M&G PLC, through M&G Investment Management Limited, has disclosed a 2.20% interest in Smith (DS) PLC. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, includes the ownership and control of 30,304,307 relevant securities of Smith (DS) PLC as of 14 March 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, M&G disclosed a sale of 656 securities at a price of £3.3570 per unit. The company also confirmed that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. No supplemental form was attached to the disclosure.