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: |
28 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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797,000 |
0.23% |
545,977 |
0.16% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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286,010 |
0.08% |
48,060 |
0.01% |
(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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1,083,010 |
0.31% |
594,037 |
0.17% |
(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 |
450,681 |
45.2532 USD |
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common stock |
Purchase |
253,834 |
45.1748 USD |
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common stock |
Purchase |
174,621 |
45.1803 USD |
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common stock |
Purchase |
161,474 |
45.3074 USD |
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common stock |
Purchase |
86,975 |
45.3591 USD |
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common stock |
Purchase |
69,861 |
45.3635 USD |
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common stock |
Purchase |
59,886 |
45.3845 USD |
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common stock |
Purchase |
55,601 |
45.1500 USD |
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common stock |
Purchase |
33,247 |
45.3055 USD |
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common stock |
Purchase |
30,040 |
45.3266 USD |
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common stock |
Purchase |
28,675 |
45.3286 USD |
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common stock |
Purchase |
19,912 |
45.2566 USD |
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common stock |
Purchase |
18,287 |
45.2746 USD |
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common stock |
Purchase |
7,768 |
45.1901 USD |
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common stock |
Purchase |
6,866 |
45.3072 USD |
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common stock |
Purchase |
6,076 |
45.3362 USD |
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common stock |
Purchase |
4,788 |
45.4313 USD |
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common stock |
Purchase |
3,333 |
45.2979 USD |
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common stock |
Purchase |
3,023 |
45.1519 USD |
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common stock |
Purchase |
2,651 |
45.2208 USD |
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common stock |
Purchase |
2,434 |
45.3023 USD |
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common stock |
Purchase |
2,192 |
45.2484 USD |
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common stock |
Purchase |
2,082 |
45.2290 USD |
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common stock |
Purchase |
1,993 |
45.2596 USD |
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common stock |
Purchase |
1,802 |
45.3551 USD |
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common stock |
Purchase |
1,546 |
45.3764 USD |
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common stock |
Purchase |
1,300 |
45.3417 USD |
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common stock |
Purchase |
1,206 |
45.4461 USD |
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common stock |
Purchase |
1,072 |
45.3060 USD |
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common stock |
Purchase |
976 |
45.3259 USD |
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common stock |
Purchase |
884 |
45.2878 USD |
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common stock |
Purchase |
778 |
45.3605 USD |
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common stock |
Purchase |
600 |
45.1350 USD |
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common stock |
Purchase |
373 |
45.2471 USD |
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common stock |
Purchase |
344 |
45.4225 USD |
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common stock |
Purchase |
341 |
45.4000 USD |
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common stock |
Purchase |
322 |
45.4287 USD |
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common stock |
Purchase |
214 |
45.3928 USD |
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common stock |
Purchase |
204 |
45.3917 USD |
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common stock |
Purchase |
200 |
45.4500 USD |
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common stock |
Purchase |
184 |
45.4198 USD |
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common stock |
Purchase |
161 |
45.4137 USD |
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common stock |
Purchase |
107 |
45.2800 USD |
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common stock |
Purchase |
100 |
45.1700 USD |
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common stock |
Purchase |
100 |
45.3800 USD |
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common stock |
Purchase |
100 |
45.2400 USD |
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common stock |
Purchase |
61 |
45.4300 USD |
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common stock |
Purchase |
23 |
45.3204 USD |
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common stock |
Purchase |
15 |
45.4400 USD |
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common stock |
Purchase |
12 |
45.6200 USD |
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common stock |
Purchase |
10 |
45.2600 USD |
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common stock |
Purchase |
7 |
45.4900 USD |
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common stock |
Purchase |
5 |
45.2000 USD |
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common stock |
Purchase |
5 |
45.2960 USD |
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common stock |
Sale |
901,362 |
45.2532 USD |
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common stock |
Sale |
201,517 |
45.2032 USD |
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common stock |
Sale |
