Source - LSE Regulatory
RNS Number : 4437M
Goldman Sachs Asset Management LP
29 April 2024
 

 

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:

(GS) GOLDMAN SACHS ASSET MANAGEMENT, L.P.

(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:

Advisor to SMITH (DS) PLC

(e) Date position held/dealing undertaken:

     For an opening position disclosure, state the latest practicable date prior to the disclosure

26 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 - disclosed previously for 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

 

Interests

Short positions

 

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

1,830,118.4221

0.52

0

0.00

(2) Cash-settled derivatives:

0

0.00

0

0.00

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

0

0.00

0

0.00

 

     TOTAL:

1,830,118.4221

0.52

0

0.00

 



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

common stock

Purchase

5

33.4580 USD

common stock

Purchase

5

33.4580 USD

common stock

Purchase

8

33.4600 USD

common stock

Purchase

5

33.5340 USD

common stock

Purchase

55

33.5349 USD

common stock

Purchase

135

33.5350 USD

common stock

Purchase

1,260

33.5350 USD

common stock

Purchase

5

33.5580 USD

common stock

Purchase

5

33.5580 USD

common stock

Purchase

10

33.5590 USD

common stock

Purchase

20

33.5595 USD

common stock

Purchase

10

33.5650 USD

common stock

Purchase

30

33.5897 USD

common stock

Purchase

30

33.6373 USD

common stock

Purchase

5

33.6440 USD

common stock

Purchase

15

33.6447 USD

common stock

Purchase

15

33.6447 USD

common stock

Purchase

20

33.6450 USD

common stock

Purchase

20

33.6450 USD

common stock

Purchase

30

33.6450 USD

common stock

Purchase

5

33.8300 USD

common stock

Purchase

25

33.8300 USD

common stock

Purchase

15

33.8300 USD

common stock

Purchase

70

33.8300 USD

common stock

Purchase

5

33.8300 USD

common stock

Purchase

20

33.8300 USD

common stock

Purchase

15

33.8780 USD

common stock

Purchase

15

33.8780 USD

common stock

Purchase

5

33.8840 USD

common stock

Purchase

1

33.8900 USD

common stock

Purchase

40

33.8950 USD

common stock

Purchase

5

33.8980 USD

common stock

Purchase

5

33.9380 USD

common stock

Purchase

15

33.9380 USD

common stock

Purchase

5

33.9380 USD

common stock

Purchase

60

33.9382 USD

common stock

Purchase

15

33.9487 USD

common stock

Sale

5

33.3740 USD

common stock

Sale

5

33.3740 USD

common stock

Sale

5

33.3740 USD

common stock

Sale

5

33.3740 USD

common stock

Sale

5

33.3740 USD

common stock

Sale

35

33.3749 USD

common stock

Sale

20

33.3750 USD

common stock

Sale

20

33.4300 USD

common stock

Sale

5

33.4300 USD

common stock

Sale

10

33.4300 USD

common stock

Sale

45

33.4300 USD

common stock

Sale

5

33.4300 USD

common stock

Sale

4

33.4300 USD

common stock

Sale

5

33.4540 USD

common stock

Sale

5

33.4540 USD

common stock

Sale

10

33.4550 USD

common stock

Sale

30

33.4550 USD

common stock

Sale

10

33.4550 USD

common stock

Sale

15

33.4600 USD

common stock

Sale

31

33.4600 USD

common stock

Sale

5

33.5140 USD

common stock

Sale

5

33.5140 USD

common stock

Sale

20

33.5150 USD

common stock

Sale

5

33.5300 USD

common stock

Sale

6

33.5300 USD

common stock

Sale

15

33.5500 USD

common stock

Sale

5

33.5500 USD

common stock

Sale

5

33.5500 USD

common stock

Sale

5

33.5500 USD

common stock

Sale

15

33.5500 USD

common stock

Sale

5

33.5500 USD

common stock

Sale

15

33.5500 USD

common stock

Sale

20

33.5500 USD

common stock

Sale

10

33.5500 USD

common stock

Sale

10

33.5500 USD

common stock

Sale

5

33.5500 USD

common stock

Sale

5

33.5500 USD

common stock

Sale

5

33.5500 USD

common stock

Sale

6

33.5500 USD

common stock

Sale

5

33.5500 USD

common stock

Sale

5

33.5500 USD

common stock

Sale

5

33.5600 USD

common stock

Sale

10

33.5600 USD

common stock

Sale

20

33.5600 USD

common stock

Sale

5

33.5600 USD

common stock

Sale

15

33.5600 USD

common stock

Sale

5

33.5600 USD

common stock

Sale

5

33.5600 USD

common stock

Sale

5

33.5600 USD

common stock

Sale

15

33.5600 USD

common stock

Sale

10

33.5800 USD

common stock

Sale

5

33.5800 USD

common stock

Sale

10

33.5800 USD

common stock

Sale

60

33.5800 USD

