Syquant Capital Form 8.3 - NX US

RNS Number : 8277Y

Syquant Capital

01 August 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) 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	Quanex Corp
(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:	July 31, 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-Tyman PLC

 

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:	ordinary
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	XXXXX	XXXXX
(2) Derivatives (other than options):			788,719	2.38%
(3) Options and agreements to purchase/sell:
TOTAL:			788,719	2.38%

 

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

 

(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
ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary ordinary	CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD 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	350 1,150 350 250 100 600 988 630 370 100 100 50 100 3,350 500 3,700 200 2,000 12 250 200 750 1,000 751 54,599 400 250 400 1,150 500 1,000 100 261 739 100 424 100 76 50 200 50 800 100 100 464 336 1,137 1,315 400 400 280 100 240 218 300 418 100 100 100 100 300 737 300 1,000 400 300 200 400 285 200 700 200 100 1,000	33.72 GBp 33.69 GBp 33.7 GBp 33.75 GBp 33.695 GBp 33.76 GBp 33.8 GBp 33.82 GBp 33.84 GBp 33.83 GBp 33.795 GBp 33.805 GBp 33.99 GBp 33.94 GBp 33.96 GBp 33.93 GBp 33.92 GBp 33.95 GBp 33.955 GBp 33.98 GBp 33.965 GBp 34.01 GBp 33.74 GBp 33.45 GBp 33.4 GBp 33.46 GBp 33.555 GBp 33.575 GBp 33.6 GBp 33 GBp 33.02 GBp 33.01 GBp 32.58 GBp 32.57 GBp 32.59 GBp 32.66 GBp 32.45 GBp 32.6 GBp 32.65 GBp 32.68 GBp 32.745 GBp 32.8 GBp 32.805 GBp 32.81 GBp 33.64 GBp 33.62 GBp 33.52 GBp 33.53 GBp 33.55 GBp 33.58 GBp 33.63 GBp 33.61 GBp 33.57 GBp 33.59 GBp 33.65 GBp 33.71 GBp 33.6516 GBp 33.664 GBp 33.6522 GBp 33.6704 GBp 33.66 GBp 33.56 GBp 33.51 GBp 33.5 GBp 33.54 GBp 33.9 GBp 33.9267 GBp 34.18 GBp 34.2 GBp 34.24 GBp 34.3446 GBp 34.3031 GBp 33.91 GBp 33.9831 GBp

 

(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:	August 1, 2024
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

 

 

RETUASRRSVUWRAR