Form 8.3 - International Paper Company

Barclays PLC
24 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:

23 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:

 

 

874,075

0.25%

347,919

0.10%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

278,829

0.08%

23,331

0.01%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

1,152,904

0.33%

371,250

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

75,819

48.8612  USD

common stock

Purchase

65,716

48.9727  USD

common stock

Purchase

24,426

49.0500  USD

common stock

Purchase

16,016

48.1651  USD

common stock

Purchase

15,709

48.7975  USD

common stock

Purchase

15,029

48.9132  USD

common stock

Purchase

12,057

48.7924  USD

common stock

Purchase

10,512

48.9749  USD

common stock

Purchase

9,967

48.7938  USD

common stock

Purchase

8,063

49.0489  USD

common stock

Purchase

2,987

48.7346  USD

common stock

Purchase

2,697

48.9055  USD

common stock

Purchase

2,112

48.9150  USD

common stock

Purchase

1,799

48.6907  USD

common stock

Purchase

1,459

48.9697  USD

common stock

Purchase

1,338

48.9060  USD

common stock

Purchase

914

48.3588  USD

common stock

Purchase

750

48.7682  USD

common stock

Purchase

632

48.5459  USD

common stock

Purchase

552

47.8700  USD

common stock

Purchase

426

49.0495  USD

common stock

Purchase

400

48.8412  USD

common stock

Purchase

253

48.7587  USD

common stock

Purchase

200

48.3400  USD

common stock

Purchase

100

48.7650  USD

common stock

Purchase

100

48.4200  USD

common stock

Purchase

100

48.4300  USD

common stock

Purchase

100

49.0400  USD

common stock

Purchase

57

48.9271  USD

common stock

Purchase

39

48.8102  USD

common stock

Purchase

32

48.8900  USD

common stock

Purchase

22

48.9400  USD

common stock

Purchase

21

48.7000  USD

common stock

Purchase

12

48.9741  USD

common stock

Purchase

6

48.7600  USD

common stock

Purchase

5

48.7700  USD

common stock

Purchase

3

49.0600  USD

common stock

Sale

53,895

48.8878  USD

common stock

Sale

47,827

49.0500  USD

common stock

Sale

37,701

48.8221  USD

common stock

Sale

31,338

48.8477  USD

common stock

Sale

17,197

49.0076  USD

common stock

Sale

14,217

48.3990  USD

common stock

Sale

8,063

49.0489  USD

common stock

Sale

7,458

48.8581  USD

common stock

Sale

6,276

48.8328  USD

common stock

Sale

5,799

48.7494  USD

common stock

Sale

5,600

48.8171  USD

common stock

Sale

4,385

48.4327  USD

common stock

Sale

3,616

48.9139  USD

common stock

Sale

3,067

47.9211  USD

common stock

Sale

2,112

48.9150  USD

common stock

Sale

2,023

48.8741  USD

common stock

Sale

1,959

48.1574  USD

common stock

Sale

1,931

48.5550  USD

common stock

Sale

1,338

48.9060  USD

common stock

Sale

1,307

48.9805  USD

common stock

Sale

1,248

48.7704  USD

common stock

Sale

1,215

48.9972  USD

common stock

Sale

1,046

48.9385  USD

common stock

Sale

900

48.6611  USD

common stock

Sale

700

49.1000  USD

common stock

Sale

622

48.6620  USD

common stock

Sale

613

48.8977  USD

common stock

Sale

596

49.0492  USD

common stock

Sale

389

48.5900  USD

common stock

Sale

302

48.9200  USD

common stock

Sale

300

48.5805  USD

common stock

Sale

285

48.9400  USD

common stock

Sale

280

48.9565  USD

common stock

Sale

200

49.0000  USD

common stock

Sale

200

48.7550  USD

common stock

Sale

152

48.8775  USD

common stock

Sale

142

49.1050  USD

common stock

Sale

100

48.6300  USD

common stock

Sale

50

48.8000  USD

common stock

Sale

50

48.7650  USD

common stock

Sale

3

48.8550  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

733

49.0525  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:

24 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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END
 
 

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