The Vanguard Group Discloses Stake in Smith (DS) plc

The Vanguard Group, Inc., a significant player in the financial sector, has filed a Form 8.3 disclosure concerning its interests in Smith (DS) plc. Under Rule 8.3 of the Takeover Code, the disclosure reveals Vanguard's substantial stake, amounting to 4.94%, in the 10p ordinary shares of Smith (DS) plc as of 6 December 2024.

The disclosure also notes Vanguard's involvement with the International Paper Company, indicating multiple interests in related sector parties. A recent transaction involved the purchase of 85,377 shares at 5.62 GBP per share. No other dealings, derivatives, or new securities subscriptions were declared, and no additional positions or agreements were attached to the submission.