The Vanguard Group, Inc. Discloses Position in DS Smith PLC

The Vanguard Group, Inc. has filed a Form 8.3 disclosing its position in DS Smith PLC. As of July 19, 2024, Vanguard holds 67,179,469 ordinary shares, accounting for 4.87% of the company's share capital. This filing is in accordance with Rule 8.3 of the Takeover Code.

Vanguard's disclosure also notes dealings involving purchases of DS Smith PLC shares, including a purchase of 30,723 shares at 4.47 GBP per share. No other derivatives or options positions were reported.

Additionally, the disclosure includes that there are no indemnity, option arrangements, or other agreements related to the securities in question. There are also no supplemental forms attached to this disclosure.

The filing mentions that Vanguard is also involved in disclosures related to International Paper Company, following similar regulatory requirements.

The disclosure underscores Vanguard's significant interest in DS Smith PLC, aligning with its investment strategies and compliance with takeover regulations.