Form 8.3 - INTERNATIONAL PAPER CO

Barclays PLC

09 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:				08 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:			734,980	0.21%	520,554	0.15%
(2)	Cash-settled derivatives:
	and/or controlled:			162,276	0.05%	15,780	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			897,256	0.26%	536,334	0.15%
(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		197,015		38.2072  USD
common stock		Purchase		109,539		38.0986  USD
common stock		Purchase		95,175		38.1056  USD
common stock		Purchase		71,412		38.0461  USD
common stock		Purchase		65,756		38.0854  USD
common stock		Purchase		47,824		38.0751  USD
common stock		Purchase		43,404		38.0856  USD
common stock		Purchase		38,162		38.1053  USD
common stock		Purchase		31,003		38.2905  USD
common stock		Purchase		23,700		38.0715  USD
common stock		Purchase		12,807		38.1243  USD
common stock		Purchase		12,135		38.0730  USD
common stock		Purchase		5,398		38.0787  USD
common stock		Purchase		3,181		38.1949  USD
common stock		Purchase		3,124		38.2100  USD
common stock		Purchase		2,954		38.0781  USD
common stock		Purchase		2,900		38.1422  USD
common stock		Purchase		1,799		38.0761  USD
common stock		Purchase		1,658		38.0584  USD
common stock		Purchase		1,000		38.1000  USD
common stock		Purchase		781		38.0674  USD
common stock		Purchase		674		38.0484  USD
common stock		Purchase		597		38.0763  USD
common stock		Purchase		533		38.0750  USD
common stock		Purchase		501		38.0760  USD
common stock		Purchase		496		38.1519  USD
common stock		Purchase		415		38.0800  USD
common stock		Purchase		407		38.0769  USD
common stock		Purchase		300		38.0433  USD
common stock		Purchase		200		38.2000  USD
common stock		Purchase		159		38.0435  USD
common stock		Purchase		145		38.0868  USD
common stock		Purchase		100		38.0400  USD
common stock		Purchase		91		37.9630  USD
common stock		Purchase		50		38.0668  USD
common stock		Purchase		21		38.2095  USD
common stock		Sale		298,162		38.0921  USD
common stock		Sale		146,953		38.2079  USD
common stock		Sale		61,755		38.0420  USD
common stock		Sale		54,154		38.0791  USD
common stock		Sale		54,108		38.0810  USD
common stock		Sale		47,399		38.2047  USD
common stock		Sale		23,700		38.0715  USD
common stock		Sale		20,698		38.3091  USD
common stock		Sale		11,926		38.1133  USD
common stock		Sale		7,993		38.2911  USD
common stock		Sale		6,199		38.2448  USD
common stock		Sale		6,040		38.1394  USD
common stock		Sale		5,398		38.0787  USD
common stock		Sale		3,046		38.1013  USD
common stock		Sale		2,900		38.1422  USD
common stock		Sale		2,850		38.3784  USD
common stock		Sale		2,587		38.2100  USD
common stock		Sale		2,400		38.1412  USD
common stock		Sale		2,055		38.1481  USD
common stock		Sale		1,572		38.1899  USD
common stock		Sale		1,478		38.0375  USD
common stock		Sale		1,348		38.0484  USD
common stock		Sale		1,174		38.0410  USD
common stock		Sale		1,165		38.1274  USD
common stock		Sale		1,100		38.1581  USD
common stock		Sale		1,000		38.1000  USD
common stock		Sale		700		38.1742  USD
common stock		Sale		600		38.0666  USD
common stock		Sale		563		38.1620  USD
common stock		Sale		400		37.9900  USD
common stock		Sale		400		38.1300  USD
common stock		Sale		366		38.2021  USD
common stock		Sale		240		37.9491  USD
common stock		Sale		234		37.9997  USD
common stock		Sale		180		38.2298  USD
common stock		Sale		179		37.9672  USD
common stock		Sale		148		38.1134  USD
common stock		Sale		145		38.0868  USD
common stock		Sale		116		38.1752  USD
common stock		Sale		100		38.0800  USD
common stock		Sale		100		37.9700  USD
common stock		Sale		91		37.9630  USD
common stock		Sale		82		38.1451  USD
common stock		Sale		50		38.0668  USD
common stock		Sale		21		38.2095  USD
common stock		Sale		18		38.0850  USD
common stock		Sale		2		38.1400  USD
common stock		Sale		1		38.2000  USD
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
(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	2,100	USD			1.1023  USD
common stock	Call Options	Selling	12,600	USD			1.8853  USD
common stock	Call Options	Selling	2,000	USD			0.8000  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:				09 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END