The Vanguard Group, Inc. Reports Holding in Smith (DS) plc as per Form 8.3

The Vanguard Group, Inc. has disclosed its holdings in Smith (DS) plc according to the latest Form 8.3 public opening position. The disclosure, dated 27 March 2024, reveals The Vanguard Group controls a significant 4.52% in Smith (DS) plc, totaling 62,207,611 shares. This announcement follows the regulations under Rule 8.3 of the Takeover Code, which mandates parties with interests in relevant securities representing 1% or more to report their positions.

In addition to Smith (DS) plc, The Vanguard Group also made disclosures in relation to Mondi plc, indicating the breadth of its investment activities surrounding potential offers. The most recent transaction saw The Vanguard Group purchasing 8,934 shares of Smith (DS) plc at a price of GBP 3.60 per unit on 26 March 2024. No stock-settled derivatives or other dealing arrangements were reported in this disclosure. The form also states there are no indemnity or option arrangements, or any form of understanding that may induce dealings related to the disclosed securities.