30th Jan 2025 15:03
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: | 29 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: | 820,840 | 0.24% | 625,566 | 0.18% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 527,504 | 0.15% | 20,310 | 0.01% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 60,100 | 0.02% | 0 | 0.00% | |||
TOTAL: | 1,408,444 | 0.41% | 645,876 | 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 | 1,142,444 | 58.1739 USD | ||||
common stock | Purchase | 263,850 | 58.0639 USD | ||||
common stock | Purchase | 195,202 | 58.0926 USD | ||||
common stock | Purchase | 156,650 | 58.1156 USD | ||||
common stock | Purchase | 143,400 | 58.0068 USD | ||||
common stock | Purchase | 88,639 | 58.0928 USD | ||||
common stock | Purchase | 85,884 | 58.1349 USD | ||||
common stock | Purchase | 75,086 | 58.2805 USD | ||||
common stock | Purchase | 69,090 | 58.0806 USD | ||||
common stock | Purchase | 65,575 | 58.1177 USD | ||||
common stock | Purchase | 57,209 | 58.1010 USD | ||||
common stock | Purchase | 52,832 | 58.0829 USD | ||||
common stock | Purchase | 46,894 | 58.0715 USD | ||||
common stock | Purchase | 22,819 | 58.2317 USD | ||||
common stock | Purchase | 18,011 | 58.3628 USD | ||||
common stock | Purchase | 17,232 | 58.1362 USD | ||||
common stock | Purchase | 12,337 | 58.7204 USD | ||||
common stock | Purchase | 11,658 | 58.1171 USD | ||||
common stock | Purchase | 11,603 | 58.0942 USD | ||||
common stock | Purchase | 10,500 | 58.2229 USD | ||||
common stock | Purchase | 10,134 | 58.1586 USD | ||||
common stock | Purchase | 8,635 | 58.1283 USD | ||||
common stock | Purchase | 8,313 | 58.1895 USD | ||||
common stock | Purchase | 6,496 | 58.1063 USD | ||||
common stock | Purchase | 6,408 | 58.0340 USD | ||||
common stock | Purchase | 6,283 | 58.0869 USD | ||||
common stock | Purchase | 5,334 | 58.0308 USD | ||||
common stock | Purchase | 4,543 | 58.2438 USD | ||||
common stock | Purchase | 4,196 | 58.0999 USD | ||||
common stock | Purchase | 3,058 | 57.8861 USD | ||||
common stock | Purchase | 2,926 | 57.9800 USD | ||||
common stock | Purchase | 2,500 | 57.9965 USD | ||||
common stock | Purchase | 2,252 | 58.0421 USD | ||||
common stock | Purchase | 2,028 | 57.9803 USD | ||||
common stock | Purchase | 1,956 | 58.1296 USD | ||||
common stock | Purchase | 1,905 | 58.0010 USD | ||||
common stock | Purchase | 1,202 | 57.9884 USD | ||||
common stock | Purchase | 739 | 58.1584 USD | ||||
common stock | Purchase | 622 | 57.9446 USD | ||||
common stock | Purchase | 500 | 58.0580 USD | ||||
common stock | Purchase | 400 | 58.3325 USD | ||||
common stock | Purchase | 324 | 57.9900 USD | ||||
common stock | Purchase | 300 | 58.1200 USD | ||||
common stock | Purchase | 300 | 57.9366 USD | ||||
common stock | Purchase | 200 | 58.5000 USD | ||||
common stock | Purchase | 155 | 55.9588 EUR | ||||
common stock | Purchase | 77 | 58.4500 USD | ||||
common stock | Purchase | 42 | 58.0500 USD | ||||
common stock | Purchase | 15 | 55.8600 EUR | ||||
common stock | Purchase | 14 | 57.9985 USD | ||||
common stock | Purchase | 6 | 58.5600 USD | ||||
common stock | Sale | 1,452,871 | 58.1575 USD | ||||
common stock | Sale | 681,367 | 58.1235 USD | ||||
common stock | Sale | 108,870 | 58.0859 USD | ||||
common stock | Sale | 70,102 | 57.9736 USD | ||||
common stock | Sale | 69,471 | 58.1632 USD | ||||
common stock | Sale | 36,197 | 58.1602 USD | ||||
common stock | Sale | 28,099 | 58.1107 USD | ||||
common stock | Sale | 19,114 | 58.1980 USD | ||||
common stock | Sale | 15,383 | 58.1738 USD | ||||
common stock | Sale | 14,404 | 57.9959 USD | ||||
common stock | Sale | 11,394 | 57.9291 USD | ||||
common stock | Sale | 8,313 | 58.1895 USD | ||||
common stock | Sale | 8,194 | 58.0595 USD | ||||
common stock | Sale | 7,815 | 58.0433 USD | ||||
common stock | Sale | 7,759 | 58.0834 USD | ||||
common stock | Sale | 6,885 | 58.0756 USD | ||||
common stock | Sale | 5,893 | 57.9999 USD | ||||
common stock | Sale | 5,688 | 58.1355 USD | ||||
common stock | Sale | 5,458 | 58.1305 USD | ||||
