Form 8.3 - International Paper Company

Barclays PLC

28 March 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:				27 Mar 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:			701,692	0.20%	271,626	0.08%
(2)	Cash-settled derivatives:
	and/or controlled:			99,853	0.03%	11,835	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			801,545	0.23%	283,461	0.08%
(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		192,885		39.2960  USD
common stock		Purchase		103,551		38.9036  USD
common stock		Purchase		87,708		38.7551  USD
common stock		Purchase		86,158		38.9695  USD
common stock		Purchase		77,098		38.9413  USD
common stock		Purchase		64,794		39.2988  USD
common stock		Purchase		50,000		38.9850  USD
common stock		Purchase		36,846		38.7411  USD
common stock		Purchase		36,379		38.5944  USD
common stock		Purchase		27,666		38.6349  USD
common stock		Purchase		26,311		38.6185  USD
common stock		Purchase		24,000		38.9546  USD
common stock		Purchase		22,726		38.8806  USD
common stock		Purchase		20,831		38.8211  USD
common stock		Purchase		19,234		38.7980  USD
common stock		Purchase		18,993		38.7928  USD
common stock		Purchase		16,556		39.3900  USD
common stock		Purchase		10,005		38.7819  USD
common stock		Purchase		7,250		38.8576  USD
common stock		Purchase		6,800		39.0393  USD
common stock		Purchase		6,102		39.1796  USD
common stock		Purchase		5,624		39.0264  USD
common stock		Purchase		4,133		38.9005  USD
common stock		Purchase		4,032		38.7933  USD
common stock		Purchase		3,369		38.7243  USD
common stock		Purchase		2,955		39.0771  USD
common stock		Purchase		2,947		37.4787  USD
common stock		Purchase		2,454		39.1092  USD
common stock		Purchase		2,394		38.8396  USD
common stock		Purchase		2,117		38.8995  USD
common stock		Purchase		2,012		38.7919  USD
common stock		Purchase		2,007		38.9649  USD
common stock		Purchase		1,838		38.8351  USD
common stock		Purchase		1,151		38.9965  USD
common stock		Purchase		1,144		38.4766  USD
common stock		Purchase		637		38.9838  USD
common stock		Purchase		474		39.2545  USD
common stock		Purchase		469		39.1207  USD
common stock		Purchase		440		37.9917  USD
common stock		Purchase		200		39.1000  USD
common stock		Purchase		190		39.1210  USD
common stock		Purchase		156		38.9366  USD
common stock		Purchase		135		38.9022  USD
common stock		Purchase		131		38.7082  USD
common stock		Purchase		100		38.6100  USD
common stock		Purchase		100		39.1100  USD
common stock		Purchase		90		39.0200  USD
common stock		Purchase		27		39.0915  USD
common stock		Purchase		16		38.4950  USD
common stock		Purchase		12		37.9000  USD
common stock		Purchase		10		39.3910  USD
common stock		Purchase		7		38.5500  USD
common stock		Purchase		4		39.1600  USD
common stock		Purchase		1		37.9500  USD
common stock		Sale		216,383		38.8178  USD
common stock		Sale		126,866		39.3884  USD
common stock		Sale		73,862		39.2901  USD
common stock		Sale		73,846		38.8855  USD
common stock		Sale		68,277		38.9411  USD
common stock		Sale		58,712		38.7658  USD
common stock		Sale		56,800		38.7903  USD
common stock		Sale		50,000		38.9850  USD
common stock		Sale		35,072		38.9147  USD
common stock		Sale		25,010		38.9031  USD
common stock		Sale		23,330		39.0292  USD
common stock		Sale		23,305		38.9003  USD
common stock		Sale		22,726		38.8806  USD
common stock		Sale		22,047		38.7517  USD
common stock		Sale		21,462		39.0289  USD
common stock		Sale		12,709		39.3900  USD
common stock		Sale		9,868		39.1200  USD
common stock		Sale		9,717		38.7820  USD
common stock		Sale		9,616		38.9123  USD
