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: |
29 Jul 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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821,307 |
0.24% |
475,059 |
0.14% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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135,562 |
0.04% |
0 |
0.00% |
(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
24,700 |
0.01% |
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TOTAL: |
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956,869 |
0.28% |
499,759 |
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 |
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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 |
88,719 |
46.6445 USD |
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common stock |
Purchase |
61,970 |
46.5968 USD |
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common stock |
Purchase |
54,321 |
46.6985 USD |
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common stock |
Purchase |
33,369 |
46.6136 USD |
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common stock |
Purchase |
31,952 |
46.6133 USD |
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common stock |
Purchase |
29,576 |
46.6232 USD |
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common stock |
Purchase |
11,891 |
46.6400 USD |
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common stock |
Purchase |
11,128 |
46.5752 USD |
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common stock |
Purchase |
10,890 |
46.6294 USD |
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common stock |
Purchase |
8,787 |
46.6504 USD |
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common stock |
Purchase |
3,934 |
46.5721 USD |
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common stock |
Purchase |
2,799 |
46.7061 USD |
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common stock |
Purchase |
2,378 |
46.5924 USD |
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common stock |
Purchase |
2,049 |
46.6276 USD |
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common stock |
Purchase |
1,362 |
46.6897 USD |
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common stock |
Purchase |
1,297 |
46.6765 USD |
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common stock |
Purchase |
1,241 |
46.6263 USD |
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common stock |
Purchase |
810 |
46.6914 USD |
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common stock |
Purchase |
774 |
46.6182 USD |
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common stock |
Purchase |
614 |
46.6559 USD |
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common stock |
Purchase |
585 |
46.6077 USD |
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common stock |
Purchase |
488 |
46.8069 USD |
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common stock |
Purchase |
300 |
46.8300 USD |
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common stock |
Purchase |
220 |
46.4653 USD |
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common stock |
Purchase |
213 |
46.4549 USD |
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common stock |
Purchase |
205 |
46.5082 USD |
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common stock |
Purchase |
187 |
46.4840 USD |
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common stock |
Purchase |
139 |
46.4900 USD |
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common stock |
Purchase |
107 |
46.6322 USD |
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common stock |
Purchase |
100 |
46.6300 USD |
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common stock |
Purchase |
100 |
46.5000 USD |
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common stock |
Purchase |
55 |
46.5218 USD |
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common stock |
Purchase |
34 |
46.6388 USD |
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common stock |
Purchase |
21 |
46.4423 USD |
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common stock |
Purchase |
12 |
46.7250 USD |
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common stock |
Purchase |
4 |
46.8800 USD |
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common stock |
Purchase |
3 |
43.1000 EUR |
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common stock |
Sale |
139,833 |
46.6402 USD |
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common stock |
Sale |
32,326 |
46.6703 USD |
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common stock |
Sale |
31,146 |
46.5683 USD |
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common stock |
Sale |
23,896 |
46.6400 USD |
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common stock |
Sale |
18,420 |
46.6264 USD |
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common stock |
Sale |
17,708 |
46.6300 USD |
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common stock |
Sale |
13,527 |
46.6023 USD |
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common stock |
Sale |
12,368 |
46.6126 USD |
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common stock |
Sale |
12,009 |
46.7372 USD |
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common stock |
Sale |
9,095 |
46.6551 USD |
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common stock |
Sale |
6,876 |
46.6771 USD |
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common stock |
Sale |
6,421 |
46.5842 USD |
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common stock |
Sale |
6,108 |
46.6011 USD |
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common stock |
Sale |
4,159 |
46.6055 USD |
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common stock |
Sale |
3,836 |
46.4551 USD |
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common stock |
Sale |
2,908 |
46.5646 USD |
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common stock |
Sale |
2,712 |
46.7153 USD |
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common stock |
Sale |
2,694 |
46.6982 USD |
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common stock |
Sale |
2,369 |
46.6236 USD |
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common stock |
Sale |
2,286 |
46.5631 USD |
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common stock |
Sale |
2,212 |
46.7585 USD |
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common stock |
Sale |
2,181 |
46.8095 USD |
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common stock |
Sale |
1,850 |
46.5875 USD |
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common stock |
Sale |
1,525 |
46.5591 USD |
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common stock |
Sale |
1,327 |
46.6213 USD |
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common stock |
Sale |
1,274 |
46.6279 USD |
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common stock |
Sale |
1,241 |
46.6263 USD |
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common stock |
Sale |
1,228 |
46.6559 USD |
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common stock |
Sale |
1,190 |
46.7687 USD |
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common stock |
Sale |
1,001 |
46.5628 USD |
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common stock |
Sale |
940 |
46.5370 USD |
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common stock |
Sale |
903 |
46.5576 USD |
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common stock |
Sale |
806 |
46.5838 USD |
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common stock |
Sale |
585 |
46.6077 USD |
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common stock |
Sale |
536 |
46.6423 USD |
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common stock |
Sale |
300 |
46.8300 USD |
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common stock |
Sale |
300 |
46.6712 USD |
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common stock |
Sale |
240 |
46.5658 USD |
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common stock |
Sale |
212 |
46.5684 USD |
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common stock |
Sale |
200 |
46.5850 USD |
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common stock |
Sale |
200 |
46.6600 USD |
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common stock |
Sale |
192 |
46.7600 USD |
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common stock |
Sale |
154 |
46.7348 USD |
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common stock |
Sale |
148 |
46.5207 USD |
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common stock |
Sale |
140 |
46.4900 USD |
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common stock |
Sale |
107 |
46.6322 USD |
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common stock |
Sale |
105 |
46.6509 USD |
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common stock |
Sale |
100 |
46.7400 USD |
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common stock |
Sale |
100 |
46.8409 USD |
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common stock |
Sale |
100 |
46.5300 USD |
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common stock |
Sale |
79 |
46.6203 USD |
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common stock |
Sale |
68 |
46.6388 USD |
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common stock |
Sale |
39 |
46.3447 USD |
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common stock |
Sale |
35 |
46.8663 USD |
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common stock |
Sale |
20 |
46.3600 USD |
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common stock |
Sale |
3 |
43.1000 EUR |
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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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(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? |
YES |
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Date of disclosure: |
30 Jul 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO |
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PURCHASE OR SELL ETC. |
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Note 5(i) on Rule 8 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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Identity of the person whose positions/dealings |
Barclays PLC. |
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are being disclosed: |
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Name of offeror/offeree in relation to whose |
INTERNATIONAL PAPER CO |
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relevant securities this from relates: |
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2. |
OPTIONS AND DERIVATIVES |
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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 |
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common stock |
Put Options |
Purchased |
-24,700 |
43.0000 |
American |
16 Aug 2024 |
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3. |
AGREEMENTS TO PURCHASE OR SELL ETC. |
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Full details should be given so that the nature of the interest or position can be fully understood: |
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