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 Dec 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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973,879 |
0.28% |
795,510 |
0.23% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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317,090 |
0.09% |
13,660 |
0.00% |
(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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1,290,969 |
0.37% |
809,170 |
0.23% |
(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 |
205,526 |
55.2400 USD |
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common stock |
Purchase |
59,945 |
55.3372 USD |
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common stock |
Purchase |
26,179 |
55.2534 USD |
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common stock |
Purchase |
24,335 |
55.3243 USD |
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common stock |
Purchase |
17,906 |
55.3551 USD |
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common stock |
Purchase |
14,864 |
55.3608 USD |
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common stock |
Purchase |
6,557 |
55.3879 USD |
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common stock |
Purchase |
5,137 |
55.3245 USD |
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common stock |
Purchase |
3,508 |
55.4242 USD |
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common stock |
Purchase |
3,183 |
55.3599 USD |
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common stock |
Purchase |
3,076 |
55.3969 USD |
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common stock |
Purchase |
3,074 |
55.3583 USD |
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common stock |
Purchase |
3,048 |
55.3504 USD |
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common stock |
Purchase |
2,467 |
55.3749 USD |
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common stock |
Purchase |
1,657 |
55.2740 USD |
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common stock |
Purchase |
1,492 |
55.5036 USD |
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common stock |
Purchase |
1,330 |
55.3477 USD |
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common stock |
Purchase |
882 |
55.4076 USD |
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common stock |
Purchase |
677 |
55.3896 USD |
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common stock |
Purchase |
452 |
55.4140 USD |
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common stock |
Purchase |
378 |
55.3814 USD |
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common stock |
Purchase |
356 |
55.2385 USD |
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common stock |
Purchase |
200 |
55.5400 USD |
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common stock |
Purchase |
200 |
55.3300 USD |
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common stock |
Purchase |
131 |
55.2403 USD |
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common stock |
Purchase |
128 |
55.2300 USD |
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common stock |
Purchase |
126 |
55.3000 USD |
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common stock |
Purchase |
107 |
55.5394 USD |
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common stock |
Purchase |
100 |
55.4300 USD |
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common stock |
Purchase |
100 |
55.3100 USD |
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common stock |
Purchase |
100 |
55.5300 USD |
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common stock |
Purchase |
100 |
55.3200 USD |
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common stock |
Purchase |
51 |
55.5500 USD |
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common stock |
Sale |
126,717 |
55.2400 USD |
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common stock |
Sale |
87,000 |
55.7900 USD |
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common stock |
Sale |
65,633 |
55.2401 USD |
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common stock |
Sale |
44,997 |
55.3539 USD |
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common stock |
Sale |
23,617 |
55.2878 USD |
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common stock |
Sale |
19,931 |
55.2546 USD |
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common stock |
Sale |
16,433 |
55.3458 USD |
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common stock |
Sale |
12,627 |
55.4237 USD |
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common stock |
Sale |
10,186 |
55.3042 USD |
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common stock |
Sale |
8,646 |
55.3728 USD |
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common stock |
Sale |
7,413 |
55.2568 USD |
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common stock |
Sale |
7,405 |
55.2712 USD |
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common stock |
Sale |
6,087 |
55.3638 USD |
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common stock |
Sale |
4,795 |
55.2347 USD |
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common stock |
Sale |
4,346 |
55.3620 USD |
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common stock |
Sale |
3,887 |
55.4339 USD |
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common stock |
Sale |
3,701 |
55.2789 USD |
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common stock |
Sale |
2,326 |
55.3794 USD |
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common stock |
Sale |
2,324 |
55.4071 USD |
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common stock |
Sale |
1,590 |
55.3316 USD |
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common stock |
Sale |
1,528 |
55.3854 USD |
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common stock |
Sale |
1,484 |
55.3869 USD |
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common stock |
Sale |
1,290 |
55.3756 USD |
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common stock |
Sale |
1,014 |
55.3639 USD |
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common stock |
Sale |
842 |
55.3297 USD |
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common stock |
Sale |
651 |
55.2516 USD |
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common stock |
Sale |
541 |
55.3419 USD |
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common stock |
Sale |
500 |
55.4520 USD |
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common stock |
Sale |
484 |
55.4756 USD |
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common stock |
Sale |
457 |
55.4919 USD |
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common stock |
Sale |
400 |
55.2800 USD |
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common stock |
Sale |
392 |
55.3793 USD |
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common stock |
Sale |
383 |
55.3109 USD |
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common stock |
Sale |
359 |
55.2743 USD |
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common stock |
Sale |
356 |
55.2593 USD |
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common stock |
Sale |
318 |
55.4221 USD |
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common stock |
Sale |
239 |
55.2674 USD |
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common stock |
Sale |
239 |
55.3295 USD |
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common stock |
Sale |
234 |
55.2850 USD |
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common stock |
Sale |
232 |
55.4090 USD |
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common stock |
Sale |
220 |
55.3478 USD |
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common stock |
Sale |
195 |
55.3941 USD |
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common stock |
Sale |
142 |
55.2407 USD |
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common stock |
Sale |
136 |
55.2970 USD |
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common stock |
Sale |
131 |
55.2403 USD |
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common stock |
Sale |
128 |
55.5553 USD |
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common stock |
Sale |
119 |
55.2356 USD |
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common stock |
Sale |
107 |
55.5394 USD |
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common stock |
Sale |
100 |
55.3600 USD |
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common stock |
Sale |
100 |
55.2200 USD |
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common stock |
Sale |
82 |
55.5375 USD |
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common stock |
Sale |
67 |
55.3100 USD |
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common stock |
Sale |
60 |
55.5300 USD |
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common stock |
Sale |
52 |
55.3469 USD |
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common stock |
Sale |
28 |
55.5400 USD |
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common stock |
Sale |
26 |
55.3978 USD |
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common stock |
Sale |
22 |
55.3059 USD |
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common stock |
Sale |
21 |
55.2419 USD |
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common stock |
Sale |
16 |
55.2100 USD |
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common stock |
Sale |
10 |
55.3700 USD |
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common stock |
Sale |
6 |
55.5100 USD |
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common stock |
Sale |
6 |
55.3533 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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common stock |
SWAP |
Increasing Long |
110 |
55.2390 USD |
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common stock |
SWAP |
Decreasing Long |
226 |
55.2425 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 |
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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 |
Put Options |
Purchasing |
200 |
60.0000 USD |
American |
20 Jun 2025 |
6.9000 USD |
common stock |
Put Options |
Purchasing |
5,000 |
63.0000 USD |
American |
20 Jun 2025 |
8.6556 USD |
common stock |
Put Options |
Purchasing |
400 |
65.0000 USD |
American |
20 Jun 2025 |
10.6500 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: |
18 Dec 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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