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: | 27 Mar 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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| 701,692 | 0.20% | 271,626 | 0.08% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 99,853 | 0.03% | 11,835 | 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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| 801,545 | 0.23% | 283,461 | 0.08% |
(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 | 192,885 | 39.2960 USD | ||||
common stock | Purchase | 103,551 | 38.9036 USD | ||||
common stock | Purchase | 87,708 | 38.7551 USD | ||||
common stock | Purchase | 86,158 | 38.9695 USD | ||||
common stock | Purchase | 77,098 | 38.9413 USD | ||||
common stock | Purchase | 64,794 | 39.2988 USD | ||||
common stock | Purchase | 50,000 | 38.9850 USD | ||||
common stock | Purchase | 36,846 | 38.7411 USD | ||||
common stock | Purchase | 36,379 | 38.5944 USD | ||||
common stock | Purchase | 27,666 | 38.6349 USD | ||||
common stock | Purchase | 26,311 | 38.6185 USD | ||||
common stock | Purchase | 24,000 | 38.9546 USD | ||||
common stock | Purchase | 22,726 | 38.8806 USD | ||||
common stock | Purchase | 20,831 | 38.8211 USD | ||||
common stock | Purchase | 19,234 | 38.7980 USD | ||||
common stock | Purchase | 18,993 | 38.7928 USD | ||||
common stock | Purchase | 16,556 | 39.3900 USD | ||||
common stock | Purchase | 10,005 | 38.7819 USD | ||||
common stock | Purchase | 7,250 | 38.8576 USD | ||||
common stock | Purchase | 6,800 | 39.0393 USD | ||||
common stock | Purchase | 6,102 | 39.1796 USD | ||||
common stock | Purchase | 5,624 | 39.0264 USD | ||||
common stock | Purchase | 4,133 | 38.9005 USD | ||||
common stock | Purchase | 4,032 | 38.7933 USD | ||||
common stock | Purchase | 3,369 | 38.7243 USD | ||||
common stock | Purchase | 2,955 | 39.0771 USD | ||||
common stock | Purchase | 2,947 | 37.4787 USD | ||||
common stock | Purchase | 2,454 | 39.1092 USD | ||||
common stock | Purchase | 2,394 | 38.8396 USD | ||||
common stock | Purchase | 2,117 | 38.8995 USD | ||||
common stock | Purchase | 2,012 | 38.7919 USD | ||||
common stock | Purchase | 2,007 | 38.9649 USD | ||||
common stock | Purchase | 1,838 | 38.8351 USD | ||||
common stock | Purchase | 1,151 | 38.9965 USD | ||||
common stock | Purchase | 1,144 | 38.4766 USD | ||||
common stock | Purchase | 637 | 38.9838 USD | ||||
common stock | Purchase | 474 | 39.2545 USD | ||||
common stock | Purchase | 469 | 39.1207 USD | ||||
common stock | Purchase | 440 | 37.9917 USD | ||||
common stock | Purchase | 200 | 39.1000 USD | ||||
common stock | Purchase | 190 | 39.1210 USD | ||||
common stock | Purchase | 156 | 38.9366 USD | ||||
common stock | Purchase | 135 | 38.9022 USD | ||||
common stock | Purchase | 131 | 38.7082 USD | ||||
common stock | Purchase | 100 | 38.6100 USD | ||||
common stock | Purchase | 100 | 39.1100 USD | ||||
common stock | Purchase | 90 | 39.0200 USD | ||||
common stock | Purchase | 27 | 39.0915 USD | ||||
common stock | Purchase | 16 | 38.4950 USD | ||||
common stock | Purchase | 12 | 37.9000 USD | ||||
common stock | Purchase | 10 | 39.3910 USD | ||||
common stock | Purchase | 7 | 38.5500 USD | ||||
common stock | Purchase | 4 | 39.1600 USD | ||||
common stock | Purchase | 1 | 37.9500 USD | ||||
common stock | Sale | 216,383 | 38.8178 USD | ||||
common stock | Sale | 126,866 | 39.3884 USD | ||||
common stock | Sale | 73,862 | 39.2901 USD | ||||
common stock | Sale | 73,846 | 38.8855 USD | ||||
common stock | Sale | 68,277 | 38.9411 USD | ||||
common stock | Sale | 58,712 | 38.7658 USD | ||||
common stock | Sale | 56,800 | 38.7903 USD | ||||
common stock | Sale | 50,000 | 38.9850 USD | ||||
common stock | Sale | 35,072 | 38.9147 USD | ||||
common stock | Sale | 25,010 | 38.9031 USD | ||||
common stock | Sale | 23,330 | 39.0292 USD | ||||
common stock | Sale | 23,305 | 38.9003 USD | ||||
common stock | Sale | 22,726 | 38.8806 USD | ||||
common stock | Sale | 22,047 | 38.7517 USD | ||||
common stock | Sale | 21,462 | 39.0289 USD | ||||
common stock | Sale | 12,709 | 39.3900 USD | ||||
common stock | Sale | 9,868 | 39.1200 USD | ||||
common stock | Sale | 9,717 | 38.7820 USD | ||||
common stock | Sale | 9,616 | 38.9123 USD | ||||
common stock | Sale | 8,656 | 38.8192 USD | ||||
