REG-Millennium Partners, L.P. Form 8.3 - International Paper Company
24/06/2024 17:15
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240624:nBwbfn9xRa&default-theme=true
Form 8.3 - International Paper Company
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 International Paper Company
relates:
Use a separate form for each offeror/offeree
(d) If an exempt fund manager connected with an offeror/offeree, state this
and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: 21(st )June 2024
For an opening position disclosure, state the latest practicable date prior to
the disclosure
(f) In addition to the company in 1(c) above, is the discloser making Yes, Smith (DS) plc
disclosures in respect of any other party to the offer?
If it is a cash offer or possible cash offer, state “N/A”
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one
class of relevant securities of the offeror or offeree named in 1(c), copy
table 2(a) or (b) (as appropriate) for each additional class of relevant
security.
(a) Interests and short positions in the relevant securities of the offeror or
offeree to which the disclosure relates following the dealing (if any)
Class of relevant security: Common Stock (US4601461035)
Interests Short positions
Number % Number %
(1) Relevant securities owned and/or controlled: 2,814,378 0.810% 2,055,829 0.592%
(2) Cash-settled derivatives: 328 0.000% 479,926 0.138%
(3) Stock-settled derivatives (including options) and agreements to 322,200 0.093% 2,000 0.001%
purchase/sell:
TOTAL: 3,136,906 0.903% 2,537,755 0.731%
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 320 46.27
US4601461035 Sale 2,625 46.02
US4601461035 Sale 400 46.06
US4601461035 Purchase 4 46.08
US4601461035 Sale 27 46.08
US4601461035 Purchase 316 45.97
US4601461035 Sale 680 46.22
US4601461035 Purchase 160 45.85
US4601461035 Sale 200 45.99
US4601461035 Sale 1 46.01
US4601461035 Sale 160 46.34
US4601461035 Sale 6 46.27
US4601461035 Sale 6 46.11
US4601461035 Sale 4 46.02
US4601461035 Purchase 25 46.08
US4601461035 Sale 1 46.08
US4601461035 Sale 8 46.04
US4601461035 Sale 966 46.11
US4601461035 Sale 101 46.10
US4601461035 Sale 1,229 46.02
US4601461035 Sale 49 46.06
US4601461035 Purchase 101,441 46.08
US4601461035 Sale 6,831 46.08
US4601461035 Sale 78 45.76
US4601461035 Sale 276 46.09
US4601461035 Sale 200 45.85
US4601461035 Sale 13 46.15
US4601461035 Sale 547 46.03
US4601461035 Sale 16 46.19
US4601461035 Sale 104 46.04
US4601461035 Sale 364 46.00
US4601461035 Sale 15 46.44
US4601461035 Sale 100 45.92
US4601461035 Sale 27 45.98
US4601461035 Sale 1 46.20
US4601461035 Sale 365 46.10
US4601461035 Sale 4,587 46.02
US4601461035 Sale 1,065 46.05
US4601461035 Sale 129 46.25
US4601461035 Sale 14 46.06
US4601461035 Purchase 186,871 46.08
US4601461035 Sale 74 46.08
US4601461035 Sale 200 45.97
US4601461035 Sale 1 45.80
US4601461035 Sale 100 46.22
US4601461035 Sale 419 46.09
US4601461035 Sale 18 45.96
US4601461035 Sale 17 45.99
US4601461035 Sale 1,986 46.01
US4601461035 Sale 7,809 46.03
US4601461035 Sale 119 46.07
US4601461035 Sale 1,550 46.04
US4601461035 Sale 59 46.12
US4601461035 Sale 1,413 46.00
US4601461035 Sale 100 46.40
US4601461035 Sale 100 45.94
US4601461035 Sale 20 46.17
US4601461035 Sale 900 45.98
US4601461035 Sale 100 45.77
US4601461035 Sale 110 45.91
US4601461035 Sale 4,098 46.13
US4601461035 Sale 300 46.11
US4601461035 Sale 1,315 46.10
US4601461035 Sale 11,894 46.02
US4601461035 Sale 3,213 46.05
US4601461035 Purchase 2,578 46.25
US4601461035 Sale 2,763 46.06
US4601461035 Sale 4,413 46.18
US4601461035 Sale 21,287 46.08
US4601461035 Sale 46 45.76
US4601461035 Sale 10 45.80
US4601461035 Sale 600 46.09
US4601461035 Sale 200 45.96
US4601461035 Sale 200 45.84
US4601461035 Sale 11 46.15
US4601461035 Sale 704 46.30
US4601461035 Sale 501 46.26
US4601461035 Sale 10,774 46.01
US4601461035 Sale 4,864 46.03
US4601461035 Sale 1,923 46.19
US4601461035 Sale 220 46.07
US4601461035 Sale 8,406 46.04
US4601461035 Sale 5,249 46.00
US4601461035 Sale 476 45.78
US4601461035 Sale 109 46.14
US4601461035 Sale 100 46.41
US4601461035 Sale 3,485 46.17
US4601461035 Sale 100 45.98
US4601461035 Sale 3 46.21
US4601461035 Sale 11 45.67
US4601461035 Sale 46 46.20
US4601461035 Sale 4 46.11
US4601461035 Purchase 2 46.10
US4601461035 Sale 220 46.10
US4601461035 Purchase 1,270 46.02
US4601461035 Sale 219 46.02
US4601461035 Purchase 13,820 46.05
US4601461035 Sale 409 46.05
US4601461035 Purchase 862 46.25
US4601461035 Sale 636 46.25
US4601461035 Purchase 1,111 46.06
US4601461035 Sale 6 46.06
US4601461035 Purchase 154 46.18
US4601461035 Purchase 32,974 46.08
US4601461035 Sale 557 46.08
US4601461035 Purchase 42 45.97
US4601461035 Sale 280 45.97
US4601461035 Purchase 81 45.76
US4601461035 Sale 50 45.76
US4601461035 Sale 14 45.66
US4601461035 Purchase 12 45.80
US4601461035 Sale 96 45.80
US4601461035 Sale 72 46.22
US4601461035 Purchase 34 46.09
US4601461035 Sale 111 46.09
US4601461035 Purchase 336 45.96
US4601461035 Purchase 212 45.84
US4601461035 Sale 3 45.84
US4601461035 Purchase 12 46.16
US4601461035 Sale 131 46.16
US4601461035 Sale 6 46.29
US4601461035 Purchase 1,219 45.99
US4601461035 Sale 158 45.99
US4601461035 Purchase 100 45.81
US4601461035 Purchase 13 45.74
US4601461035 Purchase 6 45.89
US4601461035 Purchase 188 45.90
US4601461035 Sale 200 45.90
US4601461035 Purchase 1,104 46.01
US4601461035 Sale 386 46.01
US4601461035 Purchase 2,829 46.03
US4601461035 Sale 994 46.03
US4601461035 Purchase 15 45.93
US4601461035 Purchase 721 46.07
US4601461035 Sale 47 46.07
US4601461035 Purchase 519 45.95
US4601461035 Sale 611 45.95
US4601461035 Purchase 2 45.79
US4601461035 Sale 23 45.79
US4601461035 Purchase 30 45.86
US4601461035 Purchase 339 46.04
US4601461035 Sale 89 46.04
US4601461035 Purchase 327 46.12
US4601461035 Sale 223 46.12
US4601461035 Purchase 150 46.00
US4601461035 Sale 100 46.00
US4601461035 Purchase 281 45.82
US4601461035 Purchase 761 45.73
US4601461035 Purchase 72 45.75
US4601461035 Sale 318 45.78
US4601461035 Sale 2 46.40
US4601461035 Purchase 46 46.14
US4601461035 Sale 24 46.14
US4601461035 Purchase 19 45.94
US4601461035 Sale 212 46.32
US4601461035 Purchase 77 45.71
US4601461035 Purchase 123 46.17
US4601461035 Sale 20 46.38
US4601461035 Sale 144 46.36
US4601461035 Sale 70 46.35
US4601461035 Sale 1 46.43
US4601461035 Purchase 133 45.98
US4601461035 Sale 175 45.98
US4601461035 Purchase 32 45.83
US4601461035 Purchase 21 45.88
US4601461035 Sale 700 45.88
US4601461035 Purchase 197 45.77
US4601461035 Sale 7 45.77
US4601461035 Purchase 28 45.69
US4601461035 Purchase 25 45.63
US4601461035 Sale 30 46.21
US4601461035 Purchase 477 45.91
US4601461035 Sale 251 45.91
US4601461035 Purchase 5 45.87
US4601461035 Sale 171 45.87
US4601461035 Sale 40 46.37
US4601461035 Purchase 19 46.27
US4601461035 Purchase 1 46.20
US4601461035 Purchase 25 46.13
US4601461035 Purchase 294 46.10
US4601461035 Purchase 53 46.02
US4601461035 Sale 11 46.02
US4601461035 Purchase 100 46.05
US4601461035 Purchase 1,495 46.25
US4601461035 Sale 1,523 46.25
US4601461035 Purchase 100 46.06
US4601461035 Purchase 400 46.18
US4601461035 Purchase 9,810 46.08
US4601461035 Sale 515,451 46.08
US4601461035 Purchase 44 45.80
US4601461035 Sale 6 45.80
US4601461035 Purchase 44 45.84
US4601461035 Purchase 1,700 46.15
US4601461035 Purchase 214 46.16
US4601461035 Purchase 6 46.29
US4601461035 Sale 200 46.29
US4601461035 Sale 801 45.99
US4601461035 Purchase 56 45.81
US4601461035 Sale 62 45.74
US4601461035 Sale 184 45.90
US4601461035 Purchase 269 46.01
US4601461035 Purchase 33 46.03
US4601461035 Purchase 300 46.19
US4601461035 Sale 46 46.19
US4601461035 Purchase 23 46.07
US4601461035 Purchase 23 45.79
US4601461035 Sale 16 45.86
US4601461035 Purchase 118 46.04
US4601461035 Purchase 15 46.00
US4601461035 Sale 9 46.00
US4601461035 Sale 238 45.82
US4601461035 Sale 644 45.73
US4601461035 Purchase 13 45.75
US4601461035 Purchase 29 45.78
US4601461035 Purchase 4 46.40
US4601461035 Purchase 2 46.14
US4601461035 Purchase 5 46.32
US4601461035 Purchase 6 46.31
US4601461035 Purchase 8 46.41
US4601461035 Purchase 450 46.17
US4601461035 Sale 114 46.17
US4601461035 Purchase 4 46.35
US4601461035 Purchase 15 45.92
US4601461035 Sale 58 45.92
US4601461035 Purchase 200 45.83
US4601461035 Sale 195 45.77
US4601461035 Purchase 167 46.21
US4601461035 Sale 550 45.91
US4601461035 Purchase 95 45.87
US4601461035 Purchase 6,000 46.09
US4601461035 Purchase 10,000 45.88
US4601461035 Sale 447 46.05
US4601461035 Sale 128 46.06
US4601461035 Sale 13,608 46.08
US4601461035 Sale 89 45.97
US4601461035 Sale 69 45.96
US4601461035 Sale 454 46.01
US4601461035 Sale 829 46.03
US4601461035 Sale 104 45.95
US4601461035 Sale 443 46.04
US4601461035 Sale 447 46.00
US4601461035 Sale 285 45.71
US4601461035 Sale 253 45.98
US4601461035 Sale 180 45.77
US4601461035 Purchase 2,678 46.08
US4601461035 Sale 2,678 46.08
US4601461035 Purchase 515,451 46.08
(b) Cash-settled derivative transactions
Class of relevant security Product description Nature of dealing Number of reference securities Price per unit
e.g. CFD
e.g. opening/closing a long/short position, increasing/reducing a long/short
(GBP)
position
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type Expiry date Option money paid/ received per unit
(USD)
e.g. American, European etc.
(ii) Exercise
Class of relevant security Product description Exercising/ exercised against Number of securities Exercise price per unit
e.g. call option
(USD)
US4601461035 Call Option Exercised 304,800 42.50
(d) Other dealings (including subscribing for new securities)
Class of relevant security Nature of dealing Details Price per unit (if applicable)
e.g. subscription, conversion
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or
understanding, formal or informal, relating to relevant securities which may
be an inducement to deal or refrain from dealing entered into by the person
making the disclosure and any party to the offer or any person acting in
concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there
are no such agreements, arrangements or understandings, state “none”
NONE
(b) Agreements, arrangements or understandings relating to options or
derivatives
Details of any agreement, arrangement or understanding, formal or informal,
between the person making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant
securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state
“none”
NONE
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? YES
Date of disclosure: 24(th )June 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 (mailto: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
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.thetakeoverpanel.org.uk&esheet=54086366&newsitemid=20240624619629&lan=en-US&anchor=www.thetakeoverpanel.org.uk&index=1&md5=ee4566f22524d5e0e9cf8f37cf7c06c0)
.
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 International Paper Company
disclosure relates:
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 Expiry date
(USD)
e.g. American, European etc.
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 Put Option Purchased 1,200 35.00 American 7/19/2024
US4601461035 Call Option Purchased 27,000 37.50 American 7/19/2024
US4601461035 Call Option Purchased 160,000 42.50 American 9/20/2024
US4601461035 Call Option Purchased 85,000 42.50 American 10/18/2024
US4601461035 Call Option Purchased 12,200 45.00 American 1/17/2025
US4601461035 Call Option Purchased 400 45.00 American 10/18/2024
US4601461035 Call Option Purchased 17,200 45.00 American 9/20/2024
US4601461035 Call Option Purchased 10,000 50.00 American 9/20/2024
US4601461035 Call Option Purchased 10,000 47.50 American 9/20/2024
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
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.thetakeoverpanel.org.uk%2F&esheet=54086366&newsitemid=20240624619629&lan=en-US&anchor=www.thetakeoverpanel.org.uk&index=2&md5=64d679af9af8676715dbd7721d2e3032)
.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20240624619629/en/
(https://www.businesswire.com/news/home/20240624619629/en/)
Millennium Partners, L.P.
Copyright Business Wire 2024Recent news on International Paper Co
See all newsREG - Barclays PLC International Paper - Form 8.3 - INTERNATIONAL PAPER COMPANY
AnnouncementREG - BlackRock Group International Paper - Form 8.3 - International Paper Company
AnnouncementREG - Bank of NY Mel Corp International Paper - Form 8.3 - International Paper Company
AnnouncementREG - Threadneedle AM Hdgs International Paper - Form 8.3 - International Paper Company
AnnouncementREG-Farallon Capital Europe LLP Form 8.3 - International Paper Company
Announcement