Source - LSE Regulatory
RNS Number : 6257N
Societe Generale SA
08 May 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

07/05/2024

(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:

16,619,761

1.20

142,700

0.01

(2)  Cash-settled derivatives:

 

8,777

0.00

280,478

0.02

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

0

0.00

0

0.00

TOTAL:

16,628,538

1.21

423,178

0.03

    


 

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

666

3.602

10p ordinary

Purchase

1,112

3.602

10p ordinary

Purchase

770

3.358

10p ordinary

Purchase

5,000

3.462

10p ordinary

Purchase

2,218

3.358

10p ordinary

Purchase

2,012

3.358

10p ordinary

Purchase

5

3.678

10p ordinary

Purchase

22

3.678

10p ordinary

Purchase

82

3.678

10p ordinary

Purchase

101

3.678

10p ordinary

Purchase

256

3.67

10p ordinary

Purchase

256

3.67

10p ordinary

Purchase

295

3.678

10p ordinary

Purchase

430

3.678

10p ordinary

Purchase

512

3.67

10p ordinary

Purchase

584

3.678

10p ordinary

Purchase

738

3.68

10p ordinary

Purchase

836

3.678

10p ordinary

Purchase

877

3.678

10p ordinary

Purchase

1,024

3.67

10p ordinary

Purchase

1,024

3.68

10p ordinary

Purchase

1,105

3.678

10p ordinary

Purchase

1,280

3.58

10p ordinary

Purchase

1,280

3.672

10p ordinary

Purchase

1,280

3.68

10p ordinary

Purchase

1,362

3.678

10p ordinary

Purchase

1,823

3.68

10p ordinary

Purchase

2,561

3.58

10p ordinary

Purchase

2,856

3.678

10p ordinary

Purchase

512

3.68

10p ordinary

Purchase

977

3.7

10p ordinary

Purchase

3,896

3.6

10p ordinary

Purchase

1

3.696

10p ordinary

Purchase

28

3.702

10p ordinary

Purchase

47

3.708

10p ordinary

Purchase

119

3.714

10p ordinary

Purchase

142

3.704

10p ordinary

Purchase

163

3.696

10p ordinary

Purchase

172

3.686

10p ordinary

Purchase

204

3.674

10p ordinary

Purchase

209

3.704

10p ordinary

Purchase

271

3.702

10p ordinary

Purchase

276

3.704

10p ordinary

Purchase

284

3.702

10p ordinary

Purchase

300

3.676

10p ordinary

Purchase

317

3.676

10p ordinary

Purchase

354

3.702

10p ordinary

Purchase

482

3.7

10p ordinary

Purchase

498

3.686

10p ordinary

Purchase

500

3.674

10p ordinary

Purchase

500

3.702

10p ordinary

Purchase

504

3.7

10p ordinary

Purchase

540

3.696

10p ordinary

Purchase

540

3.696

10p ordinary

Purchase

540

3.7

10p ordinary

Purchase

540

3.704

10p ordinary

Purchase

578

3.7

10p ordinary

Purchase

578

3.708

10p ordinary

Purchase

600

3.602

10p ordinary

Purchase

600

3.638

10p ordinary

Purchase

612

3.556

10p ordinary

Purchase

614

3.552

10p ordinary

Purchase

637

3.632

10p ordinary

Purchase

643

3.668

10p ordinary

Purchase

664

3.538

10p ordinary

Purchase

670

3.714

10p ordinary

Purchase

732

3.57

10p ordinary

Purchase

753

3.698

10p ordinary

Purchase

777

3.576

10p ordinary

Purchase

800

3.602

10p ordinary

Purchase

834

3.704

10p ordinary

Purchase

837

3.704

10p ordinary

Purchase

841

3.696

10p ordinary

Purchase

902

3.552

10p ordinary

Purchase

931

3.7

10p ordinary

Purchase

944

3.706

10p ordinary

Purchase

963

3.652

10p ordinary

Purchase

1,157

3.612

10p ordinary

Purchase

1,197

3.68

10p ordinary

Purchase

1,334

3.706

10p ordinary

Purchase

1,356

3.394

10p ordinary

Purchase

1,356

3.694

10p ordinary

Purchase

1,356

3.704

10p ordinary

Purchase

1,517

3.626

10p ordinary

Purchase

1,747

3.7

10p ordinary

Purchase

2,308

3.618

10p ordinary

Purchase

2,410

3.608

10p ordinary

Purchase

2,471

3.684

10p ordinary

Purchase

3,484

3.672

10p ordinary

Purchase

4,384

3.632

10p ordinary

Purchase

601

3.636

10p ordinary

Purchase

658

3.708

10p ordinary

Purchase

677

3.692

10p ordinary

Purchase

677

3.716

10p ordinary

Purchase

951

3.7

10p ordinary

Purchase

1,100

3.652

10p ordinary

Purchase

1,200

3.602

10p ordinary

Purchase

2,185

3.652

10p ordinary

Purchase

2,314

3.614

10p ordinary

Purchase

2

3.682

