Vanguard Group Discloses Position in Smith (DS) plc

On July 15, 2024, The Vanguard Group, Inc. filed Form 8.3, revealing its position in Smith (DS) plc. The disclosure adheres to Rule 8.3 of the Takeover Code, which mandates the disclosure of interests representing 1% or more in relevant securities.

Vanguard disclosed owning and controlling a total of 67,094,116 ordinary 10p shares in Smith (DS) plc, corresponding to a 4.86% interest. The relevant position was held as of July 12, 2024. Additionally, Vanguard noted dealings with International Paper Company.

A recent purchase of 2,188 ordinary shares at a unit price of 4.21 GBP was also reported. There are no open stock-settled derivative positions, nor any indemnity or option arrangements in place. No supplemental forms were attached to this disclosure.