Form 8.3 -INTERNATIONAL PAPER CO

Barclays PLC

11 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:				10 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:			730,400	0.21%	555,884	0.16%
(2)	Cash-settled derivatives:
	and/or controlled:			215,611	0.06%	27,615	0.01%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			946,011	0.27%	583,499	0.17%
(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		451,770		38.1645  USD
common stock		Purchase		365,673		37.7861  USD
common stock		Purchase		36,697		37.8427  USD
common stock		Purchase		30,291		37.9583  USD
common stock		Purchase		27,172		37.7840  USD
common stock		Purchase		26,563		38.0748  USD
common stock		Purchase		25,133		37.8984  USD
common stock		Purchase		22,300		37.7892  USD
common stock		Purchase		10,830		37.8921  USD
common stock		Purchase		9,435		38.2008  USD
common stock		Purchase		5,909		38.2500  USD
common stock		Purchase		3,419		38.2482  USD
common stock		Purchase		1,997		38.1285  USD
common stock		Purchase		1,842		37.7227  USD
common stock		Purchase		1,718		38.0125  USD
common stock		Purchase		1,622		38.0313  USD
common stock		Purchase		1,351		37.8175  USD
common stock		Purchase		883		38.0793  USD
common stock		Purchase		777		37.9273  USD
common stock		Purchase		509		38.0153  USD
common stock		Purchase		504		37.8497  USD
common stock		Purchase		486		37.9808  USD
common stock		Purchase		470		37.7305  USD
common stock		Purchase		303		38.1398  USD
common stock		Purchase		251		38.0178  USD
common stock		Purchase		150		37.8300  USD
common stock		Purchase		133		38.3000  USD
common stock		Purchase		130		37.8615  USD
common stock		Purchase		112		38.0183  USD
common stock		Purchase		107		38.0919  USD
common stock		Purchase		101		37.8009  USD
common stock		Purchase		100		37.7800  USD
common stock		Purchase		60		38.0266  USD
common stock		Purchase		60		37.8750  USD
common stock		Purchase		40		37.8700  USD
common stock		Purchase		25		37.8540  USD
common stock		Purchase		15		37.7833  USD
common stock		Purchase		15		38.1733  USD
common stock		Purchase		11		37.7150  USD
common stock		Purchase		10		37.9950  USD
common stock		Purchase		2		37.8600  USD
common stock		Sale		268,145		38.2291  USD
common stock		Sale		93,821		38.1949  USD
common stock		Sale		50,701		37.8696  USD
common stock		Sale		40,117		37.9734  USD
common stock		Sale		33,093		37.8122  USD
common stock		Sale		30,291		37.9583  USD
common stock		Sale		27,172		37.7840  USD
common stock		Sale		25,162		37.8305  USD
common stock		Sale		20,027		37.9885  USD
common stock		Sale		18,193		37.8531  USD
common stock		Sale		13,129		38.1548  USD
common stock		Sale		8,289		37.9553  USD
common stock		Sale		7,989		37.8338  USD
common stock		Sale		7,855		37.8143  USD
common stock		Sale		7,033		38.0366  USD
common stock		Sale		7,000		37.9572  USD
common stock		Sale		6,934		37.9202  USD
common stock		Sale		5,719		38.0377  USD
common stock		Sale		5,555		38.0344  USD
common stock		Sale		4,427		37.8967  USD
common stock		Sale		4,036		38.0605  USD
common stock		Sale		3,891		37.8304  USD
common stock		Sale		3,426		38.2500  USD
common stock		Sale		3,270		38.2417  USD
common stock		Sale		2,719		38.2478  USD
common stock		Sale		2,399		37.8776  USD
common stock		Sale		2,173		37.9458  USD
common stock		Sale		1,816		38.1135  USD
common stock		Sale		1,756		37.9321  USD
common stock		Sale		1,711		37.9446  USD
common stock		Sale		1,622		38.0313  USD
common stock		Sale		1,400		37.9653  USD
common stock		Sale		1,300		38.1479  USD
common stock		Sale		1,300		37.8515  USD
common stock		Sale		1,294		37.8981  USD
common stock		Sale		1,000		37.8360  USD
common stock		Sale		1,000		37.8480  USD
common stock		Sale		900		37.8388  USD
common stock		Sale		800		37.9150  USD
common stock		Sale		700		37.8557  USD
common stock		Sale		686		38.1795  USD
common stock		Sale		631		37.8320  USD
common stock		Sale		600		37.4550  USD
common stock		Sale		509		38.0153  USD
common stock		Sale		500		37.8290  USD
common stock		Sale		484		37.9574  USD
common stock		Sale		400		37.9475  USD
common stock		Sale		356		37.8300  USD
common stock		Sale		252		37.8497  USD
common stock		Sale		200		37.7750  USD
common stock		Sale		192		37.8100  USD
common stock		Sale		186		38.1000  USD
common stock		Sale		120		37.8750  USD
common stock		Sale		107		38.0919  USD
common stock		Sale		100		37.7500  USD
common stock		Sale		100		37.8200  USD
common stock		Sale		100		37.9100  USD
common stock		Sale		100		37.8000  USD
common stock		Sale		100		38.2925  USD
common stock		Sale		60		38.0266  USD
common stock		Sale		41		38.2900  USD
common stock		Sale		31		37.8400  USD
common stock		Sale		29		37.8600  USD
common stock		Sale		10		37.9950  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		28,800	37.9407  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	1,900	USD			0.6500  USD
common stock	Call Options	Selling	500	USD			0.7500  USD
common stock	Call Options	Selling	1,100	USD			0.8000  USD
common stock	Call Options	Selling	1,700	USD			0.3500  USD
common stock	Call Options	Selling	7,800	USD			0.4403  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:				11 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END