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

The Vanguard Group, Inc. has submitted Form 8.3, detailing its significant interests in Smith (DS) plc. This disclosure is in accordance with Rule 8.3 of the Takeover Code. The document outlines the company's interests in relevant securities amounting to 1% or more.

The key information reveals that as of 23 September 2024, Vanguard owns and controls 67,420,791 ordinary shares, representing 4.88% of Smith (DS) plc. In addition, Vanguard has disclosed dealings involving a purchase of 19,098 ordinary shares at a price of 4.57 GBP each.

No other interests, short positions, agreements, or understandings pertaining to derivatives or options are reported. The disclosure also mentions an association with International Paper Company in relation to the offer.

The disclosure does not include any indemnity or option arrangements or any formal agreements with other parties involved in the offer. No Supplemental Form 8 (Open Positions) was attached.