Form 8.3 - International Paper Company

31 October 2024, 10:04

Source - LSE Regulatory

RNS Number : 4218K

Societe Generale SA

31 October 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:	SOCIETE GENERALE SA
(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	30/10/2024
(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
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	465,072	0.13	422,989	0.12
(2) Cash-settled derivatives:	142,362	0.04	981	0.00
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	17,200	0.00	0	0.00
TOTAL:	624,634	0.18	423,970	0.12

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
common stock	Purchase	7	48.88
common stock	Purchase	93	48.88
common stock	Purchase	100	48.48
common stock	Purchase	100	48.62
common stock	Purchase	100	48.87
common stock	Purchase	100	48.96
common stock	Purchase	1	48.89
common stock	Purchase	1	48.89
common stock	Purchase	100	48.87
common stock	Purchase	100	48.88
common stock	Purchase	1	49.34
common stock	Purchase	13	49.34
common stock	Purchase	20	49.2
common stock	Purchase	25	49.3
common stock	Purchase	29	49.34
common stock	Purchase	47	49.21
common stock	Purchase	52	48.86
common stock	Purchase	53	49.21
common stock	Purchase	57	49.34
common stock	Purchase	75	49.3
common stock	Purchase	80	49.2
common stock	Purchase	100	48.51
common stock	Purchase	100	48.52
common stock	Purchase	100	48.54
common stock	Purchase	100	48.54
common stock	Purchase	100	48.55
common stock	Purchase	100	48.65
common stock	Purchase	100	48.65
common stock	Purchase	100	48.86
common stock	Purchase	100	48.92
common stock	Purchase	100	48.93
common stock	Purchase	100	48.96
common stock	Purchase	100	48.96
common stock	Purchase	100	49.29
common stock	Purchase	100	49.32
common stock	Purchase	100	49.43
common stock	Purchase	1	48.58
common stock	Purchase	2	48.56
common stock	Purchase	2	48.57
common stock	Purchase	2	48.57
common stock	Purchase	2	48.57
common stock	Purchase	2	48.58
common stock	Purchase	2	48.58
common stock	Purchase	2	48.58
common stock	Purchase	2	48.58
common stock	Purchase	2	48.59
common stock	Purchase	2	48.64
common stock	Purchase	65	49.03
common stock	Purchase	1	49.1
common stock	Purchase	13	49.03
common stock	Purchase	100	49.03
common stock	Purchase	44	49.03
common stock	Purchase	100	49.03
common stock	Purchase	100	49.03
common stock	Purchase	13	49.1
common stock	Purchase	47	48.58
common stock	Purchase	87	49.1
common stock	Purchase	100	49.13
common stock	Purchase	100	49.43
common stock	Purchase	248	49.04
common stock	Purchase	8	49.16
common stock	Purchase	1	48.04
common stock	Purchase	3	47.88
common stock	Purchase	7	47.88
common stock	Purchase	48	47.88
common stock	Purchase	11,275	49.03
common stock	Purchase	5,125	49.03
common stock	Purchase	21	49.11
common stock	Purchase	21	49.11
common stock	Sale	100	48.56
common stock	Sale	100	48.77
common stock	Sale	29	48.81
common stock	Sale	71	48.81
common stock	Sale	100	48.56
common stock	Sale	100	48.76
common stock	Sale	100	48.8
common stock	Sale	100	48.87
common stock	Sale	100	48.9
common stock	Sale	100	48.56
common stock	Sale	100	48.79
common stock	Sale	100	48.56
common stock	Sale	100	49.1
common stock	Sale	2	48.53
common stock	Sale	2	48.54
common stock	Sale	2	48.55
common stock	Sale	2	48.56
common stock	Sale	2	48.56
common stock	Sale	2	48.57
common stock	Sale	2	48.59
common stock	Sale	2	48.6
common stock	Sale	2	48.61
common stock	Sale	3	48.61
common stock	Sale	450	48.89
common stock	Sale	16,773	49.03
common stock	Sale	658	49.03
common stock	Sale	1,034	49.03
common stock	Sale	7,380	49.03
common stock	Sale	5	48.93
