The Vanguard Group Discloses Interests in Smith (DS) plc

The Vanguard Group, Inc. submitted a Form 8.3 to disclose its position in Smith (DS) plc as part of the Takeover Code requirements. The disclosure, dated October 28, 2024, notes that Vanguard holds 67,632,961 ordinary shares, representing a 4.90% interest in Smith (DS) plc.

No additional agreements or dealings were noted in the disclosure, and Vanguard confirmed no open derivative positions exist. Additionally, the filing mentions dealings involving the sale of 9,949 10p ordinary shares at prices ranging between 4.76 and 4.77 GBP per share. There are no indemnity or deal arrangements affecting the securities in question.

The disclosure also mentions the involvement of International Paper Company, alongside Smith (DS) plc, without detailing the specifics. The report indicates no supplemental form for open positions was filed.