Form 8.3 - INTERNATIONAL PAPER COMPANY

Barclays PLC

07 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:				06 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:			808,166	0.23%	500,055	0.14%
(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:			976,828	0.28%	524,755	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		88,253		45.3902  USD
common stock		Purchase		74,012		45.0249  USD
common stock		Purchase		53,787		44.7900  USD
common stock		Purchase		39,879		44.9774  USD
common stock		Purchase		26,023		44.7607  USD
common stock		Purchase		24,139		44.7910  USD
common stock		Purchase		19,600		45.0300  USD
common stock		Purchase		17,952		45.3812  USD
common stock		Purchase		15,940		45.3644  USD
common stock		Purchase		15,250		45.0354  USD
common stock		Purchase		14,687		45.3658  USD
common stock		Purchase		8,437		45.1144  USD
common stock		Purchase		6,841		45.0405  USD
common stock		Purchase		6,449		45.3580  USD
common stock		Purchase		6,336		44.8472  USD
common stock		Purchase		6,333		45.3989  USD
common stock		Purchase		5,470		44.0315  USD
common stock		Purchase		4,948		45.3675  USD
common stock		Purchase		4,599		44.9530  USD
common stock		Purchase		4,225		45.2052  USD
common stock		Purchase		3,902		45.3531  USD
common stock		Purchase		3,313		44.9722  USD
common stock		Purchase		2,750		44.9469  USD
common stock		Purchase		2,117		45.3283  USD
common stock		Purchase		1,879		45.3517  USD
common stock		Purchase		1,823		44.8824  USD
common stock		Purchase		1,192		45.3899  USD
common stock		Purchase		919		45.3443  USD
common stock		Purchase		753		45.2948  USD
common stock		Purchase		748		44.5537  USD
common stock		Purchase		625		45.0921  USD
common stock		Purchase		625		45.0956  USD
common stock		Purchase		620		45.1801  USD
common stock		Purchase		600		44.9533  USD
common stock		Purchase		575		44.8539  USD
common stock		Purchase		550		45.4200  USD
common stock		Purchase		541		45.0447  USD
common stock		Purchase		529		44.8670  USD
common stock		Purchase		451		44.8803  USD
common stock		Purchase		371		45.3343  USD
common stock		Purchase		311		44.7668  USD
common stock		Purchase		300		44.7300  USD
common stock		Purchase		300		45.2333  USD
common stock		Purchase		271		45.3679  USD
common stock		Purchase		248		45.4600  USD
common stock		Purchase		216		45.3642  USD
common stock		Purchase		200		44.9700  USD
common stock		Purchase		200		45.2650  USD
common stock		Purchase		182		44.9568  USD
common stock		Purchase		160		45.0400  USD
common stock		Purchase		131		40.4724  EUR
common stock		Purchase		121		44.4428  USD
common stock		Purchase		110		44.8963  USD
common stock		Purchase		72		45.3600  USD
common stock		Purchase		64		45.0399  USD
common stock		Purchase		50		44.9200  USD
common stock		Purchase		29		45.0800  USD
common stock		Purchase		29		44.9068  USD
common stock		Purchase		20		44.0570  USD
common stock		Purchase		5		45.0600  USD
common stock		Purchase		5		44.9000  USD
common stock		Purchase		5		45.1800  USD
common stock		Purchase		3		40.1100  EUR
common stock		Purchase		2		45.4100  USD
common stock		Sale		158,291		45.3814  USD
common stock		Sale		97,139		44.9813  USD
common stock		Sale		45,600		44.9963  USD
common stock		Sale		43,351		45.0300  USD
common stock		Sale		20,795		44.7074  USD
common stock		Sale		17,968		44.8279  USD
common stock		Sale		15,483		44.9687  USD
common stock		Sale		11,135		44.2292  USD
common stock		Sale		9,510		45.1172  USD
common stock		Sale		6,412		45.0514  USD
common stock		Sale		4,932		45.0644  USD
common stock		Sale		4,599		44.9530  USD
common stock		Sale		3,756		44.8078  USD
common stock		Sale		3,600		45.2100  USD
common stock		Sale		3,400		45.0702  USD
common stock		Sale		2,191		44.8807  USD
common stock		Sale		2,145		45.0544  USD
common stock		Sale		1,897		44.9451  USD
common stock		Sale		1,661		44.2339  USD
common stock		Sale		1,494		45.0486  USD
common stock		Sale		1,453		44.0908  USD
common stock		Sale		1,411		45.1602  USD
common stock		Sale		1,300		44.7737  USD
common stock		Sale		1,088		44.0382  USD
common stock		Sale		1,000		44.8955  USD
common stock		Sale		919		45.3443  USD
common stock		Sale		905		45.0378  USD
common stock		Sale		800		44.0350  USD
common stock		Sale		700		45.1114  USD
common stock		Sale		641		45.1158  USD
common stock		Sale		620		45.1801  USD
common stock		Sale		575		44.1913  USD
common stock		Sale		555		45.0797  USD
common stock		Sale		548		45.0290  USD
common stock		Sale		531		44.8285  USD
common stock		Sale		506		45.1218  USD
common stock		Sale		470		45.1072  USD
common stock		Sale		398		44.0400  USD
common stock		Sale		380		44.8659  USD
common stock		Sale		338		43.9842  USD
common stock		Sale		300		44.7300  USD
common stock		Sale		219		45.0404  USD
common stock		Sale		214		45.2745  USD
common stock		Sale		200		44.8475  USD
common stock		Sale		160		45.0400  USD
common stock		Sale		155		45.3920  USD
common stock		Sale		148		45.4600  USD
common stock		Sale		131		40.4724  EUR
common stock		Sale		121		44.4428  USD
common stock		Sale		100		45.4225  USD
common stock		Sale		100		44.8300  USD
common stock		Sale		61		45.0414  USD
common stock		Sale		52		44.8750  USD
common stock		Sale		44		45.1600  USD
common stock		Sale		40		45.0405  USD
common stock		Sale		20		44.9495  USD
common stock		Sale		19		44.9973  USD
common stock		Sale		17		44.8747  USD
common stock		Sale		12		43.7917  USD
common stock		Sale		11		44.9527  USD
common stock		Sale		11		44.8881  USD
common stock		Sale		11		44.9681  USD
common stock		Sale		6		45.4400  USD
common stock		Sale		6		45.0200  USD
common stock		Sale		6		44.9200  USD
common stock		Sale		5		45.0600  USD
common stock		Sale		5		44.9000  USD
common stock		Sale		4		44.9600  USD
common stock		Sale		3		40.1100  EUR
common stock		Sale		2		44.0500  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:				07 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