News

Man Group PLC Updates Investors on International Paper Holdings

Man Group PLC Updates Investors on International Paper Holdings

Key Information Disclosure by Man Group PLC

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

1. Key Information

(a) Full Name of Discloser: Man Group PLC

(b) Owner or Controller of Interests: No additional information provided.

(c) Name of Offeror/Offeree: International Paper Company

(d) Exempt Fund Manager Details: Not applicable.

(e) Date Position Held: Relevant position disclosure date prior to the latest information provided.

(f) Are You Disclosing for Any Other Party? Yes / No / N/A Offeree – Smith (DS) plc.

2. Positions of the Person Making the Disclosure

If there are multiple classes of relevant securities, the following details are shared:

(a) Interests and Short Positions in Relevant Securities:

Class of Relevant Security: Common stock

Interests: Number: 103,238 Percentage: 0.03%

Short Positions: Number: 695,165 Percentage: 0.20%

Total: Interests: 103,238 Percentage: 0.03% Short Positions: 2,455,554 Percentage: 0.71%

All interests and short positions are adequately disclosed.

3. Dealings by the Person Making the Disclosure

(a) Purchases and Sales:

Class of Relevant Security: Common stock

Purchases made include amounts such as 5,900 shares at a unit price of 47.433 USD, followed by additional purchases including 171, 2,400, 2,300, and 2,800 shares at the same price point.

(b) Cash-Settled Derivative Transactions:

No additional details provided here.

(c) Stock-Settled Derivative Transactions:

No additional details provided here.

(d) Other Dealings:

No new securities subscribed.

4. Other Information

(a) Indemnity and Other Dealing Arrangements:

No applicable arrangements disclosed.

(b) Agreements Relating to Options or Derivatives:

No arrangements reported.

(c) Attachments:

No Supplemental Form 8 attached.

Date of Disclosure: Date not specified in the current information.

Contact Name: Mackenzie Terry

Telephone Number: +442071441555

Public disclosures under Rule 8 of the Code must be directed to a Regulatory Information Service.

The relevant code can be viewed online.

Frequently Asked Questions

1. What is the significance of the disclosure?

This disclosure is crucial as it reveals the holdings and interests of Man Group PLC in the context of market regulations.

2. How does that impact investors?

Investors can assess the stability and reliability of Man Group PLC based on its reported securities positions.

3. Who should be concerned with these disclosures?

Investors, analysts, and other market participants should monitor these disclosures to gauge market movements.

4. What is the relevance of the Takeover Code?

The Takeover Code provides the framework for transparency in dealings involving shares and is crucial for maintaining market integrity.

5. How can I contact Man Group PLC for further information?

You can reach out to Mackenzie Terry at the phone number provided in the disclosure.

About The Author

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/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

HCLTech Achieves Remarkable Growth with Strategic Innovations

Updated Category News Views 167

HCLTech Reports Continued Growth and Strong Financial Performance HCLTech, a renowned global technology company, has once again made headlines with remarkable growth, securing its position as a leader in the technology sector. The latest results illustrate the company’s dynamic approach and ability to navigate the shifting market landscape effectively. Impressive...

Continue Reading
Understanding the P/E Ratio of Amazon.com Inc. for Investors

Updated Category News Views 218

Analyzing the P/E Ratio of Amazon.com Inc. As of now, Amazon.com Inc. (NASDAQ: AMZN) is showing a stock price of $222.42, marking a notable increase of 2.74%. This uptick over the recent month reflects a gain of 0.78%, while over the past year, the stock has appreciated by an impressive 20.42%. For long-term shareholders, this upward trend is a positive signal. However,...

Continue Reading
Matan Companies Employees Transform Lives with Service Trip

Updated Category News Views 154

Matan Companies Employees Embark on a Meaningful Journey A dedicated team of employees from Matan Companies recently returned from a week-long service trip to El Salvador, collaborating with the Building Futures Project. This nonprofit organization focuses on empowering communities in Latin America by providing essential nutrition, education, and housing support. Making a...

Continue Reading
Revman International Teams Up with Tommy Hilfiger for Home Collection

Updated Category News Views 279

Revman International Portfolio Expansion with Tommy Hilfiger Revman International, Inc. has recently announced an exciting development in their expansion efforts by entering into a licensing agreement with Tommy Hilfiger. This collaboration marks a significant step for Revman, as it involves the development, manufacturing, and distribution of a new home accessories line...

Continue Reading
Inspired Entertainment Extends Partnership with Buzz Bingo

Updated Category News Views 102

Inspired Entertainment's Partnership with Buzz Bingo Strengthens Inspired Entertainment, Inc. (NASDAQ: INSE), a key player in the gaming industry, has recently announced an important extension of its collaboration with Buzz Bingo, a major omni-channel bingo operator in the UK. This long-term agreement highlights both companies' dedication to improving the gaming...

Continue Reading