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:	Balyasny Asset Management LP
(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	29/04/2024
(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 ISIN: US4601461035
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	5,478,753	1.57	394,258	0.11
(2) Cash-settled derivatives:	598	0.00
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	5,479,351	1.57	394,258	0.11

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:

Details, including nature of the rights concerned and relevant percentages:

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
$ Common Stock	Purchase	29,560	USD 35.02
$ Common Stock	Purchase	36,950	USD 34.52
$ Common Stock	Sale	76,064	USD 35.08
$ Common Stock	Purchase	1,948	USD 34.83
$ Common Stock	Purchase	5,699	USD 35.27
$ Common Stock	Purchase	800	USD 34.85
$ Common Stock	Purchase	18,647	USD 34.58
$ Common Stock	Purchase	28,596	USD 35.19
$ Common Stock	Sale	1,620	USD 35.25
$ Common Stock	Sale	571	USD 34.80
$ Common Stock	Sale	30,000	USD 35.28
$ Common Stock	Sale	5,529	USD 35.26
$ Common Stock	Sale	3,118	USD 35.21
$ Common Stock	Sale	1,300	USD 35.42
$ Common Stock	Sale	2,570	USD 34.83
$ Common Stock	Sale	2,709	USD 34.80
$ Common Stock	Purchase	2	USD 34.69
$ Common Stock	Purchase	322	USD 34.78
$ Common Stock	Purchase	2,273	USD 34.92
$ Common Stock	Purchase	69	USD 34.83
$ Common Stock	Purchase	400	USD 35.02
$ Common Stock	Purchase	2,160	USD 35.22
$ Common Stock	Purchase	3,488	USD 35.27
$ Common Stock	Purchase	91	USD 35.33
$ Common Stock	Purchase	28	USD 35.28
$ Common Stock	Purchase	704	USD 35.27
$ Common Stock	Purchase	62	USD 35.09
$ Common Stock	Purchase	7,061	USD 35.31
$ Common Stock	Purchase	12	USD 35.24
$ Common Stock	Purchase	53	USD 34.87
$ Common Stock	Purchase	1,807	USD 34.75
$ Common Stock	Purchase	65	USD 35.12
$ Common Stock	Purchase	94	USD 35.06
$ Common Stock	Purchase	2,521	USD 35.01
$ Common Stock	Sale	458	USD 35.11
$ Common Stock	Sale	3,400	USD 35.02
$ Common Stock	Sale	83	USD 34.97
$ Common Stock	Sale	7,721	USD 34.75
$ Common Stock	Sale	900	USD 35.22
$ Common Stock	Sale	505	USD 35.25
$ Common Stock	Sale	69,672	USD 35.26
$ Common Stock	Sale	7,253	USD 34.98
$ Common Stock	Sale	4,396	USD 35.34
$ Common Stock	Sale	3,159	USD 35.20
$ Common Stock	Sale	29,951	USD 35.26
$ Common Stock	Sale	2,851	USD 35.25
$ Common Stock	Sale	7,676	USD 34.83
$ Common Stock	Sale	2,400	USD 34.83
$ Common Stock	Sale	3,501	USD 34.86
$ Common Stock	Sale	3,428	USD 34.91
$ Common Stock	Sale	32	USD 35.33
$ Common Stock	Sale	645	USD 35.24
$ Common Stock	Sale	559	USD 35.34
$ Common Stock	Sale	133	USD 34.83
$ Common Stock	Sale	3,316	USD 35.34
$ Common Stock	Sale	4,986	USD 34.73
$ Common Stock	Sale	15	USD 35.45
$ Common Stock	Sale	2,285	USD 35.00

(b) Cash-settled derivative transactions

Class of relevant security

Product description e.g. CFD

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

Number of reference securities

Price per unit

(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

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?

No

Date of disclosure:	30/04/2024
Contact name:	Jack Satt
Telephone number*:	[phone]

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].

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

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

Category Code: RET

Sequence Number: 1224344

Time of Receipt (offset from UTC): 20240430T123409+0100