Form 8.3 - International Paper Company

In this article:

LONDON, April 26, 2024--(BUSINESS WIRE)--

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:

Millennium International Management LP

(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

25th April 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 (US4601461035)

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

783,459

0.226%

1,992,631

0.574%

(2) Cash-settled derivatives:

-

-

337,099

0.097%

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

302,400

0.087%

279,500

0.080%

TOTAL:

1,085,859

0.313%

2,609,230

0.751%

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)

US4601461035

Sale

669

33.47

US4601461035

Sale

2,675

33.48

US4601461035

Sale

607

33.50

US4601461035

Sale

1,411

33.67

US4601461035

Sale

3

33.70

US4601461035

Sale

593

33.56

US4601461035

Sale

14

33.65

US4601461035

Sale

61

33.54

US4601461035

Sale

1,048

33.46

US4601461035

Sale

9

33.57

US4601461035

Sale

73

33.58

US4601461035

Sale

617

33.61

US4601461035

Sale

3

33.75

US4601461035

Purchase

12,498

33.52

US4601461035

Sale

179

33.52

US4601461035

Sale

6

34.02

US4601461035

Sale

6

33.24

US4601461035

Sale

133

33.49

US4601461035

Sale

5

33.55

US4601461035

Sale

34

33.41

US4601461035

Sale

235

33.73

US4601461035

Sale

650

33.36

US4601461035

Sale

43

33.72

US4601461035

Sale

4

33.80

US4601461035

Sale

101

33.45

US4601461035

Sale

4

33.97

US4601461035

Sale

3

33.51

US4601461035

Sale

1,311

33.37

US4601461035

Sale

7

33.92

US4601461035

Sale

6

33.40

US4601461035

Sale

370

33.81

US4601461035

Sale

17

33.42

US4601461035

Sale

2

33.26

US4601461035

Sale

1,105

33.82

US4601461035

Sale

2

33.90

US4601461035

Sale

488

33.66

US4601461035

Sale

4

34.05

US4601461035

Sale

3,018

33.60

US4601461035

Sale

488

33.47

US4601461035

Sale

4,603

33.59

US4601461035

Purchase

2

33.94

US4601461035

Sale

90

33.94

US4601461035

Sale

1,978

34.00

US4601461035

Sale

789

33.93

US4601461035

Purchase

202

33.95

US4601461035

Sale

41

33.95

US4601461035

Sale

953

33.48

US4601461035

Purchase

1,826

33.50

US4601461035

Sale

3,841

33.50

US4601461035

Purchase

3

33.39

US4601461035

Sale

370

33.39

US4601461035

Sale

1,192

33.67

US4601461035

Purchase

14

33.70

US4601461035

Sale

2,230

33.70

US4601461035

Sale

2,918

33.56

US4601461035

Sale

3,381

33.65

US4601461035

Sale

507

33.68

US4601461035

Purchase

3

33.63

US4601461035

Sale

1,735

33.63

US4601461035

Sale

1,327

33.85

US4601461035

Purchase

300

33.83

US4601461035

Sale

38

33.83

US4601461035

Sale

994

33.64

US4601461035

Sale

3,061

33.54

US4601461035

Purchase

5,139

33.38

US4601461035

Sale

2,456

33.38

US4601461035

Purchase

212

33.46

US4601461035

Sale

646

33.46

US4601461035

Purchase

50

33.57

US4601461035

Sale

1,888

33.57

US4601461035

Purchase

2

33.58

US4601461035

Sale

3,225

33.58

US4601461035

Purchase

418

33.62

US4601461035

Sale

1,578

33.62

US4601461035

Purchase

100

33.74

US4601461035

Sale

1,314

33.74

US4601461035

Sale

130

33.31

US4601461035

Sale

1,801

33.61

US4601461035

Purchase

400

33.75

US4601461035

