Form 8.3 - INTERNATIONAL PAPER COMPANY

Barclays PLC

29 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 CO
	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:				26 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:			821,035	0.24%	475,097	0.14%
(2)	Cash-settled derivatives:
	and/or controlled:			135,562	0.04%	0	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	24,700	0.01%
	TOTAL:			956,597	0.28%	499,797	0.14%
(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		151,085		46.8664  USD
common stock		Purchase		86,921		46.7469  USD
common stock		Purchase		66,544		46.7464  USD
common stock		Purchase		56,400		46.8495  USD
common stock		Purchase		44,394		46.7494  USD
common stock		Purchase		40,126		46.7490  USD
common stock		Purchase		24,792		46.7977  USD
common stock		Purchase		15,030		46.7507  USD
common stock		Purchase		14,000		47.0385  USD
common stock		Purchase		12,647		46.8173  USD
common stock		Purchase		10,749		46.7567  USD
common stock		Purchase		7,758		46.9074  USD
common stock		Purchase		6,468		46.7800  USD
common stock		Purchase		6,019		46.7872  USD
common stock		Purchase		5,655		46.7361  USD
common stock		Purchase		5,442		46.7227  USD
common stock		Purchase		4,404		46.8524  USD
common stock		Purchase		4,159		46.8117  USD
common stock		Purchase		3,390		46.9098  USD
common stock		Purchase		2,975		46.9198  USD
common stock		Purchase		2,961		46.9215  USD
common stock		Purchase		2,761		46.9210  USD
common stock		Purchase		1,862		46.9200  USD
common stock		Purchase		1,652		46.8832  USD
common stock		Purchase		1,541		46.6904  USD
common stock		Purchase		1,530		46.9566  USD
common stock		Purchase		1,001		46.6989  USD
common stock		Purchase		907		46.9105  USD
common stock		Purchase		800		47.0400  USD
common stock		Purchase		739		46.7601  USD
common stock		Purchase		700		46.7028  USD
common stock		Purchase		498		46.8337  USD
common stock		Purchase		466		46.6800  USD
common stock		Purchase		405		46.7385  USD
common stock		Purchase		119		46.8517  USD
common stock		Purchase		100		46.9300  USD
common stock		Purchase		100		46.8500  USD
common stock		Purchase		100		46.6000  USD
common stock		Purchase		100		46.9350  USD
common stock		Purchase		88		47.0500  USD
common stock		Purchase		59		46.7300  USD
common stock		Purchase		50		47.0704  USD
common stock		Purchase		36		46.7317  USD
common stock		Purchase		12		46.8125  USD
common stock		Sale		105,557		46.9003  USD
common stock		Sale		72,254		46.8089  USD
common stock		Sale		65,402		46.7385  USD
common stock		Sale		52,986		46.7477  USD
common stock		Sale		43,563		46.7558  USD
common stock		Sale		40,126		46.7490  USD
common stock		Sale		35,592		46.9500  USD
common stock		Sale		31,263		46.8091  USD
common stock		Sale		23,713		46.8117  USD
common stock		Sale		16,379		46.7998  USD
common stock		Sale		16,115		46.7915  USD
common stock		Sale		15,185		46.7716  USD
common stock		Sale		15,017		46.8708  USD
common stock		Sale		14,947		46.7250  USD
common stock		Sale		14,000		47.0385  USD
common stock		Sale		12,555		46.8163  USD
common stock		Sale		12,451		46.7504  USD
common stock		Sale		11,000		46.7832  USD
common stock		Sale		9,859		46.7293  USD
common stock		Sale		9,745		46.7437  USD
common stock		Sale		8,431		46.7878  USD
common stock		Sale		7,400		46.6612  USD
common stock		Sale		7,229		46.7920  USD
common stock		Sale		6,961		46.7682  USD
common stock		Sale		5,877		46.8063  USD
common stock		Sale		5,773		46.8068  USD
common stock		Sale		5,007		46.8123  USD
common stock		Sale		4,690		46.9200  USD
common stock		Sale		4,685		46.9002  USD
common stock		Sale		3,982		46.6972  USD
common stock		Sale		3,868		46.8403  USD
common stock		Sale		3,496		46.7414  USD
common stock		Sale		3,369		46.8907  USD
common stock		Sale		3,302		46.7541  USD
common stock		Sale		3,075		46.9188  USD
common stock		Sale		2,961		46.9215  USD
common stock		Sale		2,800		46.9352  USD
common stock		Sale		2,794		46.7605  USD
common stock		Sale		2,719		46.8954  USD
common stock		Sale		1,700		46.7211  USD
common stock		Sale		1,600		46.7006  USD
common stock		Sale		1,539		46.9566  USD
common stock		Sale		1,229		46.8178  USD
common stock		Sale		1,000		46.7500  USD
common stock		Sale		907		46.9105  USD
common stock		Sale		900		46.7155  USD
common stock		Sale		800		47.0400  USD
common stock		Sale		750		46.7333  USD
common stock		Sale		700		46.7028  USD
common stock		Sale		700		46.7114  USD
common stock		Sale		600		46.8500  USD
common stock		Sale		580		46.6970  USD
common stock		Sale		502		46.8365  USD
common stock		Sale		500		46.5060  USD
common stock		Sale		400		46.7550  USD
common stock		Sale		400		46.4950  USD
common stock		Sale		400		46.9050  USD
common stock		Sale		394		47.0570  USD
common stock		Sale		376		46.8914  USD
common stock		Sale		337		46.6039  USD
common stock		Sale		300		46.9183  USD
common stock		Sale		300		46.6748  USD
common stock		Sale		258		46.5900  USD
common stock		Sale		201		46.6002  USD
common stock		Sale		200		46.6750  USD
common stock		Sale		170		46.8100  USD
common stock		Sale		160		46.8418  USD
common stock		Sale		147		46.7141  USD
common stock		Sale		100		46.9100  USD
common stock		Sale		100		47.0200  USD
common stock		Sale		50		47.0704  USD
common stock		Sale		45		46.7922  USD
common stock		Sale		20		46.6250  USD
common stock		Sale		10		46.8950  USD
common stock		Sale		9		46.6000  USD
common stock		Sale		9		46.9444  USD
common stock		Sale		8		46.9400  USD
common stock		Sale		6		46.6450  USD
common stock		Sale		5		46.7800  USD
common stock		Sale		5		46.4600  USD
common stock		Sale		3		46.6200  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		Increasing Long		29,700	46.6866  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
(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:				29 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