23rd Aug 2024 14:46
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: | 22 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: | 776,850 | 0.22% | 480,159 | 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: | 1,050,593 | 0.30% | 480,159 | 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 | 73,393 | 47.9528 USD | ||||
common stock | Purchase | 70,803 | 47.9636 USD | ||||
common stock | Purchase | 33,152 | 47.9600 USD | ||||
common stock | Purchase | 23,951 | 47.9782 USD | ||||
common stock | Purchase | 11,507 | 47.9331 USD | ||||
common stock | Purchase | 7,096 | 48.0325 USD | ||||
common stock | Purchase | 5,656 | 47.9594 USD | ||||
common stock | Purchase | 5,274 | 48.0418 USD | ||||
common stock | Purchase | 2,983 | 48.0840 USD | ||||
common stock | Purchase | 2,735 | 47.9398 USD | ||||
common stock | Purchase | 1,792 | 48.0698 USD | ||||
common stock | Purchase | 1,375 | 48.0357 USD | ||||
common stock | Purchase | 1,296 | 47.9516 USD | ||||
common stock | Purchase | 1,263 | 48.0787 USD | ||||
common stock | Purchase | 891 | 47.9669 USD | ||||
common stock | Purchase | 818 | 48.0020 USD | ||||
common stock | Purchase | 785 | 48.0019 USD | ||||
common stock | Purchase | 704 | 48.0307 USD | ||||
common stock | Purchase | 372 | 48.0718 USD | ||||
common stock | Purchase | 301 | 47.8788 USD | ||||
common stock | Purchase | 167 | 47.9513 USD | ||||
common stock | Purchase | 138 | 48.1027 USD | ||||
common stock | Purchase | 113 | 47.9499 USD | ||||
common stock | Purchase | 102 | 47.9400 USD | ||||
common stock | Purchase | 77 | 48.1019 USD | ||||
common stock | Purchase | 66 | 48.0798 USD | ||||
common stock | Purchase | 24 | 47.8700 USD | ||||
common stock | Purchase | 20 | 48.2500 USD | ||||
common stock | Purchase | 10 | 47.8680 USD | ||||
common stock | Sale | 85,689 | 47.9495 USD | ||||
common stock | Sale | 63,866 | 47.9610 USD | ||||
common stock | Sale | 41,425 | 47.9600 USD | ||||
common stock | Sale | 30,415 | 47.9869 USD | ||||
common stock | Sale | 5,656 | 47.9594 USD | ||||
common stock | Sale | 5,620 | 48.0296 USD | ||||
common stock | Sale | 5,455 | 48.0460 USD | ||||
common stock | Sale | 3,679 | 48.0237 USD | ||||
common stock | Sale | 2,000 | 47.9570 USD | ||||
common stock | Sale | 1,899 | 48.1002 USD | ||||
common stock | Sale | 1,432 | 48.0349 USD | ||||
common stock | Sale | 1,275 | 47.9590 USD | ||||
common stock | Sale | 1,251 | 47.9669 USD | ||||
common stock | Sale | 848 | 48.0552 USD | ||||
common stock | Sale | 639 | 48.0042 USD | ||||
common stock | Sale | 562 | 47.9980 USD | ||||
common stock | Sale | 522 | 47.9402 USD | ||||
common stock | Sale | 404 | 48.0936 USD | ||||
common stock | Sale | 400 | 48.0125 USD | ||||
common stock | Sale | 400 | 47.8925 USD | ||||
common stock | Sale | 321 | 48.0509 USD | ||||
common stock | Sale | 301 | 47.8788 USD | ||||
common stock | Sale | 242 | 48.1100 USD | ||||
common stock | Sale | 207 | 47.9503 USD | ||||
common stock | Sale | 120 | 48.1600 USD | ||||
common stock | Sale | 105 | 48.1085 USD | ||||
common stock | Sale | 89 | 48.2292 USD | ||||
common stock | Sale | 52 | 48.0762 USD | ||||
common stock | Sale | 20 | 48.2500 USD | ||||
common stock | Sale | 10 | 48.0100 USD | ||||
common stock | Sale | 10 | 48.0950 USD | ||||
common stock | Sale | 5 | 48.1700 USD | ||||
common stock | Sale | 3 | 48.0900 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 |
(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? | YES | ||||||
Date of disclosure: | 23 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
| |||||||
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 | ||||||
| |||||||
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: | |||||||
| |||||||
Related Shares:
Barclays