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BNP Paribas

Transaction in Own Shares Jan 23, 2025

1158_rns_2025-01-23_bbf8ce8d-2f17-415b-ab06-405f45cfc645.html

Transaction in Own Shares

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National Storage Mechanism | Additional information

RNS Number : 5079U

BNP Paribas London

23 January 2025

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: BNP Paribas SA
(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
Smith (DS) plc
(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
22/01/2025
(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

If YES, specify which:

International Paper Company

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: GB0008220112 (10p ordinary)
Interests Short positions
Number % Number %
(1) Relevant securities owned and/or controlled: 22,172,040 1.6061 -16,097,274 -1.1660
(2) Cash-settled derivatives: 1,331,045 0.0964 -10,045,209 -0.7276
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 0 +0
TOTAL: 23,503,085 1.7025 -26,142,483 -1.8937

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
GB0008220112 Purchase 4 6.0100 GBP
GB0008220112 Purchase 31 6.0100 GBP
GB0008220112 Purchase 33 6.0100 GBP
GB0008220112 Purchase 33 6.0100 GBP
GB0008220112 Purchase 33 6.0100 GBP
GB0008220112 Purchase 36 6.0000 GBP
GB0008220112 Purchase 47 6.0050 GBP
GB0008220112 Purchase 63 6.0100 GBP
GB0008220112 Purchase 71 6.0100 GBP
GB0008220112 Purchase 77 6.0050 GBP
GB0008220112 Purchase 95 6.0100 GBP
GB0008220112 Purchase 107 6.0050 GBP
GB0008220112 Purchase 116 6.0100 GBP
GB0008220112 Purchase 119 6.0050 GBP
GB0008220112 Purchase 125 6.0050 GBP
GB0008220112 Purchase 135 6.0000 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 135 6.0100 GBP
GB0008220112 Purchase 136 6.0100 GBP
GB0008220112 Purchase 138 6.0100 GBP
GB0008220112 Purchase 142 6.0100 GBP
GB0008220112 Purchase 145 6.0100 GBP
GB0008220112 Purchase 146 6.0050 GBP
GB0008220112 Purchase 146 6.0100 GBP
GB0008220112 Purchase 146 6.0100 GBP
GB0008220112 Purchase 148 6.0050 GBP
GB0008220112 Purchase 151 6.0100 GBP
GB0008220112 Purchase 158 6.0100 GBP
GB0008220112 Purchase 160 6.0050 GBP
GB0008220112 Purchase 168 6.0050 GBP
GB0008220112 Purchase 197 6.0100 GBP
GB0008220112 Purchase 215 6.0100 GBP
GB0008220112 Purchase 231 6.0100 GBP
GB0008220112 Purchase 240 6.0100 GBP
GB0008220112 Purchase 254 6.0200 GBP
GB0008220112 Purchase 272 6.0100 GBP
GB0008220112 Purchase 285 6.0100 GBP
GB0008220112 Purchase 310 6.0000 GBP
GB0008220112 Purchase 321 6.0000 GBP
GB0008220112 Purchase 342 6.0100 GBP
GB0008220112 Purchase 359 6.0100 GBP
GB0008220112 Purchase 405 6.0100 GBP
GB0008220112 Purchase 406 6.0200 GBP
GB0008220112 Purchase 421 6.0100 GBP
GB0008220112 Purchase 424 6.0100 GBP
GB0008220112 Purchase 436 6.0100 GBP
GB0008220112 Purchase 448 6.0100 GBP
GB0008220112 Purchase 464 6.0100 GBP
GB0008220112 Purchase 473 6.0100 GBP
