22 Mar 2018 11:09
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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 | 21 March 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) |
203,657 287,032 | 34.7000 EUR 30.2820 GBP | 33.9200 EUR 29.5800 GBP |
Total number of securities disposed | Highest price received (Note 3) | Lowest price received (Note 3) |
56,018 575,795 | 34.8000 EUR 30.2800 GBP | 33.9400 EUR 29.5800 GBP |
Return of securities borrowed | 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 | 250 704 5 32 591 25 14,088 230,000 238
22,415 29,196 14,081 19 432 4,387 3,490 56 243 818 359 5,079 476 6 113 14,680 9,679 5,813 1,186 2,100 1,630 141 120,000 | 29.7800 GBP 29.7992 GBP 29.9355 GBP 29.9599 GBP 29.9842 GBP 30.0599 GBP 30.0855 GBP 30.1800 GBP 30.2591 GBP
29.9195 GBP 29.9258 GBP 29.9287 GBP 29.9400 GBP 29.9402 GBP 29.9403 GBP 29.9414 GBP 29.9945 GBP 30.0002 GBP 30.0003 GBP 30.0054 GBP 30.0579 GBP 30.0865 GBP 34.2800 EUR 34.2826 EUR 34.2920 EUR 34.2969 EUR 34.2970 EUR 34.3089 EUR 34.3117 EUR 34.3246 34.3336 34.4074 |
(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.
|
Date of disclosure | 22 March 2018 |
Contact name | Alwyn Basch
|
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 |
Smurfit Kappa (SKG)