Important Information Regarding Man Group PLC's Shareholding
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
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: International Paper Company
(e) Date position held/dealing undertaken: The latest practicable date prior to this disclosure.
(f) Is the discloser making disclosures in respect of any other party to the offer? YES / N/A Offeree – Smith (DS) plc
2. DISCLOSURE OF THE PERSON'S POSITIONS
If there are positions or rights to subscribe that need to be disclosed across multiple classes of relevant securities, further details will follow.
Interests and short positions in the relevant securities:
Class of relevant security: Common Stock
Number of interests held: 66,264 shares, representing 0.02%
Number of short positions: 638,387 shares, representing 0.18%
Rights to subscribe for new securities:
Details will be provided as necessary.
Overview of Recent Trading Activities
In light of recent disclosures, it is important to discuss the trading activities that have occurred. Man Group PLC has engaged in several transactions related to International Paper Company.
Purchases and Sales of Common Stocks:
Sale: 1,260 shares at $47.130 USD each
Sale: 32 shares at $47.076 USD each
Insight into Derivative Transactions
Beyond stock transactions, there have also been notable derivative dealings:
Cash-settled Derivatives:
Number of reference securities: 1,748,089, which accounts for 0.50% of the total holdings.
Summary of Other Dealing Arrangements
Indemnity and Other Dealing Arrangements:
No indemnity agreements or options related to these transactions have been disclosed by the reporting party.
Contact Information for Disclosure Inquiries
Date of disclosure: The latest date prior to the submission of this disclosure.
Contact name: James Carr
Telephone number: +442071447242
Public disclosures mandated by Rule 8 of the Code are required and must be communicated to a Regulatory Information Service.
The Panel’s Market Surveillance Unit is available for any inquiries regarding the Code’s disclosure requirements.
Frequently Asked Questions
What is FORM 8.3?
FORM 8.3 is a required disclosure form under the Takeover Code for individuals or entities holding a significant amount of relevant securities.
Who is Man Group PLC?
Man Group PLC is a global investment management firm that focuses on a variety of investment strategies.
Why is owning 1% or more of securities significant?
Holding 1% or more of a company's securities indicates a substantial investment and potential influence over company decisions.
How do stock and derivative transactions affect investments?
These transactions can reveal market sentiment about a company's future performance and can influence stock price movements.
Where can I access the Takeover Code?
The Takeover Code is available on the official website of the regulatory body, ensuring adherence to legal disclosure standards.
