)
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In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
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YES:
DS SMITH PLC
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2.
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POSITIONS OF THE PERSON MAKING THE
DISCLOSURE
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(a)
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Interests and short positions in the relevant securities of
the offeror or offeree
to which the disclosure relates following the dealing(if
any)
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Class of relevant security:
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common stock
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
Relevant securities owned and/or controlled:
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812,212
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0.23%
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488,982
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0.14%
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(2)
Cash-settled derivatives:
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149,943
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0.04%
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0
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0.00%
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(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
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123,800
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0.04%
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0
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0.00%
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TOTAL:
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1,085,955
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0.31%
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488,982
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0.14%
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(b)
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Rights to subscribe for new securities (including directors
and
other executive options)
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Class of relevant security in relation to
which subscription right exists
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Details, including nature of the rights
concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE PERSON MAKING THE
DISCLOSURE
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(a)
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Purchase and sales
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Class of relevant
security
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Purchase/sale
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Number of
securities
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Price per
unit
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common
stock
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Purchase
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34,802
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48.1877 USD
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common
stock
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Purchase
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33,344
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48.1709 USD
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common
stock
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Purchase
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21,040
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48.1355 USD
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common
stock
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Purchase
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16,195
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48.1669 USD
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common
stock
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Purchase
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13,782
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48.2258 USD
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common
stock
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Purchase
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9,758
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48.1642 USD
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common
stock
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Purchase
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8,630
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48.2319 USD
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common
stock
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Purchase
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8,434
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48.2027 USD
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common
stock
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Purchase
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5,955
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48.1101 USD
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common
stock
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Purchase
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4,333
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48.1768 USD
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common
stock
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Purchase
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4,084
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48.2132 USD
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common
stock
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Purchase
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3,899
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48.1420 USD
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common
stock
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Purchase
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3,102
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47.9728 USD
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common
stock
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Purchase
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2,466
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48.1130 USD
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common
stock
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Purchase
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2,162
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48.1100 USD
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common
stock
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Purchase
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1,712
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48.3284 USD
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common
stock
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Purchase
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1,394
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48.1552 USD
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common
stock
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Purchase
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1,332
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48.2747 USD
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common
stock
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Purchase
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981
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48.1157 USD
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common
stock
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Purchase
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970
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48.1937 USD
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common
stock
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Purchase
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887
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48.2379 USD
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common
stock
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Purchase
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811
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48.2189 USD
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common
stock
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Purchase
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783
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48.1563 USD
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common
stock
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Purchase
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568
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48.1199 USD
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common
stock
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Purchase
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500
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48.2900 USD
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common
stock
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Purchase
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400
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48.2575 USD
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common
stock
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Purchase
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202
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48.1574 USD
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common
stock
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Purchase
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200
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48.1850 USD
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common
stock
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Purchase
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199
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48.1281 USD
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common
stock
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Purchase
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180
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48.1400 USD
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common
stock
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Purchase
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100
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48.1598 USD
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common
stock
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Purchase
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47
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48.1750 USD
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common
stock
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Purchase
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38
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null
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common
stock
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Purchase
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37
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48.4300 USD
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common
stock
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Purchase
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25
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48.4284 USD
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common
stock
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Purchase
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5
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48.2300 USD
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common
stock
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Purchase
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3
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47.9550 USD
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common
stock
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Purchase
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3
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48.4266 USD
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common
stock
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Sale
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74,683
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48.1736 USD
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common
stock
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Sale
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47,694
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48.2119 USD
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common
stock
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Sale
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12,139
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48.1551 USD
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common
stock
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Sale
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9,860
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48.1100 USD
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common
stock
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Sale
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6,804
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48.1101 USD
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common
stock
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Sale
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5,953
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48.2254 USD
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common
stock
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Sale
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4,363
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48.1652 USD
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common
stock
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Sale
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4,153
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48.2252 USD
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common
stock
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Sale
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2,900
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47.9600 USD
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common
stock
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Sale
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2,481
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48.1482 USD
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common
stock
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Sale
