BRIEF

on The Vanguard Group, Inc. (isin : US12572Q1058)

Vanguard Group Discloses Position in Smith (DS) plc

The Vanguard Group, Inc. has released Form 8.3, detailing its interest in Smith (DS) plc. As per the Takeover Code, this disclosure is mandatory for those holding interests of 1% or more in relevant securities.

According to the form, Vanguard holds 67,288,004 ordinary 10p shares, representing a 4.88% stake in Smith (DS) plc. Additionally, Vanguard purchased 3,195 of these shares at a unit price of 4.50 GBP.

The disclosure also mentions that Vanguard is making additional disclosures concerning International Paper Company, another entity involved in the offer.

No other agreements, arrangements, or indemnities related to the securities were disclosed. The Vanguard Group states that no supplemental forms are attached to the submission.

The disclosure was made public on July 26, 2024, and inquiries can be directed to Shawn Acker at the provided contact number.

R. E.

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