common stock

Sale

10

33.5800 USD

common stock

Sale

15

33.5800 USD

common stock

Sale

3

33.5800 USD

common stock

Sale

15

33.5800 USD

common stock

Sale

5

33.5800 USD

common stock

Sale

5

33.5800 USD

common stock

Sale

5

33.5800 USD

common stock

Sale

20

33.5800 USD

common stock

Sale

10

33.5800 USD

common stock

Sale

5

33.5800 USD

common stock

Sale

10

33.5800 USD

common stock

Sale

5

33.5800 USD

common stock

Sale

10

33.5800 USD

common stock

Sale

10

33.5800 USD

common stock

Sale

5

33.5800 USD

common stock

Sale

5

33.6340 USD

common stock

Sale

5

33.6340 USD

common stock

Sale

50

33.6350 USD

common stock

Sale

40

33.6350 USD

common stock

Sale

20

33.6350 USD

common stock

Sale

90

33.6350 USD

common stock

Sale

10

33.6350 USD

common stock

Sale

13

33.7177 USD

common stock

Sale

9

33.7178 USD

common stock

Sale

5

33.7180 USD

common stock

Sale

20

33.7180 USD

common stock

Sale

25

33.7180 USD

common stock

Sale

15

33.7180 USD

common stock

Sale

5

33.7180 USD

common stock

Sale

10

33.7180 USD

common stock

Sale

5

33.7180 USD

common stock

Sale

10

33.7180 USD

common stock

Sale

5

33.7180 USD

common stock

Sale

20

33.7180 USD

common stock

Sale

10

33.7180 USD

common stock

Sale

5

33.7180 USD

common stock

Sale

15

33.7180 USD

common stock

Sale

20

33.7180 USD

common stock

Sale

15

33.7180 USD

common stock

Sale

5

33.7180 USD

common stock

Sale

10

33.7180 USD

common stock

Sale

30

33.7180 USD

common stock

Sale

20

33.7180 USD

common stock

Sale

30

33.7180 USD

common stock

Sale

5

33.7180 USD

common stock

Sale

10

33.7180 USD

common stock

Sale

15

33.7180 USD

common stock

Sale

5

33.7180 USD

common stock

Sale

10

33.7180 USD

common stock

Sale

15

33.7180 USD

common stock

Sale

5

33.7180 USD

common stock

Sale

5

33.7180 USD

common stock

Sale

25

33.7180 USD

common stock

Sale

5

33.7180 USD

common stock

Sale

5

33.7180 USD

common stock

Sale

30

33.7180 USD

common stock

Sale

5

33.7180 USD

common stock

Sale

15

33.7180 USD

common stock

Sale

5

33.7180 USD

common stock

Sale

20

33.7180 USD

common stock

Sale

60

33.7182 USD

common stock

Sale

50

33.7182 USD

common stock

Sale

50

33.7182 USD

common stock

Sale

85

33.7182 USD

common stock

Sale

165

33.7182 USD

common stock

Sale

40

33.7182 USD

common stock

Sale

190

33.7183 USD

common stock

Sale

150

33.7183 USD

common stock

Sale

255

33.7183 USD

common stock

Sale

145

33.7183 USD

common stock

Sale

360

33.7183 USD

common stock

Sale

480

33.7183 USD

common stock

Sale

240

33.7183 USD

common stock

Sale

270

33.7183 USD

common stock

Sale

135

33.7183 USD

common stock

Sale

100

33.7183 USD

common stock

Sale

20

33.7300 USD

common stock

Sale

10

33.7300 USD

common stock

Sale

10

33.7300 USD

common stock

Sale

20

33.7300 USD

common stock

Sale

30

33.7300 USD

common stock

Sale

5

33.7300 USD

common stock

Sale

5

33.7300 USD

common stock

Sale

10

33.7300 USD

common stock

Sale

140

33.8300 USD

common stock

Sale

30

33.8300 USD

common stock

Sale

15

33.8300 USD

common stock

Sale

30

33.8300 USD

common stock

Sale

65

33.8300 USD

common stock

Sale

20

33.8300 USD

common stock

Sale

120

33.8300 USD

common stock

Sale

5

33.8300 USD

common stock

Sale

5

33.8300 USD

common stock

Sale

10

33.8300 USD

common stock

Sale

5

33.8300 USD

common stock

Sale

10

33.8300 USD

common stock

Sale

2

33.8300 USD

common stock

Sale

6

33.8300 USD

common stock

Sale

49

33.8300 USD

common stock

Sale

15

33.8300 USD

common stock

Sale

10

33.8300 USD

common stock

Sale

60

33.8900 USD

common stock

Sale

1

33.8900 USD

common stock

Sale

5

33.8980 USD

common stock

Sale

15

33.8993 USD

common stock

Sale

5

33.9440 USD

common stock

Sale

10

33.9450 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






 

 

(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?

NO

 

 

Date of disclosure:

29 April 2024

Contact name:

Papa Lette and Andrzej Szyszka

Telephone number*:

+33(1) 4212 1459 / +48(22) 317 4817

 

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.

 

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END
 
 
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