Form 8.3 - International Paper Company

Barclays PLC
25 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:

24 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:



827,355

0.24%

408,867

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:



903,517

0.26%

433,567

0.12%

(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

361,085

46.8091  USD

common stock

Purchase

296,411

46.7801  USD

common stock

Purchase

234,665

46.3210  USD

common stock

Purchase

214,300

46.6974  USD

common stock

Purchase

134,677

46.4210  USD

common stock

Purchase

129,713

47.0322  USD

common stock

Purchase

95,419

46.8970  USD

common stock

Purchase

95,407

46.3616  USD

common stock

Purchase

95,364

46.5177  USD

common stock

Purchase

60,714

46.6307  USD

common stock

Purchase

38,870

46.7655  USD

common stock

Purchase

32,265

46.8086  USD

common stock

Purchase

25,619

46.9955  USD

common stock

Purchase

23,802

46.6056  USD

common stock

Purchase

21,779

46.7165  USD

common stock

Purchase

19,648

46.6937  USD

common stock

Purchase

19,383

46.7102  USD

common stock

Purchase

16,719

46.6933  USD

common stock

Purchase

14,390

46.5928  USD

common stock

Purchase

12,920

46.6439  USD

common stock

Purchase

10,526

46.2784  USD

common stock

Purchase

10,181

46.6870  USD

common stock

Purchase

9,499

46.6936  USD

common stock

Purchase

6,637

46.7091  USD

common stock

Purchase

6,483

46.7459  USD

common stock

Purchase

5,592

46.2800  USD

common stock

Purchase

5,466

46.6293  USD

common stock

Purchase

4,759

46.8373  USD

common stock

Purchase

4,258

47.0537  USD

common stock

Purchase

3,762

46.5092  USD

common stock

Purchase

3,218

46.6453  USD

common stock

Purchase

3,074

46.9114  USD

common stock

Purchase

3,011

46.4734  USD

common stock

Purchase

2,861

47.1583  USD

common stock

Purchase

2,600

46.7657  USD

common stock

Purchase

2,578

46.4285  USD

common stock

Purchase

2,185

46.6129  USD

common stock

Purchase

2,006

46.7394  USD

common stock

Purchase

1,932

46.1629  USD

common stock

Purchase

1,594

46.8129  USD

common stock

Purchase

1,250

46.2799  USD

common stock

Purchase

1,233

46.3547  USD

common stock

Purchase

907

46.2034  USD

common stock

Purchase

873

46.5405  USD

common stock

Purchase

855

46.9635  USD

common stock

Purchase

799

46.6892  USD

common stock

Purchase

688

46.7339  USD

common stock

Purchase

668

46.9386  USD

common stock

Purchase

585

46.5388  USD

common stock

Purchase

500

46.8380  USD

common stock

Purchase

317

46.5488  USD

common stock

Purchase

300

46.8066  USD

common stock

Purchase

300

46.8800  USD

common stock

Purchase

211

41.6959  EUR

common stock

Purchase

162

46.8950  USD

common stock

Purchase

55

41.6363  EUR

common stock

Purchase

16

45.3050  USD

common stock

Sale

413,454

46.7817  USD

common stock

Sale

221,348

46.8276  USD

common stock

Sale

164,458

46.2739  USD

common stock

Sale

159,952

46.8233  USD

common stock

Sale

138,940

46.8227  USD

common stock

Sale

122,370

46.4588  USD

common stock

Sale

75,954

46.3292  USD

common stock

Sale

73,501

46.3204  USD

common stock

Sale

69,214

46.6346  USD

common stock

Sale

57,088

46.7209  USD

common stock

Sale

47,972

46.6267  USD

common stock

Sale

32,265

46.8086  USD

common stock

Sale

29,160

46.7516  USD

common stock

Sale

27,824

46.6777  USD

common stock

Sale

27,293

46.6870  USD

