M&G PLC, through M&G Investment Management Limited, has disclosed a 2.06% interest in DS Smith Plc. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, includes the ownership and control of 28,419,158 relevant securities. M&G also clarified that it does not have discretion regarding voting rights in respect of 154,427 shares included in the total. The disclosure further details dealings in DS Smith Plc's securities, including purchases and sales of ordinary shares at various prices per unit.
The disclosure also indicates 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. Additionally, no supplemental form for open positions is attached to the disclosure.
This disclosure provides transparency regarding M&G PLC's position in DS Smith Plc and its recent dealings in the company's securities, in compliance with regulatory requirements.