Form 8.3 - INTERNATIONAL PAPER CO

Barclays PLC
22 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:

19 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:

 

 

704,065

0.20%

631,347

0.18%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

305,202

0.09%

31,560

0.01%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

1,009,267

0.29%

662,907

0.19%

(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

251,831

35.3326  USD

common stock

Purchase

146,989

35.2695  USD

common stock

Purchase

111,167

35.3343  USD

common stock

Purchase

90,120

35.3351  USD

common stock

Purchase

88,709

35.2417  USD

common stock

Purchase

40,680

35.3528  USD

common stock

Purchase

39,704

35.2993  USD

common stock

Purchase

33,911

35.3700  USD

common stock

Purchase

31,500

34.7933  USD

common stock

Purchase

26,492

35.2995  USD

common stock

Purchase

25,748

35.3941  USD

common stock

Purchase

23,179

35.3199  USD

common stock

Purchase

21,359

35.1760  USD

common stock

Purchase

20,471

35.3341  USD

common stock

Purchase

20,012

34.7652  USD

common stock

Purchase

11,788

35.3357  USD

common stock

Purchase

10,564

35.2979  USD

common stock

Purchase

9,839

35.2988  USD

common stock

Purchase

9,663

35.2554  USD

common stock

Purchase

8,324

35.0000  USD

common stock

Purchase

8,291

35.2776  USD

common stock

Purchase

8,284

35.2940  USD

common stock

Purchase

7,710

35.2521  USD

common stock

Purchase

5,377

35.3877  USD

common stock

Purchase

5,095

35.2880  USD

common stock

Purchase

4,743

35.3966  USD

common stock

Purchase

4,289

35.3448  USD

common stock

Purchase

3,531

35.3738  USD

common stock

Purchase

3,370

35.3222  USD

common stock

Purchase

3,090

35.4207  USD

common stock

Purchase

3,052

35.4617  USD

common stock

Purchase

2,972

35.2822  USD

common stock

Purchase

2,590

35.3323  USD

common stock

Purchase

2,285

35.4258  USD

common stock

Purchase

2,153

34.6900  USD

common stock

Purchase

2,100

35.2902  USD

common stock

Purchase

1,983

35.2546  USD

common stock

Purchase

1,955

35.3102  USD

common stock

Purchase

1,330

35.3450  USD

common stock

Purchase

1,133

35.2376  USD

common stock

Purchase

902

35.2316  USD

common stock

Purchase

568

35.3167  USD

common stock

Purchase

500

35.2400  USD

common stock

Purchase

500

35.2900  USD

common stock

Purchase

471

35.2652  USD

common stock

Purchase

304

35.5018  USD

common stock

Purchase

265

35.4479  USD

common stock

Purchase

200

35.3545  USD

common stock

Purchase

119

35.0644  USD

common stock

Purchase

100

35.5200  USD

common stock

Purchase

20

35.3950  USD

common stock

Purchase

17

35.2558  USD

common stock

Purchase

12

35.3033  USD

common stock

Purchase

1

32.8000  EUR

common stock

Purchase

1

35.5000  USD

common stock

Sale

237,648

35.2907  USD

common stock

Sale

121,716

35.3344  USD

common stock

Sale

106,784

35.2740  USD

common stock

Sale

84,773

35.3709  USD

common stock

Sale

73,827

35.3295  USD

common stock

Sale

60,777

35.3163  USD

common stock

Sale

46,459

35.3365  USD

common stock

Sale

39,704

35.2993  USD

common stock

Sale

34,189

35.3190  USD

common stock

Sale

32,750

35.3053  USD

common stock

Sale

32,232

35.3700  USD

common stock

Sale

30,000

34.7933  USD

common stock

Sale

21,503

35.3128  USD

common stock

Sale

16,749

35.3389  USD

common stock

Sale

15,216

35.3171  USD

common stock

Sale

13,888

35.3397  USD

common stock

Sale

13,770

35.3001  USD

common stock

Sale

13,500

35.3045  USD

common stock

Sale

12,146

35.3818  USD

common stock

Sale

12,020

35.3330  USD

common stock

Sale

10,006

34.7652  USD

common stock

Sale

9,822

35.0000  USD

common stock

Sale

7,940

35.1199  USD

common stock

Sale

7,922

35.2807  USD

common stock

Sale

6,811

35.3149  USD

common stock

Sale

5,698

34.8209  USD

common stock

Sale

5,500

35.3821  USD

common stock

Sale

5,145

35.3811  USD

common stock

Sale

5,124

35.3143  USD

common stock

Sale

5,095

35.2880  USD

common stock

Sale

4,429

35.3254  USD

common stock

Sale

4,084

35.2974  USD

common stock

Sale

2,974

34.8146  USD

common stock

Sale

2,601

35.2243  USD

common stock

Sale

2,459

35.3444  USD

common stock

Sale

2,000

35.4146  USD

common stock

Sale

1,900

35.3144  USD

common stock

Sale

1,846

35.3205  USD

common stock

Sale

1,805

35.3096  USD

common stock

Sale

1,444

35.0257  USD

common stock

Sale

1,354

35.3267  USD

common stock

Sale

1,330

35.3450  USD

common stock

Sale

1,303

35.1889  USD

common stock

Sale

1,212

35.3966  USD

common stock

Sale

1,193

35.3386  USD

common stock

Sale

1,146

35.3460  USD

common stock

Sale

1,034

34.9189  USD

common stock

Sale

1,020

35.2285  USD

common stock

Sale

933

35.3084  USD

common stock

Sale

600

35.0633  USD

common stock

Sale

410

35.3950  USD

common stock

Sale

400

35.4025  USD

common stock

Sale

318

35.1239  USD

common stock

Sale

300

35.4033  USD

common stock

Sale

252

35.2288  USD

common stock

Sale

220

35.2575  USD

common stock

Sale

215

35.2294  USD

common stock

Sale

212

35.3970  USD

common stock

Sale

210

35.2916  USD

common stock

Sale

200

35.1000  USD

common stock

Sale

200

35.3350  USD

common stock

Sale

200

35.3875  USD

common stock

Sale

150

35.3166  USD

common stock

Sale

144

35.3302  USD

common stock

Sale

119

35.0644  USD

common stock

Sale

115

35.2769  USD

common stock

Sale

102

35.3500  USD

common stock

Sale

100

35.2200  USD

common stock

Sale

100

35.3600  USD

common stock

Sale

10

35.2900  USD

common stock

Sale

1

32.8000  EUR

 

 

 

 

 

 

 

 

(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

1,498

34.9700  USD

common stock

SWAP

Increasing Long

37,400

35.3135  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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(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:

22 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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