Form 8.3 - International Paper Company

Barclays PLC

31 January 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:				30 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:			890,358	0.26%	641,264	0.18%
(2)	Cash-settled derivatives:
	and/or controlled:			530,718	0.15%	38,610	0.01%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			60,100	0.02%	0	0.00%
	TOTAL:			1,481,176	0.43%	679,874	0.20%
(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		994,680		56.6496  USD
common stock		Purchase		499,118		56.9339  USD
common stock		Purchase		231,617		56.3945  USD
common stock		Purchase		135,968		56.7646  USD
common stock		Purchase		97,660		56.0775  USD
common stock		Purchase		58,480		56.5955  USD
common stock		Purchase		42,329		56.7450  USD
common stock		Purchase		41,813		57.0500  USD
common stock		Purchase		38,444		55.3167  USD
common stock		Purchase		24,225		56.6381  USD
common stock		Purchase		20,830		55.4426  USD
common stock		Purchase		16,357		56.4736  USD
common stock		Purchase		15,000		56.8677  USD
common stock		Purchase		14,933		55.1696  USD
common stock		Purchase		13,939		56.3683  USD
common stock		Purchase		13,351		57.0333  USD
common stock		Purchase		11,170		56.4903  USD
common stock		Purchase		10,425		57.2123  USD
common stock		Purchase		10,395		56.5499  USD
common stock		Purchase		6,727		55.1929  USD
common stock		Purchase		5,472		56.1182  USD
common stock		Purchase		4,447		56.6941  USD
common stock		Purchase		4,397		56.5501  USD
common stock		Purchase		3,739		57.2355  USD
common stock		Purchase		2,972		56.2402  USD
common stock		Purchase		2,787		56.6382  USD
common stock		Purchase		2,756		56.0528  USD
common stock		Purchase		2,576		56.8967  USD
common stock		Purchase		2,523		56.8884  USD
common stock		Purchase		2,093		56.0904  USD
common stock		Purchase		2,000		57.2000  USD
common stock		Purchase		1,835		56.5796  USD
common stock		Purchase		1,596		56.8827  USD
common stock		Purchase		1,561		55.9847  USD
common stock		Purchase		1,403		55.3613  USD
common stock		Purchase		1,400		56.5107  USD
common stock		Purchase		1,227		57.2009  USD
common stock		Purchase		1,077		55.7274  USD
common stock		Purchase		1,048		56.9302  USD
common stock		Purchase		936		56.6978  USD
common stock		Purchase		900		54.9294  USD
common stock		Purchase		790		55.0363  USD
common stock		Purchase		776		56.6870  USD
common stock		Purchase		700		56.3514  USD
common stock		Purchase		601		55.0216  USD
common stock		Purchase		515		56.1957  USD
common stock		Purchase		458		55.5597  EUR
common stock		Purchase		434		55.1772  USD
common stock		Purchase		426		55.5912  USD
common stock		Purchase		301		55.0300  USD
common stock		Purchase		281		55.8061  USD
common stock		Purchase		270		55.8550  USD
common stock		Purchase		242		55.5549  USD
common stock		Purchase		200		56.4750  USD
common stock		Purchase		200		56.2600  USD
common stock		Purchase		147		55.1863  USD
common stock		Purchase		124		55.2912  USD
common stock		Purchase		102		57.0626  USD
common stock		Purchase		100		56.9700  USD
common stock		Purchase		100		54.9850  USD
common stock		Purchase		100		56.1700  USD
common stock		Purchase		88		56.9500  USD
common stock		Sale		1,327,854		56.5529  USD
common stock		Sale		177,269		56.9166  USD
common stock		Sale		134,233		56.9218  USD
common stock		Sale		88,014		57.0500  USD
common stock		Sale		85,853		56.5641  USD
common stock		Sale		79,063		56.9728  USD
common stock		Sale		70,544		55.8415  USD
common stock		Sale		36,580		56.9046  USD
common stock		Sale		34,734		56.9794  USD
common stock		Sale		32,039		56.9265  USD
common stock		Sale		24,641		56.7471  USD
common stock		Sale		20,830		55.4426  USD
common stock		Sale		20,064		56.4955  USD
common stock		Sale		18,444		57.0521  USD
common stock		Sale		16,444		56.7039  USD
common stock		Sale		11,527		56.7556  USD
common stock		Sale		9,594		56.4096  USD
common stock		Sale		8,203		56.7980  USD
common stock		Sale		7,282		56.9163  USD
common stock		Sale		5,342		56.0133  USD
common stock		Sale		5,253		56.9694  USD
common stock		Sale		5,006		56.8741  USD
common stock		Sale		3,861		56.8714  USD
common stock		Sale		3,803		56.8863  USD
common stock		Sale		3,405		55.6123  USD
common stock		Sale		3,400		56.8166  USD
common stock		Sale		3,323		57.2622  USD
common stock		Sale		3,288		56.9204  USD
common stock		Sale		2,401		56.8479  USD
common stock		Sale		2,386		56.6891  USD
common stock		Sale		2,376		56.8593  USD
common stock		Sale		1,911		56.8702  USD
common stock		Sale		1,871		56.4784  USD
common stock		Sale		1,746		56.8096  USD
common stock		Sale		1,576		56.9817  USD
common stock		Sale		1,553		56.8828  USD
common stock		Sale		1,227		57.2009  USD
common stock		Sale		1,200		56.8897  USD
common stock		Sale		1,153		56.8631  USD
common stock		Sale		1,127		57.3100  USD
common stock		Sale		936		56.6978  USD
common stock		Sale		920		57.1735  USD
common stock		Sale		896		56.8159  USD
common stock		Sale		890		56.7391  USD
common stock		Sale		875		57.1311  USD
common stock		Sale		776		56.6870  USD
common stock		Sale		755		57.2627  USD
common stock		Sale		700		56.4942  USD
common stock		Sale		700		56.9828  USD
common stock		Sale		686		56.9617  USD
common stock		Sale		528		56.5300  USD
common stock		Sale		458		55.5597  EUR
common stock		Sale		416		57.0215  USD
common stock		Sale		400		55.7875  USD
common stock		Sale		382		56.8830  USD
common stock		Sale		309		56.6608  USD
common stock		Sale		300		56.9433  USD
common stock		Sale		252		56.5001  USD
common stock		Sale		221		57.0100  USD
common stock		Sale		206		56.9999  USD
common stock		Sale		200		56.9714  USD
common stock		Sale		200		57.3400  USD
common stock		Sale		166		56.9546  USD
common stock		Sale		100		56.8600  USD
common stock		Sale		100		57.6800  USD
common stock		Sale		100		57.5800  USD
common stock		Sale		100		57.1250  USD
common stock		Sale		100		56.7200  USD
common stock		Sale		100		57.3600  USD
common stock		Sale		45		56.9320  USD
common stock		Sale		36		56.9425  USD
common stock		Sale		9		57.0800  USD
common stock		Sale		7		55.3600  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		Opening Short		18,300	55.2235  USD
common stock		SWAP		Increasing Long		3,320	57.2611  USD
common stock		SWAP		Decreasing Long		106	56.5967  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:				31 Jan 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