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

The Vanguard Group, Inc. has filed a Form 8.3 to disclose its position and dealings in Smith (DS) plc. This disclosure is a requirement under Rule 8.3 of the Takeover Code, which mandates public opening position disclosures for entities holding 1% or more in relevant securities.

As of September 13, 2024, Vanguard holds 67,673,485 ordinary 10p shares in Smith (DS) plc, representing a 4.90% interest. This disclosure also indicates dealings with International Paper Company in relation to the securities.

Vanguard's recent activities include the purchase of 20,674 ordinary 10p shares at 4.67 GBP each and the sale of 82,656 ordinary 10p shares at the same price. No cash-settled or stock-settled derivative transactions were reported.

No agreements, arrangements, or understandings regarding options or future acquisitions were disclosed, and no Supplemental Form 8 was attached to the filing.