RNS Number : 0362Q

JPMorgan Securities Plc

01 June 2018

Ap24

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	31 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)

150,793

6,073

35.4000 EUR

30.8414 GBP

34.8400 EUR

30.8400 GBP

Total number of securities disposed

Highest price received

(Note 3)

Lowest price received

(Note 3)

475,447

21,682

35.4000 EUR

31.0791 GBP

34.7800 EUR

30.8400 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

396

3,472

131

6,635

304

536

151

5,896

2,013

6,698

1,838

796

31,927

49,303

30,646

7,377

334,227

1,000

8,570

222

468

606

6,137

14,071

744

1,241

131

1,714

3,156

533

5,203

6,698

3,292

1,033

1,838

30.8043 GBP

30.8233 GBP

30.8386 GBP

30.8394 GBP

30.9969 GBP

31.0191 GBP

31.0771 GBP

31.0791 GBP

31.1112 GBP

31.4220 GBP

34.8800 EUR

34.9078 EUR

35.0134 EUR

35.1278 EUR

35.1280 EUR

35.1288 EUR

35.1897 EUR

35.3500 EUR

35.3977 EUR

30.5600 GBP

30.5761 GBP

30.6719 GBP

30.6732 GBP

30.6758 GBP

30.6809 GBP

30.7088 GBP

30.7199 GBP

30.7221 GBP

30.7268 GBP

30.8202 GBP

30.8400 GBP

30.8414 GBP

30.8631 GBP

30.9323 GBP

34.8800 EUR

34.8913 EUR

35.3500 EUR

35.3563 EUR

35.3927 EUR

(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)

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	01 June 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

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