Source - LSE Regulatory
RNS Number : 3311U
BNP Paribas London
22 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:

BNP Paribas 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

21/01/2025

(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

If YES, specify which:

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:

 

US4601461035 (common stock)

 

 

Interests

Short positions

 

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

3,576,471

1.0297

-2,884,409

-0.8305

(2) Cash-settled derivatives:

947,862

0.2729

-5,385,333

-1.5505

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

1,888,500

0.5437

-2,221,100

-0.6395

TOTAL:

6,412,833

1.8464

-10,490,842

-3.0205

 

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

US4601461035

Purchase

1

57.6500 USD

US4601461035

Purchase

1

57.6600 USD

US4601461035

Purchase

1

57.6600 USD

US4601461035

Purchase

1

58.1600 USD

US4601461035

Purchase

1

58.1600 USD

US4601461035

Purchase

3

57.7300 USD

US4601461035

Purchase

4

58.1600 USD

US4601461035

Purchase

4

58.2100 USD

US4601461035

Purchase

5

57.7300 USD

US4601461035

Purchase

5

58.1600 USD

US4601461035

Purchase

5

58.2100 USD

US4601461035

Purchase

6

58.2200 USD

US4601461035

Purchase

8

58.2100 USD

US4601461035

Purchase

12

57.7300 USD

US4601461035

Purchase

14

58.2000 USD

US4601461035

Purchase

16

57.6500 USD

US4601461035

Purchase

17

57.7300 USD

US4601461035

Purchase

17

58.2100 USD

US4601461035

Purchase

17

58.4800 USD

US4601461035

Purchase

19

58.2000 USD

US4601461035

Purchase

20

58.1500 USD

US4601461035

Purchase

20

58.1600 USD

US4601461035

Purchase

23

58.2000 USD

US4601461035

Purchase

24

58.2100 USD

US4601461035

Purchase

24

58.2100 USD

US4601461035

Purchase

24

58.2150 USD

US4601461035

Purchase

24

58.2200 USD

US4601461035

Purchase

30

58.2100 USD

US4601461035

Purchase

32

58.4800 USD

US4601461035

Purchase

39

57.6600 USD

US4601461035

Purchase

40

57.6600 USD

US4601461035

Purchase

40

57.6600 USD

US4601461035

Purchase

44

58.2200 USD

US4601461035

Purchase

45

58.1600 USD

US4601461035

Purchase

55

58.1600 USD

US4601461035

Purchase

56

58.2200 USD

US4601461035

Purchase

60

58.2000 USD

US4601461035

Purchase

64

58.2100 USD

US4601461035

Purchase

65

58.2200 USD

US4601461035

Purchase

75

58.1600 USD

US4601461035

Purchase

76

58.2150 USD

US4601461035

Purchase

80

58.1550 USD

US4601461035

Purchase

84

58.2000 USD

US4601461035

Purchase

100

58.1550 USD

US4601461035

Purchase

100

58.1550 USD

US4601461035

Purchase

100

58.1600 USD

US4601461035

Purchase

100

58.2000 USD

US4601461035

Purchase

100

58.2150 USD

US4601461035

Purchase

100

58.2200 USD

US4601461035

Purchase

100

58.2200 USD

US4601461035

Purchase

186

58.4800 USD

US4601461035

Purchase

3,000

57.5000 USD

US4601461035

Purchase

5,535

58.4800 USD

US4601461035

Sale

-24,800

58.1085 USD

US4601461035

Sale

-6,200

58.4800 USD

US4601461035

Sale

-3,454

58.4800 USD

US4601461035

Sale

-2,039

58.4800 USD

US4601461035

Sale

-1,787

58.4800 USD

US4601461035

Sale

-1,312

58.4800 USD

US4601461035

Sale

-800

57.5000 USD

US4601461035

Sale

-700

58.3700 USD

US4601461035

Sale

-528

57.9800 USD

US4601461035

Sale

-500

57.5000 USD

US4601461035

Sale

-444

57.5600 USD

US4601461035

Sale

-437

58.4800 USD

US4601461035

Sale

-400

57.4900 USD

US4601461035

Sale

-400

57.5600 USD

US4601461035

Sale

-400

57.5600 USD

US4601461035

Sale

-400

58.0250 USD

US4601461035

Sale

-400

58.2600 USD

US4601461035

Sale

-400

58.3700 USD

US4601461035

Sale

-400

58.3700 USD

US4601461035

Sale

-400

58.3900 USD

US4601461035

Sale

-400

58.4000 USD

US4601461035

Sale

-388

58.4800 USD

US4601461035

Sale

-375

58.2800 USD

US4601461035

Sale

-372

58.3700 USD

US4601461035

Sale

-331

58.4800 USD

US4601461035

Sale

-323

58.3900 USD

US4601461035

Sale

-300

57.5000 USD

US4601461035

Sale

-300

58.0250 USD

US4601461035

Sale

-300

58.2800 USD

US4601461035

Sale

-300

58.2800 USD

US4601461035

Sale

-300

58.3700 USD

US4601461035

Sale

-299

58.2800 USD

US4601461035

Sale

-240

58.4800 USD

US4601461035

Sale

-230

58.3700 USD

US4601461035

Sale

-200

57.4600 USD

US4601461035

Sale

-200

57.4600 USD

US4601461035

Sale

-200

57.4600 USD

US4601461035

Sale

-200

57.4800 USD

US4601461035

Sale

-200

57.4900 USD

US4601461035

Sale

-200

57.5000 USD

US4601461035

Sale

-200

57.5200 USD

US4601461035

Sale

-200

57.5200 USD

US4601461035

Sale

-200

57.5400 USD

US4601461035

Sale

-200

57.5600 USD

US4601461035

Sale

-200

57.5600 USD

US4601461035

Sale

-200

58.2700 USD

US4601461035

Sale

-200

58.2700 USD

US4601461035

Sale

-200

58.2700 USD

US4601461035

Sale

-200

58.2700 USD

US4601461035

Sale

-200

58.2700 USD

US4601461035

Sale

-200

58.2800 USD

US4601461035

Sale

-200

58.2800 USD

US4601461035

Sale

-200

58.3100 USD

US4601461035

Sale

-200

58.3300 USD

US4601461035

Sale

-200

58.3400 USD

US4601461035

Sale

-200

58.3400 USD

US4601461035

Sale

-200

58.3700 USD

US4601461035

Sale

-200

58.3800 USD

US4601461035

Sale

-200

58.3900 USD

US4601461035

Sale

-200

58.4000 USD

US4601461035

Sale

-198

57.4600 USD

US4601461035

Sale

-197

57.5100 USD

US4601461035

Sale

-194

58.3500 USD

US4601461035

Sale

-191

57.4600 USD

US4601461035

Sale

-179

57.4500 USD

US4601461035

Sale

-177

57.4600 USD

US4601461035

Sale

-176

58.3000 USD

US4601461035

Sale

-173

58.4800 USD

US4601461035

Sale

-172

57.4500 USD

US4601461035

Sale

-172

58.3100 USD

US4601461035

Sale

-170

57.9950 USD

US4601461035

Sale

-160

57.4900 USD

US4601461035

