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 May 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)
29,134
19,951
35.7715 EUR
31.5200 GBP
35.3600 EUR
31.1200 GBP
Total number of securities disposed
Highest price received
Lowest price received
27,771
10,436
35.8000 EUR
(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
Equity Swaps
Long
Short
1,320
22
33
639
70
95
3,527
150
8,055
4,716
326
2,067
18
255
558
272
5,175
8,025
523
88
1,406
978
1,747
31.2998 GBP
31.3020 GBP
31.3449 GBP
31.3777 GBP
31.4191 GBP
31.4563 GBP
31.4797 GBP
35.3925 EUR
35.7259 EUR
31.1208 GBP
31.1214 GBP
31.1363 GBP
31.2779 GBP
31.3027 GBP
31.3077 GBP
31.3658 GBP
35.3627 EUR
35.4260 EUR
35.7712 EUR
35.7716 EUR
35.7717 EUR
(c) Options transactions in respect of existing relevant securities
(i) Writing, selling, purchasing or varying
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
Number of securities
Exercise price per unit (Note 3)
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
14 May 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