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REG - Syquant Capital Quanex Building Prod Tyman PLC - Form 8.3 - NX US

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RNS Number : 6313Y  Syquant Capital  31 July 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  Quanex Corp
 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:                                      July 30, 2024
 (f)  Has the discloser previously disclosed, or are they today disclosing,      YES-Tyman PLC
 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:                       ordinary

                                                   Interests      Short positions

                                                   Number  %      Number    %
 (1) Relevant securities owned and/or controlled:  XXXXX   XXXXX
 (2) Derivatives (other than options):                            697,339   2.10%
 (3) Options and agreements to purchase/sell:
 TOTAL:                                                           697,339   2.10%

 

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  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
 ordinary                    CFD                  increasing a short position                                                    216                             34.7 GBp

 ordinary                    CFD                  increasing a short position                                                    279                             34.6 GBp

 ordinary                    CFD                  increasing a short position                                                    182                             34.76 GBp

 ordinary                    CFD                  increasing a short position                                                    53                              34.74 GBp

 ordinary                    CFD                  increasing a short position                                                    342                             34.82 GBp

 ordinary                    CFD                  increasing a short position                                                    1,162                           34.86 GBp

 ordinary                    CFD                  increasing a short position                                                    190                             34.87 GBp

 ordinary                    CFD                  increasing a short position                                                    585                             34.84 GBp

 ordinary                    CFD                  increasing a short position                                                    90                              34.88 GBp

 ordinary                    CFD                  increasing a short position                                                    450                             34.555 GBp

 ordinary                    CFD                  increasing a short position                                                    1,002                           34.54 GBp

 ordinary                    CFD                  increasing a short position                                                    24                              34.57 GBp

 ordinary                    CFD                  increasing a short position                                                    542                             34.56 GBp

 ordinary                    CFD                  increasing a short position                                                    100                             34.69 GBp

 ordinary                    CFD                  increasing a short position                                                    602                             34.68 GBp

 ordinary                    CFD                  increasing a short position                                                    1,250                           34.64 GBp

 ordinary                    CFD                  increasing a short position                                                    524                             34.72 GBp

 ordinary                    CFD                  increasing a short position                                                    64                              34.71 GBp

 ordinary                    CFD                  increasing a short position                                                    100                             34.745 GBp

 ordinary                    CFD                  increasing a short position                                                    500                             34.1 GBp

 ordinary                    CFD                  increasing a short position                                                    1,000                           34.12 GBp

 ordinary                    CFD                  increasing a short position                                                    1,660                           34.14 GBp

 ordinary                    CFD                  increasing a short position                                                    90                              34.15 GBp

 ordinary                    CFD                  increasing a short position                                                    350                             34.04 GBp

 ordinary                    CFD                  increasing a short position                                                    685                             34 GBp

 ordinary                    CFD                  increasing a short position                                                    210                             34.01 GBp

 ordinary                    CFD                  increasing a short position                                                    778                             33.91 GBp

 ordinary                    CFD                  increasing a short position                                                    208                             33.97 GBp

 ordinary                    CFD                  increasing a short position                                                    42                              33.98 GBp

 ordinary                    CFD                  increasing a short position                                                    50                              33.96 GBp

 ordinary                    CFD                  increasing a short position                                                    700                             33.95 GBp

 ordinary                    CFD                  increasing a short position                                                    274                             33.94 GBp

 ordinary                    CFD                  increasing a short position                                                    250                             33.99 GBp

 ordinary                    CFD                  increasing a short position                                                    605                             34.02 GBp

 ordinary                    CFD                  increasing a short position                                                    1,726                           33.9 GBp

 ordinary                    CFD                  increasing a short position                                                    474                             33.92 GBp

 ordinary                    CFD                  increasing a short position                                                    200                             33.905 GBp

 ordinary                    CFD                  increasing a short position                                                    101                             33.915 GBp

 ordinary                    CFD                  increasing a short position                                                    100                             33.925 GBp

 ordinary                    CFD                  increasing a short position                                                    49                              33.945 GBp

 ordinary                    CFD                  increasing a short position                                                    248                             33.93 GBp

 ordinary                    CFD                  increasing a short position                                                    452                             33.84 GBp

 ordinary                    CFD                  increasing a short position                                                    458                             33.83 GBp

 ordinary                    CFD                  increasing a short position                                                    90                              33.85 GBp

 ordinary                    CFD                  increasing a short position                                                    50                              33.835 GBp

 ordinary                    CFD                  increasing a short position                                                    1,077                           33.79 GBp

 ordinary                    CFD                  increasing a short position                                                    200                             33.795 GBp

 ordinary                    CFD                  increasing a short position                                                    264                             33.8 GBp

 ordinary                    CFD                  increasing a short position                                                    693                             33.78 GBp

 ordinary                    CFD                  increasing a short position                                                    1,266                           33.77 GBp

 ordinary                    CFD                  increasing a short position                                                    2,741                           33.7 GBp

 ordinary                    CFD                  increasing a short position                                                    10                              33.715 GBp

 ordinary                    CFD                  increasing a short position                                                    200                             33.72 GBp

 ordinary                    CFD                  increasing a short position                                                    249                             33.71 GBp

 ordinary                    CFD                  increasing a short position                                                    250                             33.61 GBp

 ordinary                    CFD                  increasing a short position                                                    250                             33.6 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                           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:  July 31, 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 (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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