Form 8.3 -INTERNATIONAL PAPER COMPANY

Barclays PLC

15 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 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:				14 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:			812,004	0.23%	499,642	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:			1,104,466	0.32%	612,942	0.18%
(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		184,118		46.2050  USD
common stock		Purchase		120,000		45.0000  USD
common stock		Purchase		107,738		46.2300  USD
common stock		Purchase		103,210		46.1580  USD
common stock		Purchase		77,499		46.1058  USD
common stock		Purchase		25,063		46.4948  USD
common stock		Purchase		16,823		46.2061  USD
common stock		Purchase		15,270		46.2897  USD
common stock		Purchase		13,612		46.2386  USD
common stock		Purchase		13,200		45.8900  USD
common stock		Purchase		12,000		40.0000  USD
common stock		Purchase		9,791		46.0822  USD
common stock		Purchase		9,493		45.9257  USD
common stock		Purchase		7,789		46.5023  USD
common stock		Purchase		7,050		46.1016  USD
common stock		Purchase		6,000		37.5000  USD
common stock		Purchase		5,884		46.5011  USD
common stock		Purchase		5,513		46.5053  USD
common stock		Purchase		4,390		46.0201  USD
common stock		Purchase		4,316		46.3583  USD
common stock		Purchase		3,240		46.1850  USD
common stock		Purchase		3,159		46.2135  USD
common stock		Purchase		2,989		46.4915  USD
common stock		Purchase		2,814		46.2681  USD
common stock		Purchase		2,707		46.1200  USD
common stock		Purchase		2,328		45.8300  USD
common stock		Purchase		2,020		46.5195  USD
common stock		Purchase		1,918		46.1203  USD
common stock		Purchase		1,905		46.3580  USD
common stock		Purchase		1,878		46.4952  USD
common stock		Purchase		1,851		46.5127  USD
common stock		Purchase		1,606		46.2601  USD
common stock		Purchase		1,330		46.0034  USD
common stock		Purchase		1,329		46.0456  USD
common stock		Purchase		1,232		46.5069  USD
common stock		Purchase		1,206		45.8080  USD
common stock		Purchase		1,096		46.4790  USD
common stock		Purchase		1,035		46.0694  USD
common stock		Purchase		1,030		46.0907  USD
common stock		Purchase		1,000		46.4850  USD
common stock		Purchase		537		46.3466  USD
common stock		Purchase		513		46.4539  USD
common stock		Purchase		403		46.5125  USD
common stock		Purchase		330		46.4908  USD
common stock		Purchase		306		46.4611  USD
common stock		Purchase		300		46.5500  USD
common stock		Purchase		236		46.3900  USD
common stock		Purchase		215		45.3000  USD
common stock		Purchase		213		46.5418  USD
common stock		Purchase		191		46.1300  USD
common stock		Purchase		190		46.2241  USD
common stock		Purchase		177		45.9206  USD
common stock		Purchase		150		45.5800  USD
common stock		Purchase		150		45.2750  USD
common stock		Purchase		101		45.5598  USD
common stock		Purchase		100		45.5500  USD
common stock		Purchase		100		46.5300  USD
common stock		Purchase		75		45.7016  USD
common stock		Purchase		72		46.3977  USD
common stock		Purchase		60		45.4650  USD
common stock		Purchase		39		46.3928  USD
common stock		Purchase		29		46.4713  USD
common stock		Purchase		21		46.3200  USD
common stock		Purchase		11		46.1245  USD
common stock		Purchase		10		46.5420  USD
common stock		Purchase		5		46.3500  USD
common stock		Purchase		5		46.2380  USD
common stock		Purchase		2		45.2000  USD
common stock		Purchase		1		46.3650  USD
common stock		Purchase		1		46.4200  USD
common stock		Sale		161,607		46.2300  USD
