Holding(s) in Company

RNS Number : 4639B
Smith (DS) PLC
04 March 2014
 



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):

28 February 2014

 

6. Date on which issuer notified:

3 March 2014

 

7. Threshold(s) that is/are crossed or reached:

    Below 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

47,035,427

37,806,247

 

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

 

 

46,593,095

N/A

37,363,915

N/A

3.999%

 

 

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
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

 

CFD

N/A

N/A

N/A

9,229,180

Nominal

Delta

0.988%

1

Total (A+B+C)

Number of voting rights

% of voting rights

 

46,593,095

4.987%

 

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             38,607,290              4.132%  

Schroder Investment Management Limited    7,890,653             0.845%  

Schroder & Co Ltd                                               95,152              0.010%  

 

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 934,253,693.

 

14. Contact name:
      
Scott Dickenson

 

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
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