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Form 8.3 - INTERNATIONAL PAPER COMPANY

20th Jan 2025 14:26

RNS Number : 9992T
Barclays PLC
20 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:

17 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:

686,783

0.20%

644,162

0.19%

(2)

Cash-settled derivatives:

and/or controlled:

544,466

0.16%

13,660

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

35,000

0.01%

TOTAL:

1,231,249

0.35%

692,822

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

130,151

56.5500 USD

common stock

Purchase

127,834

56.8121 USD

common stock

Purchase

78,025

56.9291 USD

common stock

Purchase

71,311

56.7798 USD

common stock

Purchase

46,009

56.8484 USD

common stock

Purchase

43,178

56.8676 USD

common stock

Purchase

34,709

56.9301 USD

common stock

Purchase

32,825

56.9268 USD

common stock

Purchase

32,125

56.7885 USD

common stock

Purchase

29,925

56.5999 USD

common stock

Purchase

29,900

56.6000 USD

common stock

Purchase

25,168

56.7834 USD

common stock

Purchase

14,160

56.7877 USD

common stock

Purchase

13,125

56.7768 USD

common stock

Purchase

12,623

56.7567 USD

common stock

Purchase

10,797

56.7205 USD

common stock

Purchase

9,267

56.7443 USD

common stock

Purchase

7,165

56.7855 USD

common stock

Purchase

5,554

56.7703 USD

common stock

Purchase

4,432

56.7350 USD

common stock

Purchase

4,098

56.8021 USD

common stock

Purchase

4,043

56.7721 USD

common stock

Purchase

3,941

56.8500 USD

common stock

Purchase

3,615

56.7489 USD

common stock

Purchase

3,571

56.9300 USD

common stock

Purchase

3,524

56.7867 USD

common stock

Purchase

3,496

56.8027 USD

common stock

Purchase

3,355

56.7649 USD

common stock

Purchase

3,236

56.7800 USD

common stock

Purchase

2,833

56.7442 USD

common stock

Purchase

2,590

56.7550 USD

common stock

Purchase

2,477

56.7873 USD

common stock

Purchase

2,393

56.7598 USD

common stock

Purchase

2,204

56.7786 USD

common stock

Purchase

2,198

56.7676 USD

common stock

Purchase

2,052

56.7503 USD

common stock

Purchase

1,800

56.8527 USD

common stock

Purchase

1,788

56.9040 USD

common stock

Purchase

1,252

56.7515 USD

common stock

Purchase

1,134

56.8079 USD

common stock

Purchase

1,086

56.7748 USD

common stock

Purchase

1,030

56.8088 USD

common stock

Purchase

854

56.7634 USD

common stock

Purchase

808

56.7565 USD

common stock

Purchase

781

56.7847 USD

common stock

Purchase

775

56.7819 USD

common stock

Purchase

742

56.7901 USD

common stock

Purchase

740

56.7826 USD

common stock

Purchase

632

56.7620 USD

common stock

Purchase

617

56.8310 USD

common stock

Purchase

608

56.7661 USD

common stock

Purchase

514

56.7305 USD

common stock

Purchase

505

56.7730 USD

common stock

Purchase

500

56.6790 USD

common stock

Purchase

491

56.7394 USD

common stock

Purchase

478

56.8015 USD

common stock

Purchase

447

56.7992 USD

common stock

Purchase

400

56.8050 USD

common stock

Purchase

400

56.8750 USD

common stock

Purchase

400

56.6800 USD

common stock

Purchase

400

56.7975 USD

common stock

Purchase

379

56.8085 USD

common stock

Purchase

333

56.7820 USD

common stock

Purchase

303

56.7600 USD

common stock

Purchase

301

56.7899 USD

common stock

Purchase

300

56.7733 USD

common stock

Purchase

300

56.8533 USD

common stock

Purchase

300

56.7500 USD

common stock

Purchase

248

56.8058 USD

common stock

Purchase

226

56.8000 USD

common stock

Purchase

202

56.8298 USD

common stock

Purchase

200

56.7950 USD

common stock

Purchase

187

