Man Group PLC Files Disclosure with International Paper Company
Man Group PLC Updates on International Paper Company Disclosure
Man Group PLC has reported a public opening position disclosure regarding its interests in International Paper Company. This disclosure comes under Rule 8.3 of the Takeover Code, highlighting the company's commitment to maintaining transparency in its investment activities.
Key Information Regarding the Disclosure
The key aspects of the disclosure include the following:
Discloser: The report indicates that Man Group PLC is the discloser, responsible for reporting relevant positions.
Relevant Securities: It includes details about the ownership of shares in International Paper Company, a leading supplier of fiber-based packaging products and paper.
As the disclosure requires a specific format, it outlines the identification of interests and short positions relating to the relevant securities held by Man Group.
Positions of Man Group PLC
Man Group PLC must indicate both interests and short positions in International Paper Company as part of this regulated statement. The positions are divided into categories that provide insights into both holdings and any derivative positions.
Relevant Securities Owned: Man Group PLC disclosed ownership of a total of 71,517 shares, amounting to 0.02% of common stock in International Paper Company.
Cash-Settled Derivatives: There exist additional substantial cash-settled derivatives, totaling 1,756,243 shares, which represent 0.51% of the common stock.
Details on Derivative Positions
In addition to shares, it is crucial to examine any open stock-settled derivative positions relating to International Paper Company, as this can reflect the organization’s strategic considerations in the marketplace.
Understanding these positions allows investors and market analysts to gauge the company's financial health and strategic direction.
Dealing Disclosure by Man Group PLC
The dealings made by Man Group PLC include various transactions concerning its holdings in International Paper Company. Here are some critical transactions reported:
- Sales of Common Stock: Man Group PLC sold 41 shares at 49.370 USD and 2,119 shares at 49.614 USD, indicating active management of its position.
- Purchases: In a strategic move, the company also acquired 5,329 shares for 49.757 USD, possibly showing confidence in the company's future performance.
These transactions not only provide a snapshot of Man Group’s trading strategy but also illustrate its involvement in the capital markets.
Additional Information and Contact Details
No supplementary forms or collateral agreements have been disclosed at this time, reflecting a straightforward approach to the disclosure requirements.
For any inquiries regarding the disclosures or for more information, the following contact information for Man Group PLC is provided:
Contact Name: Mackenzie Terry
Telephone: +442071441555
This transparency demonstrates Man Group's adherence to regulatory standards and its commitment to providing clarity to its stakeholders.
Frequently Asked Questions
1. What is the purpose of the disclosure?
The disclosure serves to inform the market and stakeholders about Man Group PLC's financial interests in International Paper Company, providing essential transparency in accordance with regulatory requirements.
2. How many shares does Man Group PLC own in International Paper?
Man Group PLC owns 71,517 shares of International Paper Company, representing approximately 0.02% of the total common stock.
3. Are there any derivatives reported in the disclosure?
Yes, there are cash-settled derivatives totaling 1,756,243 shares reported, representing 0.51% of the common stock.
4. Who can I contact for more information regarding the disclosure?
For further inquiries, you can contact Mackenzie Terry at +442071441555.
5. What regulatory code governs this disclosure?
This disclosure is made under Rule 8.3 of the Takeover Code, which mandates specific reporting standards for market participants.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- Blue Matter Expands Influence with Acquisition of Sam Brown Inc.
- OPAL Fuels Secures Funding with $11.1 Million IRA Tax Credits Sale
- transmodus Strengthens Market Position with 360-Five Digital Acquisition
- Innovative AI Solutions Shaping the Future of Stellantis Manufacturing
- AppTech Payments Boosts Growth with New Strategic Partnership
- Unlock Forex Trading Opportunities in Nigeria with Octa
- PJT Partners to Strengthen Presence with deNovo Partners Acquisition
- Procaps Group's Strategy for Restructuring and Growth
- Simon Expands Busan Premium Outlets with Exciting Features
- GM Expands EV Charging Access with Tesla Supercharger Deal
Recent Articles
- Comprehensive Overview of Eckoh Plc's Trading Actions
- Insights on Man Group PLC's Recent Disclosure and Positioning
- Pontosense Expands Pet Care Solutions with RExSense Acquisition
- Man Group PLC Discloses Significant Position in Keywords Studios
- Strengthening Cybersecurity: HYAS Infosec Partners with ConnectWise
- Man Group PLC Discloses Positions in Darktrace plc Securities
- Stonepeak Expands Global Reach with New Abu Dhabi Office
- Options Technology Expands Global Footprint with Dubai Office Launch
- Understanding Air Travel Trends: Why Airports Thrive Despite Costs
- Team Air Expands Georgia Operations with New Branches
- WEBTOON Entertainment Inc. Faces Investor Class Action Lawsuit
- Pranav Dalal Recognized for Leadership Excellence at Office Beacon
- New Fortress Energy Investors Urged to Join Class Action Lawsuit
- POINT.ME Secures $15M in Series B to Transform Travel Rewards
- Intuitive Machines Soars with NASA Contract, Stocks to Watch
- Dulcedo Group's Strategic Move to Enhance Influencer Marketing
- DeepL Enhances Communication with New Glossary Generator
- Roundhill Investments Updates on XDTE and QDTE Distributions
- The Importance of Global Employment in Today's Business World
- zuMedia Secures Innovative Patent for BACKSKIN Technology
- Panera Bread Celebrates Soup Season with Exciting Additions
- Emerging Trends in Affordable Housing across the U.S.
- KBR Secures Major Contract for Modernizing NAVAIR Systems
- Broad Bipartisan Support for Family Assistance Initiatives
- Fleet Leaders Embrace Electrification Amid EV Market Changes
- Empowering Hispanic Drivers: Hyundai's 2025 Tucson Campaign
- Why 3D Systems (DDD) Is Gaining Attention in the Market
- Why Billionaire Investors Are Shifting from Nvidia to Giants
- Danske Bank A/S Management Transactions Clarified
- Man Group's Recent Disclosure on AngloGold Ashanti Holdings
- JPMorgan's Jamie Dimon Critiques Social Media Impact on Youth
- Pizza Hut's Creative Initiative for Job Seekers in NYC
- BMO Capital Markets Boosts Ubisoft Shares with Positive Outlook
- Stock Market Anticipates Federal Reserve's Potential Rate Cut
- Global Investors Weigh Fed's Impact Amid China Concerns
- Maximizing Investment Potential with Vanguard ETF Insights
- Michael Dell: A Journey from Dorm Room to Tech Titan
- Discover the AI Growth Potential of Oracle Corporation
- Innovative Advanced Recycling Technologies Set for Massive Growth
- Understanding the Latest Fund Prices from WisdomTree
- Sampo plc's Key Share Transaction Notification Overview
- Subsea 7 S.A. Unveils Performance Shares for 2022 Incentive Plan
- Unique Insights on Shoppers Supporting Smaller Retailers
- CMC Metals Engages Micon for Silver Hart Project Resource Estimate
- China's Strong Warning on EU Electric Vehicle Tariffs Impact
- Northwestern State University Celebrates Nursing Excellence with Awards
- Join the 2024 FBE Awards for Innovation in Food & Beverage
- Understanding iPhone Lead Times: Insights from Bernstein Analysis
- UBS Analysts Anticipate Growth Opportunities for Tech Stocks
- Navigating The Federal Reserve's Upcoming Rate Decision