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The Vanguard Group Discloses Position in Smith (DS) plc

The Vanguard Group, Inc. has disclosed a significant position in Smith (DS) plc, following Rule 8.3 of the Takeover Code. The disclosure reveals that Vanguard holds 67,798,999 ordinary shares, equating to 4.91% of the company. This public announcement was made on 14 November 2024, with the position held on 13 November 2024.

In addition to the holdings in Smith (DS) plc, Vanguard is also involved with International Paper Company. Recent transactions include the purchase of 15,747 ordinary shares at a rate of 5.62 GBP each and the sale of 29,679 ordinary shares at 5.63 GBP per unit. The disclosure indicates no involvement in cash-settled derivatives or stock-settled derivatives currently. Additionally, there are no agreements or understandings related to the securities or derivatives mentioned.

R. H.

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