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REG - Syquant Capital International Paper Smith (DS) PLC - Form 8.3 - International Paper Company

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RNS Number : 4838V  Syquant Capital  31 January 2025

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  International Paper Company
 relates:

      Use a separate form for each offeror/offeree
 (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:                                      January 30, 2025
 (f)  Has the discloser previously disclosed, or are they today disclosing,      YES - DS Smith PLC Common Stock
 under the Code in respect of any other party to this offer?

 

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:                       common stock

                                                   Interests      Short positions

                                                   Number  %      Number     %
 (1) Relevant securities owned and/or controlled:
 (2) Derivatives (other than options):                            6,005,594  1.72%
 (3) Options and agreements to purchase/sell:
 TOTAL:                                                           6,005,594  1.72%

 

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

 Common stock                Purchase       15,351                57.05 usd

 Common stock                Sale           15,351                56.6579 usd

 

(b)        Derivatives transactions (other than options)

 

 Class of relevant security  Product description  Nature of dealing                                                              Number of reference securities  Price per unit

                             e.g. CFD             e.g. opening/closing a long/short position, increasing/reducing a long/short
                                                  position

                                                                                                                                                                 In USD
 common stock                CFD                  increasing a short position                                                    1,000                           57.7

 common stock                CFD                  increasing a short position                                                    2,020                           57.32

 common stock                CFD                  increasing a short position                                                    1,951                           57

 common stock                CFD                  increasing a short position                                                    392                             56.99

 common stock                CFD                  increasing a short position                                                    520                             56.51

 common stock                CFD                  increasing a short position                                                    26                              56.49

 common stock                CFD                  increasing a short position                                                    210                             56.47

 common stock                CFD                  increasing a short position                                                    140                             56.48

 common stock                CFD                  increasing a short position                                                    514                             56.24

 common stock                CFD                  increasing a short position                                                    7,360                           56.7

 common stock                CFD                  increasing a short position                                                    1,230                           56.65

 common stock                CFD                  increasing a short position                                                    2,610                           56.5

 common stock                CFD                  increasing a short position                                                    2,800                           56.6

 common stock                CFD                  increasing a short position                                                    225                             56.32

 common stock                CFD                  increasing a short position                                                    1,000                           56.57

 common stock                CFD                  increasing a short position                                                    1,600                           56.56

 common stock                CFD                  increasing a short position                                                    400                             56.58

 common stock                CFD                  increasing a short position                                                    370                             56.53

 common stock                CFD                  increasing a short position                                                    1,200                           56.52

 common stock                CFD                  increasing a short position                                                    325                             56.46

 common stock                CFD                  increasing a short position                                                    1,065                           56.45

 common stock                CFD                  increasing a short position                                                    375                             56.4

 common stock                CFD                  increasing a short position                                                    6,059                           56.2

 common stock                CFD                  increasing a short position                                                    1,000                           55.94

 common stock                CFD                  increasing a short position                                                    2,000                           55.35

 common stock                CFD                  increasing a short position                                                    1,000                           55.44

 common stock                CFD                  increasing a short position                                                    4,000                           55.5

 common stock                CFD                  increasing a short position                                                    2,000                           54.9

 common stock                CFD                  increasing a short position                                                    6,400                           55.75

 common stock                CFD                  increasing a short position                                                    5,000                           55.98

 common stock                CFD                  increasing a short position                                                    36,000                          56.3

 common stock                CFD                  increasing a short position                                                    10,700                          56.97

 common stock                CFD                  increasing a short position                                                    335                             56.915

 common stock                CFD                  increasing a short position                                                    6,116                           56.9

 common stock                CFD                  increasing a short position                                                    4,360                           57.08

 common stock                CFD                  increasing a short position                                                    575                             57.09

 common stock                CFD                  increasing a short position                                                    65                              57.105

 common stock                CFD                  increasing a short position                                                    3,166                           57.2

 common stock                CFD                  increasing a short position                                                    1,087                           57.19

 common stock                CFD                  increasing a short position                                                    4,803                           57.16

 common stock                CFD                  increasing a short position                                                    140                             57.17

 common stock                CFD                  increasing a short position                                                    57                              57.165

 common stock                CFD                  increasing a short position                                                    2,606                           57.31

 common stock                CFD                  increasing a short position                                                    902                             57.3

 common stock                CFD                  increasing a short position                                                    563                             57.26

 common stock                CFD                  increasing a short position                                                    8,188                           57.25

 common stock                CFD                  increasing a short position                                                    300                             57.27

