M&G PLC Discloses Position in Smith (DS) PLC

M&G PLC, through M&G Investment Management Limited, has disclosed a 2.14% interest in Smith (DS) PLC. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that M&G owns and/or controls 29,625,277 relevant securities of Smith (DS) PLC. The disclosure also mentions that M&G does not have discretion regarding voting rights in respect of 92,319 shares included in the total above.

The disclosure further reveals that M&G has sold 11,716 securities of Smith (DS) PLC at a price of £3.9701 per unit. Additionally, the disclosure states that M&G has no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives in connection with Smith (DS) PLC.

This disclosure provides transparency about M&G's position in Smith (DS) PLC and its recent dealings, in compliance with the regulatory requirements.