Form 8.3 - International Paper Company

Barclays PLC

23 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  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 Jul 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:				827,699	0.24%	410,061	0.12%
(2) Cash-settled derivatives:				76,162	0.02%	0	0.00%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	24,700	0.01%
TOTAL:				903,861	0.26%	434,761	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 PERSON MAKING THE DISCLOSURE
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Number of  securities	Price per unit
common stock	Purchase	113,850	46.4180  USD
common stock	Purchase	66,586	46.4211  USD
common stock	Purchase	35,946	46.3893  USD
common stock	Purchase	34,241	46.3958  USD
common stock	Purchase	32,701	46.3081  USD
common stock	Purchase	26,122	46.4697  USD
common stock	Purchase	23,615	46.2645  USD
common stock	Purchase	14,965	46.2914  USD
common stock	Purchase	13,379	46.5708  USD
common stock	Purchase	12,850	46.4527  USD
common stock	Purchase	10,901	46.4389  USD
common stock	Purchase	10,595	46.4882  USD
common stock	Purchase	7,581	46.4900  USD
common stock	Purchase	5,428	46.2698  USD
common stock	Purchase	4,780	46.1972  USD
common stock	Purchase	4,739	46.4456  USD
common stock	Purchase	4,500	46.3870  USD
common stock	Purchase	4,209	46.4525  USD
common stock	Purchase	3,378	46.4383  USD
common stock	Purchase	2,566	46.4364  USD
common stock	Purchase	2,473	46.4392  USD
common stock	Purchase	2,447	46.4776  USD
common stock	Purchase	2,000	46.5907  USD
common stock	Purchase	1,712	46.6275  USD
common stock	Purchase	1,563	46.1492  USD
common stock	Purchase	1,100	46.4000  USD
common stock	Purchase	962	46.3478  USD
common stock	Purchase	728	46.4347  USD
common stock	Purchase	696	46.3308  USD
common stock	Purchase	535	46.3695  USD
common stock	Purchase	399	46.4306  USD
common stock	Purchase	374	46.3407  USD
common stock	Purchase	351	46.2784  USD
common stock	Purchase	260	46.1050  USD
common stock	Purchase	222	46.1085  USD
common stock	Purchase	203	42.6386  EUR
common stock	Purchase	193	46.4841  USD
common stock	Purchase	193	45.8419  USD
common stock	Purchase	157	46.4266  USD
common stock	Purchase	150	46.1900  USD
common stock	Purchase	117	46.4700  USD
common stock	Purchase	104	46.0965  USD
common stock	Purchase	100	46.0000  USD
common stock	Purchase	100	46.0100  USD
common stock	Purchase	100	46.2000  USD
common stock	Purchase	73	42.0900  EUR
common stock	Purchase	60	46.3608  USD
common stock	Purchase	31	45.9200  USD
common stock	Purchase	19	45.8350  USD
common stock	Purchase	15	46.1853  USD
common stock	Purchase	5	46.1160  USD
common stock	Purchase	1	46.2200  USD
common stock	Sale	82,976	46.3834  USD
common stock	Sale	76,758	46.4414  USD
common stock	Sale	39,284	46.4540  USD
common stock	Sale	33,272	46.3303  USD
common stock	Sale	32,701	46.3081  USD
common stock	Sale	25,634	46.3542  USD
common stock	Sale	21,534	46.4652  USD
common stock	Sale	14,141	46.4023  USD
common stock	Sale	12,850	46.4527  USD
common stock	Sale	11,285	46.2488  USD
common stock	Sale	9,949	46.4747  USD
common stock	Sale	9,605	46.4625  USD
common stock	Sale	7,972	46.3491  USD
common stock	Sale	5,165	46.4184  USD
common stock	Sale	4,952	46.3602  USD
common stock	Sale	4,500	46.3871  USD
common stock	Sale	4,500	46.3870  USD
common stock	Sale	3,531	46.5150  USD
common stock	Sale	3,415	46.3210  USD
common stock	Sale	3,400	46.2926  USD
common stock	Sale	3,000	46.4701  USD
common stock	Sale	2,447	46.4776  USD
common stock	Sale	2,200	46.5020  USD
common stock	Sale	2,000	46.5907  USD
common stock	Sale	1,823	46.2026  USD
common stock	Sale	1,741	46.4900  USD
common stock	Sale	1,712	46.6275  USD
common stock	Sale	1,500	46.4546  USD
common stock	Sale	1,200	46.4000  USD
common stock	Sale	1,095	46.3826  USD
common stock	Sale	952	46.2168  USD
common stock	Sale	856	46.3952  USD
common stock	Sale	735	46.3424  USD
common stock	Sale	715	46.4029  USD
common stock	Sale	701	46.6131  USD
common stock	Sale	578	46.6388  USD
common stock	Sale	400	46.4775  USD
common stock	Sale	399	46.3891  USD
common stock	Sale	371	46.3404  USD
common stock	Sale	350	46.4497  USD
common stock	Sale	331	46.4258  USD
common stock	Sale	222	46.1085  USD
common stock	Sale	203	42.6386  EUR
common stock	Sale	130	46.1050  USD
common stock	Sale	100	46.3525  USD
common stock	Sale	100	46.3700  USD
common stock	Sale	100	46.6600  USD
common stock	Sale	73	42.0900  EUR
common stock	Sale	70	46.2600  USD
common stock	Sale	65	46.4350  USD
common stock	Sale	60	46.2643  USD
common stock	Sale	45	46.0500  USD
common stock	Sale	44	46.0550  USD
common stock	Sale	25	45.9900  USD
common stock	Sale	18	46.4800  USD
common stock	Sale	8	45.9300  USD
common stock	Sale	5	46.0400  USD
common stock	Sale	3	46.3750  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	Selling	100	48.0000  USD	American	02 Aug 2024	0.7500  USD
common stock	Call Options	Selling	9,800	48.0000  USD	American	02 Aug 2024	0.5037  USD
common stock	Call Options	Selling	5,600	49.0000  USD	American	02 Aug 2024	0.4500  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?				YES
Date of disclosure:				23 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213
SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
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  are being disclosed:				Barclays PLC.
Name of offeror/offeree in relation to whose  relevant securities this from relates:				INTERNATIONAL PAPER CO
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
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