Form 8.3 - INTERNATIONAL PAPER CO

Barclays PLC

04 April 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 CO
	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:				03 Apr 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:			747,792	0.22%	523,805	0.15%
(2)	Cash-settled derivatives:
	and/or controlled:			156,288	0.05%	15,780	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			904,080	0.26%	539,585	0.16%
(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		95,997		39.0169  USD
common stock		Purchase		48,114		38.9776  USD
common stock		Purchase		38,797		39.0392  USD
common stock		Purchase		37,822		38.9787  USD
common stock		Purchase		25,816		38.9659  USD
common stock		Purchase		25,000		38.8787  USD
common stock		Purchase		14,038		39.0051  USD
common stock		Purchase		8,085		39.0700  USD
common stock		Purchase		5,827		38.9196  USD
common stock		Purchase		5,244		38.8810  USD
common stock		Purchase		4,340		38.9862  USD
common stock		Purchase		3,681		38.9714  USD
common stock		Purchase		2,955		38.9706  USD
common stock		Purchase		1,830		38.9868  USD
common stock		Purchase		1,624		39.0506  USD
common stock		Purchase		1,329		39.0123  USD
common stock		Purchase		1,245		39.0665  USD
common stock		Purchase		1,116		38.9054  USD
common stock		Purchase		1,023		38.9662  USD
common stock		Purchase		999		39.0673  USD
common stock		Purchase		453		39.0435  USD
common stock		Purchase		403		38.9710  USD
common stock		Purchase		332		39.0634  USD
common stock		Purchase		216		38.9682  USD
common stock		Purchase		165		39.0217  USD
common stock		Purchase		100		38.9200  USD
common stock		Purchase		100		38.7100  USD
common stock		Purchase		50		38.7600  USD
common stock		Purchase		27		38.7750  USD
common stock		Purchase		3		39.0100  USD
common stock		Sale		181,000		38.7000  USD
common stock		Sale		40,687		38.9899  USD
common stock		Sale		36,565		39.0452  USD
common stock		Sale		35,216		39.0439  USD
common stock		Sale		25,816		38.9659  USD
common stock		Sale		25,000		38.8787  USD
common stock		Sale		22,315		38.9482  USD
common stock		Sale		20,226		39.0178  USD
common stock		Sale		19,364		38.9983  USD
common stock		Sale		18,905		38.9972  USD
common stock		Sale		13,227		38.9991  USD
common stock		Sale		10,749		38.9512  USD
common stock		Sale		9,642		38.9835  USD
common stock		Sale		8,652		38.9255  USD
common stock		Sale		7,908		38.9625  USD
common stock		Sale		7,196		39.0700  USD
common stock		Sale		6,702		39.0020  USD
common stock		Sale		6,687		38.9992  USD
common stock		Sale		5,418		38.8561  USD
common stock		Sale		5,244		38.8810  USD
common stock		Sale		4,507		38.9048  USD
common stock		Sale		4,437		39.0050  USD
common stock		Sale		4,009		38.8953  USD
common stock		Sale		3,551		38.9973  USD
common stock		Sale		3,400		38.9711  USD
common stock		Sale		3,192		38.8138  USD
common stock		Sale		2,689		38.8722  USD
common stock		Sale		2,400		38.9020  USD
common stock		Sale		1,971		38.9213  USD
common stock		Sale		1,800		38.9891  USD
common stock		Sale		1,731		38.9683  USD
common stock		Sale		1,675		39.0192  USD
common stock		Sale		1,245		39.0665  USD
common stock		Sale		1,023		38.9662  USD
common stock		Sale		915		38.9868  USD
common stock		Sale		793		38.8916  USD
common stock		Sale		701		38.8644  USD
common stock		Sale		601		38.9894  USD
common stock		Sale		576		38.7584  USD
common stock		Sale		557		38.9979  USD
common stock		Sale		555		38.9701  USD
common stock		Sale		542		39.0227  USD
common stock		Sale		538		38.9395  USD
common stock		Sale		531		38.9622  USD
common stock		Sale		530		39.0062  USD
common stock		Sale		516		39.0350  USD
common stock		Sale		371		38.9557  USD
common stock		Sale		332		39.0634  USD
common stock		Sale		300		39.0133  USD
common stock		Sale		300		38.9000  USD
common stock		Sale		300		38.9800  USD
common stock		Sale		300		39.0100  USD
common stock		Sale		278		39.0287  USD
common stock		Sale		247		39.0900  USD
common stock		Sale		243		38.9713  USD
common stock		Sale		216		38.9682  USD
common stock		Sale		210		39.0008  USD
common stock		Sale		200		39.0748  USD
common stock		Sale		200		39.0125  USD
common stock		Sale		200		39.0150  USD
common stock		Sale		200		38.9500  USD
common stock		Sale		200		38.9950  USD
common stock		Sale		200		38.7350  USD
common stock		Sale		200		38.8800  USD
common stock		Sale		165		39.0217  USD
common stock		Sale		160		38.9706  USD
common stock		Sale		152		39.0950  USD
common stock		Sale		140		39.0668  USD
common stock		Sale		108		39.0000  USD
common stock		Sale		100		38.9750  USD
common stock		Sale		100		38.7900  USD
common stock		Sale		100		38.7100  USD
common stock		Sale		64		38.9684  USD
common stock		Sale		50		38.7600  USD
common stock		Sale		37		38.8250  USD
common stock		Sale		32		39.0650  USD
common stock		Sale		32		39.0300  USD
common stock		Sale		-181,000		39.0234  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		22,400	38.9592  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	Call Options	Selling	12	USD			0.3000  USD
common stock	Put Options	Selling	1,400	38.0000  USD	American	12 Apr 2024	0.3500  USD
common stock	Call Options	Selling	34	USD			0.5926  USD
common stock	Call Options	Selling	6,500	40.0000  USD	American	17 May 2024	1.2023  USD
common stock	Call Options	Selling	73	USD			0.6349  USD
common stock	Put Options	Selling	13,300	38.0000  USD	American	17 May 2024	0.8116  USD
common stock	Put Options	Selling	3,400	40.0000  USD	American	17 May 2024	1.9500  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:				04 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END