National Storage Mechanism | Additional information
RNS Number : 4800U
Societe Generale SA
23 January 2025
 

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

International Paper Company

(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

22/01/2025

(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: Smith (DS) plc

 

 

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:

 

common stock

 

 

Interests

Short positions

Number

%

Number

%

(1)  Relevant securities owned and/or controlled:

266,496

0.08

191,489

0.06

(2)  Cash-settled derivatives:

 

34,519

0.01

11,163

0.00

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

0

0.00

0

0.00

TOTAL:

301,015

0.09

202,652

0.06

 

 

 

 

 

               

 

 

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

EUR

common stock

Purchase

388

55.75

common stock

Purchase

2

55.93

common stock

Purchase

5

55.869

Class of relevant security

Purchase/sale

Number of securities

Price per unit

USD

common stock

Purchase

26

58.18

common stock

Purchase

400

58.19

common stock

Purchase

39

58.25

common stock

Purchase

100

58.06

common stock

Purchase

100

58.13

common stock

Purchase

100

58.15

common stock

Purchase

200

58.08

common stock

Purchase

21

58.06

common stock

Purchase

79

58.06

common stock

Purchase

100

58.07

common stock

Purchase

100

58.1

common stock

Purchase

100

58.14

common stock

Purchase

3

58.17

common stock

Purchase

48

58.23

common stock

Purchase

52

58.23

common stock

Purchase

97

58.17

common stock

Purchase

100

57.99

common stock

Purchase

100

58.02

common stock

Purchase

100

58.09

common stock

Purchase

100

58.11

common stock

Purchase

100

58.12

common stock

Purchase

100

58.13

common stock

Purchase

100

58.18

common stock

Purchase

100

58.22

common stock

Purchase

200

58.14

common stock

Purchase

18

57.99

common stock

Purchase

1,715

58.19

common stock

Purchase

11

58.34

common stock

Purchase

2,244

58.19

common stock

Purchase

300

58.18

common stock

Purchase

71

58.19

common stock

Purchase

400

58.19

common stock

Purchase

100

58.2

common stock

Purchase

100

58.23

common stock

Purchase

100

58.27

common stock

Purchase

700

58.2

common stock

Purchase

100

58.11

common stock

Purchase

20

58.2

common stock

Purchase

2

58.2

common stock

Purchase

5

58.2

common stock

Sale

100

58.29

common stock

Sale

25

58.3

common stock

Sale

95

58.29

common stock

Sale

100

58.285

common stock

Sale

100

58.28

common stock

Sale

100

58.28

common stock

Sale

9

58.1

common stock

Sale

19

58.29

common stock

Sale

21

58.17

common stock

Sale

22

58.22

common stock

Sale

22

58.28

common stock

Sale

23

58.11

common stock

Sale

23

58.17

common stock

Sale

45

58.23

common stock

Sale

55

58.23

common stock

Sale

56

58.17

common stock

Sale

77

58.11

common stock

Sale

78

58.22

common stock

Sale

78

58.28

common stock

Sale

81

58.29

common stock

Sale

91

58.1

common stock

Sale

100

57.93

common stock

Sale

100

57.95

common stock

Sale

100

57.96

common stock

Sale

100

58.04

common stock

Sale

100

58.05

common stock

Sale

100

58.06

common stock

Sale

100

58.08

common stock

Sale

100

58.12

common stock

Sale

100

58.14

common stock

Sale

100

58.14

common stock

Sale

100

58.15

common stock

Sale

100

58.17

common stock

Sale

100

58.22

common stock

Sale

100

58.22

common stock

Sale

100

58.23

common stock

Sale

100

58.23

common stock

Sale

100

58.25

common stock

Sale

100

58.26

common stock

Sale

100

58.26

common stock

Sale

100

58.29

common stock

Sale

100

58.29

common stock

Sale

100

58.3

common stock

Sale

100

58.33

common stock

Sale

100

58.35

common stock

Sale

21

58.29

common stock

Sale

21

58.28

common stock

Sale

10

58.26

common stock

Sale

15

58.32

common stock

Sale

400

58.19

common stock

Sale

1

58.11

common stock

Sale

1

58.28

common stock

Sale

2

58.08

common stock

Sale