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2,466
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48.1130 USD
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common
stock
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Sale
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2,104
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48.0971 USD
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common
stock
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Sale
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1,877
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48.1698 USD
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common
stock
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Sale
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1,345
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48.1726 USD
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common
stock
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Sale
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1,169
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48.2111 USD
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common
stock
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Sale
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981
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48.1157 USD
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common
stock
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Sale
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932
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48.2243 USD
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common
stock
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Sale
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404
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48.1574 USD
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common
stock
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Sale
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382
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48.2684 USD
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common
stock
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Sale
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272
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48.1863 USD
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common
stock
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Sale
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222
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48.3017 USD
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common
stock
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Sale
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209
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48.1105 USD
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common
stock
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Sale
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151
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48.0615 USD
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common
stock
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Sale
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134
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48.1682 USD
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common
stock
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Sale
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130
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48.0453 USD
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common
stock
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Sale
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118
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48.1989 USD
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common
stock
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Sale
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100
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47.9550 USD
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common
stock
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Sale
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100
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48.1628 USD
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common
stock
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Sale
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99
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48.1501 USD
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common
stock
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Sale
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98
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48.2016 USD
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common
stock
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Sale
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91
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48.1428 USD
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common
stock
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Sale
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80
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48.1400 USD
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common
stock
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Sale
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58
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48.1300 USD
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common
stock
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Sale
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58
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48.1900 USD
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common
stock
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Sale
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47
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48.1750 USD
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common
stock
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Sale
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40
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48.0500 USD
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common
stock
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Sale
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38
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48.2400 USD
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common
stock
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Sale
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19
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48.4994 USD
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common
stock
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Sale
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5
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48.2300 USD
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common
stock
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Sale
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4
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48.1700 USD
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common
stock
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Sale
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4
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48.1500 USD
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common
stock
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Sale
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2
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48.3300 USD
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common
stock
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Sale
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1
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48.1800 USD
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
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Product
description
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Nature of
dealing
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Number of
reference
securities
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Price per
unit
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(c)
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Stock-settled derivative transactions
(including options)
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(i)
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Writing, selling, purchasing or varying
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Class
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
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Number
of
securities
to which
option
relates
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Exercise
price
per unit
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Type
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Expiry
date
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Option
money
paid/
received
per unit
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common
stock
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Call
Options
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Purchasing
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500
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53.0000 USD
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American
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18 Oct
2024
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0.4620 USD
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common
stock
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Call
Options
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Selling
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500
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48.0000 USD
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American
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18 Oct
2024
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2.2560 USD
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(ii)
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Exercising
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Class of relevant
security
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Product
description
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Exercising/ exercised
against
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Number of
securities
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Exercise price per
unit
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(d)
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Other dealings (including subscribing for
new securities)
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Class of relevant
security
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Nature of
Dealings
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Details
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Price per unit (if
applicable)
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4.
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OTHER INFORMATION
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(a)
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Indemnity and other dealings arrangements
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Details of any indemnity or option arrangement, or any
agreement or understanding,
formal or informal, relating to relevant securities which may
be an inducement to deal
or refrain from dealing entered into by the person making the
disclosure and any party
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)
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Agreements, arrangements or understandings relating to options
or
derivatives
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Details of any agreement, arrangement or understanding, formal
or informal, between
the person making the disclosure and any other person
relating to:
(i) the voting rights of any relevant securities under
any option; or
(ii) the voting rights of future acquisition or disposal of
any relevant securities to which
any derivative is referenced:
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NONE
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(c)
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Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
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YES
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Date of disclosure:
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30 Aug 2024
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Contact name:
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Large Holdings Regulatory
Operations
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Telephone number:
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020 3134
7213
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SUPPLEMENTAL FORM 8 (OPEN
POSITIONS)
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DETAILS OF OPEN OPTION AND
DERIVATIVE POSITIONS, AGREEMENTS TO
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PURCHASE OR SELL
ETC.
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Note 5(i) on Rule 8 of the
Takeover Code (the "Code")
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1. KEY INFORMATION
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Identity of the person whose positions/dealings
are being disclosed:
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Barclays PLC.
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Name of offeror/offeree in relation to whose
relevant securities this from relates:
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INTERNATIONAL PAPER CO
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2. OPTIONS AND DERIVATIVES
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Class
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
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Number
of
securities
to which
option
relates
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Exercise
price
per unit
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Type
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Expiry
date
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common
stock
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Put
Options
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Written
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123,800
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45.0000
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American
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20 Sep
2024
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3. AGREEMENTS TO PURCHASE OR SELL
ETC.
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Full details should be given so that the nature of the
interest or position can be fully understood:
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