Societe Generale SA Form 8.3 - Smith (DS) plc

RNS Number : 1786N

Societe Generale SA

21 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	20/11/2024
(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:	38,148,890	2.76	218,381	0.02
(2)  Cash-settled derivatives:	11,073	0.00	2,121,084	0.15
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	38,159,963	2.76	2,339,465	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	119	5.725
10p ordinary	Purchase	120	5.725
10p ordinary	Purchase	158	5.725
10p ordinary	Purchase	159	5.725
10p ordinary	Purchase	279	5.725
10p ordinary	Purchase	279	5.725
10p ordinary	Purchase	1,281	5.675
10p ordinary	Purchase	1,935	5.68477
10p ordinary	Purchase	7,058	5.745
10p ordinary	Purchase	698	5.69
10p ordinary	Purchase	728	5.695
10p ordinary	Purchase	701	5.68
10p ordinary	Purchase	722	5.685
10p ordinary	Purchase	796	5.685
10p ordinary	Purchase	472	5.685
10p ordinary	Purchase	724	5.6925
10p ordinary	Purchase	699	5.69
10p ordinary	Purchase	691	5.6925
10p ordinary	Purchase	696	5.68
10p ordinary	Purchase	803	5.68
10p ordinary	Purchase	803	5.68
10p ordinary	Sale	82	5.745
10p ordinary	Sale	88	5.68
10p ordinary	Sale	1,847	5.685
10p ordinary	Sale	55,667	5.685
10p ordinary	Sale	5,567	5.745
10p ordinary	Sale	246	5.705
10p ordinary	Sale	624	5.7
10p ordinary	Sale	702	5.71
10p ordinary	Sale	34	5.73
10p ordinary	Sale	138	5.675
10p ordinary	Sale	277	5.675
10p ordinary	Sale	361	5.73
10p ordinary	Sale	397	5.68
10p ordinary	Sale	422	5.73
10p ordinary	Sale	442	5.72
10p ordinary	Sale	615	5.7
10p ordinary	Sale	85	5.69
10p ordinary	Sale	522	5.675
10p ordinary	Sale	609	5.7
10p ordinary	Sale	833	5.69
10p ordinary	Sale	386	5.675
10p ordinary	Sale	477	5.71
10p ordinary	Sale	547	5.71
10p ordinary	Sale	631	5.7
10p ordinary	Sale	795	5.675
10p ordinary	Sale	875	5.73
10p ordinary	Sale	916	5.695
10p ordinary	Sale	918	5.71
10p ordinary	Sale	1,062	5.71
10p ordinary	Sale	1,214	5.685
10p ordinary	Sale	1,215	5.695
10p ordinary	Sale	1,228	5.7
10p ordinary	Sale	1,269	5.69
10p ordinary	Sale	1,311	5.69
10p ordinary	Sale	1,326	5.68
10p ordinary	Sale	1,625	5.69
10p ordinary	Sale	2,200	5.68
10p ordinary	Sale	2,401	5.695
10p ordinary	Sale	2,476	5.69
10p ordinary	Sale	2,642	5.68
10p ordinary	Sale	101	5.745
10p ordinary	Sale	125	5.745
10p ordinary	Sale	225	5.745
10p ordinary	Sale	792	5.745
10p ordinary	Sale	934	5.745
10p ordinary	Sale	1,182	5.745
10p ordinary	Sale	1,267	5.745
10p ordinary	Sale	1,470	5.745
10p ordinary	Sale	1,627	5.745
10p ordinary	Sale	1,820	5.745
10p ordinary	Sale	2,374	5.745
10p ordinary	Sale	2,505	5.745
10p ordinary	Sale	2,609	5.745
10p ordinary	Sale	2,658	5.745
10p ordinary	Sale	2,783	5.745
10p ordinary	Sale	2,783	5.745
10p ordinary	Sale	2,908	5.745
10p ordinary	Sale	2,961	5.745
10p ordinary	Sale	3,229	5.745
10p ordinary	Sale	3,368	5.745
10p ordinary	Sale	3,747	5.745
10p ordinary	Sale	5,442	5.745
10p ordinary	Sale	5,567	5.745
10p ordinary	Sale	5,567	5.745
10p ordinary	Sale	5,567	5.745
10p ordinary	Sale	5,567	5.745
10p ordinary	Sale	6,880	5.745
10p ordinary	Sale	13,294	5.745
10p ordinary	Sale	13,298	5.745
10p ordinary	Sale	17,413	5.745
10p ordinary	Sale	7,058	5.745

 

 

(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	82	5.745
10p ordinary	CFD	Increasing a long position	88	5.68
10p ordinary	CFD	Increasing a long position	1,847	5.685

 

(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:	21/11/2024
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.

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