RNS Number : 6298Q
Barclays PLC
18 December 2024
 

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:

17 Dec 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:



973,879

0.28%

795,510

0.23%

(2)

Cash-settled derivatives:






and/or controlled:



317,090

0.09%

13,660

0.00%

(3)

Stock-settled derivatives (including options)






and agreements to purchase/sell:



0

0.00%

0

0.00%










TOTAL:



1,290,969

0.37%

809,170

0.23%

(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

205,526

55.2400  USD

common stock

Purchase

59,945

55.3372  USD

common stock

Purchase

26,179

55.2534  USD

common stock

Purchase

24,335

55.3243  USD

common stock

Purchase

17,906

55.3551  USD

common stock

Purchase

14,864

55.3608  USD

common stock

Purchase

6,557

55.3879  USD

common stock

Purchase

5,137

55.3245  USD

common stock

Purchase

3,508

55.4242  USD

common stock

Purchase

3,183

55.3599  USD

common stock

Purchase

3,076

55.3969  USD

common stock

Purchase

3,074

55.3583  USD

common stock

Purchase

3,048

55.3504  USD

common stock

Purchase

2,467

55.3749  USD

common stock

Purchase

1,657

55.2740  USD

common stock

Purchase

1,492

55.5036  USD

common stock

Purchase

1,330

55.3477  USD

common stock

Purchase

882

55.4076  USD

common stock

Purchase

677

55.3896  USD

common stock

Purchase

452

55.4140  USD

common stock

Purchase

378

55.3814  USD

common stock

Purchase

356

55.2385  USD

common stock

Purchase

200

55.5400  USD

common stock

Purchase

200

55.3300  USD

common stock

Purchase

131

55.2403  USD

common stock

Purchase

128

55.2300  USD

common stock

Purchase

126

55.3000  USD

common stock

Purchase

107

55.5394  USD

common stock

Purchase

100

55.4300  USD

common stock

Purchase

100

55.3100  USD

common stock

Purchase

100

55.5300  USD

common stock

Purchase

100

55.3200  USD

common stock

Purchase

51

55.5500  USD

common stock

Sale

126,717

55.2400  USD

common stock

Sale

87,000

55.7900  USD

common stock

Sale

65,633

55.2401  USD

common stock

Sale

44,997

55.3539  USD

common stock

Sale

23,617

55.2878  USD

common stock

Sale

19,931

55.2546  USD

common stock

Sale

16,433

55.3458  USD

common stock

Sale

12,627

55.4237  USD

common stock

Sale

10,186

55.3042  USD

common stock

Sale

8,646

55.3728  USD

common stock

Sale

7,413

55.2568  USD

common stock

Sale

7,405

55.2712  USD

common stock

Sale

6,087

55.3638  USD

common stock

Sale

4,795

55.2347  USD

common stock

Sale

4,346

55.3620  USD

common stock

Sale

3,887

55.4339  USD

common stock

Sale

3,701

55.2789  USD

common stock

Sale

2,326

55.3794  USD

common stock

Sale

2,324

55.4071  USD

common stock

Sale

1,590

55.3316  USD

common stock

Sale

1,528

55.3854  USD

common stock

Sale

1,484

55.3869  USD

common stock

Sale

1,290

55.3756  USD

common stock

Sale

1,014

55.3639  USD

common stock

Sale

842

55.3297  USD

common stock

Sale

651

55.2516  USD

common stock

Sale

541

55.3419  USD

common stock

Sale

500

55.4520  USD

common stock

Sale

484

55.4756  USD

common stock

Sale

457

55.4919  USD

common stock

Sale

400

55.2800  USD

common stock

Sale

392

55.3793  USD

common stock

Sale

383

55.3109  USD

common stock

Sale

359

55.2743  USD

common stock

Sale

356

55.2593  USD

common stock

Sale

318

55.4221  USD

common stock

Sale

239

55.2674  USD

common stock

Sale

239

55.3295  USD

common stock

Sale

234

55.2850  USD

common stock

Sale

232

55.4090  USD

common stock

Sale

220

55.3478  USD

common stock

Sale

195

55.3941  USD

common stock

Sale

142

55.2407  USD

common stock

Sale

136

55.2970  USD

common stock

Sale

131

55.2403  USD

common stock

Sale

128

55.5553  USD

common stock

Sale

119

55.2356  USD

common stock

Sale

107

55.5394  USD

common stock

Sale

100

55.3600  USD

common stock

Sale

100

55.2200  USD

common stock

Sale

82

55.5375  USD

common stock

Sale

67

55.3100  USD

common stock

Sale

60

55.5300  USD

common stock

Sale

52

55.3469  USD

common stock

Sale

28

55.5400  USD

common stock

Sale

26

55.3978  USD

common stock

Sale

22

55.3059  USD

common stock

Sale

21

55.2419  USD

common stock

Sale

16

55.2100  USD

common stock

Sale

10

55.3700  USD

common stock

Sale

6

55.5100  USD

common stock

Sale

6

55.3533  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

110

55.2390  USD

common stock

SWAP

Decreasing Long

226

55.2425  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





common stock

Put Options

Purchasing

200

60.0000  USD

American

20 Jun 2025

6.9000  USD

common stock

Put Options

Purchasing

5,000

63.0000  USD

American

20 Jun 2025

8.6556  USD

common stock

Put Options

Purchasing

400

65.0000  USD

American

20 Jun 2025

10.6500  USD









(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:

18 Dec 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

























 

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