Form 8.3 - INTERNATIONAL PAPER COMPANY

Merkur Bank KGaA

€13.30

12:15 20/12/24

-1.48%

-€0.20

RNS Number : 8048Q

Barclays PLC

19 December 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:				18 Dec 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:			951,444	0.27%	1,024,593	0.29%
(2)	Cash-settled derivatives:
	and/or controlled:			536,760	0.15%	13,660	0.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%

	TOTAL:			1,488,204	0.43%	1,038,253	0.30%
(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		351,986		53.6400 USD
common stock		Purchase		225,726		53.6435 USD
common stock		Purchase		85,362		53.7082 USD
common stock		Purchase		24,257		53.8378 USD
common stock		Purchase		21,328		53.9456 USD
common stock		Purchase		16,201		53.8361 USD
common stock		Purchase		11,598		54.6663 USD
common stock		Purchase		11,420		54.4067 USD
common stock		Purchase		9,379		54.6809 USD
common stock		Purchase		6,700		53.7560 USD
common stock		Purchase		4,879		54.7611 USD
common stock		Purchase		3,471		53.6413 USD
common stock		Purchase		2,973		53.9736 USD
common stock		Purchase		2,809		55.1660 USD
common stock		Purchase		2,045		54.5166 USD
common stock		Purchase		1,456		54.0564 USD
common stock		Purchase		1,352		54.7918 USD
common stock		Purchase		1,257		53.8313 USD
common stock		Purchase		1,153		54.9890 USD
common stock		Purchase		841		54.8741 USD
common stock		Purchase		737		54.7849 USD
common stock		Purchase		613		54.7985 USD
common stock		Purchase		607		54.3824 USD
common stock		Purchase		536		55.1273 USD
common stock		Purchase		530		53.6605 USD
common stock		Purchase		530		54.5345 USD
common stock		Purchase		427		54.4093 USD
common stock		Purchase		406		55.1148 USD
common stock		Purchase		277		54.1785 USD
common stock		Purchase		194		54.6306 USD
common stock		Purchase		187		54.9189 USD
common stock		Purchase		185		54.5948 USD
common stock		Purchase		178		54.3228 USD
common stock		Purchase		138		55.2146 USD
common stock		Purchase		119		54.2065 USD
common stock		Purchase		100		54.7345 USD
common stock		Purchase		95		54.3924 USD
common stock		Purchase		88		54.0100 USD
common stock		Purchase		83		54.2860 USD
common stock		Purchase		66		54.5396 USD
common stock		Purchase		60		54.7308 USD
common stock		Purchase		53		54.7683 USD
common stock		Purchase		45		54.7644 USD
common stock		Purchase		37		54.3759 USD
common stock		Purchase		30		54.8866 USD
common stock		Purchase		30		54.0526 USD
common stock		Purchase		15		54.1333 USD
common stock		Purchase		15		54.8680 USD
common stock		Purchase		14		54.2300 USD
common stock		Purchase		5		55.3400 USD
common stock		Sale		598,093		53.6400 USD
common stock		Sale		224,073		53.6436 USD
common stock		Sale		99,673		53.8997 USD
common stock		Sale		21,476		53.8882 USD
common stock		Sale		15,997		53.6546 USD
common stock		Sale		11,454		54.1241 USD
common stock		Sale		9,429		53.7261 USD
common stock		Sale		8,263		55.1745 USD
common stock		Sale		8,173		54.5163 USD
common stock		Sale		5,825		54.3132 USD
common stock		Sale		5,354		53.6586 USD
common stock		Sale		3,437		53.6398 USD
common stock		Sale		2,804		53.9416 USD
common stock		Sale		2,691		53.6544 USD
common stock		Sale		2,231		53.9689 USD
common stock		Sale		2,019		54.7937 USD
common stock		Sale		1,653		53.6410 USD
common stock		Sale		1,607		54.2608 USD
common stock		Sale		1,538		54.6302 USD
common stock		Sale		1,267		54.4017 USD
common stock		Sale		1,097		55.0500 USD
common stock		Sale		980		54.0891 USD
common stock		Sale		908		53.9989 USD
common stock		Sale		875		55.1895 USD
common stock		Sale		700		54.5928 USD
common stock		Sale		700		54.4240 USD
common stock		Sale		530		54.5345 USD
common stock		Sale		487		54.4625 USD
common stock		Sale		447		54.7559 USD
common stock		Sale		421		53.7942 USD
common stock		Sale		400		53.8500 USD
common stock		Sale		370		54.4947 USD
common stock		Sale		364		55.0000 USD
common stock		Sale		340		55.0514 USD
common stock		Sale		325		53.9568 USD
common stock		Sale		200		55.1650 USD
common stock		Sale		189		54.0000 USD
common stock		Sale		165		54.3369 USD
common stock		Sale		153		54.2366 USD
common stock		Sale		128		54.9831 USD
common stock		Sale		125		54.0452 USD
common stock		Sale		103		54.4649 USD
common stock		Sale		100		54.2050 USD
common stock		Sale		85		54.9753 USD
common stock		Sale		36		54.3795 USD
common stock		Sale		36		54.8391 USD
common stock		Sale		29		54.2324 USD
common stock		Sale		25		54.8500 USD
common stock		Sale		23		53.6663 USD
common stock		Sale		10		54.0150 USD
common stock		Sale		6		54.5400 USD
common stock		Sale		5		53.8300 USD
common stock		Sale		1		55.3650 USD

(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
common stock		SWAP		Increasing Long		219,670	53.6400 USD

(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


(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?				NO
Date of disclosure:				19 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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