M&G PLC, through M&G Investment Management Limited, has disclosed a 2.14% interest in DS Smith Plc. The disclosure, made under Rule 8.3 of the Takeover Code, includes the ownership of 29,617,785 relevant securities. The disclosure also mentions dealings, including the sale of 223,331 securities at a price of £4.0037 per unit. Additionally, the disclosure states that M&G does not have discretion regarding voting rights in respect of 92,319 shares included in the total disclosed interest.
The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form is attached to the disclosure. The contact person for the disclosure is Hannah Azlin, with a provided telephone number for further inquiries.
This disclosure provides transparency regarding M&G PLC's position in DS Smith Plc and its recent dealings, in compliance with the regulatory requirements of the Takeover Code.