The Vanguard Group, Inc. Reports Holdings in Smith (DS) plc and Mondi plc

The Vanguard Group, Inc. disclosed its position in Smith (DS) plc, revealing a significant stake in the company according to the latest public opening position disclosure.

The document, aligned with the Rule 8.3 of the Takeover Code, specifies that as of March 4, 2024, The Vanguard Group, Inc. holds an interest in 62,088,485 shares of Smith (DS) plc, which accounts for 4.51% of the company. This disclosure comes amid public interest in the relevant securities representing 1% or more.

In addition to Smith (DS) plc, The Vanguard Group, Inc. is also making disclosures related to another party to the offer, Mondi plc, signifying a potential broad interest in the sector.

The dealings that led to this disclosure included a purchase of 390 shares at a price of 3.22 GBP per 10p ordinary share. The financial giant has not reported any cash-settled derivative transactions nor stock-settled derivative transactions in relation to these holdings.

This disclosure does not list any indemnity, option arrangement, or any form of agreement that could be an inducement to deal or refrain from dealing. As of the date of disclosure on March 5, 2024, The Vanguard Group, Inc. and its contacts have not attached any supplemental forms related to open positions.