Form 8.3 - International Paper Company

Barclays PLC

04 September 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:				03 Sep 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:			828,551	0.24%	485,625	0.14%
(2)	Cash-settled derivatives:
	and/or controlled:			367,390	0.11%	0	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			123,800	0.04%	0	0.00%
	TOTAL:			1,319,741	0.38%	485,625	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 EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
common stock		Purchase		62,305		47.8252  USD
common stock		Purchase		38,643		47.7700  USD
common stock		Purchase		31,222		48.0355  USD
common stock		Purchase		20,382		47.8135  USD
common stock		Purchase		17,399		47.8277  USD
common stock		Purchase		12,895		47.9795  USD
common stock		Purchase		11,113		47.9900  USD
common stock		Purchase		8,300		48.0442  USD
common stock		Purchase		7,714		47.9484  USD
common stock		Purchase		4,635		47.8889  USD
common stock		Purchase		4,368		47.9082  USD
common stock		Purchase		4,148		48.1165  USD
common stock		Purchase		3,852		47.7400  USD
common stock		Purchase		2,876		48.1164  USD
common stock		Purchase		2,692		47.7712  USD
common stock		Purchase		1,997		48.0421  USD
common stock		Purchase		1,509		48.0809  USD
common stock		Purchase		1,349		48.0239  USD
common stock		Purchase		839		48.1583  USD
common stock		Purchase		788		48.0251  USD
common stock		Purchase		649		48.0931  USD
common stock		Purchase		600		47.9075  USD
common stock		Purchase		557		48.0884  USD
common stock		Purchase		452		47.7655  USD
common stock		Purchase		400		47.9000  USD
common stock		Purchase		400		47.7587  USD
common stock		Purchase		219		47.8991  USD
common stock		Purchase		148		47.9138  USD
common stock		Purchase		118		48.1483  USD
common stock		Purchase		100		47.8850  USD
common stock		Purchase		100		48.0950  USD
common stock		Purchase		100		48.0400  USD
common stock		Purchase		100		47.9100  USD
common stock		Purchase		100		48.0900  USD
common stock		Purchase		100		48.1000  USD
common stock		Purchase		100		47.7450  USD
common stock		Purchase		100		47.9150  USD
common stock		Purchase		92		47.9376  USD
common stock		Purchase		81		47.8000  USD
common stock		Purchase		42		48.0800  USD
common stock		Purchase		40		48.1650  USD
common stock		Purchase		3		48.1200  USD
common stock		Sale		103,418		47.8946  USD
common stock		Sale		20,083		48.0900  USD
common stock		Sale		19,217		47.7700  USD
common stock		Sale		15,904		47.7964  USD
common stock		Sale		11,263		47.7820  USD
common stock		Sale		10,289		47.7702  USD
common stock		Sale		7,885		47.9512  USD
common stock		Sale		6,835		47.9599  USD
common stock		Sale		6,679		47.9649  USD
common stock		Sale		5,493		47.8409  USD
common stock		Sale		5,110		48.0254  USD
common stock		Sale		4,200		48.0190  USD
common stock		Sale		3,700		47.7400  USD
common stock		Sale		3,468		47.8762  USD
common stock		Sale		2,692		47.7712  USD
common stock		Sale		1,808		48.0002  USD
common stock		Sale		1,546		47.7906  USD
common stock		Sale		1,329		47.9300  USD
common stock		Sale		700		48.1750  USD
common stock		Sale		452		47.7655  USD
common stock		Sale		295		48.1426  USD
common stock		Sale		252		47.9400  USD
common stock		Sale		250		47.9243  USD
common stock		Sale		242		48.0849  USD
common stock		Sale		200		48.1550  USD
common stock		Sale		200		47.9275  USD
common stock		Sale		200		47.9200  USD
common stock		Sale		159		48.0045  USD
common stock		Sale		118		48.1483  USD
common stock		Sale		115		47.9950  USD
common stock		Sale		111		47.8594  USD
common stock		Sale		100		47.8950  USD
common stock		Sale		100		48.1700  USD
common stock		Sale		100		48.1000  USD
common stock		Sale		100		47.9150  USD
common stock		Sale		100		48.1600  USD
common stock		Sale		100		48.1300  USD
common stock		Sale		31		48.1100  USD
common stock		Sale		20		48.2100  USD
common stock		Sale		20		48.1650  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		181	47.7675  USD
common stock		SWAP		Decreasing Long		3,319	47.7725  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:				04 Sep 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