Form 8.3 - INTERNATIONAL PAPER COMPANY

Barclays PLC

18 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:				17 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:			809,125	0.23%	418,142	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:			909,487	0.26%	442,842	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		222,500		45.8077  USD
common stock		Purchase		64,589		45.6753  USD
common stock		Purchase		62,335		45.7703  USD
common stock		Purchase		56,461		45.6902  USD
common stock		Purchase		38,023		45.9600  USD
common stock		Purchase		30,191		45.7500  USD
common stock		Purchase		29,807		45.5868  USD
common stock		Purchase		20,757		45.7587  USD
common stock		Purchase		13,391		45.8821  USD
common stock		Purchase		11,473		45.7650  USD
common stock		Purchase		8,111		45.6706  USD
common stock		Purchase		5,490		45.7210  USD
common stock		Purchase		5,023		45.7977  USD
common stock		Purchase		4,638		45.7816  USD
common stock		Purchase		4,616		45.8658  USD
common stock		Purchase		4,071		45.5708  USD
common stock		Purchase		3,965		45.7830  USD
common stock		Purchase		2,552		45.7344  USD
common stock		Purchase		2,122		45.6371  USD
common stock		Purchase		1,811		45.8622  USD
common stock		Purchase		1,651		45.7463  USD
common stock		Purchase		1,315		45.7415  USD
common stock		Purchase		1,120		45.5174  USD
common stock		Purchase		1,022		45.7613  USD
common stock		Purchase		814		45.6201  USD
common stock		Purchase		810		45.4887  USD
common stock		Purchase		663		45.5990  USD
common stock		Purchase		572		45.9888  USD
common stock		Purchase		503		45.9790  USD
common stock		Purchase		452		45.8361  USD
common stock		Purchase		434		45.8036  USD
common stock		Purchase		400		45.3200  USD
common stock		Purchase		283		45.8318  USD
common stock		Purchase		240		45.6638  USD
common stock		Purchase		240		45.9333  USD
common stock		Purchase		200		45.9500  USD
common stock		Purchase		200		45.6700  USD
common stock		Purchase		200		45.8400  USD
common stock		Purchase		169		45.6404  USD
common stock		Purchase		126		45.6644  USD
common stock		Purchase		100		45.4100  USD
common stock		Purchase		100		45.9400  USD
common stock		Purchase		100		45.9900  USD
common stock		Purchase		94		45.8650  USD
common stock		Purchase		35		45.6200  USD
common stock		Purchase		16		45.7787  USD
common stock		Sale		137,000		45.7749  USD
common stock		Sale		76,785		45.8937  USD
common stock		Sale		71,374		45.6577  USD
common stock		Sale		68,602		45.8090  USD
common stock		Sale		46,619		45.7784  USD
common stock		Sale		31,010		45.8059  USD
common stock		Sale		20,163		45.9013  USD
common stock		Sale		16,869		45.8577  USD
common stock		Sale		15,911		45.7454  USD
common stock		Sale		15,344		45.5710  USD
common stock		Sale		14,200		45.2624  USD
common stock		Sale		10,384		45.7500  USD
common stock		Sale		6,851		45.9210  USD
common stock		Sale		6,467		45.6272  USD
common stock		Sale		6,166		45.6962  USD
common stock		Sale		5,490		45.7210  USD
common stock		Sale		5,023		45.7977  USD
common stock		Sale		4,022		45.7465  USD
common stock		Sale		3,003		45.7998  USD
common stock		Sale		2,357		45.7396  USD
common stock		Sale		2,122		45.5074  USD
common stock		Sale		1,637		45.7781  USD
common stock		Sale		1,613		45.9886  USD
common stock		Sale		1,529		45.8893  USD
common stock		Sale		1,521		45.8969  USD
common stock		Sale		1,256		45.9541  USD
common stock		Sale		1,120		45.5174  USD
common stock		Sale		997		45.7754  USD
common stock		Sale		936		45.8351  USD
common stock		Sale		663		45.5990  USD
common stock		Sale		504		45.8964  USD
common stock		Sale		447		45.8745  USD
common stock		Sale		398		45.6703  USD
common stock		Sale		324		45.6046  USD
common stock		Sale		321		45.6201  USD
common stock		Sale		312		45.7682  USD
common stock		Sale		294		45.9146  USD
common stock		Sale		257		45.7631  USD
common stock		Sale		229		45.4050  USD
common stock		Sale		200		45.4100  USD
common stock		Sale		200		45.6050  USD
common stock		Sale		100		45.6000  USD
common stock		Sale		100		45.6700  USD
common stock		Sale		100		45.9300  USD
common stock		Sale		98		45.7683  USD
common stock		Sale		94		45.8650  USD
common stock		Sale		38		45.8892  USD
common stock		Sale		35		45.6200  USD
common stock		Sale		34		45.5625  USD
common stock		Sale		25		45.2000  USD
common stock		Sale		17		45.9500  USD
common stock		Sale		4		45.5600  USD
common stock		Sale		3		45.7800  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
(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:				18 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 COMPANY
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