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:

30 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:

823,079

0.24%

500,188

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: 

1,096,822

0.32%

500,188

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

81,558

48.0890 USD

common stock

Purchase

53,836

48.2598 USD

common stock

Purchase

53,450

47.9860 USD

common stock

Purchase

40,298

48.4121 USD

common stock

Purchase

40,239

48.3685 USD

common stock

Purchase

30,849

48.4200 USD

common stock

Purchase

18,320

47.9047 USD

common stock

Purchase

16,739

48.4206 USD

common stock

Purchase

11,767

48.1541 USD

common stock

Purchase

10,605

48.0838 USD

common stock

Purchase

10,442

48.3324 USD

common stock

Purchase

7,709

48.2286 USD

common stock

Purchase

4,327

47.8086 USD

common stock

Purchase

3,593

48.3197 USD

common stock

Purchase

3,259

48.1065 USD

common stock

Purchase

2,422

48.0608 USD

common stock

Purchase

1,900

48.2500 USD

common stock

Purchase

1,412

48.4153 USD

common stock

Purchase

1,365

48.0295 USD

common stock

Purchase

1,143

48.0784 USD

common stock

Purchase

800

48.0112 USD

common stock

Purchase

576

47.7504 USD

common stock

Purchase

548

48.3533 USD

common stock

Purchase

522

48.3754 USD

common stock

Purchase

470

47.6951 USD

common stock

Purchase

400

48.1350 USD

common stock

Purchase

400

47.7725 USD

common stock

Purchase

367

48.4481 USD

common stock

Purchase

300

47.7966 USD

common stock

Purchase

200

48.4350 USD

common stock

Purchase

128

48.3838 USD

common stock

Purchase

93

48.3200 USD

common stock

Purchase

34

47.9700 USD

common stock

Purchase

17

48.0635 USD

common stock

Purchase

15

47.8966 USD

common stock

Purchase

12

47.9866 USD

common stock

Purchase

12

48.0812 USD

common stock

Purchase

8

47.8950 USD

common stock

Purchase

5

47.9200 USD

common stock

Purchase

4

48.3800 USD

common stock

Sale

152,878

48.0241 USD

common stock

Sale

63,891

48.3075 USD

common stock

Sale

36,960

48.4129 USD

common stock

Sale

34,901

48.4200 USD

common stock

Sale

34,732

48.3365 USD

common stock

Sale

11,177

48.4209 USD

common stock

Sale

6,593

48.1106 USD

common stock

Sale

5,876

48.1012 USD

common stock

Sale

4,649

48.1617 USD

common stock

Sale

4,639

48.0644 USD

common stock

Sale

4,491

47.9431 USD

common stock

Sale

2,850

48.0085 USD

common stock

Sale

2,612

48.2584 USD

common stock

Sale

2,521

48.0141 USD

common stock

Sale

2,384

48.3000 USD

common stock

Sale

2,230

48.2295 USD

common stock

Sale

2,221

48.0343 USD

common stock

Sale

1,900

48.2500 USD

common stock

Sale

1,695

47.9663 USD

common stock

Sale

1,454

48.0135 USD

common stock

Sale

1,146

48.4171 USD

common stock

Sale

851

48.0293 USD

common stock

Sale

766

47.8269 USD

common stock

Sale

725

48.4153 USD

common stock

Sale

720

48.3981 USD

common stock

Sale

602

48.3375 USD

common stock

Sale

600

48.0200 USD

common stock

Sale

560

47.9664 USD

common stock

Sale

549

48.4154 USD

common stock

Sale

322

48.3416 USD

common stock

Sale

303

48.2104 USD

common stock

Sale

300

48.4300 USD

common stock

Sale

300

48.0866 USD

common stock

Sale

240

48.4000 USD

common stock

Sale

200

48.2950 USD

common stock

Sale

183

48.1800 USD

common stock

Sale

149

47.7467 USD

common stock

Sale

138

48.4152 USD

common stock

Sale

100

47.5500 USD

common stock

Sale

100

47.8000 USD

common stock

Sale

100

48.3300 USD

common stock

Sale

90

47.9500 USD

common stock

Sale

77

48.1398 USD

common stock

Sale

59

48.2800 USD

common stock

Sale

55

48.4250 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:

02 Sep 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: