Form 8.3 - International Paper Company

Barclays PLC

21 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:				20 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:			763,141	0.22%	442,382	0.13%
(2)	Cash-settled derivatives:
	and/or controlled:			149,943	0.04%	0	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			123,800	0.04%	0	0.00%
	TOTAL:			1,036,884	0.30%	442,382	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		60,035		47.4596  USD
common stock		Purchase		42,971		47.4480  USD
common stock		Purchase		35,392		47.4125  USD
common stock		Purchase		31,632		47.4963  USD
common stock		Purchase		19,071		47.4832  USD
common stock		Purchase		12,260		47.4967  USD
common stock		Purchase		11,273		47.5172  USD
common stock		Purchase		9,468		47.4477  USD
common stock		Purchase		8,818		47.4360  USD
common stock		Purchase		8,236		47.5021  USD
common stock		Purchase		7,560		47.3961  USD
common stock		Purchase		6,980		47.4971  USD
common stock		Purchase		3,434		47.4812  USD
common stock		Purchase		3,323		47.4500  USD
common stock		Purchase		2,875		47.5238  USD
common stock		Purchase		2,604		47.4922  USD
common stock		Purchase		2,413		47.4668  USD
common stock		Purchase		2,400		47.3995  USD
common stock		Purchase		2,186		47.4893  USD
common stock		Purchase		1,847		47.4463  USD
common stock		Purchase		1,200		47.4858  USD
common stock		Purchase		1,194		47.4060  USD
common stock		Purchase		1,001		47.4982  USD
common stock		Purchase		780		47.4920  USD
common stock		Purchase		488		47.5071  USD
common stock		Purchase		375		47.3814  USD
common stock		Purchase		364		47.7100  USD
common stock		Purchase		350		47.3500  USD
common stock		Purchase		326		47.3763  USD
common stock		Purchase		300		47.5100  USD
common stock		Purchase		213		47.4806  USD
common stock		Purchase		201		47.5091  USD
common stock		Purchase		200		47.6050  USD
common stock		Purchase		200		47.4450  USD
common stock		Purchase		200		47.7300  USD
common stock		Purchase		130		47.6800  USD
common stock		Purchase		100		47.3900  USD
common stock		Purchase		5		47.5000  USD
common stock		Purchase		2		47.4000  USD
common stock		Sale		47,742		47.4428  USD
common stock		Sale		42,908		47.4563  USD
common stock		Sale		35,392		47.4125  USD
common stock		Sale		31,632		47.4963  USD
common stock		Sale		18,246		47.4500  USD
common stock		Sale		17,198		47.4392  USD
common stock		Sale		12,760		47.4667  USD
common stock		Sale		11,756		47.5007  USD
common stock		Sale		8,094		47.5112  USD
common stock		Sale		5,851		47.4842  USD
common stock		Sale		4,658		47.3851  USD
common stock		Sale		4,046		47.5225  USD
common stock		Sale		3,989		47.4749  USD
common stock		Sale		3,255		47.4945  USD
common stock		Sale		3,014		47.4556  USD
common stock		Sale		2,895		47.4698  USD
common stock		Sale		2,747		47.4699  USD
common stock		Sale		2,497		47.3713  USD
common stock		Sale		2,306		47.3935  USD
common stock		Sale		2,300		47.4000  USD
common stock		Sale		2,150		47.4198  USD
common stock		Sale		2,042		47.3880  USD
common stock		Sale		1,749		47.4043  USD
common stock		Sale		1,707		47.3407  USD
common stock		Sale		1,527		47.4013  USD
common stock		Sale		1,497		47.5049  USD
common stock		Sale		1,426		47.3794  USD
common stock		Sale		1,321		47.4112  USD
common stock		Sale		1,225		47.3588  USD
common stock		Sale		900		47.3822  USD
common stock		Sale		831		47.4180  USD
common stock		Sale		607		47.4658  USD
common stock		Sale		500		47.4190  USD
common stock		Sale		500		47.4300  USD
common stock		Sale		477		47.4533  USD
common stock		Sale		379		47.7100  USD
common stock		Sale		308		47.4200  USD
common stock		Sale		307		47.4360  USD
common stock		Sale		300		47.5533  USD
common stock		Sale		300		47.6233  USD
common stock		Sale		200		47.3600  USD
common stock		Sale		200		47.4450  USD
common stock		Sale		200		47.4400  USD
common stock		Sale		200		47.7300  USD
common stock		Sale		115		47.4278  USD
common stock		Sale		100		47.4600  USD
common stock		Sale		100		47.3900  USD
common stock		Sale		81		47.4914  USD
common stock		Sale		46		47.4100  USD
common stock		Sale		26		47.6800  USD
common stock		Sale		10		47.4800  USD
common stock		Sale		5		47.5000  USD
common stock		Sale		3		47.5200  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 Short		29600	47.4500  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
(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:				21 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