Sale

-156

58.3500 USD

US4601461035

Sale

-154

57.5300 USD

US4601461035

Sale

-150

58.3300 USD

US4601461035

Sale

-147

57.4700 USD

US4601461035

Sale

-147

57.5800 USD

US4601461035

Sale

-141

58.3600 USD

US4601461035

Sale

-134

58.3300 USD

US4601461035

Sale

-130

57.4500 USD

US4601461035

Sale

-128

58.3900 USD

US4601461035

Sale

-127

57.4600 USD

US4601461035

Sale

-123

58.3400 USD

US4601461035

Sale

-114

58.1750 USD

US4601461035

Sale

-112

58.3300 USD

US4601461035

Sale

-109

57.4700 USD

US4601461035

Sale

-102

57.9950 USD

US4601461035

Sale

-101

58.3100 USD

US4601461035

Sale

-100

57.4500 USD

US4601461035

Sale

-100

57.4500 USD

US4601461035

Sale

-100

57.4500 USD

US4601461035

Sale

-100

57.4500 USD

US4601461035

Sale

-100

57.4500 USD

US4601461035

Sale

-100

57.4500 USD

US4601461035

Sale

-100

57.4500 USD

US4601461035

Sale

-100

57.4500 USD

US4601461035

Sale

-100

57.4500 USD

US4601461035

Sale

-100

57.4600 USD

US4601461035

Sale

-100

57.4600 USD

US4601461035

Sale

-100

57.4600 USD

US4601461035

Sale

-100

57.4600 USD

US4601461035

Sale

-100

57.4600 USD

US4601461035

Sale

-100

57.4600 USD

US4601461035

Sale

-100

57.4600 USD

US4601461035

Sale

-100

57.4600 USD

US4601461035

Sale

-100

57.4600 USD

US4601461035

Sale

-100

57.4600 USD

US4601461035

Sale

-100

57.4700 USD

US4601461035

Sale

-100

57.4700 USD

US4601461035

Sale

-100

57.4750 USD

US4601461035

Sale

-100

57.4750 USD

US4601461035

Sale

-100

57.4750 USD

US4601461035

Sale

-100

57.4750 USD

US4601461035

Sale

-100

57.4750 USD

US4601461035

Sale

-100

57.4750 USD

US4601461035

Sale

-100

57.4750 USD

US4601461035

Sale

-100

57.4800 USD

US4601461035

Sale

-100

57.4800 USD

US4601461035

Sale

-100

57.4800 USD

US4601461035

Sale

-100

57.4800 USD

US4601461035

Sale

-100

57.4800 USD

US4601461035

Sale

-100

57.4800 USD

US4601461035

Sale

-100

57.4800 USD

US4601461035

Sale

-100

57.4800 USD

US4601461035

Sale

-100

57.4850 USD

US4601461035

Sale

-100

57.4850 USD

US4601461035

Sale

-100

57.4850 USD

US4601461035

Sale

-100

57.4850 USD

US4601461035

Sale

-100

57.4850 USD

US4601461035

Sale

-100

57.4900 USD

US4601461035

Sale

-100

57.4900 USD

US4601461035

Sale

-100

57.4900 USD

US4601461035

Sale

-100

57.4900 USD

US4601461035

Sale

-100

57.4900 USD

US4601461035

Sale

-100

57.4900 USD

US4601461035

Sale

-100

57.4900 USD

US4601461035

Sale

-100

57.4900 USD

US4601461035

Sale

-100

57.4950 USD

US4601461035

Sale

-100

57.5000 USD

US4601461035

Sale

-100

57.5000 USD

US4601461035

Sale

-100

57.5000 USD

US4601461035

Sale

-100

57.5000 USD

US4601461035

Sale

-100

57.5000 USD

US4601461035

Sale

-100

57.5000 USD

US4601461035

Sale

-100

57.5000 USD

US4601461035

Sale

-100

57.5000 USD

US4601461035

Sale

-100

57.5100 USD

US4601461035

Sale

-100

57.5100 USD

US4601461035

Sale

-100

57.5100 USD

US4601461035

Sale

-100

57.5100 USD

US4601461035

Sale

-100

57.5100 USD

US4601461035

Sale

-100

57.5100 USD

US4601461035

Sale

-100

57.5100 USD

US4601461035

Sale

-100

57.5100 USD

US4601461035

Sale

-100

57.5100 USD

US4601461035

Sale

-100

57.5100 USD

US4601461035

Sale

-100

57.5200 USD

US4601461035

Sale

-100

57.5200 USD

US4601461035

Sale

-100

57.5200 USD

US4601461035

Sale

-100

57.5200 USD

US4601461035

Sale

-100

57.5300 USD

US4601461035

Sale

-100

57.5300 USD

US4601461035

Sale

-100

57.5300 USD

US4601461035

Sale

-100

57.5300 USD

US4601461035

Sale

-100

57.5300 USD

US4601461035

Sale

-100

57.5350 USD

US4601461035

Sale

-100

57.5350 USD

US4601461035

Sale

-100

57.5350 USD

US4601461035

Sale

-100

57.5400 USD

US4601461035

Sale

-100

57.5400 USD

US4601461035

Sale

-100

57.5400 USD

US4601461035

Sale

-100

57.5400 USD

US4601461035

Sale

-100

57.5400 USD

US4601461035

Sale

-100

57.5400 USD

US4601461035

Sale

-100

57.5400 USD

US4601461035

Sale

-100

57.5400 USD

US4601461035

Sale

-100

57.5400 USD

US4601461035

Sale

-100

57.5450 USD

US4601461035

Sale

-100

57.5450 USD

US4601461035

Sale

-100

57.5450 USD

US4601461035

Sale

-100

57.5450 USD

US4601461035

Sale

-100

57.5500 USD

US4601461035

Sale

-100

57.5500 USD

US4601461035

Sale

-100

57.5500 USD

US4601461035

Sale

-100

57.5500 USD

US4601461035

Sale

-100

57.5500 USD

US4601461035

Sale

-100

57.5500 USD

US4601461035

Sale

-100

57.5500 USD

US4601461035

Sale

-100

57.5500 USD

US4601461035

Sale

-100

57.5500 USD

US4601461035

Sale

-100

57.5550 USD

US4601461035

Sale

-100

57.5550 USD

US4601461035

Sale

-100

57.5550 USD

US4601461035

Sale

-100

57.5550 USD

US4601461035

Sale

-100

57.5550 USD

US4601461035

Sale

-100

57.5550 USD

US4601461035

Sale

-100

57.5550 USD

US4601461035

Sale

-100

57.5550 USD

US4601461035

Sale

-100

57.5550 USD

US4601461035

Sale

-100

57.5550 USD

US4601461035

Sale

-100

57.5550 USD

US4601461035

Sale

-100

57.5550 USD

US4601461035

Sale

-100

57.5600 USD

US4601461035

Sale

-100

57.5600 USD

US4601461035

Sale

-100

57.5600 USD

US4601461035

Sale

-100

57.5600 USD

US4601461035

Sale

-100

57.5600 USD

US4601461035

Sale

-100

57.5600 USD

US4601461035

Sale

-100

57.5600 USD

US4601461035

Sale

-100

57.5600 USD

US4601461035

Sale

-100

57.5600 USD

US4601461035

Sale

-100

57.5600 USD

US4601461035

Sale

-100

57.5650 USD

US4601461035

Sale

-100

57.5650 USD

US4601461035

Sale

-100

57.5650 USD

US4601461035

Sale

-100

57.5650 USD

US4601461035

Sale

-100

57.5700 USD

US4601461035

Sale

-100

57.5700 USD

US4601461035

Sale

-100

57.5700 USD

US4601461035

Sale

-100

57.5700 USD

US4601461035

