Source - RNS
RNS Number : 2590K
Citigroup Derivatives Markets Inc
09 April 2018
 

Ap27

 

 

 

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  STATUS, OR WITH RECOGNISED  STATUS BUT NOT DEALING IN A  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

06 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

18,965                       0.00%

47,243                   0.01%

(2) Derivatives (other than options)

 

 

(3) Options and agreements to purchase/sell

292,700                     0.07%

180,000                 0.04%

Total

311,665                      0.07%

227,243                  0.05%

             

 

 

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

 

 

             

 

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          3.       DEALINGS (Note 3)

 

(a)      Purchases and sales

 

Purchase/sale

Number of relevant securities

Price per unit (USD)

Purchase

2600

52.17

Purchase

1700

52.17

Purchase

300

52.17

Purchase

200

52.17

Purchase

175

51.94

Purchase

100

51.94

Purchase

100

51.94

Purchase

100

51.95

Purchase

100

51.89

Purchase

100

51.89

Purchase

100

51.89

Purchase

100

51.89

Purchase

100

51.89

Purchase

100

51.89

Purchase

100

51.89

Purchase

100

51.9

Purchase

100

51.9

Purchase

100

51.905

Purchase

100

51.905

Purchase

100

51.905

Purchase

100

51.91

Purchase

100

51.91

Purchase

100

51.875

Purchase

100

51.88

Purchase

100

51.88

Purchase

100

51.88

Purchase

100

51.885

Purchase

100

51.885

Purchase

100

52.17

Purchase

100

52.17

Purchase

25

51.95

Sale

30

52.2

Sale

70

52.2

Sale

100

52.12

Sale

100

52.205

Sale

100

52.2

Sale

100

52.2

Sale

100

52.2

Sale

100

52.2

Sale

100

52.22

Sale

100

52.22

Sale

100

52.21

Sale

100

52.21

Sale

100

51.9

Sale

100

52.17

Sale

1000

52.125

Sale

1200

52.125

Sale

1700

52.125

Sale

4500

52.17

 

 

(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

2900

57.5

American

18/05/2018

0.36

Call

Purchasing

1900

57.5

American

18/05/2018

0.36

Call

Purchasing

1600

57.5

American

18/05/2018

0.36

Call

Purchasing

1200

57.5

American

18/05/2018

0.36

Call

Purchasing

1200

57.5

American

18/05/2018

0.36

Call

Purchasing

1200

57.5

American

18/05/2018

0.36

Call

Purchasing

200

57.5

American

27/04/2018

0.19

Put

Purchasing

100

52

American

27/04/2018

1.63

Put

Purchasing

100

52

American

27/04/2018

1.63

Put

Purchasing

100

52

American

27/04/2018

1.63

Put

Purchasing

100

52

American

27/04/2018

1.63

Put

Purchasing

200

52

American

27/04/2018

1.64

Put

Purchasing

200

52

American

27/04/2018

1.64

 

 

(ii)      Exercising

 

Product name, e.g.call option

Number of securities

Exercise price per unit (Note 4)

Call

1500

59

Call

1000

52

Call

200

52

Call

200

52.5

Call

100

52.5

Call

100

52.5

Call

100

52.5

Call

100

55

Call

100

52.5

Call

100

52.5

Call

100

52.5

Call

100

52

Call

100

51.5

Call

100

53

Call

200

52

Call

200

52.5

Call

200

51

Call

300

52.5

Call

300

53.5

Call

400

54

Call

400

59.5

Call

800

52.5

Call

1000

52

Call

1700

52

Put

5000

52.5

Put

2600

54

Put

1000

52

Put

1000

52

Put

900

54

Put

600

52

Put

400

54

Put

300

53.5

Put

200

52

Put

100

53.5

Put

100

53.5

Put

100

57.5

Put

200

52

Put

400

54

Put

600

52

Put

900

54

Put

1000

52

Put

1000

52

Put

3800

52

Put

4500

55

 

 

(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)

 

 

 

 

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   4.       OTHER INFORMATION

 

Agreements, arrangements or understandings relating to options or derivatives

 

Full details of any agreement, arrangement or understanding between the person              

               or future acquisition 

or disposal of any relevant securities to which any derivative referred            

 

 

 

 

 

 

 

 

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

 

 

Date of disclosure

09 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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