Form 8.3 - International Paper Company
Source: RNS
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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: |
23 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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734,089 |
0.21% |
614,209 |
0.18% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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515,691 |
0.15% |
20,310 |
0.01% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
35,000 |
0.01% |
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TOTAL: |
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1,249,780 |
0.36% |
669,519 |
0.19% |
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(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 |
82,190 |
58.5690 USD |
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common stock |
Purchase |
78,434 |
58.4860 USD |
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common stock |
Purchase |
35,088 |
58.4644 USD |
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common stock |
Purchase |
29,317 |
58.4442 USD |
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common stock |
Purchase |
19,879 |
58.6000 USD |
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common stock |
Purchase |
12,710 |
58.4902 USD |
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common stock |
Purchase |
12,290 |
58.4504 USD |
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common stock |
Purchase |
11,643 |
58.5663 USD |
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common stock |
Purchase |
9,356 |
58.5925 USD |
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common stock |
Purchase |
8,493 |
58.5284 USD |
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common stock |
Purchase |
7,326 |
58.3462 USD |
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common stock |
Purchase |
4,271 |
58.4394 USD |
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common stock |
Purchase |
3,981 |
58.4637 USD |
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common stock |
Purchase |
2,254 |
58.3482 USD |
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common stock |
Purchase |
2,200 |
58.1836 USD |
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common stock |
Purchase |
1,455 |
58.3415 USD |
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common stock |
Purchase |
1,206 |
58.6047 USD |
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common stock |
Purchase |
1,106 |
58.6060 USD |
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common stock |
Purchase |
1,001 |
58.4007 USD |
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common stock |
Purchase |
611 |
58.2300 USD |
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common stock |
Purchase |
501 |
58.2936 USD |
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common stock |
Purchase |
440 |
58.3622 USD |
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common stock |
Purchase |
404 |
58.2289 USD |
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common stock |
Purchase |
367 |
58.4137 USD |
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common stock |
Purchase |
304 |
58.2319 USD |
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common stock |
Purchase |
286 |
58.3943 USD |
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common stock |
Purchase |
201 |
58.5564 USD |
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common stock |
Purchase |
160 |
58.3406 USD |
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common stock |
Purchase |
121 |
58.4200 USD |
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common stock |
Purchase |
100 |
58.5400 USD |
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common stock |
Purchase |
100 |
58.5900 USD |
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common stock |
Purchase |
100 |
58.4700 USD |
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common stock |
Purchase |
100 |
58.2200 USD |
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common stock |
Purchase |
58 |
58.1500 USD |
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common stock |
Purchase |
52 |
58.4993 USD |
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common stock |
Purchase |
26 |
58.4100 USD |
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common stock |
Purchase |
17 |
58.0600 USD |
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common stock |
Purchase |
9 |
58.1261 USD |
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common stock |
Purchase |
8 |
58.4500 USD |
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common stock |
Purchase |
5 |
58.2400 USD |
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common stock |
Sale |
125,694 |
58.5483 USD |
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common stock |
Sale |
35,875 |
58.5525 USD |
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common stock |
Sale |
23,516 |
58.6000 USD |
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common stock |
Sale |
17,130 |
58.4183 USD |
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common stock |
Sale |
17,116 |
58.2951 USD |
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common stock |
Sale |
14,897 |
58.4010 USD |
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common stock |
Sale |
14,414 |
58.4457 USD |
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common stock |
Sale |
12,190 |
58.4377 USD |
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common stock |
Sale |
11,807 |
58.4563 USD |
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common stock |
Sale |
10,136 |
58.5920 USD |
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common stock |
Sale |
9,559 |
58.5520 USD |
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common stock |
Sale |
5,249 |
58.4086 USD |
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common stock |
Sale |
5,145 |
58.4203 USD |
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common stock |
Sale |
5,088 |
58.4815 USD |
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common stock |
Sale |
3,390 |
58.5389 USD |
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common stock |
Sale |
2,713 |
58.4649 USD |
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common stock |
Sale |
2,633 |
58.4205 USD |
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common stock |
Sale |
1,643 |
58.4914 USD |
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common stock |
Sale |
1,206 |
58.6047 USD |
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common stock |
Sale |
941 |
58.3382 USD |
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common stock |
Sale |
877 |
58.4277 USD |
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common stock |
Sale |
800 |
58.4432 USD |
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common stock |
Sale |
783 |
58.5147 USD |
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common stock |
Sale |
775 |
58.3979 USD |
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common stock |
Sale |
560 |
58.3960 USD |
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common stock |
Sale |
431 |
58.3344 USD |
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common stock |
Sale |
404 |
58.2290 USD |
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common stock |
Sale |
404 |
58.2289 USD |
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common stock |
Sale |
367 |
58.4137 USD |
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common stock |
Sale |
347 |
58.5271 USD |
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common stock |
Sale |
251 |
58.1985 USD |
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common stock |
Sale |
175 |
58.4700 USD |
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common stock |
Sale |
163 |
58.1969 USD |
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common stock |
Sale |
160 |
58.3406 USD |
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common stock |
Sale |
120 |
58.3150 USD |
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common stock |
Sale |
105 |
58.5550 USD |
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common stock |
Sale |
100 |
58.1200 USD |
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common stock |
Sale |
95 |
58.4000 USD |
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common stock |
Sale |
82 |
58.5300 USD |
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common stock |
Sale |
58 |
58.1500 USD |
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common stock |
Sale |
40 |
58.2475 USD |
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common stock |
Sale |
40 |
58.4075 USD |
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common stock |
Sale |
34 |
58.1275 USD |
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common stock |
Sale |
30 |
58.1383 USD |
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common stock |
Sale |
26 |
58.4100 USD |
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common stock |
Sale |
25 |
58.3740 USD |
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common stock |
Sale |
23 |
58.2368 USD |
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common stock |
Sale |
21 |
58.4200 USD |
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common stock |
Sale |
21 |
58.2150 USD |
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common stock |
Sale |
20 |
58.1900 USD |
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common stock |
Sale |
15 |
58.3300 USD |
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common stock |
Sale |
8 |
58.3750 USD |
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common stock |
Sale |
5 |
58.0550 USD |
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common stock |
Sale |
5 |
58.4850 USD |
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common stock |
Sale |
5 |
57.9931 USD |
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common stock |
Sale |
5 |
58.0400 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 |
122 |
58.5990 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 |
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of |
description |
purchasing, |
of |
price |
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date |
money |
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relevant |
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selling, |
securities |
per unit |
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paid/ |
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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: |
27 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 |
Put Options |
Purchased |
-35,000 |
55.0000 |
American |
24 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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