Form 8.3 - International Paper Company

Barclays PLC
09 May 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:

08 May 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:

 

 

647,700

0.19%

784,004

0.23%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

464,647

0.13%

100,125

0.03%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

1,112,347

0.32%

884,129

0.25%

(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

340,451

39.1521  USD

common stock

Purchase

92,847

39.0718  USD

common stock

Purchase

41,932

38.9033  USD

common stock

Purchase

28,789

38.6611  USD

common stock

Purchase

19,800

38.8054  USD

common stock

Purchase

17,439

38.9042  USD

common stock

Purchase

16,884

39.1096  USD

common stock

Purchase

16,471

38.9949  USD

common stock

Purchase

13,162

38.9731  USD

common stock

Purchase

12,524

38.9603  USD

common stock

Purchase

12,331

39.2800  USD

common stock

Purchase

7,814

38.9454  USD

common stock

Purchase

7,102

39.2590  USD

common stock

Purchase

6,012

38.8150  USD

common stock

Purchase

5,726

38.8253  USD

common stock

Purchase

5,071

39.0371  USD

common stock

Purchase

4,694

39.0154  USD

common stock

Purchase

3,895

39.0450  USD

common stock

Purchase

3,380

38.9339  USD

common stock

Purchase

3,193

39.2268  USD

common stock

Purchase

3,092

38.8219  USD

common stock

Purchase

2,829

38.8234  USD

common stock

Purchase

2,640

39.2155  USD

common stock

Purchase

2,599

38.7717  USD

common stock

Purchase

2,303

39.0603  USD

common stock

Purchase

1,719

38.7817  USD

common stock

Purchase

1,266

39.0994  USD

common stock

Purchase

1,024

39.1285  USD

common stock

Purchase

919

38.8351  USD

common stock

Purchase

760

38.8958  USD

common stock

Purchase

751

38.9407  USD

common stock

Purchase

519

39.2678  USD

common stock

Purchase

490

39.1036  USD

common stock

Purchase

412

38.7953  USD

common stock

Purchase

340

38.7750  USD

common stock

Purchase

315

39.0049  USD

common stock

Purchase

290

39.2362  USD

common stock

Purchase

274

39.1975  USD

common stock

Purchase

239

38.9941  USD

common stock

Purchase

200

38.8100  USD

common stock

Purchase

200

38.4200  USD

common stock

Purchase

200

39.1900  USD

common stock

Purchase

156

38.9800  USD

common stock

Purchase

137

38.9770  USD

common stock

Purchase

115

38.9560  USD

common stock

Purchase

112

38.7507  USD

common stock

Purchase

100

38.7200  USD

common stock

Purchase

100

38.7475  USD

common stock

Purchase

100

39.3200  USD

common stock

Purchase

96

35.3784  EUR

common stock

Purchase

78

38.7408  USD

common stock

Purchase

60

39.2100  USD

common stock

Purchase

34

38.7508  USD

common stock

Purchase

24

38.2867  USD

common stock

Purchase

20

38.6400  USD

common stock

Purchase

16

38.7700  USD

common stock

Purchase

11

38.9700  USD

common stock

Sale

213,451

39.2200  USD

common stock

Sale

159,706

39.0054  USD

common stock

Sale

77,771

39.0539  USD

common stock

Sale

33,789

38.7526  USD

common stock

Sale

22,827

39.1792  USD

common stock

Sale

21,601

38.4556  USD

common stock

Sale

19,800

38.8054  USD

common stock

Sale

18,369

39.2800  USD

common stock

Sale

17,595

39.0250  USD

common stock

Sale

15,502

38.7901  USD

common stock

Sale

14,119

38.9908  USD

common stock

Sale

13,396

39.2354  USD

common stock

Sale

12,679

38.9800  USD

common stock

Sale

11,645

38.9607  USD

common stock

Sale

8,206

39.0183  USD

common stock

Sale

7,623

39.2461  USD

common stock

Sale

7,287

38.7324  USD

common stock

Sale

6,547

38.9820  USD

common stock

Sale

6,524

38.7807  USD

common stock

Sale

6,017

38.9133  USD

common stock

Sale

2,800

38.6420  USD

common stock

Sale

2,604

39.1826  USD

common stock

Sale

2,115

39.0556  USD

common stock

Sale

1,707

39.0595  USD

common stock

Sale

1,443

38.4932  USD

common stock

Sale

1,052

38.8483  USD

common stock

Sale

1,041

38.8657  USD

common stock

Sale

722

38.8808  USD

common stock

Sale

680

38.7750  USD

common stock

Sale

639

38.7646  USD

common stock

Sale

615

39.0098  USD

common stock

Sale

597

39.0510  USD

common stock

Sale

519

39.2678  USD

common stock

Sale

412

38.7953  USD

common stock

Sale

405

38.7574  USD

common stock

Sale

315

39.0049  USD

common stock

Sale

290

38.8479  USD

common stock

Sale

274

39.1975  USD

common stock

Sale

239

38.9941  USD

common stock

Sale

230

38.7860  USD

common stock

Sale

200

38.8100  USD

common stock

Sale

200

38.8550  USD

common stock

Sale

100

38.7475  USD

common stock

Sale

100

38.9100  USD

common stock

Sale

96

35.3784  EUR

common stock

Sale

70

39.2313  USD

common stock

Sale

60

39.2100  USD

common stock

Sale

42

38.8066  USD

common stock

Sale

38

39.1800  USD

common stock

Sale

20

38.6400  USD

common stock

Sale

9

38.3100  USD

common stock

Sale

7

39.3000  USD

common stock

Sale

4

38.5200  USD

common stock

Sale

3

38.8300  USD

common stock

Sale

3

38.3500  USD

common stock

Sale

1

38.2600  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

90,000

  USD

 

 

0.5500  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:

09 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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