Last checked at 12 Apr 2018 10:54
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FORM 38.5(a)
IRISH TAKEOVER PANEL
DISCLOSURE UNDER RULE 38.5(a) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013
DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITH RECOGNISED INTERMEDIARY STATUS AND DEALING IN A CLIENT-SERVING CAPACITY
1. KEY INFORMATION
Name of exempt principal trader | J.P. Morgan Securities plc |
Company dealt in | Smurfit Kappa Group plc |
Class of relevant security to which the dealings being disclosed relate (Note 1) | €0.001 ordinary shares |
Date of dealing | 11 April 2018 |
2. DEALINGS (Note 2)
(a) Purchases and sales
Total number of relevant securities acquired | Highest price paid(Note 3) | Lowest price paid (Note 3) |
275,452 56,111 | 34.4800 EUR 30.0800 GBP | 33.9800 EUR 29.5600 GBP |
Total number of securities disposed | Highest price received (Note 3) | Lowest price received (Note 3) |
273,988 67,048 | 34.5200 EUR 30.0659 GBP | 33.9400 EUR 29.6800 GBP |
Highest price received (Note 3) | Lowest price received (Note 3) | |
(b) Derivatives transactions (other than options transactions)
Product name, e.g. CFD
| Nature of transaction (Note 4) | Number of relevant securities (Note 5) | Price per unit (Note 3) |
Equity Swaps | Long
Short | 4 8,673 6,786 372 8,858 349 150 277 48 163 2,004 1,231 1,170
70 783 70 226 2,499 4,675 1,439 125 450 2,602 21 504 10,000 | 29.7200 GBP 29.8224 GBP 29.8261 GBP 29.8544 GBP 29.8902 GBP 29.9661 GBP 29.9799 GBP 30.0034 GBP 30.0199 GBP 30.0257 GBP 33.9975 EUR 34.1373 EUR 34.1452 EUR
29.5602 GBP 29.6483 GBP 29.7002 GBP 29.7199 GBP 29.7200 GBP 29.7213 GBP 29.7503 GBP 29.8202 GBP 29.8335 GBP 29.8957 GBP 34.0000 EUR 34.0134 EUR 34.2384 EUR |
(c) Options transactions in respect of existing relevant securities
(i) Writing, selling, purchasing or varying
Product name, e.g. call option | Writing, selling, purchasing, varying etc. | Number of securities to which the option relates (Note 5) | Exercise price | Type, e.g. American, European etc. | Expiry date | Option money paid/received per unit (Note 3) |
(ii) Exercising
Product name, e.g. call option | Number of securities | Exercise price per unit (Note 3) |
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3. OTHER INFORMATION
Agreements, arrangements or understandings relating to options or derivatives
Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.
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Date of disclosure | 12 April 2018 |
Contact name | Alwyn Basch
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Telephone number | 020 7742 7402 |
Name of offeree/offeror with which connected | International Paper Company |
Nature of connection (Note 6) | Financial Advisor to International Paper Company |