Key Information from Man Group PLC
Form 8.3 serves as a public opening position disclosure for individuals or entities holding 1% or more in relevant securities, as required by Rule 8.3 of the Takeover Code.
Below are some key details:
Discloser Information
The full name of the disclosing party is Man Group PLC.
Relevant Securities
The name of the offeror concerning the securities is International Paper Company.
Position Held
This disclosure outlines the date of the position held, which is closely tracked for accuracy. The information provided aims to ensure transparency in financial transactions, enabling stakeholders to stay informed about market conditions.
Positions Overview
Man Group PLC has substantial interests in the relevant securities of International Paper Company, particularly its common stock. These holdings are vital in illustrating the company's strategic investment decisions.
Interests and Short Positions
The disclosed positions include:
- Relevant securities owned and controlled: 66,296.00 shares, which represent 0.02%.
- Short positions totaling 635,994 shares, equivalent to 0.18%.
Additionally, noteworthy positions in cash-settled derivatives include 1,748,089 short positions, which represent a significant 0.50%.
Dealings by Man Group PLC
Recent transactions include various purchases and sales as detailed below:
Purchases and Sales
According to records, Man Group PLC purchased 8 shares of common stock at a price of 47.310 USD per share. This activity reflects the group's ongoing dedication to its investment portfolio.
Contact Information
If you have any questions, please reach out to:
Name: Mackenzie Terry
Telephone: +442071441555
Frequently Asked Questions
What is Form 8.3?
Form 8.3 is a public disclosure form mandated by the Takeover Code for individuals or entities with significant interests in relevant securities.
What is the purpose of this disclosure?
The purpose of this disclosure is to enhance transparency and awareness among stakeholders regarding significant shareholdings and their fluctuations.
Who is the discloser in this case?
The discloser is Man Group PLC, which has reported its holdings in International Paper Company.
What are the short positions held?
Man Group PLC has disclosed short positions totaling 635,994 shares, which represents a 0.18% stake.
How can I contact Man Group PLC for more information?
You can contact Mackenzie Terry at +442071441555 for any inquiries related to the disclosure.