Significant Shareholder Update on International Paper Company
Key Information Update Regarding International Paper Company Holdings
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
As per Rule 8.3 of the Takeover Code
1. Key Information
(a) Full name of discloser: Danske Bank A/S
(b) Owner or controller of interests:
The disclosure doesn’t name a specific controller.
(c) Name of offeror/offeree:
International Paper Company
(d) Is there a connection with an exempt fund manager? None.
(e) Date position held: Latest position before disclosure.
(f) Any other parties involved?
N/A
Position Details of the Discloser
If there are securities in more than one class to disclose, further information will follow.
(a) Interest and short positions in relevant securities:
Class of relevant security: Equity
Interests: 137,608 securities (0.04%)
Total: All interests disclosed.
Details of Rights to Subscribe for New Securities
(b) Rights in relation to securities: No new information available.
Dealings by the Discloser
(a) Purchases and Sales:
Class of relevant security: Equity
Type: Buy - 1,300 units at a price of 58.59 per unit.
Additional Trading Activities
(b) Cash-settled derivative transactions: None reported.
(c) Stock-settled derivative transactions: None available.
Other Information
(a) Indemnity and arrangements: No agreements currently disclosed.
(b) Options and derivatives: No agreements mentioned.
Contact Information
For further inquiries, please contact Kotryna Cinciuke at +37060405825.
Frequently Asked Questions
What is the disclosure about?
This document outlines the significant shareholding held by Danske Bank in International Paper Company.
Why is this information important?
It provides insight into the ownership structure and potential market impacts regarding International Paper Company.
Who is the discloser?
Danske Bank A/S is the entity making the disclosure regarding its holdings.
What does the term "relevant securities" refer to?
Relevant securities refer to the shares or equity interests in the offeror or offeree, in this case, International Paper Company.
Can I find more details about the rules governing these disclosures?
Yes, the full details of the Takeover Code can be reviewed on the Panel's website.
About The Author
Contact Hannah Lewis here.
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