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: | 10 Sep 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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| 830,613 | 0.24% | 498,717 | 0.14% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 376,795 | 0.11% | 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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| 1,331,208 | 0.38% | 498,717 | 0.14% |
(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 | 65,576 | 47.1007 USD | ||||
common stock | Purchase | 38,565 | 47.1266 USD | ||||
common stock | Purchase | 24,635 | 47.2039 USD | ||||
common stock | Purchase | 20,283 | 47.2222 USD | ||||
common stock | Purchase | 9,258 | 47.1447 USD | ||||
common stock | Purchase | 7,625 | 47.2258 USD | ||||
common stock | Purchase | 6,999 | 47.0600 USD | ||||
common stock | Purchase | 6,746 | 47.1805 USD | ||||
common stock | Purchase | 4,592 | 47.1980 USD | ||||
common stock | Purchase | 3,193 | 47.2197 USD | ||||
common stock | Purchase | 2,381 | 47.2294 USD | ||||
common stock | Purchase | 1,923 | 47.2889 USD | ||||
common stock | Purchase | 1,907 | 47.2153 USD | ||||
common stock | Purchase | 1,640 | 47.2566 USD | ||||
common stock | Purchase | 1,351 | 47.2595 USD | ||||
common stock | Purchase | 1,300 | 47.2200 USD | ||||
common stock | Purchase | 1,086 | 47.3495 USD | ||||
common stock | Purchase | 1,032 | 47.2161 USD | ||||
common stock | Purchase | 888 | 47.0624 USD | ||||
common stock | Purchase | 600 | 47.2450 USD | ||||
common stock | Purchase | 359 | 47.2386 USD | ||||
common stock | Purchase | 297 | 47.0716 USD | ||||
common stock | Purchase | 191 | 47.2290 USD | ||||
common stock | Purchase | 190 | 47.0560 USD | ||||
common stock | Purchase | 143 | 47.1460 USD | ||||
common stock | Purchase | 140 | 47.0650 USD | ||||
common stock | Purchase | 137 | 47.2000 USD | ||||
common stock | Purchase | 104 | 47.1753 USD | ||||
common stock | Purchase | 100 | 47.1800 USD | ||||
common stock | Purchase | 80 | 47.3222 USD | ||||
common stock | Purchase | 40 | 47.1400 USD | ||||
common stock | Purchase | 30 | 47.2500 USD | ||||
common stock | Purchase | 24 | 47.2400 USD | ||||
common stock | Purchase | 13 | 47.0700 USD | ||||
common stock | Purchase | 8 | 47.5000 USD | ||||
common stock | Purchase | 7 | 47.1700 USD | ||||
common stock | Purchase | 5 | 47.2800 USD | ||||
common stock | Sale | 70,491 | 47.1638 USD | ||||
common stock | Sale | 36,215 | 47.0610 USD | ||||
common stock | Sale | 21,422 | 47.2364 USD | ||||
common stock | Sale | 13,566 | 47.1463 USD | ||||
common stock | Sale | 9,257 | 47.1001 USD | ||||
common stock | Sale | 8,570 | 47.1703 USD | ||||
common stock | Sale | 5,141 | 47.0600 USD | ||||
common stock | Sale | 4,100 | 47.2031 USD | ||||
common stock | Sale | 3,508 | 47.2237 USD | ||||
common stock | Sale | 3,411 | 47.1512 USD | ||||
common stock | Sale | 2,555 | 47.2747 USD | ||||
common stock | Sale | 2,553 | 47.1675 USD | ||||
common stock | Sale | 2,264 | 47.2536 USD | ||||
common stock | Sale | 2,142 | 47.2270 USD | ||||
common stock | Sale | 1,976 | 47.1517 USD | ||||
common stock | Sale | 1,930 | 47.2361 USD | ||||
common stock | Sale | 1,879 | 47.1203 USD | ||||
common stock | Sale | 1,870 | 47.2141 USD | ||||
common stock | Sale | 1,300 | 47.2200 USD | ||||
common stock | Sale | 1,200 | 47.2083 USD | ||||
common stock | Sale | 1,076 | 47.1404 USD | ||||
common stock | Sale | 990 | 47.3457 USD | ||||
common stock | Sale | 888 | 47.0624 USD | ||||
common stock | Sale | 538 | 47.2228 USD | ||||
common stock | Sale | 505 | 47.1863 USD | ||||
common stock | Sale | 503 | 47.1809 USD | ||||
common stock | Sale | 419 | 47.2946 USD | ||||
common stock | Sale | 363 | 47.1405 USD | ||||
common stock | Sale | 200 | 47.2150 USD | ||||
common stock | Sale | 141 | 47.1975 USD | ||||
common stock | Sale | 105 | 47.0595 USD | ||||
common stock | Sale | 100 | 47.1900 USD | ||||
common stock | Sale | 100 | 47.1200 USD | ||||
common stock | Sale | 100 | 47.0800 USD | ||||
common stock | Sale | 84 | 47.0515 USD | ||||
common stock | Sale | 10 | 47.2750 USD | ||||
common stock | Sale | 7 | 47.1700 USD | ||||
common stock | Sale | 5 | 47.3100 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 |
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security |
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common stock | SWAP | Decreasing Long | 2,611 | 47.0625 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: | 11 Sep 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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