22nd Nov 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 relevant securities this form relates: | INTERNATIONAL PAPER COMPANY | |||||
(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: | 21 Nov 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? | YES: 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: | 884,030 | 0.25% | 580,362 | 0.16% | |||
(2) Cash-settled derivatives: | 344,936 | 0.09% | 13,660 | 0.00% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 1,228,966 | 0.34% | 594,022 | 0.16% | |||
(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 PERSON MAKING THE DISCLOSURE | ||||||
(a) | Purchase and sales | ||||||
Class of relevant security | Purchase/sale | Number of securities | Price per unit | ||||
common stock | Purchase | 241,948 | 58.9920 USD | ||||
common stock | Purchase | 220,952 | 58.9560 USD | ||||
common stock | Purchase | 211,904 | 59.0506 USD | ||||
common stock | Purchase | 167,486 | 59.1800 USD | ||||
common stock | Purchase | 46,036 | 58.9767 USD | ||||
common stock | Purchase | 35,212 | 58.9280 USD | ||||
common stock | Purchase | 30,787 | 58.9415 USD | ||||
common stock | Purchase | 26,800 | 58.4537 USD | ||||
common stock | Purchase | 24,572 | 59.1649 USD | ||||
common stock | Purchase | 23,245 | 59.4400 USD | ||||
common stock | Purchase | 14,321 | 58.8814 USD | ||||
common stock | Purchase | 13,894 | 59.0507 USD | ||||
common stock | Purchase | 13,702 | 59.0770 USD | ||||
common stock | Purchase | 10,156 | 58.9854 USD | ||||
common stock | Purchase | 9,582 | 58.9221 USD | ||||
common stock | Purchase | 9,300 | 58.3221 USD | ||||
common stock | Purchase | 9,285 | 59.1753 USD | ||||
common stock | Purchase | 9,171 | 59.1934 USD | ||||
common stock | Purchase | 7,140 | 58.4743 USD | ||||
common stock | Purchase | 6,670 | 59.4346 USD | ||||
common stock | Purchase | 5,827 | 59.2567 USD | ||||
common stock | Purchase | 5,683 | 59.3842 USD | ||||
common stock | Purchase | 5,566 | 58.4506 USD | ||||
common stock | Purchase | 5,556 | 58.8683 USD | ||||
common stock | Purchase | 5,417 | 58.4242 USD | ||||
common stock | Purchase | 4,500 | 58.2062 USD | ||||
common stock | Purchase | 4,190 | 59.3195 USD | ||||
common stock | Purchase | 3,437 | 59.4272 USD | ||||
common stock | Purchase | 3,364 | 59.2910 USD | ||||
common stock | Purchase | 3,319 | 58.7389 USD | ||||
common stock | Purchase | 3,196 | 59.3733 USD | ||||
common stock | Purchase | 2,934 | 58.4395 USD | ||||
common stock | Purchase | 2,849 | 59.1309 USD | ||||
common stock | Purchase | 2,710 | 59.1159 USD | ||||
common stock | Purchase | 2,392 | 59.2260 USD | ||||
common stock | Purchase | 2,152 | 58.5168 USD | ||||
common stock | Purchase | 1,861 | 58.9734 USD | ||||
common stock | Purchase | 1,548 | 59.2669 USD | ||||
common stock | Purchase | 1,523 | 58.4390 USD | ||||
common stock | Purchase | 1,505 | 59.4071 USD | ||||
common stock | Purchase | 1,420 | 58.4540 USD | ||||
common stock | Purchase | 1,409 | 59.4131 USD | ||||
common stock | Purchase | 1,376 | 58.4707 USD | ||||
common stock | Purchase | 1,254 | 58.4772 USD | ||||
common stock | Purchase | 1,248 | 59.2305 USD | ||||
common stock | Purchase | 1,118 | 59.3556 USD | ||||
