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DS Smith PLC

Form 8.3 - Smith (DS) plc

Source: RNS
RNS Number : 6842E
Societe Generale SA
18 September 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

17/09/2024

(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:

17,014,641

1.23

248,208

0.02

(2)  Cash-settled derivatives:

 

75,224

0.01

2,010,595

0.15

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

0

0.00

0

0.00

TOTAL:

17,089,865

1.24

2,258,803

0.16

    

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

176

4.78

10p ordinary

Purchase

41

4.783

10p ordinary

Purchase

41

4.784

10p ordinary

Purchase

89

4.78

10p ordinary

Purchase

20

4.78

10p ordinary

Purchase

42

4.78

10p ordinary

Purchase

68

4.784

10p ordinary

Purchase

75

4.78

10p ordinary

Purchase

36

4.78

10p ordinary

Purchase

36

4.78

10p ordinary

Purchase

27

4.78

10p ordinary

Purchase

41

4.78

10p ordinary

Purchase

41

4.78

10p ordinary

Purchase

395

4.788

10p ordinary

Purchase

590

4.786

10p ordinary

Purchase

800

4.786

10p ordinary

Purchase

995

4.788

10p ordinary

Purchase

1,390

4.784

10p ordinary

Purchase

5,561

4.784

10p ordinary

Purchase

5,561

4.784

10p ordinary

Purchase

379

4.786

10p ordinary

Purchase

520

4.804

10p ordinary

Purchase

525

4.786

10p ordinary

Purchase

637

4.764

10p ordinary

Purchase

667

4.774

10p ordinary

Purchase

1,019

4.804

10p ordinary

Purchase

1,536

4.804

10p ordinary

Purchase

115

4.808

10p ordinary

Purchase

156

4.764

10p ordinary

Purchase

252

4.772

10p ordinary

Purchase

532

4.78

10p ordinary

Purchase

631

4.772

10p ordinary

Purchase

658

4.78

10p ordinary

Purchase

707

4.756

10p ordinary

Purchase

712

4.828

10p ordinary

Purchase

779

4.808

10p ordinary

Purchase

875

4.814

10p ordinary

Purchase

875

4.816

10p ordinary

Purchase

876

4.804

10p ordinary

Purchase

876

4.81

10p ordinary

Purchase

877

4.802

10p ordinary

Purchase

877

4.806

10p ordinary

Purchase

877

4.808

10p ordinary

Purchase

879

4.786

10p ordinary

Purchase

879

4.794

10p ordinary

Purchase

880

4.784

10p ordinary

Purchase

880

4.788

10p ordinary

Purchase

882

4.774

10p ordinary

Purchase

882

4.778

10p ordinary

Purchase

883

4.774

10p ordinary

Purchase

884

4.76

10p ordinary

Purchase

884

4.764

10p ordinary

Purchase

884

4.766

10p ordinary

Purchase

885

4.758

10p ordinary

Purchase

885

4.762

10p ordinary

Purchase

885

4.764

10p ordinary

Purchase

890

4.792

10p ordinary

Purchase

906

4.764

10p ordinary

Purchase

1,000

4.762

10p ordinary

Purchase

1,007

4.792

10p ordinary

Purchase

1,021

4.81

10p ordinary

Purchase

1,040

4.762

10p ordinary

Purchase

1,051

4.814

10p ordinary

Purchase

1,056

4.788

10p ordinary

Purchase

1,058

4.774

10p ordinary

Purchase

1,095

4.8

10p ordinary

Purchase

1,142

4.812

10p ordinary

Purchase

1,183

4.808

10p ordinary

Purchase

1,189

4.786

10p ordinary

Purchase

1,190

4.786

10p ordinary

Purchase

1,191

4.774

10p ordinary

Purchase

1,191

4.776

10p ordinary

Purchase

1,191

4.776

10p ordinary

Purchase

1,191

4.784

10p ordinary

Purchase

1,217

4.8

10p ordinary

Purchase

1,276

4.81

10p ordinary

Purchase

1,297

4.804

10p ordinary

Purchase

1,300

4.796

10p ordinary

Purchase

1,300

4.798

10p ordinary

Purchase

1,300

4.8

10p ordinary

Purchase

1,300

4.814

10p ordinary

Purchase

1,301

4.808

10p ordinary

Purchase

1,301

4.81

10p ordinary

Purchase

1,306

4.798

10p ordinary

Purchase

1,310

4.808

10p ordinary

Purchase

1,311

4.808

10p ordinary

Purchase

1,316

4.824

10p ordinary

Purchase

1,342

4.786

10p ordinary

Purchase

1,373

4.818

10p ordinary

Purchase

1,374

4.818

10p ordinary

Purchase

1,411

4.82

10p ordinary

Purchase

1,425

4.822

10p ordinary

Purchase

1,435

4.83

10p ordinary

Purchase

1,436

4.832

10p ordinary

Purchase

1,589

4.794

10p ordinary

Purchase

1,593

4.792

10p ordinary

Purchase

1,660

4.82

10p ordinary

Purchase

1,661

4.8

10p ordinary

Purchase

1,665

4.81

10p ordinary

Purchase

1,671

4.81

10p ordinary

Purchase

1,678

4.808

10p ordinary

Purchase

1,700

4.812

10p ordinary

Purchase

1,748

4.796

10p ordinary

Purchase

