M&G PLC, through M&G Investment Management Limited, has disclosed a 1.96% interest in DS Smith PLC. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, includes the ownership and control of 27,159,686 relevant securities. 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 737,388 securities at £4.5807 per unit and 7,476 securities at £4.5946 per unit.
The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form for open positions is attached to the disclosure. The disclosure was made on 30 July 2024, and any public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.