Form 8.3 - International Paper Company

Barclays PLC

24 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:				23 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:			827,347	0.24%	411,473	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:			0	0.00%	24,700	0.01%
	TOTAL:			903,509	0.26%	436,173	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		176,681		45.9174  USD
common stock		Purchase		148,956		45.8666  USD
common stock		Purchase		92,186		45.8919  USD
common stock		Purchase		50,889		45.9466  USD
common stock		Purchase		50,248		45.9419  USD
common stock		Purchase		49,473		45.9083  USD
common stock		Purchase		38,137		45.9118  USD
common stock		Purchase		36,772		45.8904  USD
common stock		Purchase		25,949		45.9387  USD
common stock		Purchase		23,842		45.8975  USD
common stock		Purchase		8,202		45.8866  USD
common stock		Purchase		8,155		45.9105  USD
common stock		Purchase		6,798		45.9200  USD
common stock		Purchase		5,794		45.8250  USD
common stock		Purchase		4,536		45.8885  USD
common stock		Purchase		3,911		45.8252  USD
common stock		Purchase		3,512		45.8860  USD
common stock		Purchase		3,120		45.8772  USD
common stock		Purchase		2,570		45.8881  USD
common stock		Purchase		2,519		45.8604  USD
common stock		Purchase		1,621		45.8774  USD
common stock		Purchase		1,211		45.8041  USD
common stock		Purchase		1,155		45.9434  USD
common stock		Purchase		660		45.9271  USD
common stock		Purchase		591		45.8234  USD
common stock		Purchase		389		45.9178  USD
common stock		Purchase		356		45.8530  USD
common stock		Purchase		291		45.9525  USD
common stock		Purchase		252		45.9359  USD
common stock		Purchase		250		46.2000  USD
common stock		Purchase		245		45.8345  USD
common stock		Purchase		202		45.9892  USD
common stock		Purchase		200		45.8750  USD
common stock		Purchase		133		46.0185  USD
common stock		Purchase		109		46.0300  USD
common stock		Purchase		100		46.0400  USD
common stock		Purchase		100		45.9250  USD
common stock		Purchase		100		45.8800  USD
common stock		Purchase		100		45.9300  USD
common stock		Purchase		65		46.0323  USD
common stock		Purchase		41		45.9000  USD
common stock		Purchase		17		46.3488  USD
common stock		Purchase		1		46.0000  USD
common stock		Sale		217,881		45.9377  USD
common stock		Sale		73,358		45.9008  USD
common stock		Sale		62,162		45.8952  USD
common stock		Sale		60,288		45.9105  USD
common stock		Sale		49,473		45.9083  USD
common stock		Sale		30,766		45.8713  USD
common stock		Sale		30,106		45.8557  USD
common stock		Sale		26,864		45.8992  USD
common stock		Sale		25,592		45.8492  USD
common stock		Sale		22,864		45.9375  USD
common stock		Sale		19,786		45.8936  USD
common stock		Sale		19,576		45.9255  USD
common stock		Sale		10,866		45.8478  USD
common stock		Sale		10,691		45.8130  USD
common stock		Sale		10,514		45.9200  USD
common stock		Sale		10,224		45.8329  USD
common stock		Sale		8,767		45.9189  USD
common stock		Sale		7,983		45.8301  USD
common stock		Sale		5,843		45.8785  USD
common stock		Sale		4,558		45.8700  USD
common stock		Sale		4,329		45.8440  USD
common stock		Sale		4,061		45.8932  USD
common stock		Sale		3,307		45.7911  USD
common stock		Sale		3,010		45.8139  USD
common stock		Sale		2,760		45.9052  USD
common stock		Sale		2,504		45.8093  USD
common stock		Sale		2,255		45.8850  USD
common stock		Sale		2,055		45.9021  USD
common stock		Sale		1,982		45.8277  USD
common stock		Sale		1,857		45.8428  USD
common stock		Sale		1,806		45.8877  USD
common stock		Sale		1,312		45.9209  USD
common stock		Sale		1,258		45.8405  USD
common stock		Sale		1,234		45.9118  USD
common stock		Sale		1,207		45.8577  USD
common stock		Sale		1,054		45.8868  USD
common stock		Sale		955		45.9569  USD
common stock		Sale		911		45.8522  USD
common stock		Sale		801		45.8882  USD
common stock		Sale		609		45.8821  USD
common stock		Sale		450		45.8255  USD
common stock		Sale		402		45.8626  USD
common stock		Sale		400		45.7850  USD
common stock		Sale		400		45.8900  USD
common stock		Sale		389		45.9178  USD
common stock		Sale		356		45.8530  USD
common stock		Sale		300		45.9333  USD
common stock		Sale		263		45.8532  USD
common stock		Sale		250		46.2000  USD
common stock		Sale		217		45.8155  USD
common stock		Sale		200		45.6850  USD
common stock		Sale		200		45.8787  USD
common stock		Sale		200		45.9250  USD
common stock		Sale		170		45.8665  USD
common stock		Sale		141		45.8425  USD
common stock		Sale		110		45.6636  USD
common stock		Sale		100		45.8800  USD
common stock		Sale		100		46.0300  USD
common stock		Sale		100		45.6600  USD
common stock		Sale		19		45.7694  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	1,900	48.0000  USD	American	02 Aug 2024	0.4000  USD
common stock	Call Options	Selling	14,000	49.0000  USD	American	02 Aug 2024	0.3000  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:				24 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
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