Source - LSE Regulatory
RNS Number : 2679X
Societe Generale SA
22 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

19/07/2024

(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:

25,553,919

1.85

320,565

0.02

(2)  Cash-settled derivatives:

 

228,524

0.02

2,154,571

0.16

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

0

0.00

0

0.00

TOTAL:

25,782,443

1.87

2,475,136

0.18

    

 

 

 

 

 

 

 

 

 

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

10

4.478

10p ordinary

Purchase

2

4.476

10p ordinary

Purchase

22

4.474

10p ordinary

Purchase

1,129

4.478

10p ordinary

Purchase

1,322

4.438

10p ordinary

Purchase

1,332

4.438

10p ordinary

Purchase

5,555

4.44

10p ordinary

Purchase

7,982

4.438

10p ordinary

Purchase

83

4.408

10p ordinary

Purchase

714

4.414

10p ordinary

Purchase

2,055

4.474

10p ordinary

Purchase

12,415

4.474

10p ordinary

Purchase

9,654

4.474

10p ordinary

Purchase

1,080

4.474

10p ordinary

Purchase

20

4.43

10p ordinary

Purchase

39

4.426

10p ordinary

Purchase

39

4.426

10p ordinary

Purchase

40

4.42

10p ordinary

Purchase

40

4.42

10p ordinary

Purchase

40

4.42

10p ordinary

Purchase

40

4.42

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.422

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.424

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.426

10p ordinary

Purchase

40

4.428

10p ordinary

Purchase

40

4.428

10p ordinary

Purchase

40

4.428

10p ordinary

Purchase

40

4.428

10p ordinary

Purchase

40

4.428

10p ordinary

Purchase

40

4.428

10p ordinary

Purchase

40

4.43

10p ordinary

Purchase

52

4.42

10p ordinary

Purchase

52

4.42

10p ordinary

Purchase

59

4.422

10p ordinary

Purchase

59

4.422

10p ordinary

Purchase

59

4.422

10p ordinary

Purchase

59

4.422

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.424

10p ordinary

Purchase

59

4.426

10p ordinary

Purchase

59

4.426

10p ordinary

Purchase

59

4.426

10p ordinary

Purchase

59

4.426

10p ordinary

Purchase

59

4.426

10p ordinary

Purchase

59

4.428

10p ordinary

Purchase

59

4.428

10p ordinary

Purchase

59

4.428

10p ordinary

Purchase

59

4.43

10p ordinary

Purchase

59

4.43

10p ordinary

Purchase

60

4.422

10p ordinary

Purchase

60

4.422

10p ordinary

Purchase

60

4.422

10p ordinary

Purchase

60

4.422

10p ordinary

Purchase

60

4.422

10p ordinary

Purchase

60

4.422

10p ordinary

Purchase

60

4.422

10p ordinary

Purchase

60

4.422

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.424

10p ordinary

Purchase

60

4.426

10p ordinary

Purchase

60

4.426

10p ordinary

Purchase

60

4.426

10p ordinary

Purchase

60

4.426

10p ordinary

Purchase

60

4.426

10p ordinary

Purchase

60

4.426

10p ordinary

Purchase

60

4.426

10p ordinary

Purchase

60

4.426

10p ordinary

Purchase

60

4.426

10p ordinary

Purchase

60

4.426

10p ordinary

Purchase

60

4.428

10p ordinary

Purchase

60

4.428

10p ordinary

Purchase

60

4.428

10p ordinary

Purchase

60

4.428

10p ordinary

Purchase

60

4.428

10p ordinary

Purchase

60

4.428

10p ordinary

Purchase

60

4.43

10p ordinary

Purchase

60

4.43

10p ordinary

Purchase

60

4.43

10p ordinary

Purchase

77

4.422

10p ordinary

Purchase

77

4.422

10p ordinary

Sale

1,632

4.41

10p ordinary

Sale

2,784

4.41

10p ordinary

Sale

2,784

4.41

10p ordinary

Sale

2,784

4.41

10p ordinary

Sale

2,784

4.41

10p ordinary

Sale

2,784

4.474

10p ordinary

Sale

3,668

4.41

10p ordinary

Sale

5,568

4.41

10p ordinary

Sale

5,568

4.41

10p ordinary

Sale

5,568

4.474

10p ordinary

Sale

5,568

4.474

10p ordinary

Sale

5,568

4.474

10p ordinary

Sale

5,835

4.41

10p ordinary

Sale

547

4.464

10p ordinary

Sale

578

4.424

10p ordinary

Sale

1,186

4.454

10p ordinary

Sale

528

4.428

10p ordinary

Sale

632

4.424

10p ordinary

Sale

3

4.454

10p ordinary

Sale

3

4.47

10p ordinary

Sale

9

4.47

10p ordinary

Sale

10

4.47

10p ordinary

Sale

20

4.47

10p ordinary

Sale

30

4.47

10p ordinary

Sale

30

4.47

10p ordinary

Sale

30

4.47

10p ordinary

Sale

30

4.47

