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: | 04 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: |
|
| 831,459 | 0.24% | 489,592 | 0.14% |
(2) | Cash-settled derivatives: |
|
|
|
| ||
| and/or controlled: |
|
| 367,654 | 0.11% | 0 | 0.00% |
(3) | Stock-settled derivatives (including options) |
|
|
|
| ||
| and agreements to purchase/sell: |
|
| 123,800 | 0.04% | 0 | 0.00% |
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 1,322,913 | 0.38% | 489,592 | 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 | 103,347 | 47.3586 USD | ||||
common stock | Purchase | 48,565 | 47.3122 USD | ||||
common stock | Purchase | 36,424 | 47.4010 USD | ||||
common stock | Purchase | 35,674 | 47.3932 USD | ||||
common stock | Purchase | 28,890 | 47.4768 USD | ||||
common stock | Purchase | 22,877 | 47.2813 USD | ||||
common stock | Purchase | 22,501 | 47.3100 USD | ||||
common stock | Purchase | 20,502 | 47.3289 USD | ||||
common stock | Purchase | 12,973 | 47.3130 USD | ||||
common stock | Purchase | 9,850 | 47.4131 USD | ||||
common stock | Purchase | 9,510 | 47.3223 USD | ||||
common stock | Purchase | 9,174 | 47.2797 USD | ||||
common stock | Purchase | 4,914 | 47.2855 USD | ||||
common stock | Purchase | 3,454 | 47.3911 USD | ||||
common stock | Purchase | 3,400 | 47.3600 USD | ||||
common stock | Purchase | 3,289 | 47.3502 USD | ||||
common stock | Purchase | 3,247 | 47.4406 USD | ||||
common stock | Purchase | 3,100 | 47.3692 USD | ||||
common stock | Purchase | 2,567 | 47.3099 USD | ||||
common stock | Purchase | 2,221 | 47.3629 USD | ||||
common stock | Purchase | 1,825 | 47.4328 USD | ||||
common stock | Purchase | 800 | 47.2737 USD | ||||
common stock | Purchase | 756 | 47.4211 USD | ||||
common stock | Purchase | 405 | 47.4342 USD | ||||
common stock | Purchase | 377 | 47.3270 USD | ||||
common stock | Purchase | 364 | 47.2100 USD | ||||
common stock | Purchase | 334 | 47.5700 USD | ||||
common stock | Purchase | 254 | 47.2864 USD | ||||
common stock | Purchase | 250 | 47.5750 USD | ||||
common stock | Purchase | 222 | 47.2527 USD | ||||
common stock | Purchase | 200 | 47.1750 USD | ||||
common stock | Purchase | 198 | 47.2095 USD | ||||
common stock | Purchase | 168 | 47.4747 USD | ||||
common stock | Purchase | 100 | 47.3150 USD | ||||
common stock | Purchase | 95 | 47.2600 USD | ||||
common stock | Purchase | 91 | 47.3200 USD | ||||
common stock | Purchase | 34 | 47.5200 USD | ||||
common stock | Purchase | 15 | 47.5550 USD | ||||
common stock | Purchase | 4 | 47.5100 USD | ||||
common stock | Sale | 144,473 | 47.3711 USD | ||||
common stock | Sale | 65,424 | 47.3610 USD | ||||
common stock | Sale | 34,463 | 47.3328 USD | ||||
common stock | Sale | 22,021 | 47.3412 USD | ||||
common stock | Sale | 21,619 | 47.3100 USD | ||||
common stock | Sale | 19,708 | 47.3111 USD | ||||
common stock | Sale | 16,752 | 47.2714 USD | ||||
common stock | Sale | 16,270 | 47.5701 USD | ||||
common stock | Sale | 8,769 | 47.3407 USD | ||||
common stock | Sale | 6,976 | 47.3063 USD | ||||
common stock | Sale | 6,102 | 47.3086 USD | ||||
common stock | Sale | 5,210 | 47.2742 USD | ||||
common stock | Sale | 5,182 | 47.3650 USD | ||||
common stock | Sale | 3,422 | 47.3099 USD | ||||
common stock | Sale | 3,400 | 47.3600 USD | ||||
common stock | Sale | 2,162 | 47.3340 USD | ||||
common stock | Sale | 2,149 | 47.3761 USD | ||||
common stock | Sale | 1,550 | 47.3692 USD | ||||
common stock | Sale | 1,472 | 47.3386 USD | ||||
common stock | Sale | 831 | 47.4086 USD | ||||
common stock | Sale | 674 | 47.3864 USD | ||||
common stock | Sale | 548 | 47.3632 USD | ||||
common stock | Sale | 436 | 47.4386 USD | ||||
common stock | Sale | 377 | 47.3270 USD | ||||
common stock | Sale | 365 | 47.3566 USD | ||||
common stock | Sale | 334 | 47.5700 USD | ||||
common stock | Sale | 222 | 47.2527 USD | ||||
common stock | Sale | 220 | 47.3779 USD | ||||
common stock | Sale | 198 | 47.2095 USD | ||||
common stock | Sale | 180 | 47.3919 USD | ||||
common stock | Sale | 125 | 47.5750 USD | ||||
common stock | Sale | 89 | 47.4396 USD | ||||
common stock | Sale | 86 | 47.5124 USD | ||||
common stock | Sale | 65 | 47.3738 USD | ||||
common stock | Sale | 34 | 47.5200 USD | ||||
common stock | Sale | 31 | 47.3120 USD | ||||
common stock | Sale | 30 | 47.5550 USD | ||||
common stock | Sale | 27 | 47.5000 USD | ||||
common stock | Sale | 22 | 47.3000 USD | ||||
common stock | Sale | 20 | 47.2875 USD | ||||
common stock | Sale | 10 | 47.3900 USD | ||||
common stock | Sale | 5 | 47.5100 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 | 1,712 | 47.3074 USD | |||
common stock | SWAP | Decreasing Long | 1,448 | 47.3125 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: | 05 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.