Form 8.3 - Smith (DS) plc

Societe Generale SA

07 November 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	06/11/2024
(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:	30,511,211	2.21	94,889	0.01
(2)  Cash-settled derivatives:	5,630	0.00	1,221,084	0.09
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	30,516,841	2.21	1,315,973	0.10

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	34	5.7525
10p ordinary	Purchase	16	5.74
10p ordinary	Purchase	4	5.75
10p ordinary	Purchase	36	5.74
10p ordinary	Purchase	16	5.74
10p ordinary	Purchase	16	5.74
10p ordinary	Purchase	76	5.74
10p ordinary	Purchase	451	5.77
10p ordinary	Purchase	570	5.755
10p ordinary	Purchase	570	5.765
10p ordinary	Purchase	579	5.755
10p ordinary	Purchase	450	5.795
10p ordinary	Purchase	495	5.77
10p ordinary	Purchase	795	5.76
10p ordinary	Purchase	798	5.785
10p ordinary	Purchase	837	5.79
10p ordinary	Purchase	864	5.775
10p ordinary	Purchase	865	5.785
10p ordinary	Purchase	865	5.785
10p ordinary	Purchase	873	5.73
10p ordinary	Purchase	876	5.715
10p ordinary	Purchase	877	5.71
10p ordinary	Purchase	878	5.705
10p ordinary	Purchase	879	5.7
10p ordinary	Purchase	968	5.81
10p ordinary	Purchase	970	5.8
10p ordinary	Purchase	970	5.8
10p ordinary	Purchase	972	5.79
10p ordinary	Purchase	973	5.785
10p ordinary	Purchase	974	5.785
10p ordinary	Purchase	980	5.735
10p ordinary	Purchase	1,040	5.735
10p ordinary	Purchase	1,141	5.795
10p ordinary	Purchase	1,479	5.79
10p ordinary	Purchase	3,521	5.79
10p ordinary	Purchase	7,248	5.765
10p ordinary	Purchase	8,041	5.83
10p ordinary	Purchase	50	5.785
10p ordinary	Purchase	150	5.765
10p ordinary	Purchase	662	5.765
10p ordinary	Purchase	891	5.765
10p ordinary	Purchase	1,645	5.765
10p ordinary	Purchase	4,717	5.765
10p ordinary	Purchase	4,936	5.765
10p ordinary	Purchase	9,360	5.765
10p ordinary	Purchase	13,389	5.765
10p ordinary	Purchase	14,152	5.765
10p ordinary	Purchase	53	5.775
10p ordinary	Purchase	4,263	5.765
10p ordinary	Purchase	1,906	5.765
10p ordinary	Purchase	286	5.775
10p ordinary	Purchase	482	5.78
10p ordinary	Purchase	700	5.78
10p ordinary	Purchase	1,490	5.81
10p ordinary	Purchase	29	5.78
10p ordinary	Purchase	349	5.765
10p ordinary	Purchase	872	5.78
10p ordinary	Purchase	671	5.78
10p ordinary	Purchase	1,405	5.77
10p ordinary	Purchase	700	5.775
10p ordinary	Purchase	711	5.77
10p ordinary	Purchase	106	5.77
10p ordinary	Purchase	1,467	5.79
10p ordinary	Purchase	272	5.78
10p ordinary	Purchase	509	5.79
10p ordinary	Purchase	730	5.77
10p ordinary	Purchase	770	5.79
10p ordinary	Purchase	770	5.77
10p ordinary	Purchase	514	5.77
10p ordinary	Purchase	700	5.77
10p ordinary	Purchase	85	5.77
10p ordinary	Purchase	948	5.775
10p ordinary	Purchase	263	5.79
10p ordinary	Purchase	739	5.775
10p ordinary	Purchase	1,003	5.775
10p ordinary	Purchase	1,248	5.755
10p ordinary	Purchase	770	5.775
10p ordinary	Purchase	300	5.775
10p ordinary	Purchase	484	5.775
10p ordinary	Purchase	1,498	5.78
10p ordinary	Purchase	668	5.78
10p ordinary	Purchase	668	5.78
10p ordinary	Purchase	1,278	5.765
10p ordinary	Purchase	711	5.77
10p ordinary	Purchase	285	5.77
10p ordinary	Purchase	683	5.77
10p ordinary	Purchase	851	5.785
10p ordinary	Purchase	728	5.785
10p ordinary	Purchase	673	5.7925
10p ordinary	Purchase	750	5.7925
10p ordinary	Purchase	715	5.7925
10p ordinary	Purchase	350	5.78
10p ordinary	Purchase	1,387	5.7625
10p ordinary	Purchase	772	5.765
10p ordinary	Purchase	730	5.79
10p ordinary	Purchase	535	5.765
10p ordinary	Purchase	103	5.79
10p ordinary	Purchase	728	5.79
10p ordinary	Purchase	112	5.79
10p ordinary	Purchase	730	5.79
10p ordinary	Purchase	300	5.79
10p ordinary	Purchase	1,398	5.77
