M&G PLC, through M&G Investment Management Limited, has disclosed a 2.17% interest in Smith (DS) Plc. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, includes the ownership and control of 29,993,768 relevant securities. M&G clarified that it does not have discretion regarding voting rights in respect of 3,317,462 shares included in the total. The disclosure also detailed the recent sale of 123,727 and 20,000 securities at prices of £3.4850 and £3.4823 per unit, respectively.
The disclosure did not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form for open positions was attached to the disclosure. The contact person for the disclosure is George Rose, with a provided telephone number for further inquiries.
This disclosure provides transparency regarding M&G PLC's position in Smith (DS) Plc, ensuring compliance with regulatory requirements and offering insight into the company's recent dealings in relevant securities.