Form 8.3 - International Paper Company
Source: RNS
|
FORM 8.3 |
|||||||
|
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
|||||||
|
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
|||||||
|
MORE |
|||||||
|
Rule 8.3 of the Takeover Code (the "Code") |
|||||||
|
1. |
KEY INFORMATION |
||||||
|
(a) |
Full name of discloser: |
|
Barclays PLC. |
||||
|
(b) |
Owner or controller of interest and short |
|
|||||
|
|
positions disclosed, if different from 1(a): |
||||||
|
(c) |
Name of offeror/offeree in relation to whose |
INTERNATIONAL PAPER COMPANY |
|||||
|
|
relevant securities this form relates: |
||||||
|
(d) |
If an exempt fund manager connected with an |
|
|||||
|
|
offeror/offeree, state this and specify identity of |
||||||
|
|
offeror/offeree: |
||||||
|
(e) |
Date position held/dealing undertaken: |
17 Sep 2024 |
|||||
|
(f) |
In addition to the company in 1(c) above, is the discloser making |
YES: |
|
|
|||
|
|
disclosures in respect of any other party to the offer? |
DS SMITH PLC |
|
||||
|
2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
||||||
|
(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
|
|||||
|
|
to which the disclosure relates following the dealing(if any) |
|
|||||
|
Class of relevant security: |
common stock |
||||||
|
|
Interests |
Short Positions |
|||||
|
|
Number |
(%) |
Number |
(%) |
|||
|
(1) |
Relevant securities owned |
|
|
|
|
||
|
|
and/or controlled: |
|
|
833,726 |
0.24% |
495,648 |
0.14% |
|
(2) |
Cash-settled derivatives: |
|
|
|
|
||
|
|
and/or controlled: |
|
|
368,809 |
0.11% |
0 |
0.00% |
|
(3) |
Stock-settled derivatives (including options) |
|
|
|
|
||
|
|
and agreements to purchase/sell: |
|
|
123,800 |
0.04% |
0 |
0.00% |
|
|
|
|
|
|
|
|
|
|
|
TOTAL: |
|
|
1,326,335 |
0.38% |
495,648 |
0.14% |
|
(b) |
Rights to subscribe for new securities (including directors and other executive |
|
|||||
|
|
options) |
|
|
|
|
|
|
|
Class of relevant security in relation to |
|
|
|
|
|||
|
which subscription right exists |
|
|
|
|
|||
|
Details, including nature of the rights |
|
|
|
|
|||
|
concerned and relevant percentages: |
|
|
|
|
|||
|
3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
||||||
|
(a) |
Purchases and sales |
|
|
|
|
|
|
|
Class of relevant |
Purchase/sale |
Number of |
Price per unit |
||||
|
security |
|
securities |
|
||||
|
common stock |
Purchase |
95,343 |
49.6915 USD |
||||
|
common stock |
Purchase |
58,268 |
49.5213 USD |
||||
|
common stock |
Purchase |
32,360 |
49.4900 USD |
||||
|
common stock |
Purchase |
20,794 |
50.2462 USD |
||||
|
common stock |
Purchase |
18,824 |
49.6983 USD |
||||
|
common stock |
Purchase |
13,961 |
50.0133 USD |
||||
|
common stock |
Purchase |
11,868 |
49.9826 USD |
||||
|
common stock |
Purchase |
10,650 |
49.7801 USD |
||||
|
common stock |
Purchase |
4,645 |
49.6655 USD |
||||
|
common stock |
Purchase |
3,894 |
49.4921 USD |
||||
|
common stock |
Purchase |
3,872 |
49.5780 USD |
||||
|
common stock |
Purchase |
3,760 |
49.5805 USD |
||||
|
common stock |
Purchase |
3,245 |
49.8746 USD |
||||
|
common stock |
Purchase |
2,000 |
50.4590 USD |
||||
|
common stock |
Purchase |
1,928 |
50.3341 USD |
||||
|
common stock |
Purchase |
1,600 |
49.3700 USD |
||||
|
common stock |
Purchase |
1,394 |
49.6256 USD |
||||
|
common stock |
Purchase |
1,136 |
49.7686 USD |
||||
|
common stock |
