Form 8.3 - INTERNATIONAL PAPER COMPANY

Barclays PLC

13 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:				10 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:			662,048	0.19%	784,500	0.23%
(2)	Cash-settled derivatives:
	and/or controlled:			430,646	0.12%	100,125	0.03%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,092,694	0.31%	884,625	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		154,072		38.5727  USD
common stock		Purchase		89,733		38.4836  USD
common stock		Purchase		78,822		38.5595  USD
common stock		Purchase		64,679		38.7129  USD
common stock		Purchase		49,500		38.3920  USD
common stock		Purchase		39,444		38.5055  USD
common stock		Purchase		35,219		38.6386  USD
common stock		Purchase		34,987		38.5217  USD
common stock		Purchase		28,740		38.4427  USD
common stock		Purchase		28,557		38.5459  USD
common stock		Purchase		25,174		38.7339  USD
common stock		Purchase		21,069		38.4483  USD
common stock		Purchase		19,934		38.4480  USD
common stock		Purchase		18,541		38.4136  USD
common stock		Purchase		15,165		38.3779  USD
common stock		Purchase		14,684		38.3974  USD
common stock		Purchase		14,354		38.6041  USD
common stock		Purchase		12,480		38.3911  USD
common stock		Purchase		11,275		38.7217  USD
common stock		Purchase		11,274		38.3976  USD
common stock		Purchase		9,787		38.3733  USD
common stock		Purchase		8,360		38.3701  USD
common stock		Purchase		6,939		38.3748  USD
common stock		Purchase		5,718		38.3979  USD
common stock		Purchase		4,979		38.3942  USD
common stock		Purchase		4,911		38.5800  USD
common stock		Purchase		4,728		38.3722  USD
common stock		Purchase		4,226		38.6206  USD
common stock		Purchase		3,753		38.3384  USD
common stock		Purchase		2,901		38.4010  USD
common stock		Purchase		2,892		38.3879  USD
common stock		Purchase		2,464		38.4074  USD
common stock		Purchase		2,375		38.4537  USD
common stock		Purchase		2,117		38.3740  USD
common stock		Purchase		2,101		38.3795  USD
common stock		Purchase		2,100		38.3716  USD
common stock		Purchase		2,006		38.4604  USD
common stock		Purchase		1,825		38.3640  USD
common stock		Purchase		1,755		38.3508  USD
common stock		Purchase		1,575		38.3520  USD
common stock		Purchase		1,557		38.4368  USD
common stock		Purchase		820		38.4585  USD
common stock		Purchase		500		36.6200  EUR
common stock		Purchase		300		38.3866  USD
common stock		Purchase		300		38.3400  USD
common stock		Purchase		200		38.4100  USD
common stock		Purchase		200		38.3500  USD
common stock		Purchase		180		38.5522  USD
common stock		Purchase		135		38.3544  USD
common stock		Purchase		102		38.5611  USD
common stock		Purchase		101		38.3600  USD
common stock		Purchase		100		38.3700  USD
common stock		Purchase		100		38.4750  USD
common stock		Purchase		20		39.5100  USD
common stock		Purchase		10		38.3990  USD
common stock		Purchase		5		38.3550  USD
common stock		Purchase		2		38.3200  USD
common stock		Sale		296,959		38.5134  USD
common stock		Sale		50,740		38.3773  USD
common stock		Sale		49,100		38.3904  USD
common stock		Sale		42,011		38.5679  USD
common stock		Sale		34,167		38.6390  USD
common stock		Sale		30,362		38.4455  USD
common stock		Sale		28,193		38.5902  USD
common stock		Sale		26,023		38.5078  USD
common stock		Sale		25,093		38.5454  USD
common stock		Sale		18,744		38.7101  USD
common stock		Sale		17,477		38.7314  USD
common stock		Sale		16,883		38.5664  USD
common stock		Sale		16,048		38.5008  USD
common stock		Sale		14,354		38.6041  USD
common stock		Sale		12,326		38.6068  USD
common stock		Sale		11,275		38.7217  USD
common stock		Sale		11,274		38.3976  USD
common stock		Sale		8,770		38.5800  USD
common stock		Sale		8,377		38.5429  USD
common stock		Sale		8,198		38.7210  USD
common stock		Sale		7,418		38.5990  USD
common stock		Sale		7,353		38.5705  USD
common stock		Sale		6,300		38.6774  USD
common stock		Sale		6,054		38.5321  USD
common stock		Sale		5,593		38.5485  USD
common stock		Sale		5,422		38.6180  USD
common stock		Sale		4,592		38.6954  USD
common stock		Sale		3,434		38.7768  USD
common stock		Sale		3,309		38.6987  USD
common stock		Sale		3,247		38.6143  USD
common stock		Sale		2,805		38.8213  USD
common stock		Sale		2,556		38.5864  USD
common stock		Sale		2,364		38.6174  USD
common stock		Sale		2,179		38.7356  USD
common stock		Sale		2,117		38.5106  USD
common stock		Sale		1,825		38.3640  USD
common stock		Sale		1,786		38.4500  USD
common stock		Sale		1,584		38.5255  USD
common stock		Sale		1,537		38.5172  USD
common stock		Sale		1,466		38.7189  USD
common stock		Sale		1,210		38.6004  USD
common stock		Sale		1,207		38.4938  USD
common stock		Sale		1,082		38.6182  USD
common stock		Sale		1,001		38.6116  USD
common stock		Sale		820		38.4585  USD
common stock		Sale		763		38.4611  USD
common stock		Sale		742		38.6000  USD
common stock		Sale		710		38.7422  USD
common stock		Sale		595		38.5463  USD
common stock		Sale		566		38.6085  USD
common stock		Sale		541		38.6782  USD
common stock		Sale		502		38.8135  USD
common stock		Sale		500		38.6030  USD
common stock		Sale		500		36.6200  EUR
common stock		Sale		500		38.6400  USD
common stock		Sale		500		38.7160  USD
common stock		Sale		480		38.4650  USD
common stock		Sale		400		38.5500  USD
common stock		Sale		349		38.8092  USD
common stock		Sale		316		38.7535  USD
common stock		Sale		300		38.3866  USD
common stock		Sale		251		38.5558  USD
common stock		Sale		247		38.6461  USD
common stock		Sale		220		38.5445  USD
common stock		Sale		200		38.3400  USD
common stock		Sale		136		38.3553  USD
common stock		Sale		135		38.3544  USD
common stock		Sale		102		38.6049  USD
common stock		Sale		100		38.5100  USD
common stock		Sale		100		38.2200  USD
common stock		Sale		100		39.0300  USD
common stock		Sale		85		39.2100  USD
common stock		Sale		62		38.5200  USD
common stock		Sale		30		38.2400  USD
common stock		Sale		10		38.3990  USD
common stock		Sale		10		38.6500  USD
common stock		Sale		4		38.5313  USD
common stock		Sale		4		39.2200  USD
common stock		Sale		4		38.5225  USD
common stock		Sale		2		38.3200  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		9,704	38.5856  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	2,700	USD			0.9000  USD
common stock	Call Options	Selling	2,600	USD			0.3500  USD
common stock	Call Options	Selling	9,600	USD			0.5796  USD
common stock	Call Options	Selling	1,200	USD			0.6416  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:				13 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END