Form 8.3 - International Paper Company

LONDON--(BUSINESS WIRE)-- 

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:	Qube Research & Technologies Limited
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	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: For an opening position disclosure, state the latest practicable date prior to the disclosure	13-11-2024
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	Yes - DS Smith plc

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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:	0	0.0	6,623,892	1.90
(2) Cash-settled derivatives:	0	0.0	0	0.0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	10,400	0.003	7,900	0.002
TOTAL:	10,400	0.003	6,631,792	1.90

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:	0
Details, including nature of the rights concerned and relevant percentages:	0

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit (USD)
Common Stock	Sale	19	56.34
Common Stock	Sale	21	56.84
Common Stock	Sale	25	56.29
Common Stock	Sale	37	56.71
Common Stock	Sale	40	56.58
Common Stock	Sale	41	56.45
Common Stock	Sale	43	56.32
Common Stock	Sale	49	56.77
Common Stock	Sale	50	56.60
Common Stock	Sale	50	56.66
Common Stock	Sale	56	56.50
Common Stock	Sale	58	56.39
Common Stock	Sale	61	56.55
Common Stock	Sale	63	56.42
Common Stock	Sale	89	56.38
Common Stock	Sale	127	56.87
Common Stock	Sale	141	56.57
Common Stock	Sale	198	56.41
Common Stock	Sale	200	56.30
Common Stock	Sale	244	56.25
Common Stock	Sale	885	56.33
Common Stock	Purchase	3	56.45
Common Stock	Purchase	5	56.15
Common Stock	Purchase	13	56.70
Common Stock	Purchase	18	56.83
Common Stock	Purchase	18	56.93
Common Stock	Purchase	30	55.91
Common Stock	Purchase	30	56.34
Common Stock	Purchase	39	56.37
Common Stock	Purchase	40	56.29
Common Stock	Purchase	44	56.18
Common Stock	Purchase	50	56.73
Common Stock	Purchase	52	56.97
Common Stock	Purchase	55	56.66
Common Stock	Purchase	60	56.34
Common Stock	Purchase	65	56.63
Common Stock	Purchase	77	56.68
Common Stock	Purchase	90	56.35
Common Stock	Purchase	90	56.97
Common Stock	Purchase	94	56.33
Common Stock	Purchase	100	56.05
Common Stock	Purchase	100	56.23
Common Stock	Purchase	100	56.27
Common Stock	Purchase	100	56.41
Common Stock	Purchase	100	56.59
Common Stock	Purchase	100	56.60
Common Stock	Purchase	100	56.61
Common Stock	Purchase	100	56.72
Common Stock	Purchase	100	56.75
Common Stock	Purchase	100	56.90
Common Stock	Purchase	103	56.96
Common Stock	Purchase	111	55.98
Common Stock	Purchase	134	56.37
Common Stock	Purchase	136	56.48
Common Stock	Purchase	147	56.56
Common Stock	Purchase	149	55.93
Common Stock	Purchase	199	56.23
Common Stock	Purchase	200	56.01
Common Stock	Purchase	200	56.05
Common Stock	Purchase	200	56.16
Common Stock	Purchase	200	56.91
Common Stock	Purchase	220	56.62
Common Stock	Purchase	221	56.58
Common Stock	Purchase	227	56.30
Common Stock	Purchase	227	56.81
Common Stock	Purchase	228	56.03
Common Stock	Purchase	228	56.94
Common Stock	Purchase	258	56.50
Common Stock	Purchase	262	56.51
Common Stock	Purchase	264	56.50
Common Stock	Purchase	286	56.76
Common Stock	Purchase	290	56.08
Common Stock	Purchase	296	56.62
Common Stock	Purchase	308	56.00
Common Stock	Purchase	310	55.97
Common Stock	Purchase	316	56.18
Common Stock	Purchase	332	56.86
Common Stock	Purchase	338	56.79
Common Stock	Purchase	339	56.85
Common Stock	Purchase	342	56.54
Common Stock	Purchase	358	56.04
Common Stock	Purchase	362	56.70
Common Stock	Purchase	365	56.54
Common Stock	Purchase	368	56.95
Common Stock	Purchase	372	56.77
Common Stock	Purchase	374	56.02
Common Stock	Purchase	393	56.69
Common Stock	Purchase	400	56.64
Common Stock	Purchase	421	56.42
Common Stock	Purchase	422	55.95
Common Stock	Purchase	444	56.05
Common Stock	Purchase	456	56.44
Common Stock	Purchase	459	56.41
Common Stock	Purchase	460	56.16
Common Stock	Purchase	481	56.34
Common Stock	Purchase	486	56.87
Common Stock	Purchase	572	56.67
Common Stock	Purchase	582	55.99
Common Stock	Purchase	631	56.14
Common Stock	Purchase	636	56.55
Common Stock	Purchase	656	56.43
Common Stock	Purchase	673	55.94
Common Stock	Purchase	686	56.17
Common Stock	Purchase	708	56.46
Common Stock	Purchase	734	56.91
Common Stock	Purchase	752	56.82
Common Stock	Purchase	764	56.93
Common Stock	Purchase	777	56.78
Common Stock	Purchase	806	56.13
Common Stock	Purchase	821	56.57
Common Stock	Purchase	853	56.83
Common Stock	Purchase	892	56.09
Common Stock	Purchase	917	56.84
Common Stock	Purchase	943	56.06
Common Stock	Purchase	943	56.36
Common Stock	Purchase	954	56.59
Common Stock	Purchase	969	56.45
Common Stock	Purchase	985	56.53
Common Stock	Purchase	1014	56.92
Common Stock	Purchase	1017	56.52
Common Stock	Purchase	1021	56.71
Common Stock	Purchase	1030	56.89
Common Stock	Purchase	1038	56.19
Common Stock	Purchase	1058	56.56
Common Stock	Purchase	1093	56.27
Common Stock	Purchase	1133	56.47
Common Stock	Purchase	1162	56.48
Common Stock	Purchase	1183	56.44
Common Stock	Purchase	1231	56.33
Common Stock	Purchase	1264	56.21
Common Stock	Purchase	1267	56.72
Common Stock	Purchase	1275	56.20
Common Stock	Purchase	1302	56.74
Common Stock	Purchase	1368	56.80
Common Stock	Purchase	1379	56.50
Common Stock	Purchase	1385	56.11
Common Stock	Purchase	1394	56.90
Common Stock	Purchase	1517	56.04
Common Stock	Purchase	1552	56.61
Common Stock	Purchase	1574	56.08
Common Stock	Purchase	1584	56.35
Common Stock	Purchase	1669	56.12
Common Stock	Purchase	1706	56.40
Common Stock	Purchase	1708	56.65
Common Stock	Purchase	1794	56.51
Common Stock	Purchase	1818	56.24
Common Stock	Purchase	1825	56.49
Common Stock	Purchase	1850	56.07
Common Stock	Purchase	1906	56.39
Common Stock	Purchase	1920	56.88
Common Stock	Purchase	1925	56.60
Common Stock	Purchase	2033	56.37
Common Stock	Purchase	2067	56.73
Common Stock	Purchase	2067	56.75
Common Stock	Purchase	2377	56.32
Common Stock	Purchase	2379	56.28
Common Stock	Purchase	2444	56.23
Common Stock	Purchase	2504	56.22
Common Stock	Purchase	3319	55.96
Common Stock	Purchase	3397	56.26
Common Stock	Purchase	3516	56.25
Common Stock	Purchase	3825	56.31
Common Stock	Purchase	4372	56.30
Common Stock	Purchase	4705	56.29
Common Stock	Purchase	5128	56.10
Common Stock	Purchase	52510	56.38

