Form 8.3 - International Paper Company

Barclays PLC

09 September 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:				06 Sep 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:			827,904	0.24%	500,225	0.14%
(2)	Cash-settled derivatives:
	and/or controlled:			381,319	0.11%	0	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			123,800	0.04%	0	0.00%
	TOTAL:			1,333,023	0.38%	500,225	0.14%
(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		47,124		46.9294  USD
common stock		Purchase		39,032		47.1244  USD
common stock		Purchase		31,637		47.2430  USD
common stock		Purchase		29,958		47.0369  USD
common stock		Purchase		28,802		47.1702  USD
common stock		Purchase		27,669		47.1100  USD
common stock		Purchase		15,213		47.1502  USD
common stock		Purchase		12,153		47.1663  USD
common stock		Purchase		10,094		47.1950  USD
common stock		Purchase		6,172		47.1102  USD
common stock		Purchase		5,018		47.1347  USD
common stock		Purchase		3,033		47.2783  USD
common stock		Purchase		2,959		47.1058  USD
common stock		Purchase		2,578		47.1927  USD
common stock		Purchase		2,359		47.0147  USD
common stock		Purchase		1,986		47.1900  USD
common stock		Purchase		1,732		46.8985  USD
common stock		Purchase		1,723		47.1706  USD
common stock		Purchase		1,578		47.0667  USD
common stock		Purchase		1,266		47.0021  USD
common stock		Purchase		1,042		47.1828  USD
common stock		Purchase		703		47.1608  USD
common stock		Purchase		610		46.9927  USD
common stock		Purchase		590		47.1341  USD
common stock		Purchase		514		47.1485  USD
common stock		Purchase		409		47.1107  USD
common stock		Purchase		400		47.1250  USD
common stock		Purchase		269		47.2527  USD
common stock		Purchase		200		47.2380  USD
common stock		Purchase		200		47.6600  USD
common stock		Purchase		200		47.0375  USD
common stock		Purchase		174		47.2004  USD
common stock		Purchase		159		47.0800  USD
common stock		Purchase		100		47.7400  USD
common stock		Purchase		100		47.5900  USD
common stock		Purchase		100		47.0400  USD
common stock		Purchase		100		46.8200  USD
common stock		Purchase		92		47.1406  USD
common stock		Purchase		22		47.4786  USD
common stock		Purchase		5		47.3000  USD
common stock		Purchase		3		47.2800  USD
common stock		Sale		47,124		46.9294  USD
common stock		Sale		44,960		47.2136  USD
common stock		Sale		43,572		47.1275  USD
common stock		Sale		29,958		47.0369  USD
common stock		Sale		22,380		47.1100  USD
common stock		Sale		14,341		47.1751  USD
common stock		Sale		13,173		47.0227  USD
common stock		Sale		11,404		47.1110  USD
common stock		Sale		9,006		47.0985  USD
common stock		Sale		8,967		47.2052  USD
common stock		Sale		6,172		47.1102  USD
common stock		Sale		5,937		47.2135  USD
common stock		Sale		5,323		47.1224  USD
common stock		Sale		5,000		47.1618  USD
common stock		Sale		4,186		47.1808  USD
common stock		Sale		3,832		47.1866  USD
common stock		Sale		3,337		47.1142  USD
common stock		Sale		2,874		47.2845  USD
common stock		Sale		2,200		47.0100  USD
common stock		Sale		1,756		47.0194  USD
common stock		Sale		1,713		47.3440  USD
common stock		Sale		1,611		47.0001  USD
common stock		Sale		1,455		47.1284  USD
common stock		Sale		1,433		46.9281  USD
common stock		Sale		991		47.0200  USD
common stock		Sale		900		46.9488  USD
common stock		Sale		900		46.9466  USD
common stock		Sale		856		46.8995  USD
common stock		Sale		790		47.3112  USD
common stock		Sale		743		47.1753  USD
common stock		Sale		510		46.9667  USD
common stock		Sale		480		47.0106  USD
common stock		Sale		451		46.9613  USD
common stock		Sale		318		47.0800  USD
common stock		Sale		315		46.8972  USD
common stock		Sale		277		47.1994  USD
common stock		Sale		243		47.1867  USD
common stock		Sale		214		46.9000  USD
common stock		Sale		200		47.2380  USD
common stock		Sale		200		46.8900  USD
common stock		Sale		200		47.6600  USD
common stock		Sale		189		47.2049  USD
common stock		Sale		174		47.2004  USD
common stock		Sale		160		46.9043  USD
common stock		Sale		126		46.9526  USD
common stock		Sale		106		47.5800  USD
common stock		Sale		105		47.1876  USD
common stock		Sale		101		47.0502  USD
common stock		Sale		100		46.8500  USD
common stock		Sale		99		46.9400  USD
common stock		Sale		80		47.3656  USD
common stock		Sale		62		47.0300  USD
common stock		Sale		50		47.1420  USD
common stock		Sale		50		47.1300  USD
common stock		Sale		24		47.1350  USD
common stock		Sale		22		47.4786  USD
common stock		Sale		15		47.1500  USD
common stock		Sale		13		47.2600  USD
common stock		Sale		1		47.2590  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		21,760	46.9794  USD
common stock		SWAP		Decreasing Long		4,224	47.1125  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:				09 Sep 2024
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 CO
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	Put Options	Written	123,800	45.0000	American	20 Sep 2024
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