The Vanguard Group Discloses Holdings in Smith (DS) plc

The Vanguard Group, Inc. has disclosed its position in Smith (DS) plc, revealing significant interests in the company’s securities. As of October 10, 2024, Vanguard holds 67,535,833 ordinary shares, representing a 4.89% interest. This information was released under Rule 8.3 of the UK's Takeover Code, requiring disclosure by those with a stake of 1% or more in a company involved in a takeover.

Additionally, Vanguard has disclosed dealings involving an acquisition of 8,936 shares at 4.57 GBP per share. The disclosure also notes Vanguard’s interests in International Paper Company in connection with Smith (DS) plc. No derivative positions, indemnities, or additional agreements are reported.

The announcement adheres to regulatory requirements for transparency in potential takeover engagements. The filing is part of Vanguard's routine to maintain openness about its investment activities.