Form 8.3 - International Paper Company

Barclays PLC

18 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:				17 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:			833,726	0.24%	495,648	0.14%
(2)	Cash-settled derivatives:
	and/or controlled:			368,809	0.11%	0	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			123,800	0.04%	0	0.00%
	TOTAL:			1,326,335	0.38%	495,648	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		95,343		49.6915  USD
common stock		Purchase		58,268		49.5213  USD
common stock		Purchase		32,360		49.4900  USD
common stock		Purchase		20,794		50.2462  USD
common stock		Purchase		18,824		49.6983  USD
common stock		Purchase		13,961		50.0133  USD
common stock		Purchase		11,868		49.9826  USD
common stock		Purchase		10,650		49.7801  USD
common stock		Purchase		4,645		49.6655  USD
common stock		Purchase		3,894		49.4921  USD
common stock		Purchase		3,872		49.5780  USD
common stock		Purchase		3,760		49.5805  USD
common stock		Purchase		3,245		49.8746  USD
common stock		Purchase		2,000		50.4590  USD
common stock		Purchase		1,928		50.3341  USD
common stock		Purchase		1,600		49.3700  USD
common stock		Purchase		1,394		49.6256  USD
common stock		Purchase		1,136		49.7686  USD
common stock		Purchase		1,120		50.0310  USD
common stock		Purchase		1,074		50.0933  USD
common stock		Purchase		967		50.0489  USD
common stock		Purchase		900		50.1388  USD
common stock		Purchase		600		50.4483  USD
common stock		Purchase		417		49.6269  USD
common stock		Purchase		409		50.4736  USD
common stock		Purchase		400		50.4600  USD
common stock		Purchase		400		50.2168  USD
common stock		Purchase		200		49.8800  USD
common stock		Purchase		200		50.4400  USD
common stock		Purchase		100		50.4200  USD
common stock		Purchase		100		49.8900  USD
common stock		Purchase		100		49.9700  USD
common stock		Purchase		63		50.0066  USD
common stock		Sale		85,781		49.5726  USD
common stock		Sale		44,022		49.5984  USD
common stock		Sale		23,388		49.4900  USD
common stock		Sale		21,229		49.7723  USD
common stock		Sale		13,480		50.4083  USD
common stock		Sale		10,596		49.9804  USD
common stock		Sale		9,110		49.7542  USD
common stock		Sale		6,676		49.4977  USD
common stock		Sale		6,444		50.3204  USD
common stock		Sale		6,051		49.7443  USD
common stock		Sale		5,988		49.8994  USD
common stock		Sale		5,934		49.9826  USD
common stock		Sale		5,380		49.9118  USD
common stock		Sale		5,265		49.9789  USD
common stock		Sale		4,934		49.4928  USD
common stock		Sale		4,078		49.6564  USD
common stock		Sale		3,804		50.0767  USD
common stock		Sale		3,126		50.0494  USD
common stock		Sale		2,200		49.6686  USD
common stock		Sale		2,082		49.9894  USD
common stock		Sale		1,928		50.3341  USD
common stock		Sale		1,675		49.7758  USD
common stock		Sale		1,600		49.3700  USD
common stock		Sale		1,190		50.0742  USD
common stock		Sale		1,120		50.0310  USD
common stock		Sale		1,004		49.7717  USD
common stock		Sale		914		49.9785  USD
common stock		Sale		900		50.1388  USD
common stock		Sale		865		49.9854  USD
common stock		Sale		793		49.9709  USD
common stock		Sale		705		49.5179  USD
common stock		Sale		549		49.9600  USD
common stock		Sale		440		49.4873  USD
common stock		Sale		410		49.9819  USD
common stock		Sale		400		50.2168  USD
common stock		Sale		337		49.5956  USD
common stock		Sale		319		49.5462  USD
common stock		Sale		300		50.1666  USD
common stock		Sale		221		49.9701  USD
common stock		Sale		200		50.0100  USD
common stock		Sale		175		49.5325  USD
common stock		Sale		164		49.5242  USD
common stock		Sale		146		49.9722  USD
common stock		Sale		132		49.7451  USD
common stock		Sale		100		49.2900  USD
common stock		Sale		100		49.4500  USD
common stock		Sale		100		50.0000  USD
common stock		Sale		100		49.5200  USD
common stock		Sale		100		49.5000  USD
common stock		Sale		87		49.4232  USD
common stock		Sale		37		49.5100  USD
common stock		Sale		7		50.1300  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		667	49.4874  USD
common stock		SWAP		Decreasing Long		730	49.4925  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:				18 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