Form 8.3 - Smith (DS) plc

Societe Generale SA
14 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

13/05/2024

(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:

16,701,920

1.21

128,354

0.01

(2)  Cash-settled derivatives:

 

9,485

0.00

280,478

0.02

(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:

0

0.00

0

0.00

TOTAL:

16,711,405

1.21

408,832

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

641

3.638

10p ordinary

Purchase

672

3.638

10p ordinary

Purchase

766

3.638

10p ordinary

Purchase

893

3.624

10p ordinary

Purchase

166

3.636

10p ordinary

Purchase

181

3.634

10p ordinary

Purchase

204

3.64

10p ordinary

Purchase

261

3.636

10p ordinary

Purchase

372

3.636

10p ordinary

Purchase

383

3.626

10p ordinary

Purchase

599

3.64

10p ordinary

Purchase

613

3.634

10p ordinary

Purchase

793

3.64

10p ordinary

Purchase

799

3.636

10p ordinary

Purchase

803

3.626

10p ordinary

Purchase

1,156

3.636

10p ordinary

Purchase

1,165

3.692

10p ordinary

Purchase

1,170

3.674

10p ordinary

Purchase

1,176

3.658

10p ordinary

Purchase

1,181

3.64

10p ordinary

Purchase

1,181

3.642

10p ordinary

Purchase

1,187

3.624

10p ordinary

Purchase

1,237

3.65

10p ordinary

Purchase

1,321

3.638

10p ordinary

Purchase

1,410

3.63

10p ordinary

Purchase

1,595

3.642

10p ordinary

Purchase

1,597

3.638

10p ordinary

Purchase

2,288

3.684

10p ordinary

Purchase

2,318

3.684

10p ordinary

Purchase

2,319

3.676

10p ordinary

Purchase

2,325

3.636

10p ordinary

Purchase

15,303

3.63

10p ordinary

Purchase

634

3.668

10p ordinary

Purchase

3,234

3.668

10p ordinary

Purchase

5,129

3.668

10p ordinary

Purchase

5,129

3.668

10p ordinary

Purchase

5,129

3.668

10p ordinary

Purchase

11,906

3.668

10p ordinary

Purchase

623

3.66794

10p ordinary

Sale

295

3.688

10p ordinary

Sale

58

3.69

10p ordinary

Sale

623

3.668

10p ordinary

Sale

10

3.67

10p ordinary

Sale

1

3.668

10p ordinary

Sale

634

3.668

10p ordinary

Sale

1,264

3.668

10p ordinary

Sale

1,290

3.668

10p ordinary

Sale

1,301

3.668

10p ordinary

Sale

1,527

3.668

10p ordinary

Sale

1,895

3.668

10p ordinary

Sale

2,564

3.668

10p ordinary

Sale

2,565

3.668

10p ordinary

Sale

3,234

3.668

10p ordinary

Sale

3,602

3.668

10p ordinary

Sale

3,839

3.668

10p ordinary

Sale

4,495

3.668

10p ordinary

Sale

5,129

3.668

10p ordinary

Sale

5,129

3.668

10p ordinary

Sale

5,129

3.668

10p ordinary

Sale

1,038

3.654

10p ordinary

Sale

4

3.674

10p ordinary

Sale

4

3.702

10p ordinary

Sale

120

3.702

10p ordinary

Sale

441

3.614

10p ordinary

Sale

618

3.674

10p ordinary

Sale

673

3.612

10p ordinary

Sale

860

3.614

10p ordinary

Sale

1,234

3.666

10p ordinary

Sale

1,349

3.674

10p ordinary

Sale

1,356

3.622

10p ordinary

Sale

1,392

3.676

10p ordinary

Sale

1,761

3.666

10p ordinary

Sale

1,812

3.702

10p ordinary

Sale

1,933

3.634

10p ordinary

Sale

2,221

3.674

10p ordinary

Sale

1

3.682

10p ordinary

Sale

2

3.688

10p ordinary

Sale

4

3.694

10p ordinary

Sale

6

3.664

10p ordinary

Sale

17

3.696

10p ordinary

Sale

27

3.694

10p ordinary

Sale

34

3.694

10p ordinary

Sale

34

3.694

10p ordinary

Sale

69

3.698

10p ordinary

Sale

73

3.688

10p ordinary

Sale

73

3.694

10p ordinary

Sale

76

3.648

10p ordinary

Sale

79

3.678

10p ordinary

Sale

84

3.664

10p ordinary

Sale

88

3.69

10p ordinary

Sale

95

3.67

10p ordinary

Sale

100

3.678

10p ordinary

Sale

100

3.678

10p ordinary

Sale

100

3.678

10p ordinary

Sale

100

3.678

10p ordinary

Sale

100

3.678

10p ordinary

Sale

100

3.678

10p ordinary

Sale

100

3.678

10p ordinary

Sale

100

3.678

10p ordinary

Sale

100

3.678

10p ordinary

Sale

100

3.678

10p ordinary

Sale

100

3.678

10p ordinary

Sale

100

3.678

10p ordinary

Sale

100

3.68

10p ordinary

Sale

100

3.682

10p ordinary

Sale

100

3.682

10p ordinary

Sale

100

3.682

10p ordinary

Sale

100

3.688

10p ordinary

Sale

100

3.688

10p ordinary

Sale

100

3.688

10p ordinary

Sale

100

3.688

10p ordinary

Sale

100

3.688

10p ordinary

Sale

100

3.688

10p ordinary

Sale

100

3.688

10p ordinary

Sale

100

3.688

10p ordinary

Sale

100

3.688

10p ordinary

Sale

100

3.692

10p ordinary

Sale

100

3.692

10p ordinary

Sale

100

3.692

10p ordinary

Sale

100

3.692

10p ordinary

Sale

100

3.692

10p ordinary

Sale

100

3.692

10p ordinary