10p ordinary	Purchase	770	5.79
10p ordinary	Purchase	548	5.785
10p ordinary	Purchase	1,532	5.77
10p ordinary	Purchase	700	5.785
10p ordinary	Purchase	528	5.765
10p ordinary	Purchase	750	5.765
10p ordinary	Purchase	700	5.765
10p ordinary	Purchase	89	5.79
10p ordinary	Purchase	1,278	5.765
10p ordinary	Purchase	548	5.765
10p ordinary	Purchase	32	5.78
10p ordinary	Purchase	286	5.78
10p ordinary	Purchase	24	5.78
10p ordinary	Purchase	730	5.775
10p ordinary	Purchase	276	5.78
10p ordinary	Purchase	1,514	5.79
10p ordinary	Purchase	863	5.78
10p ordinary	Purchase	193	5.765
10p ordinary	Purchase	100	5.79
10p ordinary	Purchase	770	5.79
10p ordinary	Purchase	400	5.77
10p ordinary	Purchase	514	5.77
10p ordinary	Purchase	286	5.77
10p ordinary	Purchase	148	5.785
10p ordinary	Purchase	751	5.8
10p ordinary	Purchase	391	5.775
10p ordinary	Purchase	39	5.775
10p ordinary	Purchase	349	5.785
10p ordinary	Purchase	772	5.785
10p ordinary	Purchase	1,252	5.765
10p ordinary	Purchase	730	5.79
10p ordinary	Purchase	1,471	5.8275
10p ordinary	Sale	268	5.765
10p ordinary	Sale	391	5.775
10p ordinary	Sale	460	5.76
10p ordinary	Sale	617	5.795
10p ordinary	Sale	379	5.775
10p ordinary	Sale	392	5.79
10p ordinary	Sale	484	5.775
10p ordinary	Sale	608	5.795
10p ordinary	Sale	602	5.795
10p ordinary	Sale	135	5.77
10p ordinary	Sale	443	5.77
10p ordinary	Sale	508	5.77
10p ordinary	Sale	561	5.775
10p ordinary	Sale	618	5.795
10p ordinary	Sale	734	5.77
10p ordinary	Sale	796	5.75
10p ordinary	Sale	838	5.785
10p ordinary	Sale	855	5.79
10p ordinary	Sale	862	5.81
10p ordinary	Sale	864	5.785
10p ordinary	Sale	864	5.79
10p ordinary	Sale	864	5.79
10p ordinary	Sale	864	5.795
10p ordinary	Sale	864	5.8
10p ordinary	Sale	864	5.8
10p ordinary	Sale	864	5.8
10p ordinary	Sale	865	5.79
10p ordinary	Sale	865	5.795
10p ordinary	Sale	865	5.8
10p ordinary	Sale	865	5.8
10p ordinary	Sale	866	5.785
10p ordinary	Sale	867	5.78
10p ordinary	Sale	868	5.77
10p ordinary	Sale	868	5.775
10p ordinary	Sale	868	5.78
10p ordinary	Sale	869	5.755
10p ordinary	Sale	869	5.76
10p ordinary	Sale	869	5.76
10p ordinary	Sale	870	5.755
10p ordinary	Sale	871	5.75
10p ordinary	Sale	871	5.75
10p ordinary	Sale	872	5.74
10p ordinary	Sale	872	5.745
10p ordinary	Sale	872	5.745
10p ordinary	Sale	872	5.75
10p ordinary	Sale	873	5.74
10p ordinary	Sale	878	5.715
10p ordinary	Sale	944	5.71
10p ordinary	Sale	953	5.75
10p ordinary	Sale	972	5.785
10p ordinary	Sale	1,463	5.78
10p ordinary	Sale	1,607	5.75
10p ordinary	Sale	1,647	5.78
10p ordinary	Sale	2,151	5.79
10p ordinary	Sale	4,098	5.75
10p ordinary	Sale	4,098	5.75
10p ordinary	Sale	5,000	5.76
10p ordinary	Sale	5,210	5.75
10p ordinary	Sale	53	5.775
10p ordinary	Sale	739	5.775
10p ordinary	Sale	128	5.74031
10p ordinary	Sale	1,906	5.765
10p ordinary	Sale	4,263	5.765
10p ordinary	Sale	527	5.7675
10p ordinary	Sale	384	5.765
10p ordinary	Sale	400	5.755
10p ordinary	Sale	50	5.785
10p ordinary	Sale	750	5.765
10p ordinary	Sale	115	5.7825
10p ordinary	Sale	370	5.7725
10p ordinary	Sale	508	5.755
Class of relevant security	Purchase/sale	Number of securities	Price per unit EUR
10p ordinary	Sale	150	7

(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	34	5.7525
10p ordinary	CFD	Reducing a long position	16	5.74
10p ordinary	CFD	Reducing a long position	4	5.75
10p ordinary	CFD	Reducing a long position	36	5.74
10p ordinary	CFD	Reducing a long position	16	5.74
10p ordinary	CFD	Reducing a long position	16	5.74
10p ordinary	CFD	Reducing a long position	76	5.74
10p ordinary	CFD	Increasing a long position	268	5.765

(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:	07/11/2024
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