Form 8.3 - Smith (DS) plc

Societe Generale SA

03 September 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	02/09/2024
(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:	21,520,208	1.56	164,278	0.01
(2)  Cash-settled derivatives:	98,388	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:	21,618,596	1.57	2,343,849	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	1,298	4.72471
10p ordinary	Purchase	63	4.698
10p ordinary	Purchase	3	4.692
10p ordinary	Purchase	2	4.716
10p ordinary	Purchase	64	4.706
10p ordinary	Purchase	33	4.708
10p ordinary	Purchase	33	4.69
10p ordinary	Purchase	4	4.718
10p ordinary	Purchase	101	4.698
10p ordinary	Purchase	10	4.712
10p ordinary	Purchase	33	4.71
10p ordinary	Purchase	10	4.712
10p ordinary	Purchase	16	4.696
10p ordinary	Purchase	33	4.698
10p ordinary	Purchase	6	4.712
10p ordinary	Purchase	4	4.716
10p ordinary	Purchase	33	4.7
10p ordinary	Purchase	33	4.69
10p ordinary	Purchase	15	4.712
10p ordinary	Purchase	33	4.712
10p ordinary	Purchase	33	4.7
10p ordinary	Purchase	101	4.684
10p ordinary	Purchase	13	4.712
10p ordinary	Purchase	76	4.7
10p ordinary	Purchase	9	4.694
10p ordinary	Purchase	14	4.696
10p ordinary	Purchase	17	4.696
10p ordinary	Purchase	1	4.692
10p ordinary	Purchase	33	4.696
10p ordinary	Purchase	26	4.702
10p ordinary	Purchase	33	4.704
10p ordinary	Purchase	6	4.716
10p ordinary	Purchase	6	4.718
10p ordinary	Purchase	4	4.716
10p ordinary	Purchase	20	4.702
10p ordinary	Purchase	36	4.704
10p ordinary	Purchase	239	4.724
10p ordinary	Purchase	2,780	4.724
10p ordinary	Purchase	2,780	4.724
10p ordinary	Purchase	5,322	4.724
10p ordinary	Purchase	5,561	4.724
10p ordinary	Purchase	2	4.71
10p ordinary	Purchase	10	4.702
10p ordinary	Purchase	27	4.71
10p ordinary	Purchase	29	4.716
10p ordinary	Purchase	43	4.7
10p ordinary	Purchase	300	4.716
10p ordinary	Purchase	411	4.7
10p ordinary	Purchase	438	4.698
10p ordinary	Purchase	478	4.716
10p ordinary	Purchase	482	4.7
10p ordinary	Purchase	500	4.714
10p ordinary	Purchase	507	4.702
10p ordinary	Purchase	561	4.71
10p ordinary	Purchase	592	4.698
10p ordinary	Purchase	705	4.69
10p ordinary	Purchase	1,047	4.7
10p ordinary	Purchase	1,189	4.714
10p ordinary	Purchase	1,434	4.716
10p ordinary	Purchase	1,449	4.7
10p ordinary	Purchase	168	4.704
10p ordinary	Purchase	286	4.704
10p ordinary	Purchase	311	4.704
10p ordinary	Purchase	348	4.704
10p ordinary	Purchase	636	4.714
10p ordinary	Purchase	680	4.712
10p ordinary	Purchase	3	4.716
10p ordinary	Purchase	349	4.714
10p ordinary	Purchase	349	4.716
10p ordinary	Purchase	16	4.704
10p ordinary	Purchase	16	4.712
10p ordinary	Purchase	116	4.704
10p ordinary	Purchase	683	4.692
10p ordinary	Purchase	706	4.692
10p ordinary	Purchase	764	4.704
10p ordinary	Purchase	898	4.688
10p ordinary	Purchase	899	4.684
10p ordinary	Purchase	899	4.688
10p ordinary	Purchase	900	4.678
10p ordinary	Purchase	900	4.68
10p ordinary	Purchase	900	4.682
10p ordinary	Purchase	1,076	4.696
10p ordinary	Purchase	1,190	4.712
10p ordinary	Purchase	1,206	4.712
10p ordinary	Purchase	1,206	4.712
10p ordinary	Purchase	1,459	4.7
10p ordinary	Purchase	1,950	4.7
10p ordinary	Purchase	4,084	4.724
10p ordinary	Purchase	2,964	4.724
10p ordinary	Sale	53	4.692
10p ordinary	Sale	221	4.688
10p ordinary	Sale	10,000,000	4.702
10p ordinary	Sale	898	4.692
10p ordinary	Sale	898	4.694
10p ordinary	Sale	903	4.67
10p ordinary	Sale	263	4.70566
10p ordinary	Sale	491	4.724
10p ordinary	Sale	1,406	4.724
10p ordinary	Sale	3,573	4.724
10p ordinary	Sale	4,512	4.724
10p ordinary	Sale	2,964	4.724
10p ordinary	Sale	4,084	4.724

(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	1,298	4.72471
10p ordinary	CFD	Reducing a long position	63	4.698
10p ordinary	CFD	Reducing a long position	3	4.692
10p ordinary	CFD	Reducing a long position	2	4.716
10p ordinary	CFD	Reducing a long position	64	4.706
10p ordinary	CFD	Reducing a long position	33	4.708
10p ordinary	CFD	Reducing a long position	33	4.69
10p ordinary	CFD	Reducing a long position	4	4.718
10p ordinary	CFD	Reducing a long position	101	4.698
10p ordinary	CFD	Reducing a long position	10	4.712
10p ordinary	CFD	Reducing a long position	33	4.71
10p ordinary	CFD	Reducing a long position	10	4.712
10p ordinary	CFD	Reducing a long position	16	4.696
10p ordinary	CFD	Reducing a long position	33	4.698
10p ordinary	CFD	Reducing a long position	6	4.712
10p ordinary	CFD	Reducing a long position	4	4.716
10p ordinary	CFD	Reducing a long position	33	4.7
10p ordinary	CFD	Reducing a long position	33	4.69
10p ordinary	CFD	Reducing a long position	15	4.712
10p ordinary	CFD	Reducing a long position	33	4.712
10p ordinary	CFD	Reducing a long position	33	4.7
10p ordinary	CFD	Reducing a long position	101	4.684
10p ordinary	CFD	Reducing a long position	13	4.712
10p ordinary	CFD	Reducing a long position	76	4.7
10p ordinary	CFD	Reducing a long position	9	4.694
10p ordinary	CFD	Reducing a long position	14	4.696
10p ordinary	CFD	Reducing a long position	17	4.696
10p ordinary	CFD	Reducing a long position	1	4.692
10p ordinary	CFD	Reducing a long position	33	4.696
10p ordinary	CFD	Reducing a long position	26	4.702
10p ordinary	CFD	Reducing a long position	33	4.704
10p ordinary	CFD	Reducing a long position	6	4.716
10p ordinary	CFD	Reducing a long position	6	4.718
10p ordinary	CFD	Reducing a long position	4	4.716
10p ordinary	CFD	Reducing a long position	20	4.702
10p ordinary	CFD	Reducing a long position	36	4.704
10p ordinary	CFD	Increasing a long position	53	4.692
10p ordinary	CFD	Increasing a long position	221	4.688

(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:	03/09/2024
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