t
Barclays PLC submitted a Form 8.3 disclosure on April 16, 2024, detailing its positions and dealings in the relevant securities of INTERNATIONAL PAPER CO and DS SMITH PLC as of April 15, 2024. For INTERNATIONAL PAPER CO, Barclays PLC reported total interests of 973,594 common stock (0.28%) and total short positions of 614,828 common stock (0.18%), following various purchases and sales of common stock.
| Date | 16 Apr 2024 |
| Time | 14:57:49 |
| Category | Holding(s) in company |
| ID | 8471K |
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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 CO |
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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: |
15 Apr 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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730,119 |
0.21% |
587,213 |
0.17% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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243,475 |
0.07% |
27,615 |
0.01% |
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(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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973,594 |
0.28% |
614,828 |
0.18% |
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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 |
92,381 |
37.0844 USD |
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common stock |
Purchase |
68,314 |
36.8715 USD |
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common stock |
Purchase |
56,934 |
36.8208 USD |
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common stock |
Purchase |
35,172 |
36.8564 USD |
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common stock |
Purchase |
34,805 |
36.9526 USD |
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common stock |
Purchase |
32,508 |
36.9705 USD |
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common stock |
Purchase |
27,941 |
36.7700 USD |
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common stock |
Purchase |
17,402 |
36.8459 USD |
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common stock |
Purchase |
8,600 |
36.8987 USD |
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common stock |
Purchase |
8,151 |
36.9115 USD |
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common stock |
Purchase |
5,675 |
36.7698 USD |
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common stock |
Purchase |
5,259 |
36.7497 USD |
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common stock |
Purchase |
3,702 |
36.9484 USD |
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common stock |
Purchase |
2,841 |
36.9017 USD |
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common stock |
Purchase |
2,552 |
36.9234 USD |
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common stock |
Purchase |
2,465 |
36.8548 USD |
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common stock |
Purchase |
2,416 |
36.9456 USD |
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common stock |
Purchase |
2,400 |
36.9954 USD |
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common stock |
Purchase |
1,898 |
36.7742 USD |
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common stock |
Purchase |
1,617 |
36.7294 USD |
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common stock |
Purchase |
1,315 |
36.7500 USD |
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common stock |
Purchase |
1,303 |
36.7518 USD |
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common stock |
Purchase |
1,055 |
36.9416 USD |
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common stock |
Purchase |
1,004 |
36.7460 USD |
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common stock |
Purchase |
995 |
36.8198 USD |
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common stock |
Purchase |
871 |
36.8027 USD |
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common stock |
Purchase |
645 |
36.9850 USD |
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common stock |
Purchase |
635 |
36.7049 USD |
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common stock |
Purchase |
600 |
37.0250 USD |
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common stock |
Purchase |
506 |
36.6962 USD |
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common stock |
Purchase |
377 |
36.9448 USD |
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common stock |
Purchase |
300 |
36.7666 USD |
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common stock |
Purchase |
300 |
36.7450 USD |
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common stock |
Purchase |
274 |
36.7024 USD |
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common stock |
Purchase |
266 |
36.7746 USD |
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common stock |
Purchase |
247 |
36.7557 USD |
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common stock |
Purchase |
226 |
36.7673 USD |
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common stock |
Purchase |
226 |
36.8199 USD |
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common stock |
Purchase |
216 |
36.7931 USD |
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common stock |
Purchase |
209 |
36.7554 USD |
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common stock |
Purchase |
200 |
36.7200 USD |
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common stock |
Purchase |
141 |
36.7671 USD |
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common stock |
Purchase |
109 |
36.7932 USD |
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common stock |
Purchase |
100 |
36.5600 USD |
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common stock |
Purchase |
100 |
36.7750 USD |
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common stock |
Purchase |
59 |
36.6450 USD |
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common stock |
Purchase |
45 |
37.0100 USD |
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common stock |
Purchase |
25 |
36.7000 USD |
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common stock |
Sale |
74,333 |
36.9356 USD |
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common stock |
Sale |
48,963 |
36.8539 USD |
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common stock |
Sale |
34,416 |
36.8492 USD |
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common stock |
Sale |
31,787 |
37.2082 USD |
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common stock |
Sale |
28,586 |
36.9614 USD |
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common stock |
