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

The Vanguard Group, Inc. has released a Form 8.3 disclosure concerning its holdings in Smith (DS) plc. The disclosure, dated October 16, 2024, reveals significant interests in this entity as stipulated by Rule 8.3 of the Takeover Code. The statement is mandatory for parties owning or controlling 1% or more of a public company's securities that are subject to a takeover offer.

As of October 15, 2024, Vanguard holds 67,569,431 ordinary shares in Smith (DS) plc, accounting for 4.89% of the company's issued share capital. The disclosure additionally mentions International Paper Company alongside Smith (DS) plc as relevant interests.

The release confirms recent security purchases of 10p ordinary shares, totaling 10,276 shares at an average price of approximately 4.66 GBP per share. No derivatives or other complex financial instruments are involved in this transaction.