M&G PLC, through M&G Investment Management Limited, has disclosed a 1.69% interest in DS Smith PLC. The disclosure, made under Rule 8.3 of the Takeover Code, includes 23,431,706 relevant securities owned and/or controlled. M&G clarified that it does not have discretion regarding voting rights in respect of 70,821 shares included in the total. The disclosure also details recent dealings, including the sale of 21,176 securities and the purchase of 893 securities, along with their respective prices per unit.
The disclosure also confirms that M&G has no indemnity or other dealing arrangements, agreements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure. The contact person for the disclosure is Hannah Azlin, with a provided telephone number for further inquiries.
This disclosure provides transparency regarding M&G PLC's position in DS Smith PLC, in accordance with regulatory requirements. It offers insight into M&G's recent dealings and its lack of additional agreements or arrangements related to the disclosed securities.