4 Apr 2024 14:46
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 CO | |||||
| 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: | 03 Apr 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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| 747,792 | 0.22% | 523,805 | 0.15% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 156,288 | 0.05% | 15,780 | 0.00% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 904,080 | 0.26% | 539,585 | 0.16% |
(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 |
| securities |
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common stock | Purchase | 95,997 | 39.0169 USD | ||||
common stock | Purchase | 48,114 | 38.9776 USD | ||||
common stock | Purchase | 38,797 | 39.0392 USD | ||||
common stock | Purchase | 37,822 | 38.9787 USD | ||||
common stock | Purchase | 25,816 | 38.9659 USD | ||||
common stock | Purchase | 25,000 | 38.8787 USD | ||||
common stock | Purchase | 14,038 | 39.0051 USD | ||||
common stock | Purchase | 8,085 | 39.0700 USD | ||||
common stock | Purchase | 5,827 | 38.9196 USD | ||||
common stock | Purchase | 5,244 | 38.8810 USD | ||||
common stock | Purchase | 4,340 | 38.9862 USD | ||||
common stock | Purchase | 3,681 | 38.9714 USD | ||||
common stock | Purchase | 2,955 | 38.9706 USD | ||||
common stock | Purchase | 1,830 | 38.9868 USD | ||||
common stock | Purchase | 1,624 | 39.0506 USD | ||||
common stock | Purchase | 1,329 | 39.0123 USD | ||||
common stock | Purchase | 1,245 | 39.0665 USD | ||||
common stock | Purchase | 1,116 | 38.9054 USD | ||||
common stock | Purchase | 1,023 | 38.9662 USD | ||||
common stock | Purchase | 999 | 39.0673 USD | ||||
common stock | Purchase | 453 | 39.0435 USD | ||||
common stock | Purchase | 403 | 38.9710 USD | ||||
common stock | Purchase | 332 | 39.0634 USD | ||||
common stock | Purchase | 216 | 38.9682 USD | ||||
common stock | Purchase | 165 | 39.0217 USD | ||||
common stock | Purchase | 100 | 38.9200 USD | ||||
common stock | Purchase | 100 | 38.7100 USD | ||||
common stock | Purchase | 50 | 38.7600 USD | ||||
common stock | Purchase | 27 | 38.7750 USD | ||||
common stock | Purchase | 3 | 39.0100 USD | ||||
common stock | Sale | 181,000 | 38.7000 USD | ||||
common stock | Sale | 40,687 | 38.9899 USD | ||||
common stock | Sale | 36,565 | 39.0452 USD | ||||
common stock | Sale | 35,216 | 39.0439 USD | ||||
common stock | Sale | 25,816 | 38.9659 USD | ||||
common stock | Sale | 25,000 | 38.8787 USD | ||||
common stock | Sale | 22,315 | 38.9482 USD | ||||
common stock | Sale | 20,226 | 39.0178 USD | ||||
common stock | Sale | 19,364 | 38.9983 USD | ||||
common stock | Sale | 18,905 | 38.9972 USD | ||||
common stock | Sale | 13,227 | 38.9991 USD | ||||
common stock | Sale | 10,749 | 38.9512 USD | ||||
common stock | Sale | 9,642 | 38.9835 USD | ||||
common stock | Sale | 8,652 | 38.9255 USD | ||||
common stock | Sale | 7,908 | 38.9625 USD | ||||
common stock | Sale | 7,196 | 39.0700 USD | ||||
common stock | Sale | 6,702 | 39.0020 USD | ||||
common stock | Sale | 6,687 | 38.9992 USD | ||||
common stock | Sale | 5,418 | 38.8561 USD | ||||
common stock | Sale | 5,244 | 38.8810 USD | ||||
common stock | Sale | 4,507 | 38.9048 USD | ||||
common stock | Sale | 4,437 | 39.0050 USD | ||||
common stock | Sale | 4,009 | 38.8953 USD | ||||
common stock | Sale | 3,551 | 38.9973 USD | ||||
common stock | Sale | 3,400 | 38.9711 USD | ||||
common stock | Sale | 3,192 | 38.8138 USD | ||||
common stock | Sale | 2,689 | 38.8722 USD | ||||
common stock | Sale | 2,400 | 38.9020 USD | ||||
common stock | Sale | 1,971 | 38.9213 USD | ||||
common stock | Sale | 1,800 | 38.9891 USD | ||||
