| 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: | 25 Apr 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: |
|
| 737,846 | 0.21% | 664,892 | 0.19% |
| (2) | Cash-settled derivatives: |
|
|
|
| ||
|
| and/or controlled: |
|
| 349,960 | 0.10% | 27,615 | 0.01% |
| (3) | Stock-settled derivatives (including options) |
|
|
|
| ||
|
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 1,087,806 | 0.31% | 692,507 | 0.20% |
| (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 | 222,737 | 33.7502 USD | ||||
| common stock | Purchase | 201,520 | 33.5123 USD | ||||
| common stock | Purchase | 200,000 | 33.8547 USD | ||||
| common stock | Purchase | 116,216 | 33.6720 USD | ||||
| common stock | Purchase | 91,848 | 33.7693 USD | ||||
| common stock | Purchase | 69,437 | 33.6600 USD | ||||
| common stock | Purchase | 52,439 | 33.5695 USD | ||||
| common stock | Purchase | 50,000 | 33.6760 USD | ||||
| common stock | Purchase | 50,000 | 34.0336 USD | ||||
| common stock | Purchase | 49,148 | 33.5195 USD | ||||
| common stock | Purchase | 31,150 | 33.6959 USD | ||||
| common stock | Purchase | 28,064 | 33.5200 USD | ||||
| common stock | Purchase | 24,641 | 33.9960 USD | ||||
| common stock | Purchase | 17,392 | 33.8307 USD | ||||
| common stock | Purchase | 17,052 | 33.7627 USD | ||||
| common stock | Purchase | 16,185 | 33.7221 USD | ||||
| common stock | Purchase | 15,292 | 33.8483 USD | ||||
| common stock | Purchase | 12,797 | 33.8196 USD | ||||
| common stock | Purchase | 10,204 | 34.0500 USD | ||||
| common stock | Purchase | 6,852 | 33.4418 USD | ||||
| common stock | Purchase | 6,186 | 33.7483 USD | ||||
| common stock | Purchase | 6,048 | 33.4017 USD | ||||
| common stock | Purchase | 5,004 | 33.5475 USD | ||||
| common stock | Purchase | 4,600 | 33.9821 USD | ||||
| common stock | Purchase | 3,504 | 33.8276 USD | ||||
| common stock | Purchase | 3,327 | 33.6866 USD | ||||
| common stock | Purchase | 3,270 | 33.6670 USD | ||||
| common stock | Purchase | 3,057 | 33.6871 USD | ||||
| common stock | Purchase | 2,894 | 33.6476 USD | ||||
| common stock | Purchase | 2,772 | 33.8777 USD | ||||
| common stock | Purchase | 2,748 | 33.8828 USD | ||||
| common stock | Purchase | 2,645 | 34.1355 USD | ||||
| common stock | Purchase | 2,174 | 33.8936 USD | ||||
| common stock | Purchase | 1,497 | 34.0747 USD | ||||
| common stock | Purchase | 1,274 | 33.9402 USD | ||||
| common stock | Purchase | 1,126 | 33.9816 USD | ||||
| common stock | Purchase | 1,058 | 33.6790 USD | ||||
| common stock | Purchase | 500 | 33.9800 USD | ||||
| common stock | Purchase | 470 | 33.9629 USD | ||||
| common stock | Purchase | 436 | 33.6818 USD | ||||
| common stock | Purchase | 420 | 33.5035 USD | ||||
| common stock | Purchase | 390 | 33.8841 USD | ||||
| common stock | Purchase | 300 | 33.7866 USD | ||||
| common stock | Purchase | 300 | 33.9000 USD | ||||
| common stock | Purchase | 300 | 33.4641 USD | ||||
| common stock | Purchase | 300 | 34.0733 USD | ||||
| common stock | Purchase | 255 | 33.9664 USD | ||||
| common stock | Purchase | 239 | 33.8763 USD | ||||
| common stock | Purchase | 204 | 33.9820 USD | ||||
| common stock | Purchase | 200 | 33.4362 USD | ||||
| common stock | Purchase | 101 | 34.0991 USD | ||||
| common stock | Purchase | 100 | 34.0000 USD | ||||
| common stock | Purchase | 65 | 33.5600 USD | ||||
| common stock | Purchase | 62 | 31.3000 EUR | ||||
| common stock | Purchase | 16 | 33.5962 USD | ||||
| common stock | Purchase | 1 | 33.6300 USD | ||||
| common stock | Sale | 252,594 | 33.5043 USD | ||||
| common stock | Sale | 200,000 | 33.8547 USD | ||||
| common stock | Sale | 109,318 | 33.7241 USD | ||||
| common stock | Sale | 101,507 | 33.6673 USD | ||||
| common stock | Sale | 71,558 | 33.7744 USD | ||||
| common stock | Sale | 64,524 | 33.8963 USD | ||||
| common stock | Sale | 40,971 | 33.8409 USD | ||||
| common stock | Sale | 36,643 | 33.5521 USD | ||||
| common stock | Sale | 34,336 | 33.7220 USD | ||||
| common stock | Sale | 33,894 | 33.5349 USD | ||||
| common stock | Sale | 28,935 | 33.5200 USD | ||||
| common stock | Sale | 28,229 | 33.8722 USD | ||||
| common stock | Sale | 25,935 | 33.5599 USD | ||||
| common stock | Sale | 24,690 | 33.7592 USD | ||||
| common stock | Sale | 24,641 | 33.9960 USD | ||||
| common stock | Sale | 19,207 | 33.5661 USD | ||||