common stock | Sale | 6,800 | 39.0393 USD | ||||
common stock | Sale | 6,729 | 39.0269 USD | ||||
common stock | Sale | 5,359 | 38.6180 USD | ||||
common stock | Sale | 4,341 | 38.9336 USD | ||||
common stock | Sale | 3,551 | 38.4396 USD | ||||
common stock | Sale | 2,394 | 38.8396 USD | ||||
common stock | Sale | 2,221 | 37.4744 USD | ||||
common stock | Sale | 2,166 | 38.9710 USD | ||||
common stock | Sale | 2,117 | 38.8995 USD | ||||
common stock | Sale | 1,655 | 39.0558 USD | ||||
common stock | Sale | 1,401 | 39.1018 USD | ||||
common stock | Sale | 1,329 | 39.0755 USD | ||||
common stock | Sale | 1,190 | 38.9215 USD | ||||
common stock | Sale | 1,127 | 38.7579 USD | ||||
common stock | Sale | 1,055 | 38.9601 USD | ||||
common stock | Sale | 994 | 38.9241 USD | ||||
common stock | Sale | 968 | 38.7494 USD | ||||
common stock | Sale | 902 | 38.9244 USD | ||||
common stock | Sale | 861 | 38.8826 USD | ||||
common stock | Sale | 800 | 38.9150 USD | ||||
common stock | Sale | 791 | 39.1007 USD | ||||
common stock | Sale | 643 | 38.6979 USD | ||||
common stock | Sale | 600 | 38.8300 USD | ||||
common stock | Sale | 469 | 39.1207 USD | ||||
common stock | Sale | 440 | 37.9917 USD | ||||
common stock | Sale | 409 | 38.6908 USD | ||||
common stock | Sale | 402 | 39.1500 USD | ||||
common stock | Sale | 400 | 38.8550 USD | ||||
common stock | Sale | 393 | 39.3700 USD | ||||
common stock | Sale | 360 | 38.7677 USD | ||||
common stock | Sale | 337 | 38.7152 USD | ||||
common stock | Sale | 316 | 37.5065 USD | ||||
common stock | Sale | 307 | 39.0563 USD | ||||
common stock | Sale | 307 | 39.0439 USD | ||||
common stock | Sale | 300 | 38.8633 USD | ||||
common stock | Sale | 299 | 38.8303 USD | ||||
common stock | Sale | 201 | 39.2406 USD | ||||
common stock | Sale | 200 | 39.1750 USD | ||||
common stock | Sale | 193 | 38.7973 USD | ||||
common stock | Sale | 190 | 39.1210 USD | ||||
common stock | Sale | 144 | 38.9052 USD | ||||
common stock | Sale | 122 | 38.6900 USD | ||||
common stock | Sale | 109 | 38.9924 USD | ||||
common stock | Sale | 105 | 37.4300 USD | ||||
common stock | Sale | 100 | 38.5300 USD | ||||
common stock | Sale | 100 | 38.9100 USD | ||||
common stock | Sale | 100 | 37.5400 USD | ||||
common stock | Sale | 100 | 37.4100 USD | ||||
common stock | Sale | 100 | 38.8400 USD | ||||
common stock | Sale | 97 | 38.8063 USD | ||||
common stock | Sale | 95 | 39.0950 USD | ||||
common stock | Sale | 85 | 39.1100 USD | ||||
common stock | Sale | 66 | 37.6000 USD | ||||
common stock | Sale | 62 | 38.6500 USD | ||||
common stock | Sale | 58 | 39.3650 USD | ||||
common stock | Sale | 54 | 38.6712 USD | ||||
common stock | Sale | 45 | 39.0200 USD | ||||
common stock | Sale | 45 | 38.9417 USD | ||||
common stock | Sale | 36 | 38.9978 USD | ||||
common stock | Sale | 35 | 37.4400 USD | ||||
common stock | Sale | 26 | 39.0686 USD | ||||
common stock | Sale | 22 | 38.9977 USD | ||||
common stock | Sale | 16 | 39.3800 USD | ||||
common stock | Sale | 15 | 39.0333 USD | ||||
common stock | Sale | 12 | 37.9000 USD | ||||
common stock | Sale | 4 | 37.4800 USD | ||||
common stock | Sale | 4 | 39.1600 USD | ||||
common stock | Sale | 4 | 39.1700 USD | ||||
common stock | Sale | 3 | 39.1000 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 | Opening Long | 20,000 | 38.8568 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 | Put Options | Selling | 4,700 | 39.0000 USD | American | 19 Apr 2024 | 0.9457 USD |
common stock | Call Options | Selling | 6,800 | 40.0000 USD | American | 19 Apr 2024 | 0.6000 USD |
common stock | Call Options | Selling | 2,500 | 40.0000 USD | American | 17 May 2024 | 1.1592 USD |
common stock | Call Options | Selling | 50,000 | 40.0000 USD | American | 17 May 2024 | 1.1910 USD |
common stock | Put Options | Selling | 2,400 | 37.0000 USD | American | 19 Apr 2024 | 0.3604 USD |
common stock | Put Options | Selling | 4,200 | 38.0000 USD | American | 19 Apr 2024 | 0.5131 USD |
common stock | Put Options | Selling | 1,900 | 38.0000 USD | American | 19 Apr 2024 | 0.7078 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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(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: | 28 Mar 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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