Form 8.3 - International Paper Company

Barclays PLC

11 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:				10 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:			830,613	0.24%	498,717	0.14%
(2)	Cash-settled derivatives:
	and/or controlled:			376,795	0.11%	0	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			123,800	0.04%	0	0.00%
	TOTAL:			1,331,208	0.38%	498,717	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		65,576		47.1007  USD
common stock		Purchase		38,565		47.1266  USD
common stock		Purchase		24,635		47.2039  USD
common stock		Purchase		20,283		47.2222  USD
common stock		Purchase		9,258		47.1447  USD
common stock		Purchase		7,625		47.2258  USD
common stock		Purchase		6,999		47.0600  USD
common stock		Purchase		6,746		47.1805  USD
common stock		Purchase		4,592		47.1980  USD
common stock		Purchase		3,193		47.2197  USD
common stock		Purchase		2,381		47.2294  USD
common stock		Purchase		1,923		47.2889  USD
common stock		Purchase		1,907		47.2153  USD
common stock		Purchase		1,640		47.2566  USD
common stock		Purchase		1,351		47.2595  USD
common stock		Purchase		1,300		47.2200  USD
common stock		Purchase		1,086		47.3495  USD
common stock		Purchase		1,032		47.2161  USD
common stock		Purchase		888		47.0624  USD
common stock		Purchase		600		47.2450  USD
common stock		Purchase		359		47.2386  USD
common stock		Purchase		297		47.0716  USD
common stock		Purchase		191		47.2290  USD
common stock		Purchase		190		47.0560  USD
common stock		Purchase		143		47.1460  USD
common stock		Purchase		140		47.0650  USD
common stock		Purchase		137		47.2000  USD
common stock		Purchase		104		47.1753  USD
common stock		Purchase		100		47.1800  USD
common stock		Purchase		80		47.3222  USD
common stock		Purchase		40		47.1400  USD
common stock		Purchase		30		47.2500  USD
common stock		Purchase		24		47.2400  USD
common stock		Purchase		13		47.0700  USD
common stock		Purchase		8		47.5000  USD
common stock		Purchase		7		47.1700  USD
common stock		Purchase		5		47.2800  USD
common stock		Sale		70,491		47.1638  USD
common stock		Sale		36,215		47.0610  USD
common stock		Sale		21,422		47.2364  USD
common stock		Sale		13,566		47.1463  USD
common stock		Sale		9,257		47.1001  USD
common stock		Sale		8,570		47.1703  USD
common stock		Sale		5,141		47.0600  USD
common stock		Sale		4,100		47.2031  USD
common stock		Sale		3,508		47.2237  USD
common stock		Sale		3,411		47.1512  USD
common stock		Sale		2,555		47.2747  USD
common stock		Sale		2,553		47.1675  USD
common stock		Sale		2,264		47.2536  USD
common stock		Sale		2,142		47.2270  USD
common stock		Sale		1,976		47.1517  USD
common stock		Sale		1,930		47.2361  USD
common stock		Sale		1,879		47.1203  USD
common stock		Sale		1,870		47.2141  USD
common stock		Sale		1,300		47.2200  USD
common stock		Sale		1,200		47.2083  USD
common stock		Sale		1,076		47.1404  USD
common stock		Sale		990		47.3457  USD
common stock		Sale		888		47.0624  USD
common stock		Sale		538		47.2228  USD
common stock		Sale		505		47.1863  USD
common stock		Sale		503		47.1809  USD
common stock		Sale		419		47.2946  USD
common stock		Sale		363		47.1405  USD
common stock		Sale		200		47.2150  USD
common stock		Sale		141		47.1975  USD
common stock		Sale		105		47.0595  USD
common stock		Sale		100		47.1900  USD
common stock		Sale		100		47.1200  USD
common stock		Sale		100		47.0800  USD
common stock		Sale		84		47.0515  USD
common stock		Sale		10		47.2750  USD
common stock		Sale		7		47.1700  USD
common stock		Sale		5		47.3100  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		Decreasing Long		2,611	47.0625  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:				11 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