The Vanguard Group Discloses Interests in Smith (DS) plc

The Vanguard Group, Inc., a major investment management company, has made an official disclosure regarding its involvement with Smith (DS) plc. This announcement, according to Rule 8.3 of the Takeover Code, reveals Vanguard's interests and dealings in Smith (DS) plc as of May 31, 2024.

Vanguard holds a significant 4.49% interest in Smith (DS) plc, amounting to 61,935,889 ordinary shares, each valued at 10p. The statement also notes recent transactions involving the purchase and sale of these securities. Specifically, Vanguard purchased 5,283 shares at 3.81 GBP per unit and sold 2,544 shares at the same price.

The disclosure also mentions that The Vanguard Group is reporting in relation to International Paper Company, apart from Smith (DS) plc. It's important to note that no cash-settled or stock-settled derivatives, agreements to purchase or sell relevant securities, or other such dealings were reported.