| 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: | 02 Jan 2025 | |||||
| (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: |
|
| 705,292 | 0.20% | 999,895 | 0.29% |
| (2) | Cash-settled derivatives: |
|
|
|
| ||
|
| and/or controlled: |
|
| 534,162 | 0.15% | 13,660 | 0.00% |
| (3) | Stock-settled derivatives (including options) |
|
|
|
| ||
|
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 1,239,454 | 0.36% | 1,013,555 | 0.29% |
| (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 | 153,325 | 53.2102 USD | ||||
| common stock | Purchase | 89,082 | 53.1600 USD | ||||
| common stock | Purchase | 58,148 | 53.1599 USD | ||||
| common stock | Purchase | 40,193 | 53.2092 USD | ||||
| common stock | Purchase | 32,792 | 53.1603 USD | ||||
| common stock | Purchase | 23,863 | 53.1670 USD | ||||
| common stock | Purchase | 19,278 | 53.1509 USD | ||||
| common stock | Purchase | 13,991 | 53.2637 USD | ||||
| common stock | Purchase | 11,841 | 53.0646 USD | ||||
| common stock | Purchase | 11,829 | 53.4339 USD | ||||
| common stock | Purchase | 8,862 | 53.2512 USD | ||||
| common stock | Purchase | 7,503 | 53.2098 USD | ||||
| common stock | Purchase | 6,691 | 53.4547 USD | ||||
| common stock | Purchase | 5,769 | 53.2320 USD | ||||
| common stock | Purchase | 1,810 | 53.5002 USD | ||||
| common stock | Purchase | 1,521 | 53.8372 USD | ||||
| common stock | Purchase | 1,374 | 53.1233 USD | ||||
| common stock | Purchase | 1,322 | 53.2664 USD | ||||
| common stock | Purchase | 1,166 | 53.3349 USD | ||||
| common stock | Purchase | 1,120 | 53.2421 USD | ||||
| common stock | Purchase | 787 | 53.3721 USD | ||||
| common stock | Purchase | 691 | 53.2353 USD | ||||
| common stock | Purchase | 683 | 53.5736 USD | ||||
| common stock | Purchase | 550 | 53.5145 USD | ||||
| common stock | Purchase | 500 | 53.5040 USD | ||||
| common stock | Purchase | 430 | 53.3083 USD | ||||
| common stock | Purchase | 329 | 53.5697 USD | ||||
| common stock | Purchase | 264 | 53.6002 USD | ||||
| common stock | Purchase | 200 | 53.9550 USD | ||||
| common stock | Purchase | 200 | 53.5350 USD | ||||
| common stock | Purchase | 172 | 53.9600 USD | ||||
| common stock | Purchase | 154 | 53.3376 USD | ||||
| common stock | Purchase | 114 | 53.1300 USD | ||||
| common stock | Purchase | 110 | 53.6609 USD | ||||
| common stock | Purchase | 109 | 53.3969 USD | ||||
| common stock | Purchase | 103 | 53.1420 USD | ||||
| common stock | Purchase | 100 | 53.1700 USD | ||||
| common stock | Purchase | 100 | 53.6900 USD | ||||
| common stock | Purchase | 100 | 53.6800 USD | ||||
| common stock | Purchase | 81 | 53.2966 USD | ||||
| common stock | Purchase | 74 | 53.3975 USD | ||||
| common stock | Purchase | 69 | 53.9700 USD | ||||
| common stock | Purchase | 40 | 53.1750 USD | ||||
| common stock | Purchase | 24 | 53.4383 USD | ||||
| common stock | Purchase | 15 | 53.5300 USD | ||||
| common stock | Purchase | 12 | 53.2050 USD | ||||
| common stock | Purchase | 12 | 53.9750 USD | ||||
| common stock | Purchase | 9 | 53.5400 USD | ||||
| common stock | Purchase | 6 | 53.5550 USD | ||||
| common stock | Sale | 214,688 | 53.2169 USD | ||||
| common stock | Sale | 147,709 | 53.1600 USD | ||||
| common stock | Sale | 82,932 | 53.1599 USD | ||||
| common stock | Sale | 50,042 | 53.1602 USD | ||||
| common stock | Sale | 14,310 | 53.1095 USD | ||||
| common stock | Sale | 8,672 | 53.3631 USD | ||||
| common stock | Sale | 8,107 | 53.0532 USD | ||||
| common stock | Sale | 7,884 | 53.2473 USD | ||||
| common stock | Sale | 5,001 | 53.1601 USD | ||||
| common stock | Sale | 4,522 | 53.5671 USD | ||||
| common stock | Sale | 4,225 | 53.3549 USD | ||||
| common stock | Sale | 3,957 | 53.3159 USD | ||||
| common stock | Sale | 2,905 | 53.1743 USD | ||||
| common stock | Sale | 2,658 | 53.4036 USD | ||||
| common stock | Sale | 2,657 | 53.5176 USD | ||||
| common stock | Sale | 2,380 | 53.0490 USD | ||||
| common stock | Sale | 1,474 | 53.7116 USD | ||||
| common stock | Sale | 1,000 | 53.4150 USD | ||||
| common stock | Sale | 922 | 53.5118 USD | ||||
| common stock | Sale | 918 | 53.5892 USD | ||||
| common stock | Sale | 690 | 53.1762 USD | ||||
| common stock | Sale | 549 | 53.0875 USD | ||||
| common stock | Sale | 538 | 53.3801 USD | ||||
| common stock | Sale | 500 | 53.5040 USD | ||||
| common stock | Sale | 500 | 53.2480 USD | ||||
| common stock | Sale | 430 | 53.3083 USD | ||||
| common stock | Sale | 249 | 53.3550 USD | ||||
| common stock | Sale | 231 | 53.1258 USD | ||||
| common stock | Sale | 207 | 53.3736 USD | ||||
| common stock | Sale | 200 | 53.9550 USD | ||||
| common stock | Sale | 133 | 53.3451 USD | ||||
| common stock | Sale | 112 | 53.6500 USD | ||||
| common stock | Sale | 109 | 53.4821 USD | ||||
| common stock | Sale | 100 | 53.1300 USD | ||||
| common stock | Sale | 100 | 53.1800 USD | ||||
| common stock | Sale | 56 | 53.5910 USD | ||||
| common stock | Sale | 47 | 53.4000 USD | ||||
| common stock | Sale | 40 | 53.5525 USD | ||||
| common stock | Sale | 38 | 53.3436 USD | ||||
| common stock | Sale | 36 | 53.1500 USD | ||||
| common stock | Sale | 30 | 53.5300 USD | ||||
| common stock | Sale | 26 | 53.1819 USD | ||||
| common stock | Sale | 12 | 53.9750 USD | ||||
| common stock | Sale | 5 | 54.0000 USD | ||||
| common stock | Sale | 5 | 53.3500 USD | ||||
| common stock | Sale | 4 | 53.7113 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 | 2,385 | 53.1575 USD | |||
| common stock | SWAP | Decreasing Long | 3,534 | 53.1609 USD | |||
| common stock | SWAP | Decreasing Long | 333 | 53.1624 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? | NO | ||||||
| Date of disclosure: | 03 Jan 2025 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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.
