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: | Citadel Group |
| (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. | N/A |
| (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | INTERNATIONAL PAPER CO |
| (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: | N/A |
| (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure | 23 December 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, DS Smith 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 | ISIN US4601461035 | |||
|
| Interests | Short positions | ||
|
| Number | % | Number | % |
| (1) Relevant securities owned and/or controlled: | 46,152 | 0.01 | 2,998,863 | 0.86 |
| (2) Cash-settled derivatives:
| 0 | 0.00 | 0 | 0.00 |
| (3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 1,645,000 | 0.47 | 1,381,800 | 0.39 |
|
TOTAL: | 1,691,152 | 0.48 | 4,380,663 | 1.26 |
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: | N/A |
| Details, including nature of the rights concerned and relevant percentages: | N/A |
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 | Buy Transaction | 1,396 | 53.3610 USD |
| Common | Buy Transaction | 6 | 53.3633 USD |
| Common | Buy Transaction | 99 | 53.3900 USD |
| Common | Buy Transaction | 150 | 53.4000 USD |
| Common | Buy Transaction | 265 | 53.4200 USD |
| Common | Buy Transaction | 60 | 53.4592 USD |
| Common | Buy Transaction | 100 | 53.4600 USD |
| Common | Buy Transaction | 309 | 53.4663 USD |
| Common | Buy Transaction | 3 | 53.5033 USD |
| Common | Buy Transaction | 360 | 53.5094 USD |
| Common | Buy Transaction | 1 | 53.5300 USD |
| Common | Buy Transaction | 68 | 53.5400 USD |
| Common | Buy Transaction | 1 | 53.5600 USD |
| Common | Buy Transaction | 20 | 53.5650 USD |
| Common | Buy Transaction | 81 | 53.5700 USD |
| Common | Buy Transaction | 751 | 53.6051 USD |
| Common | Buy Transaction | 582 | 53.6088 USD |
| Common | Buy Transaction | 132 | 53.6155 USD |
| Common | Buy Transaction | 15 | 53.6200 USD |
| Common | Buy Transaction | 30 | 53.6413 USD |
| Common | Buy Transaction | 199 | 53.6453 USD |
| Common | Buy Transaction | 139 | 53.6567 USD |
| Common | Buy Transaction | 95 | 53.6573 USD |
| Common | Buy Transaction | 300 | 53.6600 USD |
| Common | Buy Transaction | 467 | 53.6734 USD |
| Common | Buy Transaction | 565 | 53.6771 USD |
| Common | Buy Transaction | 873 | 53.6825 USD |
| Common | Buy Transaction | 14 | 53.6929 USD |
| Common | Buy Transaction | 200 | 53.6950 USD |
| Common | Buy Transaction | 690 | 53.7047 USD |
| Common | Buy Transaction | 883 | 53.7060 USD |
| Common | Buy Transaction | 506 | 53.7073 USD |
| Common | Buy Transaction | 200 | 53.7100 USD |
| Common | Buy Transaction | 996 | 53.7147 USD |
| Common | Buy Transaction | 201 | 53.7200 USD |
| Common | Buy Transaction | 116 | 53.7272 USD |
| Common | Buy Transaction | 1,257 | 53.7274 USD |
| Common | Buy Transaction | 701 | 53.7307 USD |
| Common | Buy Transaction | 1 | 53.7600 USD |
| Common | Buy Transaction | 94 | 53.7778 USD |
| Common | Buy Transaction | 2,519 | 53.7862 USD |
| Common | Buy Transaction | 878 | 53.7879 USD |
| Common | Buy Transaction | 975 | 53.7952 USD |
| Common | Buy Transaction | 1,727 | 53.7988 USD |
| Common | Buy Transaction | 653 | 53.8000 USD |
| Common | Buy Transaction | 3,615 | 53.8037 USD |
| Common | Buy Transaction | 1,153 | 53.8275 USD |
| Common | Buy Transaction | 22 | 53.8300 USD |
| Common | Buy Transaction | 442 | 53.8390 USD |
| Common | Buy Transaction | 3,025 | 53.8400 USD |
| Common | Buy Transaction | 700 | 53.8443 USD |
| Common | Buy Transaction | 274 | 53.8520 USD |
| Common | Buy Transaction | 2,528 | 53.8555 USD |
| Common | Buy Transaction | 33 | 53.8594 USD |
| Common | Buy Transaction | 1,115 | 53.8612 USD |
| Common | Buy Transaction | 5 | 53.8620 USD |
| Common | Buy Transaction | 492 | 53.8636 USD |
| Common | Buy Transaction | 300 | 53.8700 USD |
| Common | Buy Transaction | 8 | 53.8725 USD |
| Common | Buy Transaction | 1,383 | 53.8747 USD |
| Common | Buy Transaction | 141 | 53.8752 USD |
| Common | Buy Transaction | 9 | 53.8822 USD |
| Common | Buy Transaction | 315 | 53.8896 USD |
| Common | Buy Transaction | 3,887 | 53.8934 USD |
| Common | Buy Transaction | 3,786 | 53.8953 USD |
| Common | Buy Transaction | 12,938 | 53.8998 USD |
| Common | Buy Transaction | 363 | 53.9055 USD |
| Common | Buy Transaction | 2 | 53.9100 USD |
| Common | Buy Transaction | 286 | 53.9172 USD |
| Common | Buy Transaction | 2,655 | 53.9221 USD |
| Common | Buy Transaction | 815 | 53.9239 USD |
| Common | Buy Transaction | 317 | 53.9271 USD |
| Common | Buy Transaction | 688 | 53.9274 USD |
| Common | Buy Transaction | 161 | 53.9293 USD |
| Common | Buy Transaction | 333 | 53.9315 USD |
| Common | Buy Transaction | 46 | 53.9350 USD |
| Common | Buy Transaction | 835 | 53.9374 USD |
| Common | Buy Transaction | 159 | 53.9400 USD |
| Common | Buy Transaction | 18 | 53.9483 USD |
| Common | Buy Transaction | 629 | 53.9500 USD |
| Common | Buy Transaction | 150 | 53.9533 USD |
| Common | Buy Transaction | 263 | 53.9557 USD |
| Common | Buy Transaction | 134 | 53.9584 USD |
| Common | Buy Transaction | 10 | 53.9620 USD |
| Common | Buy Transaction | 223 | 53.9647 USD |
| Common | Buy Transaction | 2,090 | 53.9673 USD |
| Common | Buy Transaction | 968 | 53.9681 USD |
| Common | Buy Transaction | 100 | 53.9700 USD |
| Common | Buy Transaction | 26 | 53.9704 USD |
| Common | Buy Transaction | 20 | 53.9715 USD |
| Common | Buy Transaction | 145 | 53.9800 USD |
| Common | Buy Transaction | 829 | 53.9917 USD |
| Common | Buy Transaction | 4,530 | 53.9932 USD |
| Common | Buy Transaction | 106 | 53.9953 USD |
| Common | Buy Transaction | 70 | 53.9986 USD |
| Common | Buy Transaction | 7,228 | 53.9990 USD |
| Common | Buy Transaction | 200 | 54.0000 USD |
| Common | Buy Transaction | 128 | 54.0059 USD |
| Common | Buy Transaction | 108 | 54.0415 USD |
| Common | Buy Transaction | 923 | 54.0459 USD |
| Common | Buy Transaction | 3,244 | 54.0503 USD |
| Common | Buy Transaction | 399 | 54.0560 USD |
| Common | Buy Transaction | 9,390 | 54.0594 USD |
| Common | Buy Transaction | 3 | 54.0600 USD |
| Common | Buy Transaction | 306 | 54.0645 USD |
| Common | Buy Transaction | 255 | 54.0825 USD |
| Common | Buy Transaction | 188 | 54.0871 USD |
| Common | Buy Transaction | 202 | 54.0899 USD |
| Common | Buy Transaction | 3,672 | 54.0922 USD |
| Common | Buy Transaction | 7 | 54.1000 USD |
