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:	Millennium International 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	17^th October 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, Smith (DS) 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 (US4601461035)
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	1,794,156	0.517%	3,183,954	0.917%
(2) Cash-settled derivatives:	20,136	0.006%	2,646,840	0.762%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	150,300	0.043%	177,600	0.051%
TOTAL:	1,964,592	0.566%	6,008,394	1.730%

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 (USD)
US4601461035	Sale	2,253	46.73
US4601461035	Purchase	2,273	46.63
US4601461035	Sale	4	47.14
US4601461035	Sale	10	47.15
US4601461035	Sale	6	47.11
US4601461035	Purchase	100	47.27
US4601461035	Purchase	841	47.09
US4601461035	Purchase	60	47.41
US4601461035	Purchase	440	47.12
US4601461035	Purchase	2,307	46.73
US4601461035	Purchase	1,683	47.21
US4601461035	Purchase	299	47.30
US4601461035	Purchase	28	47.38
US4601461035	Purchase	1,260	47.29
US4601461035	Purchase	100	46.75
US4601461035	Purchase	660	46.63
US4601461035	Sale	26,816	46.63
US4601461035	Purchase	1,949	47.01
US4601461035	Purchase	633	47.03
US4601461035	Purchase	755	47.35
US4601461035	Purchase	100	46.85
US4601461035	Purchase	237	46.67
US4601461035	Purchase	100	47.45
US4601461035	Purchase	1,033	47.18
US4601461035	Purchase	1,273	47.22
US4601461035	Purchase	200	46.41
US4601461035	Purchase	76	47.36
US4601461035	Purchase	16	47.24
US4601461035	Purchase	207	46.43
US4601461035	Purchase	1,358	46.58
US4601461035	Purchase	1,202	46.52
US4601461035	Purchase	1,361	46.62
US4601461035	Purchase	683	46.55
US4601461035	Purchase	465	47.19
US4601461035	Purchase	8	46.65
US4601461035	Purchase	344	47.17
US4601461035	Purchase	1,334	46.61
US4601461035	Purchase	300	46.74
US4601461035	Purchase	100	46.76
US4601461035	Purchase	1,490	46.66
US4601461035	Purchase	1,149	47.15
US4601461035	Purchase	100	46.48
US4601461035	Purchase	386	46.49
US4601461035	Purchase	469	47.10
US4601461035	Purchase	2,767	46.57
US4601461035	Purchase	184	47.46
US4601461035	Purchase	2,942	46.59
US4601461035	Purchase	19	47.40
US4601461035	Purchase	1,935	47.06
US4601461035	Purchase	100	46.47
US4601461035	Purchase	251	47.00
US4601461035	Purchase	691	46.51
US4601461035	Purchase	40	47.48
US4601461035	Purchase	2,358	46.60
US4601461035	Purchase	2,218	46.54
US4601461035	Purchase	246	47.02
US4601461035	Purchase	311	46.69
US4601461035	Purchase	105	46.50
US4601461035	Purchase	2	46.97
US4601461035	Purchase	102	46.72
US4601461035	Purchase	308	46.56
US4601461035	Purchase	411	47.37
US4601461035	Purchase	411	46.76
US4601461035	Sale	411	46.76
US4601461035	Sale	60	47.21
US4601461035	Sale	76,804	46.63
US4601461035	Sale	8	47.35
US4601461035	Purchase	106	47.42
US4601461035	Purchase	738	47.18
US4601461035	Purchase	232	47.22
US4601461035	Sale	8	47.22
US4601461035	Sale	49,156	46.82
US4601461035	Purchase	100	47.36
US4601461035	Purchase	14	47.24
US4601461035	Purchase	205	47.23
US4601461035	Purchase	1	46.43
US4601461035	Purchase	38,559	47.34
US4601461035	Purchase	66	47.44
US4601461035	Purchase	238	47.33
