Table
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: | January 24, 2025 |
| (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: |
|
|
|
|
| (2) Derivatives (other than options): | | | 5,088,299 | 1.46% |
| (3) Options and agreements to purchase/sell: |
|
|
|
|
| TOTAL: | | | 5,088,299 | 1.46% |
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: |
|
| Details, including nature of the rights concerned and relevant percentages: |
|
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 |
| Common stock Common stock | Purchase Sale | 124,935 124.935 | 60.09 usd 59.94 usd |
(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 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 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
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 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 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 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
| 1,203 1,311 3,015 300 8,389
3,300 1,000 126,935 2,000 100 200 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 200 100 100 100 100 100 100 200 100 100 100 200 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 200 100 100 100 300 100 200 600 100 100 100 100 100 300 100 700 100 100 100 200 200 100 100 400 100 100 400 100 100 100 100 100 500 100 100 1,100 8,400 400 200 23
| 59.08 59.09 59.98 59.97 59.99
59.98 59.93 60.09 59.96 59.9048 59.8857 59.8873 59.8858 59.8923 59.8807 59.8796 59.8794 59.8788 59.8927 59.8666 59.8635 59.8573 59.8253 59.8035 59.805 59.7993 59.7926 59.7569 59.7363 59.7284 59.7271 59.7332 59.745 59.7565 59.7632 59.7662 59.7626 59.788 59.8019 59.8196 59.8435 59.9017 59.923 59.9274 59.9352 59.9473 59.9495 59.9445 59.949 59.9489 59.9381 59.9181 59.9224 59.9245 59.9253 59.9538 59.9912 60.007 60.0072 60.0056 59.9123 59.9425 59.8974 59.9251 59.8861 59.8566 59.8559 59.8413 59.8355 59.7773 59.7828 59.797 59.81 59.8432 59.9148 59.9295 59.9428 59.9631 60.0027 60.0189 60.0038 60.0036 60.0078 60.0067 59.9968 59.9967 59.9978 59.9981 59.9976 59.9935 59.9914 59.992 59.9926 59.9858 59.92 59.9786 59.972 59.8954 59.8956 59.8955 59.8957 59.892 59.9066 59.9109 59.9218 59.9307 59.9308 59.9857 59.9966 59.998 59.9982 60.0088 60.0299 60.0358 60.0295 60.0374 60.0417 60.05 60.0436 60.035 60.0364 60.0427 60.0432 60.06 60.08 60.11 60.07 60.09 60.12 60.13 60.1 60.1
|
(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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|
|
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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" |
|
N/A
|
(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" |
|
N/A
|
(c) Attachments
| Is a Supplemental Form 8 (Open Positions) attached? | NO |
Date of disclosure: | January 27, 2025 |
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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