Sale

412

33.75

US4601461035

Purchase

3,495

33.52

US4601461035

Sale

1,481

33.52

US4601461035

Purchase

5,925

33.43

US4601461035

Sale

4,178

33.43

US4601461035

Sale

200

33.91

US4601461035

Sale

129

34.02

US4601461035

Purchase

6,668

33.69

US4601461035

Sale

1,949

33.69

US4601461035

Sale

28

33.24

US4601461035

Purchase

1,195

33.49

US4601461035

Sale

1,104

33.49

US4601461035

Sale

306

33.29

US4601461035

Sale

270

33.44

US4601461035

Sale

2,322

33.55

US4601461035

Purchase

100

33.41

US4601461035

Sale

209

33.41

US4601461035

Purchase

100

33.96

US4601461035

Sale

116

33.96

US4601461035

Sale

668

33.73

US4601461035

Purchase

35

33.84

US4601461035

Sale

2,613

33.84

US4601461035

Purchase

1,600

33.36

US4601461035

Sale

375

33.71

US4601461035

Purchase

500

33.72

US4601461035

Sale

627

33.72

US4601461035

Sale

850

33.80

US4601461035

Purchase

300

33.45

US4601461035

Sale

658

33.45

US4601461035

Sale

584

33.34

US4601461035

Purchase

10

33.77

US4601461035

Sale

1,329

33.77

US4601461035

Sale

507

33.88

US4601461035

Sale

66

33.28

US4601461035

Purchase

100

33.97

US4601461035

Sale

1,042

33.97

US4601461035

Purchase

700

33.79

US4601461035

Sale

1,125

33.79

US4601461035

Sale

2,076

33.30

US4601461035

Purchase

609

33.51

US4601461035

Sale

2,795

33.51

US4601461035

Purchase

1

33.37

US4601461035

Purchase

237

33.53

US4601461035

Sale

2,129

33.53

US4601461035

Purchase

5

33.92

US4601461035

Sale

182

33.92

US4601461035

Sale

281

33.40

US4601461035

Sale

779

33.81

US4601461035

Sale

134

33.35

US4601461035

Sale

2,742

33.42

US4601461035

Sale

90

33.26

US4601461035

Sale

90

33.86

US4601461035

Purchase

1

33.27

US4601461035

Sale

300

33.98

US4601461035

Purchase

4

33.87

US4601461035

Sale

39

33.87

US4601461035

Purchase

15

33.78

US4601461035

Sale

832

33.78

US4601461035

Sale

816

33.33

US4601461035

Sale

2,253

33.76

US4601461035

Purchase

2

33.82

US4601461035

Sale

100

33.82

US4601461035

Sale

4,223

33.90

US4601461035

Purchase

10

34.03

US4601461035

Sale

475

33.66

US4601461035

Purchase

1

33.32

US4601461035

Sale

213

33.32

US4601461035

Sale

165

33.01

US4601461035

Sale

10

33.13

US4601461035

Sale

20

33.04

US4601461035

Purchase

4

34.24

US4601461035

Sale

4

33.99

US4601461035

Purchase

12,676

33.52

US4601461035

Sale

12,498

33.52

US4601461035

Sale

1,063

33.49

US4601461035

Sale

2

34.03

US4601461035

Purchase

10

33.60

US4601461035

Sale

719

33.60

US4601461035

Sale

1,111

33.47

US4601461035

Purchase

10

33.59

US4601461035

Sale

100

33.59

US4601461035

Purchase

300

33.99

US4601461035

Sale

100

33.93

US4601461035

Sale

400

33.95

US4601461035

Sale

610

33.48

US4601461035

Sale

358

33.50

US4601461035

Sale

247

33.39

US4601461035

Sale

1,918

33.70

US4601461035

Purchase

42

33.56

US4601461035

Sale

2,332

33.65

US4601461035

Sale

1,772

33.68

US4601461035

Purchase

10

33.85

US4601461035

Sale

400

33.85

US4601461035

Purchase

486

33.83

US4601461035

Sale

1,565

33.64

US4601461035

Sale

249

33.46

US4601461035

Sale

16

33.57

US4601461035

Purchase

9

33.58

