The Vanguard Group's Stake in Smith (DS) plc

The Vanguard Group, Inc. has disclosed its significant holding in the UK-based Smith (DS) plc, marking its position with an interest in 67,885,567 ordinary shares, representing 4.92% of the company's securities. This disclosure was made as per Rule 8.3 of the Takeover Code. The data released pertains to the position held on November 15, 2024.

Additional details reveal recent transactions involving the purchase of ordinary shares, with purchases noted for increments of 35,461 and 1,170 shares at prices of 5.62 GBP and 5.64 GBP per unit, respectively. The document clarifies that no cash-settled or stock-settled derivative positions have been disclosed.

No indemnity, option arrangements, or agreements influencing security trading or voting rights were reported. Additionally, there are no current partnerships or understandings that would affect future security dealings. The Supplemental Form 8, indicating open positions, was not attached.