M&G PLC, through M&G Investment Management Limited, has disclosed a 2.06% interest in Smith (DS) Plc. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, includes the ownership and control of 28,389,216 relevant securities of Smith (DS) Plc as of 27 February 2024. M&G also clarified that it does not have discretion regarding voting rights in respect of 124,485 shares included in the total. Additionally, the disclosure includes details of a sale of 29,942 securities at a price of £3.1877 per unit.
The disclosure does not include any indemnity or other dealing 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, and the date of disclosure is 28 February 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.