M&G PLC, through M&G Investment Management Limited, has disclosed a 1.70% interest in Smith (DS) PLC. The disclosure, made under Rule 8.3 of the Takeover Code, includes the ownership and control of 23,474,707 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 includes details of recent dealings, such as the sale of 750,000 securities at £4.3258 per unit and the sale of 1,431,075 securities at £4.3464 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 Hannah Azlin, and the date of disclosure is 07 August 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.