| Common | Buy Transaction | 801 | 54.1055 USD |
| Common | Buy Transaction | 230 | 54.1100 USD |
| Common | Buy Transaction | 122 | 54.1154 USD |
| Common | Buy Transaction | 20 | 54.1200 USD |
| Common | Buy Transaction | 20 | 54.1300 USD |
| Common | Buy Transaction | 1,466 | 54.1380 USD |
| Common | Buy Transaction | 117 | 54.1391 USD |
| Common | Buy Transaction | 609 | 54.1429 USD |
| Common | Buy Transaction | 904 | 54.1441 USD |
| Common | Buy Transaction | 1,718 | 54.1447 USD |
| Common | Buy Transaction | 514 | 54.1522 USD |
| Common | Buy Transaction | 77 | 54.1552 USD |
| Common | Buy Transaction | 678 | 54.1571 USD |
| Common | Buy Transaction | 64 | 54.1600 USD |
| Common | Buy Transaction | 771 | 54.1604 USD |
| Common | Buy Transaction | 86 | 54.1610 USD |
| Common | Buy Transaction | 75 | 54.1695 USD |
| Common | Buy Transaction | 500 | 54.1700 USD |
| Common | Buy Transaction | 621 | 54.1721 USD |
| Common | Buy Transaction | 3,118 | 54.1731 USD |
| Common | Buy Transaction | 144 | 54.1767 USD |
| Common | Buy Transaction | 3 | 54.1800 USD |
| Common | Buy Transaction | 814 | 54.1903 USD |
| Common | Buy Transaction | 300 | 54.1933 USD |
| Common | Buy Transaction | 478 | 54.1972 USD |
| Common | Buy Transaction | 311 | 54.1972 USD |
| Common | Buy Transaction | 100 | 54.2050 USD |
| Common | Buy Transaction | 137 | 54.2100 USD |
| Common | Buy Transaction | 4 | 54.2125 USD |
| Common | Buy Transaction | 684 | 54.2181 USD |
| Common | Buy Transaction | 135 | 54.2272 USD |
| Common | Buy Transaction | 328 | 54.2307 USD |
| Common | Buy Transaction | 1,034 | 54.2323 USD |
| Common | Buy Transaction | 435 | 54.2380 USD |
| Common | Buy Transaction | 1,692 | 54.2500 USD |
| Common | Buy Transaction | 422 | 54.2540 USD |
| Common | Buy Transaction | 50 | 54.2616 USD |
| Common | Buy Transaction | 87 | 54.2836 USD |
| Common | Buy Transaction | 1,198 | 54.2842 USD |
| Common | Buy Transaction | 50 | 54.2858 USD |
| Common | Buy Transaction | 903 | 54.2989 USD |
| Common | Buy Transaction | 300 | 54.3033 USD |
| Common | Buy Transaction | 259 | 54.3139 USD |
| Common | Buy Transaction | 134 | 54.3140 USD |
| Common | Buy Transaction | 2 | 54.3150 USD |
| Common | Buy Transaction | 301 | 54.3170 USD |
| Common | Buy Transaction | 258 | 54.3281 USD |
| Common | Buy Transaction | 14 | 54.3300 USD |
| Common | Buy Transaction | 132 | 54.3314 USD |
| Common | Buy Transaction | 511 | 54.3366 USD |
| Common | Buy Transaction | 646 | 54.3366 USD |
| Common | Buy Transaction | 969 | 54.3387 USD |
| Common | Buy Transaction | 13,345 | 54.3390 USD |
| Common | Buy Transaction | 49 | 54.3400 USD |
| Common | Buy Transaction | 686 | 54.3406 USD |
| Common | Buy Transaction | 67 | 54.3439 USD |
| Common | Buy Transaction | 269 | 54.3471 USD |
| Common | Buy Transaction | 2,802 | 54.3489 USD |
| Common | Buy Transaction | 70 | 54.3500 USD |
| Common | Buy Transaction | 63 | 54.3514 USD |
| Common | Buy Transaction | 300 | 54.3538 USD |
| Common | Buy Transaction | 104 | 54.3550 USD |
| Common | Buy Transaction | 433 | 54.3565 USD |
| Common | Buy Transaction | 512 | 54.3600 USD |
| Common | Buy Transaction | 29 | 54.3700 USD |
| Common | Buy Transaction | 106 | 54.3706 USD |
| Common | Buy Transaction | 291 | 54.3733 USD |
| Common | Buy Transaction | 102 | 54.3735 USD |
| Common | Buy Transaction | 135 | 54.3756 USD |
| Common | Buy Transaction | 771 | 54.3772 USD |
| Common | Buy Transaction | 22 | 54.3800 USD |
| Common | Buy Transaction | 24 | 54.3837 USD |
| Common | Buy Transaction | 237 | 54.3867 USD |
| Common | Buy Transaction | 114 | 54.3916 USD |
| Common | Buy Transaction | 1,974 | 54.3921 USD |
| Common | Buy Transaction | 110 | 54.3939 USD |
| Common | Buy Transaction | 7 | 54.4000 USD |
| Common | Buy Transaction | 1,709 | 54.4039 USD |
| Common | Buy Transaction | 3,299 | 54.4071 USD |
| Common | Buy Transaction | 28 | 54.4071 USD |
| Common | Buy Transaction | 361 | 54.4089 USD |
| Common | Buy Transaction | 1 | 54.4100 USD |
| Common | Buy Transaction | 285 | 54.4200 USD |
| Common | Buy Transaction | 100 | 54.4210 USD |
| Common | Buy Transaction | 31,314 | 54.4900 USD |
| Common | DVP Transaction | 8 | 53.3700 USD |
| Common | DVP Transaction | 6 | 53.3850 USD |
| Common | DVP Transaction | 5 | 53.3900 USD |
| Common | DVP Transaction | 2 | 53.4000 USD |
| Common | DVP Transaction | 2 | 53.4050 USD |
| Common | DVP Transaction | 2 | 53.4100 USD |
| Common | DVP Transaction | 13 | 53.4300 USD |
| Common | DVP Transaction | 28 | 53.4350 USD |
| Common | DVP Transaction | 29 | 53.4400 USD |
| Common | DVP Transaction | 22 | 53.4450 USD |
| Common | DVP Transaction | 10 | 53.4500 USD |
| Common | DVP Transaction | 48 | 53.4600 USD |
| Common | DVP Transaction | 10 | 53.4750 USD |
| Common | DVP Transaction | 31 | 53.5065 USD |
| Common | DVP Transaction | 10 | 53.5100 USD |
| Common | DVP Transaction | 1 | 53.5300 USD |
| Common | DVP Transaction | 5 | 53.5400 USD |
| Common | DVP Transaction | 2 | 53.6100 USD |
| Common | DVP Transaction | 87 | 54.0500 USD |
| Common | DVP Transaction | 1,175 | 54.0504 USD |
| Common | DVP Transaction | 974 | 54.1074 USD |
| Common | DVP Transaction | 3 | 54.1400 USD |
| Common | DVP Transaction | 1 | 54.1900 USD |
| Common | DVP Transaction | 293 | 54.1933 USD |
| Common | DVP Transaction | 81 | 54.2200 USD |
| Common | DVP Transaction | 20 | 54.2300 USD |
| Common | DVP Transaction | 400 | 54.2394 USD |
| Common | DVP Transaction | 99 | 54.2500 USD |
| Common | DVP Transaction | 4 | 54.2600 USD |
| Common | DVP Transaction | 634 | 54.3059 USD |
| Common | DVP Transaction | 4 | 54.3350 USD |
| Common | DVP Transaction | 6 | 54.3450 USD |
| Common | DVP Transaction | 10 | 54.3500 USD |
| Common | DVP Transaction | 152 | 54.3547 USD |
| Common | DVP Transaction | 2 | 54.3650 USD |
| Common | DVP Transaction | 2 | 54.4050 USD |
| Common | DVP Transaction | 1 | 54.4300 USD |
| Common | DVP Transaction | 14,209 | 54.4900 USD |
| Common | RVP Transaction | 25 | 53.4000 USD |
| Common | RVP Transaction | 4 | 53.4175 USD |
| Common | RVP Transaction | 4 | 53.4275 USD |
| Common | RVP Transaction | 2 | 53.4300 USD |
| Common | RVP Transaction | 10 | 53.4450 USD |
| Common | RVP Transaction | 19 | 53.4495 USD |
| Common | RVP Transaction | 10 | 53.4500 USD |
| Common | RVP Transaction | 1 | 53.4700 USD |
| Common | RVP Transaction | 6 | 53.5383 USD |
