Form 8.3 - INTERNATIONAL PAPER CO

Barclays PLC

23 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:				22 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:			712,864	0.21%	640,543	0.18%
(2)	Cash-settled derivatives:
	and/or controlled:			301,257	0.09%	27,615	0.01%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,014,121	0.29%	668,158	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		356,339		34.7644  USD
common stock		Purchase		204,803		34.7598  USD
common stock		Purchase		86,179		34.7507  USD
common stock		Purchase		61,743		34.7958  USD
common stock		Purchase		59,613		34.7450  USD
common stock		Purchase		36,831		34.7600  USD
common stock		Purchase		30,683		34.7847  USD
common stock		Purchase		23,768		34.8700  USD
common stock		Purchase		19,148		34.7254  USD
common stock		Purchase		16,302		34.7379  USD
common stock		Purchase		15,971		34.8114  USD
common stock		Purchase		15,857		34.7660  USD
common stock		Purchase		15,461		34.7128  USD
common stock		Purchase		13,396		34.7976  USD
common stock		Purchase		10,755		34.7374  USD
common stock		Purchase		8,924		34.7659  USD
common stock		Purchase		4,977		34.7395  USD
common stock		Purchase		3,800		34.7098  USD
common stock		Purchase		3,311		34.7371  USD
common stock		Purchase		2,793		34.7443  USD
common stock		Purchase		2,418		34.8113  USD
common stock		Purchase		2,018		34.7004  USD
common stock		Purchase		1,757		34.6857  USD
common stock		Purchase		1,663		34.7739  USD
common stock		Purchase		1,351		34.7110  USD
common stock		Purchase		1,298		34.7672  USD
common stock		Purchase		1,169		34.7032  USD
common stock		Purchase		1,068		34.7346  USD
common stock		Purchase		1,000		34.9060  USD
common stock		Purchase		911		34.7800  USD
common stock		Purchase		729		34.7743  USD
common stock		Purchase		720		34.5850  USD
common stock		Purchase		680		34.6940  USD
common stock		Purchase		550		34.7740  USD
common stock		Purchase		491		34.7335  USD
common stock		Purchase		484		34.7352  USD
common stock		Purchase		300		34.7100  USD
common stock		Purchase		258		34.6300  USD
common stock		Purchase		138		34.7531  USD
common stock		Purchase		100		34.6700  USD
common stock		Purchase		100		34.7500  USD
common stock		Purchase		100		34.9200  USD
common stock		Purchase		100		34.7200  USD
common stock		Purchase		91		34.6600  USD
common stock		Purchase		18		34.8200  USD
common stock		Purchase		1		34.7700  USD
common stock		Sale		299,429		34.7539  USD
common stock		Sale		175,845		34.7630  USD
common stock		Sale		98,317		34.7530  USD
common stock		Sale		92,755		34.7659  USD
common stock		Sale		39,089		34.7537  USD
common stock		Sale		37,705		34.8117  USD
common stock		Sale		28,840		34.7381  USD
common stock		Sale		24,547		34.7600  USD
common stock		Sale		16,634		34.7611  USD
common stock		Sale		15,894		34.7911  USD
common stock		Sale		15,461		34.7128  USD
common stock		Sale		13,861		34.7912  USD
common stock		Sale		10,562		34.9137  USD
common stock		Sale		10,155		34.7327  USD
common stock		Sale		9,028		34.7781  USD
common stock		Sale		7,459		34.7692  USD
common stock		Sale		7,335		34.7918  USD
common stock		Sale		6,796		34.8042  USD
common stock		Sale		6,403		35.0642  USD
common stock		Sale		6,165		34.7581  USD
common stock		Sale		5,368		34.8202  USD
common stock		Sale		5,136		34.7710  USD
common stock		Sale		5,000		34.8327  USD
common stock		Sale		4,666		34.7175  USD
common stock		Sale		4,626		34.7355  USD
common stock		Sale		4,443		34.8080  USD
common stock		Sale		4,074		34.7612  USD
common stock		Sale		4,063		34.7760  USD
common stock		Sale		3,916		34.6895  USD
common stock		Sale		3,854		34.7180  USD
common stock		Sale		3,800		34.7098  USD
common stock		Sale		3,411		34.7926  USD
common stock		Sale		3,188		34.7162  USD
common stock		Sale		2,857		34.8038  USD
common stock		Sale		2,743		34.7762  USD
common stock		Sale		2,600		34.7311  USD
common stock		Sale		2,452		34.7608  USD
common stock		Sale		1,773		34.7674  USD
common stock		Sale		1,500		34.7380  USD
common stock		Sale		1,399		34.7543  USD
common stock		Sale		1,351		34.7110  USD
common stock		Sale		1,169		34.7032  USD
common stock		Sale		1,142		34.7234  USD
common stock		Sale		1,001		34.7459  USD
common stock		Sale		959		34.7210  USD
common stock		Sale		918		34.7000  USD
common stock		Sale		829		34.7638  USD
common stock		Sale		822		34.7441  USD
common stock		Sale		811		34.7800  USD
common stock		Sale		729		34.7743  USD
common stock		Sale		711		34.7592  USD
common stock		Sale		701		34.6600  USD
common stock		Sale		600		34.7650  USD
common stock		Sale		600		34.7733  USD
common stock		Sale		600		34.7516  USD
common stock		Sale		550		34.7740  USD
common stock		Sale		549		34.7499  USD
common stock		Sale		491		34.7335  USD
common stock		Sale		484		34.7352  USD
common stock		Sale		474		34.7358  USD
common stock		Sale		412		34.7571  USD
common stock		Sale		402		34.7134  USD
common stock		Sale		360		34.5850  USD
common stock		Sale		300		34.6783  USD
common stock		Sale		258		34.6300  USD
common stock		Sale		256		34.7806  USD
common stock		Sale		207		34.7274  USD
common stock		Sale		206		34.6704  USD
common stock		Sale		203		34.6598  USD
common stock		Sale		200		34.6950  USD
common stock		Sale		200		34.9850  USD
common stock		Sale		154		34.6711  USD
common stock		Sale		100		35.0200  USD
common stock		Sale		100		34.9300  USD
common stock		Sale		100		34.9200  USD
common stock		Sale		100		34.7300  USD
common stock		Sale		56		34.8812  USD
common stock		Sale		13		34.7376  USD
common stock		Sale		4		34.9550  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	3,700	USD			0.4891  USD
common stock	Put Options	Selling	800	35.0000  USD	American	26 Apr 2024	0.8500  USD
common stock	Call Options	Selling	8,800	USD			0.7073  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:				23 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END