common stock	Sale	5	48.93
common stock	Sale	16	48.93
common stock	Sale	74	48.93
common stock	Sale	100	48.67
common stock	Sale	100	48.91
common stock	Sale	100	49.33
common stock	Sale	196	48.65
common stock	Sale	200	48.89
common stock	Sale	200	49.29
common stock	Sale	700	49.33
common stock	Sale	3	48.48
common stock	Sale	5	48.62
common stock	Sale	5	48.69
common stock	Sale	6	48.58
common stock	Sale	8	48.35
common stock	Sale	10	48.53
common stock	Sale	15	48.58
common stock	Sale	17	48.35
common stock	Sale	20	48.53
common stock	Sale	20	48.56
common stock	Sale	20	48.62
common stock	Sale	23	48.12
common stock	Sale	35	48.58
common stock	Sale	50	48.58
common stock	Sale	55	48.12
common stock	Sale	55	48.12
common stock	Sale	67	48.12
common stock	Sale	75	48.35
common stock	Sale	75	48.62
common stock	Sale	80	48.56
common stock	Sale	94	48.58
common stock	Sale	95	48.69
common stock	Sale	96	48.64
common stock	Sale	97	48.48
common stock	Sale	100	48.12
common stock	Sale	100	48.2
common stock	Sale	100	48.26
common stock	Sale	100	48.44
common stock	Sale	100	48.53
common stock	Sale	100	48.56
common stock	Sale	100	48.58
common stock	Sale	100	48.58
common stock	Sale	100	48.61
common stock	Sale	100	48.63
common stock	Sale	100	48.63
common stock	Sale	100	48.66
common stock	Sale	100	48.67
common stock	Sale	100	48.67
common stock	Sale	100	48.67
common stock	Sale	100	48.69
common stock	Sale	100	48.71
common stock	Sale	100	48.75
common stock	Sale	100	48.75
common stock	Sale	100	48.87
common stock	Sale	100	48.92
common stock	Sale	100	48.92
common stock	Sale	170	48.53
common stock	Sale	178	48.56
common stock	Sale	400	48.69
common stock	Sale	600	48.7
common stock	Sale	100	48.63
common stock	Sale	100	48.93
common stock	Sale	102	48.65
common stock	Sale	1	48.45
common stock	Sale	1	48.46
common stock	Sale	1	48.54
common stock	Sale	1	48.65
common stock	Sale	1	48.78
common stock	Sale	1	48.78
common stock	Sale	2	48.57
common stock	Sale	2	48.78
common stock	Sale	3	48.56
common stock	Sale	3	48.88
common stock	Sale	6	48.62
common stock	Sale	8	48.56
common stock	Sale	10	48.56
common stock	Sale	10	48.58
common stock	Sale	10	48.69
common stock	Sale	12	48.69
common stock	Sale	13	48.48
common stock	Sale	13	48.78
common stock	Sale	14	48.69
common stock	Sale	16	48.45
common stock	Sale	16	48.56
common stock	Sale	16	48.65
common stock	Sale	17	48.65
common stock	Sale	17	48.65
common stock	Sale	18	48.74
common stock	Sale	20	48.59
common stock	Sale	22	48.54
common stock	Sale	22	48.6
common stock	Sale	23	48.6
common stock	Sale	23	48.6
common stock	Sale	23	48.73
common stock	Sale	23	48.78
common stock	Sale	24	48.51
common stock	Sale	24	48.54
common stock	Sale	24	48.56
common stock	Sale	24	48.58
common stock	Sale	24	48.62
common stock	Sale	24	48.62
common stock	Sale	24	48.65
common stock	Sale	24	48.67
common stock	Sale	24	48.67
common stock	Sale	24	48.78
common stock	Sale	26	48.56
common stock	Sale	27	48.48
common stock	Sale	30	48.52
common stock	Sale	30	48.64
common stock	Sale	32	48.6
common stock	Sale	33	48.86
common stock	Sale	34	48.65
common stock	Sale	35	48.51
common stock	Sale	37	48.56
common stock	Sale	38	48.51
common stock	Sale	38	48.51
common stock	Sale	38	48.52
common stock	Sale	38	48.54
common stock	Sale	38	48.54
common stock	Sale	38	48.58
common stock	Sale	38	48.58
common stock	Sale	38	48.65
common stock	Sale	38	48.65
common stock	Sale	38	48.69
common stock	Sale	38	48.69
common stock	Sale	38	48.69
common stock	Sale	38	48.76
common stock	Sale	38	48.76
common stock	Sale	38	48.78
common stock	Sale	38	48.78
common stock	Sale	39	48.49