| Common | RVP Transaction | 4 | 53.9000 USD |
| Common | RVP Transaction | 119 | 53.9967 USD |
| Common | RVP Transaction | 346 | 54.0431 USD |
| Common | RVP Transaction | 1,260 | 54.0500 USD |
| Common | RVP Transaction | 993 | 54.1134 USD |
| Common | RVP Transaction | 150 | 54.1300 USD |
| Common | RVP Transaction | 77 | 54.1900 USD |
| Common | RVP Transaction | 150 | 54.2113 USD |
| Common | RVP Transaction | 81 | 54.2200 USD |
| Common | RVP Transaction | 41 | 54.2202 USD |
| Common | RVP Transaction | 60 | 54.2300 USD |
| Common | RVP Transaction | 120 | 54.2450 USD |
| Common | RVP Transaction | 139 | 54.2500 USD |
| Common | RVP Transaction | 144 | 54.2678 USD |
| Common | RVP Transaction | 23 | 54.3057 USD |
| Common | RVP Transaction | 120 | 54.3367 USD |
| Common | RVP Transaction | 162 | 54.3544 USD |
| Common | RVP Transaction | 107 | 54.3649 USD |
| Common | RVP Transaction | 20 | 54.4405 USD |
| Common | RVP Transaction | 14,194 | 54.4900 USD |
| Common | Sell Transaction | 60 | 53.3838 USD |
| Common | Sell Transaction | 13 | 53.3900 USD |
| Common | Sell Transaction | 102 | 53.3959 USD |
| Common | Sell Transaction | 50 | 53.4000 USD |
| Common | Sell Transaction | 98 | 53.4005 USD |
| Common | Sell Transaction | 1,900 | 53.4150 USD |
| Common | Sell Transaction | 1,000 | 53.4200 USD |
| Common | Sell Transaction | 37 | 53.4400 USD |
| Common | Sell Transaction | 1,900 | 53.4450 USD |
| Common | Sell Transaction | 103 | 53.4490 USD |
| Common | Sell Transaction | 375 | 53.4491 USD |
| Common | Sell Transaction | 6 | 53.4500 USD |
| Common | Sell Transaction | 167 | 53.4547 USD |
| Common | Sell Transaction | 10 | 53.4550 USD |
| Common | Sell Transaction | 8 | 53.4588 USD |
| Common | Sell Transaction | 26 | 53.4615 USD |
| Common | Sell Transaction | 1 | 53.4700 USD |
| Common | Sell Transaction | 186 | 53.4704 USD |
| Common | Sell Transaction | 393 | 53.4760 USD |
| Common | Sell Transaction | 198 | 53.4797 USD |
| Common | Sell Transaction | 84 | 53.4885 USD |
| Common | Sell Transaction | 25,700 | 53.5005 USD |
| Common | Sell Transaction | 17 | 53.5094 USD |
| Common | Sell Transaction | 208 | 53.5102 USD |
| Common | Sell Transaction | 450 | 53.5121 USD |
| Common | Sell Transaction | 1,623 | 53.5159 USD |
| Common | Sell Transaction | 1 | 53.5186 USD |
| Common | Sell Transaction | 138 | 53.5214 USD |
| Common | Sell Transaction | 1,075 | 53.5237 USD |
| Common | Sell Transaction | 33 | 53.5239 USD |
| Common | Sell Transaction | 103 | 53.5300 USD |
| Common | Sell Transaction | 1,392 | 53.5305 USD |
| Common | Sell Transaction | 1,147 | 53.5405 USD |
| Common | Sell Transaction | 930 | 53.5405 USD |
| Common | Sell Transaction | 96 | 53.5408 USD |
| Common | Sell Transaction | 105 | 53.5414 USD |
| Common | Sell Transaction | 31 | 53.5487 USD |
| Common | Sell Transaction | 11 | 53.5491 USD |
| Common | Sell Transaction | 215 | 53.5500 USD |
| Common | Sell Transaction | 687 | 53.5586 USD |
| Common | Sell Transaction | 166 | 53.5591 USD |
| Common | Sell Transaction | 1,036 | 53.5592 USD |
| Common | Sell Transaction | 110 | 53.5600 USD |
| Common | Sell Transaction | 1,020 | 53.5624 USD |
| Common | Sell Transaction | 623 | 53.5634 USD |
| Common | Sell Transaction | 185 | 53.5700 USD |
| Common | Sell Transaction | 143 | 53.5721 USD |
| Common | Sell Transaction | 2,727 | 53.5745 USD |
| Common | Sell Transaction | 1,277 | 53.5754 USD |
| Common | Sell Transaction | 802 | 53.5763 USD |
| Common | Sell Transaction | 100 | 53.5800 USD |
| Common | Sell Transaction | 30 | 53.5842 USD |
| Common | Sell Transaction | 0 | 53.5892 USD |
| Common | Sell Transaction | 1 | 53.5900 USD |
| Common | Sell Transaction | 15 | 53.5933 USD |
| Common | Sell Transaction | 700 | 53.5971 USD |
| Common | Sell Transaction | 2,439 | 53.5974 USD |
| Common | Sell Transaction | 542 | 53.6000 USD |
| Common | Sell Transaction | 2,308 | 53.6024 USD |
| Common | Sell Transaction | 457 | 53.6035 USD |
| Common | Sell Transaction | 23 | 53.6052 USD |
| Common | Sell Transaction | 1,165 | 53.6092 USD |
| Common | Sell Transaction | 364 | 53.6104 USD |
| Common | Sell Transaction | 742 | 53.6142 USD |
| Common | Sell Transaction | 200 | 53.6150 USD |
| Common | Sell Transaction | 100 | 53.6200 USD |
| Common | Sell Transaction | 498 | 53.6226 USD |
| Common | Sell Transaction | 107 | 53.6230 USD |
| Common | Sell Transaction | 800 | 53.6236 USD |
| Common | Sell Transaction | 254 | 53.6261 USD |
| Common | Sell Transaction | 12 | 53.6283 USD |
| Common | Sell Transaction | 103 | 53.6300 USD |
| Common | Sell Transaction | 1,294 | 53.6328 USD |
| Common | Sell Transaction | 25 | 53.6400 USD |
| Common | Sell Transaction | 9 | 53.6450 USD |
| Common | Sell Transaction | 325 | 53.6468 USD |
| Common | Sell Transaction | 61 | 53.6500 USD |
| Common | Sell Transaction | 504 | 53.6600 USD |
| Common | Sell Transaction | 104 | 53.6612 USD |
| Common | Sell Transaction | 667 | 53.6664 USD |
| Common | Sell Transaction | 1,333 | 53.6793 USD |
| Common | Sell Transaction | 300 | 53.6800 USD |
| Common | Sell Transaction | 79 | 53.6818 USD |
| Common | Sell Transaction | 12 | 53.6850 USD |
| Common | Sell Transaction | 36 | 53.6900 USD |
| Common | Sell Transaction | 166 | 53.7300 USD |
| Common | Sell Transaction | 1 | 53.7600 USD |
| Common | Sell Transaction | 94 | 53.7778 USD |
| Common | Sell Transaction | 103 | 53.8243 USD |
| Common | Sell Transaction | 10 | 53.8340 USD |
| Common | Sell Transaction | 223 | 53.8478 USD |
| Common | Sell Transaction | 16 | 53.8619 USD |
| Common | Sell Transaction | 1 | 53.8900 USD |
| Common | Sell Transaction | 106 | 53.9100 USD |
| Common | Sell Transaction | 59 | 53.9285 USD |
| Common | Sell Transaction | 310 | 53.9300 USD |
| Common | Sell Transaction | 15 | 53.9333 USD |
| Common | Sell Transaction | 26 | 53.9385 USD |
| Common | Sell Transaction | 164 | 53.9425 USD |
| Common | Sell Transaction | 33 | 53.9448 USD |
| Common | Sell Transaction | 113 | 53.9500 USD |
| Common | Sell Transaction | 271 | 53.9600 USD |
| Common | Sell Transaction | 182 | 53.9703 USD |
| Common | Sell Transaction | 163 | 53.9736 USD |
| Common | Sell Transaction | 633 | 53.9802 USD |
| Common | Sell Transaction | 100 | 53.9863 USD |
| Common | Sell Transaction | 50 | 53.9876 USD |
| Common | Sell Transaction | 6 | 53.9883 USD |
| Common | Sell Transaction | 745 | 53.9921 USD |
