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The Vanguard Group Reports Securities in Smith (DS) plc

The Vanguard Group, Inc. has disclosed its current holding positions in Smith (DS) plc as per Rule 8.3 of the Takeover Code. On January 6, 2025, Vanguard held 68,494,814 of the 10p ordinary shares, representing a 4.96% interest. This disclosure also mentioned International Paper Company as another party to the offer.

Vanguard reported various dealings in Smith (DS) plc's securities. Transactions included the purchase of 14,746 shares at 5.41 GBP, 5,003 shares at 5.44 GBP, and a sale of 23,062 shares at 5.41 GBP each. No new securities or derivatives, agreements, or arrangements were reported beyond the normal trading activity.

No indemnities or option-related agreements were disclosed, and no supplemental forms were attached to extend the reported open positions.

R. H.

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