US4601461035

Sale

500

33.58

US4601461035

Sale

1,202

33.61

US4601461035

Sale

190

34.04

US4601461035

Purchase

18

33.75

US4601461035

Sale

500

33.75

US4601461035

Sale

3,180

33.52

US4601461035

Sale

740

33.43

US4601461035

Purchase

395

34.02

US4601461035

Sale

2,884

33.49

US4601461035

Sale

109

33.29

US4601461035

Sale

1,882

33.44

US4601461035

Sale

200

33.55

US4601461035

Sale

3,493

33.41

US4601461035

Sale

179

33.89

US4601461035

Sale

622

33.96

US4601461035

Purchase

121

33.84

US4601461035

Sale

209

33.36

US4601461035

Purchase

233

34.06

US4601461035

Sale

930

33.71

US4601461035

Sale

300

33.72

US4601461035

Purchase

12

33.45

US4601461035

Sale

4,521

33.45

US4601461035

Sale

188

33.34

US4601461035

Sale

100

33.88

US4601461035

Purchase

584

33.97

US4601461035

Sale

141

33.30

US4601461035

Sale

481

33.51

US4601461035

Sale

725

33.37

US4601461035

Sale

211

33.53

US4601461035

Purchase

100

33.92

US4601461035

Sale

676

33.40

US4601461035

Sale

100

33.81

US4601461035

Sale

1,329

33.35

US4601461035

Sale

81

33.42

US4601461035

Purchase

89

33.87

US4601461035

Sale

500

33.78

US4601461035

Purchase

100

34.10

US4601461035

Purchase

200

34.08

US4601461035

Purchase

68

33.76

US4601461035

Purchase

100

33.90

US4601461035

Sale

33

33.90

US4601461035

Sale

1,468

33.66

US4601461035

Sale

100

34.11

US4601461035

Purchase

100

34.12

US4601461035

Purchase

200

34.15

US4601461035

Purchase

200

34.13

US4601461035

Purchase

167

34.05

US4601461035

Purchase

1

34.24

US4601461035

Purchase

200

33.60

US4601461035

Purchase

380

33.47

US4601461035

Sale

38

33.47

US4601461035

Purchase

176

33.59

US4601461035

Sale

30

33.59

US4601461035

Purchase

23,054

33.94

US4601461035

Purchase

3,450

33.99

US4601461035

Purchase

29,375

34.00

US4601461035

Sale

131

34.00

US4601461035

Purchase

6,347

33.93

US4601461035

Sale

27

33.93

US4601461035

Purchase

6,528

33.95

US4601461035

Purchase

1,124

33.48

US4601461035

Purchase

663

33.50

US4601461035

Purchase

2,602

34.07

US4601461035

Sale

200

33.39

US4601461035

Purchase

1,500

33.67

US4601461035

Sale

42

33.67

US4601461035

Purchase

811

33.70

US4601461035

Purchase

457

33.56

US4601461035

Sale

29

33.56

US4601461035

Purchase

906

33.65

US4601461035

Purchase

710

33.68

US4601461035

Purchase

160

33.63

US4601461035

Purchase

453

33.85

US4601461035

Sale

500

33.85

US4601461035

Purchase

1,844

33.83

US4601461035

Sale

13

33.83

US4601461035

Purchase

52

33.64

US4601461035

Purchase

1,687

33.54

US4601461035

Purchase

84

33.38

US4601461035

Sale

176

33.38

US4601461035

Purchase

1,216

33.46

US4601461035

Sale

1

33.46

US4601461035

Purchase

400

33.57

US4601461035

Purchase

309

33.58

US4601461035

Purchase

939

33.62

US4601461035

Sale

28

33.62

US4601461035

Sale

20

33.74

US4601461035

Sale

293

33.31

US4601461035

Purchase

26

33.61

US4601461035

Purchase

325

34.04

US4601461035

Purchase

3,145

33.75

US4601461035

Purchase

34,471

33.52

US4601461035

Sale

19,012

33.52

US4601461035

Purchase

1,050

33.43

US4601461035

Purchase

1,085

33.91

US4601461035

