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Form 8.3 - INTERNATIONAL PAPER COMPANY

19th Jul 2024 15:17

RNS Number : 1455X
Barclays PLC
19 July 2024
 

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:

18 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:

811,879

0.23%

415,740

0.12%

(2)

Cash-settled derivatives:

and/or controlled:

76,162

0.02%

0

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

24,200

0.01%

24,700

0.01%

TOTAL:

912,241

0.26%

440,440

0.13%

(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

63,163

45.9093 USD

common stock

Purchase

27,665

45.8620 USD

common stock

Purchase

27,633

45.8651 USD

common stock

Purchase

24,852

45.8640 USD

common stock

Purchase

23,484

45.8583 USD

common stock

Purchase

16,725

45.8700 USD

common stock

Purchase

8,679

45.8836 USD

common stock

Purchase

8,188

45.8691 USD

common stock

Purchase

7,269

45.8434 USD

common stock

Purchase

6,548

45.7758 USD

common stock

Purchase

4,289

45.8232 USD

common stock

Purchase

3,343

45.7959 USD

common stock

Purchase

3,112

45.8621 USD

common stock

Purchase

3,027

45.8081 USD

common stock

Purchase

2,806

45.8475 USD

common stock

Purchase

2,785

45.8521 USD

common stock

Purchase

2,737

45.8614 USD

common stock

Purchase

2,390

45.7435 USD

common stock

Purchase

2,128

45.7436 USD

common stock

Purchase

1,531

45.7847 USD

common stock

Purchase

1,460

45.9006 USD

common stock

Purchase

1,290

45.8590 USD

common stock

Purchase

1,257

45.9536 USD

common stock

Purchase

1,180

45.8548 USD

common stock

Purchase

1,085

45.7981 USD

common stock

Purchase

900

45.8611 USD

common stock

Purchase

500

45.8380 USD

common stock

Purchase

329

45.7516 USD

common stock

Purchase

327

45.8711 USD

common stock

Purchase

300

45.8200 USD

common stock

Purchase

208

45.8857 USD

common stock

Purchase

125

45.8800 USD

common stock

Purchase

100

45.8100 USD

common stock

Purchase

100

45.8600 USD

common stock

Purchase

100

45.9600 USD

common stock

Purchase

100

46.0300 USD

common stock

Purchase

96

45.8695 USD

common stock

Purchase

96

45.8694 USD

common stock

Purchase

42

45.8444 USD

common stock

Purchase

30

45.6150 USD

common stock

Purchase

30

45.8900 USD

common stock

Purchase

13

45.9861 USD

common stock

Purchase

10

45.7100 USD

common stock

Purchase

1

45.8250 USD

common stock

Sale

34,451

45.8366 USD

common stock

Sale

27,240

45.8282 USD

common stock

Sale

26,325

45.8969 USD

common stock

Sale

22,757

45.8599 USD

common stock

Sale

20,520

45.9066 USD

common stock

Sale

18,307

45.8704 USD

common stock

Sale

14,112

45.8700 USD

common stock

Sale

11,125

45.8530 USD

common stock

Sale

9,753

45.9146 USD

common stock

Sale

8,188

45.8691 USD

common stock

Sale

5,416

45.8490 USD

common stock

Sale

4,948

45.9509 USD

common stock

Sale

4,852

45.8641 USD

common stock

Sale

4,740

45.8948 USD

common stock

Sale

3,377

45.8990 USD

common stock

Sale

3,112

45.8621 USD

common stock

Sale

2,855

45.7953 USD

common stock

Sale

2,788

45.8307 USD

common stock

Sale

2,460

45.8462 USD

common stock

Sale

2,272

45.8693 USD

common stock

Sale

2,039

45.7659 USD

common stock

Sale

1,464

45.8963 USD

common stock

Sale

1,460

45.9006 USD

common stock

Sale

1,458

45.8248 USD

common stock

Sale

1,431

45.9595 USD

common stock

Sale

1,180

45.8548 USD

common stock

Sale

1,105

45.9717 USD

common stock

Sale

1,055

45.8842 USD

common stock

Sale

958

45.9310 USD

common stock

Sale

909

45.8565 USD

common stock

Sale

800

45.8650 USD

common stock

Sale

720

45.8893 USD

common stock

Sale

517

46.1062 USD

common stock

Sale

376

45.9300 USD

common stock

Sale

212

45.8464 USD

common stock

Sale

208

45.8857 USD

common stock

Sale

152

45.8220 USD

common stock

Sale

151

45.7691 USD

common stock

Sale

136

45.8537 USD

common stock

Sale

100

45.8600 USD

common stock

Sale

100

46.1300 USD

common stock

Sale

100

45.8300 USD

common stock

Sale

96

45.8694 USD

common stock

Sale

95

45.8500 USD

common stock

Sale

91

45.6400 USD

common stock

Sale

80

45.9347 USD

common stock

Sale

60

45.6150 USD

common stock

Sale

51

45.8033 USD

common stock

Sale

35

45.8614 USD

common stock

Sale

31

45.8027 USD

common stock

Sale

25

45.8020 USD

common stock

Sale

20

45.9400 USD

common stock

Sale

10

45.7000 USD

common stock

Sale

10

45.7100 USD

common stock

Sale

9

45.7500 USD

common stock

Sale

5

45.8000 USD

common stock

Sale

5

46.1400 USD

common stock

Sale

1

45.8250 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:

19 Jul 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

common stock

Put Options

Written

24,200

43.0000

American

19 Jul 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:

 

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END
 
 
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