(b) Cash-settled derivative transactions

Class of relevant security

Product description e.g. call option

Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of securities

Exercise price per unit (USD)

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit (USD)

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii) Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit
0	0	0	0	0

(d) Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
0	0	0	0

4. OTHER INFORMATION

(a) Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none”

None

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

YES

Date of disclosure:	14-11-2024
Contact name:	Janice Falcao
Telephone number:	00442033140679

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone]. The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

1. KEY INFORMATION

Full name of person making disclosure:	Qube Research & Technologies Limited
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:	International Paper Company

2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

Class of relevant security	Product description e.g. call option	Written or purchased	Number of securities to which option or derivative relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date
Common Stock	Call option IP US 04/17/25 C47.5 Equity	Purchase	1,000	USD 47.5	American	04/17/25
Common Stock	Call option IP US 01/17/25 C47.5 Equity	Purchase	200	USD 47.5	American	01/17/25
Common Stock	Put option IP US 04/17/25 P45 Equity	Written	300	USD 45	American	04/17/25
Common Stock	Call option IP US 06/20/25 C50 Equity	Purchase	300	USD 50	American	06/20/25
Common Stock	Call option IP US 10/17/25 C55 Equity	Purchase	500	USD 55	American	10/17/25
Common Stock	Call option IP US 06/20/25 C52.5 Equity	Purchase	2,000	USD 52.5	American	06/20/25
Common Stock	Put option IP US 12/20/24 P57.5 Equity	Purchase	3,200	USD 57.5	American	12/20/24
Common Stock	Put option IP US 01/17/25 P47.5 Equity	Written	400	USD 47.5	American	01/17/25
Common Stock	Call option IP US 09/19/25 C42.5 Equity	Purchase	600	USD 42.5	American	09/19/25
Common Stock	Put option IP US 04/17/25 P47.5 Equity	Written	2,400	USD 47.5	American	04/17/25
Common Stock	Call option IP US 01/16/26 C60 Equity	Purchase	300	USD 60	American	01/16/26
Common Stock	Call option IP US 10/17/25 C42.5 Equity	Purchase	700	USD 42.5	American	10/17/25
Common Stock	Call option IP US 01/16/26 C50 Equity	Purchase	500	USD 50	American	01/16/26
Common Stock	Call option IP US 12/20/24 C50 Equity	Purchase	300	USD 50	American	12/20/24
Common Stock	Call option IP US 01/17/25 C60 Equity	Written	200	USD 60	American	01/17/25
Common Stock	Call option IP US 04/17/25 C50 Equity	Purchase	200	USD 50	American	04/17/25
Common Stock	Call option IP US 04/17/25 C52.5 Equity	Purchase	600	USD 52.5	American	04/17/25
Common Stock	Put option IP US 01/16/26 P42.5 Equity	Written	4,600	USD 42.5	American	01/16/26

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:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

The currency of all prices and other monetary amounts should be stated.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk

Category Code: RET

Sequence Number: 1260467

Time of Receipt (offset from UTC): 20241114T111225+0000