RNS Number : 1258V

Societe Generale SA

29 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	28/01/2025
(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:	275,083	0.08	208,798	0.06
(2)  Cash-settled derivatives:	53,688	0.02	18,457	0.01
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	328,771	0.09	227,255	0.07

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	1,000	59.12
common stock	Purchase	300	59.12
common stock	Purchase	143	59.12
common stock	Purchase	157	59.12
common stock	Purchase	100	58.38
common stock	Purchase	100	58.38
common stock	Purchase	100	58.39
common stock	Purchase	100	58.54
common stock	Purchase	100	58.66
common stock	Purchase	100	58.37
common stock	Purchase	100	58.29
common stock	Purchase	100	58.35
common stock	Purchase	100	58.39
common stock	Purchase	100	58.43
common stock	Purchase	100	58.9
common stock	Purchase	36	59.12
common stock	Purchase	100	59.12
common stock	Purchase	75	59.12
common stock	Purchase	1,825	59.12
common stock	Purchase	55	59.12
common stock	Purchase	1	58.72
common stock	Purchase	10	58.94
common stock	Purchase	12	58.94
common stock	Purchase	18	58.94
common stock	Purchase	25	58.94
common stock	Purchase	57	58.94
common stock	Purchase	78	58.94
common stock	Purchase	99	58.72
common stock	Purchase	100	58.29
common stock	Purchase	100	58.86
common stock	Purchase	100	58.87
common stock	Purchase	100	58.87
common stock	Purchase	100	58.94
common stock	Purchase	100	59.01
common stock	Purchase	100	59.05
common stock	Purchase	100	59.06
common stock	Purchase	100	59.07
common stock	Purchase	100	59.09
common stock	Purchase	700	59.02
common stock	Purchase	100	59.1
common stock	Purchase	1	59.19
common stock	Purchase	10	59.19
common stock	Sale	33	58.99
common stock	Sale	67	58.99
common stock	Sale	100	59.01
common stock	Sale	1	58.34
common stock	Sale	1	58.47
common stock	Sale	1	58.47
common stock	Sale	1	58.47
common stock	Sale	2	58.34
common stock	Sale	2	58.47
common stock	Sale	2	58.47
common stock	Sale	3	58.47
common stock	Sale	3	58.47
common stock	Sale	4	58.47
common stock	Sale	5	58.47
common stock	Sale	7	58.34
common stock	Sale	9	58.34
common stock	Sale	20	58.34
common stock	Sale	35	58.47
common stock	Sale	50	58.47
common stock	Sale	52	58.34
common stock	Sale	65	58.47
common stock	Sale	66	58.47
common stock	Sale	66	58.47
common stock	Sale	75	58.34
common stock	Sale	75	58.34
common stock	Sale	91	58.34
common stock	Sale	91	58.47
common stock	Sale	95	58.34
common stock	Sale	97	58.47
common stock	Sale	98	58.47
common stock	Sale	100	58.34
common stock	Sale	100	58.34
common stock	Sale	100	58.34
common stock	Sale	100	58.34
common stock	Sale	100	58.34
common stock	Sale	100	58.34
common stock	Sale	100	58.34
common stock	Sale	100	58.34
common stock	Sale	100	58.34
common stock	Sale	100	58.34
common stock	Sale	100	58.34
common stock	Sale	100	58.34
common stock	Sale	100	58.34
common stock	Sale	100	58.47
common stock	Sale	100	58.47
common stock	Sale	100	58.47
common stock	Sale	100	58.47
common stock	Sale	100	58.47
common stock	Sale	100	58.47
common stock	Sale	100	58.47
common stock	Sale	100	58.47
common stock	Sale	100	58.47
common stock	Sale	100	58.47
common stock	Sale	100	58.47
common stock	Sale	100	58.47
common stock	Sale	100	58.47
common stock	Sale	101	58.47
common stock	Sale	134	58.47
common stock	Sale	200	58.34
common stock	Sale	200	58.47
common stock	Sale	200	58.47
common stock	Sale	3,900	58.47
common stock	Sale	4	59.12
common stock	Sale	1,942	59.12
common stock	Sale	800	59.13
common stock	Sale	1	58.41
common stock	Sale	1	58.41
common stock	Sale	1	58.43
common stock	Sale	1	58.57
common stock	Sale	1	58.57
common stock	Sale	1	58.57
common stock	Sale	1	58.57
common stock	Sale	1	59.15
common stock	Sale	1	59.15
common stock	Sale	3	59.15
common stock	Sale	3	59.15
common stock	Sale	4	58.39
common stock	Sale	5	58.32
common stock	Sale	10	58.32
common stock	Sale	10	59.11
common stock	Sale	20	58.32
common stock	Sale	25	58.77
common stock	Sale	25	58.77
common stock	Sale	30	59.11
common stock	Sale	34	58.32
common stock	Sale	36	59.15
common stock	Sale	45	58.39
common stock	Sale	45	58.9
common stock	Sale	47	58.64
common stock	Sale	50	58.42
common stock	Sale	51	58.42
common stock	Sale	53	58.64
common stock	Sale	53	58.79
common stock	Sale	55	58.39
common stock	Sale	56	59.15
common stock	Sale	60	59.1
common stock	Sale	80	58.32
common stock	Sale	96	58.39
common stock	Sale	98	58.41
common stock	Sale	99	58.43
common stock	Sale	100	58.31
common stock	Sale	100	58.33
common stock	Sale	100	58.37
common stock	Sale	100	58.39
common stock	Sale	100	58.41
common stock	Sale	100	58.43
common stock	Sale	100	58.43
common stock	Sale	100	58.43
common stock	Sale	100	58.44
common stock	Sale	100	58.57
common stock	Sale	100	58.67
common stock	Sale	100	58.675
common stock	Sale	100	59.11
common stock	Sale	100	59.13
common stock	Sale	100	59.13
common stock	Sale	100	59.13
common stock	Sale	100	59.15
common stock	Sale	100	59.15
common stock	Sale	200	58.44
common stock	Sale	200	58.88
common stock	Sale	200	59.15
common stock	Sale	51	58.88
common stock	Sale	51	58.88

(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	6,425	58.4676612
common stock	CFD	Increasing a long position	1,927	58.3376664
common stock	CFD	Reducing a long position	36	59.123

(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:	29/01/2025
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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