Form 8.3 - International Paper Company

Barclays PLC
14 November 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:

13 Nov 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:

 

 

844,016

0.24%

553,579

0.15%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

316,249

0.09%

13,660

0.00%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

1,160,265

0.33%

567,239

0.15%

(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

93,342

56.3677  USD

common stock

Purchase

58,138

56.3463  USD

common stock

Purchase

40,604

56.4246  USD

common stock

Purchase

32,397

56.3799  USD

common stock

Purchase

29,870

56.3700  USD

common stock

Purchase

27,680

56.4116  USD

common stock

Purchase

26,619

56.5004  USD

common stock

Purchase

21,340

56.3529  USD

common stock

Purchase

19,076

56.4827  USD

common stock

Purchase

17,968

56.3800  USD

common stock

Purchase

11,166

56.3890  USD

common stock

Purchase

8,988

56.2397  USD

common stock

Purchase

8,300

56.5019  USD

common stock

Purchase

8,110

56.5541  USD

common stock

Purchase

7,459

56.3660  USD

common stock

Purchase

6,769

56.4605  USD

common stock

Purchase

6,250

56.3970  USD

common stock

Purchase

6,075

56.5110  USD

common stock

Purchase

5,392

56.4070  USD

common stock

Purchase

3,603

56.4464  USD

common stock

Purchase

3,435

56.5513  USD

common stock

Purchase

2,906

56.2500  USD

common stock

Purchase

2,609

56.5411  USD

common stock

Purchase

2,333

56.2107  USD

common stock

Purchase

1,329

56.2292  USD

common stock

Purchase

797

56.2690  USD

common stock

Purchase

628

56.2905  USD

common stock

Purchase

615

56.4569  USD

common stock

Purchase

553

56.3314  USD

common stock

Purchase

409

56.3004  USD

common stock

Purchase

328

56.7396  USD

common stock

Purchase

219

56.8282  USD

common stock

Purchase

200

56.3900  USD

common stock

Purchase

183

56.6742  USD

common stock

Purchase

178

56.6671  USD

common stock

Purchase

178

56.8700  USD

common stock

Purchase

156

56.6421  USD

common stock

Purchase

139

56.7564  USD

common stock

Purchase

120

55.9733  USD

common stock

Purchase

101

56.9469  USD

common stock

Purchase

15

56.5166  USD

common stock

Purchase

11

56.3440  USD

common stock

Purchase

10

56.6900  USD

common stock

Purchase

8

56.2488  USD

common stock

Purchase

5

56.8200  USD

common stock

Purchase

3

53.0000  EUR

common stock

Sale

181,530

56.3942  USD

common stock

Sale

72,209

56.4673  USD

common stock

Sale

48,377

56.3654  USD

common stock

Sale

45,294

56.3800  USD

common stock

Sale

37,112

56.3799  USD

common stock

Sale

18,541

56.3160  USD

common stock

Sale

15,883

56.5148  USD

common stock

Sale

15,468

56.2745  USD

common stock

Sale

10,921

56.2569  USD

common stock

Sale

10,258

56.4290  USD

common stock

Sale

6,836

56.4877  USD

common stock

Sale

6,064

56.2878  USD

common stock

Sale

5,596

56.3945  USD

common stock

Sale

3,603

56.4464  USD

common stock

Sale

3,603

56.2500  USD

common stock

Sale

730

56.4913  USD

common stock

Sale

661

56.3377  USD

common stock

Sale

652

56.4528  USD

common stock

Sale

555

56.3187  USD

common stock

Sale

530

56.5074  USD

common stock

Sale

510

56.2213  USD

common stock

Sale

387

56.8286  USD

common stock

Sale

356

56.6671  USD

common stock

Sale

309

56.1000  USD

common stock

Sale

278

56.3966  USD

common stock

Sale

271

56.3569  USD

common stock

Sale

255

56.4857  USD

common stock

Sale

223

56.4829  USD

common stock

Sale

202

56.1934  USD

common stock

Sale

178

56.8700  USD

common stock

Sale

134

56.4940  USD

common stock

Sale

118

56.3600  USD

common stock

Sale

116

56.4341  USD

common stock

Sale

111

56.7501  USD

common stock

Sale

101

56.9469  USD

common stock

Sale

100

56.5200  USD

common stock

Sale

100

56.9200  USD

common stock

Sale

100

56.5700  USD

common stock

Sale

100

56.7800  USD

common stock

Sale

98

56.3300  USD

common stock

Sale

97

56.5153  USD

common stock

Sale

87

56.4371  USD

common stock

Sale

72

56.5013  USD

common stock

Sale

45

56.3755  USD

common stock

Sale

30

56.4300  USD

common stock

Sale

12

56.2100  USD

common stock

Sale

11

56.3440  USD

common stock

Sale

10

56.9250  USD

common stock

Sale

8

56.2487  USD

common stock

Sale

6

56.3700  USD

common stock

Sale

3

53.0000  EUR

 

 

 

 

 

 

 

 

(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

24,777

56.3775  USD

common stock

SWAP

Increasing Long

40

56.3790  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 Nov 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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