Source - RNS
RNS Number : 1549K
Citigroup Derivatives Markets Inc
06 April 2018
 

FORM 38.5(b)

 

IRISH TAKEOVER PANEL

DISCLOSURE UNDER RULE 38.5(b) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013

 

DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RECOGNISED 
INTERMEDIARY STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY

 

1.          KEY INFORMATION

 

Name of exempt principal trader

Citigroup Derivatives Markets Inc.

Company dealt in

International Paper Company

Class of relevant security to which the dealings being disclosed relate (Note 1)

USD1.00 common stock

Date of dealing

05 April 2018

 

2.          INTERESTS AND SHORT POSITIONS

 

(a)         Interests and short positions (following dealing) in the class of relevant security dealt in (Note 2)

 

 

Long

Short

 

Number

 

(%)

Number

 

(%)

(1) Relevant securities

15,965                        0.00%

47,043                   0.01%

(2) Derivatives (other than options)

 

 

(3) Options and agreements to purchase/sell

294,000                     0.07%

190,000                 0.04%

Total

309,965                      0.07%

237,043                   0.05%

             

 

(b)         Interests and short positions in relevant securities of the company, other than the class dealt in (Note 2)

 

Class of relevant security:

Long

Short

 

Number

 

(%)

Number

 

(%)

(1) Relevant securities

 

 

(2) Derivatives (other than options)

 

 

(3) Options and agreements to purchase/sell

 

 

Total

 

 

             

 

Ap28

 

 

3.       DEALINGS (Note 3)

 

(a)      Purchases and sales

 

Purchase/sale

Number of relevant securities

Price per unit (USD)

Sale

300

53.3500

 

 

(a)      Derivatives transactions (other than options transactions)

 

Product name,

e.g. CFD

Nature of transaction

(Note 5)

Number of relevant securities

(Note 6)

Price per unit

(Note 4)

 

 

 

 

 

 

(b)      Options transactions in respect of existing relevant securities

 

 

(i)       Writing, selling, purchasing or varying

 

Product name,

Writing, selling, purchasing, varying etc.

Number of securities to which the option relates (Note 7)

Exercise price

Type, e.g. American, European etc.

Expiry date

Option money paid/received per unit (Note 4)

Call

Purchasing

100

55

American

18/05/2018

1.35

Put

Writing

3000

51

American

13/04/2018

0.2

Put

Writing

2500

49

American

04/05/2018

0.5

Put

Writing

100

55

American

20/04/2018

2

Put

Writing

100

57.5

American

20/07/2018

5.4

Put

Purchasing

-100

52.5

American

13/04/2018

0.57

Put

Purchasing

-100

52.5

American

13/04/2018

0.57

Put

Purchasing

-100

52.5

American

13/04/2018

0.57

Put

Purchasing

-100

52.5

American

13/04/2018

0.57

Put

Purchasing

-100

52.5

American

13/04/2018

0.57

Put

Purchasing

-100

52.5

American

13/04/2018

0.57

Put

Purchasing

-100

52.5

American

13/04/2018

0.57

Put

Purchasing

-100

52.5

American

13/04/2018

0.58

Put

Purchasing

-100

52.5

American

13/04/2018

0.57

Put

Purchasing

-100

52.5

American

13/04/2018

0.57

Put

Purchasing

-300

52.5

American

13/04/2018

0.57

Put

Purchasing

-300

52.5

American

13/04/2018

0.57

 

 

(ii)      Exercising

Product name,

Number of securities

Exercise price per unit (Note 4)

e.g. call option

 

 

(c)      Other dealings (including transactions in respect of new securities) (Note 3)

 

Nature of transaction

(Note 7)

Details

Price per unit

(if applicable) (Note 4)

 

 

 

 

Ap29

 

4.       OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities 
under any option referred to on this form or relating to the voting rights or future acquisition 
or disposal of any relevant securities to which any derivative referred to on this form is referenced. 
If none, this should be stated.

 

 

 

 

 

 

 

 

Is a Supplemental Form 38.5(b) attached? (Note 8)                    NO

 

 

Date of disclosure

06 April 2018

Contact name

Cathal McKenna

Telephone number

0044 (0)28 90409 544

Name of offeree/offeror with which connected

Smurfit Kappa Group Plc

Nature of connection (Note 9)

Financial Advisor

 

 

 


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