Form 8.3 - INTERNATIONAL PAPER COMPANY

Barclays PLC

17 July 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:				16 Jul 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:			787,182	0.23%	419,178	0.12%
(2)	Cash-settled derivatives:
	and/or controlled:			76,162	0.02%	0	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			24,200	0.01%	24,700	0.01%
	TOTAL:			887,544	0.26%	443,878	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		128,081		45.3500  USD
common stock		Purchase		103,256		45.3521  USD
common stock		Purchase		87,794		45.3794  USD
common stock		Purchase		76,705		45.2030  USD
common stock		Purchase		46,746		45.2883  USD
common stock		Purchase		42,019		45.2670  USD
common stock		Purchase		36,350		45.1479  USD
common stock		Purchase		35,494		45.5100  USD
common stock		Purchase		34,165		45.3373  USD
common stock		Purchase		24,118		45.3136  USD
common stock		Purchase		22,869		45.3997  USD
common stock		Purchase		17,296		44.9022  USD
common stock		Purchase		16,865		45.1266  USD
common stock		Purchase		14,763		45.5063  USD
common stock		Purchase		11,053		45.2067  USD
common stock		Purchase		10,514		45.2351  USD
common stock		Purchase		9,283		45.3662  USD
common stock		Purchase		8,378		45.3246  USD
common stock		Purchase		7,711		45.2391  USD
common stock		Purchase		5,608		45.3417  USD
common stock		Purchase		4,900		45.5300  USD
common stock		Purchase		4,815		45.1492  USD
common stock		Purchase		4,675		45.2749  USD
common stock		Purchase		3,905		45.2456  USD
common stock		Purchase		3,685		45.1331  USD
common stock		Purchase		3,403		45.1453  USD
common stock		Purchase		3,292		45.3559  USD
common stock		Purchase		3,271		45.4978  USD
common stock		Purchase		2,986		45.2440  USD
common stock		Purchase		2,650		45.1532  USD
common stock		Purchase		2,442		44.7652  USD
common stock		Purchase		2,407		45.3194  USD
common stock		Purchase		2,122		45.3841  USD
common stock		Purchase		2,094		45.1519  USD
common stock		Purchase		1,391		45.3608  USD
common stock		Purchase		1,371		45.1642  USD
common stock		Purchase		1,265		45.3700  USD
common stock		Purchase		1,137		45.1089  USD
common stock		Purchase		1,009		45.2569  USD
common stock		Purchase		996		45.1495  USD
common stock		Purchase		738		45.3425  USD
common stock		Purchase		673		44.3621  USD
common stock		Purchase		626		45.2500  USD
common stock		Purchase		515		44.9762  USD
common stock		Purchase		426		45.1525  USD
common stock		Purchase		408		45.4360  USD
common stock		Purchase		400		45.2837  USD
common stock		Purchase		303		45.4505  USD
common stock		Purchase		269		45.3699  USD
common stock		Purchase		219		44.7442  USD
common stock		Purchase		211		45.1505  USD
common stock		Purchase		143		41.0907  EUR
common stock		Purchase		100		45.3300  USD
common stock		Purchase		100		45.1400  USD
common stock		Purchase		100		45.4700  USD
common stock		Purchase		100		43.6750  USD
common stock		Purchase		100		45.4600  USD
common stock		Purchase		98		45.0800  USD
common stock		Purchase		78		43.7438  USD
common stock		Purchase		2		45.4500  USD
common stock		Purchase		2		44.8500  USD
common stock		Purchase		2		45.1500  USD
common stock		Sale		161,012		45.3067  USD
common stock		Sale		128,081		45.3500  USD
common stock		Sale		105,228		45.4266  USD
common stock		Sale		51,696		45.5100  USD
common stock		Sale		48,939		45.2434  USD
common stock		Sale		44,547		45.2114  USD
common stock		Sale		44,446		45.1291  USD
common stock		Sale		33,158		45.2356  USD
common stock		Sale		33,113		45.1476  USD
common stock		Sale		25,243		45.3468  USD
common stock		Sale		21,403		45.2181  USD
common stock		Sale		16,298		45.2695  USD
common stock		Sale		11,277		45.2898  USD
common stock		Sale		11,228		45.2660  USD
common stock		Sale		10,872		45.5079  USD
common stock		Sale		7,648		45.1530  USD
common stock		Sale		6,915		45.2124  USD
common stock		Sale		5,000		45.5300  USD
common stock		Sale		4,957		45.4124  USD
common stock		Sale		3,271		45.4978  USD
common stock		Sale		2,670		44.9990  USD
common stock		Sale		2,530		45.3700  USD
common stock		Sale		2,486		44.9004  USD
common stock		Sale		2,122		45.3841  USD
common stock		Sale		1,721		45.0459  USD
common stock		Sale		1,166		45.3100  USD
common stock		Sale		1,126		45.1174  USD
common stock		Sale		983		45.2619  USD
common stock		Sale		933		45.1471  USD
common stock		Sale		785		45.0902  USD
common stock		Sale		744		45.2143  USD
common stock		Sale		696		45.2269  USD
common stock		Sale		638		45.1526  USD
common stock		Sale		628		44.7656  USD
common stock		Sale		436		44.9436  USD
common stock		Sale		435		44.9191  USD
common stock		Sale		400		44.9025  USD
common stock		Sale		400		45.2675  USD
common stock		Sale		362		45.3936  USD
common stock		Sale		302		44.6010  USD
common stock		Sale		302		45.4800  USD
common stock		Sale		219		44.7442  USD
common stock		Sale		182		44.2970  USD
common stock		Sale		143		41.0907  EUR
common stock		Sale		111		44.3661  USD
common stock		Sale		104		45.5396  USD
common stock		Sale		100		45.5325  USD
common stock		Sale		59		44.5986  USD
common stock		Sale		36		45.2480  USD
common stock		Sale		27		45.1322  USD
common stock		Sale		26		44.1396  USD
common stock		Sale		11		44.2400  USD
common stock		Sale		10		43.7560  USD
common stock		Sale		6		44.9800  USD
common stock		Sale		3		44.1400  USD
common stock		Sale		2		44.8500  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	Put Options	Selling	24,200	43.0000  USD	American	19 Jul 2024	0.0500  USD
common stock	Put Options	Purchasing	24,700	43.0000  USD	American	16 Aug 2024	0.7500  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?				YES
Date of disclosure:				17 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213
DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO
PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the "Code")
1.				KEY INFORMATION
Identity of the person whose positions/dealings				Barclays PLC.
are being disclosed:
Name of offeror/offeree in relation to whose				INTERNATIONAL PAPER CO
relevant securities this from relates:
2.				OPTIONS AND DERIVATIVES
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
common stock	Put Options	Purchased	-24,700	43.0000	American	16 Aug 2024
common stock	Put Options	Written	24,200	43.0000	American	19 Jul 2024
3.				AGREEMENTS TO PURCHASE OR SELL ETC.
Full details should be given so that the nature of the interest or position can be fully understood:

 

END