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FORM 8.3
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE
BY
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A
PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%
OR
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MORE
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Rule 8.3 of the Takeover Code
(the "Code")
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1.
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KEY
INFORMATION
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(a)
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Full name of discloser:
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Barclays PLC.
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(b)
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Owner or controller of interest and short
positions disclosed, if different from
1(a):
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(c)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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INTERNATIONAL PAPER COMPANY
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(d)
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If
an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree:
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(e)
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Date position held/dealing undertaken:
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22
Aug 2024
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(f)
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In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
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YES:
DS SMITH PLC
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2.
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POSITIONS OF THE PERSON MAKING THE
DISCLOSURE
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(a)
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Interests and short positions in the relevant securities of
the offeror or offeree
to which the disclosure relates following the dealing(if
any)
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Class of relevant security:
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common stock
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
Relevant securities owned and/or controlled:
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776,850
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0.22%
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480,159
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0.14%
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(2)
Cash-settled derivatives:
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149,943
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0.04%
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0
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0.00%
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(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
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123,800
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0.04%
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0
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0.00%
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TOTAL:
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1,050,593
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0.30%
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480,159
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0.14%
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(b)
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Rights to subscribe for new securities (including directors
and
other executive options)
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Class of relevant security in relation to
which subscription right exists
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Details, including nature of the rights
concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE PERSON MAKING THE
DISCLOSURE
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(a)
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Purchase and sales
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Class of relevant
security
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Purchase/sale
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Number of
securities
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Price per
unit
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common
stock
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Purchase
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73,393
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47.9528 USD
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common
stock
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Purchase
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70,803
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47.9636 USD
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common
stock
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Purchase
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33,152
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47.9600 USD
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common
stock
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Purchase
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23,951
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47.9782 USD
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common
stock
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Purchase
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11,507
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47.9331 USD
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common
stock
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Purchase
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7,096
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48.0325 USD
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common
stock
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Purchase
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5,656
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47.9594 USD
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common
stock
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Purchase
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5,274
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48.0418 USD
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common
stock
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Purchase
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2,983
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48.0840 USD
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common
stock
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Purchase
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2,735
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47.9398 USD
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common
stock
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Purchase
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1,792
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48.0698 USD
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common
stock
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Purchase
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1,375
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48.0357 USD
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common
stock
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Purchase
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1,296
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47.9516 USD
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common
stock
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Purchase
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1,263
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48.0787 USD
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common
stock
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Purchase
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891
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47.9669 USD
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common
stock
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Purchase
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818
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48.0020 USD
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common
stock
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Purchase
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785
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48.0019 USD
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common
stock
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Purchase
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704
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48.0307 USD
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common
stock
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Purchase
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372
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48.0718 USD
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common
stock
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Purchase
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301
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47.8788 USD
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common
stock
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Purchase
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167
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47.9513 USD
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common
stock
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Purchase
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138
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48.1027 USD
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common
stock
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Purchase
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113
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47.9499 USD
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common
stock
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Purchase
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102
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47.9400 USD
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common
stock
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Purchase
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77
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48.1019 USD
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common
stock
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Purchase
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66
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48.0798 USD
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common
stock
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Purchase
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24
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47.8700 USD
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common
stock
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Purchase
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20
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48.2500 USD
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common
stock
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Purchase
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10
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47.8680 USD
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common
stock
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Sale
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85,689
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47.9495 USD
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common
stock
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Sale
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63,866
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47.9610 USD
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common
stock
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Sale
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41,425
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47.9600 USD
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common
stock
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Sale
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30,415
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47.9869 USD
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common
stock
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Sale
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5,656
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47.9594 USD
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common
stock
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Sale
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5,620
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48.0296 USD
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common
stock
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Sale
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5,455
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48.0460 USD
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common
stock
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Sale
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3,679
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48.0237 USD
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common
stock
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Sale
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2,000
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47.9570 USD
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common
stock
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Sale
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1,899
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48.1002 USD
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common
stock
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Sale
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1,432
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48.0349 USD
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common
stock
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Sale
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1,275
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47.9590 USD
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common
stock
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Sale
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1,251
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47.9669 USD
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common
stock
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Sale
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848
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48.0552 USD
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common
stock
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Sale
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639
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48.0042 USD
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common
stock
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Sale
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562
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47.9980 USD
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common
stock
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Sale
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522
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47.9402 USD
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common
stock
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Sale
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404
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48.0936 USD
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common
stock
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Sale
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400
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48.0125 USD
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common
stock
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Sale
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400
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47.8925 USD
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common
stock
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Sale
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321
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48.0509 USD
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common
stock
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Sale
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301
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47.8788 USD
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common
stock
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Sale
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242
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48.1100 USD
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common
stock
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Sale
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207
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47.9503 USD
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common
stock
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Sale
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120
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48.1600 USD
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common
stock
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Sale
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105
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48.1085 USD
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common
stock
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Sale
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89
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48.2292 USD
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common
stock
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Sale
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52
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48.0762 USD
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common
stock
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Sale
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20
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48.2500 USD
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common
stock
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Sale
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10
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48.0100 USD
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common
stock
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Sale
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10
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48.0950 USD
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common
stock
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Sale
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5
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48.1700 USD
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common
stock
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Sale
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3
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48.0900 USD
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
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Product
description
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Nature of
dealing
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Number of
reference
securities
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Price per
unit
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(c)
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Stock-settled derivative transactions
(including options)
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(i)
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Writing, selling, purchasing or varying
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Class
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
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Number
of
securities
to which
option
relates
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Exercise
price
per unit
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Type
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Expiry
date
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Option
money
paid/
received
per unit
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(ii)
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Exercising
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Class of relevant
security
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Product
description
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Exercising/ exercised
against
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Number of
securities
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Exercise price per
unit
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(d)
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Other dealings (including subscribing for
new securities)
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Class of relevant
security
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Nature of
Dealings
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Details
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Price per unit (if
applicable)
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4.
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OTHER INFORMATION
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(a)
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Indemnity and other dealings arrangements
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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 person making the
disclosure and any party
to the offer or any person acting in concert with a party to
the offer:
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NONE
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(b)
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Agreements, arrangements or understandings relating to options
or
derivatives
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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:
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NONE
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(c)
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Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
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YES
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Date of disclosure:
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23 Aug 2024
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Contact name:
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Large Holdings Regulatory
Operations
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Telephone number:
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020 3134
7213
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SUPPLEMENTAL FORM 8 (OPEN
POSITIONS)
|
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DETAILS OF OPEN OPTION AND
DERIVATIVE POSITIONS, AGREEMENTS TO
|
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PURCHASE OR SELL
ETC.
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Note 5(i) on Rule 8 of the
Takeover Code (the "Code")
|
|
1. KEY INFORMATION
|
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Identity of the person whose positions/dealings
are being disclosed:
|
Barclays PLC.
|
|
Name of offeror/offeree in relation to whose
relevant securities this from relates:
|
INTERNATIONAL PAPER CO
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2. OPTIONS AND DERIVATIVES
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Class
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
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Number
of
securities
to which
option
relates
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Exercise
price
per unit
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Type
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Expiry
date
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common
stock
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Put
Options
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Written
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123,800
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45.0000
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American
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20 Sep
2024
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3. AGREEMENTS TO PURCHASE OR SELL
ETC.
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Full details should be given so that the nature of the
interest or position can be fully understood:
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