Citigroup Global Markets Limited Form 38.5a (EPT/RI) - Amendment (4314I)

TIDMSKG

RNS Number : 4314I

Citigroup Global Markets Limited

21 March 2018

FORM 38.5(a) - Amendment

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

Amendments to sections 2 (a) & (b)

   1.       KEY INFORMATION 
 
Name of exempt principal    Citigroup Global Markets 
 trader                              Limited 
==========================  ======================== 
Company dealt in            Smurfit Kappa Group plc 
==========================  ======================== 
Class of relevant security  EUR0.001 Ordinary Shares 
 to which the dealings 
 being disclosed relate 
 (Note 1) 
==========================  ======================== 
Date of dealing                  19 March 2018 
==========================  ======================== 
 
   2.        DEALINGS (Note 2) 
   (a)      Purchases and sales 
 
 Total number                 Highest price paid (Note     Lowest price 
  of relevant                  3)                           paid 
  securities acquired                                       (Note 3) 
=====================  ===============================  =============== 
       269,218                   EUR 35.4000              EUR 35.1926 
=====================  ===============================  =============== 
       11,840                    GBP 30.9168              GBP 30.7835 
=====================  ===============================  =============== 
 
 
 Total number           Highest price received     Lowest price 
  of securities          (Note 3)                   received 
  disposed                                          (Note 3) 
===============  =============================  =============== 
    879,053               EUR 35.6800             EUR 35.1000 
===============  =============================  =============== 
    11,840                GBP 30.8900             GBP 30.8752 
===============  =============================  =============== 
 
   (b)      Derivatives transactions (other than options transactions) 
 
 Product      Nature of transaction    Number of relevant   Price per 
  name,        (Note 4)                 securities           unit 
  e.g. CFD                              (Note 5)             (Note 3) 
===========  =======================  ===================  ========== 
    TRS           Opening Short             50,000          35.2176 
===========  =======================  ===================  ========== 
    TRS           Reducing Long               335           35.2979 
===========  =======================  ===================  ========== 
    TRS         Increasing Short            32,870          35.3807 
===========  =======================  ===================  ========== 
    TRS         Increasing Short            62,130          35.3807 
===========  =======================  ===================  ========== 
    TRS          Reducing Short             493,881         35.2400 
===========  =======================  ===================  ========== 
    TRS          Reducing Short             261,289         35.2400 
===========  =======================  ===================  ========== 
 
   (c)      Options transactions in respect of existing relevant securities 
   (i)       Writing, selling, purchasing or varying 
 
 Product      Writing,      Number of        Exercise   Type,            Expiry   Option 
  name,        selling,      securities       price      e.g. American,   date     money paid/received 
  e.g. call    purchasing,   to which                    European                  per unit 
  option       varying       the option                  etc.                      (Note 3) 
               etc.          relates (Note 
                             5) 
===========  =============  ==============  =========  ================  ======  ===================== 
 
 
   (ii)      Exercising 
 
Product name,             Number of securities      Exercise price 
 e.g. call option                                    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           21 March 2018 
===========================  ======================= 
Contact name                 Damian Flanagan 
===========================  ======================= 
Telephone number             00 44 (0)28 90409676 
===========================  ======================= 
Name of offeree/offeror      Smurfit Kappa Group plc 
 with which connected 
===========================  ======================= 
Nature of connection (Note    Financial Advisor 
 6) 
===========================  ======================= 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 21, 2018 05:56 ET (09:56 GMT)