Form 8.3 - Smith (DS) plc

Societe Generale SA

17 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	16/10/2024
(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:	23,566,356	1.71	207,326	0.02
(2)  Cash-settled derivatives:	8,768	0.00	1,590,595	0.12
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	23,575,124	1.71	1,797,921	0.13

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	557	4.68
10p ordinary	Purchase	5,567	4.684
10p ordinary	Purchase	128	4.7
10p ordinary	Purchase	189	4.7
10p ordinary	Purchase	384	4.698
10p ordinary	Purchase	413	4.7
10p ordinary	Purchase	514	4.698
10p ordinary	Purchase	586	4.702
10p ordinary	Purchase	749	4.684
10p ordinary	Purchase	971	4.692
10p ordinary	Purchase	818	4.682
10p ordinary	Purchase	466	4.672
10p ordinary	Purchase	598	4.694
10p ordinary	Purchase	599	4.694
10p ordinary	Purchase	16	4.692
10p ordinary	Purchase	16	4.694
10p ordinary	Purchase	17	4.692
10p ordinary	Purchase	20	4.682
10p ordinary	Purchase	28	4.682
10p ordinary	Purchase	81	4.67
10p ordinary	Purchase	86	4.688
10p ordinary	Purchase	204	4.696
10p ordinary	Purchase	263	4.694
10p ordinary	Purchase	340	4.688
10p ordinary	Purchase	344	4.688
10p ordinary	Purchase	345	4.696
10p ordinary	Purchase	363	4.682
10p ordinary	Purchase	381	4.668
10p ordinary	Purchase	422	4.676
10p ordinary	Purchase	427	4.69
10p ordinary	Purchase	479	4.646
10p ordinary	Purchase	601	4.646
10p ordinary	Purchase	651	4.676
10p ordinary	Purchase	687	4.654
10p ordinary	Purchase	693	4.692
10p ordinary	Purchase	719	4.682
10p ordinary	Purchase	734	4.654
10p ordinary	Purchase	758	4.67
10p ordinary	Purchase	776	4.69
10p ordinary	Purchase	778	4.688
10p ordinary	Purchase	779	4.672
10p ordinary	Purchase	862	4.688
10p ordinary	Purchase	1,031	4.632
10p ordinary	Purchase	1,053	4.692
10p ordinary	Purchase	1,070	4.69
10p ordinary	Purchase	1,073	4.678
10p ordinary	Purchase	1,076	4.662
10p ordinary	Purchase	1,076	4.664
10p ordinary	Purchase	1,076	4.666
10p ordinary	Purchase	1,077	4.662
10p ordinary	Purchase	1,078	4.658
10p ordinary	Purchase	1,078	4.66
10p ordinary	Purchase	1,079	4.654
10p ordinary	Purchase	1,080	4.648
10p ordinary	Purchase	1,080	4.65
10p ordinary	Purchase	1,081	4.646
10p ordinary	Purchase	1,082	4.638
10p ordinary	Purchase	1,082	4.64
10p ordinary	Purchase	1,083	4.634
10p ordinary	Purchase	1,083	4.636
10p ordinary	Purchase	1,202	4.698
10p ordinary	Purchase	1,206	4.68
10p ordinary	Purchase	1,206	4.68
10p ordinary	Purchase	1,206	4.686
10p ordinary	Purchase	1,206	4.686
10p ordinary	Purchase	1,206	4.688
10p ordinary	Purchase	1,207	4.678
10p ordinary	Purchase	1,208	4.672
10p ordinary	Purchase	1,210	4.668
10p ordinary	Purchase	1,212	4.664
10p ordinary	Purchase	1,212	4.666
10p ordinary	Purchase	1,215	4.646
10p ordinary	Purchase	1,215	4.65
10p ordinary	Purchase	1,216	4.648
10p ordinary	Purchase	1,217	4.64
10p ordinary	Purchase	1,217	4.646
10p ordinary	Purchase	1,440	4.686
10p ordinary	Purchase	5,000	4.654
10p ordinary	Purchase	1	4.646
10p ordinary	Purchase	11,930	4.684
10p ordinary	Purchase	20,046	4.684
10p ordinary	Sale	132	4.684
10p ordinary	Sale	1	4.646
10p ordinary	Sale	1,079	4.658
10p ordinary	Sale	1,084	4.638
10p ordinary	Sale	1,084	4.64
10p ordinary	Sale	1,085	4.638
10p ordinary	Sale	1,086	4.632
10p ordinary	Sale	1,086	4.636
10p ordinary	Sale	2,102	4.684
10p ordinary	Sale	1,029	4.684
10p ordinary	Sale	1,334	4.684
10p ordinary	Sale	7,615	4.684
10p ordinary	Sale	11,071	4.684
10p ordinary	Sale	20,046	4.684
10p ordinary	Sale	11,930	4.684

(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	132	4.684
10p ordinary	CFD	Increasing a long position	1	4.646

(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:	17/10/2024
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