Sale |
27,611 |
36.7766 USD |
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common stock |
Sale |
27,348 |
36.7700 USD |
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common stock |
Sale |
21,082 |
37.0280 USD |
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common stock |
Sale |
20,648 |
37.0163 USD |
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common stock |
Sale |
16,437 |
36.7685 USD |
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common stock |
Sale |
12,682 |
36.9970 USD |
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common stock |
Sale |
11,812 |
36.9092 USD |
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common stock |
Sale |
10,464 |
37.0125 USD |
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common stock |
Sale |
7,310 |
36.7708 USD |
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common stock |
Sale |
6,816 |
36.8981 USD |
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common stock |
Sale |
5,338 |
36.8390 USD |
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common stock |
Sale |
4,952 |
36.7338 USD |
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common stock |
Sale |
4,905 |
37.0198 USD |
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common stock |
Sale |
3,702 |
36.9484 USD |
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common stock |
Sale |
3,267 |
36.8493 USD |
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common stock |
Sale |
1,898 |
36.7742 USD |
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common stock |
Sale |
1,856 |
36.7174 USD |
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common stock |
Sale |
1,802 |
36.9600 USD |
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common stock |
Sale |
1,700 |
37.0000 USD |
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common stock |
Sale |
1,410 |
36.7581 USD |
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common stock |
Sale |
1,400 |
37.0107 USD |
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common stock |
Sale |
1,290 |
36.9850 USD |
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common stock |
Sale |
1,004 |
36.7460 USD |
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common stock |
Sale |
995 |
36.8198 USD |
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common stock |
Sale |
811 |
36.7162 USD |
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common stock |
Sale |
750 |
36.8353 USD |
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common stock |
Sale |
641 |
36.9368 USD |
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common stock |
Sale |
635 |
36.7049 USD |
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common stock |
Sale |
631 |
37.1218 USD |
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common stock |
Sale |
611 |
36.6475 USD |
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common stock |
Sale |
602 |
36.6400 USD |
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common stock |
Sale |
506 |
36.6962 USD |
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common stock |
Sale |
500 |
36.6460 USD |
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common stock |
Sale |
475 |
37.2463 USD |
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common stock |
Sale |
465 |
36.6500 USD |
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common stock |
Sale |
409 |
36.7122 USD |
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common stock |
Sale |
359 |
36.6600 USD |
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common stock |
Sale |
312 |
36.7464 USD |
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common stock |
Sale |
300 |
36.7666 USD |
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common stock |
Sale |
300 |
37.0250 USD |
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common stock |
Sale |
237 |
36.6750 USD |
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common stock |
Sale |
228 |
36.6959 USD |
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common stock |
Sale |
200 |
36.7125 USD |
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common stock |
Sale |
136 |
36.7400 USD |
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common stock |
Sale |
135 |
36.8600 USD |
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common stock |
Sale |
104 |
36.6501 USD |
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common stock |
Sale |
100 |
36.5600 USD |
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common stock |
Sale |
95 |
37.0200 USD |
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common stock |
Sale |
91 |
36.6300 USD |
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common stock |
Sale |
86 |
36.7823 USD |
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common stock |
Sale |
78 |
36.6415 USD |
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common stock |
Sale |
78 |
36.9574 USD |
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common stock |
Sale |
48 |
36.8571 USD |
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common stock |
Sale |
25 |
36.7000 USD |
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common stock |
Sale |
20 |
36.8300 USD |
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common stock |
Sale |
8 |
37.7850 USD |
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common stock |
Sale |
5 |
37.5050 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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(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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common stock |
Call Options |
Selling |
3,200 |
USD |
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1.0000 USD |
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common stock |
Call Options |
Selling |
6,600 |
USD |
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0.9318 USD |
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common stock |
Call Options |
Selling |
2,100 |
USD |
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0.6595 USD |
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common stock |
Call Options |
Selling |
1,400 |
USD |
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0.6500 USD |
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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? |
NO |
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Date of disclosure: |
16 Apr 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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