Form 8.3 - International Paper Company

Barclays PLC

23 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  relevant securities this form relates:			INTERNATIONAL PAPER COMPANY
(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 May 2024
(f)	In addition to the company in 1(c) above, is the discloser making  disclosures in respect of any other party to the offer?			YES:  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:				796,818	0.23%	562,429	0.16%
(2) Cash-settled derivatives:				309,148	0.09%	52,065	0.01%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,105,966	0.32%	614,494	0.18%
(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 PERSON MAKING THE DISCLOSURE
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Number of  securities	Price per unit
common stock	Purchase	334,601	41.9545  USD
common stock	Purchase	200,000	34.0000  USD
common stock	Purchase	54,261	41.8962  USD
common stock	Purchase	49,400	41.5395  USD
common stock	Purchase	35,830	41.6260  USD
common stock	Purchase	24,100	32.5000  USD
common stock	Purchase	24,000	35.0000  USD
common stock	Purchase	23,926	42.0444  USD
common stock	Purchase	22,961	41.3472  USD
common stock	Purchase	20,313	42.1000  USD
common stock	Purchase	18,920	41.4634  USD
common stock	Purchase	16,706	41.6779  USD
common stock	Purchase	16,147	41.1997  USD
common stock	Purchase	15,789	41.9453  USD
common stock	Purchase	14,267	41.5490  USD
common stock	Purchase	12,000	37.0000  USD
common stock	Purchase	12,000	39.0000  USD
common stock	Purchase	12,000	40.0000  USD
common stock	Purchase	8,115	41.2865  USD
common stock	Purchase	6,000	38.0000  USD
common stock	Purchase	6,000	30.0000  USD
common stock	Purchase	6,000	33.0000  USD
common stock	Purchase	5,233	41.2439  USD
common stock	Purchase	4,821	41.6971  USD
common stock	Purchase	4,261	41.7466  USD
common stock	Purchase	3,571	41.2555  USD
common stock	Purchase	3,009	41.6084  USD
common stock	Purchase	2,098	41.7275  USD
common stock	Purchase	2,078	41.7004  USD
common stock	Purchase	1,926	41.4179  USD
common stock	Purchase	1,360	41.1825  USD
common stock	Purchase	1,294	41.8454  USD
common stock	Purchase	1,242	41.9651  USD
common stock	Purchase	1,209	41.5394  USD
common stock	Purchase	1,159	41.7905  USD
common stock	Purchase	1,119	41.2428  USD
common stock	Purchase	930	41.5265  USD
common stock	Purchase	900	41.1822  USD
common stock	Purchase	837	41.2676  USD
common stock	Purchase	815	41.9471  USD
common stock	Purchase	724	41.4534  USD
common stock	Purchase	715	41.7505  USD
common stock	Purchase	711	41.2282  USD
common stock	Purchase	638	41.7191  USD
common stock	Purchase	600	41.8500  USD
common stock	Purchase	340	41.5722  USD
common stock	Purchase	310	41.7532  USD
common stock	Purchase	302	41.8999  USD
common stock	Purchase	300	41.2466  USD
common stock	Purchase	300	41.2400  USD
common stock	Purchase	300	41.2350  USD
common stock	Purchase	200	42.0050  USD
common stock	Purchase	200	41.7850  USD
common stock	Purchase	200	41.6600  USD
common stock	Purchase	200	42.0150  USD
common stock	Purchase	200	41.6750  USD
common stock	Purchase	199	41.9100  USD
common stock	Purchase	176	41.9890  USD
common stock	Purchase	150	41.8033  USD
common stock	Purchase	126	41.7756  USD
common stock	Purchase	112	41.3310  USD
common stock	Purchase	106	41.5479  USD
common stock	Purchase	102	41.1700  USD
common stock	Purchase	100	41.2500  USD
common stock	Purchase	100	41.1600  USD
common stock	Purchase	100	42.0850  USD
common stock	Purchase	100	42.0550  USD
common stock	Purchase	83	41.9628  USD
common stock	Purchase	79	41.7525  USD
common stock	Purchase	76	42.0450  USD
common stock	Purchase	69	42.1100  USD
common stock	Purchase	57	42.0900  USD
common stock	Purchase	37	41.4202  USD
common stock	Purchase	27	41.6475  USD