| common stock | Sale | 17,052 | 33.7627 USD | ||||
| common stock | Sale | 16,602 | 33.7142 USD | ||||
| common stock | Sale | 15,363 | 33.7112 USD | ||||
| common stock | Sale | 15,292 | 33.8483 USD | ||||
| common stock | Sale | 13,977 | 33.5100 USD | ||||
| common stock | Sale | 13,584 | 33.8433 USD | ||||
| common stock | Sale | 13,257 | 33.9018 USD | ||||
| common stock | Sale | 12,815 | 33.9207 USD | ||||
| common stock | Sale | 12,797 | 33.8196 USD | ||||
| common stock | Sale | 11,798 | 33.6585 USD | ||||
| common stock | Sale | 8,474 | 33.9630 USD | ||||
| common stock | Sale | 7,200 | 33.9799 USD | ||||
| common stock | Sale | 7,184 | 33.9937 USD | ||||
| common stock | Sale | 6,130 | 33.9348 USD | ||||
| common stock | Sale | 5,973 | 33.8272 USD | ||||
| common stock | Sale | 5,690 | 33.6200 USD | ||||
| common stock | Sale | 5,560 | 33.7194 USD | ||||
| common stock | Sale | 5,000 | 34.0152 USD | ||||
| common stock | Sale | 4,583 | 33.6990 USD | ||||
| common stock | Sale | 4,042 | 33.5427 USD | ||||
| common stock | Sale | 3,880 | 33.9390 USD | ||||
| common stock | Sale | 3,671 | 34.0023 USD | ||||
| common stock | Sale | 3,416 | 33.6851 USD | ||||
| common stock | Sale | 2,900 | 33.8198 USD | ||||
| common stock | Sale | 2,894 | 33.6476 USD | ||||
| common stock | Sale | 2,809 | 33.9326 USD | ||||
| common stock | Sale | 2,697 | 33.6322 USD | ||||
| common stock | Sale | 2,645 | 34.1355 USD | ||||
| common stock | Sale | 2,174 | 33.8936 USD | ||||
| common stock | Sale | 1,768 | 33.7473 USD | ||||
| common stock | Sale | 1,703 | 33.5032 USD | ||||
| common stock | Sale | 1,419 | 33.8231 USD | ||||
| common stock | Sale | 1,274 | 33.9402 USD | ||||
| common stock | Sale | 1,235 | 33.8900 USD | ||||
| common stock | Sale | 1,229 | 33.6018 USD | ||||
| common stock | Sale | 1,153 | 33.8703 USD | ||||
| common stock | Sale | 1,131 | 33.8229 USD | ||||
| common stock | Sale | 1,066 | 34.0005 USD | ||||
| common stock | Sale | 1,058 | 33.6790 USD | ||||
| common stock | Sale | 1,025 | 33.8283 USD | ||||
| common stock | Sale | 1,000 | 33.6555 USD | ||||
| common stock | Sale | 965 | 33.9527 USD | ||||
| common stock | Sale | 938 | 34.0059 USD | ||||
| common stock | Sale | 731 | 33.5060 USD | ||||
| common stock | Sale | 707 | 34.0007 USD | ||||
| common stock | Sale | 657 | 33.9303 USD | ||||
| common stock | Sale | 644 | 33.5018 USD | ||||
| common stock | Sale | 600 | 33.8133 USD | ||||
| common stock | Sale | 600 | 33.7950 USD | ||||
| common stock | Sale | 500 | 33.7600 USD | ||||
| common stock | Sale | 500 | 33.3610 USD | ||||
| common stock | Sale | 476 | 33.5520 USD | ||||
| common stock | Sale | 445 | 34.0011 USD | ||||
| common stock | Sale | 438 | 33.5253 USD | ||||
| common stock | Sale | 436 | 33.6818 USD | ||||
| common stock | Sale | 420 | 33.5035 USD | ||||
| common stock | Sale | 360 | 34.0989 USD | ||||
| common stock | Sale | 312 | 33.4071 USD | ||||
| common stock | Sale | 300 | 33.6900 USD | ||||
| common stock | Sale | 288 | 33.5887 USD | ||||
| common stock | Sale | 267 | 33.4026 USD | ||||
| common stock | Sale | 255 | 33.9664 USD | ||||
| common stock | Sale | 223 | 33.3144 USD | ||||
| common stock | Sale | 200 | 33.4362 USD | ||||
| common stock | Sale | 200 | 33.5800 USD | ||||
| common stock | Sale | 200 | 33.5025 USD | ||||
| common stock | Sale | 200 | 33.6025 USD | ||||
| common stock | Sale | 200 | 34.0065 USD | ||||
| common stock | Sale | 200 | 33.9958 USD | ||||
| common stock | Sale | 176 | 33.5362 USD | ||||
| common stock | Sale | 134 | 33.8304 USD | ||||
| common stock | Sale | 116 | 33.2400 USD | ||||
| common stock | Sale | 100 | 33.8500 USD | ||||
| common stock | Sale | 65 | 33.5600 USD | ||||
| common stock | Sale | 62 | 31.3000 EUR | ||||
| common stock | Sale | 42 | 33.6600 USD | ||||
| common stock | Sale | 3 | 34.1400 USD | ||||
|
|
|
|
|
|
|
|
|
| (b) | Cash-settled derivative transactions |
| |||||
| Class of | Product | Nature of dealing | Number of | Price per | |||
| relevant | description |
| reference | unit | |||
| security |
|
| securities |
| |||
| common stock | SWAP | Increasing Long | 10,603 | 33.8818 USD | |||
|
|
|
|
|
|
|
|
|
| (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? | NO | ||||||
| Date of disclosure: | 26 Apr 2024 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
