Form 8.3 - International Paper Company

Business Wire

11 Nov 2024

LONDON, November 11, 2024--(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	08-11-2024
(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	6,975,161	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	0.002	7,900	0.002
TOTAL:	10,400	0.002	6,983,061	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	10	57.95
Common Stock	Sale	16	57.89
Common Stock	Sale	17	57.88
Common Stock	Sale	20	57.61
Common Stock	Sale	20	57.78
Common Stock	Sale	25	58.45
Common Stock	Sale	26	57.87
Common Stock	Sale	26	57.93
Common Stock	Sale	27	57.97
Common Stock	Sale	42	58.37
Common Stock	Sale	49	57.37
Common Stock	Sale	58	57.72
Common Stock	Sale	67	57.91
Common Stock	Sale	100	57.47
Common Stock	Sale	100	57.63
Common Stock	Sale	100	57.70
Common Stock	Sale	100	57.76
Common Stock	Sale	100	57.88
Common Stock	Sale	100	58.16
Common Stock	Sale	100	58.32
Common Stock	Sale	100	58.42
Common Stock	Sale	105	57.67
Common Stock	Sale	107	57.64
Common Stock	Sale	124	57.49
Common Stock	Sale	133	57.73
Common Stock	Sale	161	57.81
Common Stock	Sale	165	57.65
Common Stock	Sale	200	57.71
Common Stock	Sale	201	57.82
Common Stock	Sale	220	57.80
Common Stock	Sale	223	57.79
Common Stock	Sale	243	57.63
Common Stock	Sale	289	57.62
Common Stock	Sale	300	57.38
Common Stock	Sale	310	57.76
Common Stock	Sale	310	57.77
Common Stock	Sale	321	57.66
Common Stock	Sale	327	57.84
Common Stock	Sale	344	58.49
Common Stock	Sale	355	57.74
Common Stock	Sale	382	57.83
Common Stock	Sale	416	57.69
Common Stock	Sale	426	57.86
Common Stock	Sale	467	57.68
Common Stock	Sale	596	57.52
Common Stock	Sale	751	57.70
Common Stock	Sale	756	57.46
Common Stock	Sale	809	57.84
Common Stock	Sale	919	57.75
Common Stock	Sale	1024	57.85
Common Stock	Sale	1746	57.44
Common Stock	Sale	3075	58.41
Common Stock	Sale	3485	57.38
Common Stock	Purchase	2	58.16
Common Stock	Purchase	2	58.40
Common Stock	Purchase	9	58.31
Common Stock	Purchase	11	58.38
Common Stock	Purchase	12	58.20
Common Stock	Purchase	15	58.10
Common Stock	Purchase	17	58.23
Common Stock	Purchase	18	57.40
Common Stock	Purchase	18	58.15
Common Stock	Purchase	20	58.27
Common Stock	Purchase	27	57.72
Common Stock	Purchase	27	58.01
Common Stock	Purchase	33	58.41
Common Stock	Purchase	37	58.23
Common Stock	Purchase	37	58.26
Common Stock	Purchase	44	57.51
Common Stock	Purchase	50	57.92
Common Stock	Purchase	50	58.42
Common Stock	Purchase	55	57.37
Common Stock	Purchase	66	58.21
Common Stock	Purchase	70	57.70
Common Stock	Purchase	76	57.48
Common Stock	Purchase	90	58.53
Common Stock	Purchase	95	57.46
Common Stock	Purchase	95	58.44
Common Stock	Purchase	100	57.48
Common Stock	Purchase	100	57.50
Common Stock	Purchase	100	57.77
Common Stock	Purchase	100	57.77
Common Stock	Purchase	100	57.80
Common Stock	Purchase	100	57.91
Common Stock	Purchase	100	57.95
Common Stock	Purchase	100	57.96
Common Stock	Purchase	100	57.99
Common Stock	Purchase	100	58.02
Common Stock	Purchase	100	58.07
Common Stock	Purchase	100	58.12
Common Stock	Purchase	100	58.13
Common Stock	Purchase	100	58.15
Common Stock	Purchase	100	58.16
Common Stock	Purchase	100	58.21
Common Stock	Purchase	100	58.21
Common Stock	Purchase	100	58.25
Common Stock	Purchase	100	58.31
Common Stock	Purchase	100	58.32
Common Stock	Purchase	100	58.34
Common Stock	Purchase	100	58.38
Common Stock	Purchase	100	58.39
Common Stock	Purchase	100	58.48
Common Stock	Purchase	100	58.51
Common Stock	Purchase	100	58.52
Common Stock	Purchase	100	58.56
Common Stock	Purchase	100	58.57
Common Stock	Purchase	100	58.57
Common Stock	Purchase	114	58.46
Common Stock	Purchase	115	58.57
Common Stock	Purchase	123	58.52
Common Stock	Purchase	134	57.96
Common Stock	Purchase	134	58.28
Common Stock	Purchase	137	57.84
Common Stock	Purchase	146	57.86
Common Stock	Purchase	164	58.39
Common Stock	Purchase	191	58.03
Common Stock	Purchase	200	57.41
Common Stock	Purchase	200	57.88
Common Stock	Purchase	200	57.93
Common Stock	Purchase	200	57.94
Common Stock	Purchase	200	57.95
Common Stock	Purchase	200	57.98
Common Stock	Purchase	200	58.01
Common Stock	Purchase	200	58.04
Common Stock	Purchase	200	58.09
Common Stock	Purchase	200	58.11
Common Stock	Purchase	200	58.14
Common Stock	Purchase	200	58.19
Common Stock	Purchase	200	58.20
Common Stock	Purchase	200	58.42
Common Stock	Purchase	200	58.45
Common Stock	Purchase	200	58.52
