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DS Smith PLC

Form 8.3 - Smith (DS) plc

Source: RNS
RNS Number : 6408X
Societe Generale SA
24 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

23/07/2024

(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:

25,396,481

1.84

220,162

0.02

(2)  Cash-settled derivatives:

 

259,921

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:

25,656,402

1.86

2,374,733

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

148

4.494

10p ordinary

Purchase

171

4.466

10p ordinary

Purchase

22

4.476

10p ordinary

Purchase

106

4.462

10p ordinary

Purchase

171

4.476

10p ordinary

Purchase

94

4.476

10p ordinary

Purchase

94

4.468

10p ordinary

Purchase

171

4.48

10p ordinary

Purchase

464

4.494

10p ordinary

Purchase

93

4.484

10p ordinary

Purchase

2,754

4.46

10p ordinary

Purchase

42

4.476

10p ordinary

Purchase

93

4.49

10p ordinary

Purchase

94

4.478

10p ordinary

Purchase

93

4.488

10p ordinary

Purchase

94

4.468

10p ordinary

Purchase

94

4.462

10p ordinary

Purchase

351

4.494

10p ordinary

Purchase

93

4.486

10p ordinary

Purchase

94

4.456

10p ordinary

Purchase

121

4.488

10p ordinary

Purchase

28

4.484

10p ordinary

Purchase

94

4.474

10p ordinary

Purchase

171

4.476

10p ordinary

Purchase

153

4.49

10p ordinary

Purchase

208

4.468

10p ordinary

Purchase

94

4.474

10p ordinary

Purchase

94

4.478

10p ordinary

Purchase

231

4.484

10p ordinary

Purchase

115

4.486

10p ordinary

Purchase

93

4.492

10p ordinary

Purchase

94

4.46

10p ordinary

Purchase

94

4.474

10p ordinary

Purchase

2,784

4.46

10p ordinary

Purchase

512

4.502

10p ordinary

Purchase

430

4.496

10p ordinary

Purchase

694

4.496

10p ordinary

Purchase

940

4.466

10p ordinary

Purchase

1,065

4.49

10p ordinary

Purchase

1,122

4.498

10p ordinary

Purchase

1,122

4.502

10p ordinary

Purchase

1,123

4.498

10p ordinary

Purchase

1,124

4.494

10p ordinary

Purchase

1,124

4.494

10p ordinary

Purchase

1,124

4.496

10p ordinary

Purchase

1,125

4.486

10p ordinary

Purchase

1,125

4.492

10p ordinary

Purchase

1,125

4.492

10p ordinary

Purchase

1,125

4.492

10p ordinary

Purchase

1,126

4.486

10p ordinary

Purchase

1,126

4.488

10p ordinary

Purchase

1,126

4.49

10p ordinary

Purchase

1,127

4.484

10p ordinary

Purchase

1,127

4.484

10p ordinary

Purchase

1,265

4.484

10p ordinary

Purchase

1,266

4.482

10p ordinary

Purchase

1,267

4.49

10p ordinary

Purchase

1,269

4.472

10p ordinary

Purchase

1,270

4.468

10p ordinary

Purchase

1,684

4.5

10p ordinary

Purchase

1,711

4.5

10p ordinary

Purchase

41,036

4.5

10p ordinary

Purchase

1,962

4.46

10p ordinary

Purchase

2,333

4.46

10p ordinary

Purchase

2,339

4.46

10p ordinary

Purchase

5,294

4.46

10p ordinary

Purchase

10,190

4.46

10p ordinary

Purchase

15,084

4.46

10p ordinary

Purchase

20,537

4.46

10p ordinary

Purchase

3,029

4.46

10p ordinary

Purchase

31,405

4.46

10p ordinary

Sale

16,718

4.46283

10p ordinary

Sale

348

4.46

10p ordinary

Sale

1,176

4.46

10p ordinary

Sale

1,608

4.46

10p ordinary

Sale

1,787

4.46

10p ordinary

Sale

2,784

4.46

10p ordinary

Sale

4,632

4.46

10p ordinary

Sale

5,220

4.46

10p ordinary

Sale

5,568

4.46

10p ordinary

Sale

6,503

4.46

10p ordinary

Sale

9,348

4.46

10p ordinary

Sale

622

4.496

10p ordinary

Sale

742

4.496

10p ordinary

Sale

52

4.496

10p ordinary

Sale

124

4.496

10p ordinary

Sale

258

4.494

10p ordinary

Sale

498

4.496

10p ordinary

Sale

654

4.496

10p ordinary

Sale

935

4.494

10p ordinary

Sale

1,123

4.506

10p ordinary

Sale

1,124

4.5

10p ordinary

Sale

1,130

4.48

10p ordinary

Sale

1,130

4.482

10p ordinary

Sale

1,130

4.484

10p ordinary

Sale

1,130

4.486

10p ordinary

Sale

1,809

4.496

10p ordinary

Sale

42,842

4.46

10p ordinary

Sale

22

4.476

10p ordinary

Sale

3,029

4.46

10p ordinary

Sale

31,405

4.46

                                                                                           

(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

16,718

4.46283048

10p ordinary

CFD

Reducing a long position

6,926

4.473075712

 

(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:

24/07/2024
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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