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REG - Goldman Sachs AM LP International Paper - Form 8.3 - International Paper Company

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RNS Number : 8885V  Goldman Sachs Asset Management LP  04 February 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:                                                      (GS) GOLDMAN SACHS ASSET MANAGEMENT, 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      SMITH (DS) PLC
 and specify identity of offeror/offeree:
 (e) Date position held/dealing undertaken:                                       03 February 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 - disclosed previously for 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:                     3,538,726.2723*  1.01   0         0.00
 (2) Cash-settled derivatives:                                        0                0.00   0         0.00
 (3) Stock-settled derivatives (including options) and agreements to  0                0.00   0         0.00
 purchase/sell:
                                                                      3,538,726.2723*  1.01   0         0.00

      TOTAL:

* (GS) GOLDMAN SACHS ASSET MANAGEMENT, L.P. resulting position includes
changes resulting from non-trade related activity.

 

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       5                     55.4340 USD
 common stock                Purchase       5                     55.4340 USD
 common stock                Purchase       5                     55.4900 USD
 common stock                Purchase       5                     55.4980 USD
 common stock                Purchase       10                    55.5050 USD
 common stock                Purchase       10                    55.5100 USD
 common stock                Purchase       5                     55.5100 USD
 common stock                Purchase       20                    55.5100 USD
 common stock                Purchase       15                    55.5100 USD
 common stock                Purchase       5                     55.5100 USD
 common stock                Purchase       10                    55.5200 USD
 common stock                Purchase       5                     55.5200 USD
 common stock                Purchase       5                     55.5200 USD
 common stock                Purchase       5                     55.5200 USD
 common stock                Purchase       5                     55.5200 USD
 common stock                Purchase       5                     55.7000 USD
 common stock                Purchase       5                     55.7240 USD
 common stock                Purchase       10                    55.7250 USD
 common stock                Purchase       10                    55.7250 USD
 common stock                Purchase       10                    55.7400 USD
 common stock                Purchase       5                     55.8300 USD
 common stock                Purchase       20                    55.8300 USD
 common stock                Purchase       15                    55.8300 USD
 common stock                Purchase       5                     55.8300 USD
 common stock                Purchase       45                    55.8300 USD
 common stock                Purchase       20                    55.8300 USD
 common stock                Purchase       20                    55.8300 USD
 common stock                Purchase       10                    55.8300 USD
 common stock                Purchase       10                    55.8300 USD
 common stock                Purchase       20                    55.8300 USD
 common stock                Purchase       5                     55.8300 USD
 common stock                Purchase       5                     55.8300 USD
 common stock                Purchase       10                    55.8300 USD
 common stock                Purchase       5                     55.8300 USD
 common stock                Purchase       15                    55.8300 USD
 common stock                Purchase       5                     55.8300 USD
 common stock                Purchase       5                     55.8300 USD
 common stock                Purchase       45                    55.8300 USD
 common stock                Purchase       10                    55.8300 USD
 common stock                Purchase       20                    55.8300 USD
 common stock                Purchase       5                     55.8780 USD
 common stock                Sale           5                     55.4900 USD
 common stock                Sale           10                    55.5000 USD
 common stock                Sale           5                     55.5040 USD
 common stock                Sale           5                     55.5040 USD
 common stock                Sale           5                     55.5040 USD
 common stock                Sale           5                     55.5040 USD
 common stock                Sale           5                     55.5040 USD
 common stock                Sale           5                     55.5040 USD
 common stock                Sale           5                     55.5040 USD
 common stock                Sale           15                    55.5047 USD
 common stock                Sale           15                    55.5047 USD
 common stock                Sale           195                   55.5050 USD
 common stock                Sale           30                    55.5050 USD
 common stock                Sale           10                    55.5050 USD
 common stock                Sale           20                    55.5050 USD
 common stock                Sale           10                    55.5050 USD
 common stock                Sale           40                    55.5050 USD
 common stock                Sale           20                    55.5050 USD
 common stock                Sale           10                    55.5050 USD
 common stock                Sale           10                    55.5050 USD
 common stock                Sale           10                    55.5050 USD
 common stock                Sale           5                     55.5240 USD
 common stock                Sale           5                     55.6200 USD
 common stock                Sale           4                     55.6200 USD
 common stock                Sale           10                    55.6200 USD
 common stock                Sale           5                     55.6200 USD
 common stock                Sale           5                     55.6200 USD
 common stock                Sale           10                    55.6200 USD
 common stock                Sale           5                     55.6200 USD
 common stock                Sale           15                    55.6400 USD
 common stock                Sale           3                     55.6500 USD
 common stock                Sale           4                     55.6500 USD
 common stock                Sale           5                     55.6860 USD
 common stock                Sale           5                     55.6940 USD
 common stock                Sale           5                     55.6940 USD
 common stock                Sale           5                     55.6940 USD
 common stock                Sale           5                     55.6940 USD
 common stock                Sale           5                     55.6940 USD
 common stock                Sale           20                    55.6950 USD
 common stock                Sale           23                    55.7400 USD
 common stock                Sale           5                     55.7400 USD
 common stock                Sale           5                     55.7400 USD
 common stock                Sale           5                     55.7400 USD
 common stock                Sale           9                     55.7900 USD
 common stock                Sale           5                     55.8300 USD
 common stock                Sale           160                   55.8300 USD
 common stock                Sale           15                    55.8300 USD
 common stock                Sale           10                    55.8300 USD
 common stock                Sale           15                    55.8300 USD
 common stock                Sale           155                   55.8300 USD
 common stock                Sale           10                    55.8300 USD
 common stock                Sale           780                   55.8300 USD
 common stock                Sale           120                   55.8300 USD
 common stock                Sale           5                     55.8300 USD
 common stock                Sale           5                     55.8300 USD
 common stock                Sale           105                   55.8300 USD

 

 

 

(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:  04 February 2025
 Contact name:        Papa Lette and Andrzej Szyszka
 Telephone number*:   +33(1) 4212 1459 / +48(22) 317 4817

 

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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