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) Identity of the person whose positions/dealings are being disclosed: | SYQUANT CAPITAL |
| (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient | |
| (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: | |
| (e) Date position held/dealing undertaken: | November 25, 2024 |
| (f) Has the discloser previously disclosed, or are they today disclosing, under the Code in respect of any other party to this offer? | YES - DS Smith PLC Common Stock |
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(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: |
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| (2) Derivatives (other than options): | | | 3,695,096 | 1.06% |
| (3) Options and agreements to purchase/sell: |
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| TOTAL: | | | 3,695,096 | 1.06% |
All interests and all short positions should be disclosed.
Details of any open derivative or option positions, 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 executive options)
| Class of relevant security in relation to which subscription right exists: |
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| Details, including nature of the rights concerned and relevant percentages: |
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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.
3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
(a) Purchases and sales
| Class of relevant security | Purchase/sale
| Number of securities | Price per unit |
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(b) Derivatives transactions (other than options)
| 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 in USD |
| common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock common stock
| CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD
| reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position reducing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position
| 1,915 200 415 200 188 100 150 150 100 213 100 100 500 100 714 186 200 200 200 100 400 200 100 944 856 100 285 100 200 200 100 300 100 257 100 100 100 740 553 621 400 386 353 899 33 100 100 100 300 203 497 1,855 20 200 1,341 1,524 100 695 400 1,430 4,323 313 1,079 348 429 1,599 325 966 1,299 1,402 100 217 1,140 306 38 363 300 496 199 200 200 100 529 100 465 35 100 100 100 7,338 400 100 162 4,829 550 1,721 4,588 1,150 200 62 2,152 102 200 2,000 2,000 2,948 3,149 1,903 5,089 2,830 3,065 500 100 4,900 3,800 200 106 3,894 2,838 152 10 1,000 30 727 6 757
| 58.94 58.89 58.82 58.75 58.81 58.74 58.655 58.625 58.65 58.7189 58.78 58.695 58.6 58.58 58.85 58.86 58.83 58.88 58.9 58.885 58.945 58.9475 58.9425 58.91 58.92 58.84 58.95 58.98 58.99 58.97 59.01 59.07 59.02 58.825 58.93 59.05 59.1 59.38 59.37 59.39 59.35 59.36 59.4 59.42 59.41 59.45 59.46 59.47 59.48 59.49 59.5 59.52 59.51 59.53 59.56 59.59 59.585 59.6 59.61 59.58 59.57 59.54 59.55 59.66 59.67 59.68 59.69 59.7 59.71 59.72 59.685 59.64 59.63 59.74 59.75 59.76 59.77 59.73 59.78 59.745 59.715 59.7125 59.65 59.555 59.43 59.44 59.415 59.375 59.4704 59.49 59.505 59.5 59.51 59.53 59.54 59.52 59.57 59.56 59.575 59.58 59.62 59.63 59.635 59.13 59.14 59.15 59.17 59.16 59.19 59.18 59.2 59.185 59.255 59.24 59.28 59.29 59.315 59.3 59.25 59.26 59.265 59.34 59.685 59.67 59.68 59.64
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(c) Options transactions in respect of existing securities
(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) Exercising
| Class of relevant security | Product description e.g. call option | Number of securities | Exercise price per unit |
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(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) |
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The currency of all prices and other monetary amounts should be stated.
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.
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: If there are no such agreements, arrangements or understandings, state "none" |
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N/A
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(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" |
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N/A
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(c) Attachments
| Is a Supplemental Form 8 (Open Positions) attached? | NO |
Date of disclosure: | November 26, 2024 |
Contact name: | Laurent Boscherel |
Telephone number: | +33 1 42 56 56 27 |
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. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
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