The Vanguard Group Discloses Stake in Smith (DS) plc

The Vanguard Group, Inc. has released its Form 8.3 disclosure regarding its interest in Smith (DS) plc. According to the document dated October 3, 2024, Vanguard holds 67,548,798 ordinary shares, representing a 4.89% stake in Smith (DS) plc. This disclosure adheres to Rule 8.3 of the Takeover Code, which mandates transparency for parties with a 1% or greater interest in relevant securities.

The disclosure outlines recent transactions conducted by Vanguard. Notably, Vanguard purchased an additional 21,859 shares at a price of 4.60 GBP each and 307 shares at 4.62 GBP each. No cash-settled or stock-settled derivative dealings were reported. Furthermore, there are no new agreements, arrangements, or understandings affecting voting rights or acquisition plans.