Form 8.3 - Smith (DS) plc

Societe Generale SA

07 October 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	04/10/2024
(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:	23,962,042	1.74	105,260	0.01
(2)  Cash-settled derivatives:	65,481	0.00	1,990,595	0.14
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	24,027,523	1.74	2,095,855	0.15

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	3,844	4.62169
10p ordinary	Purchase	11	4.622
10p ordinary	Purchase	13	4.652
10p ordinary	Purchase	113	4.606
10p ordinary	Purchase	118	4.622
10p ordinary	Purchase	193	4.622
10p ordinary	Purchase	253	4.652
10p ordinary	Purchase	298	4.652
10p ordinary	Purchase	385	4.616
10p ordinary	Purchase	890	4.606
10p ordinary	Purchase	918	4.606
10p ordinary	Purchase	970	4.622
10p ordinary	Purchase	1,199	4.616
10p ordinary	Purchase	1,424	4.622
10p ordinary	Purchase	1,544	4.616
10p ordinary	Purchase	21	4.624
10p ordinary	Purchase	25	4.606
10p ordinary	Purchase	45	4.612
10p ordinary	Purchase	82	4.648
10p ordinary	Purchase	159	4.606
10p ordinary	Purchase	162	4.606
10p ordinary	Purchase	162	4.606
10p ordinary	Purchase	162	4.606
10p ordinary	Purchase	184	4.62
10p ordinary	Purchase	191	4.606
10p ordinary	Purchase	217	4.608
10p ordinary	Purchase	224	4.606
10p ordinary	Purchase	227	4.618
10p ordinary	Purchase	244	4.62
10p ordinary	Purchase	272	4.606
10p ordinary	Purchase	356	4.62
10p ordinary	Purchase	372	4.606
10p ordinary	Purchase	439	4.616
10p ordinary	Purchase	445	4.606
10p ordinary	Purchase	509	4.66
10p ordinary	Purchase	577	4.612
10p ordinary	Purchase	643	4.616
10p ordinary	Purchase	647	4.612
10p ordinary	Purchase	688	4.606
10p ordinary	Purchase	706	4.66
10p ordinary	Purchase	799	4.648
10p ordinary	Purchase	932	4.606
10p ordinary	Purchase	979	4.62
10p ordinary	Purchase	1,039	4.62
10p ordinary	Purchase	1,079	4.66
10p ordinary	Purchase	1,086	4.62
10p ordinary	Purchase	1,087	4.618
10p ordinary	Purchase	1,089	4.62
10p ordinary	Purchase	1,090	4.61
10p ordinary	Purchase	1,091	4.604
10p ordinary	Purchase	1,091	4.604
10p ordinary	Purchase	1,092	4.6
10p ordinary	Purchase	1,158	4.62
10p ordinary	Purchase	1,214	4.662
10p ordinary	Purchase	1,216	4.652
10p ordinary	Purchase	1,217	4.65
10p ordinary	Purchase	1,220	4.64
10p ordinary	Purchase	1,222	4.638
10p ordinary	Purchase	1,224	4.614
10p ordinary	Purchase	1,224	4.62
10p ordinary	Purchase	1,225	4.614
10p ordinary	Purchase	1,226	4.61
10p ordinary	Purchase	1,227	4.61
10p ordinary	Purchase	1,228	4.606
10p ordinary	Purchase	1,228	4.608
10p ordinary	Purchase	1,229	4.6
10p ordinary	Purchase	1,229	4.602
10p ordinary	Purchase	1,230	4.6
10p ordinary	Purchase	102	4.60792
10p ordinary	Sale	1,969	4.61853
10p ordinary	Sale	71	4.618
10p ordinary	Sale	4	4.606
10p ordinary	Sale	21	4.608
10p ordinary	Sale	19	4.608
10p ordinary	Sale	7	4.608
10p ordinary	Sale	10	4.608
10p ordinary	Sale	6	4.608
10p ordinary	Sale	35	4.608
10p ordinary	Sale	23	4.656
10p ordinary	Sale	148	4.656
10p ordinary	Sale	158	4.658
10p ordinary	Sale	166	4.656
10p ordinary	Sale	237	4.658
10p ordinary	Sale	470	4.656
10p ordinary	Sale	119	4.614
10p ordinary	Sale	171	4.614
10p ordinary	Sale	176	4.612
10p ordinary	Sale	285	4.612
10p ordinary	Sale	382	4.614
10p ordinary	Sale	387	4.614
10p ordinary	Sale	535	4.608
10p ordinary	Sale	558	4.608
10p ordinary	Sale	634	4.612
10p ordinary	Sale	1,082	4.658
10p ordinary	Sale	1,090	4.658
10p ordinary	Sale	1,091	4.616
10p ordinary	Sale	1,091	4.618
10p ordinary	Sale	1,091	4.618
10p ordinary	Sale	1,092	4.61
10p ordinary	Sale	1,093	4.61
10p ordinary	Sale	1,093	4.614
10p ordinary	Sale	1,093	4.616
10p ordinary	Sale	1,097	4.598
10p ordinary	Sale	8,016	4.618
10p ordinary	Sale	995	4.618
10p ordinary	Sale	1,392	4.618
10p ordinary	Sale	2,168	4.618
10p ordinary	Sale	2,413	4.618
10p ordinary	Sale	2,822	4.618
10p ordinary	Sale	3,023	4.618
10p ordinary	Sale	4,280	4.618
10p ordinary	Sale	5,568	4.618
10p ordinary	Sale	5,568	4.618
10p ordinary	Sale	5,568	4.618
10p ordinary	Sale	9,744	4.618
10p ordinary	Sale	20,426	4.618

(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	3,844	4.62169
10p ordinary	CFD	Increasing a long position	1,969	4.61853
10p ordinary	CFD	Increasing a long position	71	4.618
10p ordinary	CFD	Increasing a long position	4	4.606
10p ordinary	CFD	Increasing a long position	21	4.608
10p ordinary	CFD	Increasing a long position	19	4.608
10p ordinary	CFD	Increasing a long position	7	4.608
10p ordinary	CFD	Increasing a long position	10	4.608
10p ordinary	CFD	Increasing a long position	6	4.608
10p ordinary	CFD	Increasing a long position	35	4.608

(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:	07/10/2024
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