The Vanguard Group Discloses Position in Smith (DS) plc

The Vanguard Group, Inc. has publicly disclosed its position regarding the securities of Smith (DS) plc, as required by Rule 8.3 of the Takeover Code. The disclosure reveals that Vanguard holds an interest in 67,397,191 ordinary shares, representing 4.86% of Smith's total relevant securities as of January 30, 2025. This declaration occurs amid a corporate action involving International Paper Company.

The document outlines recent sales of 10p ordinary shares. Specifically, Vanguard sold 231,761 shares at 5.86 GBP per share and 904,344 shares at 5.96 GBP per share. The disclosure confirms no further agreements or derivative transactions related to these securities exist, reflecting a straightforward position.