GB0008220112 Purchase 474 6.0050 GBP
GB0008220112 Purchase 488 6.0100 GBP
GB0008220112 Purchase 490 6.0100 GBP
GB0008220112 Purchase 503 6.0100 GBP
GB0008220112 Purchase 524 6.0000 GBP
GB0008220112 Purchase 544 6.0000 GBP
GB0008220112 Purchase 555 6.0100 GBP
GB0008220112 Purchase 581 6.0000 GBP
GB0008220112 Purchase 593 6.0100 GBP
GB0008220112 Purchase 598 6.0100 GBP
GB0008220112 Purchase 600 6.0100 GBP
GB0008220112 Purchase 611 6.0050 GBP
GB0008220112 Purchase 618 6.0100 GBP
GB0008220112 Purchase 624 6.0100 GBP
GB0008220112 Purchase 637 6.0100 GBP
GB0008220112 Purchase 649 6.0200 GBP
GB0008220112 Purchase 689 6.0100 GBP
GB0008220112 Purchase 693 6.0100 GBP
GB0008220112 Purchase 694 6.0100 GBP
GB0008220112 Purchase 695 6.0100 GBP
GB0008220112 Purchase 696 6.0100 GBP
GB0008220112 Purchase 738 6.0050 GBP
GB0008220112 Purchase 758 6.0100 GBP
GB0008220112 Purchase 758 6.0100 GBP
GB0008220112 Purchase 758 6.0100 GBP
GB0008220112 Purchase 767 6.0100 GBP
GB0008220112 Purchase 767 6.0100 GBP
GB0008220112 Purchase 786 6.0100 GBP
GB0008220112 Purchase 790 6.0100 GBP
GB0008220112 Purchase 797 6.0100 GBP
GB0008220112 Purchase 828 5.9901 GBP
GB0008220112 Purchase 830 6.0100 GBP
GB0008220112 Purchase 843 6.0000 GBP
GB0008220112 Purchase 845 6.0100 GBP
GB0008220112 Purchase 857 6.0200 GBP
GB0008220112 Purchase 861 6.0100 GBP
GB0008220112 Purchase 869 6.0100 GBP
GB0008220112 Purchase 873 6.0100 GBP
GB0008220112 Purchase 873 6.0100 GBP
GB0008220112 Purchase 922 6.0100 GBP
GB0008220112 Purchase 960 6.0050 GBP
GB0008220112 Purchase 960 6.0100 GBP
GB0008220112 Purchase 960 6.0100 GBP
GB0008220112 Purchase 960 6.0100 GBP
GB0008220112 Purchase 981 6.0100 GBP
GB0008220112 Purchase 1,000 6.0100 GBP
GB0008220112 Purchase 1,010 6.0100 GBP
GB0008220112 Purchase 1,045 6.0050 GBP
GB0008220112 Purchase 1,046 6.0100 GBP
GB0008220112 Purchase 1,083 6.0000 GBP
GB0008220112 Purchase 1,092 6.0050 GBP
GB0008220112 Purchase 1,092 6.0050 GBP
GB0008220112 Purchase 1,092 6.0050 GBP
GB0008220112 Purchase 1,102 6.0000 GBP
GB0008220112 Purchase 1,122 6.0000 GBP
GB0008220112 Purchase 1,124 6.0000 GBP
GB0008220112 Purchase 1,135 6.0100 GBP
GB0008220112 Purchase 1,144 6.0100 GBP
GB0008220112 Purchase 1,159 6.0050 GBP
GB0008220112 Purchase 1,165 6.0100 GBP
GB0008220112 Purchase 1,185 6.0000 GBP
GB0008220112 Purchase 1,185 6.0100 GBP
GB0008220112 Purchase 1,228 6.0100 GBP
GB0008220112 Purchase 1,316 6.0050 GBP
GB0008220112 Purchase 1,332 6.0100 GBP
GB0008220112 Purchase 1,348 6.0100 GBP
GB0008220112 Purchase 1,365 5.9977 GBP
GB0008220112 Purchase 1,379 6.0000 GBP
GB0008220112 Purchase 1,379 6.0050 GBP
GB0008220112 Purchase 1,456 6.0000 GBP
GB0008220112 Purchase 1,477 6.0100 GBP
GB0008220112 Purchase 1,547 6.0100 GBP
GB0008220112 Purchase 1,627 5.9979 GBP
GB0008220112 Purchase 1,715 6.0050 GBP
GB0008220112 Purchase 1,715 6.0100 GBP
GB0008220112 Purchase 1,715 6.0100 GBP
GB0008220112 Purchase 1,750 6.0100 GBP
