Form 8.3 - International Paper Company

Barclays PLC
22 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:

21 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:

 

 

872,135

0.25%

348,969

0.10%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

278,829

0.08%

21,332

0.01%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

1,150,964

0.33%

370,301

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

147,575

46.8051  USD

common stock

Purchase

62,090

46.7921  USD

common stock

Purchase

29,467

46.9300  USD

common stock

Purchase

25,015

46.7577  USD

common stock

Purchase

15,325

46.6709  USD

common stock

Purchase

13,842

46.7011  USD

common stock

Purchase

9,140

46.6455  USD

common stock

Purchase

8,064

46.8080  USD

common stock

Purchase

7,782

46.6617  USD

common stock

Purchase

7,524

46.9296  USD

common stock

Purchase

5,639

46.5746  USD

common stock

Purchase

3,794

46.5798  USD

common stock

Purchase

3,692

46.6658  USD

common stock

Purchase

3,400

46.6586  USD

common stock

Purchase

2,675

46.5925  USD

common stock

Purchase

2,321

46.8131  USD

common stock

Purchase

1,999

46.5763  USD

common stock

Purchase

1,440

46.7247  USD

common stock

Purchase

1,240

46.6970  USD

common stock

Purchase

1,225

46.6800  USD

common stock

Purchase

1,139

46.7029  USD

common stock

Purchase

1,136

46.5567  USD

common stock

Purchase

1,128

46.7328  USD

common stock

Purchase

1,085

46.8852  USD

common stock

Purchase

913

46.6533  USD

common stock

Purchase

913

46.6089  USD

common stock

Purchase

906

46.6316  USD

common stock

Purchase

531

46.6434  USD

common stock

Purchase

500

46.5180  USD

common stock

Purchase

467

46.6461  USD

common stock

Purchase

400

46.6750  USD

common stock

Purchase

400

46.6525  USD

common stock

Purchase

300

46.6033  USD

common stock

Purchase

247

46.7183  USD

common stock

Purchase

244

42.8581  EUR

common stock

Purchase

215

46.7527  USD

common stock

Purchase

200

46.4900  USD

common stock

Purchase

200

46.6700  USD

common stock

Purchase

169

46.6500  USD

common stock

Purchase

149

46.6250  USD

common stock

Purchase

95

46.9500  USD

common stock

Purchase

62

46.7200  USD

common stock

Purchase

57

46.6204  USD

common stock

Purchase

52

46.5973  USD

common stock

Purchase

50

46.5500  USD

common stock

Purchase

48

46.7100  USD

common stock

Purchase

35

46.5900  USD

common stock

Purchase

10

46.6100  USD

common stock

Purchase

4

46.4850  USD

common stock

Purchase

2

46.7500  USD

common stock

Purchase

1

46.6400  USD

common stock

Sale

96,680

46.8757  USD

common stock

Sale

80,001

46.7377  USD

common stock

Sale

26,665

46.9233  USD

common stock

Sale

25,015

46.7577  USD

common stock

Sale

18,333

46.6805  USD

common stock

Sale

11,641

46.9300  USD

common stock

Sale

11,283

46.6922  USD

common stock

Sale

9,211

46.6267  USD

common stock

Sale

9,000

46.6479  USD

common stock

Sale

8,602

46.6990  USD

common stock

Sale

6,786

46.6039  USD

common stock

Sale

6,348

46.6865  USD

common stock

Sale

5,476

46.6333  USD

common stock

Sale

3,683

46.7857  USD

common stock

Sale

3,200

46.6521  USD

common stock

Sale

3,049

46.8074  USD

common stock

Sale

3,043

46.7157  USD

common stock

Sale

2,906

46.7302  USD

common stock

Sale

2,176

46.6622  USD

common stock

Sale

2,100

46.8100  USD

common stock

Sale

1,487

46.6550  USD

common stock

Sale

1,128

46.7328  USD

common stock

Sale

1,051

46.7174  USD

common stock

Sale

819

46.7005  USD

common stock

Sale

700

46.6450  USD

common stock

Sale

600

46.6383  USD

common stock

Sale

401

46.7548  USD

common stock

Sale

347

46.7283  USD

common stock

Sale

331

46.8021  USD

common stock

Sale

288

46.6250  USD

common stock

Sale

244

42.8581  EUR

common stock

Sale

110

46.7054  USD

common stock

Sale

103

46.7688  USD

common stock

Sale

100

46.7150  USD

common stock

Sale

100

46.5900  USD

common stock

Sale

88

46.5300  USD

common stock

Sale

57

46.6204  USD

common stock

Sale

52

46.6800  USD

common stock

Sale

49

46.8700  USD

common stock

Sale

48

46.7100  USD

common stock

Sale

1

46.9400  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

Decreasing Long

15,984

46.6671  USD

common stock

SWAP

Decreasing Long

18

46.9311  USD

common stock

SWAP

Decreasing Long

2,437

46.9324  USD

common stock

SWAP

Decreasing Long

2,851

46.9325  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:

22 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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