US4601461035	Purchase	118	47.32
US4601461035	Purchase	13,423	46.64
US4601461035	Purchase	731	47.14
US4601461035	Purchase	756	47.37
US4601461035	Purchase	11	46.48
US4601461035	Purchase	13,719	46.49
US4601461035	Sale	9	47.31
US4601461035	Purchase	5	47.46
US4601461035	Purchase	317	46.59
US4601461035	Purchase	719	47.13
US4601461035	Sale	19	47.13
US4601461035	Purchase	2,805	46.60
US4601461035	Sale	3,122	46.60
US4601461035	Purchase	35,028	46.89
US4601461035	Sale	27	46.89
US4601461035	Sale	6	47.11
US4601461035	Purchase	566	46.94
US4601461035	Purchase	139	46.88
US4601461035	Purchase	26,816	46.63
US4601461035	Purchase	147	47.27
US4601461035	Sale	70	47.27
US4601461035	Purchase	348	47.09
US4601461035	Sale	1	47.09
US4601461035	Sale	118	47.41
US4601461035	Purchase	91	47.12
US4601461035	Sale	2	47.12
US4601461035	Purchase	1,790	46.73
US4601461035	Sale	5	46.73
US4601461035	Purchase	32	47.21
US4601461035	Sale	4	46.70
US4601461035	Purchase	402	47.30
US4601461035	Sale	91	47.30
US4601461035	Sale	29	47.38
US4601461035	Purchase	6	47.29
US4601461035	Sale	124	47.29
US4601461035	Purchase	27,379	46.63
US4601461035	Sale	21,236	46.63
US4601461035	Purchase	3	47.01
US4601461035	Purchase	8	47.35
US4601461035	Sale	180	47.35
US4601461035	Sale	29	46.67
US4601461035	Sale	154	47.42
US4601461035	Purchase	40	47.45
US4601461035	Sale	21	47.45
US4601461035	Sale	71	46.77
US4601461035	Sale	11	46.45
US4601461035	Sale	26	47.22
US4601461035	Sale	647	46.41
US4601461035	Sale	1,191	47.36
US4601461035	Sale	9	47.24
US4601461035	Purchase	177	47.23
US4601461035	Sale	179	47.23
US4601461035	Sale	15	46.43
US4601461035	Sale	167	47.34
US4601461035	Purchase	10	47.44
US4601461035	Purchase	5	46.58
US4601461035	Sale	199	46.58
US4601461035	Sale	247	47.33
US4601461035	Purchase	74	47.32
US4601461035	Sale	78	47.32
US4601461035	Sale	73	46.52
US4601461035	Sale	38	47.08
US4601461035	Purchase	33	46.62
US4601461035	Sale	76	46.62
US4601461035	Purchase	175	46.55
US4601461035	Sale	1,589	46.55
US4601461035	Sale	38	47.19
US4601461035	Sale	108	46.65
US4601461035	Sale	163	46.46
US4601461035	Sale	133	46.64
US4601461035	Purchase	9	47.17
US4601461035	Purchase	452	46.61
US4601461035	Sale	667	46.61
US4601461035	Sale	41	46.74
US4601461035	Purchase	353	46.98
US4601461035	Sale	337	46.68
US4601461035	Purchase	525	46.80
US4601461035	Sale	10	47.14
US4601461035	Sale	816	47.37
US4601461035	Sale	55	46.66
US4601461035	Sale	590	46.48
US4601461035	Purchase	50	46.49
US4601461035	Sale	142	46.49
US4601461035	Sale	6	46.57
US4601461035	Sale	3	47.31
US4601461035	Purchase	1	47.46
US4601461035	Purchase	6	47.28
US4601461035	Sale	64	47.28
US4601461035	Purchase	6	46.59
US4601461035	Sale	128	46.59
US4601461035	Purchase	2	47.40
US4601461035	Sale	343	47.40
US4601461035	Sale	22	46.47
US4601461035	Sale	673	46.51
US4601461035	Sale	184	46.60
US4601461035	Sale	345	46.54
US4601461035	Sale	43	47.26
US4601461035	Purchase	5	47.02
US4601461035	Sale	74	47.47
US4601461035	Purchase	11	46.69
US4601461035	Sale	23	46.69
US4601461035	Sale	39	46.50
US4601461035	Purchase	27	46.89
US4601461035	Sale	37	47.39
US4601461035	Purchase	742	47.11
US4601461035	Sale	2	47.11
US4601461035	Sale	14	47.25
