Key Disclosure Information
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: Davidson Kempner Capital Management LP
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):
Simply naming nominee or vehicle companies is not sufficient. In the case of a trust, the trustee(s), settlor, and beneficiaries must be identified.
(c) Name of offeror/offeree related to these relevant securities:
Please use a separate form for each offeror/offeree.
International Paper Company
(d) If an exempt fund manager connected with an offeror/offeree, please state this and specify the identity of the offeror/offeree:
(e) Date position held/dealing undertaken:
16/08/2024
(f) In addition to the company mentioned in 1(c), is the discloser making disclosures regarding any other party to the offer?
If it is a cash offer or a possible cash offer, please state “N/A.”
Yes, Smith (DS) plc
2. Positions of the Person Making the Disclosure
If there are positions or rights to subscribe to in more than one class of relevant securities of the offeror or offeree named in 1(c), please replicate table 2(a) or (b) as needed for each additional class of relevant security.
(a) Interests and short positions in the relevant securities of the offeror or offeree following the dealing (if any)
Class of relevant security:
Interests
Number
%
Short positions
Number
%
(1) Relevant securities owned and/or controlled:
200,000 (0.06%)
1,890,546 (0.54%)
(2) Cash-settled derivatives:
N/A
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
N/A
TOTAL: 200,000 (0.06%) - 1,890,546 (0.54%)
3. Dealings (if any) by the Person Making the Disclosure
(a) Purchases and Sales
Class of relevant security
Purchases/Sale
Number of securities
Price per unit
Common stock
Sale
13,187
USD 46.7294
(b) Cash-settled derivative transactions
N/A
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
N/A
(ii) Exercise
N/A
(d) Other dealings (including subscribing for new securities)
N/A
4. Other Information
(a) Indemnity and Other Dealing Arrangements
None
(b) Agreements, arrangements or understandings relating to options or derivatives
None
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? NO
5. Additional Information
Date of disclosure: 19/08/2024
Contact name: Alex McMillan
Telephone number: 646 282 5805
Public disclosures under Rule 8 of the Code must be submitted to a Regulatory Information Service. For questions regarding the Code’s disclosure requirements, the Panel’s Market Surveillance Unit can be reached at +44 (0)20 7638 0129.
Frequently Asked Questions
1. What is Form 8.3?
Form 8.3 is a public opening position disclosure that must be submitted by individuals or entities holding interests in relevant securities that represent 1% or more.
2. Who is Davidson Kempner Capital Management LP?
Davidson Kempner Capital Management LP is an investment management firm that specializes in a variety of financial instruments, including equities, credit, and real estate.
3. What does the disclosure pertain to?
This disclosure outlines Davidson Kempner's interests in International Paper Company, detailing their positions and dealings as mandated by regulatory standards.
4. What are short positions?
Short positions refer to the quantity of securities that an investor has sold but does not own, anticipating a decline in the stock price.
5. How can I contact Davidson Kempner for more information?
If you need further information, you can reach out to Alex McMillan at Davidson Kempner Capital Management LP by calling 646 282 5805.
