Form 8.3 - INTERNATIONAL PAPER CO

Barclays PLC
12 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:

11 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:

 

 

726,344

0.21%

581,835

0.17%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

271,531

0.08%

27,615

0.01%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

997,875

0.29%

609,450

0.18%

(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

134,547

37.8402  USD

common stock

Purchase

48,895

37.8624  USD

common stock

Purchase

33,476

37.8469  USD

common stock

Purchase

31,995

37.8159  USD

common stock

Purchase

23,800

37.8969  USD

common stock

Purchase

19,838

37.8100  USD

common stock

Purchase

11,162

37.8613  USD

common stock

Purchase

8,322

37.8984  USD

common stock

Purchase

7,410

37.8561  USD

common stock

Purchase

6,629

37.8633  USD

common stock

Purchase

6,391

37.8532  USD

common stock

Purchase

4,722

37.8432  USD

common stock

Purchase

4,494

37.9172  USD

common stock

Purchase

3,841

37.8763  USD

common stock

Purchase

3,179

37.8138  USD

common stock

Purchase

2,820

37.8526  USD

common stock

Purchase

2,798

37.8400  USD

common stock

Purchase

2,263

37.8130  USD

common stock

Purchase

1,990

37.8770  USD

common stock

Purchase

1,851

37.9273  USD

common stock

Purchase

1,790

37.8357  USD

common stock

Purchase

1,608

37.8263  USD

common stock

Purchase

1,502

37.8172  USD

common stock

Purchase

1,400

37.9060  USD

common stock

Purchase

1,333

37.8232  USD

common stock

Purchase

1,100

37.8831  USD

common stock

Purchase

1,055

37.8312  USD

common stock

Purchase

800

37.9286  USD

common stock

Purchase

700

37.8985  USD

common stock

Purchase

532

37.8722  USD

common stock

Purchase

471

38.0700  USD

common stock

Purchase

369

37.8764  USD

common stock

Purchase

361

37.8282  USD

common stock

Purchase

300

38.0433  USD

common stock

Purchase

230

37.7650  USD

common stock

Purchase

211

37.8048  USD

common stock

Purchase

186

37.8073  USD

common stock

Purchase

160

37.8409  USD

common stock

Purchase

124

37.9408  USD

common stock

Purchase

105

37.8000  USD

common stock

Purchase

100

37.9025  USD

common stock

Purchase

87

37.8416  USD

common stock

Purchase

50

35.2500  EUR

common stock

Purchase

47

38.0600  USD

common stock

Purchase

29

37.9000  USD

common stock

Purchase

4

37.8600  USD

common stock

Sale

203,911

37.8435  USD

common stock

Sale

33,476

37.8469  USD

common stock

Sale

30,860

37.8164  USD

common stock

Sale

19,291

37.8100  USD

common stock

Sale

16,732

37.8663  USD

common stock

Sale

11,292

37.9243  USD

common stock

Sale

11,227

37.8442  USD

common stock

Sale

9,191

37.8578  USD

common stock

Sale

8,050

37.8714  USD

common stock

Sale

7,371

37.8279  USD

common stock

Sale

7,225

37.8918  USD

common stock

Sale

5,810

37.9709  USD

common stock

Sale

4,358

37.8431  USD

common stock

Sale

3,985

37.8362  USD

common stock

Sale

3,533

37.8611  USD

common stock

Sale

3,098

37.9600  USD

common stock

Sale

2,710

37.8263  USD

common stock

Sale

2,551

37.8217  USD

common stock

Sale

2,379

37.8151  USD

common stock

Sale

1,889

37.8260  USD

common stock

Sale

1,790

37.8357  USD

common stock

Sale

1,683

37.8715  USD

common stock

Sale

1,571

38.0703  USD

common stock

Sale

1,477

37.8656  USD

common stock

Sale

1,400

37.9060  USD

common stock

Sale

1,094

37.9035  USD

common stock

Sale

1,084

37.9376  USD

common stock

Sale

950

37.8831  USD

common stock

Sale

780

37.8533  USD

common stock

Sale

471

38.0700  USD

common stock

Sale

300

38.0433  USD

common stock

Sale

300

37.8166  USD

common stock

Sale

289

37.8088  USD

common stock

Sale

276

37.8295  USD

common stock

Sale

211

37.8048  USD

common stock

Sale

200

37.8850  USD

common stock

Sale

191

37.8400  USD

common stock

Sale

167

37.8102  USD

common stock

Sale

150

37.8833  USD

common stock

Sale

115

37.7650  USD

common stock

Sale

105

38.0495  USD

common stock

Sale

100

37.8900  USD

common stock

Sale

100

38.1300  USD

common stock

Sale

100

37.9025  USD

common stock

Sale

99

37.8841  USD

common stock

Sale

82

37.7600  USD

common stock

Sale

50

35.2500  EUR

common stock

Sale

33

37.7500  USD

common stock

Sale

16

37.9705  USD

common stock

Sale

10

37.7750  USD

common stock

Sale

5

37.8500  USD

common stock

Sale

4

37.8600  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

28,700

37.8506  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:

12 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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