15th Jan 2025 14:58
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: | 14 Jan 2025 | |||||
(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: | 620,248 | 0.18% | 655,632 | 0.19% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 534,090 | 0.15% | 13,660 | 0.00% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 2000 | 0.00% | |||
TOTAL: | 1,154,338 | 0.33% | 671,292 | 0.19% | |||
(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 | 141,523 | 54.9403 USD | ||||
common stock | Purchase | 61,591 | 55.3062 USD | ||||
common stock | Purchase | 55,049 | 54.8483 USD | ||||
common stock | Purchase | 32,038 | 55.1140 USD | ||||
common stock | Purchase | 24,293 | 54.7438 USD | ||||
common stock | Purchase | 17,517 | 55.4200 USD | ||||
common stock | Purchase | 11,507 | 54.8292 USD | ||||
common stock | Purchase | 7,498 | 54.9267 USD | ||||
common stock | Purchase | 7,172 | 55.1263 USD | ||||
common stock | Purchase | 6,260 | 54.7640 USD | ||||
common stock | Purchase | 5,835 | 54.6997 USD | ||||
common stock | Purchase | 5,419 | 55.2275 USD | ||||
common stock | Purchase | 3,888 | 54.8481 USD | ||||
common stock | Purchase | 3,869 | 54.9771 USD | ||||
common stock | Purchase | 3,667 | 54.8239 USD | ||||
common stock | Purchase | 3,320 | 54.9363 USD | ||||
common stock | Purchase | 3,193 | 54.9096 USD | ||||
common stock | Purchase | 3,125 | 54.8740 USD | ||||
common stock | Purchase | 2,077 | 55.1698 USD | ||||
common stock | Purchase | 1,745 | 54.8250 USD | ||||
common stock | Purchase | 1,166 | 55.2244 USD | ||||
common stock | Purchase | 909 | 54.8502 USD | ||||
common stock | Purchase | 900 | 53.9711 USD | ||||
common stock | Purchase | 795 | 54.5565 USD | ||||
common stock | Purchase | 780 | 54.7267 USD | ||||
common stock | Purchase | 756 | 54.9698 USD | ||||
common stock | Purchase | 719 | 54.7169 USD | ||||
common stock | Purchase | 638 | 54.6791 USD | ||||
common stock | Purchase | 400 | 55.1800 USD | ||||
common stock | Purchase | 376 | 55.0272 USD | ||||
common stock | Purchase | 328 | 55.4039 USD | ||||
common stock | Purchase | 263 | 54.8171 USD | ||||
common stock | Purchase | 219 | 54.7366 USD | ||||
common stock | Purchase | 200 | 55.0800 USD | ||||
common stock | Purchase | 179 | 54.8063 USD | ||||
common stock | Purchase | 157 | 54.9434 USD | ||||
common stock | Purchase | 131 | 54.7462 USD | ||||
common stock | Purchase | 100 | 55.0200 USD | ||||
common stock | Purchase | 100 | 54.5200 USD | ||||
common stock | Purchase | 100 | 54.6600 USD | ||||
common stock | Purchase | 100 | 55.2400 USD | ||||
common stock | Purchase | 100 | 54.6000 USD | ||||
common stock | Purchase | 81 | 54.8120 USD | ||||
common stock | Purchase | 75 | 54.4950 USD | ||||
common stock | Purchase | 75 | 54.6450 USD | ||||
common stock | Purchase | 53 | 54.9547 USD | ||||
common stock | Purchase | 34 | 54.5300 USD | ||||
common stock | Purchase | 9 | 55.1500 USD | ||||
common stock | Purchase | 9 | 55.2100 USD | ||||
common stock | Purchase | 9 | 55.3900 USD | ||||
common stock | Purchase | 5 | 53.9104 USD | ||||
common stock | Sale | 167,532 | 54.9577 USD | ||||
common stock | Sale | 83,168 | 54.7747 USD | ||||
common stock | Sale | 37,589 | 55.3325 USD | ||||
common stock | Sale | 24,378 | 55.4200 USD | ||||
common stock | Sale | 19,646 | 54.8562 USD | ||||
common stock | Sale | 18,268 | 55.3816 USD | ||||
common stock | Sale | 9,469 | 55.0971 USD | ||||
common stock | Sale | 7,172 | 55.1263 USD | ||||
common stock | Sale | 6,975 | 54.8464 USD | ||||
common stock | Sale | 6,616 | 54.8159 USD | ||||
common stock | Sale | 5,696 | 54.8120 USD | ||||
common stock | Sale | 2,737 | 54.7183 USD | ||||
common stock | Sale | 2,672 | 55.2056 USD | ||||
common stock | Sale | 2,077 | 55.1698 USD | ||||
common stock | Sale | 2,068 | 55.2523 USD | ||||
common stock | Sale | 1,227 | 55.0907 USD | ||||
common stock | Sale | 1,109 | 54.9030 USD | ||||
common stock | Sale | 947 | 55.2502 USD | ||||
common stock | Sale | 752 | 54.5062 USD | ||||
common stock | Sale | 675 | 55.2645 USD | ||||
common stock | Sale | 494 | 54.5204 USD | ||||
common stock | Sale | 490 | 54.6936 USD | ||||
common stock | Sale | 400 | 54.6975 USD | ||||
common stock | Sale | 400 | 54.5250 USD | ||||
common stock | Sale | 333 | 55.2827 USD | ||||
common stock | Sale | 301 | 54.6158 USD | ||||
common stock | Sale | 300 | 55.1566 USD | ||||
common stock | Sale | 210 | 53.9954 USD | ||||
common stock | Sale | 205 | 55.1880 USD | ||||
common stock | Sale | 200 | 54.6600 USD | ||||
common stock | Sale | 188 | 54.6479 USD | ||||
common stock | Sale | 185 | 54.5975 USD | ||||
common stock | Sale | 150 | 54.4950 USD | ||||
common stock | Sale | 144 | 55.4016 USD | ||||
common stock | Sale | 103 | 55.2792 USD | ||||
common stock | Sale | 100 | 55.2400 USD | ||||
common stock | Sale | 100 | 54.5400 USD | ||||
common stock | Sale | 100 | 54.5450 USD | ||||
common stock | Sale | 45 | 55.0900 USD | ||||
common stock | Sale | 34 | 54.5300 USD | ||||
common stock | Sale | 10 | 53.9700 USD | ||||
common stock | Sale | 6 | 54.7616 USD | ||||
common stock | Sale | 4 | 55.2475 USD | ||||
common stock | Sale | 2 | 54.9800 USD | ||||
common stock | Sale | 2 | 54.7750 USD | ||||
common stock | Sale | 2 | 55.1100 USD | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description | reference | unit | ||||
security | securities | ||||||
common stock | SWAP | Increasing Long | 9,943 | 53.2013 USD | |||
common stock | SWAP | Decreasing Long | 9,943 | 53.2013 USD | |||
common stock | SWAP | Decreasing Long | 273 | 55.4224 USD | |||
(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 | 2,000 | 55.0000 USD | American | 17 Jan 2025 | 0.7500 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? | NO | ||||||
Date of disclosure: | 15 Jan 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
Barclays