27th Jan 2025 17:35
FORM 8.3 | |||||||
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY | |||||||
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR | |||||||
MORE | |||||||
Rule 8.3 of the Takeover Code (the "Code") | |||||||
1. | KEY INFORMATION | ||||||
(a) | Full name of discloser: |
| Barclays PLC. | ||||
(b) | Owner or controller of interest and short |
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| positions disclosed, if different from 1(a): | ||||||
(c) | Name of offeror/offeree in relation to whose | INTERNATIONAL PAPER COMPANY | |||||
| relevant securities this form relates: | ||||||
(d) | If an exempt fund manager connected with an |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 23 Jan 2025 | |||||
(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 | ||||||
(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 | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 734,089 | 0.21% | 614,209 | 0.18% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 515,691 | 0.15% | 20,310 | 0.01% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 35,000 | 0.01% |
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| TOTAL: |
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| 1,249,780 | 0.36% | 669,519 | 0.19% |
(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 | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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common stock | Purchase | 82,190 | 58.5690 USD | ||||
common stock | Purchase | 78,434 | 58.4860 USD | ||||
common stock | Purchase | 35,088 | 58.4644 USD | ||||
common stock | Purchase | 29,317 | 58.4442 USD | ||||
common stock | Purchase | 19,879 | 58.6000 USD | ||||
common stock | Purchase | 12,710 | 58.4902 USD | ||||
common stock | Purchase | 12,290 | 58.4504 USD | ||||
common stock | Purchase | 11,643 | 58.5663 USD | ||||
common stock | Purchase | 9,356 | 58.5925 USD | ||||
common stock | Purchase | 8,493 | 58.5284 USD | ||||
common stock | Purchase | 7,326 | 58.3462 USD | ||||
common stock | Purchase | 4,271 | 58.4394 USD | ||||
common stock | Purchase | 3,981 | 58.4637 USD | ||||
common stock | Purchase | 2,254 | 58.3482 USD | ||||
common stock | Purchase | 2,200 | 58.1836 USD | ||||
common stock | Purchase | 1,455 | 58.3415 USD | ||||
common stock | Purchase | 1,206 | 58.6047 USD | ||||
common stock | Purchase | 1,106 | 58.6060 USD | ||||
common stock | Purchase | 1,001 | 58.4007 USD | ||||
common stock | Purchase | 611 | 58.2300 USD | ||||
common stock | Purchase | 501 | 58.2936 USD | ||||
common stock | Purchase | 440 | 58.3622 USD | ||||
common stock | Purchase | 404 | 58.2289 USD | ||||
common stock | Purchase | 367 | 58.4137 USD | ||||
common stock | Purchase | 304 | 58.2319 USD | ||||
common stock | Purchase | 286 | 58.3943 USD | ||||
common stock | Purchase | 201 | 58.5564 USD | ||||
common stock | Purchase | 160 | 58.3406 USD | ||||
common stock | Purchase | 121 | 58.4200 USD | ||||
common stock | Purchase | 100 | 58.5400 USD | ||||
common stock | Purchase | 100 | 58.5900 USD | ||||
common stock | Purchase | 100 | 58.4700 USD | ||||
common stock | Purchase | 100 | 58.2200 USD | ||||
common stock | Purchase | 58 | 58.1500 USD | ||||
common stock | Purchase | 52 | 58.4993 USD | ||||
common stock | Purchase | 26 | 58.4100 USD | ||||
common stock | Purchase | 17 | 58.0600 USD | ||||
common stock | Purchase | 9 | 58.1261 USD | ||||
common stock | Purchase | 8 | 58.4500 USD | ||||
common stock | Purchase | 5 | 58.2400 USD | ||||
common stock | Sale | 125,694 | 58.5483 USD | ||||
common stock | Sale | 35,875 | 58.5525 USD | ||||
common stock | Sale | 23,516 | 58.6000 USD | ||||
common stock | Sale | 17,130 | 58.4183 USD | ||||
common stock | Sale | 17,116 | 58.2951 USD | ||||
common stock | Sale | 14,897 | 58.4010 USD | ||||
common stock | Sale | 14,414 | 58.4457 USD | ||||
common stock | Sale | 12,190 | 58.4377 USD | ||||
common stock | Sale | 11,807 | 58.4563 USD | ||||
