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

On July 4, 2024, The Vanguard Group, Inc. revealed its position in Smith (DS) plc through a Form 8.3 disclosure. This form is part of Rule 8.3 of the Takeover Code, which mandates such disclosures when an entity holds interests representing 1% or more of a company's securities.

The key information section identifies The Vanguard Group, Inc. as the full name of the discloser. Smith (DS) plc is the offeror/offeree related to the securities in question. Vanguard also discloses its interaction with International Paper Company.

As of July 3, 2024, The Vanguard Group holds 66,769,219 ordinary shares of Smith (DS) plc, representing 4.84% of the company's securities. In addition, Vanguard purchased 39,667 shares at 4.26 GBP per unit.

No agreements, arrangements, or understandings, including indemnities or options arrangements, were noted. The disclosure was completed by Shawn Acker, with a contact number provided for further inquiries.