common stock	Sale	39	48.56
common stock	Sale	40	48.6
common stock	Sale	40	48.6
common stock	Sale	48	48.65
common stock	Sale	49	48.49
common stock	Sale	50	48.65
common stock	Sale	50	48.69
common stock	Sale	51	48.49
common stock	Sale	51	48.54
common stock	Sale	51	48.65
common stock	Sale	60	48.48
common stock	Sale	60	48.6
common stock	Sale	60	48.6
common stock	Sale	60	48.78
common stock	Sale	61	48.49
common stock	Sale	62	48.52
common stock	Sale	62	48.76
common stock	Sale	64	48.56
common stock	Sale	65	48.51
common stock	Sale	66	48.65
common stock	Sale	67	48.86
common stock	Sale	70	48.52
common stock	Sale	70	48.64
common stock	Sale	74	48.56
common stock	Sale	76	48.56
common stock	Sale	76	48.62
common stock	Sale	76	48.62
common stock	Sale	76	48.67
common stock	Sale	76	48.67
common stock	Sale	77	48.54
common stock	Sale	77	48.73
common stock	Sale	80	48.59
common stock	Sale	82	48.74
common stock	Sale	83	48.45
common stock	Sale	86	48.46
common stock	Sale	87	48.78
common stock	Sale	90	48.56
common stock	Sale	90	48.58
common stock	Sale	93	48.73
common stock	Sale	94	48.62
common stock	Sale	98	48.57
common stock	Sale	100	48.37
common stock	Sale	100	48.49
common stock	Sale	100	48.5
common stock	Sale	100	48.51
common stock	Sale	100	48.53
common stock	Sale	100	48.53
common stock	Sale	100	48.54
common stock	Sale	100	48.55
common stock	Sale	100	48.55
common stock	Sale	100	48.56
common stock	Sale	100	48.57
common stock	Sale	100	48.58
common stock	Sale	100	48.58
common stock	Sale	100	48.58
common stock	Sale	100	48.59
common stock	Sale	100	48.59
common stock	Sale	100	48.6
common stock	Sale	100	48.6
common stock	Sale	100	48.6
common stock	Sale	100	48.61
common stock	Sale	100	48.63
common stock	Sale	100	48.64
common stock	Sale	100	48.66
common stock	Sale	100	48.71
common stock	Sale	100	48.89
common stock	Sale	100	48.89
common stock	Sale	1	48.75
common stock	Sale	1	48.83
common stock	Sale	1	48.94
common stock	Sale	1	49
common stock	Sale	1	49.21
common stock	Sale	2	49.23
common stock	Sale	3	48.89
common stock	Sale	5	48.93
common stock	Sale	6	48.86
common stock	Sale	7	49.23
common stock	Sale	9	48.74
common stock	Sale	9	49.25
common stock	Sale	10	48.98
common stock	Sale	13	48.75
common stock	Sale	15	48.69
common stock	Sale	15	48.74
common stock	Sale	15	49.32
common stock	Sale	16	48.86
common stock	Sale	21	48.86
common stock	Sale	22	48.93
common stock	Sale	23	48.85
common stock	Sale	23	49.22
common stock	Sale	24	48.89
common stock	Sale	24	49.13
common stock	Sale	24	49.18
common stock	Sale	24	49.2
common stock	Sale	24	49.21
common stock	Sale	24	49.27
common stock	Sale	24	49.3
common stock	Sale	24	49.32
common stock	Sale	26	48.69
common stock	Sale	30	48.75
common stock	Sale	30	48.86
common stock	Sale	30	48.9
common stock	Sale	30	49.33
common stock	Sale	30	49.33
common stock	Sale	32	48.81
common stock	Sale	32	48.9
common stock	Sale	33	49.4
common stock	Sale	36	49.23
common stock	Sale	38	48.86
common stock	Sale	38	48.87
common stock	Sale	38	48.89
common stock	Sale	38	48.89
common stock	Sale	38	48.9
common stock	Sale	38	49.06
common stock	Sale	38	49.13
common stock	Sale	38	49.13
common stock	Sale	38	49.18
common stock	Sale	38	49.18
common stock	Sale	38	49.21
common stock	Sale	38	49.21
common stock	Sale	38	49.25
common stock	Sale	38	49.27
common stock	Sale	38	49.27
common stock	Sale	38	49.28
common stock	Sale	38	49.28
common stock	Sale	38	49.32
common stock	Sale	38	49.41
common stock	Sale	40	49.24
common stock	Sale	40	49.33
common stock	Sale	47	49.32
common stock	Sale	48	48.81
common stock	Sale	52	48.81
common stock	Sale	53	49.25
common stock	Sale	55	48.75
