1st Aug 2024 15:08
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: | 31 Jul 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: | 830,841 | 0.24% | 510,668 | 0.15% | |||
(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: | 0 | 0.00% | 24,700 | 0.01% | |||
TOTAL: | 999,503 | 0.29% | 535,368 | 0.15% | |||
(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 | 195,609 | 46.4347 USD | ||||
common stock | Purchase | 109,797 | 46.4796 USD | ||||
common stock | Purchase | 70,790 | 46.1908 USD | ||||
common stock | Purchase | 46,155 | 46.0424 USD | ||||
common stock | Purchase | 45,398 | 46.4503 USD | ||||
common stock | Purchase | 25,439 | 46.1322 USD | ||||
common stock | Purchase | 21,599 | 46.3049 USD | ||||
common stock | Purchase | 20,723 | 46.1813 USD | ||||
common stock | Purchase | 14,886 | 46.4800 USD | ||||
common stock | Purchase | 7,190 | 46.4878 USD | ||||
common stock | Purchase | 6,399 | 46.4799 USD | ||||
common stock | Purchase | 4,977 | 46.5487 USD | ||||
common stock | Purchase | 4,376 | 46.2600 USD | ||||
common stock | Purchase | 3,855 | 46.4816 USD | ||||
common stock | Purchase | 3,715 | 46.4672 USD | ||||
common stock | Purchase | 3,319 | 46.4645 USD | ||||
common stock | Purchase | 3,079 | 46.4708 USD | ||||
common stock | Purchase | 2,850 | 46.4476 USD | ||||
common stock | Purchase | 2,047 | 46.4767 USD | ||||
common stock | Purchase | 1,484 | 46.1552 USD | ||||
common stock | Purchase | 1,191 | 46.5076 USD | ||||
common stock | Purchase | 947 | 46.4748 USD | ||||
common stock | Purchase | 875 | 46.4175 USD | ||||
common stock | Purchase | 804 | 46.4921 USD | ||||
common stock | Purchase | 801 | 46.5230 USD | ||||
common stock | Purchase | 728 | 46.0516 USD | ||||
common stock | Purchase | 530 | 46.4437 USD | ||||
common stock | Purchase | 391 | 46.6000 USD | ||||
common stock | Purchase | 352 | 46.4940 USD | ||||
common stock | Purchase | 321 | 46.3635 USD | ||||
common stock | Purchase | 304 | 46.2318 USD | ||||
common stock | Purchase | 203 | 46.4667 USD | ||||
common stock | Purchase | 200 | 46.0100 USD | ||||
common stock | Purchase | 200 | 46.1900 USD | ||||
common stock | Purchase | 105 | 46.2122 USD | ||||
common stock | Purchase | 100 | 46.5150 USD | ||||
common stock | Purchase | 100 | 46.4660 USD | ||||
common stock | Purchase | 100 | 45.9600 USD | ||||
common stock | Purchase | 90 | 46.4411 USD | ||||
common stock | Purchase | 81 | 46.4049 USD | ||||
common stock | Purchase | 80 | 46.5818 USD | ||||
common stock | Purchase | 72 | 46.3877 USD | ||||
common stock | Purchase | 68 | 46.3608 USD | ||||
common stock | Purchase | 32 | 46.5250 USD | ||||
common stock | Purchase | 30 | 45.9050 USD | ||||
common stock | Purchase | 8 | 46.5100 USD | ||||
common stock | Purchase | 4 | 46.4300 USD | ||||
common stock | Purchase | 3 | 46.3433 USD | ||||
common stock | Purchase | 2 | 45.9200 USD | ||||
common stock | Purchase | 1 | 46.0200 USD | ||||
common stock | Sale | 222,391 | 46.3748 USD | ||||
common stock | Sale | 132,239 | 46.4942 USD | ||||
common stock | Sale | 50,223 | 46.2891 USD | ||||
common stock | Sale | 41,417 | 46.4555 USD | ||||
common stock | Sale | 19,493 | 46.0850 USD | ||||
common stock | Sale | 13,071 | 46.0244 USD | ||||
common stock | Sale | 12,862 | 46.2551 USD | ||||
common stock | Sale | 12,431 | 46.0697 USD | ||||
common stock | Sale | 10,316 | 46.3493 USD | ||||
common stock | Sale | 9,829 | 46.0671 USD | ||||
common stock | Sale | 9,593 | 46.4800 USD | ||||
common stock | Sale | 8,380 | 46.3476 USD | ||||
common stock | Sale | 6,399 | 46.4799 USD | ||||
common stock | Sale | 5,974 | 45.9131 USD | ||||
common stock | Sale | 5,700 | 46.1624 USD | ||||
common stock | Sale | 5,642 | 46.0766 USD | ||||
common stock | Sale | 5,259 | 46.0383 USD | ||||
common stock | Sale | 4,400 | 46.4524 USD | ||||
common stock | Sale | 4,376 | 46.2600 USD | ||||
common stock | Sale | 2,957 | 46.3093 USD | ||||
common stock | Sale | 2,930 | 46.4777 USD | ||||
common stock | Sale | 2,181 | 46.4409 USD | ||||
common stock | Sale | 2,010 | 45.9851 USD | ||||
common stock | Sale | 1,969 | 46.1957 USD | ||||
common stock | Sale | 1,323 | 46.5000 USD | ||||
common stock | Sale | 1,215 | 46.1843 USD | ||||
common stock | Sale | 999 | 46.1160 USD | ||||
common stock | Sale | 801 | 46.5230 USD | ||||
common stock | Sale | 778 | 46.5108 USD | ||||
common stock | Sale | 700 | 46.5364 USD | ||||
common stock | Sale | 600 | 45.9600 USD | ||||
common stock | Sale | 500 | 46.3900 USD | ||||
common stock | Sale | 479 | 46.0820 USD | ||||
common stock | Sale | 470 | 45.9451 USD | ||||
common stock | Sale | 385 | 46.3120 USD | ||||
common stock | Sale | 304 | 46.2318 USD | ||||
common stock | Sale | 300 | 46.5433 USD | ||||
common stock | Sale | 222 | 46.3975 USD | ||||
common stock | Sale | 200 | 46.4900 USD | ||||
common stock | Sale | 182 | 46.6000 USD | ||||
common stock | Sale | 175 | 45.9422 USD | ||||
common stock | Sale | 102 | 45.8647 USD | ||||
common stock | Sale | 83 | 46.1800 USD | ||||
common stock | Sale | 53 | 45.8700 USD | ||||
common stock | Sale | 15 | 46.1000 USD | ||||
common stock | Sale | 15 | 45.9050 USD | ||||
common stock | Sale | 11 | 45.9509 USD | ||||
common stock | Sale | 4 | 45.6100 USD | ||||
common stock | Sale | 3 | 46.3433 USD | ||||
common stock | Sale | 2 | 45.9200 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 | |||||||
common stock | Call Options | Selling | 13,700 | 43.0000 USD | American | 17 Jan 2025 | 5.6819 USD |
(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: | 01 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 | -24,700 | 43.0000 | American | 16 Aug 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