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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: | 25 Jul 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: | | | 921,749 | 0.27% | 438,646 | 0.13% |
(2) | Cash-settled derivatives: | | | | | ||
| and/or controlled: | | | 105,862 | 0.03% | 0 | 0.00% |
(3) | Stock-settled derivatives (including options) | | | | | ||
| and agreements to purchase/sell: | | | 0 | 0.00% | 24,700 | 0.01% |
| | | | | | | |
| TOTAL: | | | 1,027,611 | 0.30% | 463,346 | 0.13% |
(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 | 2,251,592 | 45.8043 USD | ||||
common stock | Purchase | 388,085 | 45.8962 USD | ||||
common stock | Purchase | 360,785 | 45.7499 USD | ||||
common stock | Purchase | 307,823 | 45.6967 USD | ||||
common stock | Purchase | 140,644 | 46.1761 USD | ||||
common stock | Purchase | 133,000 | 46.1500 USD | ||||
common stock | Purchase | 75,985 | 46.0610 USD | ||||
common stock | Purchase | 53,394 | 46.1181 USD | ||||
common stock | Purchase | 51,920 | 46.0638 USD | ||||
common stock | Purchase | 49,137 | 45.9693 USD | ||||
common stock | Purchase | 47,181 | 46.2244 USD | ||||
common stock | Purchase | 36,633 | 46.0433 USD | ||||
common stock | Purchase | 20,604 | 46.1984 USD | ||||
common stock | Purchase | 13,742 | 46.0998 USD | ||||
common stock | Purchase | 13,028 | 46.0120 USD | ||||
common stock | Purchase | 12,939 | 46.0787 USD | ||||
common stock | Purchase | 12,042 | 46.0755 USD | ||||
common stock | Purchase | 10,202 | 45.9849 USD | ||||
common stock | Purchase | 10,076 | 46.0106 USD | ||||
common stock | Purchase | 9,570 | 46.1596 USD | ||||
common stock | Purchase | 9,430 | 45.9982 USD | ||||
common stock | Purchase | 7,989 | 46.1307 USD | ||||
common stock | Purchase | 7,171 | 45.8347 USD | ||||
common stock | Purchase | 7,140 | 46.1148 USD | ||||
common stock | Purchase | 5,635 | 46.1613 USD | ||||
common stock | Purchase | 4,596 | 46.0822 USD | ||||
common stock | Purchase | 3,655 | 46.0913 USD | ||||
common stock | Purchase | 2,971 | 46.0960 USD | ||||
common stock | Purchase | 2,348 | 46.1526 USD | ||||
common stock | Purchase | 2,000 | 45.7407 USD | ||||
common stock | Purchase | 1,669 | 45.9847 USD | ||||
common stock | Purchase | 1,398 | 46.2142 USD | ||||
common stock | Purchase | 1,300 | 46.1615 USD | ||||
common stock | Purchase | 1,127 | 46.2200 USD | ||||
common stock | Purchase | 959 | 44.6500 USD | ||||
common stock | Purchase | 959 | 45.6500 USD | ||||
common stock | Purchase | 853 | 46.2364 USD | ||||
common stock | Purchase | 800 | 46.3000 USD | ||||
common stock | Purchase | 798 | 45.6887 USD | ||||
common stock | Purchase | 694 | 46.2369 USD | ||||
common stock | Purchase | 607 | 46.1540 USD | ||||
common stock | Purchase | 534 | 45.6694 USD | ||||
common stock | Purchase | 527 | 46.3198 USD | ||||
common stock | Purchase | 499 | 45.9866 USD | ||||
common stock | Purchase | 495 | 46.0605 USD | ||||
common stock | Purchase | 307 | 45.7613 USD | ||||
common stock | Purchase | 204 | 46.2600 USD | ||||
common stock | Purchase | 201 | 46.1777 USD | ||||
common stock | Purchase | 200 | 45.9000 USD | ||||
common stock | Purchase | 200 | 45.6600 USD | ||||
common stock | Purchase | 200 | 46.2550 USD | ||||