10p ordinary

Sale

30

4.47

10p ordinary

Sale

30

4.47

10p ordinary

Sale

30

4.47

10p ordinary

Sale

31

4.436

10p ordinary

Sale

40

4.47

10p ordinary

Sale

40

4.47

10p ordinary

Sale

40

4.47

10p ordinary

Sale

40

4.47

10p ordinary

Sale

54

4.466

10p ordinary

Sale

108

4.454

10p ordinary

Sale

118

4.474

10p ordinary

Sale

161

4.44

10p ordinary

Sale

185

4.466

10p ordinary

Sale

210

4.468

10p ordinary

Sale

215

4.444

10p ordinary

Sale

228

4.402

10p ordinary

Sale

271

4.402

10p ordinary

Sale

301

4.426

10p ordinary

Sale

336

4.474

10p ordinary

Sale

347

4.474

10p ordinary

Sale

366

4.436

10p ordinary

Sale

416

4.47

10p ordinary

Sale

443

4.466

10p ordinary

Sale

466

4.472

10p ordinary

Sale

468

4.476

10p ordinary

Sale

492

4.436

10p ordinary

Sale

546

4.464

10p ordinary

Sale

550

4.474

10p ordinary

Sale

560

4.476

10p ordinary

Sale

629

4.47

10p ordinary

Sale

661

4.472

10p ordinary

Sale

683

4.468

10p ordinary

Sale

725

4.474

10p ordinary

Sale

772

4.436

10p ordinary

Sale

778

4.466

10p ordinary

Sale

778

4.476

10p ordinary

Sale

807

4.472

10p ordinary

Sale

843

4.426

10p ordinary

Sale

857

4.47

10p ordinary

Sale

862

4.47

10p ordinary

Sale

956

4.476

10p ordinary

Sale

1,021

4.402

10p ordinary

Sale

1,118

4.444

10p ordinary

Sale

1,131

4.474

10p ordinary

Sale

1,132

4.472

10p ordinary

Sale

1,132

4.476

10p ordinary

Sale

1,133

4.47

10p ordinary

Sale

1,142

4.438

10p ordinary

Sale

1,144

4.42

10p ordinary

Sale

1,144

4.42

10p ordinary

Sale

1,144

4.44

10p ordinary

Sale

1,148

4.402

10p ordinary

Sale

1,148

4.408

10p ordinary

Sale

1,149

4.4

10p ordinary

Sale

1,149

4.402

10p ordinary

Sale

1,149

4.404

10p ordinary

Sale

1,150

4.398

10p ordinary

Sale

1,150

4.402

10p ordinary

Sale

1,166

4.454

10p ordinary

Sale

1,272

4.478

10p ordinary

Sale

1,273

4.472

10p ordinary

Sale

1,273

4.472

10p ordinary

Sale

1,273

4.472

10p ordinary

Sale

1,282

4.438

10p ordinary

Sale

1,283

4.436

10p ordinary

Sale

1,283

4.438

10p ordinary

Sale

1,285

4.43

10p ordinary

Sale

1,286

4.426

10p ordinary

Sale

1,286

4.426

10p ordinary

Sale

1,286

4.426

10p ordinary

Sale

1,286

4.426

10p ordinary

Sale

1,286

4.428

10p ordinary

Sale

1,287

4.422

10p ordinary

Sale

1,291

4.406

10p ordinary

Sale

1,291

4.406

10p ordinary

Sale

1,291

4.408

10p ordinary

Sale

1,292

4.402

10p ordinary

Sale

1,292

4.404

10p ordinary

Sale

1,293

4.398

10p ordinary

Sale

1,294

4.402

10p ordinary

Sale

1,306

4.47

10p ordinary

Sale

1,340

4.476

10p ordinary

Sale

1,340

4.476

10p ordinary

Sale

1,340

4.478

10p ordinary

Sale

1,351

4.47

10p ordinary

Sale

1,618

4.422

10p ordinary

Sale

2,553

4.416

10p ordinary

Sale

2,739

4.474

10p ordinary

Sale

3,549

4.474

10p ordinary

Sale

3,554

4.418

10p ordinary

Sale

5,227

4.474

10p ordinary

Sale

5,313

4.43

10p ordinary

Sale

15,000

4.416

10p ordinary

Sale

1,372

4.474

10p ordinary

Sale

1,418

4.474

10p ordinary

Sale

2,325

4.474

10p ordinary

Sale

2,444

4.474

10p ordinary

Sale

4,185

4.474

10p ordinary

Sale

4,299

4.474

10p ordinary

Sale

22,561

4.474

10p ordinary

Sale

34,787

4.474

10p ordinary

Sale

11,301

4.47407

10p ordinary

Sale

1,134

4.42

10p ordinary

Sale

641

4.416

10p ordinary

Sale

767

4.406

10p ordinary

Sale

767

4.41

10p ordinary

Sale

113

4.418

10p ordinary

Sale

714

4.414

10p ordinary

Sale

192

4.41

10p ordinary

Sale

83

4.408

10p ordinary

Sale

767

4.404

10p ordinary

Sale

767

4.404

10p ordinary

Sale

767

4.404

10p ordinary

Sale

767

4.412

                                                                                           

(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

10

4.478

10p ordinary

CFD

Reducing a long position

2

4.476

10p ordinary

CFD

Reducing a long position

22

4.474

 

(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:

22/07/2024

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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