Form 8.3 - International Paper Company

Barclays PLC

10 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:				09 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:			831,880	0.24%	504,854	0.15%
(2)	Cash-settled derivatives:
	and/or controlled:			379,406	0.11%	0	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			123,800	0.04%	0	0.00%
	TOTAL:			1,335,086	0.38%	504,854	0.15%
(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		57,989		47.6228  USD
common stock		Purchase		53,955		47.4722  USD
common stock		Purchase		18,091		47.3719  USD
common stock		Purchase		16,747		47.6088  USD
common stock		Purchase		12,691		47.6100  USD
common stock		Purchase		9,058		47.4627  USD
common stock		Purchase		8,990		47.6180  USD
common stock		Purchase		8,127		47.6236  USD
common stock		Purchase		7,800		47.5900  USD
common stock		Purchase		6,357		47.6294  USD
common stock		Purchase		4,232		47.0600  USD
common stock		Purchase		3,576		47.4688  USD
common stock		Purchase		3,395		47.5290  USD
common stock		Purchase		2,320		47.5314  USD
common stock		Purchase		1,881		47.5014  USD
common stock		Purchase		1,881		47.5015  USD
common stock		Purchase		1,142		47.6449  USD
common stock		Purchase		1,060		47.4046  USD
common stock		Purchase		1,051		47.5819  USD
common stock		Purchase		760		47.4163  USD
common stock		Purchase		544		47.4921  USD
common stock		Purchase		466		47.5478  USD
common stock		Purchase		447		47.4869  USD
common stock		Purchase		332		47.5697  USD
common stock		Purchase		300		47.7683  USD
common stock		Purchase		300		47.7733  USD
common stock		Purchase		253		47.4800  USD
common stock		Purchase		196		47.5562  USD
common stock		Purchase		111		47.6000  USD
common stock		Purchase		103		47.4593  USD
common stock		Purchase		95		47.5468  USD
common stock		Purchase		40		47.2000  USD
common stock		Purchase		27		47.5051  USD
common stock		Purchase		21		47.5504  USD
common stock		Purchase		14		47.5150  USD
common stock		Purchase		3		47.8200  USD
common stock		Purchase		1		47.5700  USD
common stock		Sale		66,565		47.4453  USD
common stock		Sale		28,328		47.6100  USD
common stock		Sale		22,428		47.6485  USD
common stock		Sale		15,978		47.6076  USD
common stock		Sale		13,145		47.6097  USD
common stock		Sale		7,800		47.5900  USD
common stock		Sale		7,561		47.4597  USD
common stock		Sale		6,127		47.4435  USD
common stock		Sale		4,699		47.6105  USD
common stock		Sale		4,490		47.5826  USD
common stock		Sale		4,370		47.6201  USD
common stock		Sale		4,232		47.0600  USD
common stock		Sale		4,197		47.6644  USD
common stock		Sale		4,171		47.5885  USD
common stock		Sale		3,660		47.6045  USD
common stock		Sale		3,407		47.5359  USD
common stock		Sale		1,931		47.5247  USD
common stock		Sale		1,881		47.5014  USD
common stock		Sale		1,393		47.4703  USD
common stock		Sale		1,308		47.6220  USD
common stock		Sale		1,160		47.5314  USD
common stock		Sale		898		47.5193  USD
common stock		Sale		729		47.4902  USD
common stock		Sale		700		47.5007  USD
common stock		Sale		700		47.5121  USD
common stock		Sale		626		47.5036  USD
common stock		Sale		555		47.5000  USD
common stock		Sale		543		47.5414  USD
common stock		Sale		466		47.5478  USD
common stock		Sale		451		47.5833  USD
common stock		Sale		372		47.6576  USD
common stock		Sale		335		47.6810  USD
common stock		Sale		300		47.7683  USD
common stock		Sale		300		47.7733  USD
common stock		Sale		284		47.4145  USD
common stock		Sale		284		47.4392  USD
common stock		Sale		258		47.4800  USD
common stock		Sale		227		47.5415  USD
common stock		Sale		220		47.4100  USD
common stock		Sale		215		47.4946  USD
common stock		Sale		147		47.3857  USD
common stock		Sale		144		47.7662  USD
common stock		Sale		124		47.6046  USD
common stock		Sale		105		47.5814  USD
common stock		Sale		103		47.4593  USD
common stock		Sale		100		47.5200  USD
common stock		Sale		100		47.5550  USD
common stock		Sale		100		47.5700  USD
common stock		Sale		96		47.5575  USD
common stock		Sale		91		47.4285  USD
common stock		Sale		32		47.5500  USD
common stock		Sale		14		47.5150  USD
common stock		Sale		10		47.3000  USD
common stock		Sale		5		47.6200  USD
common stock		Sale		5		47.3500  USD
common stock		Sale		5		47.1900  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		140	47.6075  USD
common stock		SWAP		Decreasing Long		2,053	47.6124  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:				10 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