 common stock                CFD                  increasing a short position                                                    400                             57.265

 common stock                CFD                  increasing a short position                                                    402                             57.43

 common stock                CFD                  increasing a short position                                                    1,917                           57.55

 common stock                CFD                  increasing a short position                                                    3,900                           57.5

 common stock                CFD                  increasing a short position                                                    470                             57.51

 common stock                CFD                  increasing a short position                                                    100                             57.52

 common stock                CFD                  increasing a short position                                                    7,333                           57.57

 common stock                CFD                  increasing a short position                                                    170                             57.59

 common stock                CFD                  increasing a short position                                                    1,019                           57.58

 common stock                CFD                  increasing a short position                                                    410                             57.45

 common stock                CFD                  increasing a short position                                                    2,592                           57.41

 common stock                CFD                  increasing a short position                                                    320                             57.42

 common stock                CFD                  increasing a short position                                                    200                             57.3112

 common stock                CFD                  increasing a short position                                                    100                             57.28

 common stock                CFD                  increasing a short position                                                    100                             57.1906

 common stock                CFD                  increasing a short position                                                    100                             57.2364

 common stock                CFD                  increasing a short position                                                    100                             57.2695

 common stock                CFD                  increasing a short position                                                    200                             57.2822

 common stock                CFD                  increasing a short position                                                    200                             57.2763

 common stock                CFD                  increasing a short position                                                    100                             57.2254

 common stock                CFD                  increasing a short position                                                    100                             57.1715

 common stock                CFD                  increasing a short position                                                    100                             57.1767 G

 common stock                CFD                  increasing a short position                                                    100                             57.178

 common stock                CFD                  increasing a short position                                                    100                             57.2412

 common stock                CFD                  increasing a short position                                                    100                             57.1448

 common stock                CFD                  increasing a short position                                                    100                             57.1325

 common stock                CFD                  increasing a short position                                                    200                             57.1314

 common stock                CFD                  increasing a short position                                                    200                             57.1404

 common stock                CFD                  increasing a short position                                                    100                             57.1392

 common stock                CFD                  increasing a short position                                                    100                             57.1577

 common stock                CFD                  increasing a short position                                                    100                             57.2751

 common stock                CFD                  increasing a short position                                                    100                             57.2883

 common stock                CFD                  increasing a short position                                                    100                             57.2895

 common stock                CFD                  increasing a short position                                                    100                             57.2608

 common stock                CFD                  increasing a short position                                                    100                             57.2516

 common stock                CFD                  increasing a short position                                                    100                             57.2211

 common stock                CFD                  increasing a short position                                                    100                             57.082

 common stock                CFD                  increasing a short position                                                    100                             57.0722

 common stock                CFD                  increasing a short position                                                    900                             56.96

 common stock                CFD                  increasing a short position                                                    200                             56.91

 common stock                CFD                  increasing a short position                                                    200                             56.93

 common stock                CFD                  increasing a short position                                                    300                             56.94

 common stock                CFD                  increasing a short position                                                    100                             56.9813

 common stock                CFD                  increasing a short position                                                    600                             56.95

 common stock                CFD                  increasing a short position                                                    500                             56.92

 common stock                CFD                  increasing a short position                                                    300                             56.98

 common stock                CFD                  increasing a short position                                                    200                             57.01

 common stock                CFD                  increasing a short position                                                    200                             57.03

 common stock                CFD                  increasing a short position                                                    100                             57.04

 common stock                CFD                  increasing a short position                                                    7,100                           57.05

 common stock                CFD                  increasing a short position                                                    449                             57.06

 common stock                CFD                  increasing a short position                                                    300                             57.14

 common stock                CFD                  increasing a short position                                                    470                             57.15

 common stock                CFD                  increasing a short position                                                    30                              57.155

 common stock                CFD                  increasing a short position                                                    300                             57.18

 common stock                CFD                  increasing a short position                                                    800                             57.21

 common stock                CFD                  increasing a short position                                                    15,351                          56.6579

 

(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                           Expiry date  Option money paid/ received per unit

                                                                                                                                                                                      e.g. American, European etc.

 

(ii)        Exercising

 

 Class of relevant security  Product description  Number of securities  Exercise price per unit

                             e.g. call option

 

(d)        Other dealings (including subscribing for new securities)

 

 Class of relevant security  Nature of dealing               Details  Price per unit (if applicable)

                             e.g. subscription, conversion

 

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:  January 31, 2025
 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 (mailto: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
(http://www.thetakeoverpanel.org.uk) .

 

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