Sale

-100

57.9850 USD

US4601461035

Sale

-100

57.9950 USD

US4601461035

Sale

-100

57.9950 USD

US4601461035

Sale

-100

57.9950 USD

US4601461035

Sale

-100

58.0100 USD

US4601461035

Sale

-100

58.0100 USD

US4601461035

Sale

-100

58.0100 USD

US4601461035

Sale

-100

58.0100 USD

US4601461035

Sale

-100

58.0150 USD

US4601461035

Sale

-100

58.0200 USD

US4601461035

Sale

-100

58.0200 USD

US4601461035

Sale

-100

58.0250 USD

US4601461035

Sale

-100

58.0350 USD

US4601461035

Sale

-100

58.0350 USD

US4601461035

Sale

-100

58.0400 USD

US4601461035

Sale

-100

58.0400 USD

US4601461035

Sale

-100

58.0500 USD

US4601461035

Sale

-100

58.0500 USD

US4601461035

Sale

-100

58.0500 USD

US4601461035

Sale

-100

58.0500 USD

US4601461035

Sale

-100

58.0500 USD

US4601461035

Sale

-100

58.0500 USD

US4601461035

Sale

-100

58.0500 USD

US4601461035

Sale

-100

58.0500 USD

US4601461035

Sale

-100

58.0500 USD

US4601461035

Sale

-100

58.0550 USD

US4601461035

Sale

-100

58.0550 USD

US4601461035

Sale

-100

58.0550 USD

US4601461035

Sale

-100

58.0550 USD

US4601461035

Sale

-100

58.0550 USD

US4601461035

Sale

-100

58.0600 USD

US4601461035

Sale

-100

58.0600 USD

US4601461035

Sale

-100

58.0600 USD

US4601461035

Sale

-100

58.0600 USD

US4601461035

Sale

-100

58.0600 USD

US4601461035

Sale

-100

58.0600 USD

US4601461035

Sale

-100

58.0600 USD

US4601461035

Sale

-100

58.0600 USD

US4601461035

Sale

-100

58.0650 USD

US4601461035

Sale

-100

58.0700 USD

US4601461035

Sale

-100

58.0700 USD

US4601461035

Sale

-100

58.0700 USD

US4601461035

Sale

-100

58.0700 USD

US4601461035

Sale

-100

58.0700 USD

US4601461035

Sale

-100

58.0700 USD

US4601461035

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-100

58.0800 USD

US4601461035

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-100

58.0800 USD

US4601461035

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-100

58.0800 USD

US4601461035

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-100

58.0800 USD

US4601461035

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-100

58.0900 USD

US4601461035

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-100

58.1100 USD

US4601461035

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-100

58.1100 USD

US4601461035

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-100

58.1100 USD

US4601461035

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-100

58.1200 USD

US4601461035

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-100

58.1200 USD

US4601461035

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-100

58.1200 USD

US4601461035

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-100

58.1200 USD

US4601461035

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-100

58.1200 USD

US4601461035

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-100

58.1200 USD

US4601461035

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-100

58.1200 USD

US4601461035

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-100

58.1200 USD

US4601461035

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-100

58.1300 USD

US4601461035

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-100

58.1400 USD

US4601461035

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-100

58.1400 USD

US4601461035

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-100

58.1400 USD

US4601461035

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-100

58.1400 USD

US4601461035

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-100

58.1400 USD

US4601461035

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-100

58.1400 USD

US4601461035

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-100

58.1400 USD

US4601461035

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-100

58.1500 USD

US4601461035

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-100

58.1500 USD

US4601461035

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-100

58.1500 USD

US4601461035

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-100

58.1500 USD

US4601461035

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-100

58.1600 USD

US4601461035

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-100

58.1600 USD

US4601461035

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-100

58.1600 USD

US4601461035

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-100

58.1700 USD

US4601461035

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-100

58.1700 USD

US4601461035

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-100

58.1700 USD

US4601461035

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-100

58.1700 USD

US4601461035

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-100

58.1700 USD

US4601461035

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-100

58.1700 USD

US4601461035

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-100

58.1800 USD

US4601461035

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-100

58.1800 USD

US4601461035

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-100

58.1800 USD

US4601461035

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-100

58.1800 USD

US4601461035

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-100

58.1900 USD

US4601461035

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-100

58.1900 USD

US4601461035

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-100

58.1900 USD

US4601461035

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-100

58.1900 USD

US4601461035

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-100

58.1900 USD

US4601461035

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-100

