Form 8.3 INTERNATIONAL PAPER CO

Barclays PLC

03 February 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:				31 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:			954,166	0.27%	725,150	0.21%
(2)	Cash-settled derivatives:
	and/or controlled:			624,672	0.18%	47,760	0.01%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			60,100	0.02%	0	0.00%
	TOTAL:			1,638,938	0.47%	772,910	0.22%
(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		1,418,022		55.9419  USD
common stock		Purchase		363,994		55.8458  USD
common stock		Purchase		243,940		55.6773  USD
common stock		Purchase		134,042		56.6029  USD
common stock		Purchase		125,657		56.1462  USD
common stock		Purchase		125,484		56.4571  USD
common stock		Purchase		117,919		56.0447  USD
common stock		Purchase		113,114		55.6300  USD
common stock		Purchase		62,347		56.8849  USD
common stock		Purchase		50,170		56.1709  USD
common stock		Purchase		41,366		56.3482  USD
common stock		Purchase		40,922		57.3421  USD
common stock		Purchase		39,355		56.7413  USD
common stock		Purchase		32,691		55.8178  USD
common stock		Purchase		30,942		56.4611  USD
common stock		Purchase		28,292		56.3734  USD
common stock		Purchase		24,425		56.9712  USD
common stock		Purchase		18,000		57.2890  USD
common stock		Purchase		14,279		56.4606  USD
common stock		Purchase		11,668		56.8422  USD
common stock		Purchase		10,456		56.4779  USD
common stock		Purchase		8,303		56.6597  USD
common stock		Purchase		7,704		56.7500  USD
common stock		Purchase		6,327		55.9621  USD
common stock		Purchase		5,796		56.6978  USD
common stock		Purchase		5,700		56.9800  USD
common stock		Purchase		4,690		55.7955  USD
common stock		Purchase		3,964		55.7873  USD
common stock		Purchase		3,273		55.7593  USD
common stock		Purchase		3,184		56.3962  USD
common stock		Purchase		3,100		56.6987  USD
common stock		Purchase		3,047		56.7242  USD
common stock		Purchase		2,987		56.7566  USD
common stock		Purchase		2,905		55.8138  USD
common stock		Purchase		2,754		55.6688  USD
common stock		Purchase		2,600		56.9453  USD
common stock		Purchase		2,562		56.7134  USD
common stock		Purchase		2,078		56.6861  USD
common stock		Purchase		1,775		56.5956  USD
common stock		Purchase		1,644		56.6806  USD
common stock		Purchase		1,400		56.5907  USD
common stock		Purchase		1,368		56.7561  USD
common stock		Purchase		1,052		56.1500  USD
common stock		Purchase		1,008		57.1257  USD
common stock		Purchase		900		56.7866  USD
common stock		Purchase		733		55.7891  USD
common stock		Purchase		700		57.4829  USD
common stock		Purchase		642		56.5093  USD
common stock		Purchase		612		56.5456  USD
common stock		Purchase		600		56.1266  USD
common stock		Purchase		500		56.9100  USD
common stock		Purchase		481		55.7922  USD
common stock		Purchase		445		56.3118  USD
common stock		Purchase		400		55.7650  USD
common stock		Purchase		395		55.6322  USD
common stock		Purchase		336		56.6968  USD
common stock		Purchase		275		56.1655  USD
common stock		Purchase		244		55.7722  USD
common stock		Purchase		201		56.8300  USD
common stock		Purchase		200		56.3300  USD
common stock		Purchase		170		56.4100  USD
common stock		Purchase		145		57.6833  USD
common stock		Purchase		135		57.9400  USD
common stock		Purchase		100		55.5100  USD
common stock		Purchase		75		57.1340  USD
common stock		Purchase		70		55.5800  USD
common stock		Purchase		40		57.8100  USD
common stock		Purchase		18		57.2594  USD
common stock		Purchase		11		55.3400  EUR
common stock		Purchase		4		55.6000  USD
common stock		Sale		1,052,944		55.8111  USD
common stock		Sale		395,861		55.9188  USD
common stock		Sale		259,753		55.9915  USD
common stock		Sale		212,026		56.4119  USD
common stock		Sale		124,369		56.1450  USD
common stock		Sale		118,934		55.6300  USD
common stock		Sale		115,538		56.6706  USD
common stock		Sale		94,330		56.4054  USD
common stock		Sale		85,254		56.4810  USD
common stock		Sale		83,602		56.4375  USD
