Form 8.3 - INTERNATIONAL PAPER CO

Barclays PLC
16 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:

15 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:

 

 

730,119

0.21%

587,213

0.17%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

243,475

0.07%

27,615

0.01%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

973,594

0.28%

614,828

0.18%

(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

92,381

37.0844  USD

common stock

Purchase

68,314

36.8715  USD

common stock

Purchase

56,934

36.8208  USD

common stock

Purchase

35,172

36.8564  USD

common stock

Purchase

34,805

36.9526  USD

common stock

Purchase

32,508

36.9705  USD

common stock

Purchase

27,941

36.7700  USD

common stock

Purchase

17,402

36.8459  USD

common stock

Purchase

8,600

36.8987  USD

common stock

Purchase

8,151

36.9115  USD

common stock

Purchase

5,675

36.7698  USD

common stock

Purchase

5,259

36.7497  USD

common stock

Purchase

3,702

36.9484  USD

common stock

Purchase

2,841

36.9017  USD

common stock

Purchase

2,552

36.9234  USD

common stock

Purchase

2,465

36.8548  USD

common stock

Purchase

2,416

36.9456  USD

common stock

Purchase

2,400

36.9954  USD

common stock

Purchase

1,898

36.7742  USD

common stock

Purchase

1,617

36.7294  USD

common stock

Purchase

1,315

36.7500  USD

common stock

Purchase

1,303

36.7518  USD

common stock

Purchase

1,055

36.9416  USD

common stock

Purchase

1,004

36.7460  USD

common stock

Purchase

995

36.8198  USD

common stock

Purchase

871

36.8027  USD

common stock

Purchase

645

36.9850  USD

common stock

Purchase

635

36.7049  USD

common stock

Purchase

600

37.0250  USD

common stock

Purchase

506

36.6962  USD

common stock

Purchase

377

36.9448  USD

common stock

Purchase

300

36.7666  USD

common stock

Purchase

300

36.7450  USD

common stock

Purchase

274

36.7024  USD

common stock

Purchase

266

36.7746  USD

common stock

Purchase

247

36.7557  USD

common stock

Purchase

226

36.7673  USD

common stock

Purchase

226

36.8199  USD

common stock

Purchase

216

36.7931  USD

common stock

Purchase

209

36.7554  USD

common stock

Purchase

200

36.7200  USD

common stock

Purchase

141

36.7671  USD

common stock

Purchase

109

36.7932  USD

common stock

Purchase

100

36.5600  USD

common stock

Purchase

100

36.7750  USD

common stock

Purchase

59

36.6450  USD

common stock

Purchase

45

37.0100  USD

common stock

Purchase

25

36.7000  USD

common stock

Sale

74,333

36.9356  USD

common stock

Sale

48,963

36.8539  USD

common stock

Sale

34,416

36.8492  USD

common stock

Sale

31,787

37.2082  USD

common stock

Sale

28,586

36.9614  USD

common stock

Sale

27,611

36.7766  USD

common stock

Sale

27,348

36.7700  USD

common stock

Sale

21,082

37.0280  USD

common stock

Sale

20,648

37.0163  USD

common stock

Sale

16,437

36.7685  USD

common stock

Sale

12,682

36.9970  USD

common stock

Sale

11,812

36.9092  USD

common stock

Sale

10,464

37.0125  USD

common stock

Sale

7,310

36.7708  USD

common stock

Sale

6,816

36.8981  USD

common stock

Sale

5,338

36.8390  USD

common stock

Sale

4,952

36.7338  USD

common stock

Sale

4,905

37.0198  USD

common stock

Sale

3,702

36.9484  USD

common stock

Sale

3,267

36.8493  USD

common stock

Sale

1,898

36.7742  USD

common stock

Sale

1,856

36.7174  USD

common stock

Sale

1,802

36.9600  USD

common stock

Sale

1,700

37.0000  USD

common stock

Sale

1,410

36.7581  USD

common stock

Sale

1,400

37.0107  USD

common stock

Sale

1,290

36.9850  USD

common stock

Sale

1,004

36.7460  USD

common stock

Sale

995

36.8198  USD

common stock

Sale

811

36.7162  USD

common stock

Sale

750

36.8353  USD

common stock

Sale

641

36.9368  USD

common stock

Sale

635

36.7049  USD

common stock

Sale

631

37.1218  USD

common stock

Sale

611

36.6475  USD

common stock

Sale

602

36.6400  USD

common stock

Sale

506

36.6962  USD

common stock

Sale

500

36.6460  USD

common stock

Sale

475

37.2463  USD

common stock

Sale

465

36.6500  USD

common stock

Sale

409

36.7122  USD

common stock

Sale

359

36.6600  USD

common stock

Sale

312

36.7464  USD

common stock

Sale

300

36.7666  USD

common stock

Sale

300

37.0250  USD

common stock

Sale

237

36.6750  USD

common stock

Sale

228

36.6959  USD

common stock

Sale

200

36.7125  USD

common stock

Sale

136

36.7400  USD

common stock

Sale

135

36.8600  USD

common stock

Sale

104

36.6501  USD

common stock

Sale

100

36.5600  USD

common stock

Sale

95

37.0200  USD

common stock

Sale

91

36.6300  USD

common stock

Sale

86

36.7823  USD

common stock

Sale

78

36.6415  USD

common stock

Sale

78

36.9574  USD

common stock

Sale

48

36.8571  USD

common stock

Sale

25

36.7000  USD

common stock

Sale

20

36.8300  USD

common stock

Sale

8

37.7850  USD

common stock

Sale

5

37.5050  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

3,200

  USD

 

 

1.0000  USD

common stock

Call Options

Selling

6,600

  USD

 

 

0.9318  USD

common stock

Call Options

Selling

2,100

  USD

 

 

0.6595  USD

common stock

Call Options

Selling

1,400

  USD

 

 

0.6500  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:

16 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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