Form 8.3 - Smith (DS) plc

Societe Generale SA

19 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	16/08/2024
(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:	36,163,833	2.62	200,918	0.01
(2)  Cash-settled derivatives:	103,215	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:	36,267,048	2.63	2,380,489	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	41	4.566
10p ordinary	Purchase	89	4.566
10p ordinary	Purchase	27	4.642
10p ordinary	Purchase	6	4.64
10p ordinary	Purchase	45	4.652
10p ordinary	Purchase	15	4.634
10p ordinary	Purchase	15	4.636
10p ordinary	Purchase	8	4.64
10p ordinary	Purchase	4	4.64
10p ordinary	Purchase	91	4.57
10p ordinary	Purchase	72	4.568
10p ordinary	Purchase	4	4.57
10p ordinary	Purchase	15	4.638
10p ordinary	Purchase	15	4.63
10p ordinary	Purchase	1	4.638
10p ordinary	Purchase	1	4.638
10p ordinary	Purchase	2	4.63
10p ordinary	Purchase	13	4.63
10p ordinary	Purchase	26	4.63
10p ordinary	Purchase	36	4.6
10p ordinary	Purchase	36	4.6
10p ordinary	Purchase	258	4.63
10p ordinary	Purchase	258	4.63
10p ordinary	Purchase	456	4.638
10p ordinary	Purchase	816	4.638
10p ordinary	Purchase	1,513	4.638
10p ordinary	Purchase	2,327	4.638
10p ordinary	Purchase	2,626	4.6
10p ordinary	Purchase	2,747	4.6
10p ordinary	Purchase	2,783	4.6
10p ordinary	Purchase	2,783	4.638
10p ordinary	Purchase	2,906	4.6
10p ordinary	Purchase	4,052	4.638
10p ordinary	Purchase	4,749	4.638
10p ordinary	Purchase	5,566	4.6
10p ordinary	Purchase	5,566	4.6
10p ordinary	Purchase	5,566	4.6
10p ordinary	Purchase	5,566	4.6
10p ordinary	Purchase	5,566	4.6
10p ordinary	Purchase	5,566	4.6
10p ordinary	Purchase	5,568	4.6
10p ordinary	Purchase	5,568	4.6
10p ordinary	Purchase	5,568	4.6
10p ordinary	Purchase	113	4.566
10p ordinary	Purchase	276	4.566
10p ordinary	Purchase	514	4.574
10p ordinary	Purchase	598	4.578
10p ordinary	Purchase	853	4.566
10p ordinary	Purchase	1,246	4.574
10p ordinary	Purchase	307	4.57
10p ordinary	Purchase	486	4.57
10p ordinary	Purchase	402	4.57
10p ordinary	Purchase	453	4.572
10p ordinary	Purchase	784	4.57
10p ordinary	Purchase	920	4.634
10p ordinary	Purchase	923	4.618
10p ordinary	Purchase	926	4.606
10p ordinary	Purchase	927	4.598
10p ordinary	Purchase	929	4.592
10p ordinary	Purchase	930	4.584
10p ordinary	Purchase	931	4.636
10p ordinary	Purchase	933	4.564
10p ordinary	Purchase	933	4.566
10p ordinary	Purchase	933	4.566
10p ordinary	Purchase	987	4.604
10p ordinary	Purchase	1,059	4.562
10p ordinary	Purchase	1,212	4.606
10p ordinary	Purchase	1,258	4.57
10p ordinary	Purchase	1,258	4.57
10p ordinary	Purchase	1,258	4.57
10p ordinary	Purchase	1,258	4.574
10p ordinary	Purchase	1,529	4.578
10p ordinary	Purchase	1,566	4.628
10p ordinary	Purchase	1,573	4.626
10p ordinary	Purchase	1,611	4.622
10p ordinary	Purchase	5,694	4.638
10p ordinary	Purchase	7,959	4.606
10p ordinary	Purchase	291	4.638
10p ordinary	Purchase	305	4.638
10p ordinary	Purchase	605	4.638
10p ordinary	Purchase	1,088	4.638
10p ordinary	Purchase	2,476	4.638
10p ordinary	Purchase	4,354	4.638
10p ordinary	Purchase	18,434	4.638
10p ordinary	Purchase	1,212	4.638
10p ordinary	Sale	62	4.626
10p ordinary	Sale	464	4.594
10p ordinary	Sale	1,696	4.622
10p ordinary	Sale	392	4.626
10p ordinary	Sale	813	4.568
10p ordinary	Sale	1,180	4.626
10p ordinary	Sale	1,595	4.63
10p ordinary	Sale	8	4.582
10p ordinary	Sale	155	4.582
10p ordinary	Sale	216	4.634
10p ordinary	Sale	346	4.636
10p ordinary	Sale	381	4.632
10p ordinary	Sale	402	4.566
10p ordinary	Sale	523	4.608
10p ordinary	Sale	540	4.632
10p ordinary	Sale	727	4.608
10p ordinary	Sale	889	4.634
10p ordinary	Sale	896	4.636
10p ordinary	Sale	931	4.59
10p ordinary	Sale	934	4.566
10p ordinary	Sale	1,087	4.614
10p ordinary	Sale	1,103	4.644
10p ordinary	Sale	1,103	4.646
10p ordinary	Sale	1,241	4.644
10p ordinary	Sale	1,243	4.632
10p ordinary	Sale	1,244	4.628
10p ordinary	Sale	1,244	4.628
10p ordinary	Sale	1,245	4.566
10p ordinary	Sale	1,251	4.602
10p ordinary	Sale	1,251	4.606
10p ordinary	Sale	1,260	4.576
10p ordinary	Sale	1,299	4.57
10p ordinary	Sale	1,333	4.566
10p ordinary	Sale	1,500	4.566
10p ordinary	Sale	13,240	4.566
10p ordinary	Sale	218	4.5718
10p ordinary	Sale	1,212	4.638

(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	150	4.64245626
10p ordinary	CFD	Reducing a long position	297	4.56913464

(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:	19/08/2024
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