| Common | Sell Transaction | 109 | 53.9934 USD |
| Common | Sell Transaction | 365 | 53.9950 USD |
| Common | Sell Transaction | 24 | 53.9967 USD |
| Common | Sell Transaction | 200 | 54.0000 USD |
| Common | Sell Transaction | 865 | 54.0590 USD |
| Common | Sell Transaction | 1,585 | 54.0634 USD |
| Common | Sell Transaction | 14 | 54.0679 USD |
| Common | Sell Transaction | 964 | 54.0681 USD |
| Common | Sell Transaction | 1,115 | 54.0694 USD |
| Common | Sell Transaction | 400 | 54.0700 USD |
| Common | Sell Transaction | 1,755 | 54.0703 USD |
| Common | Sell Transaction | 1,982 | 54.0740 USD |
| Common | Sell Transaction | 46 | 54.0746 USD |
| Common | Sell Transaction | 2,798 | 54.0750 USD |
| Common | Sell Transaction | 2,032 | 54.0779 USD |
| Common | Sell Transaction | 25 | 54.0788 USD |
| Common | Sell Transaction | 200 | 54.0800 USD |
| Common | Sell Transaction | 400 | 54.0850 USD |
| Common | Sell Transaction | 30 | 54.0993 USD |
| Common | Sell Transaction | 7 | 54.1000 USD |
| Common | Sell Transaction | 1,372 | 54.1020 USD |
| Common | Sell Transaction | 555 | 54.1042 USD |
| Common | Sell Transaction | 230 | 54.1100 USD |
| Common | Sell Transaction | 301 | 54.1207 USD |
| Common | Sell Transaction | 7,800 | 54.1210 USD |
| Common | Sell Transaction | 1,302 | 54.1239 USD |
| Common | Sell Transaction | 263 | 54.1254 USD |
| Common | Sell Transaction | 483 | 54.1259 USD |
| Common | Sell Transaction | 1 | 54.1400 USD |
| Common | Sell Transaction | 659 | 54.1463 USD |
| Common | Sell Transaction | 6,563 | 54.1506 USD |
| Common | Sell Transaction | 291 | 54.1512 USD |
| Common | Sell Transaction | 341 | 54.1602 USD |
| Common | Sell Transaction | 837 | 54.1606 USD |
| Common | Sell Transaction | 1,116 | 54.1642 USD |
| Common | Sell Transaction | 201 | 54.1700 USD |
| Common | Sell Transaction | 278 | 54.1716 USD |
| Common | Sell Transaction | 641 | 54.1729 USD |
| Common | Sell Transaction | 2,668 | 54.1740 USD |
| Common | Sell Transaction | 6 | 54.1800 USD |
| Common | Sell Transaction | 1,555 | 54.1824 USD |
| Common | Sell Transaction | 967 | 54.1883 USD |
| Common | Sell Transaction | 138 | 54.1896 USD |
| Common | Sell Transaction | 2,677 | 54.1918 USD |
| Common | Sell Transaction | 924 | 54.2071 USD |
| Common | Sell Transaction | 250 | 54.2300 USD |
| Common | Sell Transaction | 500 | 54.2320 USD |
| Common | Sell Transaction | 1,947 | 54.2322 USD |
| Common | Sell Transaction | 220 | 54.2332 USD |
| Common | Sell Transaction | 14 | 54.2386 USD |
| Common | Sell Transaction | 282 | 54.2400 USD |
| Common | Sell Transaction | 1,406 | 54.2429 USD |
| Common | Sell Transaction | 120 | 54.2450 USD |
| Common | Sell Transaction | 271 | 54.2461 USD |
| Common | Sell Transaction | 113 | 54.2481 USD |
| Common | Sell Transaction | 316 | 54.2484 USD |
| Common | Sell Transaction | 1 | 54.2497 USD |
| Common | Sell Transaction | 40 | 54.2500 USD |
| Common | Sell Transaction | 1,334 | 54.2548 USD |
| Common | Sell Transaction | 61 | 54.2561 USD |
| Common | Sell Transaction | 7,114 | 54.2608 USD |
| Common | Sell Transaction | 226 | 54.2615 USD |
| Common | Sell Transaction | 110 | 54.2654 USD |
| Common | Sell Transaction | 65 | 54.2700 USD |
| Common | Sell Transaction | 130 | 54.2746 USD |
| Common | Sell Transaction | 1,600 | 54.2769 USD |
| Common | Sell Transaction | 494 | 54.2842 USD |
| Common | Sell Transaction | 250 | 54.2880 USD |
| Common | Sell Transaction | 1,180 | 54.2902 USD |
| Common | Sell Transaction | 2,690 | 54.2933 USD |
| Common | Sell Transaction | 912 | 54.2950 USD |
| Common | Sell Transaction | 15 | 54.3000 USD |
| Common | Sell Transaction | 44 | 54.3027 USD |
| Common | Sell Transaction | 101 | 54.3073 USD |
| Common | Sell Transaction | 197 | 54.3085 USD |
| Common | Sell Transaction | 2,595 | 54.3114 USD |
| Common | Sell Transaction | 823 | 54.3169 USD |
| Common | Sell Transaction | 980 | 54.3197 USD |
| Common | Sell Transaction | 614 | 54.3200 USD |
| Common | Sell Transaction | 282 | 54.3233 USD |
| Common | Sell Transaction | 434 | 54.3300 USD |
| Common | Sell Transaction | 13,344 | 54.3391 USD |
| Common | Sell Transaction | 644 | 54.3393 USD |
| Common | Sell Transaction | 68 | 54.3400 USD |
| Common | Sell Transaction | 540 | 54.3408 USD |
| Common | Sell Transaction | 440 | 54.3451 USD |
| Common | Sell Transaction | 451 | 54.3500 USD |
| Common | Sell Transaction | 1,143 | 54.3575 USD |
| Common | Sell Transaction | 523 | 54.3600 USD |
| Common | Sell Transaction | 218 | 54.3608 USD |
| Common | Sell Transaction | 412 | 54.3700 USD |
| Common | Sell Transaction | 151 | 54.3719 USD |
| Common | Sell Transaction | 100 | 54.3750 USD |
| Common | Sell Transaction | 1,091 | 54.3765 USD |
| Common | Sell Transaction | 343 | 54.3800 USD |
| Common | Sell Transaction | 2,200 | 54.3873 USD |
| Common | Sell Transaction | 321 | 54.3900 USD |
| Common | Sell Transaction | 200 | 54.3925 USD |
| Common | Sell Transaction | 100 | 54.3950 USD |
| Common | Sell Transaction | 578 | 54.4000 USD |
| Common | Sell Transaction | 101 | 54.4092 USD |
| Common | Sell Transaction | 498 | 54.4100 USD |
| Common | Sell Transaction | 16 | 54.4200 USD |
| Common | Sell Transaction | 5 | 54.4240 USD |
| Common | Sell Transaction | 644 | 54.4301 USD |
| Common | Sell Transaction | 2,101 | 54.4400 USD |
| Common | Sell Transaction | 554 | 54.4429 USD |
| Common | Sell Transaction | 799 | 54.4443 USD |
| Common | Sell Transaction | 1,700 | 54.4453 USD |
| Common | Sell Transaction | 1,700 | 54.4471 USD |
| Common | Sell Transaction | 909 | 54.4481 USD |
| Common | Sell Transaction | 1,747 | 54.4488 USD |
| Common | Sell Transaction | 125 | 54.4511 USD |
| Common | Sell Transaction | 13,217 | 54.4585 USD |
| Common | Sell Transaction | 2,006 | 54.4693 USD |
| Common | Sell Transaction | 1,000 | 54.4700 USD |
| Common | Sell Transaction | 200 | 54.4750 USD |
| Common | Sell Transaction | 34,875 | 54.4900 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 |
(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 |
| Common | Put Option | Buy Transaction | 1 | 52.0000 USD | American | 2024-Dec-27 | 0.1000 USD |
| Common | Call Option | Buy Transaction | 10 | 60.0000 USD | American | 2025-Jan-17 | 0.1600 USD |
| Common | Call Option | Buy Transaction | 5 | 60.0000 USD | American | 2025-Jan-17 | 0.2000 USD |
| Common | Put Option | Buy Transaction | 2 | 47.5000 USD | American | 2025-Jan-17 | 0.2000 USD |
| Common | Call Option | Buy Transaction | 219 | 62.5000 USD | American | 2025-Feb-21 | 0.3500 USD |
| Common | Call Option | Buy Transaction | 9 | 58.0000 USD | American | 2025-Jan-17 | 0.3500 USD |
| Common | Call Option | Buy Transaction | 1 | 54.0000 USD | American | 2024-Dec-27 | 0.4000 USD |
| Common | Call Option | Buy Transaction | 1 | 57.5000 USD | American | 2025-Jan-17 | 0.4500 USD |
| Common | Call Option | Buy Transaction | 2 | 54.0000 USD | American | 2024-Dec-27 | 0.4700 USD |
| Common | Call Option | Buy Transaction | 1 | 57.0000 USD | American | 2025-Jan-17 | 0.5000 USD |
| Common | Call Option | Buy Transaction | 4 | 57.0000 USD | American | 2025-Jan-17 | 0.5200 USD |
| Common | Call Option | Buy Transaction | 3 | 54.0000 USD | American | 2024-Dec-27 | 0.5400 USD |
| Common | Call Option | Buy Transaction | 5 | 57.0000 USD | American | 2025-Jan-17 | 0.5700 USD |
| Common | Call Option | Buy Transaction | 3 | 60.0000 USD | American | 2025-Feb-21 | 0.6300 USD |
| Common | Call Option | Buy Transaction | 10 | 54.0000 USD | American | 2024-Dec-27 | 0.7000 USD |
| Common | Put Option | Buy Transaction | 5 | 53.0000 USD | American | 2025-Jan-10 | 0.7400 USD |
| Common | Call Option | Buy Transaction | 1 | 54.0000 USD | American | 2025-Jan-03 | 0.8200 USD |
| Common | Put Option | Buy Transaction | 9 | 47.5000 USD | American | 2025-Apr-17 | 1.0000 USD |
| Common | Call Option | Buy Transaction | 2 | 55.0000 USD | American | 2025-Jan-17 | 1.0400 USD |
| Common | Put Option | Buy Transaction | 1 | 50.0000 USD | American | 2025-Feb-21 | 1.1300 USD |
| Common | Call Option | Buy Transaction | 2 | 54.0000 USD | American | 2025-Jan-10 | 1.1400 USD |
| Common | Call Option | Buy Transaction | 24 | 57.5000 USD | American | 2025-Feb-21 | 1.1500 USD |
| Common | Call Option | Buy Transaction | 2 | 57.5000 USD | American | 2025-Feb-21 | 1.2000 USD |
| Common | Call Option | Buy Transaction | 4 | 57.5000 USD | American | 2025-Feb-21 | 1.2500 USD |
| Common | Put Option | Buy Transaction | 1 | 50.0000 USD | American | 2025-Feb-21 | 1.2700 USD |
| Common | Call Option | Buy Transaction | 30 | 60.0000 USD | American | 2025-Apr-17 | 1.4000 USD |
| Common | Call Option | Buy Transaction | 1 | 54.0000 USD | American | 2025-Jan-24 | 1.6000 USD |
| Common | Call Option | Buy Transaction | 1 | 53.0000 USD | American | 2025-Jan-10 | 1.8300 USD |
| Common | Call Option | Buy Transaction | 8 | 55.0000 USD | American | 2025-Feb-21 | 2.0000 USD |
| Common | Call Option | Buy Transaction | 3 | 55.0000 USD | American | 2025-Feb-21 | 2.0500 USD |
| Common | Call Option | Buy Transaction | 2 | 55.0000 USD | American | 2025-Feb-21 | 2.0800 USD |
| Common | Put Option | Buy Transaction | 1 | 55.0000 USD | American | 2025-Jan-17 | 2.1000 USD |
| Common | Call Option | Buy Transaction | 4 | 57.5000 USD | American | 2025-Apr-17 | 2.1500 USD |
| Common | Call Option | Buy Transaction | 3 | 55.0000 USD | American | 2025-Feb-21 | 2.2000 USD |
| Common | Call Option | Buy Transaction | 1 | 57.5000 USD | American | 2025-Sep-19 | 3.6000 USD |
| Common | Call Option | Buy Transaction | 20 | 57.5000 USD | American | 2025-Sep-19 | 4.0000 USD |
| Common | Put Option | Buy Transaction | 1 | 57.5000 USD | American | 2025-Feb-21 | 5.1000 USD |
| Common | Call Option | Buy Transaction | 1 | 50.0000 USD | American | 2025-Apr-17 | 6.0600 USD |
| Common | Call Option | Buy Transaction | 2 | 50.0000 USD | American | 2025-Sep-19 | 7.7400 USD |
| Common | Call Option | Buy Transaction | 8 | 50.0000 USD | American | 2025-Sep-19 | 7.7500 USD |
| Common | Call Option | Buy Transaction | 3 | 47.5000 USD | American | 2026-Jan-16 | 9.8000 USD |
| Common | Call Option | Buy Transaction | 2 | 45.0000 USD | American | 2025-Apr-17 | 10.0800 USD |
| Common | Call Option | Sell Transaction | 56 | 60.0000 USD | American | 2025-Jan-17 | 0.2000 USD |
| Common | Call Option | Sell Transaction | 2 | 65.0000 USD | American | 2025-Feb-21 | 0.2000 USD |
| Common | Put Option | Sell Transaction | 1 | 50.0000 USD | American | 2025-Jan-17 | 0.4000 USD |
| Common | Put Option | Sell Transaction | 2 | 48.0000 USD | American | 2025-Jan-24 | 0.4000 USD |
| Common | Call Option | Sell Transaction | 2 | 56.0000 USD | American | 2025-Jan-10 | 0.4700 USD |
| Common | Call Option | Sell Transaction | 10 | 57.5000 USD | American | 2025-Jan-17 | 0.5500 USD |
| Common | Call Option | Sell Transaction | 5 | 57.5000 USD | American | 2025-Jan-17 | 0.6000 USD |
| Common | Put Option | Sell Transaction | 15 | 54.0000 USD | American | 2024-Dec-27 | 0.8100 USD |
| Common | Put Option | Sell Transaction | 13 | 54.0000 USD | American | 2024-Dec-27 | 0.8200 USD |
| Common | Call Option | Sell Transaction | 2 | 60.0000 USD | American | 2025-Apr-17 | 1.3500 USD |
| Common | Put Option | Sell Transaction | 1 | 42.5000 USD | American | 2025-Sep-19 | 1.4000 USD |
| Common | Call Option | Sell Transaction | 1 | 53.0000 USD | American | 2025-Jan-10 | 1.7000 USD |
| Common | Put Option | Sell Transaction | 1 | 47.5000 USD | American | 2025-Sep-19 | 2.5500 USD |
| Common | Put Option | Sell Transaction | 1 | 47.5000 USD | American | 2025-Sep-19 | 2.6500 USD |
| Common | Put Option | Sell Transaction | 1 | 45.0000 USD | American | 2026-Jan-16 | 2.7500 USD |
| Common | Call Option | Sell Transaction | 1 | 55.0000 USD | American | 2025-Apr-17 | 3.1000 USD |
| Common | Call Option | Sell Transaction | 33 | 60.0000 USD | American | 2026-Jan-16 | 4.1000 USD |
| Common | Put Option | Sell Transaction | 150 | 52.5000 USD | American | 2025-Sep-19 | 4.1000 USD |
| Common | Call Option | Sell Transaction | 1 | 50.0000 USD | American | 2025-Jan-17 | 4.6700 USD |
| Common | Call Option | Sell Transaction | 10 | 50.0000 USD | American | 2025-Jan-17 | 4.9100 USD |
| Common | Put Option | Sell Transaction | 1 | 55.0000 USD | American | 2025-Sep-19 | 5.6000 USD |
| Common | Call Option | Sell Transaction | 10 | 47.5000 USD | American | 2025-Jan-17 | 7.1900 USD |
| Common | Call Option | Sell Transaction | 2 | 45.0000 USD | American | 2025-Jan-17 | 9.4300 USD |
| Common | Call Option | Sell Transaction | 1 | 40.0000 USD | American | 2025-Jan-17 | 14.5000 USD |
(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: | 24 December 2024 |
| Contact name: | Paula Santos |
| Telephone number*: | 020 7645 9700 |
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.
*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.
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: | Citadel Group |
| Name of offeror/offeree in relation to whose relevant securities the disclosure relates: | INTERNATIONAL PAPER CO |
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 |
| Common | Put Option | Purchased | -5,000 | 51.0 USD
| American
| 03/01/2025
|
| Common | Call Option | Purchased | 3,000 | 60.0 USD
| American
| 24/01/2025
|
| Common | Put Option | Purchased | -4,100 | 55.0 USD
| American
| 17/01/2025
|
| Common | Put Option | Purchased | -12,000 | 25.0 USD
| American
| 17/01/2025
|
| Common | Put Option | Purchased | 0 | 57.0 USD
| American
| 24/01/2025
|
| Common | Call Option | Purchased | 100 | 56.0 USD
| American
| 31/01/2025
|
| Common | Call Option | Purchased | 100 | 35.0 USD
| American
| 15/01/2027
|
| Common | Put Option | Purchased | -50,000 | 52.5 USD
| American
| 16/01/2026
|
| Common | Put Option | Purchased | -1,600 | 42.5 USD
| American
| 20/06/2025
|
| Common | Call Option | Purchased | 500 | 67.5 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 200 | 54.0 USD
| American
| 10/01/2025
|
| Common | Put Option | Purchased | -200 | 42.5 USD
| American
| 19/09/2025
|
| Common | Call Option | Purchased | 13,600 | 55.0 USD
| American
| 17/01/2025
|
| Common | Put Option | Purchased | -4,500 | 45.0 USD
| American
| 17/04/2025
|
| Common | Call Option | Purchased | 2,000 | 61.0 USD
| American
| 10/01/2025
|
| Common | Call Option | Purchased | 81,500 | 54.9 USD
| European
| 13/10/2025
|
| Common | Put Option | Purchased | -100 | 32.5 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 6,000 | 55.0 USD
| American
| 20/06/2025
|
| Common | Call Option | Purchased | 600 | 55.0 USD
| American
| 03/01/2025
|
| Common | Put Option | Purchased | -100 | 50.0 USD
| American
| 21/02/2025
|
| Common | Put Option | Purchased | -100 | 50.0 USD
| American
| 24/01/2025
|
| Common | Call Option | Purchased | 900 | 58.0 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 500 | 58.0 USD
| American
| 03/01/2025
|
| Common | Call Option | Purchased | 100 | 54.0 USD
| American
| 03/01/2025
|
| Common | Put Option | Purchased | -100 | 52.0 USD
| American
| 31/01/2025
|
| Common | Call Option | Purchased | 81,500 | 54.9 USD
| European
| 14/10/2025
|
| Common | Call Option | Purchased | 800 | 57.0 USD
| American
| 10/01/2025
|
| Common | Put Option | Purchased | -100 | 52.5 USD
| American
| 17/10/2025
|
| Common | Put Option | Purchased | -8,500 | 40.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Purchased | -4,900 | 55.0 USD
| American
| 24/01/2025
|
| Common | Put Option | Purchased | -10,500 | 45.0 USD
| American
| 17/10/2025
|
| Common | Call Option | Purchased | 1,700 | 54.0 USD
| American
| 27/12/2024
|
| Common | Call Option | Purchased | 13,200 | 57.5 USD
| American
| 17/04/2025
|
| Common | Put Option | Purchased | -6,500 | 27.5 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 800 | 59.0 USD
| American
| 10/01/2025
|
| Common | Put Option | Purchased | -8,300 | 42.5 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 100 | 35.0 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 1,000 | 54.0 USD
| American
| 31/01/2025
|
| Common | Call Option | Purchased | 2,400 | 65.0 USD
| American
| 17/01/2025
|
| Common | Put Option | Purchased | -200 | 57.0 USD
| American
| 27/12/2024
|
| Common | Put Option | Purchased | -3,400 | 50.0 USD
| American
| 19/09/2025
|
| Common | Call Option | Purchased | 100 | 32.5 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 700 | 65.0 USD
| American
| 19/09/2025
|
| Common | Call Option | Purchased | 300 | 47.5 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 400 | 60.0 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 28,900 | 52.5 USD
| American
| 19/09/2025
|
| Common | Call Option | Purchased | 1,600 | 70.0 USD
| American
| 17/04/2025
|
| Common | Call Option | Purchased | 1,500 | 57.5 USD
| American
| 20/06/2025
|
| Common | Put Option | Purchased | -1,200 | 15.0 USD
| American
| 17/01/2025
|
| Common | Put Option | Purchased | -9,800 | 57.5 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 2,400 | 50.0 USD
| American
| 15/01/2027
|
| Common | Call Option | Purchased | 30,900 | 55.0 USD
| American
| 17/10/2025
|
| Common | Put Option | Purchased | -6,300 | 17.5 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 100 | 40.0 USD
| American
| 20/06/2025
|
| Common | Call Option | Purchased | 100 | 61.0 USD
| American
| 24/01/2025
|
| Common | Put Option | Purchased | -50,000 | 54.9 USD
| European
| 14/10/2025
|
| Common | Call Option | Purchased | 20,400 | 27.5 USD
| American
| 16/01/2026
|
| Common | Call Option | Purchased | 5,400 | 55.0 USD
| American
| 21/02/2025
|
| Common | Put Option | Purchased | -7,100 | 50.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Purchased | -7,900 | 52.5 USD
| American
| 19/09/2025
|
| Common | Call Option | Purchased | 0 | 54.0 USD
| American
| 24/01/2025
|
| Common | Call Option | Purchased | 100 | 57.5 USD
| American
| 18/07/2025
|
| Common | Call Option | Purchased | 300 | 42.5 USD
| American
| 20/06/2025
|
| Common | Call Option | Purchased | 500 | 60.0 USD
| American
| 10/01/2025
|
| Common | Call Option | Purchased | 600 | 30.0 USD
| American
| 15/01/2027
|
| Common | Call Option | Purchased | 700 | 50.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Purchased | -700 | 42.5 USD
| American
| 21/02/2025
|
| Common | Call Option | Purchased | 400 | 55.0 USD
| American
| 15/01/2027
|
| Common | Call Option | Purchased | 21,600 | 62.5 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 300 | 70.0 USD
| American
| 15/01/2027
|
| Common | Call Option | Purchased | 51,600 | 40.0 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 100 | 62.0 USD
| American
| 03/01/2025
|
| Common | Put Option | Purchased | -2,800 | 20.0 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 5,100 | 67.5 USD
| American
| 16/01/2026
|
| Common | Call Option | Purchased | 2,400 | 40.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Purchased | -42,400 | 55.0 USD
| American
| 27/12/2024
|
| Common | Put Option | Purchased | -1,000 | 35.0 USD
| American
| 17/10/2025
|
| Common | Put Option | Purchased | -2,100 | 60.0 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 300 | 55.0 USD
| American
| 18/07/2025
|
| Common | Call Option | Purchased | 1,900 | 50.0 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 700 | 57.5 USD
| American
| 17/10/2025
|
| Common | Call Option | Purchased | 200 | 30.0 USD
| American
| 19/09/2025
|
| Common | Put Option | Purchased | -500 | 37.5 USD
| American
| 19/09/2025
|
| Common | Call Option | Purchased | 7,200 | 62.5 USD
| American
| 17/10/2025
|
| Common | Call Option | Purchased | 22,200 | 52.5 USD
| American
| 17/10/2025
|
| Common | Put Option | Purchased | -12,100 | 37.5 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 700 | 52.5 USD
| American
| 16/01/2026
|
| Common | Call Option | Purchased | 200 | 70.0 USD
| American
| 17/01/2025
|
| Common | Put Option | Purchased | -200 | 40.0 USD
| American
| 20/06/2025
