Form 8.3 -INTERNATIONAL PAPER COMPANY
Source: RNS
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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. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
INTERNATIONAL PAPER COMPANY |
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relevant securities this form relates: |
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(d) |
If an exempt fund manager connected with an |
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offeror/offeree, state this and specify identity of |
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offeror/offeree: |
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(e) |
Date position held/dealing undertaken: |
18 Sep 2024 |
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(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 |
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(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 |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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831,979 |
0.24% |
483,501 |
0.14% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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368,663 |
0.11% |
0 |
0.00% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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123,800 |
0.04% |
0 |
0.00% |
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TOTAL: |
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1,324,442 |
0.38% |
483,501 |
0.14% |
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(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 |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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common stock |
Purchase |
57,387 |
49.6863 USD |
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common stock |
Purchase |
40,125 |
49.8750 USD |
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common stock |
Purchase |
23,048 |
49.8614 USD |
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common stock |
Purchase |
21,732 |
49.5400 USD |
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common stock |
Purchase |
21,696 |
50.2490 USD |
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common stock |
Purchase |
19,162 |
49.7604 USD |
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common stock |
Purchase |
15,398 |
49.8864 USD |
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common stock |
Purchase |
12,016 |
50.2643 USD |
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common stock |
Purchase |
10,547 |
49.8836 USD |
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common stock |
Purchase |
9,278 |
50.0190 USD |
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common stock |
Purchase |
9,206 |
49.5959 USD |
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common stock |
Purchase |
8,716 |
50.2658 USD |
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common stock |
Purchase |
6,152 |
49.8995 USD |
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common stock |
Purchase |
6,075 |
50.2463 USD |
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common stock |
Purchase |
6,074 |
50.2722 USD |
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common stock |
Purchase |
4,734 |
50.0499 USD |
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common stock |
Purchase |
3,948 |
50.2824 USD |
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common stock |
Purchase |
3,450 |
50.2720 USD |
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common stock |
Purchase |
2,680 |
49.8086 USD |
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common stock |
Purchase |
1,964 |
49.5737 USD |
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common stock |
Purchase |
1,764 |
50.2769 USD |
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common stock |
Purchase |
1,625 |
49.5450 USD |
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common stock |
Purchase |
1,421 |
50.2725 USD |
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common stock |
Purchase |
1,219 |
50.2358 USD |
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common stock |
Purchase |
1,168 |
49.8964 USD |
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common stock |
Purchase |
1,023 |
50.3193 USD |
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common stock |
Purchase |
995 |
50.0331 USD |
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common stock |
Purchase |
920 |
49.9876 USD |
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common stock |
Purchase |
825 |
49.8790 USD |
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common stock |
Purchase |
735 |
49.8629 USD |
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common stock |
Purchase |
670 |
49.8303 USD |
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common stock |
Purchase |
573 |
49.7671 USD |
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common stock |
Purchase |
494 |
49.9050 USD |
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common stock |
Purchase |
453 |
49.7642 USD |
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common stock |
Purchase |
400 |
49.6600 USD |
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common stock |
Purchase |
308 |
49.6218 USD |
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common stock |
Purchase |
286 |
49.7447 USD |
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common stock |
Purchase |
257 |
50.3073 USD |
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common stock |
Purchase |
249 |
49.7876 USD |
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common stock |
Purchase |
202 |
49.9888 USD |
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common stock |
Purchase |
158 |
50.2981 USD |
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common stock |
Purchase |
155 |
49.6890 USD |
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common stock |
Purchase |
140 |
50.2650 USD |
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common stock |
Purchase |
112 |
49.7525 USD |
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common stock |
Purchase |
100 |
49.7900 USD |
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common stock |
Purchase |
84 |
49.7616 USD |
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common stock |
Purchase |
79 |
49.9600 USD |
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common stock |
Purchase |
64 |
50.0934 USD |
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common stock |
Purchase |
54 |
49.5970 USD |
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common stock |
Purchase |
47 |
49.7534 USD |
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common stock |
Purchase |
46 |
50.1300 USD |
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common stock |
Purchase |
36 |
49.5583 USD |
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common stock |