58.1900 USD

US4601461035

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-100

58.2000 USD

US4601461035

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-100

58.2000 USD

US4601461035

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-100

58.2000 USD

US4601461035

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-100

58.2000 USD

US4601461035

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-100

58.2000 USD

US4601461035

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-100

58.2100 USD

US4601461035

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-100

58.2100 USD

US4601461035

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-100

58.2200 USD

US4601461035

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-100

58.2200 USD

US4601461035

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-100

58.2200 USD

US4601461035

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-100

58.2300 USD

US4601461035

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-100

58.2300 USD

US4601461035

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-100

58.2300 USD

US4601461035

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-100

58.2400 USD

US4601461035

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-100

58.2400 USD

US4601461035

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-100

58.2400 USD

US4601461035

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-100

58.2500 USD

US4601461035

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-100

58.2500 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2600 USD

US4601461035

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-100

58.2700 USD

US4601461035

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-100

58.2700 USD

US4601461035

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-100

58.2700 USD

US4601461035

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-100

58.2700 USD

US4601461035

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-100

58.2700 USD

US4601461035

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-100

58.2700 USD

US4601461035

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-100

58.2700 USD

US4601461035

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-100

58.2700 USD

US4601461035

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-100

58.2700 USD

US4601461035

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-100

58.2700 USD

US4601461035

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-100

58.2700 USD

US4601461035

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-100

58.2700 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2800 USD

US4601461035

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-100

58.2900 USD

US4601461035

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-100

58.2900 USD

US4601461035

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-100

58.2900 USD

US4601461035

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-100

58.2900 USD

US4601461035

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-100

58.2900 USD

US4601461035

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-100

58.2900 USD

US4601461035

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-100

58.3000 USD

US4601461035

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-100

58.3100 USD

US4601461035

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-100

58.3100 USD

US4601461035

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-100

58.3100 USD

US4601461035

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-100

58.3100 USD

US4601461035

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-100

58.3100 USD

US4601461035

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-100

58.3100 USD

US4601461035

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-100

58.3100 USD

US4601461035

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-100

58.3100 USD

US4601461035

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-100

58.3100 USD

US4601461035

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-100

58.3100 USD

US4601461035

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-100

58.3100 USD

US4601461035

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-100

58.3200 USD

US4601461035

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-100

58.3200 USD

US4601461035

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-100

58.3300 USD

US4601461035

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-100

58.3300 USD

US4601461035

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-100

58.3300 USD

US4601461035

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-100

58.3300 USD

US4601461035

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-100

58.3300 USD

US4601461035

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-100

58.3300 USD

US4601461035

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-100

58.3300 USD

US4601461035

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-100

58.3300 USD

US4601461035

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-100

58.3300 USD

US4601461035

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-100

58.3300 USD

US4601461035

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-100

58.3300 USD

US4601461035

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-100

58.3300 USD

US4601461035

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-100

58.3400 USD

US4601461035

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-100

58.3400 USD

US4601461035

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-100

58.3400 USD

US4601461035

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-100