10p ordinary

Purchase

7

3.652

10p ordinary

Purchase

8

3.652

10p ordinary

Purchase

20

3.682

10p ordinary

Purchase

24

3.674

10p ordinary

Purchase

26

3.574

10p ordinary

Purchase

53

3.652

10p ordinary

Purchase

70

3.676

10p ordinary

Purchase

73

3.65

10p ordinary

Purchase

74

3.674

10p ordinary

Purchase

76

3.65

10p ordinary

Purchase

78

3.574

10p ordinary

Purchase

81

3.642

10p ordinary

Purchase

98

3.682

10p ordinary

Purchase

100

3.642

10p ordinary

Purchase

100

3.65

10p ordinary

Purchase

107

3.688

10p ordinary

Purchase

109

3.642

10p ordinary

Purchase

138

3.65

10p ordinary

Purchase

166

3.682

10p ordinary

Purchase

231

3.702

10p ordinary

Purchase

240

3.598

10p ordinary

Purchase

241

3.602

10p ordinary

Purchase

276

3.678

10p ordinary

Purchase

282

3.642

10p ordinary

Purchase

295

3.612

10p ordinary

Purchase

300

3.604

10p ordinary

Purchase

300

3.604

10p ordinary

Purchase

300

3.604

10p ordinary

Purchase

300

3.65

10p ordinary

Purchase

305

3.686

10p ordinary

Purchase

311

3.708

10p ordinary

Purchase

315

3.642

10p ordinary

Purchase

319

3.688

10p ordinary

Purchase

331

3.686

10p ordinary

Purchase

335

3.638

10p ordinary

Purchase

352

3.622

10p ordinary

Purchase

352

3.654

10p ordinary

Purchase

378

3.61

10p ordinary

Purchase

397

3.706

10p ordinary

Purchase

400

3.65

10p ordinary

Purchase

470

3.688

10p ordinary

Purchase

474

3.602

10p ordinary

Purchase

517

3.694

10p ordinary

Purchase

528

3.678

10p ordinary

Purchase

559

3.686

10p ordinary

Purchase

570

3.682

10p ordinary

Purchase

642

3.676

10p ordinary

Purchase

648

3.678

10p ordinary

Purchase

669

3.678

10p ordinary

Purchase

675

3.688

10p ordinary

Purchase

684

3.65

10p ordinary

Purchase

687

3.7

10p ordinary

Purchase

691

3.654

10p ordinary

Purchase

700

3.574

10p ordinary

Purchase

733

3.688

10p ordinary

Purchase

761

3.61

10p ordinary

Purchase

778

3.574

10p ordinary

Purchase

795

3.578

10p ordinary

Purchase

805

3.604

10p ordinary

Purchase

816

3.574

10p ordinary

Purchase

869

3.676

10p ordinary

Purchase

881

3.688

10p ordinary

Purchase

881

3.702

10p ordinary

Purchase

881

3.706

10p ordinary

Purchase

881

3.708

10p ordinary

Purchase

894

3.654

10p ordinary

Purchase

897

3.678

10p ordinary

Purchase

897

3.7

10p ordinary

Purchase

897

3.708

10p ordinary

Purchase

902

3.574

10p ordinary

Purchase

902

3.574

10p ordinary

Purchase

918

3.574

10p ordinary

Purchase

918

3.578

10p ordinary

Purchase

918

3.578

10p ordinary

Purchase

918

3.602

10p ordinary

Purchase

918

3.61

10p ordinary

Purchase

918

3.612

10p ordinary

Purchase

918

3.622

10p ordinary

Purchase

918

3.638

10p ordinary

Purchase

918

3.65

10p ordinary

Purchase

918

3.65

10p ordinary

Purchase

936

3.7

10p ordinary

Purchase

945

3.698

10p ordinary

Purchase

1,000

3.598

10p ordinary

Purchase

1,012

3.61

10p ordinary

Purchase

1,042

3.684

10p ordinary

Purchase

1,042

3.698

10p ordinary

Purchase

1,050

3.682

10p ordinary

Purchase

1,051

3.694

10p ordinary

Purchase

1,100

3.578

10p ordinary

Purchase

1,100

3.642

10p ordinary

Purchase

1,128

3.706

10p ordinary

Purchase

1,142

3.682

10p ordinary

Purchase

1,157

3.708

10p ordinary

Purchase

1,157

3.71

10p ordinary

Purchase

1,158

3.706

10p ordinary

Purchase

1,159

3.7

10p ordinary

Purchase

1,159

3.702

10p ordinary

Purchase

1,159

3.704

10p ordinary

Purchase

1,160

3.7

10p ordinary

Purchase

1,167

3.678

10p ordinary

Purchase

1,167

3.68

10p ordinary

Purchase

1,168

3.674

10p ordinary

Purchase

1,168

3.676

10p ordinary

Purchase

1,195

3.642

10p ordinary

Purchase

1,233

3.654

10p ordinary

Purchase

1,239

3.61

10p ordinary

Purchase

1,263

3.516

10p ordinary

Purchase

1,271

3.678

10p ordinary

Purchase

1,288

3.682

10p ordinary

Purchase

1,333

3.706

10p ordinary

Purchase

1,519

3.652

10p ordinary

Purchase

