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Form 8.3 - INTERNATIONAL PAPER COMPANY

22nd Nov 2024 15:08

RNS Number : 3885N
Barclays PLC
22 November 2024
 

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 Nov 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:

884,030

0.25%

580,362

0.16%

(2) Cash-settled derivatives:

344,936

0.09%

13,660

0.00%

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

0

0.00%

0

0.00%

TOTAL: 

1,228,966

0.34%

594,022

0.16%

(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

241,948

58.9920 USD

common stock

Purchase

220,952

58.9560 USD

common stock

Purchase

211,904

59.0506 USD

common stock

Purchase

167,486

59.1800 USD

common stock

Purchase

46,036

58.9767 USD

common stock

Purchase

35,212

58.9280 USD

common stock

Purchase

30,787

58.9415 USD

common stock

Purchase

26,800

58.4537 USD

common stock

Purchase

24,572

59.1649 USD

common stock

Purchase

23,245

59.4400 USD

common stock

Purchase

14,321

58.8814 USD

common stock

Purchase

13,894

59.0507 USD

common stock

Purchase

13,702

59.0770 USD

common stock

Purchase

10,156

58.9854 USD

common stock

Purchase

9,582

58.9221 USD

common stock

Purchase

9,300

58.3221 USD

common stock

Purchase

9,285

59.1753 USD

common stock

Purchase

9,171

59.1934 USD

common stock

Purchase

7,140

58.4743 USD

common stock

Purchase

6,670

59.4346 USD

common stock

Purchase

5,827

59.2567 USD

common stock

Purchase

5,683

59.3842 USD

common stock

Purchase

5,566

58.4506 USD

common stock

Purchase

5,556

58.8683 USD

common stock

Purchase

5,417

58.4242 USD

common stock

Purchase

4,500

58.2062 USD

common stock

Purchase

4,190

59.3195 USD

common stock

Purchase

3,437

59.4272 USD

common stock

Purchase

3,364

59.2910 USD

common stock

Purchase

3,319

58.7389 USD

common stock

Purchase

3,196

59.3733 USD

common stock

Purchase

2,934

58.4395 USD

common stock

Purchase

2,849

59.1309 USD

common stock

Purchase

2,710

59.1159 USD

common stock

Purchase

2,392

59.2260 USD

common stock

Purchase

2,152

58.5168 USD

common stock

Purchase

1,861

58.9734 USD

common stock

Purchase

1,548

59.2669 USD

common stock

Purchase

1,523

58.4390 USD

common stock

Purchase

1,505

59.4071 USD

common stock

Purchase

1,420

58.4540 USD

common stock

Purchase

1,409

59.4131 USD

common stock

Purchase

1,376

58.4707 USD

common stock

Purchase

1,254

58.4772 USD

common stock

Purchase

1,248

59.2305 USD

common stock

Purchase

1,118

59.3556 USD

common stock

Purchase

1,100

59.2218 USD

common stock

Purchase

1,097

59.0089 USD

common stock

Purchase

1,092

58.4705 USD

common stock

Purchase

1,081

59.1403 USD

common stock

Purchase

962

59.2735 USD

common stock

Purchase

961

58.3683 USD

common stock

Purchase

800

59.3850 USD

common stock

Purchase

770

58.4590 USD

common stock

Purchase

732

58.7704 USD

common stock

Purchase

655

58.8890 USD

common stock

Purchase

600

58.5000 USD

common stock

Purchase

400

58.4675 USD

common stock

Purchase

400

59.1600 USD

common stock

Purchase

400

58.8600 USD

common stock

Purchase

381

58.4210 USD

common stock

Purchase

347

59.3366 USD

common stock

Purchase

337

55.7530 EUR

common stock

Purchase

300

58.3533 USD

common stock

Purchase

300

59.1366 USD

common stock

Purchase

287

59.0547 USD

common stock

Purchase

222

59.2714 USD

common stock

Purchase

200

59.3200 USD

common stock

Purchase

200

58.2700 USD

common stock

Purchase

200

58.4950 USD

common stock

Purchase

161

59.1813 USD

common stock

Purchase

157

58.4100 USD

common stock

Purchase

138

59.4073 USD

common stock

Purchase

136

59.1500 USD

common stock

Purchase

119

59.4773 USD

common stock

Purchase

116

59.3500 USD

