Form 8.3 - Smith (DS) plc

Societe Generale SA

19 July 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	18/07/2024
(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:	25,693,197	1.86	252,521	0.02
(2)  Cash-settled derivatives:	228,558	0.02	2,154,571	0.16
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	25,921,755	1.88	2,407,092	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	44	4.44
10p ordinary				Purchase	3,283	4.426
10p ordinary				Purchase	87	4.442
10p ordinary				Purchase	26	4.44
10p ordinary				Purchase	11	4.44
10p ordinary				Purchase	139	4.426
10p ordinary				Purchase	7	4.44
10p ordinary				Purchase	242	4.438
10p ordinary				Purchase	86	4.44
10p ordinary				Purchase	592	4.418
10p ordinary				Purchase	800	4.418
10p ordinary				Purchase	5,568	4.426
10p ordinary				Purchase	109	4.446
10p ordinary				Purchase	111	4.446
10p ordinary				Purchase	188	4.446
10p ordinary				Purchase	192	4.446
10p ordinary				Purchase	521	4.446
10p ordinary				Purchase	524	4.42
10p ordinary				Purchase	567	4.424
10p ordinary				Purchase	577	4.454
10p ordinary				Purchase	578	4.42
10p ordinary				Purchase	685	4.42
10p ordinary				Purchase	821	4.446
10p ordinary				Purchase	102	4.446
10p ordinary				Purchase	609	4.446
10p ordinary				Purchase	34	4.442
10p ordinary				Purchase	131	4.444
10p ordinary				Purchase	141	4.446
10p ordinary				Purchase	160	4.432
10p ordinary				Purchase	172	4.452
10p ordinary				Purchase	187	4.432
10p ordinary				Purchase	209	4.42
10p ordinary				Purchase	582	4.422
10p ordinary				Purchase	602	4.432
10p ordinary				Purchase	667	4.422
10p ordinary				Purchase	952	4.416
10p ordinary				Purchase	953	4.412
10p ordinary				Purchase	953	4.414
10p ordinary				Purchase	973	4.446
10p ordinary				Purchase	1,004	4.444
10p ordinary				Purchase	1,037	4.446
10p ordinary				Purchase	1,102	4.442
10p ordinary				Purchase	1,134	4.45
10p ordinary				Purchase	1,134	4.45
10p ordinary				Purchase	1,135	4.446
10p ordinary				Purchase	1,136	4.44
10p ordinary				Purchase	1,136	4.44
10p ordinary				Purchase	1,137	4.438
10p ordinary				Purchase	1,213	4.44
10p ordinary				Purchase	1,226	4.446
10p ordinary				Purchase	1,278	4.444
10p ordinary				Purchase	1,278	4.446
10p ordinary				Purchase	1,279	4.444
10p ordinary				Purchase	1,281	4.434
10p ordinary				Purchase	1,285	4.414
10p ordinary				Purchase	1,286	4.412
10p ordinary				Purchase	1,340	4.426
10p ordinary				Purchase	1,347	4.418
10p ordinary				Purchase	1,561	4.446
10p ordinary				Purchase	1,582	4.44
10p ordinary				Purchase	1,822	4.428
10p ordinary				Purchase	2,075	4.428
10p ordinary				Purchase	2,137	4.418
10p ordinary				Purchase	2,395	4.428
10p ordinary				Purchase	9,622	4.442
10p ordinary				Purchase	10,214	4.442
10p ordinary				Purchase	7,851	4.426
10p ordinary				Purchase	13,307	4.426
10p ordinary				Purchase	581	4.42588
10p ordinary				Purchase	995	4.42
10p ordinary				Sale	650	4.426
10p ordinary				Sale	11	4.442
10p ordinary				Sale	582	4.442
10p ordinary				Sale	5	4.448
10p ordinary				Sale	5	4.448
10p ordinary				Sale	5	4.448
10p ordinary				Sale	31	4.448
10p ordinary				Sale	31	4.448
10p ordinary				Sale	54	4.45
10p ordinary				Sale	59	4.45
10p ordinary				Sale	69	4.448
10p ordinary				Sale	75	4.45
10p ordinary				Sale	105	4.448
10p ordinary				Sale	200	4.448
10p ordinary				Sale	200	4.45
10p ordinary				Sale	200	4.45
10p ordinary				Sale	200	4.45
10p ordinary				Sale	214	4.454
10p ordinary				Sale	243	4.422
10p ordinary				Sale	243	4.44
10p ordinary				Sale	246	4.45
10p ordinary				Sale	310	4.45
10p ordinary				Sale	329	4.45
10p ordinary				Sale	338	4.45
10p ordinary				Sale	444	4.454
10p ordinary				Sale	500	4.446
10p ordinary				Sale	608	4.448
10p ordinary				Sale	610	4.45
10p ordinary				Sale	710	4.422
10p ordinary				Sale	778	4.446
10p ordinary				Sale	947	4.442
10p ordinary				Sale	949	4.448
10p ordinary				Sale	952	4.424
10p ordinary				Sale	952	4.426
10p ordinary				Sale	953	4.42
10p ordinary				Sale	953	4.422
10p ordinary				Sale	954	4.418
10p ordinary				Sale	1,035	4.44
10p ordinary				Sale	1,277	4.448
10p ordinary				Sale	1,278	4.442
10p ordinary				Sale	1,278	4.442
10p ordinary				Sale	1,279	4.44
10p ordinary				Sale	15,008	4.426
10p ordinary				Sale	497	4.418
10p ordinary				Sale	477	4.414
10p ordinary				Sale	774	4.426
10p ordinary				Sale	2,006	4.426
10p ordinary				Sale	10,361	4.426
10p ordinary				Sale	13,307	4.426
10p ordinary				Sale	7,851	4.426

(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	44	4.44
10p ordinary	CFD	Reducing a long position	3,283	4.426
10p ordinary	CFD	Reducing a long position	87	4.442
10p ordinary	CFD	Reducing a long position	26	4.44
10p ordinary	CFD	Reducing a long position	11	4.44
10p ordinary	CFD	Reducing a long position	139	4.426
10p ordinary	CFD	Reducing a long position	7	4.44
10p ordinary	CFD	Reducing a long position	242	4.438
10p ordinary	CFD	Reducing a long position	86	4.44

(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:	19/07/2024
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