Form 8.3 - Smith (DS) plc

Societe Generale SA

12 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	09/08/2024
(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:	26,155,778	1.90	203,003	0.01
(2)  Cash-settled derivatives:	93,069	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:	26,248,847	1.90	2,382,574	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	28	4.388
10p ordinary	Purchase	317	4.388
10p ordinary	Purchase	1,059	4.388
10p ordinary	Purchase	2,104	4.388
10p ordinary	Purchase	2,783	4.388
10p ordinary	Purchase	2,783	4.388
10p ordinary	Purchase	3,464	4.388
10p ordinary	Purchase	4,164	4.388
10p ordinary	Purchase	5,566	4.388
10p ordinary	Purchase	5,568	4.388
10p ordinary	Purchase	5,568	4.388
10p ordinary	Purchase	5,568	4.388
10p ordinary	Purchase	2,783	4.388
10p ordinary	Purchase	179	4.44
10p ordinary	Purchase	487	4.432
10p ordinary	Purchase	654	4.472
10p ordinary	Purchase	739	4.432
10p ordinary	Purchase	770	4.474
10p ordinary	Purchase	1,356	4.42
10p ordinary	Purchase	1,356	4.438
10p ordinary	Purchase	275	4.5
10p ordinary	Purchase	476	4.386
10p ordinary	Purchase	537	4.42
10p ordinary	Purchase	698	4.5
10p ordinary	Purchase	772	4.42
10p ordinary	Purchase	843	4.386
10p ordinary	Purchase	958	4.464
10p ordinary	Purchase	958	4.466
10p ordinary	Purchase	958	4.468
10p ordinary	Purchase	959	4.46
10p ordinary	Purchase	972	4.4
10p ordinary	Purchase	1,140	4.504
10p ordinary	Purchase	1,140	4.506
10p ordinary	Purchase	1,169	4.402
10p ordinary	Purchase	1,172	4.384
10p ordinary	Purchase	1,304	4.434
10p ordinary	Purchase	1,305	4.432
10p ordinary	Purchase	1,307	4.424
10p ordinary	Purchase	1,308	4.424
10p ordinary	Purchase	1,310	4.418
10p ordinary	Purchase	1,310	4.42
10p ordinary	Purchase	1,311	4.402
10p ordinary	Purchase	1,311	4.406
10p ordinary	Purchase	1,312	4.4
10p ordinary	Purchase	1,312	4.402
10p ordinary	Purchase	1,313	4.4
10p ordinary	Purchase	1,314	4.398
10p ordinary	Purchase	1,317	4.392
10p ordinary	Purchase	1,318	4.39
10p ordinary	Purchase	1,319	4.388
10p ordinary	Purchase	1,320	4.384
10p ordinary	Purchase	30,389	4.4
10p ordinary	Purchase	51	4.51078
10p ordinary	Purchase	2,471	4.388
10p ordinary	Purchase	4,316	4.388
10p ordinary	Purchase	4,350	4.388
10p ordinary	Purchase	5,220	4.388
10p ordinary	Purchase	7,544	4.388
10p ordinary	Purchase	7,830	4.388
10p ordinary	Purchase	21,958	4.388
10p ordinary	Sale	2	4.398
10p ordinary	Sale	2	4.406
10p ordinary	Sale	48	4.51
10p ordinary	Sale	2	4.388
10p ordinary	Sale	24	4.508
10p ordinary	Sale	137	4.508
10p ordinary	Sale	6	4.386
10p ordinary	Sale	49	4.508
10p ordinary	Sale	2	4.4
10p ordinary	Sale	31	4.51
10p ordinary	Sale	2	4.4
10p ordinary	Sale	1	4.508
10p ordinary	Sale	13	4.508
10p ordinary	Sale	41	4.508
10p ordinary	Sale	127	4.508
10p ordinary	Sale	60	4.506
10p ordinary	Sale	2	4.39
10p ordinary	Sale	10	4.508
10p ordinary	Sale	16	4.512
10p ordinary	Sale	2	4.4
10p ordinary	Sale	4	4.512
10p ordinary	Sale	101	4.464
10p ordinary	Sale	178	4.464
10p ordinary	Sale	278	4.464
10p ordinary	Sale	151	4.466
10p ordinary	Sale	421	4.4
10p ordinary	Sale	463	4.4
10p ordinary	Sale	585	4.464
10p ordinary	Sale	628	4.466
10p ordinary	Sale	654	4.46
10p ordinary	Sale	710	4.464
10p ordinary	Sale	765	4.45
10p ordinary	Sale	986	4.4
10p ordinary	Sale	598	4.462
10p ordinary	Sale	830	4.458
10p ordinary	Sale	2,993	4.424
10p ordinary	Sale	261	4.464
10p ordinary	Sale	380	4.426
10p ordinary	Sale	589	4.426
10p ordinary	Sale	813	4.426
10p ordinary	Sale	966	4.44
10p ordinary	Sale	967	4.436
10p ordinary	Sale	970	4.424
10p ordinary	Sale	970	4.426
10p ordinary	Sale	971	4.418
10p ordinary	Sale	973	4.412
10p ordinary	Sale	974	4.41
10p ordinary	Sale	976	4.39
10p ordinary	Sale	976	4.396
10p ordinary	Sale	1,035	4.464
10p ordinary	Sale	1,166	4.41
10p ordinary	Sale	1,168	4.462
10p ordinary	Sale	1,293	4.41
10p ordinary	Sale	1,360	4.402
10p ordinary	Sale	1,361	4.4
10p ordinary	Sale	1,364	4.408
10p ordinary	Sale	8,048	4.388
10p ordinary	Sale	23,205	4.388
10p ordinary	Sale	21,958	4.388

(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	20	4.3933409
10p ordinary	CFD	Increasing a long position	561	4.506857876

(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:	12/08/2024
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