Form 8.3 - INTERNATIONAL PAPER COMPANY

Barclays PLC

14 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:				13 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:			800,407	0.23%	470,966	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:			123,800	0.04%	113,300	0.03%
	TOTAL:			1,092,869	0.31%	584,266	0.17%
(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		133,452		45.1481  USD
common stock		Purchase		59,760		45.2109  USD
common stock		Purchase		35,516		45.2227  USD
common stock		Purchase		30,668		44.8488  USD
common stock		Purchase		19,832		44.9064  USD
common stock		Purchase		14,373		44.7223  USD
common stock		Purchase		12,857		45.0245  USD
common stock		Purchase		10,444		44.7984  USD
common stock		Purchase		9,300		45.3000  USD
common stock		Purchase		6,111		44.8876  USD
common stock		Purchase		5,284		45.1868  USD
common stock		Purchase		4,650		44.7520  USD
common stock		Purchase		4,638		45.0627  USD
common stock		Purchase		4,531		45.0279  USD
common stock		Purchase		3,528		44.8611  USD
common stock		Purchase		3,238		44.9113  USD
common stock		Purchase		2,157		45.0026  USD
common stock		Purchase		2,006		44.9068  USD
common stock		Purchase		1,622		44.8453  USD
common stock		Purchase		1,574		45.2904  USD
common stock		Purchase		1,347		44.8013  USD
common stock		Purchase		1,333		44.7885  USD
common stock		Purchase		1,294		44.8975  USD
common stock		Purchase		1,156		44.6579  USD
common stock		Purchase		1,032		44.7579  USD
common stock		Purchase		968		44.8352  USD
common stock		Purchase		900		45.0186  USD
common stock		Purchase		470		44.9662  USD
common stock		Purchase		403		44.8736  USD
common stock		Purchase		359		45.1139  USD
common stock		Purchase		301		44.8282  USD
common stock		Purchase		300		44.8866  USD
common stock		Purchase		280		44.7750  USD
common stock		Purchase		270		45.1079  USD
common stock		Purchase		100		44.5400  USD
common stock		Purchase		100		44.6400  USD
common stock		Purchase		100		44.9400  USD
common stock		Purchase		95		44.9000  USD
common stock		Purchase		62		44.8900  USD
common stock		Purchase		47		44.9140  USD
common stock		Purchase		20		45.2300  USD
common stock		Purchase		2		45.1500  USD
common stock		Sale		62,728		45.1917  USD
common stock		Sale		57,490		45.0823  USD
common stock		Sale		54,527		45.1929  USD
common stock		Sale		30,668		44.8488  USD
common stock		Sale		28,716		45.2289  USD
common stock		Sale		18,327		44.8985  USD
common stock		Sale		14,373		44.7223  USD
common stock		Sale		13,033		45.0256  USD
common stock		Sale		9,554		45.2369  USD
common stock		Sale		9,300		45.3000  USD
common stock		Sale		8,913		44.6703  USD
common stock		Sale		8,278		45.1824  USD
common stock		Sale		7,442		44.8775  USD
common stock		Sale		6,968		45.2086  USD
common stock		Sale		3,901		45.0074  USD
common stock		Sale		3,595		45.0248  USD
common stock		Sale		3,383		44.7897  USD
common stock		Sale		3,071		45.2620  USD
common stock		Sale		3,062		44.6619  USD
common stock		Sale		2,173		45.1406  USD
common stock		Sale		1,937		45.1764  USD
common stock		Sale		1,871		45.2300  USD
common stock		Sale		1,574		45.2904  USD
common stock		Sale		1,365		45.2910  USD
common stock		Sale		968		44.8352  USD
common stock		Sale		900		45.0186  USD
common stock		Sale		790		45.1483  USD
common stock		Sale		637		44.9593  USD
common stock		Sale		402		44.9293  USD
common stock		Sale		400		44.7387  USD
common stock		Sale		323		45.2103  USD
common stock		Sale		281		45.2370  USD
common stock		Sale		271		45.1154  USD
common stock		Sale		230		44.9915  USD
common stock		Sale		227		45.2206  USD
common stock		Sale		200		44.7400  USD
common stock		Sale		140		44.7750  USD
common stock		Sale		104		45.3488  USD
common stock		Sale		100		45.1600  USD
common stock		Sale		100		44.6400  USD
common stock		Sale		58		44.8500  USD
common stock		Sale		48		44.8550  USD
common stock		Sale		34		44.8700  USD
common stock		Sale		20		44.7775  USD
common stock		Sale		17		44.7700  USD
common stock		Sale		11		44.7481  USD
common stock		Sale		11		45.2700  USD
common stock		Sale		2		44.5200  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:				14 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	-88,600	45.0000	American	16 Aug 2024
common stock	Put Options	Purchased	-24,700	43.0000	American	16 Aug 2024
common stock	Put Options	Written	123,800	45.0000	American	20 Sep 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