common stock	Sale	193,658	42.0485  USD
common stock	Sale	61,686	41.8169  USD
common stock	Sale	49,400	41.5395  USD
common stock	Sale	47,271	41.8375  USD
common stock	Sale	43,965	41.7668  USD
common stock	Sale	36,336	41.4395  USD
common stock	Sale	22,248	42.0851  USD
common stock	Sale	21,302	41.5864  USD
common stock	Sale	18,280	41.8314  USD
common stock	Sale	17,015	41.7354  USD
common stock	Sale	16,147	41.1997  USD
common stock	Sale	15,736	41.8854  USD
common stock	Sale	14,200	41.8069  USD
common stock	Sale	13,201	42.1000  USD
common stock	Sale	11,903	41.6059  USD
common stock	Sale	9,217	41.9060  USD
common stock	Sale	9,088	41.1457  USD
common stock	Sale	8,115	41.2865  USD
common stock	Sale	5,829	41.9128  USD
common stock	Sale	4,295	41.4670  USD
common stock	Sale	3,744	41.9685  USD
common stock	Sale	3,742	41.5901  USD
common stock	Sale	3,321	41.5749  USD
common stock	Sale	3,153	41.8793  USD
common stock	Sale	2,806	41.8838  USD
common stock	Sale	2,726	42.0617  USD
common stock	Sale	2,647	41.9687  USD
common stock	Sale	1,996	41.9518  USD
common stock	Sale	1,990	41.7902  USD
common stock	Sale	1,959	41.8961  USD
common stock	Sale	1,817	41.8909  USD
common stock	Sale	1,797	41.7491  USD
common stock	Sale	1,700	41.2567  USD
common stock	Sale	1,572	41.8093  USD
common stock	Sale	1,375	41.7133  USD
common stock	Sale	1,274	41.5458  USD
common stock	Sale	1,242	41.9651  USD
common stock	Sale	1,200	41.5950  USD
common stock	Sale	1,159	41.7905  USD
common stock	Sale	963	42.0122  USD
common stock	Sale	839	41.5212  USD
common stock	Sale	815	41.9471  USD
common stock	Sale	762	41.7359  USD
common stock	Sale	614	41.6316  USD
common stock	Sale	600	41.9750  USD
common stock	Sale	495	41.9989  USD
common stock	Sale	317	41.9810  USD
common stock	Sale	302	41.8999  USD
common stock	Sale	301	41.5438  USD
common stock	Sale	264	42.0240  USD
common stock	Sale	210	41.6233  USD
common stock	Sale	176	41.9890  USD
common stock	Sale	126	41.7756  USD
common stock	Sale	106	41.5479  USD
common stock	Sale	100	41.5800  USD
common stock	Sale	100	41.8400  USD
common stock	Sale	100	42.0550  USD
common stock	Sale	100	41.9700  USD
common stock	Sale	99	42.0559  USD
common stock	Sale	91	41.5757  USD
common stock	Sale	78	41.7200  USD
common stock	Sale	66	42.0100  USD
common stock	Sale	37	41.8900  USD
common stock	Sale	27	41.6475  USD
common stock	Sale	6	41.2816  USD
common stock	Sale	6	42.0900  USD
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
common stock	Call Options	Purchasing	12,000	TBD	TBD	24-May-24	7.7000  USD
common stock	Call Options	Selling	130,000	TBD	TBD	21-Jun-24	1.1600  USD
common stock	Call Options	Purchasing	24,000	TBD	TBD	21-Jun-24	10.1000  USD
common stock	Call Options	Purchasing	12,000	TBD	TBD	24-May-24	5.8000  USD
common stock	Call Options	Purchasing	200,000	34.0000  USD	American	21-Jun-24	7.5100  USD
common stock	Call Options	Selling	200,000	TBD	TBD	21-Jun-24	6.5000  USD
common stock	Call Options	Purchasing	6,000	TBD	TBD	21-Jun-24	12.2000  USD
common stock	Call Options	Selling	102,000	TBD	TBD	31-May-24	6.4000  USD
common stock	Call Options	Purchasing	12,000	TBD	TBD	24-May-24	2.4000  USD
common stock	Call Options	Purchasing	12,000	TBD	TBD	24-May-24	2.9000  USD
common stock	Call Options	Purchasing	6,000	TBD	TBD	07-Jun-24	6.6000  USD
common stock	Call Options	Purchasing	6,000	TBD	TBD	31-May-24	6.6000  USD
common stock	Call Options	Purchasing	6,000	TBD	TBD	31-May-24	9.7000  USD
common stock	Call Options	Purchasing	6,000	TBD	TBD	24-May-24	4.7000  USD
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for  new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  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 person 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 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END