Form 8.3 - International Paper Company

Barclays PLC

17 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:			16 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:				821,925	0.24%	457,859	0.13%
(2) Cash-settled derivatives:				368,872	0.11%	0	0.00%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				123,800	0.04%	0	0.00%
TOTAL:				1,314,597	0.38%	457,859	0.13%
(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	111,443	49.8067  USD
common stock	Purchase	54,449	49.7606  USD
common stock	Purchase	42,105	49.8300  USD
common stock	Purchase	34,516	49.6013  USD
common stock	Purchase	23,750	49.6360  USD
common stock	Purchase	15,251	49.5632  USD
common stock	Purchase	10,085	49.1682  USD
common stock	Purchase	9,608	49.8297  USD
common stock	Purchase	8,878	49.6985  USD
common stock	Purchase	8,457	49.6366  USD
common stock	Purchase	8,255	49.7710  USD
common stock	Purchase	5,706	49.7923  USD
common stock	Purchase	5,450	49.1074  USD
common stock	Purchase	2,773	49.2354  USD
common stock	Purchase	2,300	49.9200  USD
common stock	Purchase	2,216	49.5152  USD
common stock	Purchase	2,039	49.7251  USD
common stock	Purchase	1,815	49.9032  USD
common stock	Purchase	1,493	49.7808  USD
common stock	Purchase	1,065	49.8704  USD
common stock	Purchase	1,000	49.8505  USD
common stock	Purchase	890	49.6622  USD
common stock	Purchase	808	49.5518  USD
common stock	Purchase	743	49.7597  USD
common stock	Purchase	550	49.8581  USD
common stock	Purchase	500	49.8270  USD
common stock	Purchase	500	49.6320  USD
common stock	Purchase	500	49.1560  USD
common stock	Purchase	442	49.8401  USD
common stock	Purchase	420	49.8347  USD
common stock	Purchase	400	49.7125  USD
common stock	Purchase	300	49.7966  USD
common stock	Purchase	300	49.3183  USD
common stock	Purchase	201	49.1299  USD
common stock	Purchase	200	49.8125  USD
common stock	Purchase	200	49.9850  USD
common stock	Purchase	200	49.7500  USD
common stock	Purchase	200	49.1780  USD
common stock	Purchase	179	49.5472  USD
common stock	Purchase	100	49.0000  USD
common stock	Purchase	100	49.9100  USD
common stock	Purchase	100	49.2800  USD
common stock	Purchase	73	49.8400  USD
common stock	Purchase	39	49.7400  USD
common stock	Purchase	30	49.1000  USD
common stock	Purchase	12	49.9500  USD
common stock	Purchase	10	49.0400  USD
common stock	Purchase	10	49.4900  USD
common stock	Purchase	2	49.5975  USD
common stock	Purchase	2	49.1200  USD
common stock	Sale	100,411	49.7111  USD
common stock	Sale	32,999	49.8416  USD
common stock	Sale	32,378	49.8300  USD
common stock	Sale	23,493	49.7653  USD
common stock	Sale	22,416	49.7187  USD
common stock	Sale	20,908	49.9113  USD
common stock	Sale	18,015	49.6560  USD
common stock	Sale	14,767	49.6357  USD
common stock	Sale	10,085	49.1682  USD
common stock	Sale	9,608	49.8297  USD
common stock	Sale	8,423	49.6476  USD
common stock	Sale	7,126	49.4799  USD
common stock	Sale	6,616	49.7771  USD
common stock	Sale	6,422	49.7470  USD
common stock	Sale	5,450	49.1074  USD
common stock	Sale	4,571	49.7591  USD
common stock	Sale	4,085	49.7434  USD
common stock	Sale	3,100	49.4419  USD
common stock	Sale	2,892	49.0389  USD
common stock	Sale	2,773	49.2354  USD
common stock	Sale	2,300	49.9200  USD
common stock	Sale	2,039	49.7251  USD
common stock	Sale	1,996	49.2565  USD
common stock	Sale	1,645	49.9116  USD
common stock	Sale	1,416	49.7100  USD
common stock	Sale	1,000	49.9000  USD
common stock	Sale	976	49.4355  USD
common stock	Sale	600	49.0458  USD
common stock	Sale	597	49.8435  USD
common stock	Sale	596	49.8697  USD
common stock	Sale	577	49.7911  USD
common stock	Sale	500	49.1560  USD
common stock	Sale	488	49.8517  USD
common stock	Sale	300	49.0533  USD
common stock	Sale	300	49.3183  USD
common stock	Sale	296	48.9902  USD
common stock	Sale	201	49.1299  USD
common stock	Sale	200	49.1780  USD
common stock	Sale	200	49.9150  USD
common stock	Sale	194	49.8439  USD
common stock	Sale	147	49.0357  USD
common stock	Sale	120	49.9066  USD
common stock	Sale	102	49.0007  USD
common stock	Sale	100	49.0000  USD
common stock	Sale	100	49.8100  USD
common stock	Sale	79	49.0189  USD
common stock	Sale	58	49.0100  USD
common stock	Sale	30	49.1000  USD
common stock	Sale	13	49.9934  USD
common stock	Sale	12	49.9500  USD
common stock	Sale	10	49.0400  USD
common stock	Sale	7	49.8500  USD
common stock	Sale	5	49.2650  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	Increasing Long	4,974	49.0183  USD
common stock	SWAP	Decreasing Long	421	49.8324  USD
common stock	SWAP	Decreasing Long	2,903	49.8325  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
(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:				17 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