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	18-11-2024
(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	6,966,535	2.00
(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	9,000	0.002
TOTAL:	10,400	0.003	6,975,535	2.00

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	20	57.72
Common Stock	Sale	20	58.10
Common Stock	Sale	20	58.17
Common Stock	Sale	21	58.13
Common Stock	Sale	22	57.81
Common Stock	Sale	26	57.46
Common Stock	Sale	26	57.97
Common Stock	Sale	41	57.82
Common Stock	Sale	52	57.73
Common Stock	Sale	54	57.36
Common Stock	Sale	55	57.34
Common Stock	Sale	58	57.37
Common Stock	Sale	62	57.88
Common Stock	Sale	65	57.92
Common Stock	Sale	91	57.58
Common Stock	Sale	99	57.45
Common Stock	Sale	100	57.76
Common Stock	Sale	100	57.80
Common Stock	Sale	100	57.93
Common Stock	Sale	100	58.06
Common Stock	Sale	100	58.12
Common Stock	Sale	100	58.19
Common Stock	Sale	100	58.19
Common Stock	Sale	106	57.93
Common Stock	Sale	110	58.23
Common Stock	Sale	114	57.63
Common Stock	Sale	121	57.66
Common Stock	Sale	123	57.56
Common Stock	Sale	133	57.98
Common Stock	Sale	147	57.50
Common Stock	Sale	148	57.38
Common Stock	Sale	155	57.73
Common Stock	Sale	174	57.75
Common Stock	Sale	187	57.91
Common Stock	Sale	194	58.21
Common Stock	Sale	210	57.52
Common Stock	Sale	212	58.02
Common Stock	Sale	213	58.16
Common Stock	Sale	216	57.53
Common Stock	Sale	217	57.80
Common Stock	Sale	220	58.02
Common Stock	Sale	222	57.40
Common Stock	Sale	223	58.05
Common Stock	Sale	229	57.55
Common Stock	Sale	229	58.12
Common Stock	Sale	236	57.49
Common Stock	Sale	243	58.13
Common Stock	Sale	250	57.96
Common Stock	Sale	257	58.20
Common Stock	Sale	283	57.84
Common Stock	Sale	286	57.70
Common Stock	Sale	300	58.24
Common Stock	Sale	304	58.22
Common Stock	Sale	309	58.14
Common Stock	Sale	328	57.95
Common Stock	Sale	333	57.51
Common Stock	Sale	349	57.90
Common Stock	Sale	385	57.60
Common Stock	Sale	404	57.42
Common Stock	Sale	414	57.94
Common Stock	Sale	447	57.79
Common Stock	Sale	453	57.47
Common Stock	Sale	481	57.48
Common Stock	Sale	525	57.62
Common Stock	Sale	560	57.67
Common Stock	Sale	576	57.44
Common Stock	Sale	582	57.43
Common Stock	Sale	592	57.86
Common Stock	Sale	594	58.01
Common Stock	Sale	619	57.57
Common Stock	Sale	628	57.83
Common Stock	Sale	630	57.64
Common Stock	Sale	707	58.15
Common Stock	Sale	710	57.85
Common Stock	Sale	739	58.18
Common Stock	Sale	774	58.06
Common Stock	Sale	778	58.00
Common Stock	Sale	828	57.61
Common Stock	Sale	868	57.54
Common Stock	Sale	868	58.08
Common Stock	Sale	869	57.45
Common Stock	Sale	893	58.03
Common Stock	Sale	925	57.65
Common Stock	Sale	928	57.69
Common Stock	Sale	974	57.74
Common Stock	Sale	1028	57.95
Common Stock	Sale	1028	58.07
Common Stock	Sale	1086	57.63
Common Stock	Sale	1255	57.59
Common Stock	Sale	1276	57.73
Common Stock	Sale	1322	57.87
Common Stock	Sale	1370	58.09
Common Stock	Sale	1404	57.68
Common Stock	Sale	1414	57.99
Common Stock	Sale	1660	57.72
Common Stock	Sale	2138	58.02
Common Stock	Sale	2492	57.89
Common Stock	Sale	2496	58.04
