The Vanguard Group, Inc.: Stake in DS Smith PLC Revealed

The Vanguard Group, Inc. has disclosed its position in DS Smith PLC as per Form 8.3 of the Takeover Code. Vanguard possesses interests in DS Smith PLC, accounting for 4.92% represented by 67,904,941 ordinary shares. This disclosure correlates with DS Smith PLC, with the noted date being November 18, 2024.

The disclosure includes a recent transaction where Vanguard acquired 19,374 of DS Smith's 10p ordinary shares at a price of 5.72 GBP per share. No cash-settled or stock-settled derivative holdings are reported in this instance. Additionally, Vanguard confirms no indemnities or agreements affecting shares or derivatives exist, indicating a straightforward shareholding without complex encumbrances.

This declaration is also connected to the International Paper Company with no additional disclosed dealings beyond these entities. Vanguard's Form 8.3 submission ensures transparency in financial engagements as governed by the Takeover Code.