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: |
07 Aug 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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801,537 |
0.23% |
487,160 |
0.14% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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168,662 |
0.05% |
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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970,199 |
0.28% |
511,860 |
0.15% |
(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 |
130,092 |
44.7103 USD |
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common stock |
Purchase |
50,658 |
44.7358 USD |
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common stock |
Purchase |
49,681 |
44.6474 USD |
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common stock |
Purchase |
40,763 |
44.7459 USD |
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common stock |
Purchase |
36,640 |
44.5450 USD |
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common stock |
Purchase |
22,630 |
44.6400 USD |
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common stock |
Purchase |
13,222 |
44.9072 USD |
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common stock |
Purchase |
12,314 |
44.3169 USD |
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common stock |
Purchase |
11,302 |
44.2800 USD |
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common stock |
Purchase |
9,077 |
44.2809 USD |
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common stock |
Purchase |
8,837 |
44.6631 USD |
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common stock |
Purchase |
8,790 |
44.9485 USD |
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common stock |
Purchase |
8,660 |
44.6295 USD |
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common stock |
Purchase |
2,826 |
44.4142 USD |
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common stock |
Purchase |
2,645 |
45.1110 USD |
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common stock |
Purchase |
2,200 |
44.3800 USD |
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common stock |
Purchase |
2,171 |
44.5622 USD |
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common stock |
Purchase |
1,920 |
44.7948 USD |
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common stock |
Purchase |
1,454 |
44.8982 USD |
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common stock |
Purchase |
1,100 |
44.8836 USD |
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common stock |
Purchase |
1,010 |
45.0375 USD |
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common stock |
Purchase |
868 |
44.5314 USD |
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common stock |
Purchase |
691 |
44.5368 USD |
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common stock |
Purchase |
578 |
44.3810 USD |
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common stock |
Purchase |
418 |
44.9584 USD |
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common stock |
Purchase |
370 |
45.1619 USD |
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common stock |
Purchase |
354 |
44.5962 USD |
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common stock |
Purchase |
331 |
44.9800 USD |
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common stock |
Purchase |
154 |
44.9809 USD |
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common stock |
Purchase |
120 |
44.5425 USD |
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common stock |
Purchase |
114 |
44.3293 USD |
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common stock |
Purchase |
100 |
44.2600 USD |
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common stock |
Purchase |
96 |
44.3586 USD |
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common stock |
Purchase |
83 |
44.5928 USD |
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common stock |
Purchase |
81 |
44.9827 USD |
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common stock |
Purchase |
35 |
44.5485 USD |
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common stock |
Purchase |
30 |
44.4200 USD |
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common stock |
Purchase |
27 |
45.0185 USD |
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common stock |
Purchase |
26 |
44.9976 USD |
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common stock |
Purchase |
15 |
44.9900 USD |
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common stock |
Purchase |
2 |
44.3600 USD |
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common stock |
Sale |
72,058 |
44.5863 USD |
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common stock |
Sale |
59,006 |
44.7695 USD |
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common stock |
Sale |
46,413 |
44.5904 USD |
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common stock |
Sale |
31,532 |
44.6923 USD |
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common stock |
Sale |
29,405 |
44.8096 USD |
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common stock |
Sale |
17,736 |
44.6009 USD |
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common stock |
Sale |
15,059 |
44.6781 USD |
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common stock |
Sale |
13,652 |
44.2800 USD |
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common stock |
Sale |
13,222 |
44.9072 USD |
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common stock |
Sale |
12,307 |
44.7926 USD |
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common stock |
Sale |
11,207 |
44.2991 USD |
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common stock |
Sale |
11,081 |
44.5235 USD |
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common stock |
Sale |
9,100 |
44.5842 USD |
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common stock |
Sale |
9,077 |
44.2809 USD |
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common stock |
Sale |
8,369 |
44.6197 USD |
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common stock |
Sale |
7,372 |
44.2808 USD |
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common stock |
Sale |
6,535 |
45.0163 USD |
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common stock |
Sale |
4,860 |
44.6865 USD |
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common stock |
Sale |
4,513 |
44.5623 USD |
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common stock |
Sale |
4,481 |
44.9491 USD |
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common stock |
Sale |
4,236 |
44.6011 USD |
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common stock |
Sale |
3,937 |
44.9953 USD |
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common stock |
Sale |
3,812 |
44.9887 USD |
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common stock |
Sale |
2,323 |
44.9372 USD |
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common stock |
Sale |
2,200 |
44.3800 USD |
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common stock |
Sale |
1,605 |
44.5122 USD |
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common stock |
Sale |
1,500 |
44.2783 USD |
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common stock |
Sale |
1,411 |
44.4013 USD |
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common stock |
Sale |
900 |
44.7888 USD |
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common stock |
Sale |
743 |
44.9800 USD |
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common stock |
Sale |
728 |
44.9732 USD |
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common stock |
Sale |
700 |
44.5297 USD |
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common stock |
Sale |
700 |
45.2057 USD |
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common stock |
Sale |
678 |
44.7104 USD |
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common stock |
Sale |
644 |
45.0722 USD |
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common stock |
Sale |
600 |
45.1066 USD |
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common stock |
Sale |
600 |
45.1233 USD |
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common stock |
Sale |
600 |
44.8683 USD |
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common stock |
Sale |
578 |
44.3810 USD |
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common stock |
Sale |
481 |
44.9651 USD |
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common stock |
Sale |
471 |
45.0272 USD |
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common stock |
Sale |
418 |
44.9584 USD |
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common stock |
Sale |
402 |
44.5176 USD |
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common stock |
Sale |
400 |
44.6825 USD |
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common stock |
Sale |
370 |
45.1619 USD |
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common stock |
Sale |
200 |
44.6850 USD |
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common stock |
Sale |
200 |
45.1600 USD |
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common stock |
Sale |
100 |
44.2700 USD |
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common stock |
Sale |
100 |
44.2900 USD |
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common stock |
Sale |
59 |
44.4288 USD |
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common stock |
Sale |
30 |
44.4200 USD |
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common stock |
Sale |
15 |
44.9600 USD |
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common stock |
Sale |
15 |
44.9900 USD |
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common stock |
Sale |
6 |
44.7500 USD |
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common stock |
Sale |
5 |
44.5400 USD |
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common stock |
Sale |
5 |
45.2500 USD |
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common stock |
Sale |
1 |
45.1400 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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(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: |
08 Aug 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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