Common Stock	Purchase	200	58.54
Common Stock	Purchase	200	58.55
Common Stock	Purchase	200	58.56
Common Stock	Purchase	200	58.58
Common Stock	Purchase	200	58.59
Common Stock	Purchase	213	58.18
Common Stock	Purchase	216	57.76
Common Stock	Purchase	222	58.37
Common Stock	Purchase	236	58.22
Common Stock	Purchase	248	57.91
Common Stock	Purchase	256	58.47
Common Stock	Purchase	266	58.29
Common Stock	Purchase	283	58.01
Common Stock	Purchase	300	57.44
Common Stock	Purchase	300	57.83
Common Stock	Purchase	300	58.28
Common Stock	Purchase	300	58.46
Common Stock	Purchase	300	58.50
Common Stock	Purchase	300	58.54
Common Stock	Purchase	304	58.30
Common Stock	Purchase	305	57.96
Common Stock	Purchase	310	58.50
Common Stock	Purchase	316	57.54
Common Stock	Purchase	324	58.04
Common Stock	Purchase	327	58.07
Common Stock	Purchase	336	57.99
Common Stock	Purchase	344	58.48
Common Stock	Purchase	378	57.88
Common Stock	Purchase	388	57.65
Common Stock	Purchase	396	58.40
Common Stock	Purchase	400	58.03
Common Stock	Purchase	400	58.10
Common Stock	Purchase	400	58.11
Common Stock	Purchase	400	58.31
Common Stock	Purchase	400	58.32
Common Stock	Purchase	400	58.36
Common Stock	Purchase	400	58.39
Common Stock	Purchase	400	58.42
Common Stock	Purchase	400	58.43
Common Stock	Purchase	400	58.47
Common Stock	Purchase	413	58.09
Common Stock	Purchase	419	57.95
Common Stock	Purchase	463	57.53
Common Stock	Purchase	465	58.43
Common Stock	Purchase	467	58.22
Common Stock	Purchase	468	58.24
Common Stock	Purchase	478	57.70
Common Stock	Purchase	484	57.66
Common Stock	Purchase	485	58.06
Common Stock	Purchase	488	58.08
Common Stock	Purchase	500	57.61
Common Stock	Purchase	500	57.91
Common Stock	Purchase	500	57.97
Common Stock	Purchase	500	58.15
Common Stock	Purchase	500	58.24
Common Stock	Purchase	500	58.25
Common Stock	Purchase	500	58.27
Common Stock	Purchase	500	58.32
Common Stock	Purchase	500	58.40
Common Stock	Purchase	500	58.53
Common Stock	Purchase	505	58.26
Common Stock	Purchase	518	57.77
Common Stock	Purchase	537	58.16
Common Stock	Purchase	549	57.52
Common Stock	Purchase	561	58.46
Common Stock	Purchase	567	58.05
Common Stock	Purchase	574	57.39
Common Stock	Purchase	600	58.07
Common Stock	Purchase	600	58.35
Common Stock	Purchase	600	58.55
Common Stock	Purchase	600	58.56
Common Stock	Purchase	612	58.35
Common Stock	Purchase	618	57.45
Common Stock	Purchase	637	58.45
Common Stock	Purchase	638	58.00
Common Stock	Purchase	647	58.02
Common Stock	Purchase	675	57.68
Common Stock	Purchase	675	58.09
Common Stock	Purchase	681	57.78
Common Stock	Purchase	686	57.94
Common Stock	Purchase	708	58.12
Common Stock	Purchase	714	57.85
Common Stock	Purchase	720	57.94
Common Stock	Purchase	726	58.13
Common Stock	Purchase	738	58.06
Common Stock	Purchase	752	57.98
Common Stock	Purchase	768	57.90
Common Stock	Purchase	770	57.93
Common Stock	Purchase	800	58.38
Common Stock	Purchase	825	57.64
Common Stock	Purchase	829	57.67
Common Stock	Purchase	837	57.95
Common Stock	Purchase	900	58.12
Common Stock	Purchase	900	58.33
Common Stock	Purchase	956	57.75
Common Stock	Purchase	966	58.15
Common Stock	Purchase	975	58.11
Common Stock	Purchase	988	57.61
Common Stock	Purchase	1010	57.74
Common Stock	Purchase	1022	58.48
Common Stock	Purchase	1063	58.34
Common Stock	Purchase	1068	57.89
Common Stock	Purchase	1100	58.16
Common Stock	Purchase	1158	57.62
Common Stock	Purchase	1165	57.88
Common Stock	Purchase	1165	57.92
Common Stock	Purchase	1200	57.99
Common Stock	Purchase	1200	58.37
Common Stock	Purchase	1200	58.49
Common Stock	Purchase	1215	57.51
Common Stock	Purchase	1252	58.14
Common Stock	Purchase	1286	57.47
Common Stock	Purchase	1300	58.44
Common Stock	Purchase	1324	57.44
Common Stock	Purchase	1398	57.79
Common Stock	Purchase	1400	58.14
Common Stock	Purchase	1400	58.18
Common Stock	Purchase	1415	57.83
Common Stock	Purchase	1533	57.84
Common Stock	Purchase	1608	57.63
Common Stock	Purchase	1681	57.69
Common Stock	Purchase	1700	58.17
Common Stock	Purchase	1715	57.40
Common Stock	Purchase	1750	57.82
Common Stock	Purchase	1883	57.71
Common Stock	Purchase	1891	57.87
Common Stock	Purchase	1982	58.45
Common Stock	Purchase	2000	58.34
Common Stock	Purchase	2352	57.86
Common Stock	Purchase	2424	57.81
Common Stock	Purchase	2746	57.50
Common Stock	Purchase	2985	57.49
Common Stock	Purchase	3492	57.80
Common Stock	Purchase	4586	57.48
Common Stock	Purchase	162597	57.38

