Form 8.3 - International Paper Company

Barclays PLC
07 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:

04 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:

 

 

890,296

0.26%

452,440

0.13%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

361,252

0.10%

0

0.00%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

1,251,548

0.36%

452,440

0.13%

(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

128,500

48.1000  USD

common stock

Purchase

69,512

48.1042  USD

common stock

Purchase

60,683

48.3817  USD

common stock

Purchase

55,444

48.1277  USD

common stock

Purchase

34,203

48.1828  USD

common stock

Purchase

30,643

48.4016  USD

common stock

Purchase

26,471

48.1832  USD

common stock

Purchase

17,691

48.0671  USD

common stock

Purchase

15,825

48.5300  USD

common stock

Purchase

13,196

48.1833  USD

common stock

Purchase

9,726

48.1499  USD

common stock

Purchase

9,488

48.2114  USD

common stock

Purchase

6,454

48.3822  USD

common stock

Purchase

5,903

48.0315  USD

common stock

Purchase

5,678

48.0170  USD

common stock

Purchase

5,678

48.0847  USD

common stock

Purchase

5,587

48.1171  USD

common stock

Purchase

5,078

48.0222  USD

common stock

Purchase

4,800

47.9489  USD

common stock

Purchase

2,585

48.0589  USD

common stock

Purchase

2,573

48.0405  USD

common stock

Purchase

2,419

48.1071  USD

common stock

Purchase

2,253

48.0576  USD

common stock

Purchase

1,828

48.1266  USD

common stock

Purchase

1,588

48.1768  USD

common stock

Purchase

1,207

47.8800  USD

common stock

Purchase

1,194

48.4114  USD

common stock

Purchase

1,024

48.1732  USD

common stock

Purchase

1,008

48.3568  USD

common stock

Purchase

735

47.9624  USD

common stock

Purchase

715

48.0028  USD

common stock

Purchase

607

47.8863  USD

common stock

Purchase

443

48.1667  USD

common stock

Purchase

405

48.2973  USD

common stock

Purchase

377

48.2473  USD

common stock

Purchase

331

48.1745  USD

common stock

Purchase

282

43.3774  EUR

common stock

Purchase

190

48.5583  USD

common stock

Purchase

122

48.5400  USD

common stock

Purchase

115

48.3086  USD

common stock

Purchase

101

48.2200  USD

common stock

Purchase

100

47.9500  USD

common stock

Purchase

84

47.9400  USD

common stock

Purchase

75

47.8630  USD

common stock

Purchase

58

47.7950  USD

common stock

Purchase

56

48.1471  USD

common stock

Purchase

40

47.9255  USD

common stock

Purchase

37

48.5600  USD

common stock

Purchase

31

48.5190  USD

common stock

Purchase

28

48.4685  USD

common stock

Purchase

16

47.9000  USD

common stock

Purchase

2

48.1800  USD

common stock

Purchase

1

47.8000  USD

common stock

Purchase

1

48.1900  USD

common stock

Sale

128,500

48.1000  USD

common stock

Sale

128,500

48.1162  USD

common stock

Sale

36,106

48.4862  USD

common stock

Sale

28,897

48.2172  USD

common stock

Sale

27,802

48.0384  USD

common stock

Sale

24,396

48.0889  USD

common stock

Sale

20,327

48.2218  USD

common stock

Sale

16,793

48.2292  USD

common stock

Sale

14,149

48.5181  USD

common stock

Sale

11,869

48.1037  USD

common stock

Sale

11,314

48.0863  USD

common stock

Sale

9,011

48.3172  USD

common stock

Sale

8,021

48.5300  USD

common stock

Sale

6,454

48.3822  USD

common stock

Sale

5,651

48.1304  USD

common stock

Sale

5,419

48.0888  USD

common stock

Sale

5,169

48.3291  USD

common stock

Sale

4,197

48.2599  USD

common stock

Sale

3,752

48.3118  USD

common stock

Sale

3,559

48.0210  USD

common stock

Sale

3,534

48.2130  USD

common stock

Sale

3,140

48.4764  USD

common stock

Sale

2,765

48.2839  USD

common stock

Sale

2,386

48.3752  USD

common stock

Sale

2,162

48.0544  USD

common stock

Sale

1,997

48.0244  USD

common stock

Sale

1,528

48.2388  USD

common stock

Sale

1,439

48.0530  USD

common stock

Sale

1,382

48.2817  USD

common stock

Sale

900

48.0256  USD

common stock

Sale

865

47.9826  USD

common stock

Sale

740

48.1842  USD

common stock

Sale

678

48.1639  USD

common stock

Sale

635

48.3305  USD

common stock

Sale

500

48.1480  USD

common stock

Sale

393

47.9037  USD

common stock

Sale

377

48.2473  USD

common stock

Sale

343

47.9620  USD

common stock

Sale

321

48.3196  USD

common stock

Sale

282

43.3774  EUR

common stock

Sale

236

48.5195  USD

common stock

Sale

206

48.1305  USD

common stock

Sale

200

48.3500  USD

common stock

Sale

178

47.8913  USD

common stock

Sale

150

47.8630  USD

common stock

Sale

84

48.2119  USD

common stock

Sale

59

48.0672  USD

common stock

Sale

29

47.7950  USD

common stock

Sale

10

47.8500  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

336

47.9510  USD

common stock

SWAP

Increasing Long

2,429

47.9525  USD

common stock

SWAP

Increasing Long

647

48.8525  USD

common stock

SWAP

Decreasing Long

7,509

49.2075  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:

07 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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