Form 8.3 - International Paper Company

Syquant Capital

21 October 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	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:	October 18, 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:	ordinary
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:
(2) Derivatives (other than options):			2,624,847	0.75%
(3) Options and agreements to purchase/sell:
TOTAL:			2,624,847	0.75%

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 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 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 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 CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD 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 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position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position	10,200 200 5,624 1,391 1,922 7,501 6,912 1,190 1,682 1,224 60 7 493 2,796 4,166 110 772 513 5,900 100 2,215 4,720 8,266 56 1,000 1,000 3,502 18,970 2,090 8 1,664 200 1,365 618 400 437 1,058 100 1,639 4,793 190 1,984 5 300 100 300 100 168 100 95 77 100 1,044 14 1,512 430 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 45 100 100 100 100 100 100 100 100 100 100 100 200 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 73 60 44 32 100 100 100 100 100 100 100 38 27 100 400 33 100 100 68 100 100 200 100 200 100 200 100 100 100 100 200 100 100 15 100 100 100 100 100 100 100 100 200 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 200 100 100 154 100 100 100 100 100 100 100 100 76 57 100 100 100 200 100 100 100 100 100 4 200 100 134 100 100 200 100 25 100 200 100 100 100 100 45 28 200 100 100 200 100 100 100 300 100 100 100 100 55 100 100 200 100 100 11 25 14 100 100 100 142 300 200 400 200 400 100 400 100 600 100 200 100 200 1,087 100 900 200 13 100 546 81 10,896	46.16 GBp 46.15 GBp 46.19 GBp 46.2 GBp 46.21 GBp 46.22 GBp 46.17 GBp 46.08 GBp 46.07 GBp 46.09 GBp 46.095 GBp 46.12 GBp 46.11 GBp 46.25 GBp 46.26 GBp 46.24 GBp 46.23 GBp 46.18 GBp 46 GBp 46.005 GBp 45.96 GBp 45.95 GBp 45.9 GBp 45.905 GBp 45.98 GBp 45.97 GBp 45.91 GBp 45.89 GBp 45.88 GBp 45.885 GBp 45.87 GBp 45.895 GBp 45.83 GBp 45.82 GBp 45.81 GBp 45.85 GBp 45.84 GBp 45.86 GBp 45.93 GBp 45.94 GBp 45.92 GBp 45.945 GBp 45.935 GBp 45.9387 GBp 45.941 GBp 45.9435 GBp 45.9395 GBp 45.915 GBp 45.9273 GBp 45.9248 GBp 45.924 GBp 45.9249 GBp 46.06 GBp 46.065 GBp 46.05 GBp 46.04 GBp 46.019 GBp 46.0249 GBp 46.0287 GBp 46.0367 GBp 46.0751 GBp 46.0762 GBp 46.0777 GBp 46.0876 GBp 46.1121 GBp 46.1132 GBp 46.1189 GBp 46.1199 GBp 46.1382 GBp 46.1401 GBp 46.1385 GBp 46.1222 GBp 46.1179 GBp 46.1172 GBp 46.1149 GBp 46.1032 GBp 46.0792 GBp 46.0374 GBp 46.0417 GBp 46.0447 GBp 46.1017 GBp 46.1158 GBp 46.14 GBp 46.1499 GBp 46.164 GBp 46.1652 GBp 46.1608 GBp 46.1849 GBp 46.2004 GBp 46.2158 GBp 46.2046 GBp 46.191 GBp 46.1528 GBp 46.151 GBp 46.1287 GBp 46.1397 GBp 46.1472 GBp 46.1738 GBp 46.1792 GBp 46.1779 GBp 46.188 GBp 46.2243 GBp 46.224 GBp 46.2246 GBp 46.2241 GBp 46.212 GBp 46.2109 GBp 46.2058 GBp 46.2384 GBp 46.233 GBp 46.2618 GBp 46.2787 GBp 46.3011 GBp 46.3307 GBp 46.3381 GBp 46.34 GBp 46.3499 GBp 46.349 GBp 46.3549 GBp 46.3304 GBp 46.3448 GBp 46.3461 GBp 46.3466 GBp 46.3443 GBp 46.3447 GBp 46.3445 GBp 46.3478 GBp 46.3347 GBp 46.3298 GBp 46.3338 GBp 46.3522 GBp 46.3525 GBp 46.3526 GBp 46.35 GBp 46.3501 GBp 46.3407 GBp 46.33 GBp 46.3297 GBp 46.323 GBp 46.3232 GBp 46.3176 GBp 46.3031 GBp 46.3016 GBp 46.2964 GBp 46.279 GBp 46.2785 GBp 46.2791 GBp 46.2812 GBp 46.2762 GBp 46.2898 GBp 46.2911 GBp 46.3076 GBp 46.3208 GBp 46.319 GBp 46.3269 GBp 46.3271 GBp 46.3248 GBp 46.3642 GBp 46.3625 GBp 46.3674 GBp 46.3687 GBp 46.3823 GBp 46.4027 GBp 46.4304 GBp 46.4398 GBp 46.449 GBp 46.4476 GBp 46.4396 GBp 46.4218 GBp 46.4086 GBp 46.4038 GBp 46.4022 GBp 46.3947 GBp 46.4001 GBp 46.399 GBp 46.3948 GBp 46.3927 GBp 46.4009 GBp 46.4021 GBp 46.4041 GBp 46.4112 GBp 46.412 GBp 46.4128 GBp 46.4147 GBp 46.4152 GBp 46.414 GBp 46.4156 GBp 46.4108 GBp 46.4098 GBp 46.4122 GBp 46.4115 GBp 46.4495 GBp 46.4547 GBp 46.4572 GBp 46.4683 GBp 46.4986 GBp 46.4949 GBp 46.4875 GBp 46.5161 GBp 46.4878 GBp 46.4886 GBp 46.4749 GBp 46.4796 GBp 46.4702 GBp 46.4725 GBp 46.4721 GBp 46.4882 GBp 46.4782 GBp 46.482 GBp 46.5179 GBp 46.5293 GBp 46.5346 GBp 46.5361 GBp 46.5433 GBp 46.5438 GBp 46.5364 GBp 46.545 GBp 46.5452 GBp 46.5499 GBp 46.5579 GBp 46.5596 GBp 46.5599 GBp 46.56 GBp 46.5664 GBp 46.5682 GBp 46.573 GBp 46.5903 GBp 46.5979 GBp 46.5909 GBp 46.5923 GBp 46.5932 GBp 46.5947 GBp 46.5956 GBp 46.6153 GBp 46.6053 GBp 46.615 GBp 46.6088 GBp 46.6226 GBp 46.6431 GBp 46.6747 GBp 46.6579 GBp 46.658 GBp 46.6627 GBp 46.67 GBp 46.665 GBp 46.68 GBp 46.6815 GBp 46.66 GBp 46.65 GBp 46.6799 GBp 46.64 GBp 46.6762 GBp 46.72 GBp 46.74 GBp 46.6838 GBp 46.75 GBp 46.6966 GBp 46.7425 GBp 46.745 GBp 46.77 GBp 46.79 GBp 46.78 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:	October 21, 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.

 

END