Sale

100

33.91

US4601461035

Purchase

600

34.09

US4601461035

Purchase

13,259

34.02

US4601461035

Sale

18

33.69

US4601461035

Purchase

932

33.49

US4601461035

Purchase

400

33.29

US4601461035

Sale

193

33.29

US4601461035

Purchase

488

33.44

US4601461035

Sale

1

33.44

US4601461035

Purchase

296

33.55

US4601461035

Purchase

2,226

33.41

US4601461035

Sale

103

33.41

US4601461035

Purchase

5,597

33.89

US4601461035

Sale

239

33.89

US4601461035

Purchase

20,457

33.96

US4601461035

Sale

96

33.96

US4601461035

Purchase

1,039

33.73

US4601461035

Sale

62

33.73

US4601461035

Purchase

408

33.84

US4601461035

Sale

18

33.84

US4601461035

Purchase

33

33.36

US4601461035

Sale

1,157

33.36

US4601461035

Purchase

2,273

34.06

US4601461035

Purchase

241

33.72

US4601461035

Sale

1

33.72

US4601461035

Purchase

766

33.80

US4601461035

Sale

19

33.80

US4601461035

Purchase

16,395

33.45

US4601461035

Purchase

58

33.34

US4601461035

Sale

67

33.34

US4601461035

Purchase

100

33.77

US4601461035

Purchase

535

33.88

US4601461035

Sale

9

33.88

US4601461035

Sale

3

33.28

US4601461035

Purchase

5,844

33.97

US4601461035

Sale

100

33.97

US4601461035

Purchase

1,561

33.79

US4601461035

Sale

73

33.79

US4601461035

Purchase

10

33.30

US4601461035

Sale

71

33.30

US4601461035

Purchase

1,004

33.51

US4601461035

Purchase

1,057

33.37

US4601461035

Purchase

2,854

33.53

US4601461035

Sale

61

33.53

US4601461035

Purchase

1,388

33.92

US4601461035

Purchase

293

33.40

US4601461035

Purchase

14,792

33.81

US4601461035

Purchase

320

33.35

US4601461035

Sale

300

33.35

US4601461035

Purchase

23

33.42

US4601461035

Sale

71

33.26

US4601461035

Purchase

339

33.86

US4601461035

Purchase

9,064

33.98

US4601461035

Purchase

2,948

34.01

US4601461035

Sale

100

34.01

US4601461035

Purchase

912

33.87

US4601461035

Purchase

4,092

33.78

US4601461035

Purchase

1,042

34.10

US4601461035

Sale

22

33.25

US4601461035

Purchase

833

34.08

US4601461035

Purchase

801

33.33

US4601461035

Sale

128

33.33

US4601461035

Sale

100

33.23

US4601461035

Purchase

27,496

33.76

US4601461035

Purchase

1,418

33.82

US4601461035

Purchase

8,250

33.90

US4601461035

Purchase

2,202

34.03

US4601461035

Purchase

5,300

33.66

US4601461035

Purchase

512

34.14

US4601461035

Purchase

511

34.11

US4601461035

Purchase

5,395

34.12

US4601461035

Purchase

1,116

34.05

US4601461035

Purchase

684

33.32

US4601461035

Sale

660

33.32

US4601461035

Purchase

200

34.16

US4601461035

Sale

204

34.16

US4601461035

Purchase

700

34.18

US4601461035

Purchase

188

34.17

US4601461035

Purchase

100

33.22

US4601461035

Purchase

35

33.60

US4601461035

Purchase

400

33.47

US4601461035

Sale

598

33.47

US4601461035

Purchase

100

33.59

US4601461035

Sale

3,400

33.59

US4601461035

Sale

100

33.99

US4601461035

Sale

5,995

34.00

US4601461035

Sale

3,234

33.93

US4601461035

Sale

9,702

33.95

US4601461035

Sale

283

33.48

US4601461035

Purchase

7,702

33.50

US4601461035

Sale

773

33.50

US4601461035

Sale

2,011

34.07

US4601461035

Purchase

3,200

33.39

US4601461035

Sale

5,494

33.39