|
| Common | Put Option | Purchased | -700 | 54.0 USD
| American
| 03/01/2025
|
| Common | Call Option | Purchased | 100 | 59.0 USD
| American
| 31/01/2025
|
| Common | Call Option | Purchased | 100 | 67.5 USD
| American
| 17/04/2025
|
| Common | Call Option | Purchased | 3,100 | 30.0 USD
| American
| 16/01/2026
|
| Common | Call Option | Purchased | 500 | 53.0 USD
| American
| 27/12/2024
|
| Common | Call Option | Purchased | 100 | 37.5 USD
| American
| 20/06/2025
|
| Common | Call Option | Purchased | 400 | 59.0 USD
| American
| 27/12/2024
|
| Common | Call Option | Purchased | 600 | 32.5 USD
| American
| 15/01/2027
|
| Common | Put Option | Purchased | -20,000 | 55.0 USD
| American
| 16/01/2026
|
| Common | Call Option | Purchased | 500 | 45.0 USD
| American
| 17/04/2025
|
| Common | Call Option | Purchased | 202,700 | 45.0 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 5,200 | 60.0 USD
| American
| 17/10/2025
|
| Common | Call Option | Purchased | 100 | 56.0 USD
| American
| 03/01/2025
|
| Common | Put Option | Purchased | -500 | 35.0 USD
| American
| 18/07/2025
|
| Common | Put Option | Purchased | -1,200 | 52.0 USD
| American
| 27/12/2024
|
| Common | Put Option | Purchased | -3,200 | 22.5 USD
| American
| 17/01/2025
|
| Common | Put Option | Purchased | 0 | 59.0 USD
| American
| 27/12/2024
|
| Common | Call Option | Purchased | 59,500 | 52.5 USD
| American
| 17/01/2025
|
| Common | Put Option | Purchased | -50,000 | 54.9 USD
| European
| 13/10/2025
|
| Common | Put Option | Purchased | -200 | 25.0 USD
| American
| 17/01/2025
|
| Common | Put Option | Purchased | -500 | 52.5 USD
| American
| 16/01/2026
|
| Common | Put Option | Purchased | -400 | 42.5 USD
| American
| 17/04/2025
|
| Common | Put Option | Purchased | 0 | 47.5 USD
| American
| 15/01/2027
|
| Common | Put Option | Purchased | -50,000 | 54.9 USD
| European
| 15/10/2025
|
| Common | Call Option | Purchased | 300 | 60.0 USD
| American
| 03/01/2025
|
| Common | Put Option | Purchased | -4,000 | 32.5 USD
| American
| 16/01/2026
|
| Common | Call Option | Purchased | 1,000 | 60.0 USD
| American
| 18/07/2025
|
| Common | Put Option | Purchased | -100 | 35.0 USD
| American
| 16/01/2026
|
| Common | Call Option | Purchased | 2,100 | 52.5 USD
| American
| 17/04/2025
|
| Common | Call Option | Purchased | 38,500 | 42.5 USD
| American
| 17/01/2025
|
| Common | Put Option | Purchased | -24,000 | 22.5 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 1,200 | 50.0 USD
| American
| 19/09/2025
|
| Common | Call Option | Purchased | 5,400 | 57.5 USD
| American
| 21/02/2025
|
| Common | Call Option | Purchased | 1,000 | 80.0 USD
| American
| 16/01/2026
|
| Common | Call Option | Purchased | 100 | 65.0 USD
| American
| 18/07/2025
|
| Common | Put Option | Purchased | -700 | 40.0 USD
| American
| 17/04/2025
|
| Common | Put Option | Purchased | -500 | 37.5 USD
| American
| 20/06/2025
|
| Common | Call Option | Purchased | 2,500 | 55.0 USD
| American
| 19/09/2025
|
| Common | Call Option | Purchased | 13,500 | 50.0 USD
| American
| 20/06/2025
|
| Common | Call Option | Purchased | 100 | 62.0 USD
| American
| 27/12/2024
|
| Common | Call Option | Purchased | 11,800 | 55.0 USD
| American
| 16/01/2026
|
| Common | Call Option | Purchased | 3,000 | 51.0 USD
| American
| 27/12/2024
|
| Common | Put Option | Purchased | -100 | 37.5 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 1,700 | 32.5 USD
| American
| 16/01/2026
|
| Common | Call Option | Purchased | 9,000 | 65.0 USD
| American
| 17/04/2025
|
| Common | Call Option | Purchased | 81,500 | 54.9 USD
| European
| 15/10/2025
|
| Common | Put Option | Purchased | -100 | 27.5 USD
| American
| 17/01/2025
|
| Common | Put Option | Purchased | -31,600 | 50.0 USD
| American
| 20/06/2025
|
| Common | Put Option | Purchased | -3,600 | 45.0 USD
| American
| 20/06/2025
|
| Common | Call Option | Purchased | 900 | 52.5 USD
| American
| 15/01/2027
|
| Common | Call Option | Purchased | 5,900 | 37.5 USD
| American
| 16/01/2026
|
| Common | Call Option | Purchased | 300 | 67.5 USD
| American
| 15/01/2027
|
| Common | Put Option | Purchased | -500 | 20.0 USD
| American
| 16/01/2026
|
| Common | Call Option | Purchased | 500 | 62.0 USD
| American
| 10/01/2025
|
| Common | Put Option | Purchased | -100 | 47.5 USD
| American
| 17/10/2025
|
| Common | Put Option | Purchased | -100 | 45.0 USD
| American
| 21/02/2025
|
| Common | Call Option | Purchased | 20,700 | 57.5 USD
| American
| 19/09/2025
|
| Common | Call Option | Purchased | 1,000 | 57.0 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 59,500 | 55.0 USD
| American
| 17/04/2025
|
| Common | Call Option | Purchased | 40,800 | 52.5 USD
| American
| 20/06/2025
|
| Common | Call Option | Purchased | 6,700 | 35.0 USD
| American
| 16/01/2026
|
| Common | Call Option | Purchased | 22,100 | 62.5 USD
| American
| 21/02/2025
|
| Common | Call Option | Purchased | 68,800 | 50.0 USD
| American
| 17/01/2025
|
| Common | Call Option | Purchased | 500 | 40.0 USD
| American
| 17/04/2025
|
| Common | Call Option | Purchased | 800 | 40.0 USD
| American
| 15/01/2027
|
| Common | Put Option | Purchased | -11,500 | 55.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Purchased | -12,500 | 50.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Purchased | -20,600 | 56.0 USD
| American
| 24/01/2025
|
| Common | Put Option | Purchased | -2,600 | 45.0 USD
| American
| 19/09/2025
|
| Common | Call Option | Purchased | 2,600 | 60.0 USD
| American
| 20/06/2025
|
| Common | Put Option | Purchased | -28,000 | 58.0 USD
| American
| 27/12/2024
|
| Common | Put Option | Purchased | -5,400 | 17.5 USD
| American
| 16/01/2026
|
| Common | Call Option | Purchased | 13,200 | 60.0 USD
| American
| 17/04/2025
|
| Common | Call Option | Purchased | 100 | 62.5 USD
| American
| 20/06/2025
|
| Common | Put Option | Purchased | -200 | 50.0 USD
| American
| 27/12/2024
|
| Common | Call Option | Purchased | 2,500 | 65.0 USD
| American
| 20/06/2025
|
| Common | Call Option | Purchased | 300 | 58.0 USD
| American
| 24/01/2025
|
| Common | Call Option | Purchased | 3,600 | 70.0 USD
| American
| 20/06/2025
|
| Common | Call Option | Sold | -33,600 | 57.5 USD
| American
| 17/01/2025
|
| Common | Put Option | Sold | 17,000 | 50.0 USD
| American
| 17/01/2025
|
| Common | Put Option | Sold | 7,200 | 54.0 USD
| American
| 27/12/2024
|
| Common | Put Option | Sold | 20,000 | 52.5 USD
| American
| 17/04/2025
|
| Common | Call Option | Sold | -200 | 20.0 USD
| American
| 17/01/2025
|
| Common | Put Option | Sold | 45,000 | 47.5 USD
| American
| 17/01/2025
|
| Common | Call Option | Sold | -500 | 65.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Sold | 100 | 49.0 USD
| American
| 24/01/2025
|
| Common | Put Option | Sold | 154,400 | 40.0 USD
| American
| 17/01/2025
|
| Common | Put Option | Sold | 21,800 | 55.0 USD
| American
| 17/04/2025
|
| Common | Call Option | Sold | -3,300 | 55.0 USD
| American
| 27/12/2024
|
| Common | Call Option | Sold | -100 | 51.0 USD
| American
| 24/01/2025
|
| Common | Put Option | Sold | 1,600 | 53.0 USD
