National Storage Mechanism | Additional information
RNS Number : 9635U
Societe Generale SA
28 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

27/01/2025

(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:

275,732

0.08

201,447

0.06

(2)  Cash-settled derivatives:

 

45,372

0.01

18,457

0.01

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

0

0.00

0

0.00

TOTAL:

321,104

0.09

219,904

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

USD

common stock

Purchase

500

59.29

common stock

Purchase

2

58.91

common stock

Purchase

17

59.05

common stock

Purchase

76

59.48

common stock

Purchase

96

59.48

common stock

Purchase

223

59.48

common stock

Purchase

2,514

59.29

common stock

Purchase

23

59.56

common stock

Purchase

19

59.56

common stock

Purchase

8

59.67

common stock

Purchase

43

59.85

common stock

Purchase

13

59.64

common stock

Purchase

7

59.55

common stock

Purchase

21

59.82

common stock

Purchase

23

59.82

common stock

Purchase

12

59.46

common stock

Purchase

6

59.85

common stock

Purchase

12

59.845

common stock

Purchase

100

59.29

common stock

Purchase

1

59.57

common stock

Purchase

4

59.59

common stock

Purchase

5

59.02

common stock

Purchase

5

59.16

common stock

Purchase

6

59.22

common stock

Purchase

7

58.94

common stock

Purchase

7

58.94

common stock

Purchase

7

59.41

common stock

Purchase

8

59.09

common stock

Purchase

8

59.3

common stock

Purchase

8

59.41

common stock

Purchase

8

59.59

common stock

Purchase

8

59.63

common stock

Purchase

12

59.66

common stock

Purchase

13

59.3

common stock

Purchase

14

58.94

common stock

Purchase

14

58.99

common stock

Purchase

15

59.13

common stock

Purchase

17

59.05

common stock

Purchase

17

59.22

common stock

Purchase

19

59.07

common stock

Purchase

21

59.07

common stock

Purchase

21

59.41

common stock

Purchase

26

59.59

common stock

Purchase

27

59.09

common stock

Purchase

29

59.57

common stock

Purchase

30

58.78

common stock

Purchase

32

59.54

common stock

Purchase

35

59.2

common stock

Purchase

35

59.51

common stock

Purchase

35

59.57

common stock

Purchase

35

59.6

common stock

Purchase

40

59.53

common stock

Purchase

41

59.22

common stock

Purchase

41

59.31

common stock

Purchase

49

59.57

common stock

Purchase

50

59.52

common stock

Purchase

50

59.54

common stock

Purchase

50

59.56

common stock

Purchase

50

59.56

common stock

Purchase

52

58.94

common stock

Purchase

54

59.61

common stock

Purchase

54

59.77

common stock

Purchase

57

58.99

common stock

Purchase

58

59.66

common stock

Purchase

59

59.05

common stock

Purchase

61

58.94

common stock

Purchase

62

59.58

common stock

Purchase

64

58.97

common stock

Purchase

65

59.02

common stock

Purchase

65

59.09

common stock

Purchase

65

59.15

common stock

Purchase

69

58.99

common stock

Purchase

70

58.92

common stock

Purchase

70

59.54

common stock

Purchase

71

58.9

common stock

Purchase

71

58.91

common stock

Purchase

71

59.57

common stock

Purchase

74

59.63

common stock

Purchase

75

59.41

common stock

Purchase

76

59.305

common stock

Purchase

77

59.58

common stock

Purchase

79

59.41

common stock

Purchase

80

59.02

common stock

Purchase

81

58.78

common stock

Purchase

81

60.02

common stock

Purchase

81

60.03

common stock

Purchase

81

60.11

common stock

Purchase

82

59.58

common stock

Purchase

82

59.9

common stock

Purchase

83

59.21

common stock

Purchase

91

59.16

common stock

Purchase

92

59.41

common stock

Purchase

93

59.41

common stock

Purchase

100

58.9

common stock

Purchase

100

58.97

common stock

Purchase

100

59.07

common stock

Purchase

100

59.11

common stock

Purchase

100

59.13

common stock

Purchase

100

59.13

common stock

Purchase

100

59.13

common stock

Purchase

100

59.14

common stock

Purchase

100

59.15

common stock

Purchase

100

59.16

common stock

Purchase

100

59.26

common stock

Purchase

100

59.26

common stock

Purchase

100

59.26

common stock

Purchase

100

59.33

common stock

Purchase

100

59.34

common stock

Purchase

100

59.5

common stock

Purchase

100

59.52

common stock

Purchase

100

59.535

common stock

Purchase

100

59.545

common stock

Purchase

100

59.56

common stock

Purchase

100

59.57

common stock

Purchase

100

59.57

common stock

Purchase

100

59.58

common stock

Purchase

100

59.65

common stock

Purchase

155

59.64

common stock

Purchase

200

58.91

common stock

Purchase

200

59.55

common stock

Purchase

200

59.61

common stock

Purchase

300

59.56

common stock

Purchase

389

58.78

common stock

Purchase

400

59.23

common stock

Purchase

82

59.3

common stock

Purchase

5

59.041

common stock

Purchase

12

59.75

common stock

Purchase

15

59.75

common stock

Purchase

100

59.75

common stock

Purchase

737

59.29

common stock

Purchase

205

59.68

common stock

Purchase

205

59.68

common stock

Purchase

21

60.01

Class of relevant security

Purchase/sale

Number of securities

Price per unit

EUR

common stock

Purchase

242

56.203

Class of relevant security

Purchase/sale

Number of securities

Price per unit

USD

common stock

Sale

20

58.97

common stock

Sale

100

59.06

common stock

Sale

100

58.91

common stock

Sale

2

58.95

common stock

Sale

15

59.94

common stock

Sale

100

59.21

common stock

Sale

100

59.32

common stock

Sale

100

59.6

common stock

Sale

100

59.62

common stock

Sale

100

59.95

common stock

Sale

100

60

common stock

Sale

100

60.02

common stock

Sale

65

59.28

common stock

Sale

35

59.285

common stock

Sale

100

59.28

common stock

Sale

6

59.29

common stock

Sale

8

58.82

common stock

Sale

8

59.05

common stock

Sale

14

59.05

common stock

Sale

14

59.38

common stock

Sale

17

59.31

common stock

Sale

17

59.5

common stock

Sale

25

59.08

common stock

Sale

35

59.51

common stock

Sale

65

59.51

common stock

Sale

75

59.08

common stock

Sale

86

59.05

common stock

Sale

86

59.38

common stock

Sale

92

58.82

common stock

Sale

92

59.05

common stock

Sale

100

58.94

common stock

Sale

100

58.95

common stock

Sale

100

59.03

common stock

Sale

100

59.28

common stock

Sale

100

59.31

common stock

Sale

100

59.31

common stock

Sale

100

59.58

common stock

Sale

100

59.6

common stock

Sale

5,100

59.29

common stock

Sale

100

59.68

common stock

Sale

400

59.29

common stock

Sale

1

59.3

common stock

Sale

134

59.3

common stock

Sale

300

59.29

common stock

Sale

100

59.3

common stock

Sale

500

59.3

common stock

Sale

65

59.3

common stock

Sale

300

59.29

common stock

Sale

32

59.29

common stock

Sale

17

59.29

common stock

Sale

100

59.27

common stock

Sale

100

59.32

 

 

 

(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

Increasing a long position

1,417

59.1877

common stock

CFD

Increasing a long position

23

59.44221739

common stock

CFD

Reducing a long position

1

58.915

common stock

CFD

Reducing a long position

17

59.053

common stock

CFD

Reducing a long position

122

59.483696

common stock

CFD

Reducing a long position

162

59.483696

common stock

CFD

Increasing a short position

1

58.915

common stock

CFD

Increasing a short position

47

59.483696

common stock

CFD

Increasing a short position

64

59.483696

               

 

 

(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:

28/01/2025

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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