common stock | Purchase | 200 | 45.6900 USD | ||||
common stock | Purchase | 103 | 46.4213 USD | ||||
common stock | Purchase | 100 | 46.2000 USD | ||||
common stock | Purchase | 100 | 45.7800 USD | ||||
common stock | Purchase | 30 | 45.7500 USD | ||||
common stock | Purchase | 22 | 45.8882 USD | ||||
common stock | Purchase | 8 | 42.3700 EUR | ||||
common stock | Purchase | 4 | 45.6700 USD | ||||
common stock | Purchase | 3 | 46.3100 USD | ||||
common stock | Sale | 750,516 | 45.8754 USD | ||||
common stock | Sale | 639,740 | 45.7813 USD | ||||
common stock | Sale | 360,785 | 45.7499 USD | ||||
common stock | Sale | 309,589 | 45.6966 USD | ||||
common stock | Sale | 222,550 | 45.8214 USD | ||||
common stock | Sale | 166,621 | 45.7982 USD | ||||
common stock | Sale | 158,000 | 46.1500 USD | ||||
common stock | Sale | 146,742 | 46.1453 USD | ||||
common stock | Sale | 137,041 | 46.1171 USD | ||||
common stock | Sale | 123,218 | 45.6034 USD | ||||
common stock | Sale | 108,182 | 45.8626 USD | ||||
common stock | Sale | 104,193 | 46.2163 USD | ||||
common stock | Sale | 80,007 | 45.9152 USD | ||||
common stock | Sale | 73,574 | 46.0692 USD | ||||
common stock | Sale | 62,248 | 46.0228 USD | ||||
common stock | Sale | 58,421 | 46.1874 USD | ||||
common stock | Sale | 50,285 | 46.1863 USD | ||||
common stock | Sale | 44,424 | 45.8387 USD | ||||
common stock | Sale | 39,582 | 45.9882 USD | ||||
common stock | Sale | 38,066 | 46.1368 USD | ||||
common stock | Sale | 36,633 | 46.0433 USD | ||||
common stock | Sale | 35,319 | 45.8362 USD | ||||
common stock | Sale | 28,221 | 46.0121 USD | ||||
common stock | Sale | 25,887 | 45.9015 USD | ||||
common stock | Sale | 12,908 | 46.0219 USD | ||||
common stock | Sale | 12,312 | 45.9615 USD | ||||
common stock | Sale | 11,788 | 45.8252 USD | ||||
common stock | Sale | 10,902 | 45.8270 USD | ||||
common stock | Sale | 10,676 | 45.8000 USD | ||||
common stock | Sale | 10,623 | 46.0575 USD | ||||
common stock | Sale | 10,202 | 45.9849 USD | ||||
common stock | Sale | 10,049 | 45.7786 USD | ||||
common stock | Sale | 9,619 | 46.0736 USD | ||||
common stock | Sale | 7,171 | 45.8347 USD | ||||
common stock | Sale | 7,128 | 45.9779 USD | ||||
common stock | Sale | 6,200 | 45.6853 USD | ||||
common stock | Sale | 5,640 | 46.1395 USD | ||||
common stock | Sale | 5,162 | 45.9594 USD | ||||
common stock | Sale | 4,052 | 46.0533 USD | ||||
common stock | Sale | 4,034 | 46.2121 USD | ||||
common stock | Sale | 3,709 | 46.1229 USD | ||||
common stock | Sale | 3,693 | 46.0885 USD | ||||
common stock | Sale | 3,344 | 45.8130 USD | ||||
common stock | Sale | 3,040 | 46.0545 USD | ||||
common stock | Sale | 2,771 | 46.1954 USD | ||||
common stock | Sale | 2,552 | 45.5958 USD | ||||
common stock | Sale | 2,332 | 45.7656 USD | ||||
common stock | Sale | 2,008 | 45.8251 USD | ||||
common stock | Sale | 2,000 | 45.7147 USD | ||||
common stock | Sale | 2,000 | 45.9422 USD | ||||
common stock | Sale | 1,749 | 45.7998 USD | ||||
common stock | Sale | 1,724 | 46.2138 USD | ||||
common stock | Sale | 1,643 | 46.0376 USD | ||||
common stock | Sale | 1,615 | 45.9065 USD | ||||
common stock | Sale | 1,400 | 45.7185 USD | ||||
common stock | Sale | 1,400 | 45.8189 USD | ||||
