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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: |
18 Jul 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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811,879 |
0.23% |
415,740 |
0.12% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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76,162 |
0.02% |
0 |
0.00% |
(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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24,200 |
0.01% |
24,700 |
0.01% |
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TOTAL: |
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912,241 |
0.26% |
440,440 |
0.13% |
(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 |
63,163 |
45.9093 USD |
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common stock |
Purchase |
27,665 |
45.8620 USD |
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common stock |
Purchase |
27,633 |
45.8651 USD |
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common stock |
Purchase |
24,852 |
45.8640 USD |
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common stock |
Purchase |
23,484 |
45.8583 USD |
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common stock |
Purchase |
16,725 |
45.8700 USD |
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common stock |
Purchase |
8,679 |
45.8836 USD |
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common stock |
Purchase |
8,188 |
45.8691 USD |
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common stock |
Purchase |
7,269 |
45.8434 USD |
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common stock |
Purchase |
6,548 |
45.7758 USD |
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common stock |
Purchase |
4,289 |
45.8232 USD |
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common stock |
Purchase |
3,343 |
45.7959 USD |
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common stock |
Purchase |
3,112 |
45.8621 USD |
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common stock |
Purchase |
3,027 |
45.8081 USD |
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common stock |
Purchase |
2,806 |
45.8475 USD |
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common stock |
Purchase |
2,785 |
45.8521 USD |
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common stock |
Purchase |
2,737 |
45.8614 USD |
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common stock |
Purchase |
2,390 |
45.7435 USD |
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common stock |
Purchase |
2,128 |
45.7436 USD |
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common stock |
Purchase |
1,531 |
45.7847 USD |
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common stock |
Purchase |
1,460 |
45.9006 USD |
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common stock |
Purchase |
1,290 |
45.8590 USD |
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common stock |
Purchase |
1,257 |
45.9536 USD |
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common stock |
Purchase |
1,180 |
45.8548 USD |
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common stock |
Purchase |
1,085 |
45.7981 USD |
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common stock |
Purchase |
900 |
45.8611 USD |
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common stock |
Purchase |
500 |
45.8380 USD |
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common stock |
Purchase |
329 |
45.7516 USD |
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common stock |
Purchase |
327 |
45.8711 USD |
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common stock |
Purchase |
300 |
45.8200 USD |
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common stock |
Purchase |
208 |
45.8857 USD |
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common stock |
Purchase |
125 |
45.8800 USD |
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common stock |
Purchase |
100 |
45.8100 USD |
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common stock |
Purchase |
100 |
45.8600 USD |
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common stock |
Purchase |
100 |
45.9600 USD |
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common stock |
Purchase |
100 |
46.0300 USD |
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common stock |
Purchase |
96 |
45.8695 USD |
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common stock |
Purchase |
96 |
45.8694 USD |
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common stock |
Purchase |
42 |
45.8444 USD |
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common stock |
Purchase |
30 |
45.6150 USD |
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common stock |
Purchase |
30 |
45.8900 USD |
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common stock |
Purchase |
13 |
45.9861 USD |
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common stock |
Purchase |
10 |
45.7100 USD |
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common stock |
Purchase |
1 |
45.8250 USD |
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common stock |
Sale |
34,451 |
45.8366 USD |
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common stock |
Sale |
27,240 |
45.8282 USD |
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common stock |
Sale |
26,325 |
45.8969 USD |
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common stock |
Sale |
22,757 |
45.8599 USD |
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common stock |
Sale |
20,520 |
45.9066 USD |
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common stock |
Sale |
18,307 |
45.8704 USD |
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common stock |
Sale |
14,112 |
45.8700 USD |
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common stock |
Sale |
11,125 |
45.8530 USD |
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common stock |
Sale |
9,753 |
45.9146 USD |
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common stock |
Sale |
8,188 |
45.8691 USD |
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common stock |
Sale |
5,416 |
45.8490 USD |
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common stock |
Sale |
4,948 |
45.9509 USD |
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common stock |
Sale |
4,852 |
45.8641 USD |
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common stock |
Sale |
4,740 |
45.8948 USD |
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common stock |
Sale |
3,377 |
45.8990 USD |
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common stock |
Sale |
3,112 |
45.8621 USD |
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common stock |
Sale |
2,855 |
45.7953 USD |
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common stock |
Sale |
2,788 |
45.8307 USD |
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common stock |
Sale |
2,460 |
45.8462 USD |
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common stock |
Sale |
2,272 |
45.8693 USD |
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common stock |
Sale |
2,039 |
45.7659 USD |
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common stock |
Sale |
1,464 |
45.8963 USD |
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common stock |
Sale |
1,460 |
45.9006 USD |
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common stock |
Sale |
1,458 |
45.8248 USD |
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common stock |
Sale |
1,431 |
45.9595 USD |
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common stock |
Sale |
1,180 |
45.8548 USD |
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common stock |
Sale |
1,105 |
45.9717 USD |
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common stock |
Sale |
1,055 |
45.8842 USD |
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common stock |
Sale |
958 |
45.9310 USD |
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common stock |
Sale |
909 |
45.8565 USD |
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common stock |
Sale |
800 |
45.8650 USD |
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common stock |
Sale |
720 |
45.8893 USD |
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common stock |
Sale |
517 |
46.1062 USD |
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common stock |
Sale |
376 |
45.9300 USD |
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common stock |
Sale |
212 |
45.8464 USD |
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common stock |
Sale |
208 |
45.8857 USD |
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common stock |
Sale |
152 |
45.8220 USD |
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common stock |
Sale |
151 |
45.7691 USD |
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common stock |
Sale |
136 |
45.8537 USD |
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common stock |
Sale |
100 |
45.8600 USD |
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common stock |
Sale |
100 |
46.1300 USD |
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common stock |
Sale |
100 |
45.8300 USD |
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common stock |
Sale |
96 |
45.8694 USD |
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common stock |
Sale |
95 |
45.8500 USD |
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common stock |
Sale |
91 |
45.6400 USD |
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common stock |
Sale |
80 |
45.9347 USD |
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common stock |
Sale |
60 |
45.6150 USD |
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common stock |
Sale |
51 |
45.8033 USD |
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common stock |
Sale |
35 |
45.8614 USD |
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common stock |
Sale |
31 |
45.8027 USD |
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common stock |
Sale |
25 |
45.8020 USD |
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common stock |
Sale |
20 |
45.9400 USD |
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common stock |
Sale |
10 |
45.7000 USD |
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common stock |
Sale |
10 |
45.7100 USD |
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common stock |
Sale |
9 |
45.7500 USD |
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common stock |
Sale |
5 |
45.8000 USD |
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common stock |
Sale |
5 |
46.1400 USD |
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common stock |
Sale |
1 |
45.8250 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: |
19 Jul 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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common stock |
Put Options |
Written |
24,200 |
43.0000 |
American |
19 Jul 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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