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The Vanguard Group Discloses Stake in Smith (DS) plc

On December 16, 2024, The Vanguard Group, Inc. reported its position in Smith (DS) plc through a public opening position disclosure, adhering to Rule 8.3 of the Takeover Code. Vanguard Group holds a 4.94% interest in Smith (DS) plc, representing 68,189,925 of the company's 10p ordinary shares. This follows dealings disclosed as of December 13, 2024.

Besides Smith (DS) plc, Vanguard Group also made disclosures related to International Paper Company. The disclosure indicated there were no cash-settled or stock-settled derivative positions, nor any agreements related to securities.

The document underscores that there are no indemnity or option arrangements and that no supplemental open position forms were attached. For further inquiries, Shawn Acker of Vanguard Group is the designated contact.

R. E.

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