M&G PLC, through M&G Investment Management Limited, has disclosed a 1.85% interest in DS Smith PLC. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, includes the ownership of 25,655,782 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 indicates the sale of 578,484 securities at £4.3525 per unit and 17,646 securities at £4.3446 per unit. The company has stated that there are no indemnity or option arrangements related to relevant securities and no agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure. The contact person for the disclosure is George Rose, reachable at 020 8162 3276.