The Vanguard Group Discloses Stake in DS Smith PLC

The Vanguard Group, Inc. has made a public disclosure regarding its position in DS Smith PLC. This was formalized on August 28, 2024, and reported on August 29, 2024. The disclosure reveals that Vanguard holds an interest of 4.91% in DS Smith's 10p ordinary shares, amounting to 67,778,061 shares.

This announcement follows Rule 8.3 of the Takeover Code, which mandates disclosures by persons holding interests in relevant securities representing 1% or more. Additionally, Vanguard has stated it is also making disclosures concerning International Paper Company in relation to this offer.

No cash-settled or stock-settled derivatives were reported in the disclosure. Other details, including any indemnity or other dealing arrangements, were marked as "none." The disclosure did not attach any Supplemental Form 8 for open positions.