Form 8.3 - INTERNATIONAL PAPER COMPANY

Barclays PLC
11 June 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 Jun 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:

 

 

858,393

0.25%

422,450

0.12%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

129,925

0.04%

40,050

0.01%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

988,318

0.28%

462,500

0.13%

(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

113,738

44.7714  USD

common stock

Purchase

102,818

44.8049  USD

common stock

Purchase

62,961

44.6651  USD

common stock

Purchase

53,238

44.7946  USD

common stock

Purchase

52,957

44.7225  USD

common stock

Purchase

42,655

44.7025  USD

common stock

Purchase

28,755

44.5423  USD

common stock

Purchase

26,366

44.8299  USD

common stock

Purchase

19,275

44.6797  USD

common stock

Purchase

18,697

44.7900  USD

common stock

Purchase

11,115

44.6849  USD

common stock

Purchase

10,310

44.6654  USD

common stock

Purchase

9,676

44.6776  USD

common stock

Purchase

7,223

44.4627  USD

common stock

Purchase

5,169

44.7622  USD

common stock

Purchase

3,862

44.7232  USD

common stock

Purchase

3,404

44.5927  USD

common stock

Purchase

2,460

44.6615  USD

common stock

Purchase

2,200

44.4279  USD

common stock

Purchase

1,674

44.7331  USD

common stock

Purchase

1,608

44.7092  USD

common stock

Purchase

1,347

45.2496  USD

common stock

Purchase

844

44.4624  USD

common stock

Purchase

843

44.8535  USD

common stock

Purchase

843

44.7397  USD

common stock

Purchase

800

44.6325  USD

common stock

Purchase

650

44.7075  USD

common stock

Purchase

285

44.6875  USD

common stock

Purchase

271

44.8300  USD

common stock

Purchase

239

44.8665  USD

common stock

Purchase

208

44.4903  USD

common stock

Purchase

204

44.4931  USD

common stock

Purchase

196

42.1500  EUR

common stock

Purchase

101

44.6700  USD

common stock

Purchase

96

44.8093  USD

common stock

Purchase

60

44.5933  USD

common stock

Purchase

16

44.8100  USD

common stock

Purchase

5

44.7940  USD

common stock

Purchase

4

45.4000  USD

common stock

Purchase

1

44.8150  USD

common stock

Sale

196,350

44.7040  USD

common stock

Sale

61,723

44.8079  USD

common stock

Sale

59,549

44.8184  USD

common stock

Sale

47,423

44.7900  USD

common stock

Sale

39,300

44.6479  USD

common stock

Sale

36,806

44.6530  USD

common stock

Sale

34,539

44.7831  USD

common stock

Sale

22,680

44.7094  USD

common stock

Sale

12,458

44.7099  USD

common stock

Sale

11,536

44.7783  USD

common stock

Sale

9,246

44.7088  USD

common stock

Sale

6,605

44.9571  USD

common stock

Sale

6,118

44.6930  USD

common stock

Sale

4,244

44.8364  USD

common stock

Sale

3,920

44.7635  USD

common stock

Sale

3,200

44.6096  USD

common stock

Sale

3,181

44.7773  USD

common stock

Sale

3,020

44.7320  USD

common stock

Sale

2,460

44.6615  USD

common stock

Sale

2,065

44.6958  USD

common stock

Sale

1,714

44.8608  USD

common stock

Sale

1,544

44.6195  USD

common stock

Sale

1,478

44.7401  USD

common stock

Sale

1,256

44.7854  USD

common stock

Sale

1,173

44.8227  USD

common stock

Sale

1,083

44.7492  USD

common stock

Sale

871

44.8053  USD

common stock

Sale

700

44.8454  USD

common stock

Sale

673

44.8151  USD

common stock

Sale

668

44.5942  USD

common stock

Sale

595

44.7952  USD

common stock

Sale

543

44.8721  USD

common stock

Sale

350

44.5914  USD

common stock

Sale

297

44.6707  USD

common stock

Sale

290

44.6036  USD

common stock

Sale

271

44.8300  USD

common stock

Sale

250

44.6320  USD

common stock

Sale

250

44.5660  USD

common stock

Sale

245

44.8881  USD

common stock

Sale

239

44.8665  USD

common stock

Sale

207

44.9340  USD

common stock

Sale

199

44.7799  USD

common stock

Sale

196

42.1500  EUR

common stock

Sale

164

44.8208  USD

common stock

Sale

120

44.5958  USD

common stock

Sale

103

44.6712  USD

common stock

Sale

100

44.5600  USD

common stock

Sale

100

44.9000  USD

common stock

Sale

65

44.5300  USD

common stock

Sale

60

44.5933  USD

common stock

Sale

16

44.8100  USD

common stock

Sale

11

44.7800  USD

common stock

Sale

2

44.8150  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

13,400

  USD

TBD

TBD

0.7000  USD

common stock

Call Options

Selling

4,900

  USD

TBD

TBD

0.3644  USD

common stock

Call Options

Selling

1,000

  USD

TBD

TBD

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:

11 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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