Vanguard Group Discloses Significant Position in Smith (DS) plc

The Vanguard Group, Inc. has released Form 8.3, disclosing a significant position in Smith (DS) plc. As per the announcement dated 03 December 2024, Vanguard holds 68,086,320 shares, representing a 4.93% stake in Smith (DS) plc. The disclosure is in line with Rule 8.3 of the Takeover Code, which mandates public opening position disclosures for entities with interests of 1% or more in relevant securities.

The update also indicates that Vanguard's interests extend to interactions with International Paper Company. Recent transactions include the purchase of 20,282 shares at 5.82 GBP per share and 19,141 shares at 5.85 GBP per share, alongside a sale of 11,430 shares at 5.85 GBP per share. No other dealing arrangements or agreements concerning options or derivatives were reported.