M&G PLC, through M&G Investment Management Limited, has disclosed a 2.18% interest in DS Smith Plc. The disclosure, made under Rule 8.3 of the Takeover Code, includes the ownership of 30,137,495 relevant securities. M&G also clarified that it does not have discretion regarding voting rights in respect of 3,441,189 shares included in the total. The disclosure also details recent dealings, including the sale of 13,776 securities at £3.3580 per unit and 102,360 securities at £3.4016 per unit.
The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure. The contact person for this disclosure is Syeda Fatima, and the date of disclosure is 20 March 2024. Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.