58,338 |
45.3458 USD |
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common stock |
Sale |
55,396 |
45.3980 USD |
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common stock |
Sale |
53,431 |
45.2985 USD |
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common stock |
Sale |
30,777 |
45.1947 USD |
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common stock |
Sale |
28,457 |
45.2153 USD |
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common stock |
Sale |
22,865 |
45.1500 USD |
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common stock |
Sale |
20,386 |
45.2376 USD |
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common stock |
Sale |
19,912 |
45.2566 USD |
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common stock |
Sale |
18,369 |
45.3557 USD |
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common stock |
Sale |
13,749 |
45.2919 USD |
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common stock |
Sale |
8,761 |
45.3379 USD |
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common stock |
Sale |
8,560 |
45.2617 USD |
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common stock |
Sale |
7,501 |
45.2081 USD |
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common stock |
Sale |
5,737 |
45.2943 USD |
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common stock |
Sale |
5,400 |
45.2929 USD |
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common stock |
Sale |
5,033 |
45.2362 USD |
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common stock |
Sale |
3,537 |
45.2981 USD |
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common stock |
Sale |
2,726 |
45.2739 USD |
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common stock |
Sale |
2,410 |
45.3124 USD |
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common stock |
Sale |
2,280 |
45.4021 USD |
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common stock |
Sale |
2,031 |
45.3115 USD |
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common stock |
Sale |
1,541 |
45.2830 USD |
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common stock |
Sale |
1,490 |
45.3514 USD |
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common stock |
Sale |
1,370 |
45.3015 USD |
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common stock |
Sale |
1,300 |
45.3417 USD |
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common stock |
Sale |
1,300 |
45.3276 USD |
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common stock |
Sale |
1,291 |
45.2975 USD |
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common stock |
Sale |
1,208 |
45.3807 USD |
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common stock |
Sale |
1,072 |
45.3060 USD |
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common stock |
Sale |
1,022 |
45.3000 USD |
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common stock |
Sale |
1,000 |
45.2920 USD |
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common stock |
Sale |
976 |
45.3259 USD |
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common stock |
Sale |
809 |
45.3501 USD |
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common stock |
Sale |
809 |
45.3519 USD |
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common stock |
Sale |
758 |
45.3302 USD |
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common stock |
Sale |
700 |
45.4071 USD |
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common stock |
Sale |
600 |
45.3916 USD |
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common stock |
Sale |
597 |
45.3329 USD |
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common stock |
Sale |
500 |
45.1520 USD |
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common stock |
Sale |
469 |
45.3117 USD |
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common stock |
Sale |
400 |
45.3175 USD |
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common stock |
Sale |
400 |
45.2700 USD |
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common stock |
Sale |
373 |
45.2471 USD |
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common stock |
Sale |
338 |
45.3608 USD |
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common stock |
Sale |
296 |
45.3321 USD |
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common stock |
Sale |
202 |
45.4200 USD |
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common stock |
Sale |
200 |
45.3525 USD |
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common stock |
Sale |
200 |
45.3350 USD |
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common stock |
Sale |
155 |
45.4800 USD |
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common stock |
Sale |
144 |
45.4261 USD |
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common stock |
Sale |
100 |
45.1600 USD |
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common stock |
Sale |
100 |
45.2300 USD |
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common stock |
Sale |
100 |
45.1400 USD |
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common stock |
Sale |
100 |
45.0500 USD |
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common stock |
Sale |
50 |
45.4300 USD |
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common stock |
Sale |
35 |
45.3200 USD |
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common stock |
Sale |
24 |
45.6200 USD |
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common stock |
Sale |
23 |
45.4091 USD |
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common stock |
Sale |
23 |
45.3204 USD |
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common stock |
Sale |
15 |
45.4400 USD |
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common stock |
Sale |
10 |
45.2600 USD |
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common stock |
Sale |
5 |
45.2000 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 |
1,800 |
46.0000 USD |
American |
07 Jun 2024 |
0.9000 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: |
29 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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