Form 8.3 - International Paper Company

Barclays PLC
14 October 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:

11 Oct 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:

 

 

856,860

0.25%

408,812

0.12%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

315,637

0.09%

0

0.00%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

1,172,497

0.34%

408,812

0.12%

(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

131,368

48.0762  USD

common stock

Purchase

58,504

48.1900  USD

common stock

Purchase

41,510

48.0734  USD

common stock

Purchase

38,974

48.1174  USD

common stock

Purchase

19,273

48.0557  USD

common stock

Purchase

14,358

48.0490  USD

common stock

Purchase

10,250

48.0401  USD

common stock

Purchase

3,628

48.0193  USD

common stock

Purchase

3,078

48.1908  USD

common stock

Purchase

2,669

48.2160  USD

common stock

Purchase

2,240

47.9580  USD

common stock

Purchase

1,413

48.1217  USD

common stock

Purchase

1,035

48.1810  USD

common stock

Purchase

746

48.1890  USD

common stock

Purchase

565

48.0359  USD

common stock

Purchase

371

48.1817  USD

common stock

Purchase

292

47.2915  USD

common stock

Purchase

102

48.3253  USD

common stock

Purchase

100

47.5200  USD

common stock

Purchase

100

47.9500  USD

common stock

Purchase

38

47.8300  USD

common stock

Purchase

12

48.3000  USD

common stock

Purchase

3

48.2066  USD

common stock

Sale

58,860

48.1290  USD

common stock

Sale

52,520

48.1900  USD

common stock

Sale

41,821

48.0420  USD

common stock

Sale

24,742

48.0737  USD

common stock

Sale

24,229

48.1183  USD

common stock

Sale

19,763

47.8507  USD

common stock

Sale

15,574

48.0335  USD

common stock

Sale

13,194

48.1226  USD

common stock

Sale

10,927

48.1238  USD

common stock

Sale

10,686

48.1308  USD

common stock

Sale

6,416

48.0981  USD

common stock

Sale

5,697

48.0751  USD

common stock

Sale

4,718

48.0657  USD

common stock

Sale

3,996

48.1236  USD

common stock

Sale

3,779

48.1336  USD

common stock

Sale

3,583

48.1443  USD

common stock

Sale

3,560

48.1914  USD

common stock

Sale

2,831

47.9628  USD

common stock

Sale

2,772

48.1349  USD

common stock

Sale

2,512

48.1772  USD

common stock

Sale

2,294

48.1827  USD

common stock

Sale

2,116

48.0623  USD

common stock

Sale

1,863

48.3416  USD

common stock

Sale

1,627

48.1110  USD

common stock

Sale

1,035

48.1298  USD

common stock

Sale

794

48.0387  USD

common stock

Sale

714

48.1908  USD

common stock

Sale

700

48.0692  USD

common stock

Sale

698

47.7881  USD

common stock

Sale

590

48.0372  USD

common stock

Sale

565

48.0359  USD

common stock

Sale

553

48.0161  USD

common stock

Sale

419

48.1913  USD

common stock

Sale

211

48.1322  USD

common stock

Sale

200

48.0050  USD

common stock

Sale

200

48.2000  USD

common stock

Sale

200

47.8300  USD

common stock

Sale

186

47.0000  USD

common stock

Sale

100

48.0350  USD

common stock

Sale

50

48.1620  USD

common stock

Sale

32

48.1500  USD

common stock

Sale

31

48.2200  USD

common stock

Sale

19

47.9800  USD

common stock

Sale

15

48.1100  USD

common stock

Sale

5

48.2700  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

Decreasing Long

577

48.1910  USD

common stock

SWAP

Decreasing Long

1,101

48.1924  USD

common stock

SWAP

Decreasing Long

1,675

48.1925  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?

NO

Date of disclosure:

14 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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END
 
 

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