58.3400 USD

US4601461035

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-100

58.3400 USD

US4601461035

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-100

58.3400 USD

US4601461035

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-100

58.3400 USD

US4601461035

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-100

58.3400 USD

US4601461035

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-100

58.3500 USD

US4601461035

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-100

58.3500 USD

US4601461035

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-100

58.3500 USD

US4601461035

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-100

58.3500 USD

US4601461035

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-100

58.3500 USD

US4601461035

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-100

58.3500 USD

US4601461035

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-100

58.3600 USD

US4601461035

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-100

58.3600 USD

US4601461035

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-100

58.3650 USD

US4601461035

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-100

58.3700 USD

US4601461035

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-100

58.3700 USD

US4601461035

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-100

58.3700 USD

US4601461035

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-100

58.3700 USD

US4601461035

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-100

58.3700 USD

US4601461035

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-100

58.3800 USD

US4601461035

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-100

58.3800 USD

US4601461035

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-100

58.3800 USD

US4601461035

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-100

58.3800 USD

US4601461035

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-100

58.3900 USD

US4601461035

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-100

58.3900 USD

US4601461035

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-100

58.3900 USD

US4601461035

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-100

58.3900 USD

US4601461035

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-100

58.3900 USD

US4601461035

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-100

58.3900 USD

US4601461035

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-100

58.3900 USD

US4601461035

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-100

58.3900 USD

US4601461035

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-100

58.3900 USD

US4601461035

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-100

58.3900 USD

US4601461035

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-100

58.3900 USD

US4601461035

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-100

58.4000 USD

US4601461035

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-100

58.4000 USD

US4601461035

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-100

58.4000 USD

US4601461035

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-100

58.4000 USD

US4601461035

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-100

58.4000 USD

US4601461035

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-100

58.4000 USD

US4601461035

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-100

58.4000 USD

US4601461035

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-100

58.4000 USD

US4601461035

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-100

58.4000 USD

US4601461035

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-100

58.4000 USD

US4601461035

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-100

58.4000 USD

US4601461035

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-100

58.4000 USD

US4601461035

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-100

58.4000 USD

US4601461035

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-100

58.4000 USD

US4601461035

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-100

58.4000 USD

US4601461035

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-100

58.4300 USD

US4601461035

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-100

58.4300 USD

US4601461035

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-100

58.4300 USD

US4601461035

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-100

58.4300 USD

US4601461035

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-100

58.4300 USD

US4601461035

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-100

58.4300 USD

US4601461035

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-99

57.4750 USD

US4601461035

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-99

57.5150 USD

US4601461035

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-99

57.5175 USD

US4601461035

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-99

58.2300 USD

US4601461035

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-97

57.5600 USD

US4601461035

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-95

57.5500 USD

US4601461035

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-94

57.9700 USD

US4601461035

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-94

58.4800 USD

US4601461035

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-91

57.4500 USD

US4601461035

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-90

57.4900 USD

US4601461035

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-89

57.5400 USD

US4601461035

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-89

58.3100 USD

US4601461035

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-86

57.4500 USD

