on The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group, Inc. Discloses Position in Smith (DS) plc
The Vanguard Group, Inc. released a Form 8.3 disclosure concerning its interests in Smith (DS) plc on 18 July 2024. This disclosure, required under Rule 8.3 of the Takeover Code, provides details of Vanguard's position since 17 July 2024.
Vanguard holds 67,148,746 ordinary shares of Smith (DS) plc, representing a 4.87% interest. Additionally, Vanguard made two recent purchases of Smith (DS) plc shares at prices of 4.41 GBP and 4.42 GBP per share, respectively.
No rights to subscribe for new Smith (DS) plc securities are reported. The disclosure also confirms that there are no indemnity or option arrangements related to Smith (DS) plc securities and no agreements or understandings concerning voting rights or future acquisitions.
The disclosure also mentions International Paper Company as another party to the offer, though no specific positions were detailed in the document.
This filing is part of regulatory requirements ensuring transparency in major investments and takeover activities involving listed companies.
R. H.
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