The Vanguard Group Discloses Stake in Smith (DS) plc

The Vanguard Group, Inc. has released Form 8.3, detailing its interests in Smith (DS) plc. As of October 17, 2024, Vanguard holds 67,586,541 shares, representing 4.90% of Smith's ordinary shares. The disclosure comes under Rule 8.3 of the UK Takeover Code, applicable for stakeholders with interests over 1%.

In addition to Smith (DS) plc, Vanguard discloses interests relating to International Paper Company. Recently, Vanguard purchased 17,455 ordinary shares of Smith at 4.61 GBP per share. No cash-settled or stock-settled derivatives were reported.

No agreements or arrangements are recorded under indemnity or options, indicating a straightforward investment approach. The form confirms no supplemental documents were attached, and the disclosure was made by Shawn Acker on October 18, 2024.