US4601461035

Sale

754

33.67

US4601461035

Sale

5,585

33.70

US4601461035

Purchase

400

33.56

US4601461035

Sale

4,507

33.56

US4601461035

Sale

2,300

33.65

US4601461035

Sale

1,503

33.68

US4601461035

Purchase

11

33.63

US4601461035

Sale

800

33.63

US4601461035

Sale

481

33.85

US4601461035

Sale

1,434

33.83

US4601461035

Sale

892

33.64

US4601461035

Purchase

100

33.54

US4601461035

Sale

23,100

33.54

US4601461035

Purchase

1,400

33.38

US4601461035

Sale

1,090

33.38

US4601461035

Purchase

900

33.46

US4601461035

Sale

8

33.46

US4601461035

Purchase

500

33.57

US4601461035

Sale

3,128

33.57

US4601461035

Purchase

173

33.58

US4601461035

Sale

50

33.58

US4601461035

Purchase

9

33.62

US4601461035

Sale

4,149

33.62

US4601461035

Sale

10,899

33.74

US4601461035

Purchase

58

33.31

US4601461035

Sale

100

33.31

US4601461035

Purchase

27

33.61

US4601461035

Sale

250

33.61

US4601461035

Sale

285

34.04

US4601461035

Sale

863

33.75

US4601461035

Purchase

300

33.52

US4601461035

Sale

4,384

33.52

US4601461035

Purchase

4,801

33.43

US4601461035

Sale

1,634

33.43

US4601461035

Sale

2,256

33.91

US4601461035

Sale

1,800

34.02

US4601461035

Purchase

6

33.69

US4601461035

Sale

24,827

33.69

US4601461035

Sale

5,121

33.24

US4601461035

Purchase

66

33.49

US4601461035

Sale

600

33.49

US4601461035

Purchase

209

33.29

US4601461035

Sale

300

33.29

US4601461035

Purchase

400

33.44

US4601461035

Sale

1,294

33.44

US4601461035

Purchase

1,927

33.55

US4601461035

Sale

140

33.55

US4601461035

Purchase

4

33.41

US4601461035

Sale

181

33.41

US4601461035

Purchase

115

33.89

US4601461035

Sale

4,347

33.89

US4601461035

Purchase

63

33.96

US4601461035

Sale

26,192

33.96

US4601461035

Purchase

1,126

33.73

US4601461035

Sale

1,516

33.73

US4601461035

Sale

487

33.84

US4601461035

Purchase

1,474

33.36

US4601461035

Sale

2,447

33.36

US4601461035

Sale

725

34.06

US4601461035

Sale

1,800

33.71

US4601461035

Sale

2,225

33.72

US4601461035

Sale

16,618

33.80

US4601461035

Sale

10,426

33.45

US4601461035

Sale

1,288

33.34

US4601461035

Sale

301

33.77

US4601461035

Sale

58,341

33.88

US4601461035

Sale

416

33.28

US4601461035

Sale

8,877

33.97

US4601461035

Purchase

100

33.79

US4601461035

Sale

6,436

33.79

US4601461035

Sale

550

33.30

US4601461035

Sale

738

33.51

US4601461035

Purchase

4,951

33.37

US4601461035

Sale

537

33.37

US4601461035

Purchase

422

33.53

US4601461035

Sale

2,300

33.53

US4601461035

Sale

3,967

33.92

US4601461035

Sale

1,013

33.40

US4601461035

Purchase

4

33.81

US4601461035

Sale

3,550

33.81

US4601461035

Sale

20

33.35

US4601461035

Sale

5,358

33.42

US4601461035

Sale

2,902

33.26

US4601461035

Sale

115,316

33.86

US4601461035

Purchase

200

33.27

US4601461035

Sale

612

33.27

US4601461035

Purchase

100

33.98

US4601461035

Sale

1,417

33.98

US4601461035

Sale

4,466

34.01

US4601461035

Sale

32,308

33.87

US4601461035

Purchase

231

34.10

US4601461035

Sale

100

34.10

US4601461035

Sale

6,494

33.25

US4601461035

Sale

12,298

34.08

US4601461035

Sale

800

33.23

US4601461035

Sale

791

33.76

