Form 8.3 - Smith (DS) plc

Societe Generale SA

05 August 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	02/08/2024
(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:	25,798,322	1.87	117,363	0.01
(2)  Cash-settled derivatives:	120,209	0.01	2,179,571	0.16
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	25,918,531	1.88	2,296,934	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	2	4.44
10p ordinary	Purchase	36	4.438
10p ordinary	Purchase	11	4.48
10p ordinary	Purchase	11	4.474
10p ordinary	Purchase	11	4.442
10p ordinary	Purchase	36	4.438
10p ordinary	Purchase	33	4.528
10p ordinary	Purchase	11	4.46
10p ordinary	Purchase	11	4.438
10p ordinary	Purchase	2	4.44
10p ordinary	Purchase	16	4.456
10p ordinary	Purchase	11	4.446
10p ordinary	Purchase	11	4.482
10p ordinary	Purchase	16	4.454
10p ordinary	Purchase	225	4.474
10p ordinary	Purchase	395	4.48
10p ordinary	Purchase	584	4.43
10p ordinary	Purchase	743	4.48
10p ordinary	Purchase	915	4.474
10p ordinary	Purchase	954	4.458
10p ordinary	Purchase	955	4.456
10p ordinary	Purchase	961	4.422
10p ordinary	Purchase	967	4.48
10p ordinary	Purchase	1,129	4.514
10p ordinary	Purchase	1,130	4.512
10p ordinary	Purchase	1,132	4.502
10p ordinary	Purchase	1,137	4.484
10p ordinary	Purchase	1,137	4.486
10p ordinary	Purchase	1,141	4.466
10p ordinary	Purchase	1,142	4.466
10p ordinary	Purchase	1,146	4.456
10p ordinary	Purchase	1,154	4.418
10p ordinary	Purchase	1,154	4.418
10p ordinary	Purchase	1,155	4.422
10p ordinary	Purchase	1,379	4.444
10p ordinary	Purchase	1,548	4.428
10p ordinary	Purchase	2,784	4.432
10p ordinary	Purchase	4,646	4.432
10p ordinary	Purchase	5,045	4.48
10p ordinary	Purchase	9,128	4.43
10p ordinary	Purchase	68	4.466
10p ordinary	Purchase	290	4.438
10p ordinary	Purchase	505	4.438
10p ordinary	Purchase	1,010	4.438
10p ordinary	Purchase	1,189	4.438
10p ordinary	Purchase	5,090	4.438
10p ordinary	Purchase	5,671	4.438
10p ordinary	Purchase	9,634	4.438
10p ordinary	Purchase	10,547	4.438
10p ordinary	Purchase	14,053	4.438
10p ordinary	Purchase	56,828	4.438
10p ordinary	Purchase	100,555	4.438
10p ordinary	Purchase	33,652	4.438
10p ordinary	Purchase	1,167	4.438
10p ordinary	Sale	17	4.474
10p ordinary	Sale	36	4.474
10p ordinary	Sale	68	4.466
10p ordinary	Sale	55,665	4.478
10p ordinary	Sale	55,665	4.468
10p ordinary	Sale	55,665	4.456
10p ordinary	Sale	41,749	4.488
10p ordinary	Sale	51	4.476
10p ordinary	Sale	557	4.476
10p ordinary	Sale	1,341	4.476
10p ordinary	Sale	1,392	4.476
10p ordinary	Sale	1,392	4.532
10p ordinary	Sale	492	4.546
10p ordinary	Sale	621	4.546
10p ordinary	Sale	96	4.516
10p ordinary	Sale	139	4.444
10p ordinary	Sale	140	4.47
10p ordinary	Sale	164	4.47
10p ordinary	Sale	173	4.45
10p ordinary	Sale	234	4.464
10p ordinary	Sale	245	4.462
10p ordinary	Sale	249	4.462
10p ordinary	Sale	258	4.48
10p ordinary	Sale	271	4.48
10p ordinary	Sale	293	4.468
10p ordinary	Sale	341	4.458
10p ordinary	Sale	508	4.47
10p ordinary	Sale	513	4.516
10p ordinary	Sale	522	4.47
10p ordinary	Sale	523	4.456
10p ordinary	Sale	527	4.444
10p ordinary	Sale	540	4.488
10p ordinary	Sale	562	4.462
10p ordinary	Sale	571	4.464
10p ordinary	Sale	571	4.474
10p ordinary	Sale	571	4.478
10p ordinary	Sale	572	4.462
10p ordinary	Sale	572	4.476
10p ordinary	Sale	601	4.524
10p ordinary	Sale	614	4.486
10p ordinary	Sale	617	4.482
10p ordinary	Sale	658	4.482
10p ordinary	Sale	668	4.472
10p ordinary	Sale	719	4.458
10p ordinary	Sale	742	4.486
10p ordinary	Sale	778	4.462
10p ordinary	Sale	783	4.482
10p ordinary	Sale	794	4.49
10p ordinary	Sale	809	4.442
10p ordinary	Sale	925	4.45
10p ordinary	Sale	926	4.454
10p ordinary	Sale	944	4.47
10p ordinary	Sale	1,041	4.48
