Form 8.3 - International Paper Company - Amendment

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”)

***Amendment to section 3a below for the disclosure submitted on 07^th November 2024 for trade date 06^th November 2024 ***

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	06-11-2024
(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	7,308,303	2.10
(2) Cash-settled derivatives:	0	0.0	0	0.0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	5,200	0.001	7,900	0.002
TOTAL:	5,200	0.001	7,316,203	2.10

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	58.95
Common Stock	Sale	21	58.36
Common Stock	Sale	22	58.73
Common Stock	Sale	41	59.17
Common Stock	Sale	49	59.20
Common Stock	Sale	51	59.02
Common Stock	Sale	51	59.15
Common Stock	Sale	100	58.20
Common Stock	Sale	100	58.21
Common Stock	Sale	100	58.23
Common Stock	Sale	100	58.24
Common Stock	Sale	100	58.25
Common Stock	Sale	100	58.43
Common Stock	Sale	100	58.69
Common Stock	Sale	100	58.70
Common Stock	Sale	100	58.77
Common Stock	Sale	100	58.93
Common Stock	Sale	100	59.09
Common Stock	Sale	113	58.96
Common Stock	Sale	123	58.99
Common Stock	Sale	125	59.12
Common Stock	Sale	130	58.31
Common Stock	Sale	132	59.08
Common Stock	Sale	133	58.89
Common Stock	Sale	145	58.36
Common Stock	Sale	147	58.94
Common Stock	Sale	164	58.75
Common Stock	Sale	189	58.35
Common Stock	Sale	200	58.19
Common Stock	Sale	200	58.29
Common Stock	Sale	200	58.32
Common Stock	Sale	200	58.47
Common Stock	Sale	200	58.49
Common Stock	Sale	200	58.81
Common Stock	Sale	200	59.13
Common Stock	Sale	219	58.98
Common Stock	Sale	220	58.42
Common Stock	Sale	220	58.91
Common Stock	Sale	224	58.27
Common Stock	Sale	235	58.97
Common Stock	Sale	239	59.05
Common Stock	Sale	263	58.51
Common Stock	Sale	300	58.18
Common Stock	Sale	300	58.28
Common Stock	Sale	300	58.30
Common Stock	Sale	300	59.22
Common Stock	Sale	312	58.86
Common Stock	Sale	317	59.03
Common Stock	Sale	318	58.50
Common Stock	Sale	319	59.06
Common Stock	Sale	320	59.07
Common Stock	Sale	346	58.61
Common Stock	Sale	384	58.39
Common Stock	Sale	400	58.22
Common Stock	Sale	417	58.41
Common Stock	Sale	420	58.55
Common Stock	Sale	440	58.54
Common Stock	Sale	456	58.56
Common Stock	Sale	500	58.26
Common Stock	Sale	500	58.40
Common Stock	Sale	500	58.84
Common Stock	Sale	500	58.92
Common Stock	Sale	506	58.57
Common Stock	Sale	507	58.58
Common Stock	Sale	551	59.04
Common Stock	Sale	553	58.87
Common Stock	Sale	600	59.21
Common Stock	Sale	615	58.52
Common Stock	Sale	622	58.60
Common Stock	Sale	700	59.01
Common Stock	Sale	790	58.84
Common Stock	Sale	824	58.88
Common Stock	Sale	852	58.53
Common Stock	Sale	888	59.00
Common Stock	Sale	908	58.48
Common Stock	Sale	1000	58.83
Common Stock	Sale	1021	58.81
Common Stock	Sale	1185	58.59
Common Stock	Sale	1326	58.63
Common Stock	Sale	1331	58.67
Common Stock	Sale	1342	58.82
Common Stock	Sale	1460	58.90
Common Stock	Sale	1484	58.84
Common Stock	Sale	1550	58.62
Common Stock	Sale	1714	58.68
Common Stock	Sale	1829	58.72
Common Stock	Sale	1876	58.79
Common Stock	Sale	1924	58.85
Common Stock	Sale	1950	58.70
Common Stock	Sale	2008	58.80
Common Stock	Sale	2168	58.76
Common Stock	Sale	2174	58.69
Common Stock	Sale	2300	58.66
Common Stock	Sale	2358	58.71
Common Stock	Sale	2460	58.83
Common Stock	Sale	2470	58.77
Common Stock	Sale	2480	58.64
Common Stock	Sale	2637	58.74
Common Stock	Sale	2676	58.78
Common Stock	Sale	2750	58.75
Common Stock	Sale	2843	58.73
Common Stock	Sale	3482	58.65
Common Stock	Sale	14555	58.83
Common Stock	Purchase	4	58.66
Common Stock	Purchase	4	58.81
Common Stock	Purchase	5	59.11
Common Stock	Purchase	6	58.63
Common Stock	Purchase	6	58.87
Common Stock	Purchase	6	59.24
Common Stock	Purchase	8	58.70
Common Stock	Purchase	9	58.26
Common Stock	Purchase	9	58.29
Common Stock	Purchase	9	58.38
Common Stock	Purchase	10	58.28
Common Stock	Purchase	10	58.40
Common Stock	Purchase	11	58.31
