Form 8.3 - INTERNATIONAL PAPER COMPANY

Barclays PLC

22 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:				21 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:			700,678	0.20%	648,203	0.19%
(2)	Cash-settled derivatives:
	and/or controlled:			544,466	0.16%	13,660	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	35,000	0.01%
	TOTAL:			1,245,144	0.36%	696,863	0.20%
(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		180,866		58.2928  USD
common stock		Purchase		68,470		58.4800  USD
common stock		Purchase		30,028		58.2683  USD
common stock		Purchase		22,052		58.0516  USD
common stock		Purchase		18,903		57.9052  USD
common stock		Purchase		16,233		57.4214  USD
common stock		Purchase		12,850		58.0513  USD
common stock		Purchase		11,467		57.8985  USD
common stock		Purchase		11,068		58.4736  USD
common stock		Purchase		8,300		57.8961  USD
common stock		Purchase		8,100		57.4361  USD
common stock		Purchase		6,772		57.9921  USD
common stock		Purchase		6,574		57.5688  USD
common stock		Purchase		6,517		58.1910  USD
common stock		Purchase		6,439		58.4691  USD
common stock		Purchase		5,378		57.5611  USD
common stock		Purchase		5,079		58.3308  USD
common stock		Purchase		4,905		57.9648  USD
common stock		Purchase		4,087		58.2072  USD
common stock		Purchase		3,064		57.8422  USD
common stock		Purchase		2,217		57.6886  USD
common stock		Purchase		1,784		57.5671  USD
common stock		Purchase		1,625		57.8903  USD
common stock		Purchase		1,370		58.2737  USD
common stock		Purchase		1,084		57.9251  USD
common stock		Purchase		1,000		58.1300  USD
common stock		Purchase		1,000		58.1500  USD
common stock		Purchase		998		58.1442  USD
common stock		Purchase		976		57.5729  USD
common stock		Purchase		966		58.0769  USD
common stock		Purchase		935		58.1972  USD
common stock		Purchase		687		58.2940  USD
common stock		Purchase		669		57.5626  USD
common stock		Purchase		628		57.7793  USD
common stock		Purchase		509		57.9726  USD
common stock		Purchase		509		57.5580  USD
common stock		Purchase		458		57.9024  USD
common stock		Purchase		313		58.0215  USD
common stock		Purchase		200		58.1700  USD
common stock		Purchase		200		57.7600  USD
common stock		Purchase		200		57.9500  USD
common stock		Purchase		129		57.4200  USD
common stock		Purchase		100		58.2600  USD
common stock		Purchase		100		57.6500  USD
common stock		Purchase		100		58.2800  USD
common stock		Purchase		30		58.2500  USD
common stock		Sale		84,305		58.3747  USD
common stock		Sale		60,645		58.4800  USD
common stock		Sale		40,323		57.4818  USD
common stock		Sale		36,176		58.1993  USD
common stock		Sale		26,562		58.4589  USD
common stock		Sale		21,361		58.1009  USD
common stock		Sale		20,250		57.9403  USD
common stock		Sale		19,136		58.2083  USD
common stock		Sale		18,841		58.1699  USD
common stock		Sale		18,310		58.2282  USD
common stock		Sale		12,850		58.0513  USD
common stock		Sale		11,984		57.6828  USD
common stock		Sale		11,248		57.9815  USD
common stock		Sale		11,068		58.4736  USD
common stock		Sale		10,411		58.0930  USD
common stock		Sale		9,466		57.5974  USD
common stock		Sale		7,815		58.2107  USD
common stock		Sale		5,063		58.1572  USD
common stock		Sale		4,046		58.2866  USD
common stock		Sale		2,530		58.2047  USD
common stock		Sale		2,333		58.3515  USD
common stock		Sale		1,000		58.1500  USD
common stock		Sale		1,000		58.1300  USD
common stock		Sale		888		58.1362  USD
common stock		Sale		735		57.8498  USD
common stock		Sale		628		57.7793  USD
common stock		Sale		509		57.9726  USD
common stock		Sale		342		58.0594  USD
common stock		Sale		320		57.8264  USD
common stock		Sale		293		58.2944  USD
common stock		Sale		263		58.0117  USD
common stock		Sale		258		58.2300  USD
common stock		Sale		200		58.1700  USD
common stock		Sale		173		58.2217  USD
common stock		Sale		129		57.4200  USD
common stock		Sale		110		58.2081  USD
common stock		Sale		100		57.4400  USD
common stock		Sale		100		57.5200  USD
common stock		Sale		100		58.2800  USD
common stock		Sale		98		58.4095  USD
common stock		Sale		14		58.4200  USD
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
(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:				22 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	Put Options	Purchased	-35,000	55.0000	American	24 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