common stock		Sale		8,656		38.8192  USD
common stock		Sale		6,800		39.0393  USD
common stock		Sale		6,729		39.0269  USD
common stock		Sale		5,359		38.6180  USD
common stock		Sale		4,341		38.9336  USD
common stock		Sale		3,551		38.4396  USD
common stock		Sale		2,394		38.8396  USD
common stock		Sale		2,221		37.4744  USD
common stock		Sale		2,166		38.9710  USD
common stock		Sale		2,117		38.8995  USD
common stock		Sale		1,655		39.0558  USD
common stock		Sale		1,401		39.1018  USD
common stock		Sale		1,329		39.0755  USD
common stock		Sale		1,190		38.9215  USD
common stock		Sale		1,127		38.7579  USD
common stock		Sale		1,055		38.9601  USD
common stock		Sale		994		38.9241  USD
common stock		Sale		968		38.7494  USD
common stock		Sale		902		38.9244  USD
common stock		Sale		861		38.8826  USD
common stock		Sale		800		38.9150  USD
common stock		Sale		791		39.1007  USD
common stock		Sale		643		38.6979  USD
common stock		Sale		600		38.8300  USD
common stock		Sale		469		39.1207  USD
common stock		Sale		440		37.9917  USD
common stock		Sale		409		38.6908  USD
common stock		Sale		402		39.1500  USD
common stock		Sale		400		38.8550  USD
common stock		Sale		393		39.3700  USD
common stock		Sale		360		38.7677  USD
common stock		Sale		337		38.7152  USD
common stock		Sale		316		37.5065  USD
common stock		Sale		307		39.0563  USD
common stock		Sale		307		39.0439  USD
common stock		Sale		300		38.8633  USD
common stock		Sale		299		38.8303  USD
common stock		Sale		201		39.2406  USD
common stock		Sale		200		39.1750  USD
common stock		Sale		193		38.7973  USD
common stock		Sale		190		39.1210  USD
common stock		Sale		144		38.9052  USD
common stock		Sale		122		38.6900  USD
common stock		Sale		109		38.9924  USD
common stock		Sale		105		37.4300  USD
common stock		Sale		100		38.5300  USD
common stock		Sale		100		38.9100  USD
common stock		Sale		100		37.5400  USD
common stock		Sale		100		37.4100  USD
common stock		Sale		100		38.8400  USD
common stock		Sale		97		38.8063  USD
common stock		Sale		95		39.0950  USD
common stock		Sale		85		39.1100  USD
common stock		Sale		66		37.6000  USD
common stock		Sale		62		38.6500  USD
common stock		Sale		58		39.3650  USD
common stock		Sale		54		38.6712  USD
common stock		Sale		45		39.0200  USD
common stock		Sale		45		38.9417  USD
common stock		Sale		36		38.9978  USD
common stock		Sale		35		37.4400  USD
common stock		Sale		26		39.0686  USD
common stock		Sale		22		38.9977  USD
common stock		Sale		16		39.3800  USD
common stock		Sale		15		39.0333  USD
common stock		Sale		12		37.9000  USD
common stock		Sale		4		37.4800  USD
common stock		Sale		4		39.1600  USD
common stock		Sale		4		39.1700  USD
common stock		Sale		3		39.1000  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		20,000	38.8568  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	Put Options	Selling	4,700	39.0000  USD	American	19 Apr 2024	0.9457  USD
common stock	Call Options	Selling	6,800	40.0000  USD	American	19 Apr 2024	0.6000  USD
common stock	Call Options	Selling	2,500	40.0000  USD	American	17 May 2024	1.1592  USD
common stock	Call Options	Selling	50,000	40.0000  USD	American	17 May 2024	1.1910  USD
common stock	Put Options	Selling	2,400	37.0000  USD	American	19 Apr 2024	0.3604  USD
common stock	Put Options	Selling	4,200	38.0000  USD	American	19 Apr 2024	0.5131  USD
common stock	Put Options	Selling	1,900	38.0000  USD	American	19 Apr 2024	0.7078  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:				28 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END