Form 8.3 - International Paper Company

Barclays PLC

13 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  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:			12 Sep 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:				822,449	0.24%	489,348	0.14%
(2) Cash-settled derivatives:				367,532	0.11%	0	0.00%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				123,800	0.04%	0	0.00%
TOTAL:				1,313,781	0.38%	489,348	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	94,182	47.6893  USD
common stock	Purchase	37,014	47.8652  USD
common stock	Purchase	31,084	47.9400  USD
common stock	Purchase	30,029	47.8281  USD
common stock	Purchase	11,950	47.6316  USD
common stock	Purchase	10,189	47.8679  USD
common stock	Purchase	7,928	47.6765  USD
common stock	Purchase	6,626	47.7004  USD
common stock	Purchase	6,289	47.5025  USD
common stock	Purchase	1,920	47.6270  USD
common stock	Purchase	1,916	47.3716  USD
common stock	Purchase	1,283	47.6770  USD
common stock	Purchase	1,185	47.4602  USD
common stock	Purchase	1,028	47.4164  USD
common stock	Purchase	706	47.3500  USD
common stock	Purchase	669	47.5593  USD
common stock	Purchase	646	47.5612  USD
common stock	Purchase	597	47.5021  USD
common stock	Purchase	386	47.6378  USD
common stock	Purchase	300	48.0167  USD
common stock	Purchase	295	47.5901  USD
common stock	Purchase	292	47.6415  USD
common stock	Purchase	255	47.5349  USD
common stock	Purchase	189	47.6152  USD
common stock	Purchase	169	47.7878  USD
common stock	Purchase	150	47.6683  USD
common stock	Purchase	140	47.3085  USD
common stock	Purchase	134	47.6068  USD
common stock	Purchase	43	42.8600  EUR
common stock	Purchase	4	47.3400  USD
common stock	Purchase	2	47.5500  USD
common stock	Sale	39,412	47.8335  USD
common stock	Sale	34,131	47.9400  USD
common stock	Sale	28,542	47.6622  USD
common stock	Sale	28,253	47.6926  USD
common stock	Sale	25,312	47.9216  USD
common stock	Sale	13,019	47.7625  USD
common stock	Sale	12,617	47.6391  USD
common stock	Sale	11,811	47.6335  USD
common stock	Sale	11,252	47.6555  USD
common stock	Sale	8,514	47.5728  USD
common stock	Sale	6,010	47.5191  USD
common stock	Sale	5,676	47.9382  USD
common stock	Sale	4,615	47.7315  USD
common stock	Sale	4,004	47.5415  USD
common stock	Sale	3,825	47.9058  USD
common stock	Sale	2,011	47.6290  USD
common stock	Sale	1,920	47.6270  USD
common stock	Sale	1,916	47.3716  USD
common stock	Sale	1,018	47.7897  USD
common stock	Sale	892	47.4489  USD
common stock	Sale	701	47.4336  USD
common stock	Sale	600	47.3100  USD
common stock	Sale	541	47.8234  USD
common stock	Sale	414	47.5417  USD
common stock	Sale	408	47.8592  USD
common stock	Sale	300	47.5100  USD
common stock	Sale	300	48.0167  USD
common stock	Sale	292	47.6415  USD
common stock	Sale	257	47.7578  USD
common stock	Sale	218	47.9459  USD
common stock	Sale	200	47.8050  USD
common stock	Sale	169	47.7878  USD
common stock	Sale	150	47.6683  USD
common stock	Sale	101	47.3009  USD
common stock	Sale	100	47.8300  USD
common stock	Sale	70	47.3086  USD
common stock	Sale	70	47.3085  USD
common stock	Sale	43	42.8600  EUR
common stock	Sale	2	47.9300  USD
common stock	Sale	1	48.0150  USD
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
common stock	SWAP	Decreasing Long	4,513	47.9424  USD
(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	Put Options	Purchasing	50,000	48.0000  USD	American	20 Jun 2025	4.0000  USD
common stock	Call Options	Purchasing	50,000	53.0000  USD	American	20 Jun 2025	2.2500  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:				13 Sep 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