Form 8.3 - International Paper Company

Syquant Capital

24 September 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:	September 23, 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):			2,309,742	0.66%
(3) Options and agreements to purchase/sell:
TOTAL:			2,309,742	0.66%

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	CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD CFD 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	900 100 349 3,940 1,141 55 145 200 461 100 100 210 651 878 100 100 100 600 332 100 168 300 100 500 100 100 100 300 100 200 950 100 100 100 100 100 500 400 300 200 200 100 100 100 100 100 100 300 412 37 63 400 800 500 800 600 400 200 100 88 195 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 200 100 100 100 100 100 100 200 100 100 100 100 100 91 100 100 100 100 100 20 100 100 100 42 72 100 200 100 100 100 200	48.5 GBp 48.445 GBp 48.43 GBp 48.45 GBp 48.44 GBp 48.4 GBp 48.41 GBp 48.42 GBp 48.48 GBp 48.535 GBp 48.56 GBp 48.49 GBp 48.47 GBp 48.46 GBp 48.52 GBp 48.53 GBp 48.54 GBp 48.17 GBp 48.15 GBp 48.18 GBp 48.16 GBp 48.19 GBp 48.205 GBp 48.22 GBp 48.21 GBp 48.2 GBp 48.225 GBp 48.24 GBp 48.255 GBp 48.265 GBp 48.28 GBp 48.2449 GBp 48.335 GBp 48.345 GBp 48.36 GBp 48.33 GBp 48.27 GBp 48.25 GBp 48.3 GBp 48.29 GBp 48.26 GBp 48.2713 GBp 48.295 GBp 48.285 GBp 48.23 GBp 48.1 GBp 48.105 GBp 48.05 GBp 47.98 GBp 47.97 GBp 47.96 GBp 47.99 GBp 48 GBp 48.01 GBp 48.02 GBp 48.03 GBp 48.04 GBp 48.06 GBp 48.08 GBp 48.07 GBp 48.13 GBp 48.11 GBp 48.32 GBp 48.3111 GBp 48.3459 GBp 48.34 GBp 48.2935 GBp 48.2857 GBp 48.3204 GBp 48.307 GBp 48.3213 GBp 48.3263 GBp 48.3297 GBp 48.3404 GBp 48.3346 GBp 48.3147 GBp 48.3217 GBp 48.3136 GBp 48.3149 GBp 48.3278 GBp 48.3195 GBp 48.3128 GBp 48.3075 GBp 48.3474 GBp 48.3473 GBp 48.3487 GBp 48.3554 GBp 48.3624 GBp 48.3769 GBp 48.4646 GBp 48.4628 GBp 48.4611 GBp 48.4619 GBp 48.4618 GBp 48.437 GBp 48.4209 GBp 48.4195 GBp 48.38 GBp 48.4171 GBp 48.4481 GBp 48.4316 GBp 48.4565 GBp 48.4558 GBp 48.4583 GBp 48.4548 GBp 48.4512 GBp 48.454 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:	September 24, 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