Form 8.3 - International Paper Company

Barclays PLC
19 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:

18 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:

 

 

831,979

0.24%

483,501

0.14%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

368,663

0.11%

0

0.00%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

123,800

0.04%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

1,324,442

0.38%

483,501

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

57,387

49.6863  USD

common stock

Purchase

40,125

49.8750  USD

common stock

Purchase

23,048

49.8614  USD

common stock

Purchase

21,732

49.5400  USD

common stock

Purchase

21,696

50.2490  USD

common stock

Purchase

19,162

49.7604  USD

common stock

Purchase

15,398

49.8864  USD

common stock

Purchase

12,016

50.2643  USD

common stock

Purchase

10,547

49.8836  USD

common stock

Purchase

9,278

50.0190  USD

common stock

Purchase

9,206

49.5959  USD

common stock

Purchase

8,716

50.2658  USD

common stock

Purchase

6,152

49.8995  USD

common stock

Purchase

6,075

50.2463  USD

common stock

Purchase

6,074

50.2722  USD

common stock

Purchase

4,734

50.0499  USD

common stock

Purchase

3,948

50.2824  USD

common stock

Purchase

3,450

50.2720  USD

common stock

Purchase

2,680

49.8086  USD

common stock

Purchase

1,964

49.5737  USD

common stock

Purchase

1,764

50.2769  USD

common stock

Purchase

1,625

49.5450  USD

common stock

Purchase

1,421

50.2725  USD

common stock

Purchase

1,219

50.2358  USD

common stock

Purchase

1,168

49.8964  USD

common stock

Purchase

1,023

50.3193  USD

common stock

Purchase

995

50.0331  USD

common stock

Purchase

920

49.9876  USD

common stock

Purchase

825

49.8790  USD

common stock

Purchase

735

49.8629  USD

common stock

Purchase

670

49.8303  USD

common stock

Purchase

573

49.7671  USD

common stock

Purchase

494

49.9050  USD

common stock

Purchase

453

49.7642  USD

common stock

Purchase

400

49.6600  USD

common stock

Purchase

308

49.6218  USD

common stock

Purchase

286

49.7447  USD

common stock

Purchase

257

50.3073  USD

common stock

Purchase

249

49.7876  USD

common stock

Purchase

202

49.9888  USD

common stock

Purchase

158

50.2981  USD

common stock

Purchase

155

49.6890  USD

common stock

Purchase

140

50.2650  USD

common stock

Purchase

112

49.7525  USD

common stock

Purchase

100

49.7900  USD

common stock

Purchase

84

49.7616  USD

common stock

Purchase

79

49.9600  USD

common stock

Purchase

64

50.0934  USD

common stock

Purchase

54

49.5970  USD

common stock

Purchase

47

49.7534  USD

common stock

Purchase

46

50.1300  USD

common stock

Purchase

36

49.5583  USD

common stock

Purchase

31

49.8800  USD

common stock

Purchase

5

50.2200  USD

common stock

Sale

145,427

49.7960  USD

common stock

Sale

66,598

50.2617  USD

common stock

Sale

14,360

49.5400  USD

common stock

Sale

10,046

49.9972  USD

common stock

Sale

10,005

49.6580  USD

common stock

Sale

6,514

49.5403  USD

common stock

Sale

5,588

49.9078  USD

common stock

Sale

4,868

50.0800  USD

common stock

Sale

3,909

49.6518  USD

common stock

Sale

3,862

49.8697  USD

common stock

Sale

3,271

49.5524  USD

common stock

Sale

2,755

50.0155  USD

common stock

Sale

2,502

50.1331  USD

common stock

Sale

2,100

49.9376  USD

common stock

Sale

1,625

49.5450  USD

common stock

Sale

1,567

49.6427  USD

common stock

Sale

1,219

50.2358  USD

common stock

Sale

884

49.8671  USD

common stock

Sale

871

50.0223  USD

common stock

Sale

687

50.0426  USD

common stock

Sale

531

50.1398  USD

common stock

Sale

464

49.9111  USD

common stock

Sale

464

49.6853  USD

common stock

Sale

441

49.7467  USD

common stock

Sale

400

49.6600  USD

common stock

Sale

368

49.9260  USD

common stock

Sale

278

50.2756  USD

common stock

Sale

237

49.8882  USD

common stock

Sale

181

49.8833  USD

common stock

Sale

140

50.2650  USD

common stock

Sale

131

49.8100  USD

common stock

Sale

126

49.9361  USD

common stock

Sale

100

49.5500  USD

common stock

Sale

97

49.9554  USD

common stock

Sale

97

49.5300  USD

common stock

Sale

50

49.9900  USD

common stock

Sale

46

50.1300  USD

common stock

Sale

34

49.8900  USD

common stock

Sale

24

49.9745  USD

common stock

Sale

20

50.0325  USD

common stock

Sale

17

49.9300  USD

common stock

Sale

15

49.9566  USD

common stock

Sale

14

50.0200  USD

common stock

Sale

5

49.8000  USD

common stock

Sale

4

49.9400  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

597

49.5389  USD

common stock

SWAP

Decreasing Long

743

49.5425  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:

19 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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

Barclays (BARC)
UK 100

Latest directors dealings