common stock | Sale | 5,409 | 57.9610 USD | ||||
common stock | Sale | 5,334 | 58.0308 USD | ||||
common stock | Sale | 4,365 | 58.3501 USD | ||||
common stock | Sale | 4,171 | 58.1198 USD | ||||
common stock | Sale | 3,971 | 58.2945 USD | ||||
common stock | Sale | 3,731 | 58.1689 USD | ||||
common stock | Sale | 3,398 | 57.9855 USD | ||||
common stock | Sale | 3,058 | 57.8861 USD | ||||
common stock | Sale | 3,048 | 57.8694 USD | ||||
common stock | Sale | 2,827 | 58.0024 USD | ||||
common stock | Sale | 2,112 | 58.0220 USD | ||||
common stock | Sale | 2,064 | 58.1625 USD | ||||
common stock | Sale | 2,064 | 57.9624 USD | ||||
common stock | Sale | 2,028 | 57.9803 USD | ||||
common stock | Sale | 1,883 | 58.1066 USD | ||||
common stock | Sale | 1,780 | 57.9800 USD | ||||
common stock | Sale | 1,706 | 58.2323 USD | ||||
common stock | Sale | 1,624 | 58.0248 USD | ||||
common stock | Sale | 1,458 | 57.9615 USD | ||||
common stock | Sale | 1,400 | 58.0357 USD | ||||
common stock | Sale | 1,300 | 58.1376 USD | ||||
common stock | Sale | 1,202 | 57.9884 USD | ||||
common stock | Sale | 1,113 | 58.1351 USD | ||||
common stock | Sale | 1,099 | 57.9876 USD | ||||
common stock | Sale | 1,000 | 57.8830 USD | ||||
common stock | Sale | 739 | 58.1584 USD | ||||
common stock | Sale | 659 | 58.1502 USD | ||||
common stock | Sale | 446 | 58.0409 USD | ||||
common stock | Sale | 350 | 58.0000 USD | ||||
common stock | Sale | 346 | 58.1890 USD | ||||
common stock | Sale | 315 | 57.8539 USD | ||||
common stock | Sale | 300 | 58.1233 USD | ||||
common stock | Sale | 300 | 57.9000 USD | ||||
common stock | Sale | 300 | 58.5266 USD | ||||
common stock | Sale | 244 | 58.2013 USD | ||||
common stock | Sale | 222 | 58.0663 USD | ||||
common stock | Sale | 218 | 58.4668 USD | ||||
common stock | Sale | 210 | 58.1421 USD | ||||
common stock | Sale | 204 | 58.0939 USD | ||||
common stock | Sale | 200 | 57.7900 USD | ||||
common stock | Sale | 200 | 58.0600 USD | ||||
common stock | Sale | 192 | 57.9003 USD | ||||
common stock | Sale | 155 | 55.9588 EUR | ||||
common stock | Sale | 133 | 58.0955 USD | ||||
common stock | Sale | 110 | 58.0909 USD | ||||
common stock | Sale | 110 | 58.0972 USD | ||||
common stock | Sale | 105 | 58.1200 USD | ||||
common stock | Sale | 100 | 57.8300 USD | ||||
common stock | Sale | 100 | 57.9100 USD | ||||
common stock | Sale | 100 | 58.8700 USD | ||||
common stock | Sale | 62 | 58.3759 USD | ||||
common stock | Sale | 50 | 58.1500 USD | ||||
common stock | Sale | 38 | 58.0734 USD | ||||
common stock | Sale | 38 | 58.0631 USD | ||||
common stock | Sale | 32 | 57.8893 USD | ||||
common stock | Sale | 21 | 58.3990 USD | ||||
common stock | Sale | 17 | 57.8800 USD | ||||
common stock | Sale | 16 | 58.4100 USD | ||||
common stock | Sale | 15 | 55.8600 EUR | ||||
common stock | Sale | 8 | 57.8200 USD | ||||
common stock | Sale | 6 | 58.5600 USD | ||||
common stock | Sale | 5 | 58.3700 USD | ||||
common stock | Sale | 5 | 58.9300 USD | ||||
common stock | Sale | 5 | 58.3500 USD | ||||
common stock | Sale | 4 | 58.1900 USD | ||||
common stock | Sale | 3 | 58.0900 USD | ||||
common stock | Sale | 2 | 58.2376 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 | 919 | 57.9774 USD | |||
common stock | SWAP | Decreasing Long | 121 | 57.9809 USD | |||
common stock | SWAP | Opening Long | 200 | 58.8796 USD | |||
common stock | SWAP | Closing Long | 200 | 59.1204 USD | |||
common stock | SWAP | Increasing Long | 350 | 57.9986 USD | |||
common stock | SWAP | Increasing Long | 1,927 | 58.1158 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 | |||||||
(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: | 30 Jan 2025 | ||||||
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 COMPANY | ||||||
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 | Call Options | Purchased | 29,100 | 60.0000 | American | 31 Jan 2025 | |
common stock | Call Options | Purchased | 31,000 | 63.0000 | American | 31 Jan 2025 | |
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: | |||||||