common stock		Sale		123,348		46.1364  USD
common stock		Sale		92,872		46.2484  USD
common stock		Sale		71,781		46.1007  USD
common stock		Sale		25,615		46.2322  USD
common stock		Sale		22,796		46.2214  USD
common stock		Sale		16,907		46.1613  USD
common stock		Sale		13,200		45.8900  USD
common stock		Sale		13,070		46.1200  USD
common stock		Sale		12,863		46.2014  USD
common stock		Sale		9,145		46.2983  USD
common stock		Sale		8,991		46.1053  USD
common stock		Sale		8,410		46.2940  USD
common stock		Sale		8,192		46.1067  USD
common stock		Sale		7,232		46.1311  USD
common stock		Sale		7,050		46.1016  USD
common stock		Sale		6,372		45.7744  USD
common stock		Sale		5,900		46.1389  USD
common stock		Sale		4,481		46.1957  USD
common stock		Sale		4,011		46.5044  USD
common stock		Sale		3,248		46.1338  USD
common stock		Sale		3,240		46.1850  USD
common stock		Sale		3,159		46.2135  USD
common stock		Sale		3,090		45.9463  USD
common stock		Sale		3,036		46.5060  USD
common stock		Sale		2,940		45.5521  USD
common stock		Sale		2,446		46.1307  USD
common stock		Sale		2,328		45.8300  USD
common stock		Sale		2,020		46.5195  USD
common stock		Sale		1,686		46.3613  USD
common stock		Sale		1,482		46.4409  USD
common stock		Sale		1,382		46.4146  USD
common stock		Sale		1,201		46.0378  USD
common stock		Sale		1,200		46.0208  USD
common stock		Sale		1,170		46.0816  USD
common stock		Sale		1,096		46.4790  USD
common stock		Sale		1,069		46.1000  USD
common stock		Sale		1,000		46.4850  USD
common stock		Sale		958		46.0721  USD
common stock		Sale		751		46.0700  USD
common stock		Sale		700		46.1028  USD
common stock		Sale		700		46.3064  USD
common stock		Sale		612		46.3553  USD
common stock		Sale		600		46.1466  USD
common stock		Sale		528		46.1094  USD
common stock		Sale		462		46.2949  USD
common stock		Sale		451		46.3032  USD
common stock		Sale		400		45.7450  USD
common stock		Sale		375		46.1127  USD
common stock		Sale		300		46.0733  USD
common stock		Sale		260		45.3000  USD
common stock		Sale		236		46.3900  USD
common stock		Sale		205		46.0429  USD
common stock		Sale		203		46.3100  USD
common stock		Sale		200		46.5500  USD
common stock		Sale		200		46.0400  USD
common stock		Sale		200		46.2400  USD
common stock		Sale		190		46.3665  USD
common stock		Sale		150		45.5800  USD
common stock		Sale		107		46.1386  USD
common stock		Sale		100		45.9200  USD
common stock		Sale		100		45.9400  USD
common stock		Sale		100		45.9750  USD
common stock		Sale		100		46.5600  USD
common stock		Sale		100		46.0200  USD
common stock		Sale		75		45.7800  USD
common stock		Sale		16		46.0950  USD
common stock		Sale		11		46.1245  USD
common stock		Sale		10		45.9100  USD
common stock		Sale		7		46.1914  USD
common stock		Sale		5		46.1070  USD
common stock		Sale		4		46.1250  USD
common stock		Sale		4		46.1100  USD
common stock		Sale		3		45.9600  USD
common stock		Sale		3		46.5200  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
common stock	Call Options	Purchasing	120,000	45.0000  USD	American	16 Aug 2024	1.3000  USD
common stock	Call Options	Selling	138,000	43.0000  USD	American	16 Aug 2024	3.8000  USD
common stock	Call Options	Purchasing	12,000	40.0000  USD	American	16 Aug 2024	6.3500  USD
common stock	Call Options	Purchasing	6,000	38.0000  USD	American	16 Aug 2024	8.7000  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:				15 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