(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

(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)

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:	11-11-2024
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 +44 (0)20 7638 0129. 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 06/20/25 C50 Equity	Purchase	300	USD 50	American	06/20/25
Common Stock	Put option IP US 01/16/26 P42.5 Equity	Written	4,600	USD 42.5	American	01/16/26
Common Stock	Call option IP US 09/19/25 C42.5 Equity	Purchase	600	USD 42.5	American	09/19/25
Common Stock	Call option IP US 01/16/26 C60 Equity	Purchase	300	USD 60	American	01/16/26
Common Stock	Put option IP US 12/20/24 P57.5 Equity	Purchase	3,200	USD 57.5	American	12/20/24
Common Stock	Call option IP US 06/20/25 C52.5 Equity	Purchase	2,000	USD 52.5	American	06/20/25
Common Stock	Call option IP US 04/17/25 C52.5 Equity	Purchase	600	USD 52.5	American	04/17/25
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 10/17/25 C42.5 Equity	Purchase	700	USD 42.5	American	10/17/25
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 01/16/26 C50 Equity	Purchase	500	USD 50	American	01/16/26
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 12/20/24 C50 Equity	Purchase	300	USD 50	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 04/17/25 C50 Equity	Purchase	200	USD 50	American	04/17/25
Common Stock	Put option IP US 04/17/25 P47.5 Equity	Written	2,400	USD 47.5	American	04/17/25
Common Stock	Put option IP US 04/17/25 P45 Equity	Written	300	USD 45	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

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 +44 (0)20 7638 0129.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20241111728578/en/

Contacts

Qube Research & Technologies LTD

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Form 8.3 - International Paper Company

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