Form 8.3 - International Paper Company

Barclays PLC

30 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:			29 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:				812,212	0.23%	488,982	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:				1,085,955	0.31%	488,982	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	34,802	48.1877  USD
common stock	Purchase	33,344	48.1709  USD
common stock	Purchase	21,040	48.1355  USD
common stock	Purchase	16,195	48.1669  USD
common stock	Purchase	13,782	48.2258  USD
common stock	Purchase	9,758	48.1642  USD
common stock	Purchase	8,630	48.2319  USD
common stock	Purchase	8,434	48.2027  USD
common stock	Purchase	5,955	48.1101  USD
common stock	Purchase	4,333	48.1768  USD
common stock	Purchase	4,084	48.2132  USD
common stock	Purchase	3,899	48.1420  USD
common stock	Purchase	3,102	47.9728  USD
common stock	Purchase	2,466	48.1130  USD
common stock	Purchase	2,162	48.1100  USD
common stock	Purchase	1,712	48.3284  USD
common stock	Purchase	1,394	48.1552  USD
common stock	Purchase	1,332	48.2747  USD
common stock	Purchase	981	48.1157  USD
common stock	Purchase	970	48.1937  USD
common stock	Purchase	887	48.2379  USD
common stock	Purchase	811	48.2189  USD
common stock	Purchase	783	48.1563  USD
common stock	Purchase	568	48.1199  USD
common stock	Purchase	500	48.2900  USD
common stock	Purchase	400	48.2575  USD
common stock	Purchase	202	48.1574  USD
common stock	Purchase	200	48.1850  USD
common stock	Purchase	199	48.1281  USD
common stock	Purchase	180	48.1400  USD
common stock	Purchase	100	48.1598  USD
common stock	Purchase	47	48.1750  USD
common stock	Purchase	38	null
common stock	Purchase	37	48.4300  USD
common stock	Purchase	25	48.4284  USD
common stock	Purchase	5	48.2300  USD
common stock	Purchase	3	47.9550  USD
common stock	Purchase	3	48.4266  USD
common stock	Sale	74,683	48.1736  USD
common stock	Sale	47,694	48.2119  USD
common stock	Sale	12,139	48.1551  USD
common stock	Sale	9,860	48.1100  USD
common stock	Sale	6,804	48.1101  USD
common stock	Sale	5,953	48.2254  USD
common stock	Sale	4,363	48.1652  USD
common stock	Sale	4,153	48.2252  USD
common stock	Sale	2,900	47.9600  USD
common stock	Sale	2,481	48.1482  USD
common stock	Sale	2,466	48.1130  USD
common stock	Sale	2,104	48.0971  USD
common stock	Sale	1,877	48.1698  USD
common stock	Sale	1,345	48.1726  USD
common stock	Sale	1,169	48.2111  USD
common stock	Sale	981	48.1157  USD
common stock	Sale	932	48.2243  USD
common stock	Sale	404	48.1574  USD
common stock	Sale	382	48.2684  USD
common stock	Sale	272	48.1863  USD
common stock	Sale	222	48.3017  USD
common stock	Sale	209	48.1105  USD
common stock	Sale	151	48.0615  USD
common stock	Sale	134	48.1682  USD
common stock	Sale	130	48.0453  USD
common stock	Sale	118	48.1989  USD
common stock	Sale	100	47.9550  USD
common stock	Sale	100	48.1628  USD
common stock	Sale	99	48.1501  USD
common stock	Sale	98	48.2016  USD
common stock	Sale	91	48.1428  USD
common stock	Sale	80	48.1400  USD
common stock	Sale	58	48.1300  USD
common stock	Sale	58	48.1900  USD
common stock	Sale	47	48.1750  USD
common stock	Sale	40	48.0500  USD
common stock	Sale	38	48.2400  USD
common stock	Sale	19	48.4994  USD
common stock	Sale	5	48.2300  USD
common stock	Sale	4	48.1700  USD
common stock	Sale	4	48.1500  USD
common stock	Sale	2	48.3300  USD
common stock	Sale	1	48.1800  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	Purchasing	500	53.0000  USD	American	18 Oct 2024	0.4620  USD
common stock	Call Options	Selling	500	48.0000  USD	American	18 Oct 2024	2.2560  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:				30 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