1,565

3.704

10p ordinary

Purchase

1,565

3.704

10p ordinary

Purchase

1,566

3.702

10p ordinary

Purchase

1,568

3.696

10p ordinary

Purchase

1,569

3.696

10p ordinary

Purchase

1,572

3.684

10p ordinary

Purchase

1,572

3.684

10p ordinary

Purchase

1,572

3.684

10p ordinary

Purchase

1,572

3.686

10p ordinary

Purchase

1,572

3.688

10p ordinary

Purchase

1,573

3.682

10p ordinary

Purchase

1,573

3.684

10p ordinary

Purchase

1,573

3.684

10p ordinary

Purchase

1,574

3.68

10p ordinary

Purchase

1,574

3.682

10p ordinary

Purchase

1,576

3.676

10p ordinary

Purchase

1,576

3.676

10p ordinary

Purchase

1,578

3.674

10p ordinary

Purchase

1,580

3.666

10p ordinary

Purchase

1,583

3.66

10p ordinary

Purchase

1,583

3.66

10p ordinary

Purchase

1,583

3.662

10p ordinary

Purchase

1,585

3.658

10p ordinary

Purchase

1,586

3.652

10p ordinary

Purchase

1,586

3.654

10p ordinary

Purchase

1,587

3.652

10p ordinary

Purchase

1,588

3.648

10p ordinary

Purchase

1,588

3.65

10p ordinary

Purchase

1,588

3.65

10p ordinary

Purchase

1,589

3.64

10p ordinary

Purchase

1,606

3.612

10p ordinary

Purchase

1,625

3.642

10p ordinary

Purchase

1,866

3.618

10p ordinary

Purchase

1,978

3.426

10p ordinary

Purchase

2,005

3.696

10p ordinary

Purchase

2,221

3.5

10p ordinary

Purchase

2,226

3.682

10p ordinary

Purchase

2,231

3.678

10p ordinary

Purchase

2,273

3.386

10p ordinary

Purchase

2,285

3.63

10p ordinary

Purchase

2,317

3.516

10p ordinary

Purchase

2,348

3.41

10p ordinary

Purchase

2,393

3.384

10p ordinary

Purchase

2,582

3.612

10p ordinary

Purchase

2,639

3.672

10p ordinary

Purchase

2,950

3.632

10p ordinary

Purchase

3,024

3.426

10p ordinary

Purchase

3,076

3.602

10p ordinary

Purchase

3,748

3.68

10p ordinary

Purchase

3,873

3.632

10p ordinary

Purchase

28,654

3.42

10p ordinary

Sale

404

3.688

10p ordinary

Sale

493

3.686

10p ordinary

Sale

10,000

3.54

10p ordinary

Sale

881

3.686

10p ordinary

Sale

793

3.606

10p ordinary

Sale

1,546

3.56

10p ordinary

Sale

2,091

3.7

10p ordinary

Sale

174

3.714

10p ordinary

Sale

206

3.462

10p ordinary

Sale

298

3.612

10p ordinary

Sale

300

3.714

10p ordinary

Sale

580

3.414

10p ordinary

Sale

681

3.414

10p ordinary

Sale

871

3.462

10p ordinary

Sale

1,128

3.706

10p ordinary

Sale

1,160

3.706

10p ordinary

Sale

1,177

3.656

10p ordinary

Sale

1,196

3.596

10p ordinary

Sale

1,261

3.412

10p ordinary

Sale

1,261

3.416

10p ordinary

Sale

1,261

3.418

10p ordinary

Sale

1,282

3.362

10p ordinary

Sale

1,308

3.612

10p ordinary

Sale

1,394

3.56

10p ordinary

Sale

1,624

3.578

10p ordinary

Sale

1,624

3.59

10p ordinary

Sale

1,627

3.566

10p ordinary

Sale

1,630

3.56

10p ordinary

Sale

1,635

3.554

10p ordinary

Sale

1,645

3.534

10p ordinary

Sale

1,696

3.43

10p ordinary

Sale

1,702

3.416

10p ordinary

Sale

1,719

3.386

10p ordinary

Sale

1,851

3.6

10p ordinary

Sale

4

3.672

10p ordinary

Sale

12,377

3.58

10p ordinary

Sale

25,842

3.58

10p ordinary

Sale

1,285

3.67

10p ordinary

Sale

1,285

3.67

                                                                                           

(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

666

3.602

10p ordinary

CFD

Increasing a short position

1,112

3.602

10p ordinary

CFD

Increasing a short position

770

3.358

10p ordinary

CFD

Increasing a short position

5,000

3.462

10p ordinary

CFD

Increasing a short position

2,218

3.358

10p ordinary

CFD

Increasing a short position

2,012

3.358

10p ordinary

CFD

Reducing a short position

404

3.688

10p ordinary

CFD

Reducing a short position

493

3.686

10p ordinary

CFD

Reducing a short position

10,000

3.54

10p ordinary

CFD

Reducing a short position

881

3.686

 

(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:

08/05/2024

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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