The Vanguard Group Discloses Position in Smith (DS) plc

The Vanguard Group, Inc. has disclosed its position in the securities of Smith (DS) plc. This disclosure follows Rule 8.3 of the Takeover Code, which necessitates the publication of holdings when a person’s interest in the securities of a company involved in a takeover exceeds 1%.

The disclosure includes that, as of July 8, 2024, Vanguard holds 4.84% of Smith (DS) plc's ordinary shares, which amounts to 66,822,356 shares. Additionally, Vanguard disclosed its dealings concerning Smith (DS) plc, indicating a recent purchase of 20,982 shares at 4.17 GBP per share.

No agreements, arrangements, or understandings concerning indemnity or options, beyond what's disclosed, have been entered. Vanguard also confirmed that there were no arrangements related to the voting rights of these securities.

Shawn Acker is the contact person for further inquiries regarding this disclosure. The announcement was made on July 9, 2024.