Form 8.3 - International Paper Company

Barclays PLC
08 May 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:

07 May 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:

 

 

681,910

0.20%

788,185

0.23%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

464,647

0.13%

100,125

0.03%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

1,146,557

0.33%

888,310

0.26%

(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

581,846

38.7929  USD

common stock

Purchase

482,188

38.8882  USD

common stock

Purchase

384,523

38.9140  USD

common stock

Purchase

265,061

38.8827  USD

common stock

Purchase

166,788

39.1124  USD

common stock

Purchase

141,797

39.0631  USD

common stock

Purchase

137,633

38.9995  USD

common stock

Purchase

128,982

39.0262  USD

common stock

Purchase

127,344

38.9374  USD

common stock

Purchase

111,482

39.2108  USD

common stock

Purchase

96,616

39.0414  USD

common stock

Purchase

87,474

38.7065  USD

common stock

Purchase

63,775

39.0988  USD

common stock

Purchase

61,868

38.9331  USD

common stock

Purchase

61,303

38.8273  USD

common stock

Purchase

53,909

38.8693  USD

common stock

Purchase

42,500

39.0565  USD

common stock

Purchase

40,186

39.0627  USD

common stock

Purchase

36,000

39.0000  USD

common stock

Purchase

27,404

39.0971  USD

common stock

Purchase

23,903

38.2904  USD

common stock

Purchase

22,500

39.4271  USD

common stock

Purchase

22,159

38.7658  USD

common stock

Purchase

18,491

38.8688  USD

common stock

Purchase

17,500

39.3742  USD

common stock

Purchase

12,934

39.2813  USD

common stock

Purchase

12,788

38.9793  USD

common stock

Purchase

11,688

38.8201  USD

common stock

Purchase

10,772

38.8400  USD

common stock

Purchase

10,391

38.7993  USD

common stock

Purchase

10,025

38.7017  USD

common stock

Purchase

10,000

38.4500  USD

common stock

Purchase

9,234

38.8429  USD

common stock

Purchase

7,440

38.9640  USD

common stock

Purchase

6,611

38.7883  USD

common stock

Purchase

6,381

38.5813  USD

common stock

Purchase

5,816

38.5864  USD

common stock

Purchase

5,146

39.9529  USD

common stock

Purchase

5,000

39.1430  USD

common stock

Purchase

4,455

38.8813  USD

common stock

Purchase

4,292

38.7903  USD

common stock

Purchase

3,800

38.7534  USD

common stock

Purchase

3,466

38.8394  USD

common stock

Purchase

2,666

38.9641  USD

common stock

Purchase

2,508

39.2007  USD

common stock

Purchase

2,500

38.8100  USD

common stock

Purchase

2,474

38.8452  USD

common stock

Purchase

2,468

38.8650  USD

common stock

Purchase

1,967

39.7401  USD

common stock

Purchase

1,924

38.7938  USD

common stock

Purchase

1,771

39.1996  USD

common stock

Purchase

1,638

38.8897  USD

common stock

Purchase

1,462

38.9611  USD

common stock

Purchase

1,400

38.9380  USD

common stock

Purchase

1,390

39.2835  USD

common stock

Purchase

1,340

38.6850  USD

common stock

Purchase

1,270

38.8783  USD

common stock

Purchase

900

38.8077  USD

common stock

Purchase

842

39.0703  USD

common stock

Purchase

800

38.9387  USD

common stock

Purchase

649

38.9885  USD

common stock

Purchase

578

38.4899  USD

common stock

Purchase

500

38.8730  USD

common stock

Purchase

407

38.4201  USD

common stock

Purchase

396

39.7159  USD

common stock

Purchase

374

38.1363  USD

common stock

Purchase

361

38.9608  USD

common stock

Purchase

300

39.1733  USD

common stock

Purchase

279

38.3453  USD

common stock

Purchase

200

38.8525  USD

common stock

Purchase

200

38.5500  USD

common stock

Purchase

200

38.7750  USD

common stock

Purchase

200

39.1500  USD

common stock

Purchase

200

38.7000  USD

common stock

Purchase

100

38.1600  USD

common stock

Purchase

100

38.8500  USD

common stock

Purchase

100

38.5000  USD

common stock

Purchase

61

38.9800  USD

common stock

Purchase

10

38.6200  USD

common stock

Purchase

4

39.0600  USD

common stock

Sale

469,591

38.6011  USD

common stock

Sale

313,299

39.0615  USD

common stock

Sale

235,419

39.1110  USD

common stock

Sale

218,866

38.9747  USD

common stock

Sale

207,007

38.8812  USD

common stock

Sale

196,581

38.8117  USD

common stock

Sale

195,445

39.2337  USD

common stock

Sale

156,254

38.8095  USD

common stock

Sale

143,000

38.8285  USD

common stock

Sale

142,383

38.7470  USD

common stock

Sale

129,898

38.8775  USD

common stock

Sale

111,782

39.2098  USD

common stock

Sale

89,659

39.2415  USD

common stock

Sale

79,455

38.8431  USD

common stock

Sale

66,444

38.9493  USD

common stock

Sale

53,229

39.9617  USD

common stock

Sale

51,694

38.6447  USD

common stock

Sale

45,161

38.8924  USD

common stock

Sale

36,005

39.0000  USD

common stock

Sale

34,516

39.3222  USD

common stock