common stock		Sale		67,453		56.0844  USD
common stock		Sale		59,142		55.6356  USD
common stock		Sale		58,877		56.4333  USD
common stock		Sale		52,011		55.8251  USD
common stock		Sale		50,170		56.1709  USD
common stock		Sale		39,200		56.1502  USD
common stock		Sale		30,213		56.3685  USD
common stock		Sale		24,425		56.9712  USD
common stock		Sale		22,017		56.7196  USD
common stock		Sale		21,118		56.6975  USD
common stock		Sale		19,910		56.5268  USD
common stock		Sale		18,000		57.2890  USD
common stock		Sale		17,139		56.9631  USD
common stock		Sale		15,645		56.2224  USD
common stock		Sale		11,377		56.2790  USD
common stock		Sale		10,624		56.3046  USD
common stock		Sale		10,113		56.4563  USD
common stock		Sale		10,051		56.4548  USD
common stock		Sale		9,456		56.1110  USD
common stock		Sale		8,492		56.3208  USD
common stock		Sale		8,359		56.5762  USD
common stock		Sale		7,875		56.5979  USD
common stock		Sale		7,704		56.7500  USD
common stock		Sale		7,277		55.6898  USD
common stock		Sale		7,254		56.2084  USD
common stock		Sale		6,800		56.3238  USD
common stock		Sale		6,719		56.7450  USD
common stock		Sale		6,350		55.8786  USD
common stock		Sale		5,494		56.2341  USD
common stock		Sale		3,820		55.9201  USD
common stock		Sale		3,367		56.1666  USD
common stock		Sale		3,100		56.3219  USD
common stock		Sale		2,543		56.2767  USD
common stock		Sale		1,962		56.7764  USD
common stock		Sale		1,801		55.8594  USD
common stock		Sale		1,741		56.1582  USD
common stock		Sale		1,411		56.3816  USD
common stock		Sale		1,368		56.7561  USD
common stock		Sale		1,288		56.2612  USD
common stock		Sale		1,114		56.2562  USD
common stock		Sale		707		56.0785  USD
common stock		Sale		643		56.5300  USD
common stock		Sale		642		56.5093  USD
common stock		Sale		600		56.1116  USD
common stock		Sale		600		56.5072  USD
common stock		Sale		592		56.5661  USD
common stock		Sale		495		56.3607  USD
common stock		Sale		400		56.5125  USD
common stock		Sale		300		57.2600  USD
common stock		Sale		278		56.0067  USD
common stock		Sale		233		55.7612  USD
common stock		Sale		200		57.2500  USD
common stock		Sale		200		55.5300  USD
common stock		Sale		140		57.3014  USD
common stock		Sale		135		57.9400  USD
common stock		Sale		123		55.6765  USD
common stock		Sale		104		55.6128  USD
common stock		Sale		100		55.5100  USD
common stock		Sale		100		57.7100  USD
common stock		Sale		100		55.5200  USD
common stock		Sale		100		56.4000  USD
common stock		Sale		94		56.1995  USD
common stock		Sale		85		56.4100  USD
common stock		Sale		75		57.1340  USD
common stock		Sale		70		55.5800  USD
common stock		Sale		50		56.4900  USD
common stock		Sale		45		55.5233  USD
common stock		Sale		40		55.5700  USD
common stock		Sale		40		57.7150  USD
common stock		Sale		39		55.5900  USD
common stock		Sale		38		56.2157  USD
common stock		Sale		35		56.4700  USD
common stock		Sale		11		55.3400  EUR
common stock		Sale		9		56.0044  USD
common stock		Sale		8		56.7650  USD
common stock		Sale		7		56.3014  USD
common stock		Sale		6		55.5662  USD
common stock		Sale		3		55.6100  USD
common stock		Sale		2		56.6400  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		Decreasing Long		2,124	55.6309  USD
common stock		SWAP		Decreasing Long		55	55.6310  USD
common stock		SWAP		Increasing Short		9,150	56.6977  USD
common stock		SWAP		Increasing Long		4,954	55.5911  USD
common stock		SWAP		Increasing Long		45,000	55.7017  USD
common stock		SWAP		Increasing Long		14,054	55.9346  USD
common stock		SWAP		Increasing Long		12,850	56.5727  USD
common stock		SWAP		Increasing Long		32,125	57.0395  USD
common stock		SWAP		Decreasing Long		12,850	56.9814  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?				YES
Date of disclosure:				03 Feb 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	Call Options	Purchased	29,100	60.0000	American	31 Jan 2025
common stock	Call Options	Purchased	31,000	63.0000	American	31 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