common stock | Purchase | 1,100 | 59.2218 USD | ||||
common stock | Purchase | 1,097 | 59.0089 USD | ||||
common stock | Purchase | 1,092 | 58.4705 USD | ||||
common stock | Purchase | 1,081 | 59.1403 USD | ||||
common stock | Purchase | 962 | 59.2735 USD | ||||
common stock | Purchase | 961 | 58.3683 USD | ||||
common stock | Purchase | 800 | 59.3850 USD | ||||
common stock | Purchase | 770 | 58.4590 USD | ||||
common stock | Purchase | 732 | 58.7704 USD | ||||
common stock | Purchase | 655 | 58.8890 USD | ||||
common stock | Purchase | 600 | 58.5000 USD | ||||
common stock | Purchase | 400 | 58.4675 USD | ||||
common stock | Purchase | 400 | 59.1600 USD | ||||
common stock | Purchase | 400 | 58.8600 USD | ||||
common stock | Purchase | 381 | 58.4210 USD | ||||
common stock | Purchase | 347 | 59.3366 USD | ||||
common stock | Purchase | 337 | 55.7530 EUR | ||||
common stock | Purchase | 300 | 58.3533 USD | ||||
common stock | Purchase | 300 | 59.1366 USD | ||||
common stock | Purchase | 287 | 59.0547 USD | ||||
common stock | Purchase | 222 | 59.2714 USD | ||||
common stock | Purchase | 200 | 59.3200 USD | ||||
common stock | Purchase | 200 | 58.2700 USD | ||||
common stock | Purchase | 200 | 58.4950 USD | ||||
common stock | Purchase | 161 | 59.1813 USD | ||||
common stock | Purchase | 157 | 58.4100 USD | ||||
common stock | Purchase | 138 | 59.4073 USD | ||||
common stock | Purchase | 136 | 59.1500 USD | ||||
common stock | Purchase | 119 | 59.4773 USD | ||||
common stock | Purchase | 116 | 59.3500 USD | ||||
common stock | Purchase | 111 | 59.1030 USD | ||||
common stock | Purchase | 106 | 59.2000 USD | ||||
common stock | Purchase | 100 | 59.2500 USD | ||||
common stock | Purchase | 100 | 59.2100 USD | ||||
common stock | Purchase | 100 | 58.4050 USD | ||||
common stock | Purchase | 95 | 58.8231 USD | ||||
common stock | Purchase | 89 | 58.4200 USD | ||||
common stock | Purchase | 80 | 58.9962 USD | ||||
common stock | Purchase | 75 | 59.4100 USD | ||||
common stock | Purchase | 60 | 59.1758 USD | ||||
common stock | Purchase | 51 | 59.1078 USD | ||||
common stock | Purchase | 46 | 58.7600 USD | ||||
common stock | Purchase | 29 | 59.2055 USD | ||||
common stock | Purchase | 20 | 58.4600 USD | ||||
common stock | Purchase | 19 | 55.8357 EUR | ||||
common stock | Purchase | 15 | 59.4600 USD | ||||
common stock | Purchase | 6 | 59.3400 USD | ||||
common stock | Purchase | 5 | 59.3100 USD | ||||
common stock | Purchase | 5 | 58.8700 USD | ||||
common stock | Purchase | 5 | 59.4200 USD | ||||
common stock | Purchase | 2 | 58.6825 USD | ||||
common stock | Purchase | 2 | 58.2000 USD | ||||
common stock | Sale | 600,000 | 58.9892 USD | ||||
common stock | Sale | 114,164 | 59.1800 USD | ||||
common stock | Sale | 98,159 | 59.0482 USD | ||||
common stock | Sale | 45,156 | 58.9479 USD | ||||
common stock | Sale | 43,124 | 59.0448 USD | ||||
common stock | Sale | 26,800 | 58.4537 USD | ||||
common stock | Sale | 26,101 | 58.4528 USD | ||||
common stock | Sale | 23,465 | 59.2877 USD | ||||
common stock | Sale | 23,245 | 59.4400 USD | ||||
common stock | Sale | 18,676 | 59.2033 USD | ||||
common stock | Sale | 18,600 | 58.3221 USD | ||||
common stock | Sale | 17,156 | 59.2496 USD | ||||