common stock	Sale	60	49.24
common stock	Sale	62	48.86
common stock	Sale	62	49.06
common stock	Sale	62	49.28
common stock	Sale	62	49.28
common stock	Sale	67	49.4
common stock	Sale	68	48.81
common stock	Sale	76	48.74
common stock	Sale	76	49.2
common stock	Sale	76	49.3
common stock	Sale	76	49.32
common stock	Sale	77	48.98
common stock	Sale	77	49.22
common stock	Sale	79	48.86
common stock	Sale	80	48.87
common stock	Sale	82	48.87
common stock	Sale	94	48.86
common stock	Sale	95	48.93
common stock	Sale	97	48.89
common stock	Sale	98	48.63
common stock	Sale	98	49
common stock	Sale	99	48.83
common stock	Sale	99	48.94
common stock	Sale	99	49.21
common stock	Sale	100	48.65
common stock	Sale	100	48.65
common stock	Sale	100	48.66
common stock	Sale	100	48.67
common stock	Sale	100	48.67
common stock	Sale	100	48.69
common stock	Sale	100	48.7
common stock	Sale	100	48.76
common stock	Sale	100	48.77
common stock	Sale	100	48.79
common stock	Sale	100	48.8
common stock	Sale	100	48.8
common stock	Sale	100	48.8
common stock	Sale	100	48.8
common stock	Sale	100	48.8
common stock	Sale	100	48.84
common stock	Sale	100	48.85
common stock	Sale	100	48.85
common stock	Sale	100	48.85
common stock	Sale	100	48.86
common stock	Sale	100	48.86
common stock	Sale	100	48.87
common stock	Sale	100	48.88
common stock	Sale	100	48.89
common stock	Sale	100	48.89
common stock	Sale	100	48.91
common stock	Sale	100	48.91
common stock	Sale	100	48.92
common stock	Sale	100	48.92
common stock	Sale	100	48.94
common stock	Sale	100	48.96
common stock	Sale	100	48.96
common stock	Sale	100	48.96
common stock	Sale	100	48.97
common stock	Sale	100	48.98
common stock	Sale	100	49
common stock	Sale	100	49.14
common stock	Sale	100	49.16
common stock	Sale	100	49.16
common stock	Sale	100	49.17
common stock	Sale	100	49.17
common stock	Sale	100	49.18
common stock	Sale	100	49.18
common stock	Sale	100	49.21
common stock	Sale	100	49.22
common stock	Sale	100	49.23
common stock	Sale	100	49.29
common stock	Sale	100	49.32
common stock	Sale	100	49.32
common stock	Sale	100	49.33
common stock	Sale	100	49.35
common stock	Sale	100	49.4
common stock	Sale	100	49.42
common stock	Sale	100	49.44
common stock	Sale	102	48.63
common stock	Sale	178	48.93
common stock	Sale	262	49.03

(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 USD
common stock	CFD	Reducing a long position	86	48.92258
common stock	CFD	Increasing a long position	21	48.57181
common stock	CFD	Reducing a short position	174	48.88698
common stock	CFD	Reducing a short position	193	48.88698
common stock	CFD	Reducing a short position	83	48.88698

(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

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

(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

Is a Supplemental Form 8 (Open Positions) attached?

YES

Date of disclosure:	31/10/2024
Contact name:	Paul Jenkins
Telephone number:	+44 20 7676 6969

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.

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:	SOCIETE GENERALE SA
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

common stock

Listed Put Option

Written

17,200

American

17/01/2025

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.

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 or visit www.rns.com.

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END

RETGZMFGGMFGDZM

Date of disclosure:

Contact name:

Telephone number:

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Form 8.3 - International Paper Company

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