Form 8.3 - International Paper Company

Barclays PLC

15 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:				14 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:			843,806	0.24%	572,633	0.16%
(2)	Cash-settled derivatives:
	and/or controlled:			331,793	0.09%	13,660	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			1,175,599	0.33%	586,293	0.16%
(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		115,927		56.8379  USD
common stock		Purchase		53,050		56.8720  USD
common stock		Purchase		50,976		56.7338  USD
common stock		Purchase		48,500		50.0000  USD
common stock		Purchase		42,000		51.0000  USD
common stock		Purchase		24,000		52.0000  USD
common stock		Purchase		24,000		52.5000  USD
common stock		Purchase		22,900		47.5000  USD
common stock		Purchase		22,257		56.9300  USD
common stock		Purchase		21,786		56.1867  USD
common stock		Purchase		20,521		56.6784  USD
common stock		Purchase		15,558		56.5167  USD
common stock		Purchase		11,731		56.7590  USD
common stock		Purchase		10,833		56.2861  USD
common stock		Purchase		8,458		56.3491  USD
common stock		Purchase		8,306		56.8019  USD
common stock		Purchase		7,200		49.0000  USD
common stock		Purchase		6,113		56.6825  USD
common stock		Purchase		6,100		48.5000  USD
common stock		Purchase		5,000		48.0000  USD
common stock		Purchase		5,000		54.0000  USD
common stock		Purchase		4,849		56.8042  USD
common stock		Purchase		4,731		56.6656  USD
common stock		Purchase		4,511		56.7156  USD
common stock		Purchase		3,705		56.2273  USD
common stock		Purchase		3,510		56.0049  USD
common stock		Purchase		2,427		56.2082  USD
common stock		Purchase		2,201		56.1067  USD
common stock		Purchase		1,866		56.7373  USD
common stock		Purchase		1,306		56.0814  USD
common stock		Purchase		1,101		56.7422  USD
common stock		Purchase		1,052		56.4646  USD
common stock		Purchase		916		56.7227  USD
common stock		Purchase		600		56.0000  USD
common stock		Purchase		529		56.5425  USD
common stock		Purchase		502		56.7127  USD
common stock		Purchase		441		56.7971  USD
common stock		Purchase		422		56.6823  USD
common stock		Purchase		306		56.2800  USD
common stock		Purchase		300		49.5000  USD
common stock		Purchase		248		56.4367  USD
common stock		Purchase		243		56.7427  USD
common stock		Purchase		226		56.8661  USD
common stock		Purchase		214		56.5310  USD
common stock		Purchase		127		56.9077  USD
common stock		Purchase		117		56.9100  USD
common stock		Purchase		100		56.8100  USD
common stock		Purchase		100		56.1400  USD
common stock		Purchase		100		47.0000  USD
common stock		Purchase		100		56.7500  USD
common stock		Purchase		50		56.4100  USD
common stock		Purchase		29		53.3400  EUR
common stock		Purchase		20		56.6270  USD
common stock		Sale		72,279		56.8767  USD
common stock		Sale		71,137		56.7370  USD
common stock		Sale		58,066		56.4993  USD
common stock		Sale		41,435		56.9300  USD
common stock		Sale		19,516		56.8577  USD
common stock		Sale		13,159		56.1655  USD
common stock		Sale		11,380		56.8045  USD
common stock		Sale		11,363		56.7332  USD
common stock		Sale		10,623		56.3927  USD
common stock		Sale		8,260		56.7534  USD
common stock		Sale		5,279		56.4060  USD
common stock		Sale		4,188		56.8325  USD
common stock		Sale		4,034		56.7079  USD
common stock		Sale		3,914		56.7432  USD
common stock		Sale		3,211		56.6727  USD
common stock		Sale		3,097		56.7652  USD
common stock		Sale		2,395		56.6887  USD
common stock		Sale		2,309		56.1090  USD
common stock		Sale		2,201		56.1067  USD
common stock		Sale		2,000		56.0070  USD
common stock		Sale		1,805		56.8199  USD
common stock		Sale		1,581		56.8149  USD
common stock		Sale		1,247		56.1952  USD
common stock		Sale		1,100		56.2631  USD
common stock		Sale		1,077		56.7849  USD
common stock		Sale		953		56.7513  USD
common stock		Sale		779		56.7987  USD
common stock		Sale		675		56.7730  USD
common stock		Sale		653		56.0814  USD
common stock		Sale		600		55.9533  USD
common stock		Sale		568		56.0720  USD
common stock		Sale		510		56.0141  USD
common stock		Sale		404		56.8966  USD
common stock		Sale		400		56.8075  USD
common stock		Sale		340		56.6829  USD
common stock		Sale		306		56.2800  USD
common stock		Sale		287		56.0506  USD
common stock		Sale		283		56.1545  USD
common stock		Sale		244		56.1127  USD
common stock		Sale		214		56.5310  USD
common stock		Sale		206		56.3216  USD
common stock		Sale		204		56.0900  USD
common stock		Sale		200		56.0400  USD
common stock		Sale		200		56.0950  USD
common stock		Sale		192		56.2458  USD
common stock		Sale		184		56.0989  USD
common stock		Sale		171		56.6390  USD
common stock		Sale		128		56.4900  USD
common stock		Sale		123		56.8700  USD
common stock		Sale		120		56.3800  USD
common stock		Sale		118		56.7605  USD
common stock		Sale		101		56.0700  USD
common stock		Sale		100		56.1400  USD
common stock		Sale		82		56.6800  USD
common stock		Sale		31		56.2477  USD
common stock		Sale		29		53.3400  EUR
common stock		Sale		20		56.6270  USD
common stock		Sale		18		56.8000  USD
common stock		Sale		13		56.0350  USD
common stock		Sale		6		56.6850  USD
common stock		Sale		1		56.7600  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		Increasing Long		16,104	56.9275  USD
common stock		SWAP		Decreasing Long		560	56.9325  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
common stock	Call Options	Purchasing	7,000	49.0000  USD	American	15 Nov 2024	7.2000  USD
common stock	Call Options	Selling	102,000	50.0000  USD	American	15 Nov 2024	6.8000  USD
common stock	Call Options	Purchasing	42,000	51.0000  USD	American	15 Nov 2024	5.6000  USD
common stock	Call Options	Selling	12,000	45.0000  USD	American	15 Nov 2024	11.7500  USD
common stock	Call Options	Selling	12,000	53.0000  USD	American	15 Nov 2024	2.9000  USD
common stock	Call Options	Purchasing	48,000	50.0000  USD	American	15 Nov 2024	6.2000  USD
common stock	Call Options	Purchasing	22,000	48.0000  USD	American	15 Nov 2024	8.5000  USD
common stock	Call Options	Purchasing	24,000	53.0000  USD	American	15 Nov 2024	3.8000  USD
common stock	Call Options	Purchasing	24,000	52.0000  USD	American	15 Nov 2024	4.2000  USD
common stock	Call Options	Purchasing	5,000	48.0000  USD	American	15 Nov 2024	8.2000  USD
common stock	Call Options	Selling	57,000	55.0000  USD	American	15 Nov 2024	1.2500  USD
common stock	Call Options	Purchasing	5,000	54.0000  USD	American	15 Nov 2024	2.4500  USD
common stock	Call Options	Purchasing	6,000	49.0000  USD	American	15 Nov 2024	7.7000  USD
(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:				15 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END