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:

23 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:

802,437

0.23%

490,045

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: 

1,076,180

0.31%

490,045

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

58,891

48.8666 USD

common stock

Purchase

34,711

48.7949 USD

common stock

Purchase

25,508

48.8251 USD

common stock

Purchase

22,563

48.8620 USD

common stock

Purchase

21,665

48.9000 USD

common stock

Purchase

21,630

48.8025 USD

common stock

Purchase

20,884

48.8862 USD

common stock

Purchase

20,583

48.7888 USD

common stock

Purchase

16,129

48.8095 USD

common stock

Purchase

11,000

48.9652 USD

common stock

Purchase

10,605

48.9003 USD

common stock

Purchase

10,458

48.9358 USD

common stock

Purchase

9,085

48.8386 USD

common stock

Purchase

7,300

49.0000 USD

common stock

Purchase

6,971

48.8234 USD

common stock

Purchase

5,377

48.8958 USD

common stock

Purchase

4,703

48.7758 USD

common stock

Purchase

3,876

48.8850 USD

common stock

Purchase

3,425

48.6487 USD

common stock

Purchase

3,160

48.8675 USD

common stock

Purchase

2,362

48.9089 USD

common stock

Purchase

1,407

48.8891 USD

common stock

Purchase

1,405

48.4964 USD

common stock

Purchase

1,200

48.5750 USD

common stock

Purchase

1,035

48.9059 USD

common stock

Purchase

852

48.9418 USD

common stock

Purchase

784

48.9228 USD

common stock

Purchase

652

48.9164 USD

common stock

Purchase

610

48.5711 USD

common stock

Purchase

500

48.9150 USD

common stock

Purchase

426

48.9273 USD

common stock

Purchase

405

48.9786 USD

common stock

Purchase

405

48.8506 USD

common stock

Purchase

316

48.3714 USD

common stock

Purchase

200

48.8000 USD

common stock

Purchase

105

48.3485 USD

common stock

Purchase

101

48.9181 USD

common stock

Purchase

100

48.8900 USD

common stock

Purchase

100

48.3100 USD

common stock

Purchase

100

48.8700 USD

common stock

Purchase

100

48.7400 USD

common stock

Purchase

84

48.9200 USD

common stock

Purchase

20

48.3050 USD

common stock

Purchase

1

48.8800 USD

common stock

Sale

113,402

48.8487 USD

common stock

Sale

20,590

48.8075 USD

common stock

Sale

19,825

48.8972 USD

common stock

Sale

19,762

48.7905 USD

common stock

Sale

17,993

48.9255 USD

common stock

Sale

17,797

48.8000 USD

common stock

Sale

13,727

48.8270 USD

common stock

Sale

12,514

48.9000 USD

common stock

Sale

11,069

48.8549 USD

common stock

Sale

10,605

48.9003 USD

common stock

Sale

7,200

49.0000 USD

common stock

Sale

5,841

48.9041 USD

common stock

Sale

5,377

48.8958 USD

common stock

Sale

5,370

48.8966 USD

common stock

Sale

4,703

48.7758 USD

common stock

Sale

4,405

48.7979 USD

common stock

Sale

4,332

48.4615 USD

common stock

Sale

3,303

48.7513 USD

common stock

Sale

3,299

48.8301 USD

common stock

Sale

3,118

48.8230 USD

common stock

Sale

2,125

48.6540 USD

common stock

Sale

1,465

48.8352 USD

common stock

Sale

1,300

48.6400 USD

common stock

Sale

1,107

48.7239 USD

common stock

Sale

1,081

48.8118 USD

common stock

Sale

934

48.7883 USD

common stock

Sale

865

48.7433 USD

common stock

Sale

785

48.6941 USD

common stock

Sale

784

48.9228 USD

common stock

Sale

500

48.9460 USD

common stock

Sale

405

48.8506 USD

common stock

Sale

402

48.9800 USD

common stock

Sale

300

48.9950 USD

common stock

Sale

219

48.9236 USD

common stock

Sale

100

48.9300 USD

common stock

Sale

100

48.7400 USD

common stock

Sale

60

48.7880 USD

common stock

Sale

10

48.7200 USD

common stock

Sale

10

48.3050 USD

common stock

Sale

10

48.9400 USD

common stock

Sale

5

48.1500 USD

common stock

Sale

1

48.1200 USD

common stock

Sale

1

48.9100 USD

common stock

Sale

1

48.8800 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:

27 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: