Public Opening Position Disclosure by Davidson Kempner Capital Management
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: Not applicable; no additional names reported.
(c) Name of Offeror/Offeree: International Paper Company
(d) Exempt Fund Manager Information: Not applicable.
(e) Date Position Held/Dealing Undertaken: The most recent practicable date before this disclosure.
Position Held: Recent reports indicate ownership of 200,000 relevant securities, which represents a 0.06% stake, along with 1,933,532 short positions, equating to a 0.56% liability.
(f) Disclosures in Respect of Other Parties: Yes, disclosures regarding Smith (DS) plc are also included.
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, a table for each additional class of relevant security must be prepared.
(a) Interests and Short Positions:
Currently, there are 200,000 relevant securities owned and/or controlled, representing an interest percentage of 0.06%. The total short positions stand at 1,933,532, which accounts for 0.56%.
(b) Rights to Subscribe for New Securities:
Information regarding subscription rights is not available at this time.
Dealings by the Person Making the Disclosure
(a) Purchases and Sales:
Recently, a sale transaction involving common stock recorded 9,898 units at a price of USD 47.7787 per unit.
(b) Cash-Settled Derivative Transactions:
Details about cash-settled derivative transactions are currently unavailable.
(c) Stock-Settled Derivative Transactions:
Information regarding options, including their descriptions and quantities, has not been specified.
(d) Other Dealings:
Information on any other dealings, such as subscriptions for new securities, is also currently not available.
Other Information
(a) Indemnity and Other Dealing Arrangements: There are no reported indemnity agreements or similar arrangements that affect the disclosed positions.
(b) Agreements Relating to Options or Derivatives: At this time, there are no noted agreements that impact voting rights or options related to the disclosed securities.
(c) Attachments: No Supplemental Form 8 (Open Positions) is attached.
Contact Information
Date of Disclosure: This disclosure is noted as of the 22nd of August, with the year unspecified.
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 inquiries regarding the Code’s disclosure requirements, the Panel’s Market Surveillance Unit is available for consultation.
Frequently Asked Questions
What is the purpose of a Form 8.3 filing?
The Form 8.3 filing is designed to disclose interests and holdings in relevant securities, ensuring compliance with the regulations set forth by the Takeover Code.
Who is Davidson Kempner Capital Management LP?
Davidson Kempner Capital Management LP is a global investment management firm recognized for its diverse investment strategies and substantial presence in the market.
What does this disclosure indicate about Davidson Kempner's position?
This disclosure reveals that Davidson Kempner holds a notable amount of shares and short positions in International Paper Company, highlighting its strategic investment perspective.
Is this disclosure available for public viewing?
Yes, disclosures made under Rule 8 are publicly accessible as they are filed with regulatory authorities.
How can I get in touch with Davidson Kempner Capital Management LP?
You can contact Alex McMillan using the telephone number provided in the disclosure for any further inquiries.
