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 |
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| 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 |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 20 Aug 2024 | |||||
(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 | ||||||
(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 | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 763,141 | 0.22% | 442,382 | 0.13% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 149,943 | 0.04% | 0 | 0.00% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 123,800 | 0.04% | 0 | 0.00% |
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| TOTAL: |
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| 1,036,884 | 0.30% | 442,382 | 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 | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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common stock | Purchase | 60,035 | 47.4596 USD | ||||
common stock | Purchase | 42,971 | 47.4480 USD | ||||
common stock | Purchase | 35,392 | 47.4125 USD | ||||
common stock | Purchase | 31,632 | 47.4963 USD | ||||
common stock | Purchase | 19,071 | 47.4832 USD | ||||
common stock | Purchase | 12,260 | 47.4967 USD | ||||
common stock | Purchase | 11,273 | 47.5172 USD | ||||
common stock | Purchase | 9,468 | 47.4477 USD | ||||
common stock | Purchase | 8,818 | 47.4360 USD | ||||
common stock | Purchase | 8,236 | 47.5021 USD | ||||
common stock | Purchase | 7,560 | 47.3961 USD | ||||
common stock | Purchase | 6,980 | 47.4971 USD | ||||
common stock | Purchase | 3,434 | 47.4812 USD | ||||
common stock | Purchase | 3,323 | 47.4500 USD | ||||
common stock | Purchase | 2,875 | 47.5238 USD | ||||
common stock | Purchase | 2,604 | 47.4922 USD | ||||
common stock | Purchase | 2,413 | 47.4668 USD | ||||
common stock | Purchase | 2,400 | 47.3995 USD | ||||
common stock | Purchase | 2,186 | 47.4893 USD | ||||
common stock | Purchase | 1,847 | 47.4463 USD | ||||
common stock | Purchase | 1,200 | 47.4858 USD | ||||
common stock | Purchase | 1,194 | 47.4060 USD | ||||
common stock | Purchase | 1,001 | 47.4982 USD | ||||
common stock | Purchase | 780 | 47.4920 USD | ||||
common stock | Purchase | 488 | 47.5071 USD | ||||
common stock | Purchase | 375 | 47.3814 USD | ||||
common stock | Purchase | 364 | 47.7100 USD | ||||
common stock | Purchase | 350 | 47.3500 USD | ||||
common stock | Purchase | 326 | 47.3763 USD | ||||
common stock | Purchase | 300 | 47.5100 USD | ||||
common stock | Purchase | 213 | 47.4806 USD | ||||
common stock | Purchase | 201 | 47.5091 USD | ||||
common stock | Purchase | 200 | 47.6050 USD | ||||
common stock | Purchase | 200 | 47.4450 USD | ||||
common stock | Purchase | 200 | 47.7300 USD | ||||
common stock | Purchase | 130 | 47.6800 USD | ||||
common stock | Purchase | 100 | 47.3900 USD | ||||
common stock | Purchase | 5 | 47.5000 USD | ||||
common stock | Purchase | 2 | 47.4000 USD | ||||
common stock | Sale | 47,742 | 47.4428 USD | ||||
common stock | Sale | 42,908 | 47.4563 USD | ||||
common stock | Sale | 35,392 | 47.4125 USD | ||||
common stock | Sale | 31,632 | 47.4963 USD | ||||
common stock | Sale | 18,246 | 47.4500 USD | ||||
common stock | Sale | 17,198 | 47.4392 USD | ||||
common stock | Sale | 12,760 | 47.4667 USD | ||||
common stock | Sale | 11,756 | 47.5007 USD | ||||
common stock | Sale | 8,094 | 47.5112 USD | ||||
common stock | Sale | 5,851 | 47.4842 USD | ||||
common stock | Sale | 4,658 | 47.3851 USD | ||||
common stock | Sale | 4,046 | 47.5225 USD | ||||
common stock | Sale | 3,989 | 47.4749 USD | ||||
common stock | Sale | 3,255 | 47.4945 USD | ||||
common stock | Sale | 3,014 | 47.4556 USD | ||||
common stock | Sale | 2,895 | 47.4698 USD | ||||
common stock | Sale | 2,747 | 47.4699 USD | ||||
common stock | Sale | 2,497 | 47.3713 USD | ||||
common stock | Sale | 2,306 | 47.3935 USD | ||||
common stock | Sale | 2,300 | 47.4000 USD | ||||
common stock | Sale | 2,150 | 47.4198 USD | ||||
common stock | Sale | 2,042 | 47.3880 USD | ||||
common stock | Sale | 1,749 | 47.4043 USD | ||||
common stock | Sale | 1,707 | 47.3407 USD | ||||
common stock | Sale | 1,527 | 47.4013 USD | ||||
common stock | Sale | 1,497 | 47.5049 USD | ||||
common stock | Sale | 1,426 | 47.3794 USD | ||||
common stock | Sale | 1,321 | 47.4112 USD | ||||
common stock | Sale | 1,225 | 47.3588 USD | ||||
common stock | Sale | 900 | 47.3822 USD | ||||
common stock | Sale | 831 | 47.4180 USD | ||||
common stock | Sale | 607 | 47.4658 USD | ||||
common stock | Sale | 500 | 47.4190 USD | ||||
common stock | Sale | 500 | 47.4300 USD | ||||
common stock | Sale | 477 | 47.4533 USD | ||||
common stock | Sale | 379 | 47.7100 USD | ||||
common stock | Sale | 308 | 47.4200 USD | ||||
common stock | Sale | 307 | 47.4360 USD | ||||
common stock | Sale | 300 | 47.5533 USD | ||||
common stock | Sale | 300 | 47.6233 USD | ||||
common stock | Sale | 200 | 47.3600 USD | ||||
common stock | Sale | 200 | 47.4450 USD | ||||
common stock | Sale | 200 | 47.4400 USD | ||||
common stock | Sale | 200 | 47.7300 USD | ||||
common stock | Sale | 115 | 47.4278 USD | ||||
common stock | Sale | 100 | 47.4600 USD | ||||
common stock | Sale | 100 | 47.3900 USD | ||||
common stock | Sale | 81 | 47.4914 USD | ||||
common stock | Sale | 46 | 47.4100 USD | ||||
common stock | Sale | 26 | 47.6800 USD | ||||
common stock | Sale | 10 | 47.4800 USD | ||||
common stock | Sale | 5 | 47.5000 USD | ||||
common stock | Sale | 3 | 47.5200 USD | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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| securities |
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common stock | SWAP | Increasing Short | 29600 | 47.4500 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 |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| 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 | |||
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 | ||||
security |
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4. | OTHER INFORMATION | ||||||
(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 | |||||||
(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 | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | YES | ||||||
Date of disclosure: | 21 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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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: | |||||||
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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 | |
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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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