56.8041 USD

common stock

Purchase

147

56.7767 USD

common stock

Purchase

134

56.9189 USD

common stock

Purchase

125

56.6920 USD

common stock

Purchase

100

56.7250 USD

common stock

Purchase

100

56.8100 USD

common stock

Purchase

68

56.7900 USD

common stock

Purchase

40

55.0000 EUR

common stock

Purchase

25

56.5400 USD

common stock

Sale

85,334

56.9252 USD

common stock

Sale

68,207

56.7554 USD

common stock

Sale

61,515

56.7894 USD

common stock

Sale

60,749

56.8216 USD

common stock

Sale

59,779

56.8185 USD

common stock

Sale

56,917

56.9300 USD

common stock

Sale

37,794

56.7875 USD

common stock

Sale

37,515

56.5500 USD

common stock

Sale

34,709

56.9301 USD

common stock

Sale

32,125

56.9299 USD

common stock

Sale

32,125

56.7885 USD

common stock

Sale

29,925

56.5999 USD

common stock

Sale

26,356

56.7700 USD

common stock

Sale

21,307

56.9295 USD

common stock

Sale

15,023

56.8024 USD

common stock

Sale

14,348

56.7887 USD

common stock

Sale

13,121

56.7670 USD

common stock

Sale

10,209

56.7548 USD

common stock

Sale

8,137

56.7906 USD

common stock

Sale

7,824

56.7940 USD

common stock

Sale

6,530

56.8421 USD

common stock

Sale

4,678

56.9033 USD

common stock

Sale

3,728

56.7800 USD

common stock

Sale

2,584

56.9323 USD

common stock

Sale

2,518

56.8810 USD

common stock

Sale

2,270

56.7543 USD

common stock

Sale

2,181

56.7550 USD

common stock

Sale

2,145

56.8547 USD

common stock

Sale

2,078

56.8200 USD

common stock

Sale

1,995

56.7613 USD

common stock

Sale

1,606

56.7362 USD

common stock

Sale

902

56.7807 USD

common stock

Sale

742

56.7901 USD

common stock

Sale

623

56.7568 USD

common stock

Sale

514

56.7305 USD

common stock

Sale

478

56.8015 USD

common stock

Sale

465

56.7631 USD

common stock

Sale

400

56.8975 USD

common stock

Sale

310

56.8232 USD

common stock

Sale

304

56.7900 USD

common stock

Sale

205

56.7504 USD

common stock

Sale

143

56.7760 USD

common stock

Sale

123

56.7755 USD

common stock

Sale

114

56.7994 USD

common stock

Sale

100

56.8300 USD

common stock

Sale

100

56.6400 USD

common stock

Sale

62

56.7146 USD

common stock

Sale

57

56.4800 USD

common stock

Sale

54

56.6179 USD

common stock

Sale

40

55.0000 EUR

common stock

Sale

31

56.7835 USD

common stock

Sale

26

56.7457 USD

common stock

Sale

19

56.8526 USD

common stock

Sale

18

56.8136 USD

common stock

Sale

16

56.7656 USD

common stock

Sale

13

56.7715 USD

common stock

Sale

12

56.7400 USD

common stock

Sale

10

56.7350 USD

common stock

Sale

9

56.8000 USD

common stock

Sale

9

56.7650 USD

common stock

Sale

8

56.7100 USD

common stock

Sale

7

56.7814 USD

common stock

Sale

6

56.8100 USD

common stock

Sale

5

56.6300 USD

common stock

Sale

5

56.7488 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

2,703

56.9325 USD

common stock

SWAP

Opening Long

32,125

56.9300 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

Purchasing

700

56.0000 USD

American

31 Jan 2025

2.1000 USD

common stock

Call Options

Purchasing

2,500

59.0000 USD

American

31 Jan 2025

0.7500 USD

common stock

Put Options

Purchasing

35,000

55.0000 USD

American

24 Jan 2025

0.1998 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?

YES

Date of disclosure:

20 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 CO

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

Put Options

Purchased

-35,000

55.0000

American

24 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
 
 
RETBMMITMTTTBIA

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