The Vanguard Group Discloses Position in Smith (DS) plc

The Vanguard Group, Inc. has submitted a Form 8.3 regarding its interest in Smith (DS) plc. This declaration, applicable under Rule 8.3 of the Takeover Code, reveals that Vanguard possesses a significant 4.94% interest in Smith (DS) plc's 10p ordinary shares. The position, dated December 12, 2024, involves a total of 68,187,525 shares.

In recent transactions, Vanguard purchased 3,488 shares at 5.38 GBP and 3,422 shares at 5.39 GBP per unit, while selling 12,971 shares at 5.38 GBP each. The disclosure additionally covers Vanguard's association with International Paper Company related to this offer.

No indemnity arrangements, agreements, or understandings regarding options or derivatives related to relevant securities were reported. Furthermore, no Supplemental Form 8 was attached to the disclosure.