Form 8.3 - International Paper Company

Barclays PLC

16 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:				13 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:			816,117	0.23%	484,286	0.14%
(2)	Cash-settled derivatives:
	and/or controlled:			367,222	0.11%	0	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			123,800	0.04%	0	0.00%
	TOTAL:			1,307,139	0.38%	484,286	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		85,621		48.8184  USD
common stock		Purchase		37,676		48.7000  USD
common stock		Purchase		33,232		48.7561  USD
common stock		Purchase		16,222		48.8269  USD
common stock		Purchase		11,712		48.8805  USD
common stock		Purchase		9,646		48.6906  USD
common stock		Purchase		9,302		48.7283  USD
common stock		Purchase		7,489		48.7458  USD
common stock		Purchase		5,741		48.9147  USD
common stock		Purchase		5,700		48.7500  USD
common stock		Purchase		3,706		48.7667  USD
common stock		Purchase		3,699		48.7021  USD
common stock		Purchase		2,206		48.8925  USD
common stock		Purchase		1,809		48.7639  USD
common stock		Purchase		1,481		48.9152  USD
common stock		Purchase		1,336		49.1107  USD
common stock		Purchase		1,097		48.8917  USD
common stock		Purchase		959		48.9534  USD
common stock		Purchase		835		48.6999  USD
common stock		Purchase		807		48.8128  USD
common stock		Purchase		800		48.9362  USD
common stock		Purchase		694		48.9706  USD
common stock		Purchase		597		48.7254  USD
common stock		Purchase		500		48.9620  USD
common stock		Purchase		500		48.8915  USD
common stock		Purchase		300		48.9366  USD
common stock		Purchase		279		48.7200  USD
common stock		Purchase		200		48.8400  USD
common stock		Purchase		200		49.0000  USD
common stock		Purchase		144		48.8934  USD
common stock		Purchase		120		48.7472  USD
common stock		Purchase		105		48.8350  USD
common stock		Purchase		100		48.8900  USD
common stock		Purchase		100		48.9350  USD
common stock		Purchase		81		48.7900  USD
common stock		Purchase		68		48.8300  USD
common stock		Purchase		24		48.7800  USD
common stock		Purchase		18		48.8800  USD
common stock		Purchase		7		48.8700  USD
common stock		Sale		30,263		48.7193  USD
common stock		Sale		28,186		48.7599  USD
common stock		Sale		27,538		48.7000  USD
common stock		Sale		25,624		48.8260  USD
common stock		Sale		12,581		48.8167  USD
common stock		Sale		10,455		48.8497  USD
common stock		Sale		10,367		48.8007  USD
common stock		Sale		9,510		48.8511  USD
common stock		Sale		8,810		48.8640  USD
common stock		Sale		8,256		48.7722  USD
common stock		Sale		7,489		48.7458  USD
common stock		Sale		7,382		48.8176  USD
common stock		Sale		7,203		48.8952  USD
common stock		Sale		7,094		49.0366  USD
common stock		Sale		5,786		48.7044  USD
common stock		Sale		5,700		48.7500  USD
common stock		Sale		5,298		48.7116  USD
common stock		Sale		3,924		48.8884  USD
common stock		Sale		3,706		48.7667  USD
common stock		Sale		2,600		48.8646  USD
common stock		Sale		2,243		48.7237  USD
common stock		Sale		2,120		48.7732  USD
common stock		Sale		1,431		48.7673  USD
common stock		Sale		1,165		48.7361  USD
common stock		Sale		972		48.9462  USD
common stock		Sale		900		48.8888  USD
common stock		Sale		739		48.7756  USD
common stock		Sale		691		48.9714  USD
common stock		Sale		681		48.9004  USD
common stock		Sale		664		48.9807  USD
common stock		Sale		500		48.8915  USD
common stock		Sale		428		48.7498  USD
common stock		Sale		380		48.7341  USD
common stock		Sale		365		48.7483  USD
common stock		Sale		279		48.7200  USD
common stock		Sale		258		48.7300  USD
common stock		Sale		231		48.7860  USD
common stock		Sale		210		48.8350  USD
common stock		Sale		200		49.0000  USD
common stock		Sale		175		48.8950  USD
common stock		Sale		159		48.6900  USD
common stock		Sale		140		48.8100  USD
common stock		Sale		120		48.7472  USD
common stock		Sale		114		48.7324  USD
common stock		Sale		100		48.8900  USD
common stock		Sale		100		48.9350  USD
common stock		Sale		100		48.7700  USD
common stock		Sale		100		48.8000  USD
common stock		Sale		85		48.8200  USD
common stock		Sale		7		48.7071  USD
common stock		Sale		3		48.8033  USD
common stock		Sale		2		48.7650  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		3,692	48.7387  USD
common stock		SWAP		Decreasing Long		4,002	48.7025  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:				16 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