The Vanguard Group Discloses Interests in Smith (DS) plc

The Vanguard Group, Inc. has released a Form 8.3 disclosing its position in Smith (DS) plc. According to the form, Vanguard holds a 4.91% interest, amounting to 67,735,467 shares in the company as of 12 September 2024. Additionally, the disclosure reveals transactions involving 10p ordinary shares, including a purchase of 702 shares at 4.56 GBP per unit and a sale of 3,032 shares at 4.58 GBP per unit.

Furthermore, Vanguard confirms it is making disclosures in respect of International Paper Company, alongside Smith (DS) plc. No indemnity or other dealing arrangements were reported in the filing. The disclosure complies with Rule 8.3 of the Takeover Code, which mandates transparency for persons holding 1% or more of relevant securities.