Form 8.3 - International Paper Company

Barclays PLC

20 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:				19 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:			763,930	0.22%	443,069	0.13%
(2)	Cash-settled derivatives:
	and/or controlled:			179,543	0.05%	0	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			123,800	0.04%	0	0.00%
	TOTAL:			1,067,273	0.31%	443,069	0.13%
(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		125,854		47.5394  USD
common stock		Purchase		31,180		47.5942  USD
common stock		Purchase		26,982		47.6219  USD
common stock		Purchase		23,563		47.3600  USD
common stock		Purchase		10,929		47.4249  USD
common stock		Purchase		7,976		47.4238  USD
common stock		Purchase		7,767		47.4240  USD
common stock		Purchase		7,400		47.5900  USD
common stock		Purchase		6,760		47.6300  USD
common stock		Purchase		4,389		47.6157  USD
common stock		Purchase		3,775		47.4814  USD
common stock		Purchase		3,474		47.4948  USD
common stock		Purchase		2,348		47.5337  USD
common stock		Purchase		1,972		47.4480  USD
common stock		Purchase		1,832		47.4218  USD
common stock		Purchase		1,365		47.3407  USD
common stock		Purchase		1,050		47.0800  USD
common stock		Purchase		916		47.3975  USD
common stock		Purchase		858		47.1814  USD
common stock		Purchase		772		47.4954  USD
common stock		Purchase		647		47.5242  USD
common stock		Purchase		600		47.5166  USD
common stock		Purchase		500		47.3840  USD
common stock		Purchase		458		47.2001  USD
common stock		Purchase		435		47.4506  USD
common stock		Purchase		412		47.6035  USD
common stock		Purchase		352		47.6257  USD
common stock		Purchase		300		47.5366  USD
common stock		Purchase		230		47.2458  USD
common stock		Purchase		200		47.1650  USD
common stock		Purchase		110		47.3200  USD
common stock		Purchase		105		47.3100  USD
common stock		Purchase		105		47.3195  USD
common stock		Purchase		100		47.1700  USD
common stock		Purchase		100		47.1400  USD
common stock		Purchase		100		47.5800  USD
common stock		Purchase		100		47.4600  USD
common stock		Purchase		100		47.1800  USD
common stock		Purchase		83		47.6199  USD
common stock		Purchase		35		47.0900  USD
common stock		Purchase		34		47.4300  USD
common stock		Purchase		25		47.3300  USD
common stock		Sale		60,010		47.5861  USD
common stock		Sale		46,500		47.4959  USD
common stock		Sale		28,830		47.6233  USD
common stock		Sale		26,135		47.6218  USD
common stock		Sale		23,563		47.3600  USD
common stock		Sale		10,929		47.4249  USD
common stock		Sale		10,555		47.4801  USD
common stock		Sale		9,387		47.6300  USD
common stock		Sale		8,386		47.5733  USD
common stock		Sale		8,128		47.4842  USD
common stock		Sale		7,826		47.4307  USD
common stock		Sale		7,815		47.4195  USD
common stock		Sale		6,929		47.4352  USD
common stock		Sale		3,858		47.5206  USD
common stock		Sale		3,775		47.4814  USD
common stock		Sale		3,636		47.6238  USD
common stock		Sale		3,100		47.3906  USD
common stock		Sale		2,100		47.0800  USD
common stock		Sale		1,973		47.5427  USD
common stock		Sale		1,716		47.1814  USD
common stock		Sale		1,320		47.3827  USD
common stock		Sale		1,138		47.3702  USD
common stock		Sale		1,120		47.4400  USD
common stock		Sale		1,007		47.1816  USD
common stock		Sale		986		47.4480  USD
common stock		Sale		937		47.4484  USD
common stock		Sale		865		47.4405  USD
common stock		Sale		517		47.3396  USD
common stock		Sale		500		47.5750  USD
common stock		Sale		450		47.4011  USD
common stock		Sale		400		47.4412  USD
common stock		Sale		400		47.4175  USD
common stock		Sale		349		47.4496  USD
common stock		Sale		257		47.5480  USD
common stock		Sale		256		47.3276  USD
common stock		Sale		254		47.4837  USD
common stock		Sale		229		47.5800  USD
common stock		Sale		164		47.3971  USD
common stock		Sale		119		47.3500  USD
common stock		Sale		118		47.5715  USD
common stock		Sale		106		47.4320  USD
common stock		Sale		100		47.5375  USD
common stock		Sale		100		47.5900  USD
common stock		Sale		100		47.3200  USD
common stock		Sale		84		47.6200  USD
common stock		Sale		74		47.5867  USD
common stock		Sale		39		47.6085  USD
common stock		Sale		29		47.5700  USD
common stock		Sale		27		47.4622  USD
common stock		Sale		25		47.4980  USD
common stock		Sale		22		47.5272  USD
common stock		Sale		5		47.4200  USD
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
common stock		SWAP		Increasing Long		10,881	47.3941  USD
(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	500	48.0000  USD	American	18 Oct 2024	2.1940  USD
common stock	Call Options	Selling	500	53.0000  USD	American	18 Oct 2024	0.4780  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:				20 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	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