common stock

Purchase

111

59.1030 USD

common stock

Purchase

106

59.2000 USD

common stock

Purchase

100

59.2500 USD

common stock

Purchase

100

59.2100 USD

common stock

Purchase

100

58.4050 USD

common stock

Purchase

95

58.8231 USD

common stock

Purchase

89

58.4200 USD

common stock

Purchase

80

58.9962 USD

common stock

Purchase

75

59.4100 USD

common stock

Purchase

60

59.1758 USD

common stock

Purchase

51

59.1078 USD

common stock

Purchase

46

58.7600 USD

common stock

Purchase

29

59.2055 USD

common stock

Purchase

20

58.4600 USD

common stock

Purchase

19

55.8357 EUR

common stock

Purchase

15

59.4600 USD

common stock

Purchase

6

59.3400 USD

common stock

Purchase

5

59.3100 USD

common stock

Purchase

5

58.8700 USD

common stock

Purchase

5

59.4200 USD

common stock

Purchase

2

58.6825 USD

common stock

Purchase

2

58.2000 USD

common stock

Sale

600,000

58.9892 USD

common stock

Sale

114,164

59.1800 USD

common stock

Sale

98,159

59.0482 USD

common stock

Sale

45,156

58.9479 USD

common stock

Sale

43,124

59.0448 USD

common stock

Sale

26,800

58.4537 USD

common stock

Sale

26,101

58.4528 USD

common stock

Sale

23,465

59.2877 USD

common stock

Sale

23,245

59.4400 USD

common stock

Sale

18,676

59.2033 USD

common stock

Sale

18,600

58.3221 USD

common stock

Sale

17,156

59.2496 USD

common stock

Sale

16,910

58.9859 USD

common stock

Sale

16,030

59.1890 USD

common stock

Sale

12,643

58.9042 USD

common stock

Sale

9,988

58.9842 USD

common stock

Sale

9,839

58.9209 USD

common stock

Sale

9,202

59.0057 USD

common stock

Sale

8,980

58.9529 USD

common stock

Sale

8,723

59.1912 USD

common stock

Sale

8,687

59.0537 USD

common stock

Sale

5,232

59.1545 USD

common stock

Sale

4,539

58.9041 USD

common stock

Sale

4,171

59.0208 USD

common stock

Sale

2,189

58.9240 USD

common stock

Sale

1,834

59.2235 USD

common stock

Sale

1,751

58.9504 USD

common stock

Sale

1,687

59.2823 USD

common stock

Sale

1,305

59.4248 USD

common stock

Sale

936

59.0615 USD

common stock

Sale

709

59.1859 USD

common stock

Sale

700

59.0403 USD

common stock

Sale

699

58.4855 USD

common stock

Sale

620

58.6014 USD

common stock

Sale

612

58.9248 USD

common stock

Sale

454

59.3207 USD

common stock

Sale

408

58.8356 USD

common stock

Sale

402

59.1573 USD

common stock

Sale

400

59.4125 USD

common stock

Sale

400

58.8600 USD

common stock

Sale

337

55.7530 EUR

common stock

Sale

300

59.1100 USD

common stock

Sale

246

59.1703 USD

common stock

Sale

245

59.3188 USD

common stock

Sale

222

59.1695 USD

common stock

Sale

200

59.3950 USD

common stock

Sale

120

58.9791 USD

common stock

Sale

110

59.3400 USD

common stock

Sale

103

59.1600 USD

common stock

Sale

100

59.4000 USD

common stock

Sale

46

58.7600 USD

common stock

Sale

45

59.3000 USD

common stock

Sale

23

59.2400 USD

common stock

Sale

19

55.8357 EUR

common stock

Sale

16

59.2353 USD

common stock

Sale

10

59.3850 USD

common stock

Sale

8

58.9118 USD

common stock

Sale

8

59.2837 USD

common stock

Sale

5

59.4200 USD

common stock

Sale

2

58.6825 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

common stock

Call Options

Purchasing

6,800

63.0000 USD

American

17 Jan 2025

1.2000 USD

common stock

Put Options

Purchasing

14,000

60.0000 USD

American

17 Jan 2025

2.6207 USD

common stock

Call Options

Purchasing

2,100

60.0000 USD

American

17 Jan 2025

1.7500 USD

(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?

NO

Date of disclosure:

22 Nov 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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END
 
 
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