Form 8.3 - Smith (DS) plc

Societe Generale SA

09 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	08/05/2024
(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:	16,653,261	1.21	83,893	0.01
(2)  Cash-settled derivatives:	8,796	0.00	280,478	0.02
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	16,662,057	1.21	364,371	0.03

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	512	3.596
10p ordinary	Purchase	5,121	3.62
10p ordinary	Purchase	5,121	3.62
10p ordinary	Purchase	5,121	3.62
10p ordinary	Purchase	5,121	3.62
10p ordinary	Purchase	5,121	3.62
10p ordinary	Purchase	5,121	3.62
10p ordinary	Purchase	5,121	3.62
10p ordinary	Purchase	2,561	3.62
10p ordinary	Purchase	93	3.63
10p ordinary	Purchase	187	3.63
10p ordinary	Purchase	194	3.626
10p ordinary	Purchase	216	3.626
10p ordinary	Purchase	232	3.632
10p ordinary	Purchase	270	3.63
10p ordinary	Purchase	386	3.626
10p ordinary	Purchase	558	3.618
10p ordinary	Purchase	592	3.63
10p ordinary	Purchase	709	3.626
10p ordinary	Purchase	788	3.632
10p ordinary	Purchase	1,377	3.63
10p ordinary	Purchase	1,408	3.63
10p ordinary	Purchase	1,454	3.618
10p ordinary	Purchase	1,613	3.632
10p ordinary	Purchase	4,418	3.63
10p ordinary	Purchase	1,522	3.632
10p ordinary	Purchase	31	3.616
10p ordinary	Purchase	99	3.628
10p ordinary	Purchase	100	3.628
10p ordinary	Purchase	100	3.628
10p ordinary	Purchase	100	3.628
10p ordinary	Purchase	100	3.628
10p ordinary	Purchase	100	3.628
10p ordinary	Purchase	100	3.628
10p ordinary	Purchase	100	3.628
10p ordinary	Purchase	100	3.628
10p ordinary	Purchase	100	3.628
10p ordinary	Purchase	156	3.582
10p ordinary	Purchase	364	3.624
10p ordinary	Purchase	373	3.614
10p ordinary	Purchase	396	3.628
10p ordinary	Purchase	486	3.614
10p ordinary	Purchase	589	3.628
10p ordinary	Purchase	700	3.582
10p ordinary	Purchase	814	3.624
10p ordinary	Purchase	854	3.616
10p ordinary	Purchase	921	3.618
10p ordinary	Purchase	960	3.618
10p ordinary	Purchase	1,101	3.628
10p ordinary	Purchase	1,105	3.582
10p ordinary	Purchase	1,183	3.636
10p ordinary	Purchase	1,184	3.634
10p ordinary	Purchase	1,185	3.632
10p ordinary	Purchase	1,185	3.632
10p ordinary	Purchase	1,186	3.628
10p ordinary	Purchase	1,186	3.63
10p ordinary	Purchase	1,187	3.624
10p ordinary	Purchase	1,187	3.626
10p ordinary	Purchase	1,188	3.63
10p ordinary	Purchase	1,189	3.622
10p ordinary	Purchase	1,190	3.62
10p ordinary	Purchase	1,193	3.606
10p ordinary	Purchase	1,193	3.608
10p ordinary	Purchase	1,194	3.604
10p ordinary	Purchase	1,198	3.592
10p ordinary	Purchase	1,199	3.588
10p ordinary	Purchase	1,199	3.588
10p ordinary	Purchase	1,199	3.59
10p ordinary	Purchase	1,199	3.59
10p ordinary	Purchase	1,200	3.586
10p ordinary	Purchase	1,203	3.58
10p ordinary	Purchase	1,205	3.576
10p ordinary	Purchase	1,207	3.57
10p ordinary	Purchase	1,472	3.614
10p ordinary	Purchase	1,487	3.628
10p ordinary	Purchase	1,662	3.614
10p ordinary	Purchase	1,710	3.63
10p ordinary	Purchase	1,754	3.626
10p ordinary	Purchase	1,883	3.63
10p ordinary	Purchase	1,890	3.624
10p ordinary	Purchase	1,896	3.62
10p ordinary	Purchase	1,896	3.62
10p ordinary	Purchase	1,896	3.622
10p ordinary	Purchase	3,568	3.632
10p ordinary	Purchase	15,222	3.62
10p ordinary	Purchase	683	3.636
10p ordinary	Purchase	518	3.636
10p ordinary	Purchase	2,851	3.62
10p ordinary	Purchase	13,685	3.62
10p ordinary	Purchase	17,052	3.62
10p ordinary	Purchase	25,368	3.62
10p ordinary	Purchase	41,058	3.62
10p ordinary	Purchase	1,292	3.576
10p ordinary	Sale	1	3.614
10p ordinary	Sale	1	3.614
10p ordinary	Sale	1	3.628
10p ordinary	Sale	1	3.628
10p ordinary	Sale	1	3.634
10p ordinary	Sale	6	3.62
10p ordinary	Sale	1	3.616
10p ordinary	Sale	5	3.614
