Form 8.3 - INTERNATIONAL PAPER CO

Barclays PLC
17 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:

16 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:

 

 

721,527

0.21%

559,352

0.16%

(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:

 

 

965,002

0.28%

586,967

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

308,251

36.1340  USD

common stock

Purchase

203,402

35.9433  USD

common stock

Purchase

104,641

36.0045  USD

common stock

Purchase

101,773

36.0966  USD

common stock

Purchase

94,164

36.0610  USD

common stock

Purchase

86,985

36.0567  USD

common stock

Purchase

74,129

36.0371  USD

common stock

Purchase

61,644

36.1644  USD

common stock

Purchase

56,873

35.9100  USD

common stock

Purchase

30,981

35.9120  USD

common stock

Purchase

18,652

36.0699  USD

common stock

Purchase

16,477

35.9991  USD

common stock

Purchase

15,206

36.1898  USD

common stock

Purchase

15,000

36.3464  USD

common stock

Purchase

13,991

36.1422  USD

common stock

Purchase

10,555

36.1497  USD

common stock

Purchase

9,914

35.9622  USD

common stock

Purchase

9,230

35.9796  USD

common stock

Purchase

7,094

36.1934  USD

common stock

Purchase

7,053

35.9289  USD

common stock

Purchase

5,667

36.0104  USD

common stock

Purchase

5,451

36.7091  USD

common stock

Purchase

4,585

35.9528  USD

common stock

Purchase

3,981

35.9540  USD

common stock

Purchase

3,841

36.2028  USD

common stock

Purchase

3,314

36.1474  USD

common stock

Purchase

2,916

36.0112  USD

common stock

Purchase

2,770

35.9882  USD

common stock

Purchase

2,598

35.9773  USD

common stock

Purchase

2,527

36.0662  USD

common stock

Purchase

1,983

35.9609  USD

common stock

Purchase

1,178

35.9795  USD

common stock

Purchase

1,121

36.0194  USD

common stock

Purchase

973

35.9674  USD

common stock

Purchase

922

35.9655  USD

common stock

Purchase

568

36.2246  USD

common stock

Purchase

445

35.8875  USD

common stock

Purchase

417

35.8957  USD

common stock

Purchase

276

36.0954  USD

common stock

Purchase

244

36.1950  USD

common stock

Purchase

202

35.8999  USD

common stock

Purchase

200

35.8750  USD

common stock

Purchase

168

35.9159  USD

common stock

Purchase

166

36.3608  USD

common stock

Purchase

147

35.8872  USD

common stock

Purchase

113

35.2100  EUR

common stock

Purchase

100

35.9200  USD

common stock

Purchase

100

35.9000  USD

common stock

Purchase

58

36.9800  USD

common stock

Purchase

50

34.8200  EUR

common stock

Purchase

24

36.0691  USD

common stock

Sale

359,305

35.9904  USD

common stock

Sale

237,139

36.1099  USD

common stock

Sale

160,607

36.0941  USD

common stock

Sale

65,499

36.2518  USD

common stock

Sale

60,244

36.0195  USD

common stock

Sale

36,463

36.0470  USD

common stock

Sale

30,981

35.9120  USD

common stock

Sale

24,348

36.0019  USD

common stock

Sale

24,178

35.9946  USD

common stock

Sale

23,319

36.2028  USD

common stock

Sale

21,827

35.9100  USD

common stock

Sale

20,682

36.0033  USD

common stock

Sale

19,226

36.2013  USD

common stock

Sale

15,347

35.9110  USD

common stock

Sale

15,000

36.3464  USD

common stock

Sale

14,943

36.0389  USD

common stock

Sale

14,635

36.1973  USD

common stock

Sale

11,862

36.1247  USD

common stock

Sale

11,538

35.9976  USD

common stock

Sale

9,927

35.9116  USD

common stock

Sale

9,724

36.0406  USD

common stock

Sale

8,950

36.0731  USD

common stock

Sale

8,642

36.0254  USD

common stock

Sale

6,767

35.9940  USD

common stock

Sale

5,535

36.0416  USD

common stock

Sale

4,523

36.3503  USD

common stock

Sale

3,436

35.9949  USD

common stock

Sale

3,276

35.9223  USD

common stock

Sale

2,931

35.9329  USD

common stock

Sale

2,864

35.9832  USD

common stock

Sale

2,770

35.9882  USD

common stock

Sale

2,527

36.0662  USD

common stock

Sale

2,450

36.3380  USD

common stock

Sale

2,400

36.6954  USD

common stock

Sale

1,827

35.9566  USD

common stock

Sale

1,545

35.9896  USD

common stock

Sale

1,419

35.9778  USD

common stock

Sale

1,391

36.0027  USD

common stock

Sale

1,050

36.0127  USD

common stock

Sale

1,000

36.7420  USD

common stock

Sale

980

35.9861  USD

common stock

Sale

979

36.4608  USD

common stock

Sale

945

35.9761  USD

common stock

Sale

939

36.0835  USD

common stock

Sale

922

35.9655  USD

common stock

Sale

800

35.9906  USD

common stock

Sale

700

35.9121  USD

common stock

Sale

618

36.7517  USD

common stock

Sale

568

36.2246  USD

common stock

Sale

518

35.9608  USD

common stock

Sale

441

35.9054  USD

common stock

Sale

400

36.3150  USD

common stock

Sale

400

36.3125  USD

common stock

Sale

400

36.7362  USD

common stock

Sale

400

36.3037  USD

common stock

Sale

352

36.6468  USD

common stock

Sale

340

35.8768  USD

common stock

Sale

277

36.6842  USD

common stock

Sale

244

36.1950  USD

common stock

Sale

201

35.8960  USD

common stock

Sale

200

36.0000  USD

common stock

Sale

200

36.6400  USD

common stock

Sale

200

36.7300  USD

common stock

Sale

168

35.9159  USD

common stock

Sale

113

35.2100  EUR

common stock

Sale

100

35.8200  USD

common stock

Sale

100

36.3200  USD

common stock

Sale

100

36.3100  USD

common stock

Sale

50

34.8200  EUR

common stock

Sale

15

35.8966  USD

common stock

Sale

12

37.0933  USD

common stock

Sale

4

36.9900  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

4,700

  USD

 

 

0.4946  USD

common stock

Put Options

Selling

3,300

36.0000  USD

American

26 Apr 2024

0.8045  USD

common stock

Call Options

Selling

1,200

  USD

 

 

1.0000  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:

17 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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