Common Stock	Purchase	11	58.33
Common Stock	Purchase	13	58.30
Common Stock	Purchase	14	58.48
Common Stock	Purchase	15	58.37
Common Stock	Purchase	18	58.80
Common Stock	Purchase	20	58.24
Common Stock	Purchase	20	58.44
Common Stock	Purchase	20	58.49
Common Stock	Purchase	21	58.84
Common Stock	Purchase	27	58.66
Common Stock	Purchase	31	58.96
Common Stock	Purchase	31	58.97
Common Stock	Purchase	31	58.97
Common Stock	Purchase	31	59.19
Common Stock	Purchase	33	59.09
Common Stock	Purchase	38	58.56
Common Stock	Purchase	40	58.34
Common Stock	Purchase	54	58.92
Common Stock	Purchase	59	59.18
Common Stock	Purchase	63	58.65
Common Stock	Purchase	63	59.27
Common Stock	Purchase	74	59.22
Common Stock	Purchase	83	58.37
Common Stock	Purchase	89	58.51
Common Stock	Purchase	92	58.93
Common Stock	Purchase	100	58.13
Common Stock	Purchase	100	58.13
Common Stock	Purchase	100	59.01
Common Stock	Purchase	100	59.31
Common Stock	Purchase	102	58.82
Common Stock	Purchase	103	59.30
Common Stock	Purchase	104	59.05
Common Stock	Purchase	119	58.46
Common Stock	Purchase	121	58.94
Common Stock	Purchase	122	59.26
Common Stock	Purchase	126	59.08
Common Stock	Purchase	131	58.21
Common Stock	Purchase	140	58.35
Common Stock	Purchase	150	58.48
Common Stock	Purchase	159	58.27
Common Stock	Purchase	159	58.95
Common Stock	Purchase	159	59.17
Common Stock	Purchase	167	58.71
Common Stock	Purchase	192	58.55
Common Stock	Purchase	195	59.00
Common Stock	Purchase	210	59.42
Common Stock	Purchase	212	59.12
Common Stock	Purchase	236	58.36
Common Stock	Purchase	252	59.02
Common Stock	Purchase	262	58.51
Common Stock	Purchase	266	58.68
Common Stock	Purchase	270	58.22
Common Stock	Purchase	270	58.64
Common Stock	Purchase	272	58.53
Common Stock	Purchase	279	58.75
Common Stock	Purchase	282	58.30
Common Stock	Purchase	287	59.04
Common Stock	Purchase	294	58.59
Common Stock	Purchase	300	58.19
Common Stock	Purchase	307	59.13
Common Stock	Purchase	312	58.23
Common Stock	Purchase	312	58.74
Common Stock	Purchase	327	58.78
Common Stock	Purchase	333	59.25
Common Stock	Purchase	345	58.25
Common Stock	Purchase	345	58.79
Common Stock	Purchase	354	58.80
Common Stock	Purchase	386	58.72
Common Stock	Purchase	404	58.26
Common Stock	Purchase	465	58.84
Common Stock	Purchase	492	58.76
Common Stock	Purchase	501	58.32
Common Stock	Purchase	503	58.29
Common Stock	Purchase	521	58.62
Common Stock	Purchase	543	58.89
Common Stock	Purchase	558	58.65
Common Stock	Purchase	568	58.85
Common Stock	Purchase	576	58.20
Common Stock	Purchase	600	58.14
Common Stock	Purchase	607	58.52
Common Stock	Purchase	626	58.66
Common Stock	Purchase	670	58.61
Common Stock	Purchase	686	59.15
Common Stock	Purchase	690	58.63
Common Stock	Purchase	698	58.50
Common Stock	Purchase	800	58.73
Common Stock	Purchase	884	58.60
Common Stock	Purchase	899	58.67
Common Stock	Purchase	4511	59.52
Common Stock	Purchase	7282	58.83

(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:	07-11-2024
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 01/16/26 C60 Equity	Purchase	300	USD 60	American	01/16/26
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 01/17/25 C60 Equity	Purchase	-200	USD 60	American	01/17/25
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 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 09/19/25 C42.5 Equity	Purchase	600	USD 42.5	American	09/19/25
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 12/20/24 C50 Equity	Purchase	300	USD 50	American	12/20/24
Common Stock	Call option IP US 01/17/25 P47.5 Equity	Purchase	-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	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	Purchase	-300	USD 45	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	Put option IP US 04/17/25 P47.5 Equity	Purchase	-2,400	USD 47.5	American	04/17/25
Common Stock	Put option IP US 01/16/26 P42.5 Equity	Purchase	-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