Last checked at 4 Apr 2018 10:49
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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 | 3 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) |
148,652 33,628 | 33.6200 (EUR) 29.3133 (GBP) | 32.0000 (EUR) 28.2000 (GBP) |
Total number of securities disposed | Highest price received (Note 3) | Lowest price received (Note 3) |
319,642 62,407 | 33.6200 (EUR) 29.3600 (GBP) | 32.5400 (EUR) 28.5266 (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 | 10,000 1,361 1,673 1,600 4,506 572 11,727 439 826 1,383 3,875 27 142 26 612 225,000 287 1,391 8
115 908 2,251 760 4,601 6,273 3,077 25,000 2,328 26,200 10,000 4,122 6,830 90 | 28.5419 GBP 28.6505 GBP 28.6576 GBP 28.6862 GBP 28.6922 GBP 28.7090 GBP 28.8509 GBP 28.9699 GBP 29.0329 GBP 29.0586 GBP 29.1957 GBP 29.2391 GBP 29.2760 GBP 29.2800 GBP 29.3116 GBP 33.2299 EUR 33.5600 EUR 33.6175 EUR 33.6200 EUR
28.2001 GBP 28.5525 GBP 28.5823 GBP 28.6475 GBP 29.0164 GBP 29.0604 GBP 29.2813 GBP 32.6549 EUR 32.7403 EUR 33.1416 EUR 33.2854 EUR 33.3957 EUR 33.4013 EUR 33.5906 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 | 04 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 |