common stock | Sale | 16,910 | 58.9859 USD | ||||
common stock | Sale | 16,030 | 59.1890 USD | ||||
common stock | Sale | 12,643 | 58.9042 USD | ||||
common stock | Sale | 9,988 | 58.9842 USD | ||||
common stock | Sale | 9,839 | 58.9209 USD | ||||
common stock | Sale | 9,202 | 59.0057 USD | ||||
common stock | Sale | 8,980 | 58.9529 USD | ||||
common stock | Sale | 8,723 | 59.1912 USD | ||||
common stock | Sale | 8,687 | 59.0537 USD | ||||
common stock | Sale | 5,232 | 59.1545 USD | ||||
common stock | Sale | 4,539 | 58.9041 USD | ||||
common stock | Sale | 4,171 | 59.0208 USD | ||||
common stock | Sale | 2,189 | 58.9240 USD | ||||
common stock | Sale | 1,834 | 59.2235 USD | ||||
common stock | Sale | 1,751 | 58.9504 USD | ||||
common stock | Sale | 1,687 | 59.2823 USD | ||||
common stock | Sale | 1,305 | 59.4248 USD | ||||
common stock | Sale | 936 | 59.0615 USD | ||||
common stock | Sale | 709 | 59.1859 USD | ||||
common stock | Sale | 700 | 59.0403 USD | ||||
common stock | Sale | 699 | 58.4855 USD | ||||
common stock | Sale | 620 | 58.6014 USD | ||||
common stock | Sale | 612 | 58.9248 USD | ||||
common stock | Sale | 454 | 59.3207 USD | ||||
common stock | Sale | 408 | 58.8356 USD | ||||
common stock | Sale | 402 | 59.1573 USD | ||||
common stock | Sale | 400 | 59.4125 USD | ||||
common stock | Sale | 400 | 58.8600 USD | ||||
common stock | Sale | 337 | 55.7530 EUR | ||||
common stock | Sale | 300 | 59.1100 USD | ||||
common stock | Sale | 246 | 59.1703 USD | ||||
common stock | Sale | 245 | 59.3188 USD | ||||
common stock | Sale | 222 | 59.1695 USD | ||||
common stock | Sale | 200 | 59.3950 USD | ||||
common stock | Sale | 120 | 58.9791 USD | ||||
common stock | Sale | 110 | 59.3400 USD | ||||
common stock | Sale | 103 | 59.1600 USD | ||||
common stock | Sale | 100 | 59.4000 USD | ||||
common stock | Sale | 46 | 58.7600 USD | ||||
common stock | Sale | 45 | 59.3000 USD | ||||
common stock | Sale | 23 | 59.2400 USD | ||||
common stock | Sale | 19 | 55.8357 EUR | ||||
common stock | Sale | 16 | 59.2353 USD | ||||
common stock | Sale | 10 | 59.3850 USD | ||||
common stock | Sale | 8 | 58.9118 USD | ||||
common stock | Sale | 8 | 59.2837 USD | ||||
common stock | Sale | 5 | 59.4200 USD | ||||
common stock | Sale | 2 | 58.6825 USD | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
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 | Option money paid/ received per unit |
common stock | Call Options | Purchasing | 6,800 | 63.0000 USD | American | 17 Jan 2025 | 1.2000 USD |
common stock | Put Options | Purchasing | 14,000 | 60.0000 USD | American | 17 Jan 2025 | 2.6207 USD |
common stock | Call Options | Purchasing | 2,100 | 60.0000 USD | American | 17 Jan 2025 | 1.7500 USD |
(ii) | Exercising |
| |||||
Class of relevant security | Product description | Exercising/ exercised against | Number of securities | Exercise price per unit | |||
(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant security | Nature of Dealings | Details | Price per unit (if 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 person 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: | 22 Nov 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |
Related Shares:
Barclays