US4601461035

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-86

58.1700 USD

US4601461035

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-81

57.4500 USD

US4601461035

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-81

58.1700 USD

US4601461035

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-80

57.4500 USD

US4601461035

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-80

58.4800 USD

US4601461035

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-78

58.0200 USD

US4601461035

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-75

57.4700 USD

US4601461035

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-75

57.4800 USD

US4601461035

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-75

57.4800 USD

US4601461035

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-75

57.4800 USD

US4601461035

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-75

57.4800 USD

US4601461035

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-75

57.5600 USD

US4601461035

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-75

58.0700 USD

US4601461035

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-75

58.1300 USD

US4601461035

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-74

57.4600 USD

US4601461035

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-74

57.5300 USD

US4601461035

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-73

57.4600 USD

US4601461035

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-73

58.1400 USD

US4601461035

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-71

57.4600 USD

US4601461035

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-70

57.4500 USD

US4601461035

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-69

57.5500 USD

US4601461035

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-69

58.0500 USD

US4601461035

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-65

57.4500 USD

US4601461035

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-65

57.4600 USD

US4601461035

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-65

57.4850 USD

US4601461035

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-65

57.4900 USD

US4601461035

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-62

58.2000 USD

US4601461035

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-61

57.5400 USD

US4601461035

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-61

57.5400 USD

US4601461035

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-61

57.5400 USD

US4601461035

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-60

57.4700 USD

US4601461035

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-60

57.4900 USD

US4601461035

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-59

57.5200 USD

US4601461035

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-56

57.5700 USD

US4601461035

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-55

58.1800 USD

US4601461035

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-54

57.5000 USD

US4601461035

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-54

57.9600 USD

US4601461035

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-54

57.9900 USD

US4601461035

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-53

57.5100 USD

US4601461035

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-53

57.5100 USD

US4601461035

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-52

58.1950 USD

US4601461035

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-51

57.5300 USD

US4601461035

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-51

57.5300 USD

US4601461035

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-50

58.0700 USD

US4601461035

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58.0700 USD

US4601461035

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-50

58.2750 USD

US4601461035

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-50

58.2750 USD

US4601461035

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-49

57.5300 USD

US4601461035

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-49

57.5600 USD

US4601461035

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-49

58.4100 USD

US4601461035

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-48

58.0700 USD

US4601461035

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-47

57.5100 USD

US4601461035

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-47

57.5100 USD

US4601461035

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-46

57.5000 USD

US4601461035

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-46

57.9600 USD

US4601461035

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-45

57.4700 USD

US4601461035

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-44

58.4800 USD

US4601461035

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-44

58.4800 USD

US4601461035

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-44

58.4800 USD

US4601461035

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-44

58.4800 USD

US4601461035

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-44

58.4800 USD

US4601461035

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-44

58.4800 USD

US4601461035

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-43

58.0700 USD

US4601461035

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-42

57.5400 USD

US4601461035

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-41

57.5100 USD

US4601461035

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-41

57.5500 USD

US4601461035

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-40

57.4700 USD

US4601461035

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-40

57.4900 USD

