Page with Circled Text refers to a proposed or discussed document-style emoji concept rather than an officially approved Unicode emoji. It would likely have represented a sheet of paper containing written lines with one portion circled, suggesting emphasis, review, correction, or something that needs attention. In emoji proposal and Unicode discussion contexts from the mid-2010s, document and office-related symbols were often considered because people wanted clearer ways to express paperwork, forms, homework, contracts, editing, and administrative tasks in chat. This specific concept never became a standard emoji, and it should be understood as a lost, rejected, or unofficial candidate idea rather than a character available across platforms.
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Emoji History The emoji code/ image log of changes.
This emoji was one of the "suggested emojis" the Unicode group unveiled in June 2014 [article], however, it has been, and still is, up to the companies who support emoji in their operating systems to provide not only images but also an algorithm to replace the emoji code into the emoji image.