common stock | Sale | 1,398 | 46.2142 USD | ||||
common stock | Sale | 1,300 | 46.1615 USD | ||||
common stock | Sale | 1,300 | 45.7723 USD | ||||
common stock | Sale | 1,290 | 46.1378 USD | ||||
common stock | Sale | 1,123 | 46.1593 USD | ||||
common stock | Sale | 1,100 | 45.6718 USD | ||||
common stock | Sale | 1,100 | 45.7521 USD | ||||
common stock | Sale | 1,059 | 46.1341 USD | ||||
common stock | Sale | 1,000 | 45.7407 USD | ||||
common stock | Sale | 999 | 46.0881 USD | ||||
common stock | Sale | 964 | 45.6500 USD | ||||
common stock | Sale | 959 | 44.6500 USD | ||||
common stock | Sale | 934 | 46.2200 USD | ||||
common stock | Sale | 853 | 46.2364 USD | ||||
common stock | Sale | 800 | 46.1150 USD | ||||
common stock | Sale | 800 | 46.3000 USD | ||||
common stock | Sale | 700 | 45.9442 USD | ||||
common stock | Sale | 694 | 46.2369 USD | ||||
common stock | Sale | 631 | 46.0150 USD | ||||
common stock | Sale | 627 | 45.9124 USD | ||||
common stock | Sale | 619 | 46.1982 USD | ||||
common stock | Sale | 600 | 45.6850 USD | ||||
common stock | Sale | 546 | 45.6256 USD | ||||
common stock | Sale | 540 | 45.6740 USD | ||||
common stock | Sale | 515 | 45.7243 USD | ||||
common stock | Sale | 500 | 45.7548 USD | ||||
common stock | Sale | 500 | 45.7040 USD | ||||
common stock | Sale | 481 | 45.7369 USD | ||||
common stock | Sale | 449 | 46.2555 USD | ||||
common stock | Sale | 406 | 45.8782 USD | ||||
common stock | Sale | 400 | 46.2000 USD | ||||
common stock | Sale | 400 | 46.0450 USD | ||||
common stock | Sale | 340 | 46.0026 USD | ||||
common stock | Sale | 217 | 45.6970 USD | ||||
common stock | Sale | 205 | 45.7800 USD | ||||
common stock | Sale | 200 | 45.9924 USD | ||||
common stock | Sale | 185 | 45.7847 USD | ||||
common stock | Sale | 150 | 45.6700 USD | ||||
common stock | Sale | 120 | 46.3293 USD | ||||
common stock | Sale | 100 | 45.9000 USD | ||||
common stock | Sale | 100 | 46.0715 USD | ||||
common stock | Sale | 100 | 45.8100 USD | ||||
common stock | Sale | 94 | 45.7500 USD | ||||
common stock | Sale | 80 | 45.9650 USD | ||||
common stock | Sale | 50 | 45.8200 USD | ||||
common stock | Sale | 49 | 46.2100 USD | ||||
common stock | Sale | 42 | 46.3900 USD | ||||
common stock | Sale | 38 | 45.7655 USD | ||||
common stock | Sale | 35 | 46.0014 USD | ||||
common stock | Sale | 30 | 46.2650 USD | ||||
common stock | Sale | 25 | 45.7620 USD | ||||
common stock | Sale | 25 | 45.7020 USD | ||||
common stock | Sale | 25 | 46.1020 USD | ||||
common stock | Sale | 8 | 45.5700 USD | ||||
common stock | Sale | 8 | 42.3700 EUR | ||||
common stock | Sale | 6 | 45.7967 USD | ||||
common stock | Sale | 6 | 45.7600 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 | Opening Long | 29,700 | 46.0189 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 | | | | |
common stock | Call Options | Selling | 22,600 | 48.0000 USD | American | 02 Aug 2024 | 0.2520 USD |
| | | | | | | |
(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: | 26 Jul 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 | Purchased | -24,700 | 43.0000 | American | 16 Aug 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: | |||||||
| | | | | | | |
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