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The Vanguard Group Discloses Position in Smith (DS) plc

The Vanguard Group, Inc. has released Form 8.3 detailing its position in Smith (DS) plc. As of August 6, 2024, Vanguard holds 67,555,379 shares, representing 4.90% of the company. The disclosure complies with Rule 8.3 of the Takeover Code.

Vanguard also disclosed transactions involving Smith (DS) plc securities. The group purchased 5,941 shares at 4.33 GBP each and 49,743 shares at 4.45 GBP each. These transactions further underline Vanguard's significant interest in the company.

No additional agreements or arrangements relating to options or derivatives were reported. Vanguard stated that there are no indemnities or option arrangements that could influence dealings in Smith (DS) plc securities.

The disclosure is also applicable to International Paper Company, indicating Vanguard's interests beyond Smith (DS) plc in the current context.

R. P.

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