29th Aug 2024 14:36
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): |
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(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: |
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(e) | Date position held/dealing undertaken: | 28 Aug 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: | 813,615 | 0.23% | 488,978 | 0.14% | |||
(2) Cash-settled derivatives: | 149,943 | 0.04% | 0 | 0.00% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 123,800 | 0.04% | 0 | 0.00% | |||
TOTAL: | 1,087,358 | 0.31% | 488,978 | 0.14% | |||
(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 | 60,577 | 48.5852 USD | ||||
common stock | Purchase | 50,782 | 48.6971 USD | ||||
common stock | Purchase | 29,826 | 48.5702 USD | ||||
common stock | Purchase | 20,556 | 48.4900 USD | ||||
common stock | Purchase | 20,020 | 48.6731 USD | ||||
common stock | Purchase | 18,804 | 48.7935 USD | ||||
common stock | Purchase | 10,236 | 48.6252 USD | ||||
common stock | Purchase | 5,890 | 48.9131 USD | ||||
common stock | Purchase | 3,285 | 48.5430 USD | ||||
common stock | Purchase | 2,404 | 48.5718 USD | ||||
common stock | Purchase | 2,373 | 48.8907 USD | ||||
common stock | Purchase | 1,463 | 48.5455 USD | ||||
common stock | Purchase | 863 | 48.5632 USD | ||||
common stock | Purchase | 739 | 48.5278 USD | ||||
common stock | Purchase | 711 | 48.4899 USD | ||||
common stock | Purchase | 668 | 48.9325 USD | ||||
common stock | Purchase | 647 | 48.9042 USD | ||||
common stock | Purchase | 426 | 48.5273 USD | ||||
common stock | Purchase | 424 | 48.8106 USD | ||||
common stock | Purchase | 402 | 48.7288 USD | ||||
common stock | Purchase | 359 | 48.7511 USD | ||||
common stock | Purchase | 220 | 48.9550 USD | ||||
common stock | Purchase | 200 | 48.7100 USD | ||||
common stock | Purchase | 197 | 48.5942 USD | ||||
common stock | Purchase | 178 | 48.5944 USD | ||||
common stock | Purchase | 127 | 48.5300 USD | ||||
common stock | Purchase | 100 | 48.4800 USD | ||||
common stock | Purchase | 100 | 48.6300 USD | ||||
common stock | Purchase | 88 | 49.0100 USD | ||||
common stock | Purchase | 54 | 48.5000 USD | ||||
common stock | Purchase | 25 | 48.9600 USD | ||||
common stock | Purchase | 24 | 48.4500 USD | ||||
common stock | Purchase | 12 | 48.5700 USD | ||||
common stock | Purchase | 8 | 49.0900 USD | ||||
common stock | Sale | 52,300 | 48.5951 USD | ||||
common stock | Sale | 37,108 | 48.5564 USD | ||||
common stock | Sale | 31,765 | 48.7675 USD | ||||
common stock | Sale | 13,553 | 48.4920 USD | ||||
common stock | Sale | 11,337 | 48.7499 USD | ||||
common stock | Sale | 11,105 | 48.7528 USD | ||||
common stock | Sale | 9,146 | 48.6372 USD | ||||
common stock | Sale | 6,674 | 48.8937 USD | ||||
common stock | Sale | 6,260 | 48.4900 USD | ||||
common stock | Sale | 6,217 | 48.4887 USD | ||||
common stock | Sale | 5,109 | 48.7477 USD | ||||
common stock | Sale | 4,922 | 48.6371 USD | ||||
common stock | Sale | 3,276 | 48.7887 USD | ||||
common stock | Sale | 2,874 | 48.6140 USD | ||||
common stock | Sale | 2,813 | 48.6476 USD | ||||
common stock | Sale | 2,674 | 48.7594 USD | ||||
common stock | Sale | 2,172 | 48.5779 USD | ||||
common stock | Sale | 1,872 | 48.6386 USD | ||||
common stock | Sale | 1,682 | 48.7184 USD | ||||
common stock | Sale | 1,564 | 48.5875 USD | ||||
common stock | Sale | 1,185 | 48.5625 USD | ||||
common stock | Sale | 1,185 | 48.6214 USD | ||||
common stock | Sale | 1,162 | 48.5931 USD | ||||
common stock | Sale | 1,100 | 48.9164 USD | ||||
common stock | Sale | 973 | 48.6075 USD | ||||
common stock | Sale | 900 | 48.7366 USD | ||||
common stock | Sale | 863 | 48.5632 USD | ||||
common stock | Sale | 800 | 48.5725 USD | ||||
common stock | Sale | 711 | 48.4899 USD | ||||
common stock | Sale | 600 | 48.5200 USD | ||||
common stock | Sale | 530 | 48.8492 USD | ||||
common stock | Sale | 507 | 48.8651 USD | ||||
common stock | Sale | 500 | 48.6490 USD | ||||
common stock | Sale | 490 | 48.6818 USD | ||||
common stock | Sale | 395 | 48.5485 USD | ||||
common stock | Sale | 383 | 48.5908 USD | ||||
common stock | Sale | 341 | 48.5412 USD | ||||
common stock | Sale | 312 | 48.5364 USD | ||||
common stock | Sale | 302 | 48.5432 USD | ||||
common stock | Sale | 204 | 48.4800 USD | ||||
common stock | Sale | 200 | 48.7000 USD | ||||
common stock | Sale | 140 | 49.0459 USD | ||||
common stock | Sale | 108 | 48.5251 USD | ||||
common stock | Sale | 101 | 48.9512 USD | ||||
common stock | Sale | 100 | 49.0800 USD | ||||
common stock | Sale | 100 | 48.6300 USD | ||||
common stock | Sale | 100 | 48.6100 USD | ||||
common stock | Sale | 88 | 49.0100 USD | ||||
common stock | Sale | 32 | 48.5700 USD | ||||
common stock | Sale | 22 | 49.0500 USD | ||||
common stock | Sale | 6 | 48.5525 USD | ||||
common stock | Sale | 3 | 48.5400 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 | Selling | 5,500 | 45.0000 USD | American | 17 Jan 2025 | 5.8509 USD |
common stock | Call Options | Selling | 3,600 | 43.0000 USD | American | 17 Jan 2025 | 7.3000 USD |
common stock | Call Options | Selling | 1,700 | 48.0000 USD | American | 17 Jan 2025 | 4.1000 USD |
(ii) | Exercising |
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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 |
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Is a Supplemental Form 8 (Open Positions) attached? | YES | ||||||
Date of disclosure: | 29 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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SUPPLEMENTAL FORM 8 (OPEN POSITIONS) | |||||||
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 are being disclosed: | Barclays PLC. | ||||||
Name of offeror/offeree in relation to whose relevant securities this from relates: | INTERNATIONAL PAPER CO | ||||||
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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 | 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: | |||||||
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Related Shares:
Barclays