Form 8.3 - International Paper Company

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 relevant securities this form relates:

INTERNATIONAL PAPER COMPANY

(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:

21 Aug 2024

(f)

In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

YES: 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:

798,966

0.23%

479,335

0.14%

(2) Cash-settled derivatives:

149,943

0.04%

0

0.00%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

123,800

0.04%

0

0.00%

TOTAL: 

1,072,709

0.31%

479,335

0.14%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

common stock

Purchase

55,803

48.1760 USD

common stock

Purchase

51,382

48.0961 USD

common stock

Purchase

42,682

48.1705 USD

common stock

Purchase

25,491

48.1804 USD

common stock

Purchase

20,397

48.2000 USD

common stock

Purchase

15,002

47.6436 USD

common stock

Purchase

8,229

48.0195 USD

common stock

Purchase

7,813

47.8592 USD

common stock

Purchase

7,490

48.0156 USD

common stock

Purchase

6,367

48.2001 USD

common stock

Purchase

5,800

48.1200 USD

common stock

Purchase

4,614

48.0170 USD

common stock

Purchase

3,227

47.9945 USD

common stock

Purchase

2,569

47.9114 USD

common stock

Purchase

2,411

48.0576 USD

common stock

Purchase

2,183

48.1015 USD

common stock

Purchase

1,573

47.6222 USD

common stock

Purchase

1,307

48.0939 USD

common stock

Purchase

1,224

47.9869 USD

common stock

Purchase

1,200

47.5758 USD

common stock

Purchase

1,147

48.0425 USD

common stock

Purchase

748

47.9660 USD

common stock

Purchase

600

47.6083 USD

common stock

Purchase

521

47.6275 USD

common stock

Purchase

500

47.9320 USD

common stock

Purchase

410

47.9451 USD

common stock

Purchase

402

48.1497 USD

common stock

Purchase

400

47.8650 USD

common stock

Purchase

400

47.6300 USD

common stock

Purchase

300

47.5783 USD

common stock

Purchase

300

48.0300 USD

common stock

Purchase

258

47.8554 USD

common stock

Purchase

204

47.8229 USD

common stock

Purchase

200

47.6100 USD

common stock

Purchase

200

47.5750 USD

common stock

Purchase

150

48.1900 USD

common stock

Purchase

126

48.2100 USD

common stock

Purchase

100

47.5800 USD

common stock

Purchase

100

47.5700 USD

common stock

Purchase

100

47.6500 USD

common stock

Purchase

100

48.1400 USD

common stock

Purchase

100

47.6000 USD

common stock

Purchase

23

47.5560 USD

common stock

Purchase

4

47.6200 USD

common stock

Sale

51,415

48.2000 USD

common stock

Sale

51,073

48.1259 USD

common stock

Sale

30,669

48.1392 USD

common stock

Sale

25,491

48.1804 USD

common stock

Sale

21,515

48.0598 USD

common stock

Sale

21,434

48.1929 USD

common stock

Sale

15,334

48.1796 USD

common stock

Sale

14,888

47.6624 USD

common stock

Sale

12,353

48.0075 USD

common stock

Sale

6,367

48.2001 USD

common stock

Sale

5,800

48.1200 USD

common stock

Sale

5,460

48.0137 USD

common stock

Sale

4,242

47.6818 USD

common stock

Sale

2,924

47.8683 USD

common stock

Sale

2,715

48.0884 USD

common stock

Sale

2,451

48.0499 USD

common stock

Sale

2,337

47.9269 USD

common stock

Sale

2,254

48.0285 USD

common stock

Sale

1,814

47.8319 USD

common stock

Sale

1,800

47.5758 USD

common stock

Sale

1,584

47.9248 USD

common stock

Sale

1,224

47.9869 USD

common stock

Sale

1,200

48.1341 USD

common stock

Sale

1,011

48.0928 USD

common stock

Sale

800

48.0906 USD

common stock

Sale

700

47.7042 USD

common stock

Sale

593

47.8092 USD

common stock

Sale

506

48.0533 USD

common stock

Sale

500

48.1400 USD

common stock

Sale

500

48.0940 USD

common stock

Sale

500

48.1000 USD

common stock

Sale

440

48.1125 USD

common stock

Sale

400

47.8650 USD

common stock

Sale

382

48.1276 USD

common stock

Sale

317

48.1274 USD

common stock

Sale

300

47.5766 USD

common stock

Sale

258

47.8554 USD

common stock

Sale

200

48.1350 USD

common stock

Sale

200

48.0300 USD

common stock

Sale

197

47.8579 USD

common stock

Sale

150

48.1900 USD

common stock

Sale

124

47.7903 USD

common stock

Sale

115

47.8692 USD

common stock

Sale

100

47.8600 USD

common stock

Sale

100

48.1800 USD

common stock

Sale

100

47.8900 USD

common stock

Sale

17

47.9600 USD

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

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

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if 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 person 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:

22 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

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 are being disclosed:

Barclays PLC.

Name of offeror/offeree in relation to whose relevant securities this from relates:

INTERNATIONAL PAPER CO

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

Written

123,800

45.0000

American

20 Sep 2024

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: