Form 8.3 -INTERNATIONAL PAPER COMPANY

Barclays PLC

20 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:

 

END