FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
INTERNATIONAL PAPER COMPANY |
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relevant securities this form relates: |
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(d) |
If an exempt fund manager connected with an |
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offeror/offeree, state this and specify identity of |
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offeror/offeree: |
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(e) |
Date position held/dealing undertaken: |
17 May 2024 |
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(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 |
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(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 |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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727,707 |
0.21% |
577,900 |
0.17% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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324,435 |
0.09% |
56,070 |
0.02% |
(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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1,052,142 |
0.30% |
633,970 |
0.18% |
(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 |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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common stock |
Purchase |
155,363 |
40.6461 USD |
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common stock |
Purchase |
67,196 |
40.6360 USD |
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common stock |
Purchase |
36,453 |
40.6335 USD |
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common stock |
Purchase |
36,201 |
40.6334 USD |
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common stock |
Purchase |
28,317 |
40.6785 USD |
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common stock |
Purchase |
12,942 |
40.6426 USD |
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common stock |
Purchase |
11,941 |
40.6487 USD |
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common stock |
Purchase |
6,390 |
40.6813 USD |
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common stock |
Purchase |
5,777 |
40.6400 USD |
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common stock |
Purchase |
5,386 |
40.6333 USD |
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common stock |
Purchase |
4,027 |
40.6486 USD |
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common stock |
Purchase |
3,000 |
40.6106 USD |
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common stock |
Purchase |
3,000 |
40.6107 USD |
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common stock |
Purchase |
2,579 |
40.6579 USD |
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common stock |
Purchase |
1,032 |
40.6192 USD |
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common stock |
Purchase |
900 |
40.7744 USD |
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common stock |
Purchase |
686 |
40.7692 USD |
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common stock |
Purchase |
517 |
40.5984 USD |
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common stock |
Purchase |
490 |
40.6765 USD |
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common stock |
Purchase |
450 |
40.6448 USD |
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common stock |
Purchase |
414 |
40.7724 USD |
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common stock |
Purchase |
363 |
40.6555 USD |
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common stock |
Purchase |
363 |
40.6821 USD |
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common stock |
Purchase |
300 |
40.7666 USD |
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common stock |
Purchase |
300 |
40.5983 USD |
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common stock |
Purchase |
297 |
40.6718 USD |
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common stock |
Purchase |
228 |
40.5500 USD |
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common stock |
Purchase |
209 |
40.6200 USD |
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common stock |
Purchase |
200 |
40.5600 USD |
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common stock |
Purchase |
137 |
40.7063 USD |
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common stock |
Purchase |
120 |
40.6800 USD |
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common stock |
Purchase |
112 |
40.6700 USD |
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common stock |
Purchase |
100 |
40.6150 USD |
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common stock |
Purchase |
100 |
37.1200 EUR |
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common stock |
Purchase |
100 |
40.5800 USD |
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common stock |
Purchase |
100 |
40.5950 USD |
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common stock |
Purchase |
100 |
40.6300 USD |
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common stock |
Purchase |
100 |
40.6050 USD |
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common stock |
Purchase |
89 |
40.7463 USD |
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common stock |
Purchase |
51 |
40.7700 USD |
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common stock |
Purchase |
33 |
40.6500 USD |
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common stock |
Purchase |
1 |
40.6600 USD |
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common stock |
Sale |
99,831 |
40.6413 USD |
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common stock |
Sale |
73,013 |
40.6367 USD |
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common stock |
Sale |
36,453 |
40.6335 USD |
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common stock |
Sale |
23,985 |
40.6538 USD |
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common stock |
Sale |
17,233 |
40.6478 USD |
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common stock |
Sale |
14,358 |
40.6509 USD |
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common stock |
Sale |
13,998 |
40.6472 USD |
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common stock |
Sale |
12,826 |
40.7213 USD |
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common stock |
Sale |
11,967 |
40.6552 USD |
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common stock |
Sale |
7,324 |
40.6473 USD |
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common stock |
Sale |
6,025 |
40.6599 USD |
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common stock |
Sale |
5,731 |
40.6898 USD |
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common stock |
Sale |
5,262 |
40.6312 USD |
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common stock |
Sale |
5,057 |
40.5709 USD |
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common stock |
Sale |
4,935 |
40.6618 USD |
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common stock |
Sale |
4,775 |
40.6891 USD |
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common stock |
Sale |
3,920 |
40.6400 USD |
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common stock |
Sale |
3,592 |
40.6317 USD |
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common stock |
Sale |
3,517 |
40.7293 USD |
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common stock |
Sale |
3,504 |
40.6399 USD |
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common stock |
Sale |
3,000 |
40.6107 USD |
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common stock |
Sale |
3,000 |
40.6106 USD |
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common stock |
Sale |
2,885 |
40.6528 USD |
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common stock |
Sale |
2,454 |
40.6502 USD |
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common stock |
Sale |
2,432 |
40.6192 USD |
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common stock |
Sale |
2,351 |
40.7715 USD |
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common stock |
Sale |
2,260 |
40.6293 USD |
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common stock |
Sale |
2,259 |
40.6676 USD |
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common stock |
Sale |
1,686 |
40.6493 USD |
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common stock |
Sale |
1,500 |
40.6350 USD |
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common stock |
Sale |
1,400 |
40.6357 USD |
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common stock |
Sale |
1,273 |
40.6895 USD |
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common stock |
Sale |
1,212 |
40.6006 USD |
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common stock |
Sale |
600 |
40.6650 USD |
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common stock |
Sale |
598 |
40.6384 USD |
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common stock |
Sale |
490 |
40.6765 USD |
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common stock |
Sale |
463 |
40.6869 USD |
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common stock |
Sale |
450 |
40.6866 USD |
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common stock |
Sale |
450 |
40.6448 USD |
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common stock |
Sale |
400 |
40.6175 USD |
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common stock |
Sale |
390 |
40.6150 USD |
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common stock |
Sale |
382 |
40.6842 USD |
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common stock |
Sale |
363 |
40.6821 USD |
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common stock |
Sale |
250 |
40.6780 USD |
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common stock |
Sale |
244 |
40.6888 USD |
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common stock |
Sale |
228 |
40.5500 USD |
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common stock |
Sale |
201 |
40.6675 USD |
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common stock |
Sale |
200 |
40.6000 USD |
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common stock |
Sale |
120 |
40.6800 USD |
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common stock |
Sale |
100 |
37.1200 EUR |
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common stock |
Sale |
100 |
40.6050 USD |
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common stock |
Sale |
100 |
40.5600 USD |
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common stock |
Sale |
33 |
40.6500 USD |
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common stock |
Sale |
27 |
40.7200 USD |
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common stock |
Sale |
1 |
40.5150 USD |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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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 |
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date |
money |
relevant |
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selling, |
securities |
per unit |
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paid/ |
security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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common stock |
Call Options |
Selling |
600 |
USD |
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0.8000 USD |
common stock |
Call Options |
Selling |
4,700 |
USD |
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1.8625 USD |
common stock |
Call Options |
Selling |
21,600 |
USD |
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1.4150 USD |
common stock |
Call Options |
Selling |
6,800 |
USD |
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2.4227 USD |
common stock |
Call Options |
Selling |
9,700 |
USD |
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3.2896 USD |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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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 |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(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 |
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(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 |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
20 May 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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