The Vanguard Group, Inc. Reports Its Position in DS Smith PLC

The Vanguard Group, Inc. has announced its holding in DS Smith PLC through a public opening position disclosure/dealing disclosure. This revelation comes under Rule 8.3 of the Takeover Code, indicating interests in relevant securities representing 1% or more.

As of March 21, 2024, The Vanguard Group, Inc. owned and/or controlled a total of 62,137,990 DS Smith PLC shares, equating to 4.51% of the company's securities. In addition to DS Smith PLC, disclosures have also been made regarding Mondi plc, illustrating The Vanguard Group's broad interest in the materials sector. This position reflects The Vanguard Group's significant stake in these corporations at the time of reporting.

Furthermore, the disclosure highlighted a sale of 6,258 DS Smith PLC shares at a price of 3.49 GBP per unit. With no open stock-settled or cash-settled derivative positions reported, and no new securities subscriptions noted, The Vanguard Group's current interests lie predominantly in direct shareholdings.

This disclosure not only informs the market of The Vanguard Group's interests but also emphasizes transparency in financial dealings, in accordance with regulatory requirements. Shawn Acker, representing The Vanguard Group, has been named as the contact person for this disclosure.