The Vanguard Group, Inc. Reports Holding in Smith (DS) plc

The Vanguard Group, Inc. disclosed its holding in Smith (DS) plc, revealing a substantial interest in the company. As of 08 March 2024, Vanguard holds 62,099,521 shares, which equates to a 4.51% interest in the company. This information was announced as part of a public opening position disclosure dealing under Rule 8.3 of the Takeover Code.

Additionally, The Vanguard Group, Inc. reported dealings in Smith (DS) plc's securities, including purchases amounting to a total of 11,015 shares at prices ranging between 3.41 GBP and 3.42 GBP per share. These transactions further indicate Vanguard’s active involvement in the financial activities surrounding Smith (DS) plc.

The disclosure also noted Vanguard's involvement with Mondi plc, hinting at a broader scope of investment interests within the financial market. However, specifics about this involvement were not detailed. The document outlined that no cash-settled derivatives or stock-settled derivatives have been engaged by The Vanguard Group, Inc. in relation to Smith (DS) plc.