The Vanguard Group Discloses Position in Smith (DS) plc

The Vanguard Group, Inc. has released its Form 8.3 disclosure, detailing interests and dealings in Smith (DS) plc relevant securities. As of June 6, 2024, Vanguard held 62,093,085 10p ordinary shares, equivalent to a 4.50% stake in Smith (DS) plc.

This form represents public disclosure of a person with interests in relevant securities amounting to 1% or more under Rule 8.3 of the Takeover Code. Vanguard also mentions interests in International Paper Company, highlighting its broader disclosure obligations concerning this offer.

Noteworthy transactions include the purchase of 657 and 127,620 10p ordinary shares at 3.72 GBP and 3.78 GBP per share, respectively. No new security subscriptions, indemnities, or derivative-related agreements were reported.

The disclosure provides transparency in Vanguard’s significant position within Smith (DS) plc. Further details or supplementary forms are not attached.