Form 8.3 - INTERNATIONAL PAPER COMPANY

Barclays PLC

19 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:				18 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:			811,879	0.23%	415,740	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:			912,241	0.26%	440,440	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		63,163		45.9093  USD
common stock		Purchase		27,665		45.8620  USD
common stock		Purchase		27,633		45.8651  USD
common stock		Purchase		24,852		45.8640  USD
common stock		Purchase		23,484		45.8583  USD
common stock		Purchase		16,725		45.8700  USD
common stock		Purchase		8,679		45.8836  USD
common stock		Purchase		8,188		45.8691  USD
common stock		Purchase		7,269		45.8434  USD
common stock		Purchase		6,548		45.7758  USD
common stock		Purchase		4,289		45.8232  USD
common stock		Purchase		3,343		45.7959  USD
common stock		Purchase		3,112		45.8621  USD
common stock		Purchase		3,027		45.8081  USD
common stock		Purchase		2,806		45.8475  USD
common stock		Purchase		2,785		45.8521  USD
common stock		Purchase		2,737		45.8614  USD
common stock		Purchase		2,390		45.7435  USD
common stock		Purchase		2,128		45.7436  USD
common stock		Purchase		1,531		45.7847  USD
common stock		Purchase		1,460		45.9006  USD
common stock		Purchase		1,290		45.8590  USD
common stock		Purchase		1,257		45.9536  USD
common stock		Purchase		1,180		45.8548  USD
common stock		Purchase		1,085		45.7981  USD
common stock		Purchase		900		45.8611  USD
common stock		Purchase		500		45.8380  USD
common stock		Purchase		329		45.7516  USD
common stock		Purchase		327		45.8711  USD
common stock		Purchase		300		45.8200  USD
common stock		Purchase		208		45.8857  USD
common stock		Purchase		125		45.8800  USD
common stock		Purchase		100		45.8100  USD
common stock		Purchase		100		45.8600  USD
common stock		Purchase		100		45.9600  USD
common stock		Purchase		100		46.0300  USD
common stock		Purchase		96		45.8695  USD
common stock		Purchase		96		45.8694  USD
common stock		Purchase		42		45.8444  USD
common stock		Purchase		30		45.6150  USD
common stock		Purchase		30		45.8900  USD
common stock		Purchase		13		45.9861  USD
common stock		Purchase		10		45.7100  USD
common stock		Purchase		1		45.8250  USD
common stock		Sale		34,451		45.8366  USD
common stock		Sale		27,240		45.8282  USD
common stock		Sale		26,325		45.8969  USD
common stock		Sale		22,757		45.8599  USD
common stock		Sale		20,520		45.9066  USD
common stock		Sale		18,307		45.8704  USD
common stock		Sale		14,112		45.8700  USD
common stock		Sale		11,125		45.8530  USD
common stock		Sale		9,753		45.9146  USD
common stock		Sale		8,188		45.8691  USD
common stock		Sale		5,416		45.8490  USD
common stock		Sale		4,948		45.9509  USD
common stock		Sale		4,852		45.8641  USD
common stock		Sale		4,740		45.8948  USD
common stock		Sale		3,377		45.8990  USD
common stock		Sale		3,112		45.8621  USD
common stock		Sale		2,855		45.7953  USD
common stock		Sale		2,788		45.8307  USD
common stock		Sale		2,460		45.8462  USD
common stock		Sale		2,272		45.8693  USD
common stock		Sale		2,039		45.7659  USD
common stock		Sale		1,464		45.8963  USD
common stock		Sale		1,460		45.9006  USD
common stock		Sale		1,458		45.8248  USD
common stock		Sale		1,431		45.9595  USD
common stock		Sale		1,180		45.8548  USD
common stock		Sale		1,105		45.9717  USD
common stock		Sale		1,055		45.8842  USD
common stock		Sale		958		45.9310  USD
common stock		Sale		909		45.8565  USD
common stock		Sale		800		45.8650  USD
common stock		Sale		720		45.8893  USD
common stock		Sale		517		46.1062  USD
common stock		Sale		376		45.9300  USD
common stock		Sale		212		45.8464  USD
common stock		Sale		208		45.8857  USD
common stock		Sale		152		45.8220  USD
common stock		Sale		151		45.7691  USD
common stock		Sale		136		45.8537  USD
common stock		Sale		100		45.8600  USD
common stock		Sale		100		46.1300  USD
common stock		Sale		100		45.8300  USD
common stock		Sale		96		45.8694  USD
common stock		Sale		95		45.8500  USD
common stock		Sale		91		45.6400  USD
common stock		Sale		80		45.9347  USD
common stock		Sale		60		45.6150  USD
common stock		Sale		51		45.8033  USD
common stock		Sale		35		45.8614  USD
common stock		Sale		31		45.8027  USD
common stock		Sale		25		45.8020  USD
common stock		Sale		20		45.9400  USD
common stock		Sale		10		45.7000  USD
common stock		Sale		10		45.7100  USD
common stock		Sale		9		45.7500  USD
common stock		Sale		5		45.8000  USD
common stock		Sale		5		46.1400  USD
common stock		Sale		1		45.8250  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:				19 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