Sale

33,383

38.8647  USD

common stock

Sale

27,225

38.8614  USD

common stock

Sale

23,998

38.9566  USD

common stock

Sale

22,500

39.4271  USD

common stock

Sale

20,664

38.2894  USD

common stock

Sale

20,043

38.7852  USD

common stock

Sale

20,010

39.6227  USD

common stock

Sale

17,299

39.5106  USD

common stock

Sale

17,202

38.8012  USD

common stock

Sale

16,649

39.0427  USD

common stock

Sale

16,229

38.6095  USD

common stock

Sale

15,922

39.4415  USD

common stock

Sale

15,881

38.8047  USD

common stock

Sale

14,396

39.0944  USD

common stock

Sale

12,376

38.4214  USD

common stock

Sale

12,364

38.6393  USD

common stock

Sale

12,334

38.8683  USD

common stock

Sale

10,904

38.9176  USD

common stock

Sale

10,727

39.2178  USD

common stock

Sale

10,025

38.7017  USD

common stock

Sale

10,000

38.4500  USD

common stock

Sale

9,001

38.3425  USD

common stock

Sale

7,006

38.8661  USD

common stock

Sale

6,826

39.9006  USD

common stock

Sale

6,826

38.9573  USD

common stock

Sale

6,603

38.9932  USD

common stock

Sale

6,540

38.8619  USD

common stock

Sale

6,381

39.9425  USD

common stock

Sale

6,312

38.8400  USD

common stock

Sale

6,198

39.1327  USD

common stock

Sale

5,666

38.9752  USD

common stock

Sale

5,264

38.9487  USD

common stock

Sale

5,000

39.1430  USD

common stock

Sale

4,486

39.2319  USD

common stock

Sale

3,800

38.7534  USD

common stock

Sale

3,323

38.3681  USD

common stock

Sale

3,296

38.8515  USD

common stock

Sale

3,239

38.2968  USD

common stock

Sale

3,206

39.1353  USD

common stock

Sale

3,104

38.8345  USD

common stock

Sale

2,913

38.9716  USD

common stock

Sale

2,801

38.9424  USD

common stock

Sale

2,800

38.9713  USD

common stock

Sale

2,693

38.8383  USD

common stock

Sale

2,532

38.9046  USD

common stock

Sale

2,500

38.8100  USD

common stock

Sale

2,478

39.1234  USD

common stock

Sale

2,422

38.9697  USD

common stock

Sale

2,330

38.3129  USD

common stock

Sale

2,059

39.0354  USD

common stock

Sale

1,842

39.6242  USD

common stock

Sale

1,605

38.7307  USD

common stock

Sale

1,531

38.9317  USD

common stock

Sale

1,400

38.9380  USD

common stock

Sale

1,270

38.8783  USD

common stock

Sale

1,253

39.5323  USD

common stock

Sale

1,205

38.2700  USD

common stock

Sale

1,000

39.6250  USD

common stock

Sale

953

38.9032  USD

common stock

Sale

842

39.0703  USD

common stock

Sale

800

39.0087  USD

common stock

Sale

713

38.9171  USD

common stock

Sale

701

38.8975  USD

common stock

Sale

614

39.0378  USD

common stock

Sale

590

39.6232  USD

common stock

Sale

558

39.6267  USD

common stock

Sale

500

38.8730  USD

common stock

Sale

400

38.9725  USD

common stock

Sale

400

39.4875  USD

common stock

Sale

400

39.6850  USD

common stock

Sale

400

39.6275  USD

common stock

Sale

374

39.7578  USD

common stock

Sale

361

38.9608  USD

common stock

Sale

301

38.5509  USD

common stock

Sale

300

39.4466  USD

common stock

Sale

300

39.6150  USD

common stock

Sale

265

38.8899  USD

common stock

Sale

263

38.9128  USD

common stock

Sale

249

39.0500  USD

common stock

Sale

246

39.1504  USD

common stock

Sale

200

38.2550  USD

common stock

Sale

200

38.7000  USD

common stock

Sale

200

39.6300  USD

common stock

Sale

200

38.5500  USD

common stock

Sale

152

38.7680  USD

common stock

Sale

132

38.6924  USD

common stock

Sale

129

39.3213  USD

common stock

Sale

100

38.3800  USD

common stock

Sale

100

39.6450  USD

common stock

Sale

100

40.0100  USD

common stock

Sale

100

38.8300  USD

common stock

Sale

100

38.5000  USD

common stock

Sale

100

39.0200  USD

common stock

Sale

100

39.8700  USD

common stock

Sale

98

38.7146  USD

common stock

Sale

95

38.7536  USD

common stock

Sale

81

38.8700  USD

common stock

Sale

61

38.7100  USD

common stock

Sale

50

36.9300  USD

common stock

Sale

22

39.0037  USD

common stock

Sale

20

38.8875  USD

common stock

Sale

18

39.3900  USD

common stock

Sale

15

38.9150  USD

common stock

Sale

10

38.9300  USD

common stock

Sale

8

38.8487  USD

common stock

Sale

5

38.8450  USD

common stock

Sale

5

38.6200  USD

common stock

Sale

4

39.0600  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

1,222

38.2441  USD

common stock

SWAP

Increasing Long

3,067

38.5242  USD

common stock

SWAP

Increasing Long

3,068

39.0164  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

Call Options

Selling

200,000

  USD

 

 

0.4500  USD

common stock

Call Options

Selling

1,000

  USD

 

 

0.3500  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:

08 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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END
 
 

Companies

Barclays (BARC)
UK 100