The Vanguard Group Reports Position in DS Smith plc

The Vanguard Group, Inc. has disclosed its position in the securities of DS Smith plc, as required under Rule 8.3 of the Takeover Code. The disclosure covers interests in relevant securities amounting to 1% or more.

As of July 31, 2024, Vanguard reports an interest in 67,378,420 ordinary shares of DS Smith, representing 4.88% of the company's total issued share capital. The majority of these shares are not linked to derivatives or other financial instruments.

Included in the disclosure are recent dealings involving DS Smith's 10p ordinary shares. Vanguard acquired 114,094 shares at 4.55 GBP per share while also selling 12,852 shares at the same price.

No derivatives-related agreements or other inducements influencing dealings have been reported. Additionally, there are no arrangements or understandings linked to the voting rights of the securities owned.