Form 8.3 - INTERNATIONAL PAPER COMPANY

Barclays PLC

05 August 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:				02 Aug 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:			818,681	0.24%	505,699	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:			987,343	0.28%	530,399	0.15%
(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		358,985		45.7291  USD
common stock		Purchase		96,035		45.5764  USD
common stock		Purchase		58,902		45.8211  USD
common stock		Purchase		26,309		45.5876  USD
common stock		Purchase		26,093		45.7583  USD
common stock		Purchase		18,687		45.5687  USD
common stock		Purchase		10,785		45.5474  USD
common stock		Purchase		9,292		45.4183  USD
common stock		Purchase		8,557		45.7775  USD
common stock		Purchase		7,717		45.9400  USD
common stock		Purchase		7,716		45.6600  USD
common stock		Purchase		4,074		45.5336  USD
common stock		Purchase		3,596		45.7328  USD
common stock		Purchase		3,280		45.6246  USD
common stock		Purchase		2,384		45.5331  USD
common stock		Purchase		1,703		45.2274  USD
common stock		Purchase		1,088		45.6264  USD
common stock		Purchase		1,066		45.8281  USD
common stock		Purchase		992		45.6032  USD
common stock		Purchase		901		45.5466  USD
common stock		Purchase		900		45.9100  USD
common stock		Purchase		858		45.7391  USD
common stock		Purchase		610		45.6359  USD
common stock		Purchase		526		45.3890  USD
common stock		Purchase		506		45.7211  USD
common stock		Purchase		470		45.7813  USD
common stock		Purchase		435		45.0925  USD
common stock		Purchase		290		42.4268  EUR
common stock		Purchase		245		45.7036  USD
common stock		Purchase		231		45.9496  USD
common stock		Purchase		220		45.2249  USD
common stock		Purchase		217		45.3492  USD
common stock		Purchase		200		45.6400  USD
common stock		Purchase		200		45.3650  USD
common stock		Purchase		174		45.7725  USD
common stock		Purchase		156		45.7870  USD
common stock		Purchase		129		45.9422  USD
common stock		Purchase		120		45.8320  USD
common stock		Purchase		110		45.5090  USD
common stock		Purchase		110		45.9209  USD
common stock		Purchase		110		45.3972  USD
common stock		Purchase		110		45.6200  USD
common stock		Purchase		100		45.3950  USD
common stock		Purchase		100		45.8400  USD
common stock		Purchase		100		45.8815  USD
common stock		Purchase		100		45.9300  USD
common stock		Purchase		100		45.2450  USD
common stock		Purchase		83		45.6271  USD
common stock		Purchase		41		45.8993  USD
common stock		Purchase		40		45.6900  USD
common stock		Purchase		20		45.2800  USD
common stock		Purchase		18		45.4344  USD
common stock		Purchase		5		45.3800  USD
common stock		Purchase		1		45.4000  USD
common stock		Sale		257,206		45.7832  USD
common stock		Sale		161,754		45.5687  USD
common stock		Sale		56,486		45.8169  USD
common stock		Sale		32,316		45.6369  USD
common stock		Sale		23,470		45.6009  USD
common stock		Sale		19,792		45.5641  USD
common stock		Sale		9,070		45.9400  USD
common stock		Sale		8,557		45.7775  USD
common stock		Sale		8,454		45.6291  USD
common stock		Sale		7,799		45.7231  USD
common stock		Sale		7,079		45.9059  USD
common stock		Sale		6,459		45.6922  USD
common stock		Sale		5,802		45.6580  USD
common stock		Sale		5,800		45.4998  USD
common stock		Sale		4,128		45.6970  USD
common stock		Sale		3,738		45.3571  USD
common stock		Sale		3,661		45.4100  USD
common stock		Sale		2,177		45.6267  USD
common stock		Sale		2,171		45.6414  USD
common stock		Sale		2,135		45.8000  USD
common stock		Sale		2,074		45.7175  USD
common stock		Sale		2,027		45.7167  USD
common stock		Sale		2,006		45.8560  USD
common stock		Sale		1,404		45.8196  USD
common stock		Sale		1,396		45.8010  USD
common stock		Sale		1,207		45.4039  USD
common stock		Sale		1,066		45.8281  USD
common stock		Sale		966		45.5294  USD
common stock		Sale		858		45.7391  USD
common stock		Sale		827		45.3839  USD
common stock		Sale		718		45.5634  USD
common stock		Sale		601		45.5213  USD
common stock		Sale		496		45.6032  USD
common stock		Sale		470		45.7813  USD
common stock		Sale		435		45.0925  USD
common stock		Sale		400		45.1862  USD
common stock		Sale		381		45.1757  USD
common stock		Sale		300		45.6100  USD
common stock		Sale		290		42.4268  EUR
common stock		Sale		289		45.1504  USD
common stock		Sale		269		45.1760  USD
common stock		Sale		200		45.3700  USD
common stock		Sale		200		45.6400  USD
common stock		Sale		196		45.1298  USD
common stock		Sale		193		45.8992  USD
common stock		Sale		189		45.3820  USD
common stock		Sale		173		45.1370  USD
common stock		Sale		145		45.9017  USD
common stock		Sale		110		45.5090  USD
common stock		Sale		101		45.4593  USD
common stock		Sale		100		45.1850  USD
common stock		Sale		100		45.4700  USD
common stock		Sale		100		46.0000  USD
common stock		Sale		100		45.1950  USD
common stock		Sale		90		45.6998  USD
common stock		Sale		83		45.6271  USD
common stock		Sale		61		45.2377  USD
common stock		Sale		60		45.2400  USD
common stock		Sale		49		45.0900  USD
common stock		Sale		38		45.9200  USD
common stock		Sale		10		45.2000  USD
common stock		Sale		10		45.2800  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	2,700	40.0000  USD	American	17 Jan 2025	6.6000  USD
common stock	Call Options	Selling	12,800	43.0000  USD	American	17 Jan 2025	5.2734  USD
common stock	Call Options	Selling	2,700	45.0000  USD	American	17 Jan 2025	4.0000  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:				05 Aug 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