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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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12
Sep 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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822,449
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0.24%
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489,348
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0.14%
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(2)
Cash-settled derivatives:
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367,532
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0.11%
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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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1,313,781
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0.38%
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489,348
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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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94,182
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47.6893 USD
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common
stock
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Purchase
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37,014
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47.8652 USD
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common
stock
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Purchase
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31,084
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47.9400 USD
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common
stock
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Purchase
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30,029
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47.8281 USD
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common
stock
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Purchase
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11,950
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47.6316 USD
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common
stock
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Purchase
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10,189
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47.8679 USD
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common
stock
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Purchase
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7,928
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47.6765 USD
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common
stock
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Purchase
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6,626
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47.7004 USD
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common
stock
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Purchase
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6,289
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47.5025 USD
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common
stock
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Purchase
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1,920
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47.6270 USD
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common
stock
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Purchase
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1,916
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47.3716 USD
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common
stock
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Purchase
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1,283
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47.6770 USD
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common
stock
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Purchase
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1,185
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47.4602 USD
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common
stock
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Purchase
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1,028
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47.4164 USD
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common
stock
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Purchase
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706
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47.3500 USD
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common
stock
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Purchase
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669
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47.5593 USD
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common
stock
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Purchase
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646
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47.5612 USD
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common
stock
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Purchase
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597
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47.5021 USD
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common
stock
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Purchase
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386
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47.6378 USD
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common
stock
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Purchase
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300
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48.0167 USD
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common
stock
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Purchase
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295
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47.5901 USD
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common
stock
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Purchase
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292
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47.6415 USD
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common
stock
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Purchase
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255
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47.5349 USD
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common
stock
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Purchase
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189
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47.6152 USD
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common
stock
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Purchase
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169
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47.7878 USD
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common
stock
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Purchase
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150
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47.6683 USD
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common
stock
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Purchase
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140
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47.3085 USD
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common
stock
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Purchase
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134
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47.6068 USD
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common
stock
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Purchase
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43
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42.8600 EUR
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common
stock
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Purchase
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4
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47.3400 USD
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common
stock
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Purchase
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2
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47.5500 USD
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common
stock
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Sale
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39,412
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47.8335 USD
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common
stock
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Sale
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34,131
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47.9400 USD
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common
stock
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Sale
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28,542
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47.6622 USD
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common
stock
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Sale
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28,253
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47.6926 USD
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common
stock
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Sale
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25,312
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47.9216 USD
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common
stock
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Sale
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13,019
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47.7625 USD
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common
stock
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Sale
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12,617
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47.6391 USD
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common
stock
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Sale
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11,811
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47.6335 USD
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common
stock
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Sale
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11,252
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47.6555 USD
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common
stock
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Sale
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8,514
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47.5728 USD
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common
stock
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Sale
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6,010
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47.5191 USD
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common
stock
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Sale
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5,676
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47.9382 USD
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common
stock
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Sale
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4,615
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47.7315 USD
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common
stock
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Sale
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4,004
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47.5415 USD
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common
stock
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Sale
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3,825
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47.9058 USD
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common
stock
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Sale
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2,011
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47.6290 USD
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common
stock
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Sale
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1,920
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47.6270 USD
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common
stock
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Sale
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1,916
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47.3716 USD
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common
stock
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Sale
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1,018
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47.7897 USD
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common
stock
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Sale
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892
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47.4489 USD
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common
stock
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Sale
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701
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47.4336 USD
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common
stock
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Sale
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600
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47.3100 USD
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common
stock
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Sale
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541
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47.8234 USD
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common
stock
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Sale
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414
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47.5417 USD
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common
stock
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Sale
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408
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47.8592 USD
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common
stock
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Sale
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300
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47.5100 USD
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common
stock
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Sale
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300
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48.0167 USD
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common
stock
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Sale
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292
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47.6415 USD
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common
stock
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Sale
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257
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47.7578 USD
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common
stock
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Sale
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218
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47.9459 USD
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common
stock
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Sale
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200
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47.8050 USD
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common
stock
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Sale
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169
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47.7878 USD
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common
stock
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Sale
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150
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47.6683 USD
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common
stock
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Sale
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101
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47.3009 USD
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common
stock
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Sale
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100
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47.8300 USD
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common
stock
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Sale
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70
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47.3086 USD
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common
stock
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Sale
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70
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47.3085 USD
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common
stock
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Sale
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43
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42.8600 EUR
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common
stock
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Sale
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2
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47.9300 USD
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common
stock
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Sale
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1
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48.0150 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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common
stock
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SWAP
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Decreasing Long
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4,513
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47.9424 USD
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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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common
stock
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Put
Options
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Purchasing
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50,000
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48.0000 USD
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American
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20 Jun
2025
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4.0000 USD
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common
stock
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Call
Options
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Purchasing
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50,000
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53.0000 USD
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American
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20 Jun
2025
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2.2500 USD
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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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13 Sep 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")
|
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1. KEY INFORMATION
|
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Identity of the person whose positions/dealings
are being disclosed:
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Barclays PLC.
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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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