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: |
27 Jan 2025 |
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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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818,342 |
0.24% |
614,857 |
0.18% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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496,897 |
0.14% |
20,310 |
0.01% |
(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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31,000 |
0.01% |
0 |
0.00% |
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TOTAL: |
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1,346,239 |
0.39% |
635,167 |
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 |
928,777 |
59.2556 USD |
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common stock |
Purchase |
173,212 |
59.1697 USD |
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common stock |
Purchase |
170,044 |
59.3553 USD |
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common stock |
Purchase |
103,758 |
59.2088 USD |
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common stock |
Purchase |
96,958 |
59.2597 USD |
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common stock |
Purchase |
84,400 |
59.0540 USD |
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common stock |
Purchase |
42,810 |
59.0333 USD |
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common stock |
Purchase |
30,227 |
59.2791 USD |
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common stock |
Purchase |
13,370 |
59.2898 USD |
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common stock |
Purchase |
12,203 |
59.1898 USD |
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common stock |
Purchase |
10,700 |
59.2900 USD |
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common stock |
Purchase |
9,760 |
59.1856 USD |
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common stock |
Purchase |
6,635 |
59.2892 USD |
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common stock |
Purchase |
5,895 |
59.5263 USD |
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common stock |
Purchase |
5,836 |
59.2658 USD |
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common stock |
Purchase |
2,584 |
59.4521 USD |
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common stock |
Purchase |
2,117 |
59.0983 USD |
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common stock |
Purchase |
1,996 |
59.1264 USD |
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common stock |
Purchase |
1,877 |
59.2914 USD |
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common stock |
Purchase |
1,593 |
59.1698 USD |
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common stock |
Purchase |
1,487 |
59.4706 USD |
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common stock |
Purchase |
1,243 |
59.0925 USD |
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common stock |
Purchase |
1,043 |
59.5949 USD |
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common stock |
Purchase |
901 |
59.4283 USD |
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common stock |
Purchase |
600 |
59.1500 USD |
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common stock |
Purchase |
586 |
59.7748 USD |
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common stock |
Purchase |
516 |
59.6800 USD |
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common stock |
Purchase |
504 |
59.0307 USD |
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common stock |
Purchase |
489 |
59.3026 USD |
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common stock |
Purchase |
407 |
59.5973 USD |
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common stock |
Purchase |
400 |
59.4900 USD |
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common stock |
Purchase |
300 |
59.5500 USD |
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common stock |
Purchase |
266 |
59.2881 USD |
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common stock |
Purchase |
200 |
59.4700 USD |
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common stock |
Purchase |
100 |
59.2850 USD |
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common stock |
Purchase |
100 |
59.1600 USD |
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common stock |
Purchase |
74 |
60.0400 USD |
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common stock |
Purchase |
20 |
58.9625 USD |
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common stock |
Purchase |
6 |
59.2800 USD |
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common stock |
Purchase |
5 |
59.0600 USD |
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common stock |
Purchase |
5 |
59.1000 USD |
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common stock |
Purchase |
4 |
59.1837 USD |
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common stock |
Purchase |
3 |
59.9150 USD |
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common stock |
Purchase |
2 |
59.0700 USD |
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common stock |
Purchase |
1 |
59.8100 USD |
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common stock |
Sale |
1,318,232 |
59.2558 USD |
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common stock |
Sale |
78,861 |
59.2697 USD |
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common stock |
Sale |
67,033 |
59.0388 USD |
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common stock |
Sale |
29,480 |
59.3890 USD |
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common stock |
Sale |
29,033 |
59.0918 USD |
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common stock |
Sale |
28,405 |
59.2914 USD |
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common stock |
Sale |
25,967 |
59.0225 USD |
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common stock |
Sale |
16,904 |
59.2900 USD |
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common stock |
Sale |
14,223 |
59.3203 USD |
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common stock |
Sale |
14,155 |
59.0640 USD |
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common stock |
Sale |
12,459 |
59.1472 USD |
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common stock |
Sale |
10,857 |
59.1268 USD |
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common stock |
Sale |
10,530 |
59.0624 USD |
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common stock |
Sale |
9,765 |
59.0928 USD |
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common stock |
Sale |
9,735 |
59.2895 USD |
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common stock |
Sale |
5,760 |
59.3093 USD |
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common stock |
Sale |
5,271 |
59.2897 USD |
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common stock |
Sale |
5,108 |
59.0358 USD |
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common stock |
Sale |
5,000 |
59.2891 USD |
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common stock |
Sale |
3,474 |
59.5797 USD |
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common stock |
Sale |
2,696 |
59.2828 USD |
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common stock |
Sale |
2,331 |
59.2872 USD |
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common stock |
Sale |
2,312 |
59.4144 USD |
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common stock |
Sale |
2,013 |
59.2779 USD |
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common stock |
Sale |
1,126 |
59.0991 USD |
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common stock |
Sale |
997 |
59.1026 USD |
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common stock |
Sale |
600 |
59.1500 USD |
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common stock |
Sale |
504 |
59.0307 USD |
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common stock |
Sale |
405 |
59.1287 USD |
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common stock |
Sale |
405 |
59.0485 USD |
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common stock |
Sale |
393 |
59.2180 USD |
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common stock |
Sale |
332 |
59.3260 USD |
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common stock |
Sale |
276 |
59.7154 USD |
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common stock |
Sale |
246 |
59.0515 USD |
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common stock |
Sale |
146 |
59.2222 USD |
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common stock |
Sale |
138 |
58.8889 USD |
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common stock |
Sale |
119 |
58.9789 USD |
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common stock |
Sale |
103 |
59.1311 USD |
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common stock |
Sale |
59 |
59.1477 USD |
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common stock |
Sale |
35 |
59.0942 USD |
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common stock |
Sale |
23 |
59.2800 USD |
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common stock |
Sale |
17 |
59.7958 USD |
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common stock |
Sale |
17 |
59.0300 USD |
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common stock |
Sale |
14 |
58.9745 USD |
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common stock |
Sale |
4 |
59.9400 USD |
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common stock |
Sale |
4 |
59.9345 USD |
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common stock |
Sale |
4 |
59.0500 USD |
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common stock |
Sale |
4 |
59.2200 USD |
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common stock |
Sale |
3 |
59.5700 USD |
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common stock |
Sale |
2 |
59.0950 USD |
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common stock |
Sale |
1 |
59.8100 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: |
28 Jan 2025 |
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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 COMPANY |
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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 |
Call Options |
Purchased |
31,000 |
63.0000 |
American |
31 Jan 2025 |
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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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