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): Simply naming nominee or vehicle companies is not adequate. If it involves a trust, the trustee(s), settlor, and beneficiaries must be identified.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: 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, indicate the most recent practicable date prior to the disclosure 16/08/2024
(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), please replicate 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
Interests
Number % Short positions
| Relevant securities owned and/or controlled: | 499 | 0.00 | 619,807 | 0.18 |
| Cash-settled derivatives: | 1,732,218 | 0.50 | ||
| Total: | 499 | 0.00 | 2,352,025 | 0.68 |
3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
(a) Purchases and sales
| Class of relevant security | Purchase/sale | Number of securities | Price per unit |
| common stock | Purchase | 1,124 | 47.051 USD |
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
There are no details of any indemnity, option arrangement, or any agreement or understanding, whether formal or informal, related to relevant securities that may encourage dealing or refraining from dealing entered into by the discloser and any party to the offer or anyone acting in concert with a party to the offer: none
(b) Agreements, arrangements or understandings relating to options or derivatives
No agreements, arrangements, or understandings, formal or informal, regarding the voting rights of any relevant securities under any option have been disclosed: none
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? NO
5. CONTACT INFORMATION
Date of disclosure: 19/08/2024
Contact name: Mackenzie Terry
Telephone number: +442071441555
Public disclosures under Rule 8 of the Code must be submitted to a Regulatory Information Service. For any further inquiries, the Panel’s Market Surveillance Unit is available to assist with the Code’s disclosure requirements.
Frequently Asked Questions
1. What is the purpose of Form 8.3?
Form 8.3 is used for public disclosures regarding interests in relevant securities that represent 1% or more of the total shares.
2. Who is the discloser in this document?
The discloser identified in the form is Man Group PLC.
3. What securities are mentioned in the disclosure?
The disclosure specifically refers to the common stock of International Paper Company.
4. What is the significance of the declared positions?
The declared positions provide insights into both ownership and potential short positions, indicating the strategic stance of Man Group PLC regarding International Paper Company.
5. How does one utilize this disclosure?
This disclosure offers critical insights for investors and analysts about the interests and activities of major stakeholders in public companies.
