Form 8.3 - INTERNATIONAL PAPER COMPANY

Barclays PLC

16 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:				15 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:			796,473	0.23%	428,863	0.12%
(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:			1,088,935	0.31%	542,163	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		243,528		46.8099  USD
common stock		Purchase		100,000		46.6069  USD
common stock		Purchase		69,173		46.8539  USD
common stock		Purchase		61,222		46.5676  USD
common stock		Purchase		43,229		46.5238  USD
common stock		Purchase		35,621		46.7885  USD
common stock		Purchase		34,669		46.8800  USD
common stock		Purchase		34,265		46.7333  USD
common stock		Purchase		32,888		46.7006  USD
common stock		Purchase		14,911		46.7707  USD
common stock		Purchase		7,750		46.8008  USD
common stock		Purchase		7,538		46.6771  USD
common stock		Purchase		6,977		46.7332  USD
common stock		Purchase		6,213		46.7482  USD
common stock		Purchase		4,996		46.8525  USD
common stock		Purchase		4,748		46.8421  USD
common stock		Purchase		4,741		46.7641  USD
common stock		Purchase		4,471		46.4642  USD
common stock		Purchase		3,700		47.0400  USD
common stock		Purchase		3,303		46.6661  USD
common stock		Purchase		2,831		46.7240  USD
common stock		Purchase		2,801		46.6522  USD
common stock		Purchase		2,742		46.7644  USD
common stock		Purchase		2,588		46.5805  USD
common stock		Purchase		2,459		46.7815  USD
common stock		Purchase		2,440		46.7380  USD
common stock		Purchase		1,802		46.6171  USD
common stock		Purchase		1,411		46.8613  USD
common stock		Purchase		1,180		46.6743  USD
common stock		Purchase		1,011		46.6948  USD
common stock		Purchase		900		47.0000  USD
common stock		Purchase		891		46.7227  USD
common stock		Purchase		800		46.6987  USD
common stock		Purchase		700		46.8385  USD
common stock		Purchase		550		46.8372  USD
common stock		Purchase		419		46.7165  USD
common stock		Purchase		410		47.0601  USD
common stock		Purchase		400		46.9075  USD
common stock		Purchase		400		46.9375  USD
common stock		Purchase		251		47.0554  USD
common stock		Purchase		198		47.0650  USD
common stock		Purchase		148		46.8000  USD
common stock		Purchase		28		46.5700  USD
common stock		Sale		118,404		46.8170  USD
common stock		Sale		70,606		46.8554  USD
common stock		Sale		69,462		46.6396  USD
common stock		Sale		65,486		46.8203  USD
common stock		Sale		61,222		46.5676  USD
common stock		Sale		50,368		46.8885  USD
common stock		Sale		48,355		46.6808  USD
common stock		Sale		44,273		46.8800  USD
common stock		Sale		26,199		46.7045  USD
common stock		Sale		19,011		46.7763  USD
common stock		Sale		15,042		46.8309  USD
common stock		Sale		10,022		46.7425  USD
common stock		Sale		9,100		46.7622  USD
common stock		Sale		7,802		46.5213  USD
common stock		Sale		7,644		46.5361  USD
common stock		Sale		6,283		46.5355  USD
common stock		Sale		5,557		46.5569  USD
common stock		Sale		5,001		46.5367  USD
common stock		Sale		4,296		46.7917  USD
common stock		Sale		4,200		46.6747  USD
common stock		Sale		3,712		46.6569  USD
common stock		Sale		3,700		47.0400  USD
common stock		Sale		3,200		46.7798  USD
common stock		Sale		2,888		46.5022  USD
common stock		Sale		2,831		46.7240  USD
common stock		Sale		2,820		46.5220  USD
common stock		Sale		2,703		46.6171  USD
common stock		Sale		2,496		46.7236  USD
common stock		Sale		2,440		46.7380  USD
common stock		Sale		2,314		46.7303  USD
common stock		Sale		1,715		46.6969  USD
common stock		Sale		1,518		46.5543  USD
common stock		Sale		1,411		46.8613  USD
common stock		Sale		1,389		46.7511  USD
common stock		Sale		939		46.5094  USD
common stock		Sale		935		46.5684  USD
common stock		Sale		900		47.0000  USD
common stock		Sale		889		46.7551  USD
common stock		Sale		834		46.7591  USD
common stock		Sale		736		46.4100  USD
common stock		Sale		550		46.8372  USD
common stock		Sale		449		46.5953  USD
common stock		Sale		449		46.4500  USD
common stock		Sale		400		46.4300  USD
common stock		Sale		400		46.8000  USD
common stock		Sale		400		46.9202  USD
common stock		Sale		395		46.5004  USD
common stock		Sale		300		46.7800  USD
common stock		Sale		298		46.7579  USD
common stock		Sale		287		46.8165  USD
common stock		Sale		217		46.5701  USD
common stock		Sale		213		46.4407  USD
common stock		Sale		212		46.7456  USD
common stock		Sale		202		46.7565  USD
common stock		Sale		178		46.6921  USD
common stock		Sale		148		46.8609  USD
common stock		Sale		133		47.0149  USD
common stock		Sale		100		46.7900  USD
common stock		Sale		100		46.5700  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	Put Options	Purchasing	14,600	50.0000  USD	American	17 Jan 2025	4.6500  USD
common stock	Call Options	Purchasing	200	53.0000  USD	American	17 Jan 2025	1.2500  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:				16 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