Form 8.3 - Smith (DS) plc

Societe Generale SA

16 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	13/09/2024
(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:	23,874,761	1.73	301,994	0.02
(2)  Cash-settled derivatives:	63,606	0.00	2,010,595	0.15
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	23,938,367	1.73	2,312,589	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	4,942	4.6709
10p ordinary	Purchase	220	4.592
10p ordinary	Purchase	24	4.598
10p ordinary	Purchase	12	4.59
10p ordinary	Purchase	25	4.61
10p ordinary	Purchase	18	4.588
10p ordinary	Purchase	21	4.612
10p ordinary	Purchase	66	4.594
10p ordinary	Purchase	65	4.612
10p ordinary	Purchase	22	4.596
10p ordinary	Purchase	54	4.586
10p ordinary	Purchase	24	4.598
10p ordinary	Purchase	94	4.598
10p ordinary	Purchase	7	4.59
10p ordinary	Purchase	22	4.596
10p ordinary	Purchase	14	4.59
10p ordinary	Purchase	18	4.59
10p ordinary	Purchase	40	4.588
10p ordinary	Purchase	72	4.598
10p ordinary	Purchase	150	4.67
10p ordinary	Purchase	18	4.588
10p ordinary	Purchase	11	4.596
10p ordinary	Purchase	5,561	4.67
10p ordinary	Purchase	13	4.622
10p ordinary	Purchase	15	4.616
10p ordinary	Purchase	18	4.616
10p ordinary	Purchase	20	4.622
10p ordinary	Purchase	21	4.62
10p ordinary	Purchase	26	4.62
10p ordinary	Purchase	54	4.706
10p ordinary	Purchase	416	4.706
10p ordinary	Purchase	634	4.616
10p ordinary	Purchase	715	4.62
10p ordinary	Purchase	972	4.608
10p ordinary	Purchase	1,691	4.622
10p ordinary	Purchase	105	4.604
10p ordinary	Purchase	122	4.596
10p ordinary	Purchase	352	4.71
10p ordinary	Purchase	354	4.608
10p ordinary	Purchase	615	4.586
10p ordinary	Purchase	627	4.586
10p ordinary	Purchase	730	4.71
10p ordinary	Purchase	917	4.606
10p ordinary	Purchase	918	4.594
10p ordinary	Purchase	918	4.596
10p ordinary	Purchase	965	4.618
10p ordinary	Purchase	967	4.596
10p ordinary	Purchase	979	4.608
10p ordinary	Purchase	999	4.596
10p ordinary	Purchase	1,055	4.738
10p ordinary	Purchase	1,070	4.732
10p ordinary	Purchase	1,132	4.604
10p ordinary	Purchase	1,190	4.608
10p ordinary	Purchase	1,238	4.61
10p ordinary	Purchase	2,723	4.67
10p ordinary	Purchase	119	4.71114
10p ordinary	Purchase	2,120	4.67
10p ordinary	Purchase	31,672	4.67
10p ordinary	Sale	50	4.706
10p ordinary	Sale	59	4.738
10p ordinary	Sale	17	4.734
10p ordinary	Sale	19	4.706
10p ordinary	Sale	26	4.698
10p ordinary	Sale	16	4.698
10p ordinary	Sale	17	4.726
10p ordinary	Sale	53	4.71
10p ordinary	Sale	43	4.706
10p ordinary	Sale	19	4.698
10p ordinary	Sale	18	4.736
10p ordinary	Sale	17	4.72
10p ordinary	Sale	28	4.698
10p ordinary	Sale	27	4.702
10p ordinary	Sale	26	4.698
10p ordinary	Sale	44	4.718
10p ordinary	Sale	17	4.726
10p ordinary	Sale	80	4.704
10p ordinary	Sale	24	4.736
10p ordinary	Sale	2,781	4.67
10p ordinary	Sale	5,561	4.67
10p ordinary	Sale	21	4.69
10p ordinary	Sale	23	4.69
10p ordinary	Sale	35	4.696
10p ordinary	Sale	94	4.69
10p ordinary	Sale	164	4.7
10p ordinary	Sale	290	4.7
10p ordinary	Sale	412	4.696
10p ordinary	Sale	548	4.698
10p ordinary	Sale	629	4.696
10p ordinary	Sale	629	4.698
10p ordinary	Sale	1,156	4.69
10p ordinary	Sale	1,169	4.7
10p ordinary	Sale	1,229	4.704
10p ordinary	Sale	447	4.704
10p ordinary	Sale	1,151	4.704
10p ordinary	Sale	35	4.698
10p ordinary	Sale	42	4.698
10p ordinary	Sale	82	4.738
10p ordinary	Sale	99	4.698
10p ordinary	Sale	132	4.63
10p ordinary	Sale	151	4.698
10p ordinary	Sale	167	4.63
10p ordinary	Sale	177	4.628
10p ordinary	Sale	182	4.698
10p ordinary	Sale	184	4.698
10p ordinary	Sale	192	4.698
10p ordinary	Sale	204	4.666
10p ordinary	Sale	259	4.624
10p ordinary	Sale	294	4.698
10p ordinary	Sale	404	4.7
10p ordinary	Sale	425	4.666
10p ordinary	Sale	425	4.698
10p ordinary	Sale	447	4.7
10p ordinary	Sale	459	4.666
10p ordinary	Sale	655	4.624
10p ordinary	Sale	682	4.698
10p ordinary	Sale	682	4.698
10p ordinary	Sale	701	4.698
10p ordinary	Sale	824	4.698
10p ordinary	Sale	913	4.628
10p ordinary	Sale	914	4.622
10p ordinary	Sale	914	4.626
10p ordinary	Sale	916	4.614
10p ordinary	Sale	920	4.596
10p ordinary	Sale	920	4.598
10p ordinary	Sale	920	4.6
10p ordinary	Sale	920	4.602
10p ordinary	Sale	920	4.604
10p ordinary	Sale	920	4.606
10p ordinary	Sale	920	4.628
10p ordinary	Sale	1,004	4.696
10p ordinary	Sale	1,055	4.738
10p ordinary	Sale	1,069	4.742
10p ordinary	Sale	1,069	4.744
10p ordinary	Sale	1,074	4.72
10p ordinary	Sale	1,075	4.718
10p ordinary	Sale	1,077	4.712
10p ordinary	Sale	1,078	4.7
10p ordinary	Sale	1,078	4.7
10p ordinary	Sale	1,078	4.708
10p ordinary	Sale	1,096	4.626
10p ordinary	Sale	1,097	4.624
10p ordinary	Sale	1,104	4.594
10p ordinary	Sale	1,105	4.59
10p ordinary	Sale	1,109	4.698
10p ordinary	Sale	1,213	4.694
10p ordinary	Sale	1,238	4.7
10p ordinary	Sale	1,606	4.694
10p ordinary	Sale	204	4.60213
10p ordinary	Sale	259	4.67
10p ordinary	Sale	2,160	4.67
10p ordinary	Sale	31,672	4.67
10p ordinary	Sale	2,120	4.67

(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	4,942	4.67093484
10p ordinary	CFD	Reducing a long position	886	4.6069189252
10p ordinary	CFD	Increasing a long position	600	4.7121164099
10p ordinary	CFD	Reducing a long position	111	4.612933015

(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:	16/09/2024
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