on The Vanguard Group, Inc. (isin : US12572Q1058)

The Vanguard Group, Inc.: Holdings in Smith (DS) plc

The Vanguard Group, Inc. has released Form 8.3, disclosing its interests in Smith (DS) plc, a company in which it holds a significant stake exceeding 1% in accordance with Rule 8.3 of the Takeover Code. The discloser, holding 4.83% of Smith (DS) plc's ordinary shares, reveals pivotal stock positions effective as of July 1, 2024.

The shares of interest include relevant securities totaling 66,637,396 ordinary shares worth 10 pence each. Additionally, Vanguard has noted a purchase of 12,088 ordinary shares at a unit price of 4.20 GBP, underscoring their increased position in the company.

No cash-settled or stock-settled derivatives, agreements to purchase, or rights to subscribe for new securities were reported in the disclosure. The document also confirms no existing indemnity or other dealing arrangements, nor any agreements related to options or derivatives.

The disclosure confirms comprehensive transparency, critical for stakeholders and follows the well-defined protocols set by the Takeover Code.

R. H.

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