Form 8.3 - INTERNATIONAL PAPER COMPANY

Barclays PLC

26 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:				25 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:			921,749	0.27%	438,646	0.13%
(2)	Cash-settled derivatives:
	and/or controlled:			105,862	0.03%	0	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	24,700	0.01%
	TOTAL:			1,027,611	0.30%	463,346	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		2,251,592		45.8043  USD
common stock		Purchase		388,085		45.8962  USD
common stock		Purchase		360,785		45.7499  USD
common stock		Purchase		307,823		45.6967  USD
common stock		Purchase		140,644		46.1761  USD
common stock		Purchase		133,000		46.1500  USD
common stock		Purchase		75,985		46.0610  USD
common stock		Purchase		53,394		46.1181  USD
common stock		Purchase		51,920		46.0638  USD
common stock		Purchase		49,137		45.9693  USD
common stock		Purchase		47,181		46.2244  USD
common stock		Purchase		36,633		46.0433  USD
common stock		Purchase		20,604		46.1984  USD
common stock		Purchase		13,742		46.0998  USD
common stock		Purchase		13,028		46.0120  USD
common stock		Purchase		12,939		46.0787  USD
common stock		Purchase		12,042		46.0755  USD
common stock		Purchase		10,202		45.9849  USD
common stock		Purchase		10,076		46.0106  USD
common stock		Purchase		9,570		46.1596  USD
common stock		Purchase		9,430		45.9982  USD
common stock		Purchase		7,989		46.1307  USD
common stock		Purchase		7,171		45.8347  USD
common stock		Purchase		7,140		46.1148  USD
common stock		Purchase		5,635		46.1613  USD
common stock		Purchase		4,596		46.0822  USD
common stock		Purchase		3,655		46.0913  USD
common stock		Purchase		2,971		46.0960  USD
common stock		Purchase		2,348		46.1526  USD
common stock		Purchase		2,000		45.7407  USD
common stock		Purchase		1,669		45.9847  USD
common stock		Purchase		1,398		46.2142  USD
common stock		Purchase		1,300		46.1615  USD
common stock		Purchase		1,127		46.2200  USD
common stock		Purchase		959		44.6500  USD
common stock		Purchase		959		45.6500  USD
common stock		Purchase		853		46.2364  USD
common stock		Purchase		800		46.3000  USD
common stock		Purchase		798		45.6887  USD
common stock		Purchase		694		46.2369  USD
common stock		Purchase		607		46.1540  USD
common stock		Purchase		534		45.6694  USD
common stock		Purchase		527		46.3198  USD
common stock		Purchase		499		45.9866  USD
common stock		Purchase		495		46.0605  USD
common stock		Purchase		307		45.7613  USD
common stock		Purchase		204		46.2600  USD
common stock		Purchase		201		46.1777  USD
common stock		Purchase		200		45.9000  USD
common stock		Purchase		200		45.6600  USD
common stock		Purchase		200		46.2550  USD
common stock		Purchase		200		45.6900  USD
common stock		Purchase		103		46.4213  USD
common stock		Purchase		100		46.2000  USD
common stock		Purchase		100		45.7800  USD
common stock		Purchase		30		45.7500  USD
common stock		Purchase		22		45.8882  USD
common stock		Purchase		8		42.3700  EUR
common stock		Purchase		4		45.6700  USD
common stock		Purchase		3		46.3100  USD
common stock		Sale		750,516		45.8754  USD
common stock		Sale		639,740		45.7813  USD
common stock		Sale		360,785		45.7499  USD
common stock		Sale		309,589		45.6966  USD
common stock		Sale		222,550		45.8214  USD
common stock		Sale		166,621		45.7982  USD
common stock		Sale		158,000		46.1500  USD
common stock		Sale		146,742		46.1453  USD
common stock		Sale		137,041		46.1171  USD
common stock		Sale		123,218		45.6034  USD
common stock		Sale		108,182		45.8626  USD
common stock		Sale		104,193		46.2163  USD
common stock		Sale		80,007		45.9152  USD
common stock		Sale		73,574		46.0692  USD
common stock		Sale		62,248		46.0228  USD
common stock		Sale		58,421		46.1874  USD
common stock		Sale		50,285		46.1863  USD
common stock		Sale		44,424		45.8387  USD
common stock		Sale		39,582		45.9882  USD
common stock		Sale		38,066		46.1368  USD
common stock		Sale		36,633		46.0433  USD
