Form 8.3 - Smith (DS) plc

Societe Generale SA

17 September 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	16/09/2024
(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:	23,999,169	1.74	289,149	0.02
(2)  Cash-settled derivatives:	75,465	0.01	2,065,968	0.15
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	24,074,634	1.74	2,355,117	0.17

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	55,373	4.678
10p ordinary	Purchase	38	4.698
10p ordinary	Purchase	2	4.736
10p ordinary	Purchase	24	4.704
10p ordinary	Purchase	5	4.734
10p ordinary	Purchase	17	4.732
10p ordinary	Purchase	38	4.7
10p ordinary	Purchase	16	4.726
10p ordinary	Purchase	17	4.73
10p ordinary	Purchase	28	4.702
10p ordinary	Purchase	28	4.7
10p ordinary	Purchase	38	4.7
10p ordinary	Purchase	39	4.702
10p ordinary	Purchase	11	4.702
10p ordinary	Purchase	100	4.7
10p ordinary	Purchase	17	4.73
10p ordinary	Purchase	17	4.73
10p ordinary	Purchase	34	4.702
10p ordinary	Purchase	2	4.7
10p ordinary	Purchase	39	4.708
10p ordinary	Purchase	42	4.702
10p ordinary	Purchase	17	4.73
10p ordinary	Purchase	23	4.728
10p ordinary	Purchase	38	4.704
10p ordinary	Purchase	105	4.7
10p ordinary	Purchase	28	4.704
10p ordinary	Purchase	2	4.734
10p ordinary	Purchase	17	4.728
10p ordinary	Purchase	17	4.73
10p ordinary	Purchase	17	4.732
10p ordinary	Purchase	38	4.702
10p ordinary	Purchase	2,781	4.678
10p ordinary	Purchase	5,561	4.678
10p ordinary	Purchase	5,561	4.678
10p ordinary	Purchase	2,781	4.678
10p ordinary	Purchase	150	4.704
10p ordinary	Purchase	890	4.704
10p ordinary	Purchase	375	4.724
10p ordinary	Purchase	476	4.734
10p ordinary	Purchase	563	4.724
10p ordinary	Purchase	567	4.71
10p ordinary	Purchase	620	4.714
10p ordinary	Purchase	643	4.724
10p ordinary	Purchase	726	4.734
10p ordinary	Purchase	755	4.716
10p ordinary	Purchase	831	4.724
10p ordinary	Purchase	891	4.73
10p ordinary	Purchase	892	4.726
10p ordinary	Purchase	892	4.728
10p ordinary	Purchase	892	4.728
10p ordinary	Purchase	897	4.698
10p ordinary	Purchase	971	4.68
10p ordinary	Purchase	1,064	4.738
10p ordinary	Purchase	1,117	4.704
10p ordinary	Purchase	1,154	4.72
10p ordinary	Purchase	1,155	4.718
10p ordinary	Purchase	1,174	4.744
10p ordinary	Purchase	1,201	4.74
10p ordinary	Purchase	1,203	4.728
10p ordinary	Purchase	1,203	4.73
10p ordinary	Purchase	1,203	4.732
10p ordinary	Purchase	1,205	4.728
10p ordinary	Purchase	1,207	4.716
10p ordinary	Purchase	1,207	4.718
10p ordinary	Purchase	1,208	4.714
10p ordinary	Purchase	1,210	4.708
10p ordinary	Purchase	1,211	4.698
10p ordinary	Purchase	1,214	4.682
10p ordinary	Purchase	1,216	4.678
10p ordinary	Purchase	22,446	4.73
10p ordinary	Purchase	173	4.73
10p ordinary	Purchase	310	4.678
10p ordinary	Purchase	1,377	4.678
10p ordinary	Purchase	1,390	4.678
10p ordinary	Purchase	1,390	4.678
10p ordinary	Purchase	2,501	4.678
10p ordinary	Purchase	2,891	4.678
10p ordinary	Purchase	5,561	4.678
10p ordinary	Purchase	5,561	4.678
10p ordinary	Purchase	5,561	4.678
10p ordinary	Purchase	5,561	4.678
10p ordinary	Purchase	6,608	4.678
10p ordinary	Purchase	11,811	4.678
10p ordinary	Purchase	22,750	4.678
10p ordinary	Purchase	940	4.678
10p ordinary	Sale	11,939	4.6773
10p ordinary	Sale	29	4.73
10p ordinary	Sale	23	4.73
10p ordinary	Sale	29	4.73
10p ordinary	Sale	29	4.73
10p ordinary	Sale	13	4.73
10p ordinary	Sale	224	4.724
10p ordinary	Sale	95	4.728
10p ordinary	Sale	24	4.73
10p ordinary	Sale	21	4.73
10p ordinary	Sale	48	4.72
10p ordinary	Sale	87	4.732
10p ordinary	Sale	29	4.732
10p ordinary	Sale	29	4.73
10p ordinary	Sale	94	4.728
10p ordinary	Sale	430	4.738
10p ordinary	Sale	578	4.738
10p ordinary	Sale	85	4.714
10p ordinary	Sale	392	4.738
10p ordinary	Sale	395	4.738
10p ordinary	Sale	403	4.738
10p ordinary	Sale	438	4.74
10p ordinary	Sale	560	4.738
10p ordinary	Sale	578	4.74
10p ordinary	Sale	603	4.714
10p ordinary	Sale	788	4.714
10p ordinary	Sale	2,493	4.714
10p ordinary	Sale	572	4.74
10p ordinary	Sale	158	4.728
10p ordinary	Sale	413	4.714
10p ordinary	Sale	507	4.714
10p ordinary	Sale	894	4.726
10p ordinary	Sale	898	4.712
10p ordinary	Sale	903	4.688
10p ordinary	Sale	916	4.728
10p ordinary	Sale	1,068	4.738
10p ordinary	Sale	1,069	4.742
10p ordinary	Sale	1,069	4.744
10p ordinary	Sale	1,071	4.73
10p ordinary	Sale	1,072	4.722
10p ordinary	Sale	1,073	4.716
10p ordinary	Sale	1,073	4.72
10p ordinary	Sale	1,073	4.726
10p ordinary	Sale	1,073	4.728
10p ordinary	Sale	1,074	4.724
10p ordinary	Sale	1,153	4.73
10p ordinary	Sale	1,160	4.716
10p ordinary	Sale	1,212	4.698
10p ordinary	Sale	1,397	4.678
10p ordinary	Sale	2,913	4.678
10p ordinary	Sale	3,153	4.678
10p ordinary	Sale	4,217	4.678
10p ordinary	Sale	12,012	4.678
10p ordinary	Sale	379	4.71117
10p ordinary	Sale	644	4.668

(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	Increasing a short position	55,373	4.678
10p ordinary	CFD	Increasing a long position	11,939	4.67729793
10p ordinary	CFD	Reducing a long position	845	4.7079889326
10p ordinary	CFD	Increasing a long position	774	4.7267456622
10p ordinary	CFD	Reducing a long position	9	4.7358647777

(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:	17/09/2024
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