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: | 27 Jan 2025 | |||||
(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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| 818,342 | 0.24% | 614,857 | 0.18% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 496,897 | 0.14% | 20,310 | 0.01% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 31,000 | 0.01% | 0 | 0.00% |
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| TOTAL: |
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| 1,346,239 | 0.39% | 635,167 | 0.18% |
(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 | 928,777 | 59.2556 USD | ||||
common stock | Purchase | 173,212 | 59.1697 USD | ||||
common stock | Purchase | 170,044 | 59.3553 USD | ||||
common stock | Purchase | 103,758 | 59.2088 USD | ||||
common stock | Purchase | 96,958 | 59.2597 USD | ||||
common stock | Purchase | 84,400 | 59.0540 USD | ||||
common stock | Purchase | 42,810 | 59.0333 USD | ||||
common stock | Purchase | 30,227 | 59.2791 USD | ||||
common stock | Purchase | 13,370 | 59.2898 USD | ||||
common stock | Purchase | 12,203 | 59.1898 USD | ||||
common stock | Purchase | 10,700 | 59.2900 USD | ||||
common stock | Purchase | 9,760 | 59.1856 USD | ||||
common stock | Purchase | 6,635 | 59.2892 USD | ||||
common stock | Purchase | 5,895 | 59.5263 USD | ||||
common stock | Purchase | 5,836 | 59.2658 USD | ||||
common stock | Purchase | 2,584 | 59.4521 USD | ||||
common stock | Purchase | 2,117 | 59.0983 USD | ||||
common stock | Purchase | 1,996 | 59.1264 USD | ||||
common stock | Purchase | 1,877 | 59.2914 USD | ||||
common stock | Purchase | 1,593 | 59.1698 USD | ||||
common stock | Purchase | 1,487 | 59.4706 USD | ||||
common stock | Purchase | 1,243 | 59.0925 USD | ||||
common stock | Purchase | 1,043 | 59.5949 USD | ||||
common stock | Purchase | 901 | 59.4283 USD | ||||
common stock | Purchase | 600 | 59.1500 USD | ||||
common stock | Purchase | 586 | 59.7748 USD | ||||
common stock | Purchase | 516 | 59.6800 USD | ||||
common stock | Purchase | 504 | 59.0307 USD | ||||
common stock | Purchase | 489 | 59.3026 USD | ||||
common stock | Purchase | 407 | 59.5973 USD | ||||
common stock | Purchase | 400 | 59.4900 USD | ||||
common stock | Purchase | 300 | 59.5500 USD | ||||
common stock | Purchase | 266 | 59.2881 USD | ||||
common stock | Purchase | 200 | 59.4700 USD | ||||
common stock | Purchase | 100 | 59.2850 USD | ||||
common stock | Purchase | 100 | 59.1600 USD | ||||
common stock | Purchase | 74 | 60.0400 USD | ||||
common stock | Purchase | 20 | 58.9625 USD | ||||
common stock | Purchase | 6 | 59.2800 USD | ||||
common stock | Purchase | 5 | 59.0600 USD | ||||
common stock | Purchase | 5 | 59.1000 USD | ||||
common stock | Purchase | 4 | 59.1837 USD | ||||
common stock | Purchase | 3 | 59.9150 USD | ||||
common stock | Purchase | 2 | 59.0700 USD | ||||
common stock | Purchase | 1 | 59.8100 USD | ||||
common stock | Sale | 1,318,232 | 59.2558 USD | ||||
common stock | Sale | 78,861 | 59.2697 USD | ||||
common stock | Sale | 67,033 | 59.0388 USD | ||||
common stock | Sale | 29,480 | 59.3890 USD | ||||
common stock | Sale | 29,033 | 59.0918 USD | ||||
common stock | Sale | 28,405 | 59.2914 USD | ||||
common stock | Sale | 25,967 | 59.0225 USD | ||||
common stock | Sale | 16,904 | 59.2900 USD | ||||
common stock | Sale | 14,223 | 59.3203 USD | ||||
common stock | Sale | 14,155 | 59.0640 USD | ||||
common stock | Sale | 12,459 | 59.1472 USD | ||||
common stock | Sale | 10,857 | 59.1268 USD | ||||
common stock | Sale | 10,530 | 59.0624 USD | ||||
common stock | Sale | 9,765 | 59.0928 USD | ||||
common stock | Sale | 9,735 | 59.2895 USD | ||||
common stock | Sale | 5,760 | 59.3093 USD | ||||
common stock | Sale | 5,271 | 59.2897 USD | ||||
common stock | Sale | 5,108 | 59.0358 USD | ||||
common stock | Sale | 5,000 | 59.2891 USD | ||||
common stock | Sale | 3,474 | 59.5797 USD | ||||
common stock | Sale | 2,696 | 59.2828 USD | ||||
common stock | Sale | 2,331 | 59.2872 USD | ||||
common stock | Sale | 2,312 | 59.4144 USD | ||||
common stock | Sale | 2,013 | 59.2779 USD | ||||
common stock | Sale | 1,126 | 59.0991 USD | ||||
common stock | Sale | 997 | 59.1026 USD | ||||
common stock | Sale | 600 | 59.1500 USD | ||||
common stock | Sale | 504 | 59.0307 USD | ||||
common stock | Sale | 405 | 59.1287 USD | ||||
common stock | Sale | 405 | 59.0485 USD | ||||
common stock | Sale | 393 | 59.2180 USD | ||||
common stock | Sale | 332 | 59.3260 USD | ||||
common stock | Sale | 276 | 59.7154 USD | ||||
common stock | Sale | 246 | 59.0515 USD | ||||
common stock | Sale | 146 | 59.2222 USD | ||||
common stock | Sale | 138 | 58.8889 USD | ||||
common stock | Sale | 119 | 58.9789 USD | ||||
common stock | Sale | 103 | 59.1311 USD | ||||
common stock | Sale | 59 | 59.1477 USD | ||||
common stock | Sale | 35 | 59.0942 USD | ||||
common stock | Sale | 23 | 59.2800 USD | ||||
common stock | Sale | 17 | 59.7958 USD | ||||
common stock | Sale | 17 | 59.0300 USD | ||||
common stock | Sale | 14 | 58.9745 USD | ||||
common stock | Sale | 4 | 59.9400 USD | ||||
common stock | Sale | 4 | 59.9345 USD | ||||
common stock | Sale | 4 | 59.0500 USD | ||||
common stock | Sale | 4 | 59.2200 USD | ||||
common stock | Sale | 3 | 59.5700 USD | ||||
common stock | Sale | 2 | 59.0950 USD | ||||
common stock | Sale | 1 | 59.8100 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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(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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(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: | 28 Jan 2025 | ||||||
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 COMPANY | ||||||
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 | Call Options | Purchased | 31,000 | 63.0000 | American | 31 Jan 2025 | |
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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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