Form 8.3 - International Paper Company

Barclays PLC

12 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:				11 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:			822,278	0.24%	490,163	0.14%
(2)	Cash-settled derivatives:
	and/or controlled:			372,045	0.11%	0	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			123,800	0.04%	0	0.00%
	TOTAL:			1,318,123	0.38%	490,163	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		59,093		46.9580  USD
common stock		Purchase		54,629		46.8106  USD
common stock		Purchase		21,940		46.6781  USD
common stock		Purchase		15,418		47.1124  USD
common stock		Purchase		10,698		47.1300  USD
common stock		Purchase		7,796		46.7114  USD
common stock		Purchase		7,723		47.1227  USD
common stock		Purchase		6,530		46.7097  USD
common stock		Purchase		6,059		46.4463  USD
common stock		Purchase		5,026		47.1290  USD
common stock		Purchase		4,062		46.8720  USD
common stock		Purchase		4,023		46.6631  USD
common stock		Purchase		3,665		46.7045  USD
common stock		Purchase		2,554		46.7600  USD
common stock		Purchase		2,338		46.7472  USD
common stock		Purchase		1,680		46.6126  USD
common stock		Purchase		1,084		46.8359  USD
common stock		Purchase		600		46.4500  USD
common stock		Purchase		511		46.4752  USD
common stock		Purchase		300		47.1000  USD
common stock		Purchase		214		46.4331  USD
common stock		Purchase		200		46.4200  USD
common stock		Purchase		103		46.4585  USD
common stock		Purchase		101		46.4324  USD
common stock		Purchase		100		46.4100  USD
common stock		Purchase		97		46.4193  USD
common stock		Purchase		51		46.5223  USD
common stock		Purchase		40		47.0750  USD
common stock		Purchase		29		46.7900  USD
common stock		Purchase		13		47.1800  USD
common stock		Purchase		6		46.4400  USD
common stock		Purchase		4		46.7800  USD
common stock		Purchase		2		47.1600  USD
common stock		Purchase		1		47.0600  USD
common stock		Sale		86,176		46.8824  USD
common stock		Sale		20,068		46.5855  USD
common stock		Sale		18,713		46.9265  USD
common stock		Sale		12,243		47.0730  USD
common stock		Sale		12,130		46.9918  USD
common stock		Sale		12,069		47.1300  USD
common stock		Sale		7,723		47.1227  USD
common stock		Sale		7,370		47.1283  USD
common stock		Sale		7,003		46.5977  USD
common stock		Sale		5,026		47.1290  USD
common stock		Sale		4,869		46.4487  USD
common stock		Sale		4,055		46.8715  USD
common stock		Sale		3,766		46.6872  USD
common stock		Sale		2,654		46.7600  USD
common stock		Sale		2,625		46.5690  USD
common stock		Sale		2,207		46.6016  USD
common stock		Sale		2,012		46.7958  USD
common stock		Sale		1,900		46.6034  USD
common stock		Sale		1,630		46.5866  USD
common stock		Sale		1,137		46.5191  USD
common stock		Sale		853		46.8343  USD
common stock		Sale		753		46.9017  USD
common stock		Sale		662		46.9543  USD
common stock		Sale		600		46.4500  USD
common stock		Sale		545		46.4379  USD
common stock		Sale		300		47.1000  USD
common stock		Sale		291		47.1247  USD
common stock		Sale		200		46.5150  USD
common stock		Sale		146		46.6327  USD
common stock		Sale		100		46.4100  USD
common stock		Sale		100		46.5800  USD
common stock		Sale		97		46.4193  USD
common stock		Sale		40		47.0750  USD
common stock		Sale		33		47.1600  USD
common stock		Sale		29		46.4800  USD
common stock		Sale		24		46.4073  USD
common stock		Sale		14		46.4078  USD
common stock		Sale		12		46.5329  USD
common stock		Sale		12		47.1400  USD
common stock		Sale		7		46.3657  USD
common stock		Sale		7		46.4300  USD
common stock		Sale		5		46.4180  USD
common stock		Sale		3		47.1700  USD
common stock		Sale		2		46.4400  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		4,750	47.1325  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:				12 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