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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
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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792,378
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0.23%
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476,894
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0.14%
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(2)
Cash-settled derivatives:
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168,662
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0.05%
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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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113,300
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0.03%
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TOTAL:
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1,084,840
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0.31%
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590,194
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0.17%
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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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50,684
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44.5080 USD
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common
stock
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Purchase
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39,394
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44.5309 USD
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common
stock
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Purchase
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16,260
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44.5175 USD
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common
stock
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Purchase
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11,020
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44.5067 USD
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common
stock
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Purchase
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9,466
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44.5196 USD
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common
stock
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Purchase
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9,305
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44.5100 USD
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common
stock
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Purchase
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5,400
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44.4800 USD
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common
stock
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Purchase
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4,368
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44.4914 USD
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common
stock
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Purchase
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4,288
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44.5126 USD
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common
stock
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Purchase
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4,118
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44.5231 USD
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common
stock
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Purchase
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3,579
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44.6615 USD
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common
stock
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Purchase
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2,956
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44.5299 USD
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common
stock
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Purchase
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2,845
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44.5099 USD
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common
stock
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Purchase
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1,604
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44.5680 USD
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common
stock
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Purchase
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1,465
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44.5043 USD
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common
stock
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Purchase
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527
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44.5158 USD
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common
stock
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Purchase
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215
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44.5000 USD
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common
stock
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Purchase
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211
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44.5858 USD
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common
stock
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Purchase
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210
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44.5050 USD
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common
stock
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Purchase
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107
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44.5371 USD
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common
stock
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Purchase
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100
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44.6300 USD
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common
stock
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Purchase
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95
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44.5537 USD
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common
stock
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Purchase
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84
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44.4600 USD
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common
stock
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Purchase
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82
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44.7300 USD
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common
stock
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Purchase
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24
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44.6100 USD
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common
stock
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Purchase
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19
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44.6005 USD
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common
stock
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Purchase
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5
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44.5600 USD
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common
stock
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Sale
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68,641
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44.5090 USD
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common
stock
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Sale
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21,625
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44.5400 USD
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common
stock
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Sale
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16,112
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44.5180 USD
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common
stock
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Sale
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15,657
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44.5151 USD
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common
stock
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Sale
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12,115
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44.5100 USD
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common
stock
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Sale
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5,405
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44.4800 USD
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common
stock
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Sale
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2,979
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44.6900 USD
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common
stock
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Sale
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2,845
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44.5099 USD
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common
stock
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Sale
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2,697
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44.5370 USD
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common
stock
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Sale
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2,694
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44.5137 USD
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common
stock
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Sale
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2,627
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44.5374 USD
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common
stock
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Sale
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2,469
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44.5259 USD
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common
stock
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Sale
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1,742
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44.5323 USD
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common
stock
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Sale
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1,706
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44.4967 USD
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common
stock
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Sale
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1,678
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44.5529 USD
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common
stock
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Sale
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1,119
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44.4907 USD
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common
stock
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Sale
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994
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44.5200 USD
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common
stock
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Sale
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936
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44.5504 USD
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common
stock
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Sale
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677
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44.5397 USD
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common
stock
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Sale
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549
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44.5084 USD
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common
stock
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Sale
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499
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44.5089 USD
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common
stock
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Sale
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496
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44.4431 USD
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common
stock
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Sale
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324
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44.5195 USD
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common
stock
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Sale
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324
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44.5191 USD
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common
stock
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Sale
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200
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44.4200 USD
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common
stock
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Sale
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200
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44.4700 USD
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common
stock
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Sale
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140
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44.5232 USD
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common
stock
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Sale
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136
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44.5000 USD
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common
stock
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Sale
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107
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44.5371 USD
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common
stock
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Sale
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100
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44.4350 USD
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common
stock
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Sale
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100
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44.5600 USD
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common
stock
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Sale
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82
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44.7300 USD
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common
stock
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Sale
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15
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44.5800 USD
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common
stock
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Sale
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10
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44.5350 USD
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common
stock
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Sale
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5
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44.4600 USD
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common
stock
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Sale
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5
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44.5500 USD
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common
stock
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Sale
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5
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44.5900 USD
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common
stock
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Sale
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5
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44.6800 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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common
stock
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Put
Options
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Purchasing
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88,600
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45.0000 USD
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American
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16 Aug
2024
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1.1200 USD
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common
stock
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Put
Options
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Selling
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123,800
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45.0000 USD
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American
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20 Sep
2024
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1.9500 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 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")
|
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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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Purchased
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-88,600
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45.0000
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American
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16 Aug
2024
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common
stock
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Put
Options
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Purchased
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-24,700
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43.0000
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American
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16 Aug
2024
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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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