Vanguard Group Discloses Stake in Smith (DS) plc

The Vanguard Group, Inc. has disclosed its public opening position regarding Smith (DS) plc, revealing a 4.90% interest in the company's 10p ordinary shares, amounting to 67,642,910 shares. This information was released on October 25, 2024, in accordance with Rule 8.3 of the Takeover Code. The disclosure includes no short positions or cash-settled derivatives.

The transactions listed include the purchase of two batches of shares: 3,808 shares at 4.78 GBP each and 3,580 shares at 4.79 GBP each. No other derivative transactions or new securities subscriptions were reported. Additionally, Vanguard made no report of any indemnity or option arrangements influencing the securities.

The disclosure also mentions interest in another entity involved in the offer: International Paper Company. However, no additional positions or dealings were specified.