Purchase |
1,120 |
50.0310 USD |
||||
|
common stock |
Purchase |
1,074 |
50.0933 USD |
||||
|
common stock |
Purchase |
967 |
50.0489 USD |
||||
|
common stock |
Purchase |
900 |
50.1388 USD |
||||
|
common stock |
Purchase |
600 |
50.4483 USD |
||||
|
common stock |
Purchase |
417 |
49.6269 USD |
||||
|
common stock |
Purchase |
409 |
50.4736 USD |
||||
|
common stock |
Purchase |
400 |
50.4600 USD |
||||
|
common stock |
Purchase |
400 |
50.2168 USD |
||||
|
common stock |
Purchase |
200 |
49.8800 USD |
||||
|
common stock |
Purchase |
200 |
50.4400 USD |
||||
|
common stock |
Purchase |
100 |
50.4200 USD |
||||
|
common stock |
Purchase |
100 |
49.8900 USD |
||||
|
common stock |
Purchase |
100 |
49.9700 USD |
||||
|
common stock |
Purchase |
63 |
50.0066 USD |
||||
|
common stock |
Sale |
85,781 |
49.5726 USD |
||||
|
common stock |
Sale |
44,022 |
49.5984 USD |
||||
|
common stock |
Sale |
23,388 |
49.4900 USD |
||||
|
common stock |
Sale |
21,229 |
49.7723 USD |
||||
|
common stock |
Sale |
13,480 |
50.4083 USD |
||||
|
common stock |
Sale |
10,596 |
49.9804 USD |
||||
|
common stock |
Sale |
9,110 |
49.7542 USD |
||||
|
common stock |
Sale |
6,676 |
49.4977 USD |
||||
|
common stock |
Sale |
6,444 |
50.3204 USD |
||||
|
common stock |
Sale |
6,051 |
49.7443 USD |
||||
|
common stock |
Sale |
5,988 |
49.8994 USD |
||||
|
common stock |
Sale |
5,934 |
49.9826 USD |
||||
|
common stock |
Sale |
5,380 |
49.9118 USD |
||||
|
common stock |
Sale |
5,265 |
49.9789 USD |
||||
|
common stock |
Sale |
4,934 |
49.4928 USD |
||||
|
common stock |
Sale |
4,078 |
49.6564 USD |
||||
|
common stock |
Sale |
3,804 |
50.0767 USD |
||||
|
common stock |
Sale |
3,126 |
50.0494 USD |
||||
|
common stock |
Sale |
2,200 |
49.6686 USD |
||||
|
common stock |
Sale |
2,082 |
49.9894 USD |
||||
|
common stock |
Sale |
1,928 |
50.3341 USD |
||||
|
common stock |
Sale |
1,675 |
49.7758 USD |
||||
|
common stock |
Sale |
1,600 |
49.3700 USD |
||||
|
common stock |
Sale |
1,190 |
50.0742 USD |
||||
|
common stock |
Sale |
1,120 |
50.0310 USD |
||||
|
common stock |
Sale |
1,004 |
49.7717 USD |
||||
|
common stock |
Sale |
914 |
49.9785 USD |
||||
|
common stock |
Sale |
900 |
50.1388 USD |
||||
|
common stock |
Sale |
865 |
49.9854 USD |
||||
|
common stock |
Sale |
793 |
49.9709 USD |
||||
|
common stock |
Sale |
705 |
49.5179 USD |
||||
|
common stock |
Sale |
549 |
49.9600 USD |
||||
|
common stock |
Sale |
440 |
49.4873 USD |
||||
|
common stock |
Sale |
410 |
49.9819 USD |
||||
|
common stock |
Sale |
400 |
50.2168 USD |
||||
|
common stock |
Sale |
337 |
49.5956 USD |
||||
|
common stock |
Sale |
319 |
49.5462 USD |
||||
|
common stock |
Sale |
300 |
50.1666 USD |
||||
|
common stock |
Sale |
221 |
49.9701 USD |
||||
|
common stock |
Sale |
200 |
50.0100 USD |
||||
|
common stock |
Sale |
175 |
49.5325 USD |
||||
|
common stock |
Sale |
164 |
49.5242 USD |
||||
|
common stock |
Sale |
146 |
49.9722 USD |
||||
|
common stock |
Sale |
132 |
49.7451 USD |
||||
|
common stock |
Sale |
100 |
49.2900 USD |
||||
|
common stock |
Sale |
100 |
49.4500 USD |
||||
|
common stock |
Sale |
100 |
50.0000 USD |
||||
|
common stock |
Sale |
100 |
49.5200 USD |
||||
|
common stock |
Sale |
100 |
49.5000 USD |
||||
|
common stock |
Sale |
87 |
49.4232 USD |
||||
|
common stock |
Sale |
37 |
49.5100 USD |
||||
|
common stock |