GB0008220112 Purchase 1,750 6.0100 GBP
GB0008220112 Purchase 1,779 6.0100 GBP
GB0008220112 Purchase 1,846 6.0050 GBP
GB0008220112 Purchase 1,846 6.0050 GBP
GB0008220112 Purchase 1,846 6.0050 GBP
GB0008220112 Purchase 1,846 6.0050 GBP
GB0008220112 Purchase 1,846 6.0050 GBP
GB0008220112 Purchase 2,156 6.0100 GBP
GB0008220112 Purchase 2,216 6.0100 GBP
GB0008220112 Purchase 2,224 5.9900 GBP
GB0008220112 Purchase 2,233 6.0100 GBP
GB0008220112 Purchase 2,281 6.0000 GBP
GB0008220112 Purchase 2,283 6.0100 GBP
GB0008220112 Purchase 2,310 6.0100 GBP
GB0008220112 Purchase 2,385 6.0200 GBP
GB0008220112 Purchase 2,425 5.9900 GBP
GB0008220112 Purchase 2,447 6.0100 GBP
GB0008220112 Purchase 2,447 6.0100 GBP
GB0008220112 Purchase 2,454 6.0050 GBP
GB0008220112 Purchase 2,487 6.0100 GBP
GB0008220112 Purchase 2,508 6.0100 GBP
GB0008220112 Purchase 2,508 6.0100 GBP
GB0008220112 Purchase 2,571 6.0000 GBP
GB0008220112 Purchase 2,577 6.0100 GBP
GB0008220112 Purchase 2,579 6.0100 GBP
GB0008220112 Purchase 2,608 6.0050 GBP
GB0008220112 Purchase 2,707 6.0100 GBP
GB0008220112 Purchase 2,769 6.0100 GBP
GB0008220112 Purchase 2,802 6.0050 GBP
GB0008220112 Purchase 2,943 6.0100 GBP
GB0008220112 Purchase 2,967 6.0100 GBP
GB0008220112 Purchase 3,000 6.0050 GBP
GB0008220112 Purchase 3,000 6.0050 GBP
GB0008220112 Purchase 3,000 6.0050 GBP
GB0008220112 Purchase 3,000 6.0050 GBP
GB0008220112 Purchase 3,021 6.0050 GBP
GB0008220112 Purchase 3,058 5.9956 GBP
GB0008220112 Purchase 3,066 6.0100 GBP
GB0008220112 Purchase 3,066 6.0100 GBP
GB0008220112 Purchase 3,066 6.0100 GBP
GB0008220112 Purchase 3,184 6.0050 GBP
GB0008220112 Purchase 3,263 6.0050 GBP
GB0008220112 Purchase 3,263 6.0050 GBP
GB0008220112 Purchase 3,263 6.0050 GBP
GB0008220112 Purchase 3,263 6.0050 GBP
GB0008220112 Purchase 3,263 6.0050 GBP
GB0008220112 Purchase 3,263 6.0100 GBP
GB0008220112 Purchase 3,589 6.0200 GBP
GB0008220112 Purchase 3,590 6.0000 GBP
GB0008220112 Purchase 3,626 6.0100 GBP
GB0008220112 Purchase 3,684 5.9900 GBP
GB0008220112 Purchase 3,696 6.0000 GBP
GB0008220112 Purchase 3,826 6.0000 GBP
GB0008220112 Purchase 4,185 6.0100 GBP
GB0008220112 Purchase 4,194 6.0000 GBP
GB0008220112 Purchase 4,369 6.0050 GBP
GB0008220112 Purchase 4,500 6.0050 GBP
GB0008220112 Purchase 4,500 6.0050 GBP
GB0008220112 Purchase 4,500 6.0050 GBP
GB0008220112 Purchase 4,500 6.0050 GBP
GB0008220112 Purchase 4,500 6.0050 GBP
GB0008220112 Purchase 4,500 6.0050 GBP
GB0008220112 Purchase 4,500 6.0100 GBP
GB0008220112 Purchase 4,500 6.0100 GBP
GB0008220112 Purchase 4,577 6.0100 GBP
GB0008220112 Purchase 4,809 6.0050 GBP
GB0008220112 Purchase 4,809 6.0050 GBP
GB0008220112 Purchase 4,809 6.0050 GBP
GB0008220112 Purchase 4,809 6.0050 GBP
GB0008220112 Purchase 4,809 6.0100 GBP
GB0008220112 Purchase 4,827 6.0100 GBP
GB0008220112 Purchase 5,634 6.0100 GBP
GB0008220112 Purchase 5,634 6.0100 GBP
GB0008220112 Purchase 6,355 6.0050 GBP
GB0008220112 Purchase 6,357 6.0000 GBP
