M&G PLC, through its subsidiaries, M&G Investment Management Limited and M&G Investments Southern Africa (Pty) Ltd, has disclosed a 1.31% interest in Anglo American Plc. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, includes the ownership and control of 17,651,798 USD 0.54945 ordinary shares as of 30 April 2024. Additionally, M&G has clarified that it does not have discretion regarding voting rights in respect of 461,076 shares included in the total above.
The disclosure also indicates that M&G has made dealings in Anglo American Plc's securities, including the purchase and sale of 29,050 shares at 617 ZAR per unit and the sale of 75,353 shares at 625.43 ZAR per unit. Furthermore, the disclosure states that M&G does not have any indemnity or other dealing arrangements related to relevant securities, and there are no agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides transparency regarding M&G PLC's position in Anglo American Plc and its recent dealings in the company's securities, in compliance with regulatory requirements. It offers insights into M&G's ownership and control of relevant securities, as well as its lack of discretion in certain voting rights. The disclosure also emphasizes the absence of indemnity or other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives.