14th Aug 2024 15:26
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 | ||||||
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 | ||||||
offeror/offeree, state this and specify identity of | |||||||
offeror/offeree: | |||||||
(e) | Date position held/dealing undertaken: | 13 Aug 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: | |||||
disclosures in respect of any other party to the offer? | DS SMITH PLC | ||||||
2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree | ||||||
to which the disclosure relates following the dealing(if any) | |||||||
Class of relevant security: | common stock | ||||||
Interests | Short Positions | ||||||
Number | (%) | Number | (%) | ||||
(1) | Relevant securities owned | ||||||
and/or controlled: | 800,407 | 0.23% | 470,966 | 0.14% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 168,662 | 0.05% | 0 | 0.00% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 123,800 | 0.04% | 113,300 | 0.03% | |||
TOTAL: | 1,092,869 | 0.31% | 584,266 | 0.17% | |||
(b) | Rights to subscribe for new securities (including directors and other executive | ||||||
options) | |||||||
Class of relevant security in relation to | |||||||
which subscription right exists | |||||||
Details, including nature of the rights | |||||||
concerned and relevant percentages: | |||||||
3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales | ||||||
Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security | securities | ||||||
common stock | Purchase | 133,452 | 45.1481 USD | ||||
common stock | Purchase | 59,760 | 45.2109 USD | ||||
common stock | Purchase | 35,516 | 45.2227 USD | ||||
common stock | Purchase | 30,668 | 44.8488 USD | ||||
common stock | Purchase | 19,832 | 44.9064 USD | ||||
common stock | Purchase | 14,373 | 44.7223 USD | ||||
common stock | Purchase | 12,857 | 45.0245 USD | ||||
common stock | Purchase | 10,444 | 44.7984 USD | ||||
common stock | Purchase | 9,300 | 45.3000 USD | ||||
common stock | Purchase | 6,111 | 44.8876 USD | ||||
common stock | Purchase | 5,284 | 45.1868 USD | ||||
common stock | Purchase | 4,650 | 44.7520 USD | ||||
common stock | Purchase | 4,638 | 45.0627 USD | ||||
common stock | Purchase | 4,531 | 45.0279 USD | ||||
common stock | Purchase | 3,528 | 44.8611 USD | ||||
common stock | Purchase | 3,238 | 44.9113 USD | ||||
common stock | Purchase | 2,157 | 45.0026 USD | ||||
common stock | Purchase | 2,006 | 44.9068 USD | ||||
common stock | Purchase | 1,622 | 44.8453 USD | ||||
common stock | Purchase | 1,574 | 45.2904 USD | ||||
common stock | Purchase | 1,347 | 44.8013 USD | ||||
common stock | Purchase | 1,333 | 44.7885 USD | ||||
common stock | Purchase | 1,294 | 44.8975 USD | ||||
common stock | Purchase | 1,156 | 44.6579 USD | ||||
common stock | Purchase | 1,032 | 44.7579 USD | ||||
common stock | Purchase | 968 | 44.8352 USD | ||||
common stock | Purchase | 900 | 45.0186 USD | ||||
common stock | Purchase | 470 | 44.9662 USD | ||||
common stock | Purchase | 403 | 44.8736 USD | ||||
common stock | Purchase | 359 | 45.1139 USD | ||||
common stock | Purchase | 301 | 44.8282 USD | ||||
common stock | Purchase | 300 | 44.8866 USD | ||||
common stock | Purchase | 280 | 44.7750 USD | ||||
common stock | Purchase | 270 | 45.1079 USD | ||||
common stock | Purchase | 100 | 44.5400 USD | ||||
common stock | Purchase | 100 | 44.6400 USD | ||||
common stock | Purchase | 100 | 44.9400 USD | ||||
common stock | Purchase | 95 | 44.9000 USD | ||||
common stock | Purchase | 62 | 44.8900 USD | ||||
common stock | Purchase | 47 | 44.9140 USD | ||||
common stock | Purchase | 20 | 45.2300 USD | ||||
common stock | Purchase | 2 | 45.1500 USD | ||||
common stock | Sale | 62,728 | 45.1917 USD | ||||
common stock | Sale | 57,490 | 45.0823 USD | ||||
common stock | Sale | 54,527 | 45.1929 USD | ||||
common stock | Sale | 30,668 | 44.8488 USD | ||||
common stock | Sale | 28,716 | 45.2289 USD | ||||
common stock | Sale | 18,327 | 44.8985 USD | ||||
common stock | Sale | 14,373 | 44.7223 USD | ||||
common stock | Sale | 13,033 | 45.0256 USD | ||||
common stock | Sale | 9,554 | 45.2369 USD | ||||
common stock | Sale | 9,300 | 45.3000 USD | ||||
common stock | Sale | 8,913 | 44.6703 USD | ||||
common stock | Sale | 8,278 | 45.1824 USD | ||||
common stock | Sale | 7,442 | 44.8775 USD | ||||
common stock | Sale | 6,968 | 45.2086 USD | ||||
common stock | Sale | 3,901 | 45.0074 USD | ||||
common stock | Sale | 3,595 | 45.0248 USD | ||||
common stock | Sale | 3,383 | 44.7897 USD | ||||
common stock | Sale | 3,071 | 45.2620 USD | ||||
common stock | Sale | 3,062 | 44.6619 USD | ||||
common stock | Sale | 2,173 | 45.1406 USD | ||||
common stock | Sale | 1,937 | 45.1764 USD | ||||
common stock | Sale | 1,871 | 45.2300 USD | ||||
common stock | Sale | 1,574 | 45.2904 USD | ||||
common stock | Sale | 1,365 | 45.2910 USD | ||||
common stock | Sale | 968 | 44.8352 USD | ||||
common stock | Sale | 900 | 45.0186 USD | ||||
common stock | Sale | 790 | 45.1483 USD | ||||
common stock | Sale | 637 | 44.9593 USD | ||||
common stock | Sale | 402 | 44.9293 USD | ||||
common stock | Sale | 400 | 44.7387 USD | ||||
common stock | Sale | 323 | 45.2103 USD | ||||
common stock | Sale | 281 | 45.2370 USD | ||||
common stock | Sale | 271 | 45.1154 USD | ||||
common stock | Sale | 230 | 44.9915 USD | ||||
common stock | Sale | 227 | 45.2206 USD | ||||
common stock | Sale | 200 | 44.7400 USD | ||||
common stock | Sale | 140 | 44.7750 USD | ||||
common stock | Sale | 104 | 45.3488 USD | ||||
common stock | Sale | 100 | 45.1600 USD | ||||
common stock | Sale | 100 | 44.6400 USD | ||||
common stock | Sale | 58 | 44.8500 USD | ||||
common stock | Sale | 48 | 44.8550 USD | ||||
common stock | Sale | 34 | 44.8700 USD | ||||
common stock | Sale | 20 | 44.7775 USD | ||||
common stock | Sale | 17 | 44.7700 USD | ||||
common stock | Sale | 11 | 44.7481 USD | ||||
common stock | Sale | 11 | 45.2700 USD | ||||
common stock | Sale | 2 | 44.5200 USD | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description | reference | unit | ||||
security | securities | ||||||
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price | date | money | |
relevant | selling, | securities | per unit | paid/ | |||
security | varying etc | to which | received | ||||
option | per unit | ||||||
relates | |||||||
(ii) | Exercising | ||||||
Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security | securities | unit | |||||
(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security | applicable) | ||||||
4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements | ||||||
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 exempt principal trader making the disclosure and any party | |||||||
to the offer or any person acting in concert with a party to the offer: | |||||||
NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives | ||||||
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: | |||||||
NONE | |||||||
(c) | Attachments | ||||||
Is a Supplemental Form 8 (Open Positions) attached? | YES | ||||||
Date of disclosure: | 14 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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 CO | ||||||
relevant securities this from relates: | |||||||
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 | -88,600 | 45.0000 | American | 16 Aug 2024 | |
common stock | Put Options | Purchased | -24,700 | 43.0000 | American | 16 Aug 2024 | |
common stock | Put Options | Written | 123,800 | 45.0000 | American | 20 Sep 2024 | |
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: | |||||||
Related Shares:
Barclays