16th Sep 2024 15:25
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 |
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| 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 |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 13 Sep 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | YES: |
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| disclosures in respect of any other party to the offer? | DS SMITH PLC |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | common stock | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 816,117 | 0.23% | 484,286 | 0.14% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 367,222 | 0.11% | 0 | 0.00% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 123,800 | 0.04% | 0 | 0.00% |
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| TOTAL: |
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| 1,307,139 | 0.38% | 484,286 | 0.14% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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common stock | Purchase | 85,621 | 48.8184 USD | ||||
common stock | Purchase | 37,676 | 48.7000 USD | ||||
common stock | Purchase | 33,232 | 48.7561 USD | ||||
common stock | Purchase | 16,222 | 48.8269 USD | ||||
common stock | Purchase | 11,712 | 48.8805 USD | ||||
common stock | Purchase | 9,646 | 48.6906 USD | ||||
common stock | Purchase | 9,302 | 48.7283 USD | ||||
common stock | Purchase | 7,489 | 48.7458 USD | ||||
common stock | Purchase | 5,741 | 48.9147 USD | ||||
common stock | Purchase | 5,700 | 48.7500 USD | ||||
common stock | Purchase | 3,706 | 48.7667 USD | ||||
common stock | Purchase | 3,699 | 48.7021 USD | ||||
common stock | Purchase | 2,206 | 48.8925 USD | ||||
common stock | Purchase | 1,809 | 48.7639 USD | ||||
common stock | Purchase | 1,481 | 48.9152 USD | ||||
common stock | Purchase | 1,336 | 49.1107 USD | ||||
common stock | Purchase | 1,097 | 48.8917 USD | ||||
common stock | Purchase | 959 | 48.9534 USD | ||||
common stock | Purchase | 835 | 48.6999 USD | ||||
common stock | Purchase | 807 | 48.8128 USD | ||||
common stock | Purchase | 800 | 48.9362 USD | ||||
common stock | Purchase | 694 | 48.9706 USD | ||||
common stock | Purchase | 597 | 48.7254 USD | ||||
common stock | Purchase | 500 | 48.9620 USD | ||||
common stock | Purchase | 500 | 48.8915 USD | ||||
common stock | Purchase | 300 | 48.9366 USD | ||||
common stock | Purchase | 279 | 48.7200 USD | ||||
common stock | Purchase | 200 | 48.8400 USD | ||||
common stock | Purchase | 200 | 49.0000 USD | ||||
common stock | Purchase | 144 | 48.8934 USD | ||||
common stock | Purchase | 120 | 48.7472 USD | ||||
common stock | Purchase | 105 | 48.8350 USD | ||||
common stock | Purchase | 100 | 48.8900 USD | ||||
common stock | Purchase | 100 | 48.9350 USD | ||||
common stock | Purchase | 81 | 48.7900 USD | ||||
common stock | Purchase | 68 | 48.8300 USD | ||||
common stock | Purchase | 24 | 48.7800 USD | ||||
common stock | Purchase | 18 | 48.8800 USD | ||||
common stock | Purchase | 7 | 48.8700 USD | ||||
common stock | Sale | 30,263 | 48.7193 USD | ||||
common stock | Sale | 28,186 | 48.7599 USD | ||||
common stock | Sale | 27,538 | 48.7000 USD | ||||
common stock | Sale | 25,624 | 48.8260 USD | ||||
common stock | Sale | 12,581 | 48.8167 USD | ||||
common stock | Sale | 10,455 | 48.8497 USD | ||||
common stock | Sale | 10,367 | 48.8007 USD | ||||
common stock | Sale | 9,510 | 48.8511 USD | ||||
common stock | Sale | 8,810 | 48.8640 USD | ||||
common stock | Sale | 8,256 | 48.7722 USD | ||||
common stock | Sale | 7,489 | 48.7458 USD | ||||
common stock | Sale | 7,382 | 48.8176 USD | ||||
common stock | Sale | 7,203 | 48.8952 USD | ||||
common stock | Sale | 7,094 | 49.0366 USD | ||||
common stock | Sale | 5,786 | 48.7044 USD | ||||
common stock | Sale | 5,700 | 48.7500 USD | ||||
common stock | Sale | 5,298 | 48.7116 USD | ||||
common stock | Sale | 3,924 | 48.8884 USD | ||||
common stock | Sale | 3,706 | 48.7667 USD | ||||
common stock | Sale | 2,600 | 48.8646 USD | ||||
common stock | Sale | 2,243 | 48.7237 USD | ||||
common stock | Sale | 2,120 | 48.7732 USD | ||||
common stock | Sale | 1,431 | 48.7673 USD | ||||
common stock | Sale | 1,165 | 48.7361 USD | ||||
common stock | Sale | 972 | 48.9462 USD | ||||
common stock | Sale | 900 | 48.8888 USD | ||||
common stock | Sale | 739 | 48.7756 USD | ||||
common stock | Sale | 691 | 48.9714 USD | ||||
common stock | Sale | 681 | 48.9004 USD | ||||
common stock | Sale | 664 | 48.9807 USD | ||||
common stock | Sale | 500 | 48.8915 USD | ||||
common stock | Sale | 428 | 48.7498 USD | ||||
common stock | Sale | 380 | 48.7341 USD | ||||
common stock | Sale | 365 | 48.7483 USD | ||||
common stock | Sale | 279 | 48.7200 USD | ||||
common stock | Sale | 258 | 48.7300 USD | ||||
common stock | Sale | 231 | 48.7860 USD | ||||
common stock | Sale | 210 | 48.8350 USD | ||||
common stock | Sale | 200 | 49.0000 USD | ||||
common stock | Sale | 175 | 48.8950 USD | ||||
common stock | Sale | 159 | 48.6900 USD | ||||
common stock | Sale | 140 | 48.8100 USD | ||||
common stock | Sale | 120 | 48.7472 USD | ||||
common stock | Sale | 114 | 48.7324 USD | ||||
common stock | Sale | 100 | 48.8900 USD | ||||
common stock | Sale | 100 | 48.9350 USD | ||||
common stock | Sale | 100 | 48.7700 USD | ||||
common stock | Sale | 100 | 48.8000 USD | ||||
common stock | Sale | 85 | 48.8200 USD | ||||
common stock | Sale | 7 | 48.7071 USD | ||||
common stock | Sale | 3 | 48.8033 USD | ||||
common stock | Sale | 2 | 48.7650 USD | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
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security |
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common stock | SWAP | Increasing Long | 3,692 | 48.7387 USD | |||
common stock | SWAP | Decreasing Long | 4,002 | 48.7025 USD | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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| securities | unit | |||
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | YES | ||||||
Date of disclosure: | 16 Sep 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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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 CO | ||||||
relevant securities this from relates: | |||||||
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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 | |
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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