common stock | Sale | 10,136 | 58.5920 USD | ||||
common stock | Sale | 9,559 | 58.5520 USD | ||||
common stock | Sale | 5,249 | 58.4086 USD | ||||
common stock | Sale | 5,145 | 58.4203 USD | ||||
common stock | Sale | 5,088 | 58.4815 USD | ||||
common stock | Sale | 3,390 | 58.5389 USD | ||||
common stock | Sale | 2,713 | 58.4649 USD | ||||
common stock | Sale | 2,633 | 58.4205 USD | ||||
common stock | Sale | 1,643 | 58.4914 USD | ||||
common stock | Sale | 1,206 | 58.6047 USD | ||||
common stock | Sale | 941 | 58.3382 USD | ||||
common stock | Sale | 877 | 58.4277 USD | ||||
common stock | Sale | 800 | 58.4432 USD | ||||
common stock | Sale | 783 | 58.5147 USD | ||||
common stock | Sale | 775 | 58.3979 USD | ||||
common stock | Sale | 560 | 58.3960 USD | ||||
common stock | Sale | 431 | 58.3344 USD | ||||
common stock | Sale | 404 | 58.2290 USD | ||||
common stock | Sale | 404 | 58.2289 USD | ||||
common stock | Sale | 367 | 58.4137 USD | ||||
common stock | Sale | 347 | 58.5271 USD | ||||
common stock | Sale | 251 | 58.1985 USD | ||||
common stock | Sale | 175 | 58.4700 USD | ||||
common stock | Sale | 163 | 58.1969 USD | ||||
common stock | Sale | 160 | 58.3406 USD | ||||
common stock | Sale | 120 | 58.3150 USD | ||||
common stock | Sale | 105 | 58.5550 USD | ||||
common stock | Sale | 100 | 58.1200 USD | ||||
common stock | Sale | 95 | 58.4000 USD | ||||
common stock | Sale | 82 | 58.5300 USD | ||||
common stock | Sale | 58 | 58.1500 USD | ||||
common stock | Sale | 40 | 58.2475 USD | ||||
common stock | Sale | 40 | 58.4075 USD | ||||
common stock | Sale | 34 | 58.1275 USD | ||||
common stock | Sale | 30 | 58.1383 USD | ||||
common stock | Sale | 26 | 58.4100 USD | ||||
common stock | Sale | 25 | 58.3740 USD | ||||
common stock | Sale | 23 | 58.2368 USD | ||||
common stock | Sale | 21 | 58.4200 USD | ||||
common stock | Sale | 21 | 58.2150 USD | ||||
common stock | Sale | 20 | 58.1900 USD | ||||
common stock | Sale | 15 | 58.3300 USD | ||||
common stock | Sale | 8 | 58.3750 USD | ||||
common stock | Sale | 5 | 58.0550 USD | ||||
common stock | Sale | 5 | 58.4850 USD | ||||
common stock | Sale | 5 | 57.9931 USD | ||||
common stock | Sale | 5 | 58.0400 USD | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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common stock | SWAP | Increasing Long | 122 | 58.5990 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 |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
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 | ||||
security |
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4. | OTHER INFORMATION | ||||||
(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 | |||||||
(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 | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | YES | ||||||
Date of disclosure: | 27 Jan 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO | |||||||
PURCHASE OR SELL ETC. | |||||||
Note 5(i) on Rule 8 of the Takeover Code (the "Code") | |||||||
1. | KEY INFORMATION | ||||||
Identity of the person whose positions/dealings | Barclays PLC. | ||||||
are being disclosed: | |||||||
Name of offeror/offeree in relation to whose | INTERNATIONAL PAPER COMPANY | ||||||
relevant securities this from relates: | |||||||
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2. | OPTIONS AND DERIVATIVES | ||||||
Class of relevant security | Product description | Writing, purchasing, selling, varying etc | Number of securities to which option relates | Exercise price per unit | Type | Expiry date | |
common stock | Put Options | Purchased | -35,000 | 55.0000 | American | 24 Jan 2025 | |
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3. | AGREEMENTS TO PURCHASE OR SELL ETC. | ||||||
Full details should be given so that the nature of the interest or position can be fully understood: | |||||||
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