Form 8.3 - International Paper Company

Barclays PLC

29 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  relevant securities this form relates:			INTERNATIONAL PAPER COMPANY
(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:			28 Aug 2024
(f)	In addition to the company in 1(c) above, is the discloser making  disclosures in respect of any other party to the offer?			YES:  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:				813,615	0.23%	488,978	0.14%
(2) Cash-settled derivatives:				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:				1,087,358	0.31%	488,978	0.14%
(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 PERSON MAKING THE DISCLOSURE
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Number of  securities	Price per unit
common stock	Purchase	60,577	48.5852  USD
common stock	Purchase	50,782	48.6971  USD
common stock	Purchase	29,826	48.5702  USD
common stock	Purchase	20,556	48.4900  USD
common stock	Purchase	20,020	48.6731  USD
common stock	Purchase	18,804	48.7935  USD
common stock	Purchase	10,236	48.6252  USD
common stock	Purchase	5,890	48.9131  USD
common stock	Purchase	3,285	48.5430  USD
common stock	Purchase	2,404	48.5718  USD
common stock	Purchase	2,373	48.8907  USD
common stock	Purchase	1,463	48.5455  USD
common stock	Purchase	863	48.5632  USD
common stock	Purchase	739	48.5278  USD
common stock	Purchase	711	48.4899  USD
common stock	Purchase	668	48.9325  USD
common stock	Purchase	647	48.9042  USD
common stock	Purchase	426	48.5273  USD
common stock	Purchase	424	48.8106  USD
common stock	Purchase	402	48.7288  USD
common stock	Purchase	359	48.7511  USD
common stock	Purchase	220	48.9550  USD
common stock	Purchase	200	48.7100  USD
common stock	Purchase	197	48.5942  USD
common stock	Purchase	178	48.5944  USD
common stock	Purchase	127	48.5300  USD
common stock	Purchase	100	48.4800  USD
common stock	Purchase	100	48.6300  USD
common stock	Purchase	88	49.0100  USD
common stock	Purchase	54	48.5000  USD
common stock	Purchase	25	48.9600  USD
common stock	Purchase	24	48.4500  USD
common stock	Purchase	12	48.5700  USD
common stock	Purchase	8	49.0900  USD
common stock	Sale	52,300	48.5951  USD
common stock	Sale	37,108	48.5564  USD
common stock	Sale	31,765	48.7675  USD
common stock	Sale	13,553	48.4920  USD
common stock	Sale	11,337	48.7499  USD
common stock	Sale	11,105	48.7528  USD
common stock	Sale	9,146	48.6372  USD
common stock	Sale	6,674	48.8937  USD
common stock	Sale	6,260	48.4900  USD
common stock	Sale	6,217	48.4887  USD
common stock	Sale	5,109	48.7477  USD
common stock	Sale	4,922	48.6371  USD
common stock	Sale	3,276	48.7887  USD
common stock	Sale	2,874	48.6140  USD
common stock	Sale	2,813	48.6476  USD
common stock	Sale	2,674	48.7594  USD
common stock	Sale	2,172	48.5779  USD
common stock	Sale	1,872	48.6386  USD
common stock	Sale	1,682	48.7184  USD
common stock	Sale	1,564	48.5875  USD
common stock	Sale	1,185	48.5625  USD
common stock	Sale	1,185	48.6214  USD
common stock	Sale	1,162	48.5931  USD
common stock	Sale	1,100	48.9164  USD
common stock	Sale	973	48.6075  USD
common stock	Sale	900	48.7366  USD
common stock	Sale	863	48.5632  USD
common stock	Sale	800	48.5725  USD
common stock	Sale	711	48.4899  USD
common stock	Sale	600	48.5200  USD
common stock	Sale	530	48.8492  USD
common stock	Sale	507	48.8651  USD
common stock	Sale	500	48.6490  USD
common stock	Sale	490	48.6818  USD
common stock	Sale	395	48.5485  USD
common stock	Sale	383	48.5908  USD
common stock	Sale	341	48.5412  USD
common stock	Sale	312	48.5364  USD
common stock	Sale	302	48.5432  USD
common stock	Sale	204	48.4800  USD
common stock	Sale	200	48.7000  USD
common stock	Sale	140	49.0459  USD
common stock	Sale	108	48.5251  USD
common stock	Sale	101	48.9512  USD
common stock	Sale	100	49.0800  USD
common stock	Sale	100	48.6300  USD
common stock	Sale	100	48.6100  USD
common stock	Sale	88	49.0100  USD
common stock	Sale	32	48.5700  USD
common stock	Sale	22	49.0500  USD
common stock	Sale	6	48.5525  USD
common stock	Sale	3	48.5400  USD
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
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	Option  money  paid/  received  per unit
common stock	Call Options	Selling	5,500	45.0000  USD	American	17 Jan 2025	5.8509  USD
common stock	Call Options	Selling	3,600	43.0000  USD	American	17 Jan 2025	7.3000  USD
common stock	Call Options	Selling	1,700	48.0000  USD	American	17 Jan 2025	4.1000  USD
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for  new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  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 person 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:				29 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213
SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
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  are being disclosed:				Barclays PLC.
Name of offeror/offeree in relation to whose  relevant securities this from relates:				INTERNATIONAL PAPER CO
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