18th Jul 2024 15:07
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: | 17 Jul 2024 | |||||
(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: | 809,125 | 0.23% | 418,142 | 0.12% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 76,162 | 0.02% | 0 | 0.00% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 24,200 | 0.01% | 24,700 | 0.01% | |||
TOTAL: | 909,487 | 0.26% | 442,842 | 0.13% | |||
(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 | 222,500 | 45.8077 USD | ||||
common stock | Purchase | 64,589 | 45.6753 USD | ||||
common stock | Purchase | 62,335 | 45.7703 USD | ||||
common stock | Purchase | 56,461 | 45.6902 USD | ||||
common stock | Purchase | 38,023 | 45.9600 USD | ||||
common stock | Purchase | 30,191 | 45.7500 USD | ||||
common stock | Purchase | 29,807 | 45.5868 USD | ||||
common stock | Purchase | 20,757 | 45.7587 USD | ||||
common stock | Purchase | 13,391 | 45.8821 USD | ||||
common stock | Purchase | 11,473 | 45.7650 USD | ||||
common stock | Purchase | 8,111 | 45.6706 USD | ||||
common stock | Purchase | 5,490 | 45.7210 USD | ||||
common stock | Purchase | 5,023 | 45.7977 USD | ||||
common stock | Purchase | 4,638 | 45.7816 USD | ||||
common stock | Purchase | 4,616 | 45.8658 USD | ||||
common stock | Purchase | 4,071 | 45.5708 USD | ||||
common stock | Purchase | 3,965 | 45.7830 USD | ||||
common stock | Purchase | 2,552 | 45.7344 USD | ||||
common stock | Purchase | 2,122 | 45.6371 USD | ||||
common stock | Purchase | 1,811 | 45.8622 USD | ||||
common stock | Purchase | 1,651 | 45.7463 USD | ||||
common stock | Purchase | 1,315 | 45.7415 USD | ||||
common stock | Purchase | 1,120 | 45.5174 USD | ||||
common stock | Purchase | 1,022 | 45.7613 USD | ||||
common stock | Purchase | 814 | 45.6201 USD | ||||
common stock | Purchase | 810 | 45.4887 USD | ||||
common stock | Purchase | 663 | 45.5990 USD | ||||
common stock | Purchase | 572 | 45.9888 USD | ||||
common stock | Purchase | 503 | 45.9790 USD | ||||
common stock | Purchase | 452 | 45.8361 USD | ||||
common stock | Purchase | 434 | 45.8036 USD | ||||
common stock | Purchase | 400 | 45.3200 USD | ||||
common stock | Purchase | 283 | 45.8318 USD | ||||
common stock | Purchase | 240 | 45.6638 USD | ||||
common stock | Purchase | 240 | 45.9333 USD | ||||
common stock | Purchase | 200 | 45.9500 USD | ||||
common stock | Purchase | 200 | 45.6700 USD | ||||
common stock | Purchase | 200 | 45.8400 USD | ||||
common stock | Purchase | 169 | 45.6404 USD | ||||
common stock | Purchase | 126 | 45.6644 USD | ||||
common stock | Purchase | 100 | 45.4100 USD | ||||
common stock | Purchase | 100 | 45.9400 USD | ||||
common stock | Purchase | 100 | 45.9900 USD | ||||
common stock | Purchase | 94 | 45.8650 USD | ||||
common stock | Purchase | 35 | 45.6200 USD | ||||
common stock | Purchase | 16 | 45.7787 USD | ||||
common stock | Sale | 137,000 | 45.7749 USD | ||||
common stock | Sale | 76,785 | 45.8937 USD | ||||
common stock | Sale | 71,374 | 45.6577 USD | ||||
common stock | Sale | 68,602 | 45.8090 USD | ||||
common stock | Sale | 46,619 | 45.7784 USD | ||||
common stock | Sale | 31,010 | 45.8059 USD | ||||
common stock | Sale | 20,163 | 45.9013 USD | ||||
common stock | Sale | 16,869 | 45.8577 USD | ||||
common stock | Sale | 15,911 | 45.7454 USD | ||||
common stock | Sale | 15,344 | 45.5710 USD | ||||
common stock | Sale | 14,200 | 45.2624 USD | ||||
common stock | Sale | 10,384 | 45.7500 USD | ||||
common stock | Sale | 6,851 | 45.9210 USD | ||||
common stock | Sale | 6,467 | 45.6272 USD | ||||
common stock | Sale | 6,166 | 45.6962 USD | ||||
common stock | Sale | 5,490 | 45.7210 USD | ||||
common stock | Sale | 5,023 | 45.7977 USD | ||||
common stock | Sale | 4,022 | 45.7465 USD | ||||
common stock | Sale | 3,003 | 45.7998 USD | ||||
common stock | Sale | 2,357 | 45.7396 USD | ||||
common stock | Sale | 2,122 | 45.5074 USD | ||||
common stock | Sale | 1,637 | 45.7781 USD | ||||
common stock | Sale | 1,613 | 45.9886 USD | ||||
common stock | Sale | 1,529 | 45.8893 USD | ||||
common stock | Sale | 1,521 | 45.8969 USD | ||||
common stock | Sale | 1,256 | 45.9541 USD | ||||
common stock | Sale | 1,120 | 45.5174 USD | ||||
common stock | Sale | 997 | 45.7754 USD | ||||
common stock | Sale | 936 | 45.8351 USD | ||||
common stock | Sale | 663 | 45.5990 USD | ||||
common stock | Sale | 504 | 45.8964 USD | ||||
common stock | Sale | 447 | 45.8745 USD | ||||
common stock | Sale | 398 | 45.6703 USD | ||||
common stock | Sale | 324 | 45.6046 USD | ||||
common stock | Sale | 321 | 45.6201 USD | ||||
common stock | Sale | 312 | 45.7682 USD | ||||
common stock | Sale | 294 | 45.9146 USD | ||||
common stock | Sale | 257 | 45.7631 USD | ||||
common stock | Sale | 229 | 45.4050 USD | ||||
common stock | Sale | 200 | 45.4100 USD | ||||
common stock | Sale | 200 | 45.6050 USD | ||||
common stock | Sale | 100 | 45.6000 USD | ||||
common stock | Sale | 100 | 45.6700 USD | ||||
common stock | Sale | 100 | 45.9300 USD | ||||
common stock | Sale | 98 | 45.7683 USD | ||||
common stock | Sale | 94 | 45.8650 USD | ||||
common stock | Sale | 38 | 45.8892 USD | ||||
common stock | Sale | 35 | 45.6200 USD | ||||
common stock | Sale | 34 | 45.5625 USD | ||||
common stock | Sale | 25 | 45.2000 USD | ||||
common stock | Sale | 17 | 45.9500 USD | ||||
common stock | Sale | 4 | 45.5600 USD | ||||
common stock | Sale | 3 | 45.7800 USD | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description | reference | unit | ||||
security | securities | ||||||
(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: | 18 Jul 2024 | ||||||
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 | Put Options | Purchased | -24,700 | 43.0000 | American | 16 Aug 2024 | |
common stock | Put Options | Written | 24,200 | 43.0000 | American | 19 Jul 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