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Form 8.3 INTERNATIONAL PAPER CO

3rd Feb 2025 13:49

RNS Number : 7022V
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:

 

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END
 
 
RETSSWFDDEISELE

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