GB0008220112 Purchase 6,563 6.0050 GBP
GB0008220112 Purchase 6,730 6.0100 GBP
GB0008220112 Purchase 6,910 6.0200 GBP
GB0008220112 Purchase 7,105 6.0100 GBP
GB0008220112 Purchase 7,115 6.0200 GBP
GB0008220112 Purchase 7,271 5.9900 GBP
GB0008220112 Purchase 7,798 6.0100 GBP
GB0008220112 Purchase 8,019 6.0100 GBP
GB0008220112 Purchase 8,100 6.0100 GBP
GB0008220112 Purchase 8,821 5.9906 GBP
GB0008220112 Purchase 10,331 6.0050 GBP
GB0008220112 Purchase 11,413 6.0100 GBP
GB0008220112 Purchase 11,550 6.0000 GBP
GB0008220112 Purchase 11,552 6.0000 GBP
GB0008220112 Purchase 12,862 6.0000 GBP
GB0008220112 Purchase 14,053 6.0100 GBP
GB0008220112 Purchase 14,181 6.0200 GBP
GB0008220112 Purchase 14,223 6.0050 GBP
GB0008220112 Purchase 15,271 5.9900 GBP
GB0008220112 Purchase 15,750 6.0000 GBP
GB0008220112 Purchase 16,152 6.0000 GBP
GB0008220112 Purchase 17,965 6.0200 GBP
GB0008220112 Purchase 24,239 6.0100 GBP
GB0008220112 Purchase 24,500 6.0000 GBP
GB0008220112 Purchase 24,500 6.0000 GBP
GB0008220112 Purchase 27,028 6.0100 GBP
GB0008220112 Purchase 27,178 6.0050 GBP
GB0008220112 Purchase 32,778 6.0017 GBP
GB0008220112 Purchase 36,750 6.0000 GBP
GB0008220112 Purchase 43,978 6.0000 GBP
GB0008220112 Purchase 46,117 6.0200 GBP
GB0008220112 Purchase 67,438 6.0200 GBP
GB0008220112 Purchase 132,134 6.0200 GBP
GB0008220112 Purchase 343,000 6.0000 GBP
GB0008220112 Sale -8,875,821 6.0404 GBP
GB0008220112 Sale -918,188 6.0404 GBP
GB0008220112 Sale -83,526 6.0100 GBP
GB0008220112 Sale -83,526 6.0100 GBP
GB0008220112 Sale -14,337 5.9910 GBP
GB0008220112 Sale -6,952 5.9900 GBP
GB0008220112 Sale -4,484 6.0032 GBP
GB0008220112 Sale -2,803 5.9888 GBP
GB0008220112 Sale -1,755 5.9852 GBP
GB0008220112 Sale -1,741 6.0050 GBP
GB0008220112 Sale -1,564 5.9888 GBP
GB0008220112 Sale -555 6.0100 GBP

(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
GB0008220112 Contract for Difference Opening Short Position -6,878 5.9900 GBP
GB0008220112 Contract for Difference Closing Short Position 6,952 5.9900 GBP
GB0008220112 Contract for Difference Closing Short Position 8,875,821 5.9900 USD
GB0008220112 Contract for Difference Closing Short Position 918,188 5.9900 USD
GB0008220112 Contract for Difference Increasing Long Position 4,484 5.9900 GBP
GB0008220112 Contract for Difference Increasing Long Position 2,803 5.9900 GBP
GB0008220112 Contract for Difference Increasing Long Position 1,564 5.9900
GB0008220112 Contract for Difference Increasing Short Position -343,000 5.9900
GB0008220112 Contract for Difference Reducing Long Position -1,358 5.9900

(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: 23/01/2025
###### Contact name: Compliance Control Room
###### Telephone number*: 0207 595 9695

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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RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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