10p ordinary	Sale	1,094	4.444
10p ordinary	Sale	1,119	4.446
10p ordinary	Sale	1,143	4.444
10p ordinary	Sale	1,144	4.442
10p ordinary	Sale	1,153	4.48
10p ordinary	Sale	1,280	4.452
10p ordinary	Sale	1,310	4.482
10p ordinary	Sale	1,356	4.456
10p ordinary	Sale	1,356	4.458
10p ordinary	Sale	1,356	4.46
10p ordinary	Sale	1,356	4.46
10p ordinary	Sale	1,356	4.464
10p ordinary	Sale	1,356	4.48
10p ordinary	Sale	1,356	4.484
10p ordinary	Sale	1,356	4.526
10p ordinary	Sale	1,455	4.462
10p ordinary	Sale	1,466	4.472
10p ordinary	Sale	1,513	4.466
10p ordinary	Sale	1,641	4.458
10p ordinary	Sale	1,715	4.454
10p ordinary	Sale	1,715	4.478
10p ordinary	Sale	1,893	4.498
10p ordinary	Sale	2,000	4.47
10p ordinary	Sale	2,170	4.442
10p ordinary	Sale	2,211	4.454
10p ordinary	Sale	2,287	4.458
10p ordinary	Sale	3,528	4.506
10p ordinary	Sale	103	4.464
10p ordinary	Sale	379	4.464
10p ordinary	Sale	508	4.47
10p ordinary	Sale	810	4.49
10p ordinary	Sale	75	4.472
10p ordinary	Sale	409	4.472
10p ordinary	Sale	509	4.49
10p ordinary	Sale	525	4.474
10p ordinary	Sale	716	4.49
10p ordinary	Sale	786	4.468
10p ordinary	Sale	3,527	4.506
10p ordinary	Sale	4	4.48
10p ordinary	Sale	38	4.438
10p ordinary	Sale	63	4.458
10p ordinary	Sale	139	4.48
10p ordinary	Sale	162	4.458
10p ordinary	Sale	179	4.462
10p ordinary	Sale	227	4.46
10p ordinary	Sale	250	4.46
10p ordinary	Sale	251	4.462
10p ordinary	Sale	481	4.46
10p ordinary	Sale	485	4.476
10p ordinary	Sale	532	4.458
10p ordinary	Sale	556	4.458
10p ordinary	Sale	594	4.438
10p ordinary	Sale	601	4.462
10p ordinary	Sale	657	4.476
10p ordinary	Sale	682	4.46
10p ordinary	Sale	687	4.462
10p ordinary	Sale	704	4.438
10p ordinary	Sale	738	4.46
10p ordinary	Sale	741	4.462
10p ordinary	Sale	778	4.486
10p ordinary	Sale	788	4.49
10p ordinary	Sale	1,001	4.48
10p ordinary	Sale	1,056	4.438
10p ordinary	Sale	1,065	4.458
10p ordinary	Sale	1,081	4.446
10p ordinary	Sale	1,086	4.436
10p ordinary	Sale	1,132	4.51
10p ordinary	Sale	1,135	4.496
10p ordinary	Sale	1,136	4.48
10p ordinary	Sale	1,136	4.494
10p ordinary	Sale	1,136	4.496
10p ordinary	Sale	1,137	4.492
10p ordinary	Sale	1,138	4.488
10p ordinary	Sale	1,139	4.482
10p ordinary	Sale	1,140	4.48
10p ordinary	Sale	1,143	4.472
10p ordinary	Sale	1,146	4.464
10p ordinary	Sale	1,152	4.438
10p ordinary	Sale	1,153	4.436
10p ordinary	Sale	1,154	4.43
10p ordinary	Sale	1,278	4.492
10p ordinary	Sale	1,278	4.492
10p ordinary	Sale	1,280	4.48
10p ordinary	Sale	1,281	4.484
10p ordinary	Sale	1,285	4.468
10p ordinary	Sale	1,289	4.456
10p ordinary	Sale	1,290	4.456
10p ordinary	Sale	1,290	4.458
10p ordinary	Sale	1,290	4.46
10p ordinary	Sale	1,291	4.456
10p ordinary	Sale	1,291	4.456
10p ordinary	Sale	1,292	4.446
10p ordinary	Sale	1,293	4.458
10p ordinary	Sale	1,293	4.458
10p ordinary	Sale	1,294	4.45
10p ordinary	Sale	1,294	4.454
10p ordinary	Sale	1,294	4.454
10p ordinary	Sale	1,295	4.446
10p ordinary	Sale	1,296	4.444
10p ordinary	Sale	1,344	4.458
10p ordinary	Sale	1,473	4.484
10p ordinary	Sale	1,625	4.438
10p ordinary	Sale	2,065	4.438
10p ordinary	Sale	2,689	4.438
10p ordinary	Sale	2,705	4.438
10p ordinary	Sale	2,833	4.438
10p ordinary	Sale	2,979	4.438
10p ordinary	Sale	5,271	4.438
10p ordinary	Sale	5,671	4.438
10p ordinary	Sale	14,053	4.438
10p ordinary	Sale	15	4.43853
10p ordinary	Sale	1,167	4.438
10p ordinary	Sale	33,652	4.438
10p ordinary	Sale	100,555	4.438

(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	121	4.468163281
10p ordinary	CFD	Reducing a long position	108	4.443777578
10p ordinary	CFD	Reducing a long position	110	4.48172015

(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:	05/08/2024
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