US4601461035

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-39

57.5300 USD

US4601461035

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-39

57.5400 USD

US4601461035

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-39

57.5400 USD

US4601461035

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-39

57.5600 USD

US4601461035

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-37

57.5400 USD

US4601461035

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-36

57.4600 USD

US4601461035

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-36

58.2000 USD

US4601461035

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-36

58.3073 USD

US4601461035

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-36

58.3364 USD

US4601461035

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-35

57.4500 USD

US4601461035

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-35

57.4800 USD

US4601461035

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-35

57.4850 USD

US4601461035

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-34

57.5400 USD

US4601461035

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-34

57.5500 USD

US4601461035

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-34

58.2858 USD

US4601461035

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-32

58.3474 USD

US4601461035

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-31

57.5500 USD

US4601461035

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-31

58.0500 USD

US4601461035

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-30

57.4600 USD

US4601461035

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-29

57.4600 USD

US4601461035

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-28

57.4500 USD

US4601461035

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-28

58.2763 USD

US4601461035

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-28

58.4800 USD

US4601461035

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-27

58.1400 USD

US4601461035

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-25

57.4700 USD

US4601461035

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-25

57.4800 USD

US4601461035

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-25

57.4800 USD

US4601461035

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-25

57.4800 USD

US4601461035

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-25

57.5600 USD

US4601461035

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-25

58.0200 USD

US4601461035

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-25

58.0700 USD

US4601461035

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-25

58.0700 USD

US4601461035

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-25

58.1300 USD

US4601461035

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-25

58.3619 USD

US4601461035

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-23

57.4800 USD

US4601461035

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-23

58.2748 USD

US4601461035

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-22

58.4800 USD

US4601461035

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-21

58.4800 USD

US4601461035

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-20

57.4500 USD

US4601461035

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-20

57.4700 USD

US4601461035

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-20

57.4700 USD

US4601461035

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-20

57.5300 USD

US4601461035

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-20

57.5400 USD

US4601461035

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-20

57.5500 USD

US4601461035

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-20

58.2797 USD

US4601461035

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-20

58.3391 USD

US4601461035

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-19

57.4500 USD

US4601461035

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-19

58.1600 USD

US4601461035

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-19

58.1900 USD

US4601461035

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-19

58.2000 USD

US4601461035

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-19

58.2000 USD

US4601461035

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-17

57.4600 USD

US4601461035

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-17

58.1600 USD

US4601461035

Sale

-17

58.1900 USD

US4601461035

Sale

-17

58.2843 USD

US4601461035

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-16

57.4600 USD

US4601461035

Sale

-16

58.1900 USD

US4601461035

Sale

-16

58.3292 USD

US4601461035

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-15

57.4600 USD

US4601461035

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-15

58.2942 USD

US4601461035

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-15

58.3077 USD

US4601461035

Sale

-15

58.3321 USD

US4601461035

Sale

-15

58.4800 USD

US4601461035

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-14

57.4500 USD

US4601461035

Sale

-14

58.1700 USD

US4601461035

Sale

-14

58.2554 USD

US4601461035

Sale

-14

58.2572 USD

US4601461035

Sale

-14

58.2617 USD

US4601461035

Sale

-14

58.2800 USD

US4601461035

Sale

-14

58.3069 USD

US4601461035

Sale

-14

58.3171 USD

US4601461035

Sale

-14

58.3207 USD

US4601461035

Sale

-14

58.3290 USD

US4601461035

Sale

-13

58.2554 USD

US4601461035

Sale

-13

58.2675 USD

US4601461035

Sale

-13

58.2968 USD

US4601461035

Sale

-13

58.3175 USD

US4601461035

Sale

-12

58.2601 USD

US4601461035

Sale

-12

58.3316 USD

US4601461035

Sale

-11

57.5500 USD

