Form 8.3 - International Paper Company

Barclays PLC

24 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 COMPANY
	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:				23 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:			733,500	0.21%	655,008	0.19%
(2)	Cash-settled derivatives:
	and/or controlled:			339,357	0.10%	27,615	0.01%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,072,857	0.31%	682,623	0.20%
(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		210,961		34.3597  USD
common stock		Purchase		195,339		34.3358  USD
common stock		Purchase		75,244		34.3108  USD
common stock		Purchase		50,070		34.3280  USD
common stock		Purchase		46,015		34.2924  USD
common stock		Purchase		39,238		34.3449  USD
common stock		Purchase		30,380		34.3295  USD
common stock		Purchase		22,298		34.3120  USD
common stock		Purchase		18,038		34.3591  USD
common stock		Purchase		17,574		34.3540  USD
common stock		Purchase		15,200		34.3654  USD
common stock		Purchase		12,303		34.3257  USD
common stock		Purchase		12,235		34.4100  USD
common stock		Purchase		7,581		34.3131  USD
common stock		Purchase		7,409		34.3042  USD
common stock		Purchase		5,663		34.3813  USD
common stock		Purchase		4,725		34.3058  USD
common stock		Purchase		4,694		34.0793  USD
common stock		Purchase		2,986		34.2950  USD
common stock		Purchase		2,719		34.2502  USD
common stock		Purchase		2,146		34.3070  USD
common stock		Purchase		2,134		34.3213  USD
common stock		Purchase		1,853		34.3026  USD
common stock		Purchase		1,750		34.2500  USD
common stock		Purchase		1,750		33.9200  USD
common stock		Purchase		1,600		34.2012  USD
common stock		Purchase		1,524		34.3607  USD
common stock		Purchase		1,375		34.3208  USD
common stock		Purchase		1,298		34.3263  USD
common stock		Purchase		1,233		34.4133  USD
common stock		Purchase		1,165		34.3667  USD
common stock		Purchase		1,150		34.3067  USD
common stock		Purchase		1,121		34.3438  USD
common stock		Purchase		624		34.3777  USD
common stock		Purchase		419		34.3634  USD
common stock		Purchase		344		34.2550  USD
common stock		Purchase		319		34.3112  USD
common stock		Purchase		300		33.9066  USD
common stock		Purchase		231		34.3368  USD
common stock		Purchase		208		34.4200  USD
common stock		Purchase		191		34.3162  USD
common stock		Purchase		180		34.3100  USD
common stock		Purchase		151		34.3680  USD
common stock		Purchase		144		34.4226  USD
common stock		Purchase		141		34.3926  USD
common stock		Purchase		129		34.3000  USD
common stock		Purchase		117		34.3682  USD
common stock		Purchase		100		34.0000  USD
common stock		Purchase		93		34.3019  USD
common stock		Purchase		79		34.3297  USD
common stock		Purchase		71		34.3076  USD
common stock		Purchase		55		34.4300  USD
common stock		Purchase		30		34.4350  USD
common stock		Sale		305,821		34.3444  USD
common stock		Sale		64,582		34.3353  USD
common stock		Sale		58,144		34.3459  USD
common stock		Sale		49,170		34.3265  USD
common stock		Sale		39,734		34.3146  USD
common stock		Sale		39,238		34.3449  USD
common stock		Sale		25,416		34.3357  USD
common stock		Sale		25,368		34.3423  USD
common stock		Sale		22,318		34.3416  USD
common stock		Sale		16,792		34.3354  USD
common stock		Sale		16,055		34.3432  USD
common stock		Sale		12,338		34.3430  USD
common stock		Sale		12,317		34.2323  USD
common stock		Sale		12,219		34.4100  USD
common stock		Sale		8,282		34.3165  USD
common stock		Sale		7,870		34.3159  USD
common stock		Sale		7,450		34.3801  USD
common stock		Sale		5,513		34.2959  USD
common stock		Sale		4,746		34.3727  USD
common stock		Sale		4,490		34.2803  USD
common stock		Sale		4,394		34.3107  USD
common stock		Sale		4,340		34.3076  USD
common stock		Sale		4,221		34.3094  USD
common stock		Sale		3,829		34.2264  USD
common stock		Sale		3,676		34.3209  USD
common stock		Sale		2,835		34.3124  USD
common stock		Sale		2,423		34.3205  USD
common stock		Sale		2,202		34.3953  USD
common stock		Sale		2,090		34.3021  USD
common stock		Sale		1,750		33.9200  USD
common stock		Sale		1,750		34.2500  USD
common stock		Sale		1,507		34.3336  USD
common stock		Sale		1,338		34.3488  USD
common stock		Sale		1,309		34.3460  USD
common stock		Sale		1,298		34.3263  USD
common stock		Sale		1,297		34.3218  USD
common stock		Sale		1,279		34.3615  USD
common stock		Sale		1,232		34.3048  USD
common stock		Sale		1,177		34.3274  USD
common stock		Sale		1,170		34.3256  USD
common stock		Sale		1,165		34.3667  USD
common stock		Sale		953		34.3509  USD
common stock		Sale		688		34.2550  USD
common stock		Sale		676		34.2595  USD
common stock		Sale		673		34.3356  USD
common stock		Sale		600		34.3516  USD
common stock		Sale		600		34.2200  USD
common stock		Sale		549		34.3508  USD
common stock		Sale		474		34.3708  USD
common stock		Sale		428		34.1032  USD
common stock		Sale		400		34.2250  USD
common stock		Sale		377		34.2772  USD
common stock		Sale		364		34.3052  USD
common stock		Sale		300		34.2233  USD
common stock		Sale		200		34.3450  USD
common stock		Sale		200		34.3250  USD
common stock		Sale		200		34.3100  USD
common stock		Sale		180		34.3522  USD
common stock		Sale		174		34.3530  USD
common stock		Sale		151		34.3680  USD
common stock		Sale		142		34.4223  USD
common stock		Sale		142		34.2300  USD
common stock		Sale		129		34.3000  USD
common stock		Sale		125		34.3606  USD
common stock		Sale		102		34.4400  USD
common stock		Sale		100		34.2600  USD
common stock		Sale		100		34.3900  USD
common stock		Sale		100		34.0000  USD
common stock		Sale		96		34.3875  USD
common stock		Sale		93		34.2700  USD
common stock		Sale		84		34.3330  USD
common stock		Sale		42		34.3879  USD
common stock		Sale		40		34.3712  USD
common stock		Sale		20		34.3500  USD
common stock		Sale		13		34.3734  USD
common stock		Sale		10		34.3950  USD
common stock		Sale		5		34.2800  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		Increasing Long		38,100	34.3406  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	8,400	USD			0.5750  USD
common stock	Call Options	Selling	1,800	USD			0.3000  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:				24 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END