Form 8.3 - INTERNATIONAL PAPER CO

Barclays PLC

18 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:				17 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:			715,007	0.21%	562,033	0.16%
(2)	Cash-settled derivatives:
	and/or controlled:			252,625	0.07%	31,560	0.01%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			967,632	0.28%	593,593	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		287,665		35.1396  USD
common stock		Purchase		211,600		35.2398  USD
common stock		Purchase		155,482		35.3385  USD
common stock		Purchase		31,022		35.2899  USD
common stock		Purchase		26,830		35.7831  USD
common stock		Purchase		25,904		35.4730  USD
common stock		Purchase		22,340		35.2903  USD
common stock		Purchase		21,204		35.0600  USD
common stock		Purchase		20,969		35.3713  USD
common stock		Purchase		20,490		35.2806  USD
common stock		Purchase		6,857		35.1552  USD
common stock		Purchase		5,656		35.2773  USD
common stock		Purchase		4,308		35.1685  USD
common stock		Purchase		4,156		36.0025  USD
common stock		Purchase		3,656		35.5704  USD
common stock		Purchase		2,912		35.3664  USD
common stock		Purchase		2,063		35.4578  USD
common stock		Purchase		1,518		35.4261  USD
common stock		Purchase		1,377		35.4180  USD
common stock		Purchase		1,300		35.7207  USD
common stock		Purchase		1,293		35.5398  USD
common stock		Purchase		1,149		35.3128  USD
common stock		Purchase		953		35.2384  USD
common stock		Purchase		800		35.6750  USD
common stock		Purchase		595		35.1400  USD
common stock		Purchase		363		35.0664  USD
common stock		Purchase		205		35.4558  USD
common stock		Purchase		200		35.7000  USD
common stock		Purchase		160		35.1243  USD
common stock		Purchase		144		35.2552  USD
common stock		Purchase		138		35.1465  USD
common stock		Purchase		10		35.3850  USD
common stock		Sale		510,563		35.2223  USD
common stock		Sale		110,384		35.1515  USD
common stock		Sale		31,360		35.6563  USD
common stock		Sale		24,155		35.0600  USD
common stock		Sale		23,862		35.3338  USD
common stock		Sale		20,291		35.2993  USD
common stock		Sale		13,357		35.1089  USD
common stock		Sale		9,909		35.4341  USD
common stock		Sale		9,745		35.3904  USD
common stock		Sale		9,451		35.3082  USD
common stock		Sale		9,293		35.3611  USD
common stock		Sale		8,907		35.6864  USD
common stock		Sale		8,522		35.3139  USD
common stock		Sale		7,709		35.3407  USD
common stock		Sale		6,801		35.4282  USD
common stock		Sale		6,794		35.4377  USD
common stock		Sale		5,250		35.2493  USD
common stock		Sale		4,863		35.3959  USD
common stock		Sale		4,842		35.1095  USD
common stock		Sale		4,574		35.9624  USD
common stock		Sale		4,154		35.2316  USD
common stock		Sale		3,855		35.3509  USD
common stock		Sale		3,565		35.1448  USD
common stock		Sale		3,489		35.3545  USD
common stock		Sale		3,069		35.4641  USD
common stock		Sale		2,511		35.3485  USD
common stock		Sale		2,209		35.3796  USD
common stock		Sale		1,553		35.4581  USD
common stock		Sale		1,528		35.8445  USD
common stock		Sale		1,497		35.2489  USD
common stock		Sale		1,264		35.5423  USD
common stock		Sale		1,149		35.3128  USD
common stock		Sale		1,139		35.1762  USD
common stock		Sale		1,113		35.4749  USD
common stock		Sale		1,100		35.2204  USD
common stock		Sale		960		35.2263  USD
common stock		Sale		953		35.2384  USD
common stock		Sale		950		35.4378  USD
common stock		Sale		942		35.1705  USD
common stock		Sale		831		35.9892  USD
common stock		Sale		810		35.5143  USD
common stock		Sale		625		35.7178  USD
common stock		Sale		593		35.2732  USD
common stock		Sale		536		35.1254  USD
common stock		Sale		363		35.0664  USD
common stock		Sale		303		35.2655  USD
common stock		Sale		300		35.1400  USD
common stock		Sale		265		35.6684  USD
common stock		Sale		220		35.0548  USD
common stock		Sale		209		35.2313  USD
common stock		Sale		208		35.2359  USD
common stock		Sale		200		35.9500  USD
common stock		Sale		200		35.7000  USD
common stock		Sale		160		35.1243  USD
common stock		Sale		138		35.1465  USD
common stock		Sale		134		35.8880  USD
common stock		Sale		126		35.1190  USD
common stock		Sale		100		35.8700  USD
common stock		Sale		100		35.4100  USD
common stock		Sale		100		35.6100  USD
common stock		Sale		81		35.7753  USD
common stock		Sale		59		35.6567  USD
common stock		Sale		40		36.1005  USD
common stock		Sale		26		35.0650  USD
common stock		Sale		23		35.3600  USD
common stock		Sale		8		35.4550  USD
common stock		Sale		5		35.0800  USD
common stock		Sale		5		35.1900  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		Opening Long		525	36.0656  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	1,800	USD			1.0500  USD
common stock	Call Options	Selling	4,500	36.0000  USD	American	26 Apr 2024	0.5511  USD
common stock	Call Options	Selling	2,200	USD			0.3500  USD
common stock	Put Options	Selling	4,800	35.0000  USD	American	26 Apr 2024	0.7687  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:				18 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END