Sale |
7 |
50.1300 USD |
||||
|
|
|
|
|
|
|
|
|
|
(b) |
Cash-settled derivative transactions |
|
|||||
|
Class of |
Product |
Nature of dealing |
Number of |
Price per |
|||
|
relevant |
description |
|
reference |
unit |
|||
|
security |
|
|
securities |
|
|||
|
common stock |
SWAP |
Increasing Long |
667 |
49.4874 USD |
|||
|
common stock |
SWAP |
Decreasing Long |
730 |
49.4925 USD |
|||
|
|
|
|
|
|
|
|
|
|
(c) |
Stock-settled derivative transactions (including options) |
|
|||||
|
(i) |
Writing, selling, purchasing or varying |
|
|||||
|
Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
|
of |
description |
purchasing, |
of |
price |
|
date |
money |
|
relevant |
|
selling, |
securities |
per unit |
|
|
paid/ |
|
security |
|
varying etc |
to which |
|
|
|
received |
|
|
|
|
option |
|
|
|
per unit |
|
|
|
|
relates |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii) |
Exercising |
|
|
|
|
|
|
|
Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
|||
|
security |
|
|
securities |
unit |
|||
|
|
|
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
(d) |
Other dealings (including subscribing for new securities) |
|
|||||
|
Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
||||
|
security |
|
|
applicable) |
||||
|
|
|
|
|
||||
|
4. |
OTHER INFORMATION |
||||||
|
(a) |
Indemnity and other dealings arrangements |
|
|||||
|
Details of any indemnity or option arrangement, or any agreement or understanding, |
|
|
|||||
|
formal or informal, relating to relevant securities which may be an inducement to deal |
|
|
|||||
|
or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
|
||||||
|
to the offer or any person acting in concert with a party to the offer: |
|
|
|
||||
|
NONE |
|||||||
|
(b) |
Agreements, arrangements or understandings relating to options or derivatives |
|
|||||
|
Details of any agreement, arrangement or understanding, formal or informal, between |
|
|
|||||
|
the person making the disclosure and any other person relating to: |
|
|
|||||
|
(i) the voting rights of any relevant securities under any option; or |
|
|
|
||||
|
(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
|
|
|||||
|
any derivative is referenced: |
|
|
|
|
|
|
|
|
NONE |
|||||||
|
(c) |
Attachments |
|
|
|
|
|
|
|
Is a Supplemental Form 8 (Open Positions) attached? |
YES |
||||||
|
Date of disclosure: |
18 Sep 2024 |
||||||
|
Contact name: |
Large Holdings Regulatory Operations |
||||||
|
Telephone number: |
020 3134 7213 |
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO |
|||||||
|
PURCHASE OR SELL ETC. |
|||||||
|
Note 5(i) on Rule 8 of the Takeover Code (the "Code") |
|||||||
|
1. |
KEY INFORMATION |
||||||
|
Identity of the person whose positions/dealings |
Barclays PLC. |
||||||
|
are being disclosed: |
|||||||
|
Name of offeror/offeree in relation to whose |
INTERNATIONAL PAPER CO |
||||||
|
relevant securities this from relates: |
|||||||
|
|
|
|
|
|
|
|
|
|
2. |
OPTIONS AND DERIVATIVES |
||||||
|
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 |
|
|
common stock |
Put Options |
Written |
123,800 |
45.0000 |
American |
20 Sep 2024 |
|
|
|
|
|
|
|
|
|
|
|
3. |
AGREEMENTS TO PURCHASE OR SELL ETC. |
||||||
|
Full details should be given so that the nature of the interest or position can be fully understood: |
|||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
