Form 8.3 - INTERNATIONAL PAPER CO

Barclays PLC

10 April 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 CO
	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:				09 Apr 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:			732,966	0.21%	529,686	0.15%
(2)	Cash-settled derivatives:
	and/or controlled:			174,976	0.05%	15,780	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			907,942	0.26%	545,466	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		105,925		38.0767  USD
common stock		Purchase		103,071		38.1400  USD
common stock		Purchase		62,880		37.9985  USD
common stock		Purchase		52,652		37.8902  USD
common stock		Purchase		19,173		38.0058  USD
common stock		Purchase		14,790		38.1229  USD
common stock		Purchase		13,933		37.9965  USD
common stock		Purchase		12,769		38.0297  USD
common stock		Purchase		9,579		38.0244  USD
common stock		Purchase		5,859		37.9674  USD
common stock		Purchase		4,678		38.1710  USD
common stock		Purchase		4,483		38.1390  USD
common stock		Purchase		4,142		38.1000  USD
common stock		Purchase		3,980		38.1231  USD
common stock		Purchase		3,622		37.9357  USD
common stock		Purchase		3,300		38.0843  USD
common stock		Purchase		2,574		38.0547  USD
common stock		Purchase		1,789		38.0488  USD
common stock		Purchase		1,578		38.1399  USD
common stock		Purchase		1,521		38.1150  USD
common stock		Purchase		1,283		38.1689  USD
common stock		Purchase		1,208		37.8601  USD
common stock		Purchase		888		38.2048  USD
common stock		Purchase		800		38.1462  USD
common stock		Purchase		789		37.9894  USD
common stock		Purchase		779		38.1675  USD
common stock		Purchase		719		38.1564  USD
common stock		Purchase		620		38.1175  USD
common stock		Purchase		574		37.9447  USD
common stock		Purchase		500		34.9560  EUR
common stock		Purchase		300		38.1366  USD
common stock		Purchase		293		38.1010  USD
common stock		Purchase		200		38.1100  USD
common stock		Purchase		66		38.1550  USD
common stock		Purchase		18		38.0300  USD
common stock		Purchase		16		38.1500  USD
common stock		Purchase		10		37.9800  USD
common stock		Purchase		7		38.1300  USD
common stock		Purchase		1		38.0800  USD
common stock		Sale		187,527		38.0347  USD
common stock		Sale		57,041		38.1404  USD
common stock		Sale		32,354		38.1400  USD
common stock		Sale		24,497		37.9091  USD
common stock		Sale		14,666		38.1410  USD
common stock		Sale		14,395		38.0425  USD
common stock		Sale		12,769		38.0297  USD
common stock		Sale		10,838		37.8918  USD
common stock		Sale		9,996		38.1241  USD
common stock		Sale		9,300		38.1456  USD
common stock		Sale		7,372		37.9738  USD
common stock		Sale		7,120		37.8488  USD
common stock		Sale		6,563		38.0828  USD
common stock		Sale		5,173		38.1715  USD
common stock		Sale		4,620		37.8556  USD
common stock		Sale		4,431		38.1140  USD
common stock		Sale		4,275		38.1305  USD
common stock		Sale		3,741		38.0420  USD
common stock		Sale		3,308		37.9216  USD
common stock		Sale		3,300		38.0843  USD
common stock		Sale		3,102		38.0280  USD
common stock		Sale		2,574		38.0547  USD
common stock		Sale		2,284		38.1388  USD
common stock		Sale		1,986		38.0670  USD
common stock		Sale		1,760		37.9529  USD
common stock		Sale		1,404		37.9889  USD
common stock		Sale		1,300		38.0153  USD
common stock		Sale		1,178		38.1399  USD
common stock		Sale		1,095		37.9548  USD
common stock		Sale		1,006		38.0834  USD
common stock		Sale		899		37.9065  USD
common stock		Sale		814		37.9664  USD
common stock		Sale		701		37.8586  USD
common stock		Sale		633		37.9000  USD
common stock		Sale		620		38.1175  USD
common stock		Sale		605		37.7979  USD
common stock		Sale		502		38.1031  USD
common stock		Sale		500		38.1000  USD
common stock		Sale		500		37.8200  USD
common stock		Sale		500		34.9560  EUR
common stock		Sale		500		38.0050  USD
common stock		Sale		483		37.9017  USD
common stock		Sale		400		38.0500  USD
common stock		Sale		334		38.1292  USD
common stock		Sale		307		38.1737  USD
common stock		Sale		305		38.0691  USD
common stock		Sale		274		37.9937  USD
common stock		Sale		200		38.1450  USD
common stock		Sale		200		38.1100  USD
common stock		Sale		200		38.1200  USD
common stock		Sale		200		37.9900  USD
common stock		Sale		180		37.9944  USD
common stock		Sale		141		38.0759  USD
common stock		Sale		107		38.2600  USD
common stock		Sale		100		37.8450  USD
common stock		Sale		100		38.2650  USD
common stock		Sale		100		37.7600  USD
common stock		Sale		63		37.7500  USD
common stock		Sale		33		38.1550  USD
common stock		Sale		18		38.0300  USD
common stock		Sale		1		37.9600  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		12,700	38.0267  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	Put Options	Selling	12,500	38.0000  USD	American	17 May 2024	1.0664  USD
common stock	Call Options	Selling	4,000	USD			1.8762  USD
common stock	Call Options	Selling	200	USD			0.7500  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:				10 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END