US4601461035

Sale

-11

58.1900 USD

US4601461035

Sale

-11

58.3100 USD

US4601461035

Sale

-11

58.3148 USD

US4601461035

Sale

-11

58.3356 USD

US4601461035

Sale

-11

58.3410 USD

US4601461035

Sale

-11

58.3418 USD

US4601461035

Sale

-11

58.3465 USD

US4601461035

Sale

-11

58.3497 USD

US4601461035

Sale

-10

58.1900 USD

US4601461035

Sale

-10

58.1900 USD

US4601461035

Sale

-10

58.3339 USD

US4601461035

Sale

-10

58.3380 USD

US4601461035

Sale

-10

58.3423 USD

US4601461035

Sale

-10

58.3427 USD

US4601461035

Sale

-10

58.3427 USD

US4601461035

Sale

-10

58.3432 USD

US4601461035

Sale

-10

58.3462 USD

US4601461035

Sale

-10

58.3486 USD

US4601461035

Sale

-10

58.3522 USD

US4601461035

Sale

-10

58.3562 USD

US4601461035

Sale

-10

58.3577 USD

US4601461035

Sale

-9

57.4600 USD

US4601461035

Sale

-9

57.4600 USD

US4601461035

Sale

-9

58.1800 USD

US4601461035

Sale

-9

58.1900 USD

US4601461035

Sale

-9

58.3305 USD

US4601461035

Sale

-9

58.3305 USD

US4601461035

Sale

-9

58.3406 USD

US4601461035

Sale

-9

58.3544 USD

US4601461035

Sale

-8

57.4700 USD

US4601461035

Sale

-8

58.1900 USD

US4601461035

Sale

-8

58.3309 USD

US4601461035

Sale

-8

58.3321 USD

US4601461035

Sale

-8

58.3330 USD

US4601461035

Sale

-7

57.4600 USD

US4601461035

Sale

-7

58.3329 USD

US4601461035

Sale

-6

57.9750 USD

US4601461035

Sale

-6

58.3150 USD

US4601461035

Sale

-5

57.5400 USD

US4601461035

Sale

-5

57.5500 USD

US4601461035

Sale

-5

58.1700 USD

US4601461035

Sale

-4

57.5300 USD

US4601461035

Sale

-4

57.9950 USD

US4601461035

Sale

-4

58.0350 USD

US4601461035

Sale

-4

58.3152 USD

US4601461035

Sale

-4

58.3156 USD

US4601461035

Sale

-3

57.4600 USD

US4601461035

Sale

-3

57.5100 USD

US4601461035

Sale

-3

57.5450 USD

US4601461035

Sale

-3

57.5500 USD

US4601461035

Sale

-3

57.5600 USD

US4601461035

Sale

-2

57.4600 USD

US4601461035

Sale

-2

57.4800 USD

US4601461035

Sale

-2

58.0550 USD

US4601461035

Sale

-1

57.4600 USD

US4601461035

Sale

-1

57.4600 USD

US4601461035

Sale

-1

57.5150 USD

US4601461035

Sale

-1

57.5300 USD

US4601461035

Sale

-1

57.5300 USD

US4601461035

Sale

-1

57.5300 USD

US4601461035

Sale

-1

57.5400 USD

US4601461035

Sale

-1

57.5600 USD

US4601461035

Sale

-1

58.0250 USD

US4601461035

Sale

-1

58.0350 USD

US4601461035

Sale

-1

58.2200 USD

US4601461035

Sale

-1

58.4800 USD

 

(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

US4601461035

Contract for Difference

Opening Long Position

1,787

58.4800

US4601461035

Contract for Difference

Reducing Short Position

21,800

58.4800 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

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

 

 

(c)        Attachments

 

Is a Supplemental Form 8 (Open Positions) attached?

Yes

 

 

Date of disclosure:

22/01/2025

Contact name:

Compliance Control Room

Telephone number*:

0207 595 9695

 

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.

 

 

 

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:

 

BNP Paribas 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

Type

e.g.

American,

European

etc.

Expiry

date

common stock (US4601461035)

Call Option

W

-89300

58.48

american

20/06/2025

common stock (US4601461035)

Put Option

W

333400

58.48

european

14/10/2025

common stock (US4601461035)

Call Option

W

-83700

58.48

american

20/06/2025

common stock (US4601461035)

Call Option

W

-76800

58.48

american

17/04/2025

common stock (US4601461035)

Call Option

W

-63400

58.48

american

20/06/2025

common stock (US4601461035)

Call Option

W

-50000

58.48

american

17/04/2025

common stock (US4601461035)

Call Option

W

-50000

58.48

american

19/09/2025

common stock (US4601461035)

Call Option

W

-49700

58.48

american

17/10/2025

common stock (US4601461035)

Call Option

W

-25000

58.48

american

17/10/2025

common stock (US4601461035)

Call Option

W

-8800

58.48

american

20/06/2025

common stock (US4601461035)

Call Option

W

-4900

58.48

american

19/09/2025

common stock (US4601461035)

Call Option

W

-1200

58.48

american

16/01/2026

common stock (US4601461035)

Put Option

W

2600

58.48

american

17/04/2025

common stock (US4601461035)

Put Option

W

10300

58.48

american

20/06/2025

common stock (US4601461035)

Put Option

W

24500

58.48

american

19/09/2025

common stock (US4601461035)

Put Option

W

26900

58.48

american

17/10/2025

common stock (US4601461035)

Put Option

W

30000

58.48

american

17/04/2025

common stock (US4601461035)

Put Option

W

50000

58.48

american

20/06/2025

common stock (US4601461035)

Put Option

W

75000

58.48

american

17/04/2025

common stock (US4601461035)

Put Option

W

85400

58.48

american

19/09/2025

common stock (US4601461035)

Put Option

W

128800

58.48

american

20/06/2025

common stock (US4601461035)

Put Option

W

200000

58.48

american

16/01/2026

common stock (US4601461035)

Put Option

W

255000

58.48

american

16/01/2026

common stock (US4601461035)

Call Option

W

-543500

58.48

european

14/10/2025

common stock (US4601461035)

Call Option

W

-543300

58.48

european

13/10/2025

common stock (US4601461035)

Call Option

W

-543300

58.48

european

15/10/2025

common stock (US4601461035)

Put Option

W

333300

58.48

european

13/10/2025

common stock (US4601461035)

Put Option

W

333300

58.48

european

15/10/2025

common stock (US4601461035)

Call Option

W

-88200

58.48

american

19/09/2025

 

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


 

 

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END
 
 
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