Form 8.3 - International Paper

Syquant Capital

08 October 2024

 

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:	October 7, 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):			2,398,946	0.69%
(3) Options and agreements to purchase/sell:
TOTAL:			2,398,946	0.69%

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	CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD 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 increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position increasing a short position	100 300 590 100 1,062 1,559 1,319 103 138 400 300 100 3,200 400 300 100 775 360 163 170 30 1,300 400 200 100 100 256 1,400 718 200 200 240 100 100 40 500 200 400 1,000 500 100 300 100 100 200 100 100 100 100 100 200 300 621 100 700 600 400 100 100 500 1,179 1,300 100 300 100 200 400 100 300 300 300 100 100 300 200 100 100 527 100 100 47 200 100 100 200 200 200 100 100 100 100 200 100 100 100 300 200 100 200 400 200 200 200 100 400 800 1,297 1,600 799 100 400 1,300 603 200 700 100 200 200 669 31,302 100 173 1,327 900 100 500 1,733	47.24 GBp 47.25 GBp 47.27 GBp 47.26 GBp 47.29 GBp 47.31 GBp 47.32 GBp 47.28 GBp 47.295 GBp 47.33 GBp 47.335 GBp 47.305 GBp 47.39 GBp 47.405 GBp 47.3639 GBp 47.3531 GBp 47.34 GBp 47.3 GBp 47.275 GBp 47.35 GBp 47.37 GBp 47.4 GBp 47.378 GBp 47.3378 GBp 47.3323 GBp 47.23 GBp 47.22 GBp 47.19 GBp 47.195 GBp 47.21 GBp 47.2 GBp 47.205 GBp 47.315 GBp 47.265 GBp 47.325 GBp 47.3558 GBp 47.36 GBp 47.3282 GBp 47.41 GBp 47.3857 GBp 47.3922 GBp 47.3985 GBp 47.3983 GBp 47.3988 GBp 47.3998 GBp 47.395 GBp 47.4029 GBp 47.4049 GBp 47.415 GBp 47.4238 GBp 47.4217 GBp 47.42 GBp 47.44 GBp 47.445 GBp 47.5 GBp 47.46 GBp 47.47 GBp 47.465 GBp 47.475 GBp 47.4485 GBp 47.48 GBp 47.49 GBp 47.51 GBp 47.53 GBp 47.4998 GBp 47.5013 GBp 47.5032 GBp 47.4886 GBp 47.4867 GBp 47.45 GBp 47.4775 GBp 47.4732 GBp 47.4596 GBp 47.4717 GBp 47.4721 GBp 47.4745 GBp 47.4944 GBp 47.43 GBp 47.4966 GBp 47.4951 GBp 47.4967 GBp 47.4929 GBp 47.425 GBp 47.4927 GBp 47.492 GBp 47.4913 GBp 47.4225 GBp 47.4259 GBp 47.4326 GBp 47.4399 GBp 47.4449 GBp 47.485 GBp 47.4495 GBp 47.505 GBp 47.4603 GBp 47.52 GBp 47.4699 GBp 47.4758 GBp 47.55 GBp 47.56 GBp 47.5134 GBp 47.57 GBp 47.59 GBp 47.61 GBp 47.62 GBp 47.63 GBp 47.65 GBp 47.66 GBp 47.67 GBp 47.5971 GBp 47.608 GBp 47.6095 GBp 47.655 GBp 47.6209 GBp 47.64 GBp 47.635 GBp 47.645 GBp 47.675 GBp 47.68 GBp 47.69 GBp 47.685 GBp 47.715 GBp 47.71 GBp 47.725 GBp 47.73 GBp 47.745 GBp 47.72 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 8, 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