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Barclays PLC filed a Form 8.3 disclosure on 09 April 2024, detailing its interests and dealings in relevant securities of INTERNATIONAL PAPER CO, and also noting disclosures in respect of DS SMITH PLC, with the disclosed positions and dealings occurring on 08 April 2024. As of 08 April 2024, Barclays PLC held a total long position of 0.26% (897,256 shares) and a total short position of 0.15% (536,334 shares) in INTERNATIONAL PAPER CO common stock. On 08 April 2024, dealings in INTERNATIONAL PAPER CO common stock included the purchase of 774,250 shares, sale of 771,941 shares, and the selling of call options over 16,700 shares.
| Date | 9 Apr 2024 |
| Time | 14:30:26 |
| Category | Holding(s) in company |
| ID | 8999J |
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FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
INTERNATIONAL PAPER CO |
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relevant securities this form relates: |
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(d) |
If an exempt fund manager connected with an |
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offeror/offeree, state this and specify identity of |
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offeror/offeree: |
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(e) |
Date position held/dealing undertaken: |
08 Apr 2024 |
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(f) |
In addition to the company in 1(c) above, is the discloser making |
YES: |
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disclosures in respect of any other party to the offer? |
DS SMITH PLC |
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2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing(if any) |
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Class of relevant security: |
common stock |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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734,980 |
0.21% |
520,554 |
0.15% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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162,276 |
0.05% |
15,780 |
0.00% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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897,256 |
0.26% |
536,334 |
0.15% |
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(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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common stock |
Purchase |
197,015 |
38.2072 USD |
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common stock |
Purchase |
109,539 |
38.0986 USD |
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common stock |
Purchase |
95,175 |
38.1056 USD |
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common stock |
Purchase |
71,412 |
38.0461 USD |
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common stock |
Purchase |
65,756 |
38.0854 USD |
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common stock |
Purchase |
47,824 |
38.0751 USD |
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common stock |
Purchase |
43,404 |
38.0856 USD |
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common stock |
Purchase |
38,162 |
38.1053 USD |
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common stock |
Purchase |
31,003 |
38.2905 USD |
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common stock |
Purchase |
23,700 |
38.0715 USD |
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common stock |
Purchase |
12,807 |
38.1243 USD |
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common stock |
Purchase |
12,135 |
38.0730 USD |
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common stock |
Purchase |
5,398 |
38.0787 USD |
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common stock |
Purchase |
3,181 |
38.1949 USD |
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common stock |
Purchase |
3,124 |
38.2100 USD |
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common stock |
Purchase |
2,954 |
38.0781 USD |
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common stock |
Purchase |
2,900 |
38.1422 USD |
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common stock |
Purchase |
1,799 |
38.0761 USD |
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common stock |
Purchase |
1,658 |
38.0584 USD |
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common stock |
Purchase |
1,000 |
38.1000 USD |
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common stock |
Purchase |
781 |
38.0674 USD |
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common stock |
Purchase |
674 |
38.0484 USD |
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common stock |
Purchase |
597 |
38.0763 USD |
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common stock |
Purchase |
533 |
38.0750 USD |
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common stock |
Purchase |
501 |
38.0760 USD |
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common stock |
Purchase |
496 |
38.1519 USD |
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common stock |
Purchase |
415 |
38.0800 USD |
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common stock |
Purchase |
407 |
38.0769 USD |
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common stock |
Purchase |
300 |
38.0433 USD |
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common stock |
Purchase |
200 |
38.2000 USD |
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common stock |
Purchase |
159 |
38.0435 USD |
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common stock |
Purchase |
145 |
38.0868 USD |
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common stock |
Purchase |
100 |
38.0400 USD |
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common stock |
Purchase |
91 |
37.9630 USD |
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common stock |
Purchase |
50 |
38.0668 USD |
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common stock |
Purchase |
21 |
38.2095 USD |
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common stock |
Sale |
298,162 |
38.0921 USD |
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common stock |
Sale |
146,953 |
38.2079 USD |
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common stock |
Sale |
61,755 |
38.0420 USD |
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common stock |
Sale |
54,154 |
38.0791 USD |
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common stock |
Sale |
54,108 |
38.0810 USD |
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common stock |
Sale |
47,399 |
38.2047 USD |
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common stock |
Sale |
23,700 |
38.0715 USD |
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common stock |
Sale |
20,698 |
38.3091 USD |
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common stock |
Sale |
11,926 |
38.1133 USD |
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common stock |
Sale |
7,993 |
38.2911 USD |
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common stock |
Sale |
6,199 |
38.2448 USD |
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common stock |
Sale |
6,040 |
38.1394 USD |
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common stock |
Sale |
5,398 |
38.0787 USD |
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common stock |
Sale |
3,046 |
38.1013 USD |
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common stock |
Sale |
2,900 |
38.1422 USD |
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common stock |
Sale |
2,850 |
38.3784 USD |
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common stock |
Sale |
2,587 |
38.2100 USD |
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common stock |
Sale |
2,400 |
38.1412 USD |
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common stock |
Sale |
2,055 |
38.1481 USD |
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common stock |
Sale |
1,572 |
38.1899 USD |
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common stock |
Sale |
1,478 |
38.0375 USD |
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common stock |
Sale |
1,348 |
38.0484 USD |
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common stock |
Sale |
1,174 |
38.0410 USD |
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common stock |
Sale |
1,165 |
38.1274 USD |
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common stock |
Sale |
1,100 |
38.1581 USD |
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common stock |
Sale |
1,000 |
38.1000 USD |
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common stock |
Sale |
700 |
38.1742 USD |
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common stock |
Sale |
600 |
38.0666 USD |
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common stock |
Sale |
563 |
38.1620 USD |
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common stock |
Sale |
400 |
37.9900 USD |
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common stock |
Sale |
400 |
38.1300 USD |
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common stock |
Sale |
366 |
38.2021 USD |
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common stock |
Sale |
240 |
37.9491 USD |
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common stock |
Sale |
234 |
37.9997 USD |
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common stock |
Sale |
180 |
38.2298 USD |
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common stock |
Sale |
179 |
37.9672 USD |
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common stock |
Sale |
148 |
38.1134 USD |
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common stock |
Sale |
145 |
38.0868 USD |
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common stock |
Sale |
116 |
38.1752 USD |
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common stock |
Sale |
100 |
38.0800 USD |
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common stock |
Sale |
100 |
37.9700 USD |
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common stock |
Sale |
91 |
37.9630 USD |
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common stock |
Sale |
82 |
38.1451 USD |
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common stock |
Sale |
50 |
38.0668 USD |
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common stock |
Sale |
21 |
38.2095 USD |
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common stock |
Sale |
18 |
38.0850 USD |
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common stock |
Sale |
2 |
38.1400 USD |
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common stock |
Sale |
1 |
38.2000 USD |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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of |
description |
purchasing, |
of |
price |
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date |
money |
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relevant |
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selling, |
securities |
per unit |
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paid/ |
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security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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common stock |
Call Options |
Selling |
2,100 |
USD |
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1.1023 USD |
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common stock |
Call Options |
Selling |
12,600 |
USD |
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1.8853 USD |
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common stock |
Call Options |
Selling |
2,000 |
USD |
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0.8000 USD |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
09 Apr 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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