For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240426:nRSZ2760Ma&default-theme=true
RNS Number : 2760M D E Shaw & Co LP 26 April 2024
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: D. E. Shaw & Co., L.P.
(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 International Paper Company
relates:
Use a separate form for each offeror/offeree
(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: April 25, 2024
For an opening position disclosure, state the latest practicable date
prior to the disclosure
(f) In addition to the company in 1(c) above, is the discloser making Yes, Smith (DS) plc
disclosures in respect of any other party to the offer?
If it is a cash offer or possible cash offer, state "N/A"
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: 1p ordinary
Interests Short positions
Number % Number %
(1) Relevant securities owned and/or controlled: 27,709 0.00% 1,547,602 0.44%
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to 60,500 0.01% 54,500 0.01%
purchase/sell:
TOTAL: 88,209 0.02% 1,602,102 0.46%
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 Sale 200 USD 33.23
common stock Sale 100 USD 33.25
common stock Purchase 100 USD 33.26
common stock Sale 100 USD 33.26
common stock Sale 238 USD 33.28
common stock Sale 200 USD 33.29
common stock Sale 600 USD 33.30
common stock Purchase 100 USD 33.31
common stock Sale 400 USD 33.31
common stock Sale 607 USD 33.34
common stock Sale 1,827 USD 33.36
common stock Purchase 100 USD 33.37
common stock Sale 300 USD 33.38
common stock Purchase 100 USD 33.40
common stock Sale 100 USD 33.41
common stock Sale 100 USD 33.42
common stock Sale 100 USD 33.43
common stock Purchase 100 USD 33.44
common stock Sale 100 USD 33.44
common stock Purchase 100 USD 33.45
common stock Sale 300 USD 33.45
common stock Sale 1,100 USD 33.46
common stock Sale 1,100 USD 33.47
common stock Purchase 1,000 USD 33.48
common stock Sale 300 USD 33.49
common stock Sale 500 USD 33.50
common stock Sale 205,501 USD 33.51
common stock Purchase 200 USD 33.52
common stock Sale 200 USD 33.52
common stock Purchase 600 USD 33.53
common stock Sale 300 USD 33.54
common stock Purchase 100 USD 33.55
common stock Sale 808 USD 33.55
common stock Sale 200 USD 33.56
common stock Sale 400 USD 33.57
common stock Purchase 100 USD 33.58
common stock Sale 300 USD 33.58
common stock Purchase 100 USD 33.59
common stock Purchase 200 USD 33.61
common stock Sale 100 USD 33.61
common stock Sale 600 USD 33.62
common stock Sale 400 USD 33.67
common stock Purchase 100 USD 33.69
common stock Sale 300 USD 33.69
common stock Sale 200 USD 33.70
common stock Sale 600 USD 33.71
common stock Sale 100 USD 33.72
common stock Purchase 100 USD 33.74
common stock Sale 1,300 USD 33.74
common stock Sale 400 USD 33.76
common stock Purchase 100 USD 33.78
common stock Sale 200 USD 33.80
common stock Purchase 300 USD 33.81
common stock Purchase 361 USD 33.82
common stock Purchase 100 USD 33.83
common stock Sale 100 USD 33.83
common stock Sale 200 USD 33.88
common stock Purchase 100 USD 33.89
common stock Sale 100 USD 33.89
common stock Purchase 100 USD 33.90
common stock Sale 400 USD 33.90
common stock Purchase 197 USD 33.91
common stock Sale 800 USD 33.91
common stock Sale 900 USD 33.92
common stock Purchase 100 USD 33.93
common stock Sale 200 USD 33.93
common stock Sale 100 USD 33.95
common stock Purchase 200 USD 33.96
common stock Sale 200 USD 33.96
common stock Purchase 600 USD 33.97
common stock Purchase 200 USD 33.98
common stock Sale 400 USD 33.98
common stock Purchase 300 USD 33.99
common stock Sale 100 USD 33.99
common stock Purchase 1,200 USD 34.00
common stock Purchase 500 USD 34.01
common stock Purchase 400 USD 34.02
common stock Purchase 500 USD 34.04
common stock Purchase 400 USD 34.05
common stock Purchase 200 USD 34.06
common stock Purchase 300 USD 34.07
common stock Purchase 200 USD 34.08
common stock Purchase 600 USD 34.09
common stock Purchase 300 USD 34.11
common stock Sale 100 USD 34.11
common stock Purchase 100 USD 34.12
common stock Purchase 200 USD 34.13
common stock Purchase 100 USD 34.14
common stock Purchase 200 USD 34.15
common stock Purchase 300 USD 34.16
common stock Purchase 200 USD 34.17
common stock Purchase 400 USD 34.24
(b) Cash-settled derivative transactions
Class of relevant security Product description e.g. CFD Nature of dealing Number of reference securities Price per unit
e.g. opening/closing a long/short position, increasing/reducing a long/short
position
(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 Expiry date Option money paid/ received per unit
e.g. American, European etc.
(ii) Exercise
Class of relevant security Product description Exercising/ exercised against Number of securities Exercise price per unit
e.g. call option
(d) Other dealings (including subscribing for new securities)
Class of relevant security Nature of dealing Details Price per unit (if applicable)
e.g. subscription, conversion
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"
(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"
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? YES
Date of disclosure: April 26, 2024
Contact name: Kevin Krist (Compliance Department)
Telephone number*: +44 (0) 20 7409 4420
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.
*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
(http://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: D. E. Shaw & Co., L.P.
Name of offeror/offeree in relation to whose relevant securities the International Paper Company
disclosure relates:
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 Expiry date
e.g. American, European etc.
common stock Listed Call Option Written 4,200 USD 35.00 American 20240719
common stock Listed Call Option Written 10,600 USD 35.00 American 20240426
common stock Listed Call Option Written 5,700 USD 36.00 American 20240426
common stock Listed Call Option Written 6,600 USD 37.00 American 20240426
common stock Listed Call Option Written 16,600 USD 37.50 American 20240517
common stock Listed Call Option Written 2,100 USD 38.00 American 20240426
common stock Listed Call Option Written 8,700 USD 40.00 American 20240517
common stock Listed Put Option Written 1,800 USD 33.00 American 20240503
common stock Listed Put Option Written 5,900 USD 34.00 American 20240426
common stock Listed Put Option Written 8,400 USD 34.00 American 20240503
common stock Listed Put Option Written 12,500 USD 35.00 American 20240719
common stock Listed Put Option Written 10,300 USD 35.00 American 20240426
common stock Listed Put Option Written 4,700 USD 36.00 American 20240426
common stock Listed Put Option Written 400 USD 37.00 American 20240426
common stock Listed Put Option Written 13,500 USD 37.50 American 20240517
common stock Listed Put Option Written 3,000 USD 40.00 American 20240517
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
(http://www.thetakeoverpanel.org.uk) .
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END RETFLFLSSAIRFIS