common stock | Sale | 1,731 | 38.9683 USD | ||||
common stock | Sale | 1,675 | 39.0192 USD | ||||
common stock | Sale | 1,245 | 39.0665 USD | ||||
common stock | Sale | 1,023 | 38.9662 USD | ||||
common stock | Sale | 915 | 38.9868 USD | ||||
common stock | Sale | 793 | 38.8916 USD | ||||
common stock | Sale | 701 | 38.8644 USD | ||||
common stock | Sale | 601 | 38.9894 USD | ||||
common stock | Sale | 576 | 38.7584 USD | ||||
common stock | Sale | 557 | 38.9979 USD | ||||
common stock | Sale | 555 | 38.9701 USD | ||||
common stock | Sale | 542 | 39.0227 USD | ||||
common stock | Sale | 538 | 38.9395 USD | ||||
common stock | Sale | 531 | 38.9622 USD | ||||
common stock | Sale | 530 | 39.0062 USD | ||||
common stock | Sale | 516 | 39.0350 USD | ||||
common stock | Sale | 371 | 38.9557 USD | ||||
common stock | Sale | 332 | 39.0634 USD | ||||
common stock | Sale | 300 | 39.0133 USD | ||||
common stock | Sale | 300 | 38.9000 USD | ||||
common stock | Sale | 300 | 38.9800 USD | ||||
common stock | Sale | 300 | 39.0100 USD | ||||
common stock | Sale | 278 | 39.0287 USD | ||||
common stock | Sale | 247 | 39.0900 USD | ||||
common stock | Sale | 243 | 38.9713 USD | ||||
common stock | Sale | 216 | 38.9682 USD | ||||
common stock | Sale | 210 | 39.0008 USD | ||||
common stock | Sale | 200 | 39.0748 USD | ||||
common stock | Sale | 200 | 39.0125 USD | ||||
common stock | Sale | 200 | 39.0150 USD | ||||
common stock | Sale | 200 | 38.9500 USD | ||||
common stock | Sale | 200 | 38.9950 USD | ||||
common stock | Sale | 200 | 38.7350 USD | ||||
common stock | Sale | 200 | 38.8800 USD | ||||
common stock | Sale | 165 | 39.0217 USD | ||||
common stock | Sale | 160 | 38.9706 USD | ||||
common stock | Sale | 152 | 39.0950 USD | ||||
common stock | Sale | 140 | 39.0668 USD | ||||
common stock | Sale | 108 | 39.0000 USD | ||||
common stock | Sale | 100 | 38.9750 USD | ||||
common stock | Sale | 100 | 38.7900 USD | ||||
common stock | Sale | 100 | 38.7100 USD | ||||
common stock | Sale | 64 | 38.9684 USD | ||||
common stock | Sale | 50 | 38.7600 USD | ||||
common stock | Sale | 37 | 38.8250 USD | ||||
common stock | Sale | 32 | 39.0650 USD | ||||
common stock | Sale | 32 | 39.0300 USD | ||||
common stock | Sale | -181,000 | 39.0234 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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common stock | SWAP | Increasing Long | 22,400 | 38.9592 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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| paid/ |
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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common stock | Call Options | Selling | 12 | USD |
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| 0.3000 USD |
common stock | Put Options | Selling | 1,400 | 38.0000 USD | American | 12 Apr 2024 | 0.3500 USD |
common stock | Call Options | Selling | 34 | USD |
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| 0.5926 USD |
common stock | Call Options | Selling | 6,500 | 40.0000 USD | American | 17 May 2024 | 1.2023 USD |
common stock | Call Options | Selling | 73 | USD |
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| 0.6349 USD |
common stock | Put Options | Selling | 13,300 | 38.0000 USD | American | 17 May 2024 | 0.8116 USD |
common stock | Put Options | Selling | 3,400 | 40.0000 USD | American | 17 May 2024 | 1.9500 USD |
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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? | NO | ||||||
Date of disclosure: | 04 Apr 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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