Form 8.3 - Smith (DS) plc

Societe Generale SA

07 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	06/08/2024
(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:	26,020,051	1.89	156,549	0.01
(2)  Cash-settled derivatives:	100,097	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:	26,120,148	1.89	2,336,120	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	3	4.302
10p ordinary	Purchase	541	4.31
10p ordinary	Purchase	790	4.302
10p ordinary	Purchase	880	4.31
10p ordinary	Purchase	1,356	4.448
10p ordinary	Purchase	160	4.358
10p ordinary	Purchase	171	4.462
10p ordinary	Purchase	346	4.3
10p ordinary	Purchase	378	4.318
10p ordinary	Purchase	616	4.318
10p ordinary	Purchase	985	4.356
10p ordinary	Purchase	994	4.322
10p ordinary	Purchase	998	4.302
10p ordinary	Purchase	998	4.306
10p ordinary	Purchase	1,005	4.3
10p ordinary	Purchase	1,021	4.358
10p ordinary	Purchase	1,297	4.32
10p ordinary	Purchase	1,442	4.344
10p ordinary	Purchase	1,456	4.384
10p ordinary	Purchase	1,490	4.456
10p ordinary	Purchase	2,989	4.462
10p ordinary	Purchase	4,829	4.458
10p ordinary	Purchase	18	4.31
10p ordinary	Purchase	13,794	4.454
10p ordinary	Purchase	16,575	4.454
10p ordinary	Purchase	495	4.354
10p ordinary	Purchase	495	4.346
10p ordinary	Purchase	383,000	4.378
10p ordinary	Sale	274	4.454
10p ordinary	Sale	4	4.45
10p ordinary	Sale	119	4.48
10p ordinary	Sale	15	4.306
10p ordinary	Sale	2	4.45
10p ordinary	Sale	27	4.308
10p ordinary	Sale	12	4.312
10p ordinary	Sale	6	4.306
10p ordinary	Sale	19	4.311
10p ordinary	Sale	26	4.31
10p ordinary	Sale	93	4.4
10p ordinary	Sale	100	4.4
10p ordinary	Sale	193	4.322
10p ordinary	Sale	193	4.322
10p ordinary	Sale	193	4.322
10p ordinary	Sale	193	4.322
10p ordinary	Sale	193	4.322
10p ordinary	Sale	193	4.322
10p ordinary	Sale	193	4.398
10p ordinary	Sale	193	4.398
10p ordinary	Sale	199	4.442
10p ordinary	Sale	5,568	4.454
10p ordinary	Sale	61	4.454
10p ordinary	Sale	158	4.448
10p ordinary	Sale	191	4.456
10p ordinary	Sale	380	4.454
10p ordinary	Sale	380	4.456
10p ordinary	Sale	739	4.35
10p ordinary	Sale	2,700	4.448
10p ordinary	Sale	169	4.444
10p ordinary	Sale	169	4.444
10p ordinary	Sale	200	4.45
10p ordinary	Sale	284	4.462
10p ordinary	Sale	434	4.444
10p ordinary	Sale	524	4.45
10p ordinary	Sale	594	4.462
10p ordinary	Sale	730	4.406
10p ordinary	Sale	991	4.338
10p ordinary	Sale	995	4.458
10p ordinary	Sale	1,069	4.448
10p ordinary	Sale	1,356	4.442
10p ordinary	Sale	1,356	4.448
10p ordinary	Sale	1,356	4.45
10p ordinary	Sale	1,356	4.456
10p ordinary	Sale	1,356	4.49
10p ordinary	Sale	6	4.476
10p ordinary	Sale	32	4.45
10p ordinary	Sale	56	4.39
10p ordinary	Sale	100	4.358
10p ordinary	Sale	100	4.39
10p ordinary	Sale	109	4.45
10p ordinary	Sale	118	4.414
10p ordinary	Sale	183	4.412
10p ordinary	Sale	239	4.412
10p ordinary	Sale	257	4.458
10p ordinary	Sale	300	4.444
10p ordinary	Sale	340	4.452
10p ordinary	Sale	416	4.448
10p ordinary	Sale	420	4.332
10p ordinary	Sale	458	4.456
10p ordinary	Sale	502	4.456
10p ordinary	Sale	504	4.41
10p ordinary	Sale	643	4.318
10p ordinary	Sale	684	4.458
10p ordinary	Sale	725	4.456
10p ordinary	Sale	745	4.446
10p ordinary	Sale	745	4.456
10p ordinary	Sale	745	4.456
10p ordinary	Sale	800	4.456
10p ordinary	Sale	849	4.45
10p ordinary	Sale	919	4.45
10p ordinary	Sale	960	4.41
10p ordinary	Sale	992	4.328
10p ordinary	Sale	992	4.332
10p ordinary	Sale	1,022	4.444
10p ordinary	Sale	1,062	4.452
10p ordinary	Sale	1,150	4.492
10p ordinary	Sale	1,154	4.476
10p ordinary	Sale	1,170	4.418
10p ordinary	Sale	1,184	4.356
10p ordinary	Sale	1,191	4.332
10p ordinary	Sale	1,192	4.328
10p ordinary	Sale	1,193	4.338
10p ordinary	Sale	1,194	4.322
10p ordinary	Sale	1,196	4.318
10p ordinary	Sale	1,206	4.358
10p ordinary	Sale	1,246	4.338
10p ordinary	Sale	1,273	4.356
10p ordinary	Sale	1,285	4.45
10p ordinary	Sale	1,313	4.446
10p ordinary	Sale	1,332	4.354
10p ordinary	Sale	1,343	4.326
10p ordinary	Sale	1,344	4.478
10p ordinary	Sale	1,351	4.458
10p ordinary	Sale	1,353	4.476
10p ordinary	Sale	1,391	4.448
10p ordinary	Sale	1,403	4.45
10p ordinary	Sale	1,430	4.416
10p ordinary	Sale	1,435	4.42
10p ordinary	Sale	17,251	4.454
10p ordinary	Sale	33,195	4.38467
10p ordinary	Sale	202	4.454
10p ordinary	Sale	799	4.454
10p ordinary	Sale	5,635	4.454
10p ordinary	Sale	9,939	4.454
10p ordinary	Sale	69	4.378
10p ordinary	Sale	192	4.378
10p ordinary	Sale	234	4.378
10p ordinary	Sale	13,794	4.454
10p ordinary	Sale	16,575	4.454
10p ordinary	Sale	200	4.368
10p ordinary	Sale	160	4.36
10p ordinary	Sale	160	4.358

(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	399	4.461024982
10p ordinary	CFD	Increasing a long position	105	4.30780251

(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:	07/08/2024
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