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Man Group PLC : Form 8.3 - Mondi plc

Man Group PLC
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

Mondi plc

(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: International Paper Company

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.

ADVERTISEMENT

(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:

EUR 0.22 ordinary

 

Interests

Short positions

Number

%

Number

%

(1)   Relevant securities owned and/or controlled:

2,858,325

0.65

 

 

(2)   Cash-settled derivatives:

5,716,954

1.30

887,437

0.20

(3)   Stock-settled derivatives (including options) and agreements to purchase/sell:

 

 

 

 



        TOTAL:

8,575,279

1.94

887,437

0.20

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

(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

EUR 0.22 ordinary

Equity Swap

Reducing a short position

5

14.028 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

75

13.650 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

6,440

14.699 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

20

14.428 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

9

14.480 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

29,915

15.000 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

541,632

15.000 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

353,855

15.000 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

81

14.480 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

124

14.480 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

177

14.428 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

270

14.428 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

3

14.480 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

7

14.428 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

4

14.428 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

2

14.480 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

15,270

15.000 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

9,948

15.000 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

14,072

15.015 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

5,284

15.000 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

1

14.480 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

333

15.042 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

3

14.428 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

4

14.428 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

4

14.428 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

466

15.042 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

1

14.480 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

2

14.480 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

8,745

15.000 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

9,092

15.000 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

19,709

15.015 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

52,989

15.000 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

35

14.428 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

16

14.480 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

2

14.428 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

1

14.480 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

3,233

15.000 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

4,357

15.015 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

103

15.042 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

7,763

15.042 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

327,965

15.015 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

338

15.042 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

14,300

15.015 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

3,595

15.015 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

2,033

15.015 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

85

15.042 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

48

15.042 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

1

14.480 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

1

14.480 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

3

14.428 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

1

14.480 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

3

14.428 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

2

14.428 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

4,711

15.000 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

5,222

15.000 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

8,013

15.000 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

101,239

15.000 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

31

14.480 GBP

EUR 0.22 ordinary

Equity Swap

Increasing a long position

67

14.428 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

1,962

15.042 GBP

EUR 0.22 ordinary

Equity Swap

Reducing a short position

82,911

15.015 GBP

(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

EUR 0.22 ordinary

Call Option

Selling

541,541.00

14 GBP

American

19.04.24

1.000 GBP

EUR 0.22 ordinary

Call Option

Selling

353,353.00

14 GBP

American

19.04.24

1.000 GBP

EUR 0.22 ordinary

Call Option

Selling

5,005.00

14 GBP

American

19.04.24

1.000 GBP

EUR 0.22 ordinary

Call Option

Selling

7,007.00

14 GBP

American

19.04.24

1.000 GBP

EUR 0.22 ordinary

Call Option

Selling

5,005.00

14 GBP

American

19.04.24

1.000 GBP

EUR 0.22 ordinary

Call Option

Selling

4,004.00

14 GBP

American

19.04.24

1.000 GBP

EUR 0.22 ordinary

Call Option

Selling

9,009.00

14 GBP

American

19.04.24

1.000 GBP

EUR 0.22 ordinary

Call Option

Selling

9,009.00

14 GBP

American

19.04.24

1.000 GBP

EUR 0.22 ordinary

Call Option

Selling

97,097.00

14 GBP

American

19.04.24

1.000 GBP

EUR 0.22 ordinary

Call Option

Selling

56,056.00

14 GBP

American

19.04.24

1.000 GBP

EUR 0.22 ordinary

Call Option

Selling

14,014.00

14 GBP

American

19.04.24

1.000 GBP

EUR 0.22 ordinary

Call Option

Selling

9,009.00

14 GBP

American

19.04.24

1.000 GBP

EUR 0.22 ordinary

Call Option

Selling

29,029.00

14 GBP

American

19.04.24

1.000 GBP

EUR 0.22 ordinary

Call Option

Selling

6,006.00

14 GBP

American

19.04.24

1.000 GBP

EUR 0.22 ordinary

Call Option

Selling

4,004.00

14 GBP

American

19.04.24

1.000 GBP

(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?

YES


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.

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

1.        KEY INFORMATION

Full name of person making disclosure:

Mackenzie Terry

Name of offeror/offeree in relation to whose relevant securities the disclosure relates:

MONDI PLC

2.        STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

Class of relevant security

Product description e.g. call option

Written or purchased

Number of securities to which option or derivative relates

Exercise price per unit

Type
e.g. American, European etc.

Expiry date

EUR 0.22 ordinary

APRIL 24 (2024/04/19) CALLS ON MNDI LN (14)

Purchased

0.00

GBP 14

American

19/04/2024

EUR 0.22 ordinary

APRIL 24 (2024/04/19) CALLS ON MNDI LN (14)

Purchased

0.00

GBP 14

American

19/04/2024

EUR 0.22 ordinary

APRIL 24 (2024/04/19) CALLS ON MNDI LN (14)

Purchased

0.00

GBP 14

American

19/04/2024

EUR 0.22 ordinary

APRIL 24 (2024/04/19) CALLS ON MNDI LN (14)

Purchased

0.00

GBP 14

American

19/04/2024

EUR 0.22 ordinary

APRIL 24 (2024/04/19) CALLS ON MNDI LN (14)

Purchased

0.00

GBP 14

American

19/04/2024

EUR 0.22 ordinary

APRIL 24 (2024/04/19) CALLS ON MNDI LN (14)

Purchased

0.00

GBP 14

American

19/04/2024

EUR 0.22 ordinary

APRIL 24 (2024/04/19) CALLS ON MNDI LN (14)

Purchased

0.00

GBP 14

American

19/04/2024

EUR 0.22 ordinary

APRIL 24 (2024/04/19) CALLS ON MNDI LN (14)

Purchased

0.00

GBP 14

American

19/04/2024

EUR 0.22 ordinary

APRIL 24 (2024/04/19) CALLS ON MNDI LN (14)

Purchased

0.00

GBP 14

American

19/04/2024

EUR 0.22 ordinary

APRIL 24 (2024/04/19) CALLS ON MNDI LN (14)

Purchased

0.00

GBP 14

American

19/04/2024

EUR 0.22 ordinary

APRIL 24 (2024/04/19) CALLS ON MNDI LN (14)

Purchased

0.00

GBP 14

American

19/04/2024

EUR 0.22 ordinary

APRIL 24 (2024/04/19) CALLS ON MNDI LN (14)

Purchased

0.00

GBP 14

American

19/04/2024

EUR 0.22 ordinary

APRIL 24 (2024/04/19) CALLS ON MNDI LN (14)

Purchased

0.00

GBP 14

American

19/04/2024

EUR 0.22 ordinary

APRIL 24 (2024/04/19) CALLS ON MNDI LN (14)

Purchased

0.00

GBP 14

American

19/04/2024

EUR 0.22 ordinary

APRIL 24 (2024/04/19) CALLS ON MNDI LN (14)

Purchased

0.00

GBP 14

American

19/04/2024

3.        AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

 

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

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

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.