4

58.08

common stock

Sale

5

58.28

common stock

Sale

7

58.245

common stock

Sale

22

58.28

common stock

Sale

27

58.25

common stock

Sale

29

58.12

common stock

Sale

35

58.245

common stock

Sale

35

58.25

common stock

Sale

39

58.08

common stock

Sale

45

58.07

common stock

Sale

45

58.11

common stock

Sale

51

58.14

common stock

Sale

54

58.32

common stock

Sale

58

58.39

common stock

Sale

60

58.25

common stock

Sale

65

58.24

common stock

Sale

65

58.245

common stock

Sale

83

57.86

common stock

Sale

83

58.02

common stock

Sale

83

58.04

common stock

Sale

95

58.28

common stock

Sale

96

58.29

common stock

Sale

100

57.98

common stock

Sale

100

58.03

common stock

Sale

100

58.12

common stock

Sale

100

58.24

common stock

Sale

100

58.24

common stock

Sale

100

58.245

common stock

Sale

100

58.245

common stock

Sale

100

58.25

common stock

Sale

100

58.25

common stock

Sale

100

58.27

common stock

Sale

100

58.28

common stock

Sale

100

58.28

common stock

Sale

100

58.28

common stock

Sale

100

58.28

common stock

Sale

100

58.29

common stock

Sale

100

58.29

common stock

Sale

100

58.29

common stock

Sale

100

58.31

common stock

Sale

213

58.24

common stock

Sale

62

58.33

common stock

Sale

517

58.16795

common stock

Sale

2

58.34

common stock

Sale

49

58.34

common stock

Sale

51

58.34

common stock

Sale

51

58.34

common stock

Sale

51

58.34

 

 

 

(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 USD

common stock

CFD

Reducing a long position

18

57.99

common stock

CFD

Reducing a short position

9

58.1

common stock

CFD

Reducing a short position

19

58.29

common stock

CFD

Reducing a short position

21

58.17

common stock

CFD

Reducing a short position

22

58.22

common stock

CFD

Reducing a short position

22

58.28

common stock

CFD

Reducing a short position

23

58.11

common stock

CFD

Reducing a short position

23

58.17

common stock

CFD

Reducing a short position

45

58.23

common stock

CFD

Reducing a short position

55

58.23

common stock

CFD

Reducing a short position

56

58.17

common stock

CFD

Reducing a short position

77

58.11

common stock

CFD

Reducing a short position

78

58.22

common stock

CFD

Reducing a short position

78

58.28

common stock

CFD

Reducing a short position

81

58.29

common stock

CFD

Reducing a short position

91

58.1

common stock

CFD

Reducing a short position

100

57.93

common stock

CFD

Reducing a short position

100

57.95

common stock

CFD

Reducing a short position

100

57.96

common stock

CFD

Reducing a short position

100

58.04

common stock

CFD

Reducing a short position

100

58.05

common stock

CFD

Reducing a short position

100

58.06

common stock

CFD

Reducing a short position

100

58.08

common stock

CFD

Reducing a short position

100

58.12

common stock

CFD

Reducing a short position

100

58.14

common stock

CFD

Reducing a short position

100

58.14

common stock

CFD

Reducing a short position

100

58.15

common stock

CFD

Reducing a short position

100

58.17

common stock

CFD

Reducing a short position

100

58.22

common stock

CFD

Reducing a short position

100

58.22

common stock

CFD

Reducing a short position

100

58.23

common stock

CFD

Reducing a short position

100

58.23

common stock

CFD

Reducing a short position

100

58.25

common stock

CFD

Reducing a short position

100

58.26

common stock

CFD

Reducing a short position

100

58.26

common stock

CFD

Reducing a short position

100

58.29

common stock

CFD

Reducing a short position

100

58.29

common stock

CFD

Reducing a short position

100

58.3

common stock

CFD

Reducing a short position

100

58.33

common stock

CFD

Reducing a short position

100

58.35

               

 

 

(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

 

(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:

23/01/2025

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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