Source - LSE Regulatory
RNS Number : 9958U
Barclays PLC
28 January 2025
 

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:

27 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:

 

 

818,342

0.24%

614,857

0.18%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

496,897

0.14%

20,310

0.01%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

31,000

0.01%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

1,346,239

0.39%

635,167

0.18%

(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

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

 

 

 

 

 

 

 

 

(b)

Cash-settled derivative transactions

 

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

 

reference

unit

security

 

 

securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(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:

28 Jan 2025

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 COMPANY

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

Call Options

Purchased

31,000

63.0000

American

31 Jan 2025

 

 

 

 

 

 

 

 

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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