Source - RNS
RNS Number : 4754K
Citigroup Derivatives Markets Inc
10 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 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

09 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%

58,743                   0.01%

(2) Derivatives (other than options)

 

 

(3) Options and agreements to purchase/sell

319,000                     0.07%

165,900                 0.04%

Total

337,965                      0.07%

224,643               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)

Purchase

100

51.8666

Purchase

100

51.87

Sale

10

52.27

Sale

400

52.27

Sale

90

52.27

Sale

6200

51.85

Sale

200

51.88

Sale

1100

51.88

Sale

100

51.88

Sale

500

51.9

Sale

200

51.9

Sale

2900

51.92

 

 

(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

6200

35

AMERICAN

18/01/2019

17.15

Call

Purchasing

100

35

AMERICAN

18/01/2019

17.18

Call

Purchasing

200

35

AMERICAN

18/01/2019

17.18

Call

Purchasing

1100

35

AMERICAN

18/01/2019

17.18

Call

Purchasing

200

35

AMERICAN

18/01/2019

17.2

Call

Purchasing

500

35

AMERICAN

18/01/2019

17.2

Call

Purchasing

2900

35

AMERICAN

18/01/2019

17.22

Call

Purchasing

300

52

AMERICAN

13/04/2018

0.88

Call

Purchasing

400

52

AMERICAN

13/04/2018

0.87

Call

Purchasing

300

52.5

AMERICAN

13/04/2018

0.6

 

 

(ii)      Exercising

 

Product name, e.g.call option

Number of securities

Exercise price per unit (Note 4)

 

 

(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

10 April 2018

Contact name

Ryan McCabe

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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