The Vanguard Group, Inc. Discloses Interests in Smith (DS) plc

The Vanguard Group, Inc. has released Form 8.3, detailing its interest in Smith (DS) plc. The form was disclosed on September 10, 2024, and includes information on interests, short positions, and dealings.

The company, holding 4.90% of Smith (DS) plc's 10p ordinary shares, reported owning a total of 67,693,419 shares. The document also included minor transactions such as the purchase of 720 shares at 4.58 GBP and the sale of 3,840 shares at 4.59 GBP per unit.

Vanguard stated that there were no agreements, arrangements or understandings concerning options or derivatives. No indemnity or dealing arrangements were reported. The disclosure also applies to interests in International Paper Company.

This notification is a part of the requirements under Rule 8.3 of the Takeover Code, which ensures transparency in acquisitions and holdings of public companies.