RNS Number : 1455X
Barclays PLC
19 July 2024
 

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:

18 Jul 2024

(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:



811,879

0.23%

415,740

0.12%

(2)

Cash-settled derivatives:






and/or controlled:



76,162

0.02%

0

0.00%

(3)

Stock-settled derivatives (including options)






and agreements to purchase/sell:



24,200

0.01%

24,700

0.01%










TOTAL:



912,241

0.26%

440,440

0.13%

(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

63,163

45.9093  USD

common stock

Purchase

27,665

45.8620  USD

common stock

Purchase

27,633

45.8651  USD

common stock

Purchase

24,852

45.8640  USD

common stock

Purchase

23,484

45.8583  USD

common stock

Purchase

16,725

45.8700  USD

common stock

Purchase

8,679

45.8836  USD

common stock

Purchase

8,188

45.8691  USD

common stock

Purchase

7,269

45.8434  USD

common stock

Purchase

6,548

45.7758  USD

common stock

Purchase

4,289

45.8232  USD

common stock

Purchase

3,343

45.7959  USD

common stock

Purchase

3,112

45.8621  USD

common stock

Purchase

3,027

45.8081  USD

common stock

Purchase

2,806

45.8475  USD

common stock

Purchase

2,785

45.8521  USD

common stock

Purchase

2,737

45.8614  USD

common stock

Purchase

2,390

45.7435  USD

common stock

Purchase

2,128

45.7436  USD

common stock

Purchase

1,531

45.7847  USD

common stock

Purchase

1,460

45.9006  USD

common stock

Purchase

1,290

45.8590  USD

common stock

Purchase

1,257

45.9536  USD

common stock

Purchase

1,180

45.8548  USD

common stock

Purchase

1,085

45.7981  USD

common stock

Purchase

900

45.8611  USD

common stock

Purchase

500

45.8380  USD

common stock

Purchase

329

45.7516  USD

common stock

Purchase

327

45.8711  USD

common stock

Purchase

300

45.8200  USD

common stock

Purchase

208

45.8857  USD

common stock

Purchase

125

45.8800  USD

common stock

Purchase

100

45.8100  USD

common stock

Purchase

100

45.8600  USD

common stock

Purchase

100

45.9600  USD

common stock

Purchase

100

46.0300  USD

common stock

Purchase

96

45.8695  USD

common stock

Purchase

96

45.8694  USD

common stock

Purchase

42

45.8444  USD

common stock

Purchase

30

45.6150  USD

common stock

Purchase

30

45.8900  USD

common stock

Purchase

13

45.9861  USD

common stock

Purchase

10

45.7100  USD

common stock

Purchase

1

45.8250  USD

common stock

Sale

34,451

45.8366  USD

common stock

Sale

27,240

45.8282  USD

common stock

Sale

26,325

45.8969  USD

common stock

Sale

22,757

45.8599  USD

common stock

Sale

20,520

45.9066  USD

common stock

Sale

18,307

45.8704  USD

common stock

Sale

14,112

45.8700  USD

common stock

Sale

11,125

45.8530  USD

common stock

Sale

9,753

45.9146  USD

common stock

Sale

8,188

45.8691  USD

common stock

Sale

5,416

45.8490  USD

common stock

Sale

4,948

45.9509  USD

common stock

Sale

4,852

45.8641  USD

common stock

Sale

4,740

45.8948  USD

common stock

Sale

3,377

45.8990  USD

common stock

Sale

3,112

45.8621  USD

common stock

Sale

2,855

45.7953  USD

common stock

Sale

2,788

45.8307  USD

common stock

Sale

2,460

45.8462  USD

common stock

Sale

2,272

45.8693  USD

common stock

Sale

2,039

45.7659  USD

common stock

Sale

1,464

45.8963  USD

common stock

Sale

1,460

45.9006  USD

common stock

Sale

1,458

45.8248  USD

common stock

Sale

1,431

45.9595  USD

common stock

Sale

1,180

45.8548  USD

common stock

Sale

1,105

45.9717  USD

common stock

Sale

1,055

45.8842  USD

common stock

Sale

958

45.9310  USD

common stock

Sale

909

45.8565  USD

common stock

Sale

800

45.8650  USD

common stock

Sale

720

45.8893  USD

common stock

Sale

517

46.1062  USD

common stock

Sale

376

45.9300  USD

common stock

Sale

212

45.8464  USD

common stock

Sale

208

45.8857  USD

common stock

Sale

152

45.8220  USD

common stock

Sale

151

45.7691  USD

common stock

Sale

136

45.8537  USD

common stock

Sale

100

45.8600  USD

common stock

Sale

100

46.1300  USD

common stock

Sale

100

45.8300  USD

common stock

Sale

96

45.8694  USD

common stock

Sale

95

45.8500  USD

common stock

Sale

91

45.6400  USD

common stock

Sale

80

45.9347  USD

common stock

Sale

60

45.6150  USD

common stock

Sale

51

45.8033  USD

common stock

Sale

35

45.8614  USD

common stock

Sale

31

45.8027  USD

common stock

Sale

25

45.8020  USD

common stock

Sale

20

45.9400  USD

common stock

Sale

10

45.7000  USD

common stock

Sale

10

45.7100  USD

common stock

Sale

9

45.7500  USD

common stock

Sale

5

45.8000  USD

common stock

Sale

5

46.1400  USD

common stock

Sale

1

45.8250  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:

19 Jul 2024

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 CO

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

Put Options

Purchased

-24,700

43.0000

American

16 Aug 2024

common stock

Put Options

Written

24,200

43.0000

American

19 Jul 2024









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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