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

The Vanguard Group, Inc. has revealed an increase in stake in the company Smith (DS) plc. According to a published Form 8.3, this position was maintained and made public on February 21, 2024, indicating a significant interest in the company's operations.

The disclosure shows that The Vanguard Group now controls 61,984,990 ordinary shares of Smith (DS) plc, representing 4.50% of the total voting rights. This disclosure precedes the completion of a specific transaction, where 485 shares were acquired at a unit price of 3.20 GBP. This demonstrates The Vanguard Group's continued commitment to actively monitor and manage its investments.

No implicit arrangement or agreement, which could serve as an incentive for the purchase or sale of the relevant securities, has been reported by The Vanguard Group. This update reaffirms the transparency and seriousness of the company in communicating its positions and activities in the market.