US4601461035	Purchase	9	47.43
US4601461035	Sale	10	47.20
US4601461035	Sale	28	46.90
US4601461035	Purchase	4	47.16
US4601461035	Sale	10	47.16
US4601461035	Sale	80	46.44
US4601461035	Sale	255	46.53
US4601461035	Sale	269	46.40
US4601461035	Sale	90	46.71
US4601461035	Sale	400	46.42
US4601461035	Sale	20,680	47.27
US4601461035	Sale	2,111	47.09
US4601461035	Sale	8,198	47.41
US4601461035	Sale	592	46.78
US4601461035	Sale	400	46.83
US4601461035	Sale	2,088	47.12
US4601461035	Sale	600	46.73
US4601461035	Purchase	12	47.21
US4601461035	Sale	2,040	47.21
US4601461035	Sale	2,460	47.05
US4601461035	Sale	2,341	46.70
US4601461035	Purchase	623	47.30
US4601461035	Sale	11,025	47.30
US4601461035	Sale	800	47.38
US4601461035	Sale	2,265	47.29
US4601461035	Sale	500	46.75
US4601461035	Purchase	616,552	46.63
US4601461035	Sale	20,441	46.63
US4601461035	Sale	1,467	47.01
US4601461035	Sale	21	47.03
US4601461035	Sale	3,962	47.35
US4601461035	Sale	1,525	46.85
US4601461035	Sale	5,638	46.67
US4601461035	Sale	1,806	47.42
US4601461035	Purchase	5	47.45
US4601461035	Sale	3,751	47.45
US4601461035	Sale	332	46.77
US4601461035	Sale	1,406	46.45
US4601461035	Sale	4,821	47.18
US4601461035	Purchase	2	47.22
US4601461035	Sale	3,636	47.22
US4601461035	Sale	100	46.41
US4601461035	Sale	300	46.82
US4601461035	Sale	4,751	47.36
US4601461035	Sale	1,077	47.24
US4601461035	Sale	270	47.23
US4601461035	Sale	600	46.43
US4601461035	Sale	47,628	47.34
US4601461035	Sale	7,723	47.44
US4601461035	Purchase	69	46.58
US4601461035	Sale	28,059	46.58
US4601461035	Sale	754	47.33
US4601461035	Sale	1,062	47.32
US4601461035	Sale	6,871	46.52
US4601461035	Sale	3,364	47.08
US4601461035	Purchase	63	46.62
US4601461035	Sale	14,674	46.62
US4601461035	Purchase	32	46.55
US4601461035	Sale	3,823	46.55
US4601461035	Sale	44	47.19
US4601461035	Purchase	73	46.65
US4601461035	Sale	11,901	46.65
US4601461035	Sale	3,146	46.46
US4601461035	Purchase	6,817	46.64
US4601461035	Sale	37,736	46.64
US4601461035	Sale	5,384	47.17
US4601461035	Sale	9,704	46.61
US4601461035	Purchase	70	46.74
US4601461035	Sale	926	46.74
US4601461035	Sale	1	46.98
US4601461035	Sale	8,040	46.68
US4601461035	Sale	763	46.80
US4601461035	Purchase	24	47.14
US4601461035	Purchase	13	47.37
US4601461035	Sale	20,538	47.37
US4601461035	Purchase	18,941	46.76
US4601461035	Sale	19,214	46.76
US4601461035	Purchase	28	46.66
US4601461035	Sale	6,250	46.66
US4601461035	Sale	983	47.15
US4601461035	Sale	5,287	46.48
US4601461035	Sale	15,351	46.49
US4601461035	Sale	296	47.10
US4601461035	Sale	8,848	46.57
US4601461035	Sale	1,061	47.31
US4601461035	Sale	218	47.46
US4601461035	Purchase	26	47.28
US4601461035	Sale	9,620	47.28
US4601461035	Sale	6,193	46.59
US4601461035	Sale	22,892	47.40
US4601461035	Sale	2,703	47.06
US4601461035	Sale	2,726	46.47
US4601461035	Sale	5	47.00
US4601461035	Sale	3,290	46.51
US4601461035	Purchase	19	47.13
US4601461035	Sale	3,091	47.13
US4601461035	Purchase	24	47.48
US4601461035	Sale	93	47.48
US4601461035	Sale	2,113	46.60
US4601461035	Sale	3,135	46.54
US4601461035	Sale	15,339	47.26
US4601461035	Sale	864	47.02
US4601461035	Sale	214	47.07
US4601461035	Sale	1,068	47.47
US4601461035	Sale	1,607	46.69
