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Form 8.3 - INTERNATIONAL PAPER COMPANY

5th Aug 2024 15:09

RNS Number : 2372Z
Barclays PLC
05 August 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

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:

02 Aug 2024

(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:

818,681

0.24%

505,699

0.15%

(2)

Cash-settled derivatives:

and/or controlled:

168,662

0.05%

0

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

24,700

0.01%

TOTAL:

987,343

0.28%

530,399

0.15%

(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

358,985

45.7291 USD

common stock

Purchase

96,035

45.5764 USD

common stock

Purchase

58,902

45.8211 USD

common stock

Purchase

26,309

45.5876 USD

common stock

Purchase

26,093

45.7583 USD

common stock

Purchase

18,687

45.5687 USD

common stock

Purchase

10,785

45.5474 USD

common stock

Purchase

9,292

45.4183 USD

common stock

Purchase

8,557

45.7775 USD

common stock

Purchase

7,717

45.9400 USD

common stock

Purchase

7,716

45.6600 USD

common stock

Purchase

4,074

45.5336 USD

common stock

Purchase

3,596

45.7328 USD

common stock

Purchase

3,280

45.6246 USD

common stock

Purchase

2,384

45.5331 USD

common stock

Purchase

1,703

45.2274 USD

common stock

Purchase

1,088

45.6264 USD

common stock

Purchase

1,066

45.8281 USD

common stock

Purchase

992

45.6032 USD

common stock

Purchase

901

45.5466 USD

common stock

Purchase

900

45.9100 USD

common stock

Purchase

858

45.7391 USD

common stock

Purchase

610

45.6359 USD

common stock

Purchase

526

45.3890 USD

common stock

Purchase

506

45.7211 USD

common stock

Purchase

470

45.7813 USD

common stock

Purchase

435

45.0925 USD

common stock

Purchase

290

42.4268 EUR

common stock

Purchase

245

45.7036 USD

common stock

Purchase

231

45.9496 USD

common stock

Purchase

220

45.2249 USD

common stock

Purchase

217

45.3492 USD

common stock

Purchase

200

45.6400 USD

common stock

Purchase

200

45.3650 USD

common stock

Purchase

174

45.7725 USD

common stock

Purchase

156

45.7870 USD

common stock

Purchase

129

45.9422 USD

common stock

Purchase

120

45.8320 USD

common stock

Purchase

110

45.5090 USD

common stock

Purchase

110

45.9209 USD

common stock

Purchase

110

45.3972 USD

common stock

Purchase

110

45.6200 USD

common stock

Purchase

100

45.3950 USD

common stock

Purchase

100

45.8400 USD

common stock

Purchase

100

45.8815 USD

common stock

Purchase

100

45.9300 USD

common stock

Purchase

100

45.2450 USD

common stock

Purchase

83

45.6271 USD

common stock

Purchase

41

45.8993 USD

common stock

Purchase

40

45.6900 USD

common stock

Purchase

20

45.2800 USD

common stock

Purchase

18

45.4344 USD

common stock

Purchase

5

45.3800 USD

common stock

Purchase

1

45.4000 USD

common stock

Sale

257,206

45.7832 USD

common stock

Sale

161,754

45.5687 USD

common stock

Sale

56,486

45.8169 USD

common stock

Sale

32,316

45.6369 USD

common stock

Sale

23,470

45.6009 USD

common stock

Sale

19,792

45.5641 USD

common stock

Sale

9,070

45.9400 USD

common stock

Sale

8,557

45.7775 USD

common stock

Sale

8,454

45.6291 USD

common stock

Sale

7,799

45.7231 USD

common stock

Sale

7,079

45.9059 USD

common stock

Sale

6,459

45.6922 USD

common stock

Sale

5,802

45.6580 USD

common stock

Sale

5,800

45.4998 USD

common stock

Sale

4,128

45.6970 USD

common stock

Sale

3,738

45.3571 USD

common stock

Sale

3,661

45.4100 USD

common stock

Sale

2,177

45.6267 USD

common stock

Sale

2,171

45.6414 USD

common stock

Sale

2,135

45.8000 USD

common stock

Sale

2,074

45.7175 USD

common stock

Sale

2,027

45.7167 USD

common stock

Sale

2,006

45.8560 USD

common stock

Sale

1,404

45.8196 USD

common stock

Sale

1,396

45.8010 USD

common stock

Sale

1,207

45.4039 USD

common stock

Sale

1,066

45.8281 USD

common stock

Sale

966

45.5294 USD

common stock

Sale

858

45.7391 USD

common stock

Sale

827

45.3839 USD

common stock

Sale

718

45.5634 USD

common stock

Sale

601

45.5213 USD

common stock

Sale

496

45.6032 USD

common stock

Sale

470

45.7813 USD

common stock

Sale

435

45.0925 USD

common stock

Sale

400

45.1862 USD

common stock

Sale

381

45.1757 USD

common stock

Sale

300

45.6100 USD

common stock

Sale

290

42.4268 EUR

common stock

Sale

289

45.1504 USD

common stock

Sale

269

45.1760 USD

common stock

Sale

200

45.3700 USD

common stock

Sale

200

45.6400 USD

common stock

Sale

196

45.1298 USD

common stock

Sale

193

45.8992 USD

common stock

Sale

189

45.3820 USD

common stock

Sale

173

45.1370 USD

common stock

Sale

145

45.9017 USD

common stock

Sale

110

45.5090 USD

common stock

Sale

101

45.4593 USD

common stock

Sale

100

45.1850 USD

common stock

Sale

100

45.4700 USD

common stock

Sale

100

46.0000 USD

common stock

Sale

100

45.1950 USD

common stock

Sale

90

45.6998 USD

common stock

Sale

83

45.6271 USD

common stock

Sale

61

45.2377 USD

common stock

Sale

60

45.2400 USD

common stock

Sale

49

45.0900 USD

common stock

Sale

38

45.9200 USD

common stock

Sale

10

45.2000 USD

common stock

Sale

10

45.2800 USD

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

(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

Selling

2,700

40.0000 USD

American

17 Jan 2025

6.6000 USD

common stock

Call Options

Selling

12,800

43.0000 USD

American

17 Jan 2025

5.2734 USD

common stock

Call Options

Selling

2,700

45.0000 USD

American

17 Jan 2025

4.0000 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:

05 Aug 2024

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

-24,700

43.0000

American

16 Aug 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:

 

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END
 
 
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