BRIEF

on The Vanguard Group, Inc. (isin : US12572Q1058)

The Vanguard Group Discloses Position in Smith (DS) plc

The Vanguard Group, Inc. has released a Form 8.3 disclosure concerning its interest in Smith (DS) plc. As of November 1, 2024, Vanguard holds 67,654,027 ordinary shares, representing a 4.90% stake in the company. This disclosure aligns with Rule 8.3 of the Takeover Code.

In addition, Vanguard acknowledges its role in relation to International Paper Company regarding this position. A transaction was recorded involving the sale of 11,864 of Smith (DS) plc’s 10p ordinary shares at 5.39 GBP per unit.

No cash-settled or stock-settled derivative transactions, options, or rights to subscribe for new securities have been reported. Vanguard confirmed the absence of any indemnity or dealing arrangements, agreements, or understandings related to these transactions.

R. H.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all The Vanguard Group, Inc. news