US4601461035

Purchase

2

33.82

US4601461035

Sale

10,046

33.82

US4601461035

Purchase

100

33.90

US4601461035

Sale

822

33.90

US4601461035

Sale

913

34.03

US4601461035

Sale

5,705

33.66

US4601461035

Sale

100

34.14

US4601461035

Purchase

100

34.11

US4601461035

Sale

1,146

34.11

US4601461035

Sale

200

34.12

US4601461035

Sale

101

33.00

US4601461035

Sale

18

34.15

US4601461035

Sale

200

34.13

US4601461035

Sale

1,242

33.32

US4601461035

Sale

2

33.02

US4601461035

Sale

512

33.22

US4601461035

Purchase

1,848

33.48

US4601461035

Purchase

2,389

33.50

US4601461035

Purchase

200

33.39

US4601461035

Purchase

105

33.31

US4601461035

Purchase

88

33.52

US4601461035

Purchase

100

33.44

US4601461035

Purchase

300

33.36

US4601461035

Purchase

15

33.45

US4601461035

Purchase

2,899

33.34

US4601461035

Purchase

100

33.28

US4601461035

Purchase

420

33.37

US4601461035

Purchase

300

33.35

US4601461035

Purchase

116

33.52

US4601461035

Sale

30

33.52

US4601461035

Purchase

2,226

33.60

US4601461035

Purchase

280

33.59

US4601461035

Sale

648

33.59

US4601461035

Sale

1,296

33.99

US4601461035

Sale

1,010

34.00

US4601461035

Purchase

1,205

33.48

US4601461035

Purchase

3,154

33.39

US4601461035

Purchase

6,034

33.62

US4601461035

Purchase

2,318

33.75

US4601461035

Purchase

19,876

33.52

US4601461035

Sale

80

33.52

US4601461035

Purchase

1,440

33.43

US4601461035

Purchase

216

33.41

US4601461035

Purchase

7,880

33.96

US4601461035

Purchase

3,468

33.80

US4601461035

Sale

5,971

33.87

US4601461035

Sale

1,310

33.76

US4601461035

Purchase

516

33.82

US4601461035

Sale

360

33.90

(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

Equity Swap

Increasing a short position

89,950

27.35 GBP

US4601461035

Equity Swap

Reducing a short position

59

33.81 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

(USD)

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

(USD)

(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?

NO

Date of disclosure:

26th April 2024

Contact name:

Stephen Glasper

Telephone number:

+44 203 398 2166

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. 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:

Millennium International Management LP

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

US4601461035

Call Option

Purchased

100

35.00

American

1/17/2025

US4601461035

Call Option

Purchased

300

40.00

American

1/17/2025

US4601461035

Put Option

Purchased

800

32.50

American

1/17/2025

US4601461035

Call Option

Purchased

800

35.00

American

6/21/2024

US4601461035

Call Option

Purchased

250,000

40.00

American

10/18/2024

US4601461035

Call Option

Written

250,000

45.00

American

10/18/2024

US4601461035

Put Option

Purchased

1,200

45.00

American

7/19/2024

US4601461035

Put Option

Purchased

27,000

45.00

American

7/19/2024

US4601461035

Call Option

Purchased

25,000

45.00

American

5/17/2025

US4601461035

Put Option

Purchased

26,700

45.00

American

5/17/2025

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240426241833/en/

Contacts

Millennium Partners, L.P.

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