Syquant Capital Form 8.3 - International Paper Company

RNS Number : 4838V

Syquant Capital

31 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) 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 30, 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):			6,005,594	1.72%
(3) Options and agreements to purchase/sell:
TOTAL:			6,005,594	1.72%

 

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	15,351 15,351	57.05 usd 56.6579 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	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	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	1,000 2,020 1,951 392 520 26 210 140 514 7,360 1,230 2,610 2,800 225 1,000 1,600 400 370 1,200 325 1,065 375 6,059 1,000 2,000 1,000 4,000 2,000 6,400 5,000 36,000 10,700 335 6,116 4,360 575 65 3,166 1,087 4,803 140 57 2,606 902 563 8,188 300 400 402 1,917 3,900 470 100 7,333 170 1,019 410 2,592 320 200 100 100 100 100 200 200 100 100 100 100 100 100 100 200 200 100 100 100 100 100 100 100 100 100 100 900 200 200 300 100 600 500 300 200 200 100 7,100 449 300 470 30 300 800 15,351	57.7 57.32 57 56.99 56.51 56.49 56.47 56.48 56.24 56.7 56.65 56.5 56.6 56.32 56.57 56.56 56.58 56.53 56.52 56.46 56.45 56.4 56.2 55.94 55.35 55.44 55.5 54.9 55.75 55.98 56.3 56.97 56.915 56.9 57.08 57.09 57.105 57.2 57.19 57.16 57.17 57.165 57.31 57.3 57.26 57.25 57.27 57.265 57.43 57.55 57.5 57.51 57.52 57.57 57.59 57.58 57.45 57.41 57.42 57.3112 57.28 57.1906 57.2364 57.2695 57.2822 57.2763 57.2254 57.1715 57.1767 G 57.178 57.2412 57.1448 57.1325 57.1314 57.1404 57.1392 57.1577 57.2751 57.2883 57.2895 57.2608 57.2516 57.2211 57.082 57.0722 56.96 56.91 56.93 56.94 56.9813 56.95 56.92 56.98 57.01 57.03 57.04 57.05 57.06 57.14 57.15 57.155 57.18 57.21 56.6579

 

(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

 

(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)

 

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 31, 2025
Contact name:	Laurent Boscherel
Telephone number:	[phone]

 

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 [e-mail].  The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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

 

 

RETSDWFFFEISESF