Vanguard Group Discloses Position in Smith (DS) plc

The Vanguard Group, Inc. has released its Form 8.3, detailing its significant interest in Smith (DS) plc, as per Rule 8.3 of the Takeover Code. On 5th December 2024, Vanguard held a 4.93% interest in 10p ordinary shares of Smith (DS) plc, amounting to 68,106,928 shares.

Vanguard's disclosure also includes share purchases: 1,068 shares at 5.63 GBP per unit and 24,081 shares at 5.71 GBP per unit. The report confirms no cash-settled or stock-settled derivatives, nor any agreements concerning options or derivatives related to Smith.

The disclosure reveals no indemnity or other dealings that would induce Vanguard to trade in Smith's shares. Additionally, there are no arrangements impacting voting rights or the future acquisition or disposal of relevant securities.