Form 8.3 - Smith (DS) plc

Aviva PLC

03 December 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:	AVIVA PLC AND ITS SUBSIDIARIES
(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.	Aviva plc does not have investment discretion over part of the holding, however full voting authority is retained.
(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:	N/A
(e) Date position held/dealing undertaken:      For an opening position disclosure, state the latest practicable date prior to the disclosure	02 DECEMBER 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:	GBP0.10
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	16,157,772 *	1.17	0	0
(2) Cash-settled derivatives:	0	0	0	0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0	0	0
TOTAL:	16,157,772 *	1.17	0	0

*Aviva plc does not have investment discretion over 3,578,898 shares, however full voting authority is retained.

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
GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10 GBP0.10	SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE SALE PURCHASE	1,624 5 29 143 107 588 222 3 854 86 8 1,212 1,528 44,243 23,281 16,032 6,046 2,918 2,403 2,337 1,176 570 66,364 35,262 24,048 205 9,069 4,377 3,605 3,506 1,818 172 1,613 301 1,043 182 385 58,866 30,977 21,331 121 8,044 3,882 3,198 3,110    6,569**	GBP5.793984 GBP5.794000 GBP5.794483 GBP5.794545 GBP5.794579 GBP5.794592 GBP5.794595 GBP5.793333 GBP5.794602 GBP5.794651 GBP5.795000 GBP5.799175 GBP5.800000 GBP5.800011 GBP5.800021 GBP5.800031 GBP5.800083 GBP5.800171 GBP5.800208 GBP5.800214 GBP5.804150 GBP5.805000 GBP5.805008 GBP5.805015 GBP5.805021 GBP5.805024 GBP5.805056 GBP5.805115 GBP5.805140 GBP5.805143 GBP5.805275 GBP5.825000 GBP5.831581 GBP5.832193 GBP5.832196 GBP5.832198 GBP5.832208 GBP5.832209 GBP5.832216 GBP5.832224 GBP5.832231 GBP5.832263 GBP5.832329 GBP5.832358 GBP5.832360 GBP5.832500

** Aviva plc does not have investment discretion over 6,569 shares, however it retains full voting authority

(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

(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 DECEMBER 2024
Contact name:	NEIL WHITTAKER
Telephone number:	020 7528 2115

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