Common Stock	Sale	2563	57.71
Common Stock	Sale	7415	57.70
Common Stock	Purchase	1	57.38
Common Stock	Purchase	1	57.43
Common Stock	Purchase	1	57.46
Common Stock	Purchase	1	57.56
Common Stock	Purchase	1	57.61
Common Stock	Purchase	1	57.67
Common Stock	Purchase	1	57.70
Common Stock	Purchase	1	57.72
Common Stock	Purchase	1	57.73
Common Stock	Purchase	1	57.95
Common Stock	Purchase	1	57.97
Common Stock	Purchase	1	58.00
Common Stock	Purchase	1	58.01
Common Stock	Purchase	1	58.03
Common Stock	Purchase	1	58.07
Common Stock	Purchase	1	58.09
Common Stock	Purchase	3	57.63
Common Stock	Purchase	3	57.64
Common Stock	Purchase	3	57.73
Common Stock	Purchase	3	57.73
Common Stock	Purchase	3	57.88
Common Stock	Purchase	4	57.59
Common Stock	Purchase	4	57.79
Common Stock	Purchase	4	58.12
Common Stock	Purchase	5	57.32
Common Stock	Purchase	5	57.40
Common Stock	Purchase	5	58.10
Common Stock	Purchase	5	58.17
Common Stock	Purchase	6	57.61
Common Stock	Purchase	6	57.62
Common Stock	Purchase	6	58.15
Common Stock	Purchase	6	58.20
Common Stock	Purchase	10	58.14
Common Stock	Purchase	15	57.60
Common Stock	Purchase	15	57.63
Common Stock	Purchase	17	57.86
Common Stock	Purchase	18	57.73
Common Stock	Purchase	18	57.88
Common Stock	Purchase	20	57.37
Common Stock	Purchase	20	57.38
Common Stock	Purchase	22	57.50
Common Stock	Purchase	30	57.77
Common Stock	Purchase	35	57.39
Common Stock	Purchase	35	57.71
Common Stock	Purchase	40	57.58
Common Stock	Purchase	55	58.04
Common Stock	Purchase	55	58.06
Common Stock	Purchase	61	57.73
Common Stock	Purchase	68	57.43
Common Stock	Purchase	96	57.97
Common Stock	Purchase	100	57.59
Common Stock	Purchase	100	57.64
Common Stock	Purchase	100	57.68
Common Stock	Purchase	100	57.87
Common Stock	Purchase	100	57.89
Common Stock	Purchase	100	57.98
Common Stock	Purchase	100	58.02
Common Stock	Purchase	100	58.10
Common Stock	Purchase	108	57.76
Common Stock	Purchase	108	57.88
Common Stock	Purchase	109	57.69
Common Stock	Purchase	110	58.19
Common Stock	Purchase	111	57.90
Common Stock	Purchase	120	57.83
Common Stock	Purchase	130	57.57
Common Stock	Purchase	158	58.17
Common Stock	Purchase	175	57.44
Common Stock	Purchase	175	57.45
Common Stock	Purchase	184	57.48
Common Stock	Purchase	200	57.72
Common Stock	Purchase	200	58.00
Common Stock	Purchase	201	57.96
Common Stock	Purchase	236	57.80
Common Stock	Purchase	316	57.91
Common Stock	Purchase	397	57.74
Common Stock	Purchase	428	57.87
Common Stock	Purchase	499	58.05
Common Stock	Purchase	671	57.86
Common Stock	Purchase	721	57.34
Common Stock	Purchase	957	57.72
Common Stock	Purchase	1576	57.68
Common Stock	Purchase	14738	57.70

(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:	19-11-2024
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 01/17/25 C55 Equity	Written	500	USD 55	American	01/17/25
Common Stock	Call option IP US 12/20/24 C55 Equity	Written	600	USD 55	American	12/20/24
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: 1261863

Time of Receipt (offset from UTC): 20241119T102213+0000