Sale

100

3.692

10p ordinary

Sale

100

3.692

10p ordinary

Sale

100

3.692

10p ordinary

Sale

100

3.694

10p ordinary

Sale

100

3.694

10p ordinary

Sale

100

3.694

10p ordinary

Sale

100

3.694

10p ordinary

Sale

100

3.694

10p ordinary

Sale

100

3.694

10p ordinary

Sale

100

3.694

10p ordinary

Sale

100

3.694

10p ordinary

Sale

100

3.694

10p ordinary

Sale

100

3.696

10p ordinary

Sale

100

3.698

10p ordinary

Sale

160

3.67

10p ordinary

Sale

173

3.694

10p ordinary

Sale

183

3.696

10p ordinary

Sale

191

3.68

10p ordinary

Sale

200

3.678

10p ordinary

Sale

200

3.678

10p ordinary

Sale

200

3.678

10p ordinary

Sale

200

3.678

10p ordinary

Sale

200

3.678

10p ordinary

Sale

200

3.678

10p ordinary

Sale

200

3.678

10p ordinary

Sale

200

3.678

10p ordinary

Sale

200

3.682

10p ordinary

Sale

200

3.682

10p ordinary

Sale

200

3.688

10p ordinary

Sale

200

3.688

10p ordinary

Sale

200

3.688

10p ordinary

Sale

200

3.692

10p ordinary

Sale

200

3.692

10p ordinary

Sale

200

3.692

10p ordinary

Sale

200

3.694

10p ordinary

Sale

200

3.694

10p ordinary

Sale

200

3.694

10p ordinary

Sale

200

3.694

10p ordinary

Sale

200

3.696

10p ordinary

Sale

203

3.688

10p ordinary

Sale

203

3.694

10p ordinary

Sale

261

3.692

10p ordinary

Sale

274

3.67

10p ordinary

Sale

276

3.69

10p ordinary

Sale

286

3.69

10p ordinary

Sale

294

3.664

10p ordinary

Sale

300

3.648

10p ordinary

Sale

300

3.648

10p ordinary

Sale

300

3.648

10p ordinary

Sale

300

3.648

10p ordinary

Sale

300

3.648

10p ordinary

Sale

300

3.664

10p ordinary

Sale

300

3.664

10p ordinary

Sale

300

3.664

10p ordinary

Sale

300

3.664

10p ordinary

Sale

300

3.67

10p ordinary

Sale

300

3.67

10p ordinary

Sale

300

3.69

10p ordinary

Sale

300

3.69

10p ordinary

Sale

300

3.69

10p ordinary

Sale

300

3.69

10p ordinary

Sale

384

3.698

10p ordinary

Sale

387

3.654

10p ordinary

Sale

428

3.68

10p ordinary

Sale

455

3.67

10p ordinary

Sale

461

3.624

10p ordinary

Sale

505

3.694

10p ordinary

Sale

568

3.672

10p ordinary

Sale

615

3.674

10p ordinary

Sale

698

3.656

10p ordinary

Sale

700

3.638

10p ordinary

Sale

700

3.694

10p ordinary

Sale

700

3.694

10p ordinary

Sale

750

3.622

10p ordinary

Sale

865

3.674

10p ordinary

Sale

914

3.622

10p ordinary

Sale

914

3.622

10p ordinary

Sale

914

3.624

10p ordinary

Sale

914

3.692

10p ordinary

Sale

950

3.654

10p ordinary

Sale

965

3.688

10p ordinary

Sale

1,000

3.656

10p ordinary

Sale

1,067

3.694

10p ordinary

Sale

1,100

3.638

10p ordinary

Sale

1,123

3.648

10p ordinary

Sale

1,150

3.68

10p ordinary

Sale

1,152

3.674

10p ordinary

Sale

1,176

3.666

10p ordinary

Sale

1,186

3.698

10p ordinary

Sale

1,187

3.63

10p ordinary

Sale

1,188

3.626

10p ordinary

Sale

1,190

3.62

10p ordinary

Sale

1,190

3.622

10p ordinary

Sale

1,287

3.68

10p ordinary

Sale

1,298

3.69

10p ordinary

Sale

1,370

3.694

10p ordinary

Sale

1,530

3.678

10p ordinary

Sale

1,580

3.674

10p ordinary

Sale

1,584

3.67

10p ordinary

Sale

1,584

3.672

10p ordinary

Sale

1,603

3.622

10p ordinary

Sale

1,606

3.616

10p ordinary

Sale

1,607

3.614

10p ordinary

Sale

1,607

3.618

10p ordinary

Sale

1,624

3.63

10p ordinary

Sale

2,029

3.672

10p ordinary

Sale

2,127

3.652

10p ordinary

Sale

2,129

3.616

10p ordinary

Sale

2,253

3.65

10p ordinary

Sale

2,282

3.672

10p ordinary

Sale

2,330

3.66

10p ordinary

Sale

2,843

3.666

10p ordinary

Sale

2,924

3.62

10p ordinary

Sale

3,520

3.62

10p ordinary

Sale

3,636

3.674

10p ordinary

Sale

4,243

3.668

10p ordinary

Sale

12,036

3.668

10p ordinary

Sale

6,158

3.66818

                                                                                           

(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

295

3.688

10p ordinary

CFD

Increasing a long position

58

3.69

10p ordinary

CFD

Increasing a long position

623

3.668

10p ordinary

CFD

Increasing a long position

10

3.67

 

(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:

14/05/2024

Contact name:

Paul Jenkins

Telephone number:

+44 20 7676 6969

 

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.

 

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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.
 
END
 
 

Companies

Smith (DS) (SMDS)
UK 100

Latest directors dealings