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:
|
AVIVA PLC
AND ITS SUBSIDIARIES
|
|
(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.
|
Aviva plc
does not have investment discretion over part of the holding,
however full voting authority is retained.
|
|
(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:
|
N/A
|
|
(e) Date position
held/dealing undertaken:
For
an opening position disclosure, state the latest practicable date
prior to the disclosure
|
02 DECEMBER
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:
|
GBP0.10
|
|
|
Interests
|
Short
positions
|
|
|
Number
|
%
|
Number
|
%
|
|
(1) Relevant securities owned
and/or controlled:
|
16,157,772 *
|
1.17
|
0
|
0
|
|
(2) Cash-settled
derivatives:
|
0
|
0
|
0
|
0
|
|
(3) Stock-settled derivatives
(including options) and agreements to
purchase/sell:
|
0
|
0
|
0
|
0
|
|
TOTAL:
|
16,157,772 *
|
1.17
|
0
|
0
|
*Aviva plc does not have investment
discretion over 3,578,898 shares, however full voting authority is
retained.
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
|
|
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
GBP0.10
|
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
SALE
PURCHASE
|
1,624
5
29
143
107
588
222
3
854
86
8
1,212
1,528
44,243
23,281
16,032
6,046
2,918
2,403
2,337
1,176
570
66,364
35,262
24,048
205
9,069
4,377
3,605
3,506
1,818
172
1,613
301
1,043
182
385
58,866
30,977
21,331
121
8,044
3,882
3,198
3,110
6,569**
|
GBP5.793984 GBP5.794000
GBP5.794483 GBP5.794545
GBP5.794579
GBP5.794592
GBP5.794595
GBP5.793333
GBP5.794602
GBP5.794651
GBP5.795000
GBP5.799175
GBP5.800000
GBP5.800011
GBP5.800021
GBP5.800031
GBP5.800083
GBP5.800171
GBP5.800208
GBP5.800214
GBP5.804150
GBP5.805000
GBP5.805008
GBP5.805015
GBP5.805021
GBP5.805024
GBP5.805056
GBP5.805115
GBP5.805140
GBP5.805143
GBP5.805275
GBP5.825000
GBP5.831581
GBP5.832193
GBP5.832196
GBP5.832198
GBP5.832208
GBP5.832209
GBP5.832216
GBP5.832224
GBP5.832231
GBP5.832263
GBP5.832329
GBP5.832358
GBP5.832360
GBP5.832500
|
** Aviva
plc does not have investment discretion over 6,569 shares, however
it retains full voting authority
(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
|
|
|
|
|
|
|
(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:
|
03 DECEMBER
2024
|
Contact name:
|
NEIL
WHITTAKER
|
Telephone number:
|
020 7528
2115
|
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.