Form 8.3 - INTERNATIONAL PAPER COMPANY

Barclays PLC

31 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:				30 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:			831,790	0.24%	523,021	0.15%
(2)	Cash-settled derivatives:
	and/or controlled:			168,662	0.05%	0	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	24,700	0.01%
	TOTAL:			1,000,452	0.29%	547,721	0.16%
(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		99,246		46.1028  USD
common stock		Purchase		73,226		46.2805  USD
common stock		Purchase		49,093		46.0477  USD
common stock		Purchase		41,828		46.1793  USD
common stock		Purchase		35,393		46.1513  USD
common stock		Purchase		31,049		46.0877  USD
common stock		Purchase		27,926		46.2107  USD
common stock		Purchase		17,327		45.9200  USD
common stock		Purchase		7,359		46.1031  USD
common stock		Purchase		7,136		46.1162  USD
common stock		Purchase		6,435		46.3812  USD
common stock		Purchase		4,713		45.9479  USD
common stock		Purchase		3,451		46.0739  USD
common stock		Purchase		3,206		46.3137  USD
common stock		Purchase		3,125		46.3112  USD
common stock		Purchase		2,315		46.1885  USD
common stock		Purchase		2,104		46.2875  USD
common stock		Purchase		1,403		46.2536  USD
common stock		Purchase		1,386		46.2685  USD
common stock		Purchase		1,000		45.9900  USD
common stock		Purchase		828		46.1562  USD
common stock		Purchase		601		46.3493  USD
common stock		Purchase		568		46.3070  USD
common stock		Purchase		501		46.2752  USD
common stock		Purchase		458		46.2237  USD
common stock		Purchase		400		46.2850  USD
common stock		Purchase		311		46.3183  USD
common stock		Purchase		306		46.0382  USD
common stock		Purchase		304		46.2576  USD
common stock		Purchase		230		46.4404  USD
common stock		Purchase		200		46.3025  USD
common stock		Purchase		200		46.2700  USD
common stock		Purchase		200		46.2650  USD
common stock		Purchase		103		46.3200  USD
common stock		Purchase		101		46.2605  USD
common stock		Purchase		101		46.4686  USD
common stock		Purchase		100		46.2900  USD
common stock		Purchase		100		46.1200  USD
common stock		Purchase		100		46.0000  USD
common stock		Purchase		100		46.2800  USD
common stock		Purchase		100		46.4600  USD
common stock		Purchase		50		45.9700  USD
common stock		Purchase		36		45.8900  USD
common stock		Purchase		32		46.2200  USD
common stock		Purchase		24		46.3100  USD
common stock		Purchase		13		46.0246  USD
common stock		Sale		72,766		46.0560  USD
common stock		Sale		52,738		46.0543  USD
common stock		Sale		50,274		46.3157  USD
common stock		Sale		41,874		46.2103  USD
common stock		Sale		35,393		46.1513  USD
common stock		Sale		23,109		46.1767  USD
common stock		Sale		19,371		46.1550  USD
common stock		Sale		12,917		46.1893  USD
common stock		Sale		11,914		46.0661  USD
common stock		Sale		11,828		46.1607  USD
common stock		Sale		11,355		45.9200  USD
common stock		Sale		10,419		46.2755  USD
common stock		Sale		8,146		46.1584  USD
common stock		Sale		7,198		46.1725  USD
common stock		Sale		7,142		46.2163  USD
common stock		Sale		6,335		46.3800  USD
common stock		Sale		6,000		46.2048  USD
common stock		Sale		5,928		46.2187  USD
common stock		Sale		5,745		46.1522  USD
common stock		Sale		5,219		45.9225  USD
common stock		Sale		4,989		46.3089  USD
common stock		Sale		3,948		46.1828  USD
common stock		Sale		3,731		46.2175  USD
common stock		Sale		3,569		46.2542  USD
common stock		Sale		3,103		46.2057  USD
common stock		Sale		2,990		46.1544  USD
common stock		Sale		2,773		46.1511  USD
common stock		Sale		2,700		46.1900  USD
common stock		Sale		2,324		46.0921  USD
common stock		Sale		2,315		46.1885  USD
common stock		Sale		2,277		46.1059  USD
common stock		Sale		2,218		46.2056  USD
common stock		Sale		2,165		46.3700  USD
common stock		Sale		2,159		46.1333  USD
common stock		Sale		1,956		46.1038  USD
common stock		Sale		1,551		46.1754  USD
common stock		Sale		1,501		46.1047  USD
common stock		Sale		1,497		46.0800  USD
common stock		Sale		1,100		46.0327  USD
common stock		Sale		1,093		46.4346  USD
common stock		Sale		1,000		46.2500  USD
common stock		Sale		650		46.2822  USD
common stock		Sale		600		46.2950  USD
common stock		Sale		484		46.1177  USD
common stock		Sale		400		46.2975  USD
common stock		Sale		306		46.0382  USD
common stock		Sale		305		46.0100  USD
common stock		Sale		300		46.2866  USD
common stock		Sale		300		46.0833  USD
common stock		Sale		285		46.1268  USD
common stock		Sale		273		46.1856  USD
common stock		Sale		257		46.0700  USD
common stock		Sale		200		46.1950  USD
common stock		Sale		200		46.2850  USD
common stock		Sale		155		46.2516  USD
common stock		Sale		152		46.2576  USD
common stock		Sale		118		45.9743  USD
common stock		Sale		100		46.0000  USD
common stock		Sale		100		46.4600  USD
common stock		Sale		100		45.9800  USD
common stock		Sale		84		46.2425  USD
common stock		Sale		73		46.1187  USD
common stock		Sale		60		46.2600  USD
common stock		Sale		36		45.8900  USD
common stock		Sale		31		46.1470  USD
common stock		Sale		30		46.1960  USD
common stock		Sale		17		46.3300  USD
common stock		Sale		8		46.1800  USD
common stock		Sale		5		45.9100  USD
common stock		Sale		5		45.9900  USD
common stock		Sale		3		46.0600  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		33,100	46.1566  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:				31 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