Man Group PLC Discloses Position in International Paper
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FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)
1. KEY INFORMATION
(a) Full name of discloser: Man Group PLC
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):
The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:
Use a separate form for each offeror/offeree International Paper Company
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken:
For an opening position disclosure, state the latest practicable date prior to the disclosure
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
If it is a cash offer or possible cash offer, state “N/A”YES / NO / N/A
Offeree – Smith (DS) plc
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)
Class of relevant security:common stock
(1) Relevant securities owned and/or controlled: Number: 499 / %: 0.00
(2) Cash-settled derivatives:
Number: 618,301 / %: 0.18
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security: common stock
Purchase
Number of securities: 2 / Price per unit: 47.645 USD
Purchase
Number of securities: 3 / Price per unit: 47.310 USD
Purchase
Number of securities: 1,501 / Price per unit: 47.531 USD
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: None
Frequently Asked Questions
What is FORM 8.3?
It is a public opening position disclosure required by the Takeover Code for interests representing 1% or more.
Who is the discloser in this form?
The discloser is Man Group PLC.
What securities are mentioned in this disclosure?
The disclosure relates to the common stock of International Paper Company.
What kind of securities does Man Group hold?
Man Group has interests in common stock and cash-settled derivatives.
How can I contact the disclosing party?
The contact person is Mackenzie Terry, available at +442071441555.
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