Holding(s) in Company
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
DS Smith Plc
2. Reason for the notification:
An acquisition or disposal of voting rights: ( X )
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify): ( )
3. Full name of person(s) subject to the notification obligation (iii):
Schroders plc
4. Full name of shareholder(s) (if different from 3.)
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
31 October 2013
6. Date on which issuer notified:
1 November 2013
7. Threshold(s) that is/are crossed or reached:
Above 5%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction (vi) |
|
|
Number of shares |
Number of voting Rights (viii) |
Ordinary GB0008220112 |
N/A |
N/A |
Resulting situation after the triggering transaction (vii)
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights (ix) |
% of voting rights |
|||
|
|
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
|
|
46,921,320 |
N/A |
46,921,320 |
N/A |
5.023% |
|
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of financial instrument |
Expiration Date (xiii) |
Exercise/Conversion Period/ Date (xiv) |
Number of voting rights that may be acquired if the instrument is exercised/ converted |
% of voting rights |
|
|
|
|
|
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to
|
% of voting rights xix, xx
|
|
|
|
|
|
|
Nominal |
Delta |
|
|
|||||
Call Option |
2.727 |
13/11/2013 |
N/A |
-547,274 |
-0.058% |
1 |
Call Option |
2.81103 |
26/11/2013 |
N/A |
-532,660 |
-0.057% |
1 |
Call Option |
2.99917 |
19/12/2013 |
N/A |
-597,054 |
-0.063% |
1 |
Call Option |
3.11944 |
16/12/2013 |
N/A |
-587,310 |
-0.062% |
1 |
Total (A+B+C)
Number of voting rights |
% of voting rights
|
46,921,320 |
5.023% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Cazenove Capital Management Ltd 34,260,785 3.667%
Schroder Investment Management Limited 12,382,609 1.326%
Schroder & Co Ltd 277,926 0.030%
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements. This disclosure has been calculated based on issue share capital amount 934,175,715
14. Contact name:
Laura Whelan
15. Contact telephone number:
0207 658 6000
Identity of the notifier, if applicable (xvii)
Full name:
Matthew Jowett
Contact address:
DS Smith Plc, 7th Floor, 350 Euston Road, London NW1 3AX
Phone number:
020 7756 1800
This information is provided by RNS