Form 8.3 - Smith (DS) plc

Released : Jul 30, 2024

RNS Number : 3806Y
Societe Generale SA
30 July 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

29/07/2024

(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:

25,743,672

1.87

184,536

0.01

(2)  Cash-settled derivatives:

 

117,257

0.01

2,179,571

0.16

(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:

0

0.00

0

0.00

TOTAL:

25,860,929

1.87

2,364,107

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

25,000

4.56057

10p ordinary

Purchase

198

4.56

10p ordinary

Purchase

87

4.582

10p ordinary

Purchase

6

4.57

10p ordinary

Purchase

37

4.57

10p ordinary

Purchase

283

4.568

10p ordinary

Purchase

457

4.58

10p ordinary

Purchase

611

4.584

10p ordinary

Purchase

725

4.58

10p ordinary

Purchase

796

4.582

10p ordinary

Purchase

934

4.568

10p ordinary

Purchase

1,375

4.57

10p ordinary

Purchase

1,700

4.58

10p ordinary

Purchase

551

4.584

10p ordinary

Purchase

611

4.584

10p ordinary

Purchase

1,316

4.588

10p ordinary

Purchase

309

4.602

10p ordinary

Purchase

379

4.602

10p ordinary

Purchase

1,288

4.584

10p ordinary

Purchase

10

4.584

10p ordinary

Purchase

25

4.584

10p ordinary

Purchase

97

4.586

10p ordinary

Purchase

116

4.584

10p ordinary

Purchase

116

4.584

10p ordinary

Purchase

160

4.592

10p ordinary

Purchase

205

4.58

10p ordinary

Purchase

362

4.584

10p ordinary

Purchase

431

4.566

10p ordinary

Purchase

448

4.582

10p ordinary

Purchase

725

4.568

10p ordinary

Purchase

750

4.59

10p ordinary

Purchase

814

4.566

10p ordinary

Purchase

879

4.584

10p ordinary

Purchase

921

4.574

10p ordinary

Purchase

921

4.586

10p ordinary

Purchase

1,006

4.584

10p ordinary

Purchase

1,010

4.574

10p ordinary

Purchase

1,082

4.592

10p ordinary

Purchase

1,103

4.596

10p ordinary

Purchase

1,104

4.58

10p ordinary

Purchase

1,104

4.582

10p ordinary

Purchase

1,105

4.57

10p ordinary

Purchase

1,152

4.57

10p ordinary

Purchase

1,219

4.568

10p ordinary

Purchase

1,241

4.582

10p ordinary

Purchase

1,241

4.586

10p ordinary

Purchase

1,241

4.59

10p ordinary

Purchase

1,242

4.58

10p ordinary

Purchase

1,242

4.586

10p ordinary

Purchase

1,242

4.59

10p ordinary

Purchase

1,243

4.574

10p ordinary

Purchase

1,243

4.58

10p ordinary

Purchase

1,243

4.594

10p ordinary

Purchase

1,244

4.568

10p ordinary

Purchase

1,244

4.57

10p ordinary

Purchase

1,245

4.566

10p ordinary

Purchase

1,246

4.58

10p ordinary

Purchase

1,332

4.566

10p ordinary

Purchase

1,510

4.586

10p ordinary

Purchase

1,589

4.584

10p ordinary

Purchase

1,848

4.586

10p ordinary

Purchase

1,874

4.584

10p ordinary

Purchase

3,267

4.58

10p ordinary

Purchase

3,668

4.566

10p ordinary

Purchase

4,195

4.58

10p ordinary

Purchase

5,506

4.58

10p ordinary

Purchase

6,672

4.586

10p ordinary

Purchase

10,214

4.584

10p ordinary

Purchase

13,929

4.582

10p ordinary

Purchase

28,406

4.58

10p ordinary

Purchase

60

4.57873

10p ordinary

Purchase

20,292

4.56

10p ordinary

Purchase

2,513

4.56

10p ordinary

Purchase

86

4.572

10p ordinary

Purchase

871

4.586

10p ordinary

Purchase

289

4.564

10p ordinary

Purchase

882

4.58

10p ordinary

Purchase

926

4.574

10p ordinary

Purchase

852

4.58

10p ordinary

Purchase

897

4.584

10p ordinary

Purchase

901

4.581

10p ordinary

Purchase

854

4.582

10p ordinary

Purchase

888

4.58

10p ordinary

Purchase

38

4.574

10p ordinary

Purchase

858

4.583

10p ordinary

Purchase

884

4.592

10p ordinary

Purchase

910

4.584

10p ordinary

Purchase

867

4.587

10p ordinary

Purchase

868

4.593

10p ordinary

Purchase

868

4.58

Class of relevant security

Purchase/sale

Number of securities

Price per unit

EUR

10p ordinary

Purchase

1,146

5.429

Class of relevant security

Purchase/sale

Number of securities

Price per unit

GBP

10p ordinary

Sale

38

4.578

10p ordinary

Sale

25

4.58

10p ordinary

Sale

22

4.58

10p ordinary

Sale

1,146

4.5715

10p ordinary

Sale

850

4.578

10p ordinary

Sale

1,094

4.578

10p ordinary

Sale

68

4.578

10p ordinary

Sale

221

4.574

10p ordinary

Sale

308

4.56

10p ordinary

Sale

333

4.56

10p ordinary

Sale

394

4.576

10p ordinary

Sale

554

4.586

10p ordinary

Sale

554

4.586

10p ordinary

Sale

716

4.576

10p ordinary

Sale

761

4.578

10p ordinary

Sale

921

4.574

10p ordinary

Sale

922

4.56

10p ordinary

Sale

1,022

4.574

10p ordinary

Sale

1,301

4.56

10p ordinary

Sale

4,290

4.56

10p ordinary

Sale

4,851

4.56

10p ordinary

Sale

4,960

4.56

10p ordinary

Sale

5,160

4.56

10p ordinary

Sale

6,992

4.56

10p ordinary

Sale

7,297

4.56

10p ordinary

Sale

8,467

4.56

10p ordinary

Sale

17,022

4.56

10p ordinary

Sale

38

4.574

10p ordinary

Sale

6

4.57

10p ordinary

Sale

238

4.56

10p ordinary

Sale

1,031

4.56

10p ordinary

Sale

1,455

4.56

10p ordinary

Sale

1,590

4.56

10p ordinary

Sale

2,206

4.56

10p ordinary

Sale

3,722

4.56

10p ordinary

Sale

4,236

4.56

10p ordinary

Sale

5,475

4.56

10p ordinary

Sale

11,592

4.56

10p ordinary

Sale

20,292

4.56

10p ordinary

Sale

2,513

4.56

Class of relevant security

Purchase/sale

Number of securities

Price per unit

EUR

10p ordinary

Sale

225

5.5

                                                                                           

(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 short position

25,000

4.56057

10p ordinary

CFD

Reducing a long position

198

4.56

10p ordinary

CFD

Reducing a long position

87

4.582

10p ordinary

CFD

Reducing a long position

6

4.57

10p ordinary

CFD

Increasing a long position

38

4.578

10p ordinary

CFD

Increasing a long position

25

4.58

10p ordinary

CFD

Increasing a long position

22

4.58

 

(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:

30/07/2024

Contact name:

Paul Jenkins

Telephone number:

+44 20 7676 6969

 

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 +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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