Form 8.3 - INTERNATIONAL PAPER CO

Barclays PLC
15 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:

12 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:

 

 

726,325

0.21%

583,109

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:

 

 

997,856

0.29%

610,724

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

218,857

37.1897  USD

common stock

Purchase

60,578

37.2603  USD

common stock

Purchase

30,042

37.4103  USD

common stock

Purchase

21,133

37.1671  USD

common stock

Purchase

15,692

37.2223  USD

common stock

Purchase

13,194

37.3103  USD

common stock

Purchase

13,073

37.1383  USD

common stock

Purchase

10,693

37.2772  USD

common stock

Purchase

4,984

37.4524  USD

common stock

Purchase

3,363

37.1007  USD

common stock

Purchase

3,041

37.2928  USD

common stock

Purchase

2,199

37.2114  USD

common stock

Purchase

1,978

37.2774  USD

common stock

Purchase

1,838

37.2538  USD

common stock

Purchase

1,549

37.0682  USD

common stock

Purchase

1,136

37.1989  USD

common stock

Purchase

998

37.3886  USD

common stock

Purchase

894

37.3854  USD

common stock

Purchase

883

37.1400  USD

common stock

Purchase

785

37.1398  USD

common stock

Purchase

660

37.1049  USD

common stock

Purchase

600

37.2016  USD

common stock

Purchase

600

37.0810  USD

common stock

Purchase

600

37.3183  USD

common stock

Purchase

506

37.1767  USD

common stock

Purchase

500

37.1660  USD

common stock

Purchase

406

37.3855  USD

common stock

Purchase

400

37.1125  USD

common stock

Purchase

377

37.2226  USD

common stock

Purchase

361

37.2530  USD

common stock

Purchase

200

37.5600  USD

common stock

Purchase

200

37.1550  USD

common stock

Purchase

168

37.2533  USD

common stock

Purchase

153

37.4300  USD

common stock

Purchase

122

37.3586  USD

common stock

Purchase

100

37.2100  USD

common stock

Purchase

100

37.5150  USD

common stock

Purchase

41

37.5400  USD

common stock

Purchase

30

37.4200  USD

common stock

Purchase

12

37.5550  USD

common stock

Purchase

2

37.0900  USD

common stock

Sale

120,666

37.1963  USD

common stock

Sale

71,127

37.1947  USD

common stock

Sale

27,425

37.4217  USD

common stock

Sale

27,057

37.1854  USD

common stock

Sale

25,717

37.2608  USD

common stock

Sale

24,517

37.2549  USD

common stock

Sale

13,809

37.3475  USD

common stock

Sale

11,543

37.1615  USD

common stock

Sale

10,453

37.1480  USD

common stock

Sale

10,313

37.1418  USD

common stock

Sale

8,487

37.2403  USD

common stock

Sale

7,215

37.2471  USD

common stock

Sale

6,594

37.2704  USD

common stock

Sale

5,922

37.2963  USD

common stock

Sale

4,977

37.1124  USD

common stock

Sale

3,497

37.1878  USD

common stock

Sale

3,393

37.1723  USD

common stock

Sale

3,112

37.1400  USD

common stock

Sale

3,041

37.2928  USD

common stock

Sale

2,906

37.1399  USD

common stock

Sale

2,199

37.2114  USD

common stock

Sale

2,182

37.1383  USD

common stock

Sale

2,045

37.2748  USD

common stock

Sale

1,781

37.4288  USD

common stock

Sale

1,486

37.1087  USD

common stock

Sale

1,477

37.1063  USD

common stock

Sale

1,402

37.3881  USD

common stock

Sale

1,314

37.1729  USD

common stock

Sale

1,136

37.1989  USD

common stock

Sale

1,065

37.1937  USD

common stock

Sale

975

37.5308  USD

common stock

Sale

950

37.4072  USD

common stock

Sale

742

37.0989  USD

common stock

Sale

706

37.5171  USD

common stock

Sale

600

37.0810  USD

common stock

Sale

506

37.1767  USD

common stock

Sale

386

37.3831  USD

common stock

Sale

354

37.5109  USD

common stock

Sale

296

37.0817  USD

common stock

Sale

200

36.9675  USD

common stock

Sale

185

37.1394  USD

common stock

Sale

168

37.2533  USD

common stock

Sale

155

37.3569  USD

common stock

Sale

121

37.1820  USD

common stock

Sale

102

37.3962  USD

common stock

Sale

100

37.5000  USD

common stock

Sale

100

37.1600  USD

common stock

Sale

100

36.9475  USD

common stock

Sale

70

37.0900  USD

common stock

Sale

21

37.1200  USD

common stock

Sale

20

37.4325  USD

common stock

Sale

8

37.2925  USD

common stock

Sale

6

37.5550  USD

common stock

Sale

6

37.0100  USD

common stock

Sale

6

37.5200  USD

common stock

Sale

4

37.2100  USD

common stock

Sale

2

37.3100  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

 

 

 

 

common stock

Call Options

Selling

4,200

  USD

 

 

3.4952  USD

common stock

Call Options

Selling

12,500

  USD

 

 

1.2500  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:

15 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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