Purchase |
31 |
49.8800 USD |
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common stock |
Purchase |
5 |
50.2200 USD |
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common stock |
Sale |
145,427 |
49.7960 USD |
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common stock |
Sale |
66,598 |
50.2617 USD |
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common stock |
Sale |
14,360 |
49.5400 USD |
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common stock |
Sale |
10,046 |
49.9972 USD |
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common stock |
Sale |
10,005 |
49.6580 USD |
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common stock |
Sale |
6,514 |
49.5403 USD |
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common stock |
Sale |
5,588 |
49.9078 USD |
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common stock |
Sale |
4,868 |
50.0800 USD |
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common stock |
Sale |
3,909 |
49.6518 USD |
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common stock |
Sale |
3,862 |
49.8697 USD |
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common stock |
Sale |
3,271 |
49.5524 USD |
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common stock |
Sale |
2,755 |
50.0155 USD |
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common stock |
Sale |
2,502 |
50.1331 USD |
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common stock |
Sale |
2,100 |
49.9376 USD |
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common stock |
Sale |
1,625 |
49.5450 USD |
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common stock |
Sale |
1,567 |
49.6427 USD |
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common stock |
Sale |
1,219 |
50.2358 USD |
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common stock |
Sale |
884 |
49.8671 USD |
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common stock |
Sale |
871 |
50.0223 USD |
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common stock |
Sale |
687 |
50.0426 USD |
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common stock |
Sale |
531 |
50.1398 USD |
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common stock |
Sale |
464 |
49.9111 USD |
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common stock |
Sale |
464 |
49.6853 USD |
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common stock |
Sale |
441 |
49.7467 USD |
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common stock |
Sale |
400 |
49.6600 USD |
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common stock |
Sale |
368 |
49.9260 USD |
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common stock |
Sale |
278 |
50.2756 USD |
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common stock |
Sale |
237 |
49.8882 USD |
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common stock |
Sale |
181 |
49.8833 USD |
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common stock |
Sale |
140 |
50.2650 USD |
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common stock |
Sale |
131 |
49.8100 USD |
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common stock |
Sale |
126 |
49.9361 USD |
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common stock |
Sale |
100 |
49.5500 USD |
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common stock |
Sale |
97 |
49.9554 USD |
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common stock |
Sale |
97 |
49.5300 USD |
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common stock |
Sale |
50 |
49.9900 USD |
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common stock |
Sale |
46 |
50.1300 USD |
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common stock |
Sale |
34 |
49.8900 USD |
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common stock |
Sale |
24 |
49.9745 USD |
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common stock |
Sale |
20 |
50.0325 USD |
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common stock |
Sale |
17 |
49.9300 USD |
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common stock |
Sale |
15 |
49.9566 USD |
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common stock |
Sale |
14 |
50.0200 USD |
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common stock |
Sale |
5 |
49.8000 USD |
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common stock |
Sale |
4 |
49.9400 USD |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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common stock |
SWAP |
Increasing Long |
597 |
49.5389 USD |
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common stock |
SWAP |
Decreasing Long |
743 |
49.5425 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 |
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of |
description |
purchasing, |
of |
price |
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date |
money |
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relevant |
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selling, |
securities |
per unit |
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paid/ |
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security |
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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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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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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 |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(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 |
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(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 |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
YES |
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Date of disclosure: |
19 Sep 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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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 |
Barclays PLC. |
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are being disclosed: |
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Name of offeror/offeree in relation to whose |
INTERNATIONAL PAPER CO |
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relevant securities this from relates: |
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2. |
OPTIONS AND DERIVATIVES |
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Class of relevant security |
Product description |
Writing, purchasing, selling, varying etc |
Number of securities to which option relates |
Exercise price per unit |
Type |
Expiry date |
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common stock |
Put Options |
Written |
123,800 |
45.0000 |
American |
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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