REG - Bank of NY Mel Corp International Paper - Form 8.3 - International Paper Company

International Paper CoAnnouncement

31/01/2025 15:30

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RNS Number : 5177V  Bank of New York Mellon Corp. (The)  31 January 2025

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:                                                      The Bank of New York Mellon Corporation and its subsidiaries, 1. The Bank of
                                                                                  New York Mellon, 2. BNY Mellon Investment Adviser, Inc., 3. Mellon Investments
                                                                                  Corporation, 4. BNY Mellon, National Association, 5. Pershing LLC, 6. BNY
                                                                                  Mellon Advisors, Inc. 7. BNY Mellon Trust of Delaware, 8. BNY Mellon
                                                                                  Securities Corporation
 (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      N/A
 and specify identity of offeror/offeree:
 (e) Date position held/dealing undertaken:                                       30 January 2025

      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, we have reported in respect to the Offeree 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:                                          Common Stock

                                                                      Interests              Short positions

                                                                      Number          %      Number    %
 (1) Relevant securities owned and/or controlled:                     4,367,957(1,2)  1.26%
 (2) Cash-settled derivatives:

 (3) Stock-settled derivatives (including options) and agreements to
 purchase/sell:
      TOTAL:                                                          4,367,957(1,2)  1.26%

( )

(1) The Bank of New York Mellon Corporation and its subsidiaries do not have
discretion regarding voting decisions in respect of 553,738 shares that are
included in the total above.

 

(2) The change in the holding of 719 shares since the last disclosure on
30(th) January 2025 is due to the Transfer In of discretionary holdings.

 

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       160                   USD 55.02

 Common Stock                Purchase       65                    USD 56.13

 Common Stock                Purchase       120                   USD 56.55

 Common Stock                Purchase       10                    USD 56.56

 Common Stock                Purchase       1,010                 USD 57.2847

 Common Stock                Sale           220                   USD 55.02

 Common Stock                Sale           190                   USD 56.535

 Common Stock                Sale           10                    USD 56.75

 Common Stock                Sale           23                    USD 57.4577

 Common Stock                Sale           1,810                 USD 57.05

 Common Stock                Sale           2,840                 USD 57.05

 Common Stock                Purchase       416                   USD 56.6897

 Common Stock                Purchase       11.666                USD 56.99

 Common Stock                Purchase       2                     USD 57.0669

 Common Stock                Purchase       48                    USD 57.505

 Common Stock                Purchase       320.028               USD 57.5067

 Common Stock                Purchase       490.754               USD 57.5087

 Common Stock                Purchase       25.461                USD 57.5107

 Common Stock                Purchase       8.296                 USD 57.5116

 Common Stock                Purchase       4.949                 USD 57.52

 Common Stock                Purchase       306                   USD 57.5237

 Common Stock                Purchase       12                    USD 57.53

 Common Stock                Sale           11.167                USD 57.4956

 Common Stock                Purchase       225                   USD 56.84

 Common Stock                Sale           30                    USD 57.00

 

(b)        Cash-settled derivative transactions

 

 Class of relevant security  Product description  Nature of dealing                                                              Number of reference securities  Price per unit

                             e.g. CFD             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"

 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:  31 January 2025
 Contact name:        Andrew Weiser
 Telephone number*:   516 338 3752

 

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) .

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