M&G PLC, through M&G Investment Management Limited, has disclosed a position in SCS Group plc, representing 0.88% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that M&G PLC owns and/or controls 300,000 relevant securities of SCS Group plc. Additionally, M&G PLC has conducted a sale of 1,275,188 securities at a price of £2.6500 per unit.
The disclosure also states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form is attached to the disclosure.
This disclosure provides insight into M&G PLC's position in SCS Group plc and its recent dealings with the relevant securities. It offers transparency in accordance with the regulatory requirements of the Takeover Code.