The Vanguard Group Discloses Stake in Smith (DS) plc

The Vanguard Group, Inc. has made a public disclosure under Rule 8.3 of the Takeover Code, concerning its interests in the relevant securities of Smith (DS) plc. The disclosure includes that the company holds 68,374,830 ordinary shares, representing a 4.95% interest in Smith (DS) plc. The transaction date noted is December 24, 2024, with additional related disclosures linked to International Paper Company.

The disclosure details transactions involving the purchase of 11,210 ordinary shares at a price of 5.49 GBP. The document confirms that there are no indemnity or option arrangements or other understandings related to the securities. No supplemental form was attached to further outline any open stock-settled derivative positions.