US4601461035	Sale	30,938	46.50
US4601461035	Sale	2,234	46.97
US4601461035	Sale	1,142	46.89
US4601461035	Sale	332	46.72
US4601461035	Sale	603	46.95
US4601461035	Sale	1,264	46.56
US4601461035	Sale	6,840	47.39
US4601461035	Sale	3,271	47.11
US4601461035	Sale	304	47.25
US4601461035	Purchase	4,049	46.94
US4601461035	Sale	4,063	46.94
US4601461035	Sale	217	46.96
US4601461035	Sale	44	46.88
US4601461035	Sale	12,670	47.43
US4601461035	Purchase	14	47.20
US4601461035	Sale	1,697	47.20
US4601461035	Sale	1,133	46.90
US4601461035	Sale	6,120	47.16
US4601461035	Purchase	8	46.44
US4601461035	Sale	1,968	46.44
US4601461035	Sale	1,498	46.99
US4601461035	Sale	1,932	46.53
US4601461035	Purchase	1	46.40
US4601461035	Sale	690	46.71
US4601461035	Purchase	8	46.42
US4601461035	Sale	100	46.42
US4601461035	Purchase	13,336	46.86
US4601461035	Sale	14,607	46.86
US4601461035	Sale	2,325	46.84
US4601461035	Sale	2,567	46.93
US4601461035	Purchase	9,659	46.91
US4601461035	Sale	9,790	46.91
US4601461035	Sale	400	46.79
US4601461035	Sale	706	46.87
US4601461035	Sale	570	46.81
US4601461035	Sale	5,190	46.63
US4601461035	Purchase	24	47.09
US4601461035	Purchase	2,332	47.30
US4601461035	Purchase	3,709	46.63
US4601461035	Purchase	51	47.01
US4601461035	Purchase	68	46.45
US4601461035	Purchase	15	47.23
US4601461035	Purchase	61	47.34
US4601461035	Purchase	139	47.33
US4601461035	Purchase	10	46.52
US4601461035	Purchase	11	46.62
US4601461035	Purchase	181	46.46
US4601461035	Purchase	11	46.64
US4601461035	Purchase	29	47.15
US4601461035	Purchase	18	46.48
US4601461035	Purchase	777	46.49
US4601461035	Purchase	137	47.28
US4601461035	Purchase	12	46.59
US4601461035	Purchase	38	46.47
US4601461035	Purchase	110	46.51
US4601461035	Purchase	163	47.26
US4601461035	Purchase	26	46.50
US4601461035	Purchase	11	46.97
US4601461035	Purchase	6	47.11
US4601461035	Purchase	297	47.25
US4601461035	Purchase	382	46.44
US4601461035	Purchase	100	46.53
US4601461035	Purchase	17,594	46.63
US4601461035	Purchase	2,500	46.75
US4601461035	Purchase	1,944	46.63
US4601461035	Purchase	1,721	46.67
US4601461035	Purchase	13,800	46.65
US4601461035	Purchase	1,000	46.61
US4601461035	Purchase	2,900	46.68
US4601461035	Purchase	200	46.80
US4601461035	Purchase	1,920	46.66
US4601461035	Purchase	900	46.69
US4601461035	Purchase	300	46.72
US4601461035	Purchase	64	46.63
US4601461035	Sale	83,199	46.85
US4601461035	Purchase	95,493	46.63
US4601461035	Sale	633,969	46.63
US4601461035	Sale	16,581	46.63
US4601461035	Purchase	1,643	47.27
US4601461035	Purchase	172	47.12
US4601461035	Purchase	348	47.29
US4601461035	Purchase	100	46.75
US4601461035	Purchase	212	47.35
US4601461035	Purchase	201	46.67
US4601461035	Purchase	428	47.45
US4601461035	Purchase	50	46.77
US4601461035	Purchase	378	47.18
US4601461035	Purchase	31	47.24
US4601461035	Purchase	1,180	47.23
US4601461035	Purchase	200	46.43
US4601461035	Purchase	1,434	47.44
US4601461035	Purchase	300	46.62
US4601461035	Purchase	473	46.55
US4601461035	Purchase	905	47.19
US4601461035	Purchase	101	46.65
US4601461035	Purchase	1,100	46.46
US4601461035	Purchase	1,849	46.64
US4601461035	Purchase	228	46.61
US4601461035	Purchase	736	46.98
