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
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(a) Identity of the person whose positions/dealings are being disclosed: |
SYQUANT CAPITAL |
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(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient |
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(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 |
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(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: |
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(e) Date position held/dealing undertaken: |
November 14, 2024 |
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(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)
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Class of relevant security:
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ordinary |
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Interests |
Short positions |
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Number |
% |
Number |
% |
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(1) Relevant securities owned and/or controlled: |
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(2) Derivatives (other than options): |
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3,311,351 |
0.95% |
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(3) Options and agreements to purchase/sell: |
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TOTAL: |
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3,311,351 |
0.95% |
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)
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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
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Class of relevant security |
Purchase/sale
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Number of securities |
Price per unit |
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(b) Derivatives transactions (other than options)
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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 |
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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
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CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD
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increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position
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500 8,627 2,643 3,335 800 100 100 3,321 500 3,000 2,800 400 1,213 35 965 500 661 2,612 9 4,438 904 200 13,261 3,944 100 155 200 918 32 100 1 173 26 500 5,307 7,796 600 1,600 1,000 100 1,000 1 200 19 200 100 300 100 100 92 5,271 100 1,231 4,442 1,621 200 4,106 720 111 811 369 100 605 2,267 1,000 1,179 300 32 1,482 100 700 300
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56.05 56.09 56.14 56.16 56.295 56.285 56.29 56.34 56.31 56.32 56.3475 56.345 56.4 56.43 56.2275 56.22 56.19 56.18 56.2 56.17 56.15 56.145 56.1 56.11 55.9775 55.97 55.995 55.99 56 55.975 55.965 55.96 55.98 56.02 56.13 56.12 56.095 56.0925 56.07 56.1025 56.105 56.115 56.1875 56.195 56.185 56.175 56.165 56.1775 56.3425 56.35 56.42 56.425 56.41 56.55 56.52 56.525 56.51 56.56 56.595 56.59 56.58 56.575 56.57 56.5 56.4925 56.49 56.5525 56.555 56.54 56.495 56.475 56.47
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(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
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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 |
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(ii) Exercising
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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)
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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
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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
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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
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
Date of disclosure: |
November 15, 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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