common stock		Sale		35,319		45.8362  USD
common stock		Sale		28,221		46.0121  USD
common stock		Sale		25,887		45.9015  USD
common stock		Sale		12,908		46.0219  USD
common stock		Sale		12,312		45.9615  USD
common stock		Sale		11,788		45.8252  USD
common stock		Sale		10,902		45.8270  USD
common stock		Sale		10,676		45.8000  USD
common stock		Sale		10,623		46.0575  USD
common stock		Sale		10,202		45.9849  USD
common stock		Sale		10,049		45.7786  USD
common stock		Sale		9,619		46.0736  USD
common stock		Sale		7,171		45.8347  USD
common stock		Sale		7,128		45.9779  USD
common stock		Sale		6,200		45.6853  USD
common stock		Sale		5,640		46.1395  USD
common stock		Sale		5,162		45.9594  USD
common stock		Sale		4,052		46.0533  USD
common stock		Sale		4,034		46.2121  USD
common stock		Sale		3,709		46.1229  USD
common stock		Sale		3,693		46.0885  USD
common stock		Sale		3,344		45.8130  USD
common stock		Sale		3,040		46.0545  USD
common stock		Sale		2,771		46.1954  USD
common stock		Sale		2,552		45.5958  USD
common stock		Sale		2,332		45.7656  USD
common stock		Sale		2,008		45.8251  USD
common stock		Sale		2,000		45.7147  USD
common stock		Sale		2,000		45.9422  USD
common stock		Sale		1,749		45.7998  USD
common stock		Sale		1,724		46.2138  USD
common stock		Sale		1,643		46.0376  USD
common stock		Sale		1,615		45.9065  USD
common stock		Sale		1,400		45.7185  USD
common stock		Sale		1,400		45.8189  USD
common stock		Sale		1,398		46.2142  USD
common stock		Sale		1,300		46.1615  USD
common stock		Sale		1,300		45.7723  USD
common stock		Sale		1,290		46.1378  USD
common stock		Sale		1,123		46.1593  USD
common stock		Sale		1,100		45.6718  USD
common stock		Sale		1,100		45.7521  USD
common stock		Sale		1,059		46.1341  USD
common stock		Sale		1,000		45.7407  USD
common stock		Sale		999		46.0881  USD
common stock		Sale		964		45.6500  USD
common stock		Sale		959		44.6500  USD
common stock		Sale		934		46.2200  USD
common stock		Sale		853		46.2364  USD
common stock		Sale		800		46.1150  USD
common stock		Sale		800		46.3000  USD
common stock		Sale		700		45.9442  USD
common stock		Sale		694		46.2369  USD
common stock		Sale		631		46.0150  USD
common stock		Sale		627		45.9124  USD
common stock		Sale		619		46.1982  USD
common stock		Sale		600		45.6850  USD
common stock		Sale		546		45.6256  USD
common stock		Sale		540		45.6740  USD
common stock		Sale		515		45.7243  USD
common stock		Sale		500		45.7548  USD
common stock		Sale		500		45.7040  USD
common stock		Sale		481		45.7369  USD
common stock		Sale		449		46.2555  USD
common stock		Sale		406		45.8782  USD
common stock		Sale		400		46.2000  USD
common stock		Sale		400		46.0450  USD
common stock		Sale		340		46.0026  USD
common stock		Sale		217		45.6970  USD
common stock		Sale		205		45.7800  USD
common stock		Sale		200		45.9924  USD
common stock		Sale		185		45.7847  USD
common stock		Sale		150		45.6700  USD
common stock		Sale		120		46.3293  USD
common stock		Sale		100		45.9000  USD
common stock		Sale		100		46.0715  USD
common stock		Sale		100		45.8100  USD
common stock		Sale		94		45.7500  USD
common stock		Sale		80		45.9650  USD
common stock		Sale		50		45.8200  USD
common stock		Sale		49		46.2100  USD
common stock		Sale		42		46.3900  USD
common stock		Sale		38		45.7655  USD
common stock		Sale		35		46.0014  USD
common stock		Sale		30		46.2650  USD
common stock		Sale		25		45.7620  USD
common stock		Sale		25		45.7020  USD
common stock		Sale		25		46.1020  USD
common stock		Sale		8		45.5700  USD
common stock		Sale		8		42.3700  EUR
common stock		Sale		6		45.7967  USD
common stock		Sale		6		45.7600  USD
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
common stock		SWAP		Opening Long		29,700	46.0189  USD
(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	22,600	48.0000  USD	American	02 Aug 2024	0.2520  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:				26 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