Man Group PLC : Form 8.3 - International Paper Company

Man Group PLC

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 (the “Code”)

1.        KEY INFORMATION

(a)   Full name of discloser:	Man Group PLC
(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):         The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:         Use a separate form for each offeror/offeree	International Paper Company
(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e)   Date position held/dealing undertaken:         For an opening position disclosure, state the latest practicable date prior to the disclosure	19/04/2024
(f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?         If it is a cash offer or possible cash offer, state “N/A”	YES / NO / N/A Offeree – Smith (DS) plc Offeror – Mondi plc

2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	common stock
	Interests		Short positions
	Number	%	Number	%
(1)   Relevant securities owned and/or controlled:			98,522	0.03
(2)   Cash-settled derivatives:			743,952	0.21
(3)   Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:			842,474	0.24

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)      Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit
common stock	Purchase	2	35.320 USD
common stock	Purchase	488	35.340 USD
common stock	Purchase	25,201	35.335 USD

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
common stock	Equity Swap	Increasing a short position	2,269	35.524 USD
common stock	Equity Swap	Increasing a short position	3,473	35.342 USD
common stock	Equity Swap	Increasing a short position	2,169	35.273 USD
common stock	Equity Swap	Increasing a short position	2,396	35.244 USD
common stock	Equity Swap	Increasing a short position	798	35.465 USD
common stock	Equity Swap	Increasing a short position	3,345	35.244 USD
common stock	Equity Swap	Increasing a short position	1,114	35.465 USD
common stock	Equity Swap	Increasing a short position	3,167	35.524 USD
common stock	Equity Swap	Increasing a short position	3,028	35.273 USD
common stock	Equity Swap	Increasing a short position	4,849	35.342 USD
common stock	Equity Swap	Increasing a short position	693	35.524 USD
common stock	Equity Swap	Increasing a short position	1,065	35.342 USD
common stock	Equity Swap	Increasing a short position	662	35.273 USD
common stock	Equity Swap	Increasing a short position	733	35.244 USD
common stock	Equity Swap	Increasing a short position	244	35.465 USD
common stock	Equity Swap	Increasing a short position	17,991	35.465 USD
common stock	Equity Swap	Increasing a short position	54,079	35.244 USD
common stock	Equity Swap	Increasing a short position	48,960	35.273 USD
common stock	Equity Swap	Increasing a short position	78,815	35.342 USD
common stock	Equity Swap	Increasing a short position	51,211	35.524 USD
common stock	Equity Swap	Increasing a short position	2,319	35.524 USD
common stock	Equity Swap	Increasing a short position	3,564	35.342 USD
common stock	Equity Swap	Increasing a short position	2,217	35.273 USD
common stock	Equity Swap	Increasing a short position	2,449	35.244 USD
common stock	Equity Swap	Increasing a short position	816	35.465 USD
common stock	Equity Swap	Increasing a short position	204	35.465 USD
common stock	Equity Swap	Increasing a short position	116	35.465 USD
common stock	Equity Swap	Increasing a short position	345	35.244 USD
common stock	Equity Swap	Increasing a short position	612	35.244 USD
common stock	Equity Swap	Increasing a short position	553	35.273 USD
common stock	Equity Swap	Increasing a short position	312	35.273 USD
common stock	Equity Swap	Increasing a short position	889	35.342 USD
common stock	Equity Swap	Increasing a short position	502	35.342 USD
common stock	Equity Swap	Increasing a short position	578	35.524 USD
common stock	Equity Swap	Increasing a short position	327	35.524 USD
common stock	Equity Swap	Increasing a short position	13,433	35.524 USD
common stock	Equity Swap	Increasing a short position	20,644	35.342 USD
common stock	Equity Swap	Increasing a short position	12,844	35.273 USD
common stock	Equity Swap	Increasing a short position	14,186	35.244 USD
common stock	Equity Swap	Increasing a short position	4,720	35.465 USD

(c)        Stock-settled derivative transactions (including options)

(i)        Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii)        Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing e.g. subscription, conversion

Details

Price per unit (if applicable)

4.        OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i)   the voting rights of any relevant securities under any option; or (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none”

None

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	22/04/2024
Contact name:	Mackenzie Terry
Telephone number:	+442071441555

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.