M&G PLC has disclosed its position in BHP Group Ltd, as of 25 April 2024. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that M&G holds 0.35% of the ordinary NPV shares in BHP Group Ltd, amounting to 18,245,761 shares. It's important to note that M&G does not have discretion regarding voting rights in respect of 528,195 shares included in the total. The disclosure also mentions that M&G is making disclosures in respect of another party to the offer, Anglo American Plc.
The disclosure does not include any purchases, sales, cash-settled derivative transactions, stock-settled derivative transactions, or other dealings. Additionally, there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives included in the disclosure.
This disclosure provides transparency about M&G's interests and short positions in BHP Group Ltd, in accordance with the regulatory requirements. It offers insights into M&G's holdings and its involvement in relevant securities, contributing to a clearer understanding of the company's position in the market.