Form 8.3 - International Paper Company

Barclays PLC
17 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:

16 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:

 

 

869,277

0.25%

387,697

0.11%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

289,778

0.08%

0

0.00%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

1,159,055

0.33%

387,697

0.11%

(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

194,322

47.9683  USD

common stock

Purchase

65,122

47.9782  USD

common stock

Purchase

33,922

47.9666  USD

common stock

Purchase

33,240

47.9880  USD

common stock

Purchase

30,022

47.9824  USD

common stock

Purchase

23,546

47.9939  USD

common stock

Purchase

23,149

47.9560  USD

common stock

Purchase

13,240

48.0027  USD

common stock

Purchase

12,953

47.9543  USD

common stock

Purchase

12,587

47.9101  USD

common stock

Purchase

11,110

47.9624  USD

common stock

Purchase

9,679

47.9991  USD

common stock

Purchase

8,781

47.9691  USD

common stock

Purchase

7,762

47.9581  USD

common stock

Purchase

6,177

47.9783  USD

common stock

Purchase

4,650

48.0039  USD

common stock

Purchase

3,790

48.0035  USD

common stock

Purchase

3,392

48.0105  USD

common stock

Purchase

2,548

47.9800  USD

common stock

Purchase

2,400

47.9866  USD

common stock

Purchase

2,100

47.9770  USD

common stock

Purchase

1,700

48.0038  USD

common stock

Purchase

1,202

47.9971  USD

common stock

Purchase

1,000

47.9815  USD

common stock

Purchase

987

48.0092  USD

common stock

Purchase

940

48.0006  USD

common stock

Purchase

600

47.9400  USD

common stock

Purchase

559

48.0158  USD

common stock

Purchase

545

47.9952  USD

common stock

Purchase

500

47.9920  USD

common stock

Purchase

500

48.0000  USD

common stock

Purchase

499

47.9579  USD

common stock

Purchase

306

47.9997  USD

common stock

Purchase

212

47.9673  USD

common stock

Purchase

158

47.9900  USD

common stock

Purchase

100

48.0500  USD

common stock

Purchase

21

48.1500  USD

common stock

Purchase

16

48.0100  USD

common stock

Purchase

10

48.1200  USD

common stock

Purchase

7

48.0014  USD

common stock

Sale

111,713

47.9723  USD

common stock

Sale

81,555

47.9616  USD

common stock

Sale

57,302

47.9954  USD

common stock

Sale

35,030

47.9817  USD

common stock

Sale

24,123

47.9622  USD

common stock

Sale

23,546

47.9939  USD

common stock

Sale

18,298

47.9785  USD

common stock

Sale

17,935

47.9655  USD

common stock

Sale

13,439

47.9170  USD

common stock

Sale

11,960

47.9742  USD

common stock

Sale

11,454

47.9608  USD

common stock

Sale

11,106

47.9800  USD

common stock

Sale

10,005

47.9666  USD

common stock

Sale

9,814

47.9524  USD

common stock

Sale

9,663

47.9847  USD

common stock

Sale

9,014

47.9397  USD

common stock

Sale

4,881

47.9846  USD

common stock

Sale

4,546

47.9641  USD

common stock

Sale

4,323

48.0006  USD

common stock

Sale

3,528

47.9459  USD

common stock

Sale

2,813

47.9874  USD

common stock

Sale

2,684

47.9909  USD

common stock

Sale

2,632

47.9418  USD

common stock

Sale

1,308

47.9830  USD

common stock

Sale

1,202

47.9971  USD

common stock

Sale

1,100

47.9372  USD

common stock

Sale

1,099

48.0127  USD

common stock

Sale

1,045

48.0079  USD

common stock

Sale

916

47.9590  USD

common stock

Sale

703

48.0007  USD

common stock

Sale

615

47.9900  USD

common stock

Sale

500

48.0000  USD

common stock

Sale

488

47.8182  USD

common stock

Sale

332

47.9750  USD

common stock

Sale

304

47.9999  USD

common stock

Sale

200

48.0100  USD

common stock

Sale

92

47.9565  USD

common stock

Sale

6

48.1250  USD

common stock

Sale

5

48.0700  USD

common stock

Sale

3

47.8900  USD

common stock

Sale

2

47.9700  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

18,400

48.0003  USD

common stock

SWAP

Decreasing Long

59

47.9810  USD

common stock

SWAP

Decreasing Long

689

47.9824  USD

common stock

SWAP

Decreasing Long

1,368

47.9825  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:

17 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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