| American
| 27/12/2024
|
| Common | Put Option | Sold | 2,400 | 52.0 USD
| American
| 10/01/2025
|
| Common | Call Option | Sold | -7,900 | 70.0 USD
| American
| 16/01/2026
|
| Common | Call Option | Sold | -114,900 | 60.0 USD
| American
| 17/01/2025
|
| Common | Call Option | Sold | -2,200 | 45.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Sold | 200 | 57.5 USD
| American
| 18/07/2025
|
| Common | Put Option | Sold | 6,100 | 60.0 USD
| American
| 20/06/2025
|
| Common | Call Option | Sold | -200 | 57.0 USD
| American
| 03/01/2025
|
| Common | Call Option | Sold | -700 | 60.0 USD
| American
| 27/12/2024
|
| Common | Call Option | Sold | -1,600 | 65.0 USD
| American
| 17/10/2025
|
| Common | Call Option | Sold | -10,200 | 47.5 USD
| American
| 17/04/2025
|
| Common | Put Option | Sold | 1,000 | 47.5 USD
| American
| 20/06/2025
|
| Common | Put Option | Sold | 1,400 | 55.0 USD
| American
| 03/01/2025
|
| Common | Call Option | Sold | -200 | 30.0 USD
| American
| 17/01/2025
|
| Common | Put Option | Sold | 4,800 | 25.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Sold | 3,000 | 62.5 USD
| American
| 20/06/2025
|
| Common | Call Option | Sold | -5,800 | 57.0 USD
| American
| 27/12/2024
|
| Common | Put Option | Sold | 16,200 | 32.5 USD
| American
| 17/01/2025
|
| Common | Put Option | Sold | 100 | 51.0 USD
| American
| 10/01/2025
|
| Common | Call Option | Sold | -5,500 | 56.0 USD
| American
| 27/12/2024
|
| Common | Put Option | Sold | 100 | 27.5 USD
| American
| 16/01/2026
|
| Common | Call Option | Sold | -100 | 59.0 USD
| American
| 24/01/2025
|
| Common | Call Option | Sold | -200 | 59.0 USD
| American
| 03/01/2025
|
| Common | Put Option | Sold | 500 | 35.0 USD
| American
| 15/01/2027
|
| Common | Call Option | Sold | -400 | 37.5 USD
| American
| 19/09/2025
|
| Common | Put Option | Sold | 100 | 57.5 USD
| American
| 20/06/2025
|
| Common | Put Option | Sold | 300 | 55.0 USD
| American
| 19/09/2025
|
| Common | Put Option | Sold | 300 | 52.5 USD
| American
| 20/06/2025
|
| Common | Call Option | Sold | -200 | 65.0 USD
| American
| 21/02/2025
|
| Common | Call Option | Sold | -494,700 | 47.5 USD
| American
| 17/01/2025
|
| Common | Call Option | Sold | -3,500 | 62.5 USD
| American
| 16/01/2026
|
| Common | Call Option | Sold | -800 | 60.0 USD
| American
| 21/02/2025
|
| Common | Call Option | Sold | -5,000 | 37.5 USD
| American
| 17/01/2025
|
| Common | Call Option | Sold | -29,200 | 58.0 USD
| American
| 10/01/2025
|
| Common | Put Option | Sold | 2,700 | 42.5 USD
| American
| 16/01/2026
|
| Common | Put Option | Sold | 100 | 62.5 USD
| American
| 16/01/2026
|
| Common | Call Option | Sold | -400 | 42.5 USD
| American
| 17/04/2025
|
| Common | Put Option | Sold | 6,800 | 55.0 USD
| American
| 20/06/2025
|
| Common | Call Option | Sold | -2,400 | 42.5 USD
| American
| 16/01/2026
|
| Common | Call Option | Sold | -200 | 50.0 USD
| American
| 17/10/2025
|
| Common | Put Option | Sold | 300 | 48.0 USD
| American
| 24/01/2025
|
| Common | Call Option | Sold | -800 | 47.5 USD
| American
| 20/06/2025
|
| Common | Put Option | Sold | 1,100 | 53.0 USD
| American
| 10/01/2025
|
| Common | Call Option | Sold | -200 | 56.0 USD
| American
| 10/01/2025
|
| Common | Call Option | Sold | -8,800 | 45.0 USD
| American
| 20/06/2025
|
| Common | Put Option | Sold | 21,000 | 57.5 USD
| American
| 17/04/2025
|
| Common | Call Option | Sold | -600 | 58.0 USD
| American
| 27/12/2024
|
| Common | Call Option | Sold | -100 | 75.0 USD
| American
| 20/06/2025
|
| Common | Put Option | Sold | 3,000 | 62.5 USD
| American
| 17/04/2025
|
| Common | Put Option | Sold | 1,900 | 52.5 USD
| American
| 17/01/2025
|
| Common | Call Option | Sold | -9,800 | 62.5 USD
| American
| 17/04/2025
|
| Common | Put Option | Sold | 300 | 47.5 USD
| American
| 16/01/2026
|
| Common | Call Option | Sold | -3,700 | 55.0 USD
| American
| 10/01/2025
|
| Common | Call Option | Sold | -400 | 56.0 USD
| American
| 24/01/2025
|
| Common | Put Option | Sold | 600 | 60.0 USD
| American
| 17/04/2025
|
| Common | Put Option | Sold | 2,600 | 53.0 USD
| American
| 03/01/2025
|
| Common | Call Option | Sold | -800 | 60.0 USD
| American
| 19/09/2025
|
| Common | Call Option | Sold | -1,000 | 85.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Sold | 12,900 | 45.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Sold | 4,200 | 37.5 USD
| American
| 16/01/2026
|
| Common | Put Option | Sold | 1,200 | 56.0 USD
| American
| 27/12/2024
|
| Common | Put Option | Sold | 2,200 | 52.0 USD
| American
| 03/01/2025
|
| Common | Call Option | Sold | -2,000 | 42.5 USD
| American
| 17/10/2025
|
| Common | Put Option | Sold | 1,100 | 50.0 USD
| American
| 17/10/2025
|
| Common | Put Option | Sold | 400 | 55.0 USD
| American
| 10/01/2025
|
| Common | Put Option | Sold | 500 | 57.5 USD
| American
| 21/02/2025
|
| Common | Call Option | Sold | -2,500 | 47.5 USD
| American
| 19/09/2025
|
| Common | Put Option | Sold | 40,900 | 45.0 USD
| American
| 17/01/2025
|
| Common | Call Option | Sold | -100 | 53.0 USD
| American
| 10/01/2025
|
| Common | Call Option | Sold | -64,700 | 55.0 USD
| American
| 17/01/2025
|
| Common | Put Option | Sold | 3,000 | 30.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Sold | 1,600 | 52.5 USD
| American
| 21/02/2025
|
| Common | Put Option | Sold | 9,000 | 47.5 USD
| American
| 17/04/2025
|
| Common | Put Option | Sold | 200 | 50.0 USD
| American
| 17/04/2025
|
| Common | Put Option | Sold | 29,100 | 35.0 USD
| American
| 17/01/2025
|
| Common | Call Option | Sold | -10,400 | 50.0 USD
| American
| 17/04/2025
|
| Common | Put Option | Sold | 500 | 54.0 USD
| American
| 10/01/2025
|
| Common | Put Option | Sold | 300 | 55.0 USD
| American
| 18/07/2025
|
| Common | Call Option | Sold | -100 | 52.5 USD
| American
| 21/02/2025
|
| Common | Put Option | Sold | 900 | 47.5 USD
| American
| 19/09/2025
|
| Common | Call Option | Sold | -1,100 | 57.5 USD
| American
| 16/01/2026
|
| Common | Put Option | Sold | 200 | 59.0 USD
| American
| 03/01/2025
|
| Common | Call Option | Sold | -1,900 | 47.5 USD
| American
| 16/01/2026
|
| Common | Call Option | Sold | -6,700 | 60.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Sold | 1,600 | 55.0 USD
| American
| 21/02/2025
|
| Common | Put Option | Sold | 200 | 65.0 USD
| American
| 20/06/2025
|
| Common | Call Option | Sold | -100 | 45.0 USD
| American
| 17/10/2025
|
| Common | Put Option | Sold | 100 | 60.0 USD
| American
| 16/01/2026
|
| Common | Put Option | Sold | 100 | 37.5 USD
| American
| 17/04/2025
|
| Common | Put Option | Sold | 1,200 | 57.0 USD
| American
| 03/01/2025
|
| Common | Call Option | Sold | -600 | 50.0 USD
| American
| 21/02/2025
|
| Common | Put Option | Sold | 65,800 | 30.0 USD
| American
| 17/01/2025
|
| Common | Call Option | Sold | -4,200 | 42.5 USD
| American
| 19/09/2025
|
| Common | Put Option | Sold | 1,800 | 56.0 USD
| American
| 03/01/2025
|
| Common | Put Option | Sold | 5,100 | 57.5 USD
| American
| 16/01/2026
|
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
