Form 8.3 - Smith (DS) plc

Societe Generale SA

01 May 2024

 

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:	SOCIETE GENERALE SA
(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	Smith (DS) 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	30/04/2024
(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: 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.

(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:	10p ordinary
	Interests		Short positions
	Number	%	Number	%
(1)  Relevant securities owned and/or controlled:	16,719,513	1.21	236,331	0.02
(2)  Cash-settled derivatives:	8,711	0.00	400,000	0.03
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	16,728,224	1.21	636,331	0.05

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 GBP
10p ordinary	Purchase	1	3.504
10p ordinary	Purchase	4	3.524
10p ordinary	Purchase	105	3.512
10p ordinary	Purchase	4	3.524
10p ordinary	Purchase	60	3.512
10p ordinary	Purchase	4	3.524
10p ordinary	Purchase	376	3.504
10p ordinary	Purchase	1	3.516
10p ordinary	Purchase	22	3.516
10p ordinary	Purchase	22	3.516
10p ordinary	Purchase	32	3.516
10p ordinary	Purchase	34	3.516
10p ordinary	Purchase	72	3.516
10p ordinary	Purchase	82	3.516
10p ordinary	Purchase	154	3.516
10p ordinary	Purchase	265	3.516
10p ordinary	Purchase	374	3.516
10p ordinary	Purchase	439	3.516
10p ordinary	Purchase	512	3.516
10p ordinary	Purchase	512	3.516
10p ordinary	Purchase	807	3.516
10p ordinary	Purchase	2,561	3.504
10p ordinary	Purchase	2,561	3.504
10p ordinary	Purchase	2,561	3.504
10p ordinary	Purchase	5,121	3.504
10p ordinary	Purchase	5,121	3.504
10p ordinary	Purchase	5,121	3.504
10p ordinary	Purchase	5,121	3.504
10p ordinary	Purchase	5,121	3.504
10p ordinary	Purchase	5,121	3.504
10p ordinary	Purchase	5,121	3.504
10p ordinary	Purchase	30	3.516
10p ordinary	Purchase	59	3.516
10p ordinary	Purchase	113	3.514
10p ordinary	Purchase	115	3.516
10p ordinary	Purchase	129	3.516
10p ordinary	Purchase	150	3.512
10p ordinary	Purchase	188	3.516
10p ordinary	Purchase	264	3.516
10p ordinary	Purchase	399	3.518
10p ordinary	Purchase	518	3.514
10p ordinary	Purchase	526	3.516
10p ordinary	Purchase	543	3.518
10p ordinary	Purchase	714	3.518
10p ordinary	Purchase	726	3.516
10p ordinary	Purchase	749	3.512
10p ordinary	Purchase	761	3.516
10p ordinary	Purchase	791	3.538
10p ordinary	Purchase	1,092	3.518
10p ordinary	Purchase	1,356	3.524
10p ordinary	Purchase	1,373	3.514
10p ordinary	Purchase	1,762	3.52
10p ordinary	Purchase	1,926	3.512
10p ordinary	Purchase	1,956	3.522
10p ordinary	Purchase	2,132	3.514
10p ordinary	Purchase	2,292	3.516
10p ordinary	Purchase	1,303	3.512
10p ordinary	Purchase	869	3.516
10p ordinary	Purchase	988	3.518
10p ordinary	Purchase	1,285	3.512
10p ordinary	Purchase	1,600	3.518
10p ordinary	Purchase	9	3.51
10p ordinary	Purchase	18	3.512
10p ordinary	Purchase	25	3.51
10p ordinary	Purchase	26	3.51
10p ordinary	Purchase	67	3.512
10p ordinary	Purchase	82	3.512
10p ordinary	Purchase	100	3.512
10p ordinary	Purchase	129	3.512
10p ordinary	Purchase	200	3.51
10p ordinary	Purchase	200	3.512
10p ordinary	Purchase	229	3.516
10p ordinary	Purchase	300	3.512
10p ordinary	Purchase	400	3.512
10p ordinary	Purchase	400	3.512
10p ordinary	Purchase	517	3.516
10p ordinary	Purchase	701	3.512
10p ordinary	Purchase	941	3.51
10p ordinary	Purchase	941	3.51
10p ordinary	Purchase	941	3.512
10p ordinary	Purchase	941	3.52
10p ordinary	Purchase	943	3.52
10p ordinary	Purchase	1,121	3.516
10p ordinary	Purchase	1,216	3.518
10p ordinary	Purchase	1,279	3.518
10p ordinary	Purchase	1,391	3.518
10p ordinary	Purchase	1,396	3.522
10p ordinary	Purchase	1,414	3.516
10p ordinary	Purchase	1,419	3.51
10p ordinary	Purchase	1,637	3.526
10p ordinary	Purchase	1,638	3.522
10p ordinary	Purchase	1,638	3.522
10p ordinary	Purchase	1,639	3.52
10p ordinary	Purchase	1,640	3.52
10p ordinary	Purchase	1,784	3.518
10p ordinary	Purchase	2,050	3.512
10p ordinary	Sale	168	3.512
10p ordinary	Sale	722	3.526
10p ordinary	Sale	1,032	3.512
10p ordinary	Sale	1,356	3.518
10p ordinary	Sale	1,356	3.53
10p ordinary	Sale	1,925	3.53
10p ordinary	Sale	1,925	3.53
10p ordinary	Sale	981	3.516
10p ordinary	Sale	1,934	3.516
10p ordinary	Sale	237	3.514
10p ordinary	Sale	700	3.514
10p ordinary	Sale	809	3.516
10p ordinary	Sale	106	3.516
10p ordinary	Sale	142	3.526
10p ordinary	Sale	163	3.512
10p ordinary	Sale	198	3.526
10p ordinary	Sale	224	3.526
10p ordinary	Sale	234	3.526
10p ordinary	Sale	637	3.526
10p ordinary	Sale	919	3.526
10p ordinary	Sale	941	3.524
10p ordinary	Sale	941	3.524
10p ordinary	Sale	1,112	3.516
10p ordinary	Sale	1,210	3.538
10p ordinary	Sale	1,211	3.53
10p ordinary	Sale	1,213	3.528
10p ordinary	Sale	1,213	3.53
10p ordinary	Sale	1,215	3.524
10p ordinary	Sale	1,215	3.53
10p ordinary	Sale	1,218	3.512
10p ordinary	Sale	1,219	3.514
10p ordinary	Sale	1,285	3.53
10p ordinary	Sale	1,883	3.53
10p ordinary	Sale	1,890	3.514
10p ordinary	Sale	1,983	3.512
10p ordinary	Sale	2,214	3.528
10p ordinary	Sale	2,241	3.516
10p ordinary	Sale	2,320	3.512
10p ordinary	Sale	2,345	3.528
10p ordinary	Sale	2,365	3.53
10p ordinary	Sale	2,380	3.522
10p ordinary	Sale	8	3.524
10p ordinary	Sale	8,819	3.504
10p ordinary	Sale	34,619	3.504
10p ordinary	Sale	376	3.50405
10p ordinary	Sale	10	3.514
10p ordinary	Sale	6	3.514
10p ordinary	Sale	23	3.514

(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 GBP
10p ordinary	CFD	Reducing a long position	1	3.504
10p ordinary	CFD	Reducing a long position	553	3.50682098

(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

(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?

NO

Date of disclosure:	01/05/2024
Contact name:	Paul Jenkins
Telephone number:	[phone]

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 [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END