1,847

4.784

10p ordinary

Purchase

1,998

4.79

10p ordinary

Purchase

2,170

4.79

10p ordinary

Purchase

4,562

4.81

10p ordinary

Purchase

14,312

4.822

10p ordinary

Purchase

29,315

4.82

10p ordinary

Purchase

153

4.8

10p ordinary

Purchase

966

4.784

10p ordinary

Purchase

10,446

4.784

10p ordinary

Purchase

304

4.78378

10p ordinary

Sale

55,373

4.784

10p ordinary

Sale

38

4.8

10p ordinary

Sale

16

4.802

10p ordinary

Sale

53

4.802

10p ordinary

Sale

38

4.802

10p ordinary

Sale

38

4.8

10p ordinary

Sale

38

4.804

10p ordinary

Sale

89

4.798

10p ordinary

Sale

38

4.8

10p ordinary

Sale

39

4.8

10p ordinary

Sale

105

4.784

10p ordinary

Sale

10

4.824

10p ordinary

Sale

15

4.816

10p ordinary

Sale

246

4.834

10p ordinary

Sale

296

4.814

10p ordinary

Sale

393

4.834

10p ordinary

Sale

443

4.82

10p ordinary

Sale

449

4.816

10p ordinary

Sale

449

4.816

10p ordinary

Sale

450

4.816

10p ordinary

Sale

451

4.824

10p ordinary

Sale

486

4.824

10p ordinary

Sale

581

4.826

10p ordinary

Sale

687

4.816

10p ordinary

Sale

731

4.824

10p ordinary

Sale

978

4.816

10p ordinary

Sale

1,000

4.818

10p ordinary

Sale

1,187

4.81

10p ordinary

Sale

1,332

4.816

10p ordinary

Sale

1,436

4.814

10p ordinary

Sale

1,492

4.826

10p ordinary

Sale

2,156

4.816

10p ordinary

Sale

4,447

4.816

10p ordinary

Sale

589

4.826

10p ordinary

Sale

435

4.816

10p ordinary

Sale

33

4.81

10p ordinary

Sale

33

4.816

10p ordinary

Sale

154

4.816

10p ordinary

Sale

489

4.81

10p ordinary

Sale

4

4.808

10p ordinary

Sale

75

4.828

10p ordinary

Sale

84

4.814

10p ordinary

Sale

101

4.834

10p ordinary

Sale

141

4.806

10p ordinary

Sale

200

4.814

10p ordinary

Sale

220

4.824

10p ordinary

Sale

258

4.824

10p ordinary

Sale

481

4.808

10p ordinary

Sale

702

4.808

10p ordinary

Sale

778

4.828

10p ordinary

Sale

785

4.814

10p ordinary

Sale

873

4.824

10p ordinary

Sale

874

4.824

10p ordinary

Sale

878

4.808

10p ordinary

Sale

878

4.81

10p ordinary

Sale

879

4.796

10p ordinary

Sale

879

4.798

10p ordinary

Sale

879

4.8

10p ordinary

Sale

879

4.802

10p ordinary

Sale

883

4.786

10p ordinary

Sale

883

4.788

10p ordinary

Sale

883

4.79

10p ordinary

Sale

885

4.768

10p ordinary

Sale

885

4.77

10p ordinary

Sale

980

4.834

10p ordinary

Sale

1,022

4.788

10p ordinary

Sale

1,043

4.806

10p ordinary

Sale

1,054

4.802

10p ordinary

Sale

1,054

4.804

10p ordinary

Sale

1,055

4.802

10p ordinary

Sale

1,059

4.78

10p ordinary

Sale

1,146

4.816

10p ordinary

Sale

1,181

4.816

10p ordinary

Sale

1,183

4.808

10p ordinary

Sale

1,186

4.802

10p ordinary

Sale

1,186

4.802

10p ordinary

Sale

1,186

4.804

10p ordinary

Sale

1,187

4.794

10p ordinary

Sale

1,187

4.796

10p ordinary

Sale

1,190

4.786

10p ordinary

Sale

1,191

4.784

10p ordinary

Sale

6,701

4.784

10p ordinary

Sale

7,929

4.784

10p ordinary

Sale

14,061

4.784

10p ordinary

Sale

14,379

4.784

10p ordinary

Sale

336

4.7813

10p ordinary

Sale

198

4.784

10p ordinary

Sale

264

4.784

10p ordinary

Sale

364

4.784

10p ordinary

Sale

364

4.784

10p ordinary

Sale

364

4.784

10p ordinary

Sale

2,653

4.784

10p ordinary

Sale

2,781

4.784

10p ordinary

Sale

5,794

4.784

10p ordinary

Sale

6,057

4.784

10p ordinary

Sale

6,983

4.784

10p ordinary

Sale

14,023

4.784

10p ordinary

Sale

15

4.76

10p ordinary

Sale

166

4.76

10p ordinary

Sale

127

4.76

10p ordinary

Sale

166

4.76

10p ordinary

Sale

640

4.76

10p ordinary

Sale

166

4.76

10p ordinary

Sale

6,906,690

4.76

10p ordinary

Sale

10,446

4.784

10p ordinary

Sale

966

4.784

 

                                                                                           

(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 short position

55,373

4.784

10p ordinary

CFD

Increasing a long position

492

4.796247935

10p ordinary

CFD

Reducing a long position

665

4.781148644

10p ordinary

CFD

Reducing a long position

68

4.7854352

 

(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:

18/09/2024
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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