Form 8.3 - INTERNATIONAL PAPER COMPANY

Barclays PLC

29 January 2025

 

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:				28 Jan 2025
(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:			831,998	0.24%	630,940	0.18%
(2)	Cash-settled derivatives:
	and/or controlled:			524,429	0.15%	20,310	0.01%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			31,000	0.01%	0	0.00%
	TOTAL:			1,387,427	0.40%	651,250	0.19%
(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		682,088		58.6279  USD
common stock		Purchase		323,364		58.5636  USD
common stock		Purchase		320,344		58.5247  USD
common stock		Purchase		140,339		58.8714  USD
common stock		Purchase		108,502		58.8849  USD
common stock		Purchase		104,931		58.6513  USD
common stock		Purchase		68,381		58.5945  USD
common stock		Purchase		66,285		58.6934  USD
common stock		Purchase		31,918		58.7209  USD
common stock		Purchase		30,262		58.4478  USD
common stock		Purchase		27,945		59.1200  USD
common stock		Purchase		24,081		58.6839  USD
common stock		Purchase		19,091		58.6044  USD
common stock		Purchase		18,681		58.9198  USD
common stock		Purchase		17,006		58.9213  USD
common stock		Purchase		12,800		59.0319  USD
common stock		Purchase		12,486		58.5025  USD
common stock		Purchase		10,762		59.0260  USD
common stock		Purchase		10,000		58.6875  USD
common stock		Purchase		6,513		58.5810  USD
common stock		Purchase		4,506		58.9251  USD
common stock		Purchase		4,448		58.6151  USD
common stock		Purchase		2,701		59.0268  USD
common stock		Purchase		2,104		58.7523  USD
common stock		Purchase		1,829		58.6118  USD
common stock		Purchase		1,322		58.7372  USD
common stock		Purchase		1,000		58.2883  USD
common stock		Purchase		779		58.7497  USD
common stock		Purchase		666		58.6990  USD
common stock		Purchase		642		59.1000  USD
common stock		Purchase		586		58.7263  USD
common stock		Purchase		502		58.4818  USD
common stock		Purchase		405		58.6888  USD
common stock		Purchase		394		58.7233  USD
common stock		Purchase		388		58.7826  USD
common stock		Purchase		382		58.7810  USD
common stock		Purchase		354		58.8859  USD
common stock		Purchase		306		58.5568  USD
common stock		Purchase		300		59.0183  USD
common stock		Purchase		252		56.0171  EUR
common stock		Purchase		251		58.6633  USD
common stock		Purchase		152		58.6490  USD
common stock		Purchase		150		58.8380  USD
common stock		Purchase		100		58.4700  USD
common stock		Purchase		100		58.4300  USD
common stock		Purchase		100		58.3875  USD
common stock		Purchase		24		58.5650  USD
common stock		Purchase		17		58.4602  USD
common stock		Sale		1,198,608		58.5929  USD
common stock		Sale		258,156		58.7814  USD
common stock		Sale		161,682		58.5636  USD
common stock		Sale		101,030		58.5879  USD
common stock		Sale		38,869		59.1072  USD
common stock		Sale		34,524		58.5388  USD
common stock		Sale		33,428		58.6249  USD
common stock		Sale		33,143		58.5678  USD
common stock		Sale		27,734		59.1167  USD
common stock		Sale		26,933		58.9700  USD
common stock		Sale		16,891		58.6050  USD
common stock		Sale		15,900		59.0491  USD
common stock		Sale		15,467		59.1200  USD
common stock		Sale		14,736		58.6999  USD
common stock		Sale		11,853		58.5509  USD
common stock		Sale		10,166		59.0822  USD
common stock		Sale		9,690		59.0615  USD
common stock		Sale		6,748		58.4551  USD
common stock		Sale		4,600		58.5933  USD
common stock		Sale		4,216		58.7503  USD
common stock		Sale		3,949		58.6717  USD
common stock		Sale		3,563		58.4392  USD
common stock		Sale		2,782		59.1026  USD
common stock		Sale		2,772		58.6516  USD
common stock		Sale		2,512		58.4945  USD
common stock		Sale		2,200		58.6000  USD
common stock		Sale		2,176		59.0272  USD
common stock		Sale		2,172		59.0259  USD
common stock		Sale		2,070		58.9833  USD
common stock		Sale		1,290		59.0207  USD
common stock		Sale		1,020		58.8126  USD
common stock		Sale		1,019		58.8251  USD
common stock		Sale		1,000		58.2883  USD
common stock		Sale		978		58.9460  USD
common stock		Sale		761		58.8971  USD
common stock		Sale		722		58.4424  USD
common stock		Sale		688		59.0906  USD
common stock		Sale		603		58.7862  USD
common stock		Sale		586		58.9424  USD
common stock		Sale		571		58.7477  USD
common stock		Sale		456		59.0466  USD
common stock		Sale		425		58.7191  USD
common stock		Sale		405		58.9033  USD
common stock		Sale		400		58.5750  USD
common stock		Sale		400		58.5375  USD
common stock		Sale		327		58.9947  USD
common stock		Sale		324		58.8303  USD
common stock		Sale		302		58.4825  USD
common stock		Sale		300		58.7625  USD
common stock		Sale		300		58.5633  USD
common stock		Sale		300		58.8266  USD
common stock		Sale		300		59.0570  USD
common stock		Sale		279		58.8935  USD
common stock		Sale		252		56.0171  EUR
common stock		Sale		217		59.0618  USD
common stock		Sale		200		58.8900  USD
common stock		Sale		149		59.0361  USD
common stock		Sale		103		59.1134  USD
common stock		Sale		100		58.3875  USD
common stock		Sale		100		59.0050  USD
common stock		Sale		100		58.8400  USD
common stock		Sale		100		59.0000  USD
common stock		Sale		100		59.1100  USD
common stock		Sale		90		58.5958  USD
common stock		Sale		82		58.8800  USD
common stock		Sale		30		58.4800  USD
common stock		Sale		23		58.5234  USD
common stock		Sale		23		58.4336  USD
common stock		Sale		18		58.6436  USD
common stock		Sale		17		58.4602  USD
common stock		Sale		17		58.4665  USD
common stock		Sale		15		58.5520  USD
common stock		Sale		11		58.5854  USD
common stock		Sale		10		59.1000  USD
common stock		Sale		5		58.4900  USD
common stock		Sale		4		58.9300  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		3,474	59.1174  USD
common stock		SWAP		Increasing Long		3,000	58.8329  USD
common stock		SWAP		Increasing Long		1,285	58.9487  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?				YES
Date of disclosure:				29 Jan 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213
DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO
PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the "Code")
1.				KEY INFORMATION
Identity of the person whose positions/dealings				Barclays PLC.
are being disclosed:
Name of offeror/offeree in relation to whose				INTERNATIONAL PAPER COMPANY
relevant securities this from relates:
2.				OPTIONS AND DERIVATIVES
Class of relevant security	Product description	Writing, purchasing, selling, varying etc	Number of securities to which option relates	Exercise price per unit	Type	Expiry date
common stock	Call Options	Purchased	31,000	63.0000	American	31 Jan 2025
3.				AGREEMENTS TO PURCHASE OR SELL ETC.
Full details should be given so that the nature of the interest or position can be fully understood:

 

END