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

The Vanguard Group, Inc. has released a Form 8.3 announcing its ownership and dealings relating to Smith (DS) plc as per the regulations of the Takeover Code. The disclosure, dated 12 April 2024, reveals The Vanguard Group, Inc. holding a 4.53% interest through 62,423,564 ordinary shares in Smith (DS) plc as of 11 April 2024. This position underscores the investment firm’s significant stake in the company.

In addition to Smith (DS) plc, The Vanguard Group also mentions disclosures regarding International Paper Company and Mondi plc, indicating the breadth of its involvement in the sector. The firm reported specific purchasing activities, with acquisitions of 360 and 950 Smith (DS) plc ordinary shares at prices per unit of 4.13 GBP and 4.15 GBP respectively.

No stock-settled derivatives or rights to subscribe for new securities were disclosed in this form. The Vanguard Group has confirmed that it has no indemnity, option arrangement, or any agreement that could be an inducement to deal or refrain from dealing in the relevant securities. Additionally, there are no attachments or supplemental forms related to open positions in this disclosure.

R. H.

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