The Vanguard Group, Inc. Discloses Position in Smith (DS) plc

On March 4, 2024, The Vanguard Group, Inc. revealed its holding in Smith (DS) plc, marking a significant disclosure under the Takeover Code's Rule 8.3. The report indicates The Vanguard Group owns a substantial interest, with 62,088,095 shares, equating to a 4.51% stake in Smith (DS) plc. This disclosure comes alongside a minor transaction where 1,440 shares were sold at a price of 3.26 GBP per share.

Alongside its interest in Smith (DS) plc, The Vanguard Group also noted disclosures regarding another company, Mondi plc, suggesting a broader strategy in play within relevant securities. However, the details of positions in Mondi plc were not specified in this particular disclosure. The filing also clarifies that there are no arrangements, agreements, or understandings relating to indemnities, options, or derivatives that could influence dealings in these securities.

The complete absence of any such agreements underscores the straightforward nature of The Vanguard Group's investment disclosure. As of the latest report, there are no further attachments or supplemental forms provided, indicating this disclosure sufficiently covers The Vanguard Group's current position and recent dealings in Smith (DS) plc as required by the prevailing regulatory guidelines.