US4601461035	Purchase	585	46.68
US4601461035	Purchase	59	46.76
US4601461035	Purchase	1,150	46.66
US4601461035	Purchase	130	47.28
US4601461035	Purchase	367	47.26
US4601461035	Purchase	1	47.07
US4601461035	Purchase	217	46.69
US4601461035	Purchase	140	46.50
US4601461035	Purchase	83	46.72
US4601461035	Purchase	223	46.95
US4601461035	Purchase	819	47.25
US4601461035	Purchase	100	46.90
US4601461035	Purchase	409	47.16
US4601461035	Purchase	229	46.99
US4601461035	Purchase	311	46.78
US4601461035	Purchase	160	46.83
US4601461035	Purchase	608	46.73
US4601461035	Purchase	1,470	47.21
US4601461035	Purchase	234	47.05
US4601461035	Sale	38	46.70
US4601461035	Sale	40	46.63
US4601461035	Purchase	76	46.41
US4601461035	Sale	418	46.82
US4601461035	Sale	117	47.36
US4601461035	Purchase	115	46.58
US4601461035	Purchase	633	46.52
US4601461035	Sale	884	47.08
US4601461035	Sale	717	46.64
US4601461035	Sale	44	46.74
US4601461035	Purchase	1,080	46.98
US4601461035	Purchase	34	46.68
US4601461035	Sale	24	46.80
US4601461035	Purchase	6	46.81

(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
US4601461035	Equity Swap	Increasing a long position	2,813	46.84 USD
US4601461035	Equity Swap	Increasing a long position	4,007	46.88 USD
US4601461035	Equity Swap	Increasing a short position	38,550	35.94 GBP
US4601461035	Equity Swap	Increasing a short position	10,217	35.94 GBP

(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 (USD)
US4601461035	Put Option	Purchasing	1,200	47.50	American	17/01/2025	2.81

(ii) Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit (USD)

(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:	18^th October 2024
Contact name:	Stephen Glasper
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]. 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.

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, 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:	Millennium International Management LP
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 (USD)	Type e.g. American, European etc.	Expiry date
US4601461035	Call Option	Purchased	100	35.00	American	17/01/2025
US4601461035	Call Option	Purchased	300	40.00	American	17/01/2025
US4601461035	Put Option	Purchased	800	32.50	American	17/01/2025
US4601461035	Call Option	Purchased	12,200	45.00	American	17/01/2025
US4601461035	Call Option	Purchased	400	45.00	American	18/10/2024
US4601461035	Put Option	Written	100,000	37.50	American	18/10/2024
US4601461035	Put Option	Purchased	60,000	45.00	American	17/01/2025
US4601461035	Put Option	Purchased	7,400	45.00	American	18/10/2024
US4601461035	Call Option	Purchased	100	47.50	American	16/01/2026
US4601461035	Put Option	Purchased	6,600	42.50	American	18/10/2024
US4601461035	Call Option	Purchased	37,200	47.50	American	18/10/2024
US4601461035	Put Option	Purchased	16,100	47.50	American	18/10/2024
US4601461035	Put Option	Purchased	3,100	47.00	American	25/10/2024
US4601461035	Put Option	Purchased	32,600	47.50	American	17/01/2025
US4601461035	Put Option	Purchased	1,000	50.00	American	17/01/2025
US4601461035	Put Option	Purchased	50,000	46.50	American	18/10/2024

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.