M&G PLC Discloses Position in DS Smith Plc

M&G PLC, through M&G Investment Management Limited, has disclosed a 2.05% interest in DS Smith Plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that M&G owns and/or controls 28,394,183 relevant securities of DS Smith Plc. The disclosure also mentions that M&G does not have discretion regarding voting rights in respect of 70,821 shares that are included in the total above.

The disclosure further reveals that M&G has sold 21,535 securities of DS Smith Plc at a price of £4.5180 per unit. Additionally, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.

This disclosure provides transparency about M&G PLC's position in DS Smith Plc and its recent dealings, in compliance with the regulatory requirements.