The Vanguard Group Discloses Stake in Smith (DS) plc

The Vanguard Group, Inc. has submitted a Form 8.3 related to its holdings in Smith (DS) plc. According to the disclosure dated August 8, 2024, Vanguard holds a 4.90% stake in Smith (DS) plc, equivalent to 67,590,723 ordinary shares of 10p each. This declaration is in compliance with Rule 8.3 of the Takeover Code, which mandates disclosures from entities holding 1% or more of relevant securities.

Additionally, Vanguard made a small number of transactions regarding these securities. The purchases included 52,707 shares at 4.42 GBP per unit and 1,842 shares at 4.45 GBP per unit. They also sold 28,009 shares at 4.47 GBP per unit.

The filing also confirms that Vanguard has no open derivative positions, agreements to purchase or sell relevant securities, nor any indemnity or other dealing arrangements related to Smith (DS) plc. There are also no agreements or understandings regarding options or derivatives involving voting rights connected to these securities.