10p ordinary	Sale	1	3.62
10p ordinary	Sale	1	3.628
10p ordinary	Sale	8,177	3.576
10p ordinary	Sale	72	3.638
10p ordinary	Sale	300	3.61
10p ordinary	Sale	493	3.61
10p ordinary	Sale	857	3.628
10p ordinary	Sale	942	3.638
10p ordinary	Sale	200	3.57
10p ordinary	Sale	300	3.57
10p ordinary	Sale	413	3.638
10p ordinary	Sale	446	3.586
10p ordinary	Sale	576	3.638
10p ordinary	Sale	856	3.57
10p ordinary	Sale	931	3.586
10p ordinary	Sale	1,991	3.63
10p ordinary	Sale	261	3.63
10p ordinary	Sale	423	3.638
10p ordinary	Sale	558	3.638
10p ordinary	Sale	1,784	3.63
10p ordinary	Sale	33	3.586
10p ordinary	Sale	49	3.588
10p ordinary	Sale	71	3.618
10p ordinary	Sale	107	3.604
10p ordinary	Sale	132	3.612
10p ordinary	Sale	136	3.618
10p ordinary	Sale	153	3.592
10p ordinary	Sale	166	3.612
10p ordinary	Sale	181	3.612
10p ordinary	Sale	201	3.618
10p ordinary	Sale	212	3.592
10p ordinary	Sale	213	3.572
10p ordinary	Sale	241	3.576
10p ordinary	Sale	262	3.612
10p ordinary	Sale	300	3.618
10p ordinary	Sale	300	3.618
10p ordinary	Sale	300	3.618
10p ordinary	Sale	300	3.618
10p ordinary	Sale	309	3.602
10p ordinary	Sale	363	3.592
10p ordinary	Sale	381	3.598
10p ordinary	Sale	381	3.612
10p ordinary	Sale	389	3.592
10p ordinary	Sale	389	3.592
10p ordinary	Sale	417	3.612
10p ordinary	Sale	445	3.592
10p ordinary	Sale	483	3.63
10p ordinary	Sale	498	3.59
10p ordinary	Sale	500	3.586
10p ordinary	Sale	615	3.6
10p ordinary	Sale	703	3.59
10p ordinary	Sale	779	3.6
10p ordinary	Sale	864	3.592
10p ordinary	Sale	888	3.602
10p ordinary	Sale	995	3.638
10p ordinary	Sale	1,080	3.578
10p ordinary	Sale	1,184	3.64
10p ordinary	Sale	1,184	3.64
10p ordinary	Sale	1,184	3.64
10p ordinary	Sale	1,184	3.642
10p ordinary	Sale	1,186	3.638
10p ordinary	Sale	1,187	3.63
10p ordinary	Sale	1,188	3.628
10p ordinary	Sale	1,188	3.628
10p ordinary	Sale	1,188	3.628
10p ordinary	Sale	1,188	3.63
10p ordinary	Sale	1,189	3.626
10p ordinary	Sale	1,191	3.618
10p ordinary	Sale	1,191	3.622
10p ordinary	Sale	1,191	3.622
10p ordinary	Sale	1,191	3.624
10p ordinary	Sale	1,192	3.614
10p ordinary	Sale	1,192	3.618
10p ordinary	Sale	1,192	3.618
10p ordinary	Sale	1,192	3.62
10p ordinary	Sale	1,195	3.61
10p ordinary	Sale	1,195	3.612
10p ordinary	Sale	1,196	3.608
10p ordinary	Sale	1,199	3.588
10p ordinary	Sale	1,199	3.594
10p ordinary	Sale	1,199	3.596
10p ordinary	Sale	1,201	3.59
10p ordinary	Sale	1,201	3.59
10p ordinary	Sale	1,201	3.592
10p ordinary	Sale	1,201	3.592
10p ordinary	Sale	1,201	3.594
10p ordinary	Sale	1,205	3.578
10p ordinary	Sale	1,205	3.58
10p ordinary	Sale	1,205	3.58
10p ordinary	Sale	1,206	3.576
10p ordinary	Sale	1,237	3.6
10p ordinary	Sale	1,366	3.618
10p ordinary	Sale	1,390	3.576
10p ordinary	Sale	1,411	3.598
10p ordinary	Sale	1,419	3.572
10p ordinary	Sale	1,459	3.608
10p ordinary	Sale	1,470	3.61
10p ordinary	Sale	1,594	3.652
10p ordinary	Sale	1,598	3.64
10p ordinary	Sale	1,605	3.626
10p ordinary	Sale	1,610	3.614
10p ordinary	Sale	1,617	3.594
10p ordinary	Sale	1,620	3.59
10p ordinary	Sale	1,620	3.592
10p ordinary	Sale	1,624	3.58
10p ordinary	Sale	1,627	3.576
10p ordinary	Sale	1,628	3.574
10p ordinary	Sale	1,629	3.57
10p ordinary	Sale	1,630	3.578
10p ordinary	Sale	1,631	3.574
10p ordinary	Sale	1,669	3.62
10p ordinary	Sale	1,670	3.622
10p ordinary	Sale	1,670	3.624
10p ordinary	Sale	1,820	3.64
10p ordinary	Sale	2,177	3.62
10p ordinary	Sale	3,407	3.628
10p ordinary	Sale	5,000	3.64
10p ordinary	Sale	15,245	3.62
10p ordinary	Sale	540	3.596
10p ordinary	Sale	752	3.596

(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 long position	19	3.619578947

(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:	09/05/2024
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