Vanguard Group Discloses Stake in Smith (DS) plc

The Vanguard Group, Inc. has disclosed a substantial position in Smith (DS) plc under Form 8.3, according to Rule 8.3 of the Takeover Code. As of January 8, 2025, Vanguard holds a 4.96% interest in Smith (DS) plc, declaring ownership of 68,530,056 ordinary shares. This disclosure comes amid Vanguard's involvement with International Paper Company in relation to relevant securities.

Additionally, Vanguard reported a purchase of 11,436 ordinary shares of Smith (DS) plc at a price of 5.54 GBP per unit. The disclosure does not report any cash-settled or stock-settled derivatives positions. There are no agreements or understandings concerning indemnities or derivatives as per the disclosure.

This filing indicates Vanguard's strategic interests in the market, reflecting transparency in its holding and transaction activities in compliance with regulatory requirements. The disclosure was made on January 9, 2025, by contact point Shawn Acker.