common stock

Sale

26,784

46.6754  USD

common stock

Sale

24,814

46.5147  USD

common stock

Sale

22,567

46.7603  USD

common stock

Sale

20,411

46.6163  USD

common stock

Sale

19,957

46.7440  USD

common stock

Sale

19,881

46.8845  USD

common stock

Sale

18,868

46.4358  USD

common stock

Sale

16,495

46.9097  USD

common stock

Sale

13,500

46.8512  USD

common stock

Sale

13,428

46.2800  USD

common stock

Sale

13,246

46.5439  USD

common stock

Sale

12,043

46.5177  USD

common stock

Sale

11,945

47.0013  USD

common stock

Sale

11,633

46.8012  USD

common stock

Sale

11,560

46.8065  USD

common stock

Sale

11,046

46.7715  USD

common stock

Sale

10,526

46.2784  USD

common stock

Sale

9,765

46.7479  USD

common stock

Sale

7,298

46.7835  USD

common stock

Sale

6,783

46.8098  USD

common stock

Sale

5,201

46.8535  USD

common stock

Sale

5,005

46.9817  USD

common stock

Sale

4,980

46.7929  USD

common stock

Sale

4,759

46.8373  USD

common stock

Sale

4,300

46.8577  USD

common stock

Sale

4,158

46.7505  USD

common stock

Sale

3,439

46.9465  USD

common stock

Sale

3,218

46.6453  USD

common stock

Sale

3,135

46.8458  USD

common stock

Sale

3,074

46.9114  USD

common stock

Sale

2,720

46.7416  USD

common stock

Sale

2,600

46.7657  USD

common stock

Sale

2,160

47.0555  USD

common stock

Sale

2,143

46.5568  USD

common stock

Sale

2,006

46.7394  USD

common stock

Sale

2,006

46.8418  USD

common stock

Sale

1,800

46.9947  USD

common stock

Sale

1,708

46.9457  USD

common stock

Sale

1,600

46.6400  USD

common stock

Sale

1,469

46.5884  USD

common stock

Sale

1,400

46.7414  USD

common stock

Sale

1,293

46.9056  USD

common stock

Sale

1,194

46.8425  USD

common stock

Sale

1,109

46.2168  USD

common stock

Sale

1,096

46.7848  USD

common stock

Sale

900

46.1888  USD

common stock

Sale

887

46.8027  USD

common stock

Sale

855

46.9635  USD

common stock

Sale

841

46.8896  USD

common stock

Sale

830

46.6934  USD

common stock

Sale

619

46.7849  USD

common stock

Sale

576

47.0530  USD

common stock

Sale

506

46.9683  USD

common stock

Sale

459

46.4416  USD

common stock

Sale

450

46.4724  USD

common stock

Sale

438

46.3269  USD

common stock

Sale

407

47.0352  USD

common stock

Sale

400

46.7243  USD

common stock

Sale

395

46.7367  USD

common stock

Sale

300

46.8600  USD

common stock

Sale

300

46.8800  USD

common stock

Sale

262

46.1805  USD

common stock

Sale

250

46.9940  USD

common stock

Sale

211

41.6959  EUR

common stock

Sale

200

46.4550  USD

common stock

Sale

192

47.0122  USD

common stock

Sale

188

46.7595  USD

common stock

Sale

152

47.0507  USD

common stock

Sale

147

47.1700  USD

common stock

Sale

100

46.8700  USD

common stock

Sale

100

46.9600  USD

common stock

Sale

100

45.0200  USD

common stock

Sale

100

46.8300  USD

common stock

Sale

95

46.7645  USD

common stock

Sale

89

46.2400  USD

common stock

Sale

63

46.2200  USD

common stock

Sale

55

41.6363  EUR

common stock

Sale

40

46.7500  USD

common stock

Sale

21

45.4900  USD

common stock

Sale

19

47.0900  USD

common stock

Sale

14

45.2000  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:

25 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:

























 

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END
 
 

Companies

Barclays (BARC)
Investor Meets Company
UK 100