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on The Vanguard Group, Inc. (isin : US12572Q1058)

The Vanguard Group, Inc. increases its stake in Smith (DS) plc

On February 20, 2024, The Vanguard Group, Inc. publicly disclosed its position in Smith (DS) plc in accordance with Rule 8.3 of the Takeover Code. According to Form 8.3, The Vanguard Group now holds 4.50% of the ordinary shares of Smith (DS) plc, representing a total of 61,984,115 shares.

This announcement follows recent transactions including the purchase and sale of 10p ordinary shares of Smith (DS) plc at a unit price of 3.27 GBP. Specifically, Vanguard bought 50,006 shares and sold 4,793. Besides these transactions, no other dealings, whether in cash-settled derivatives or in related securities, were mentioned in the disclosure.

The disclosure also noted the absence of any agreement, arrangement, or understanding, whether formal or informal, related to the relevant securities that could induce the undertaking or refraining from transactions.

R. E.

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