19th Feb 2016 16:25
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 qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( X )
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments ( )
An event changing the breakdown of voting rights: ( )
Other (please specify): ( )
3. Full name of person(s) subject to the notification obligation (iii):
Aviva plc & its subsidiaries
4. Full name of shareholder(s) (if different from 3.)
Registered Holder:
Available on request 31,899*
BNY Norwich Union Nominees Limited 1,712,899*
Chase (GA Group) Nominees Limited 23,495,109*
Chase Nominees Limited 295,911*
CUIM Nominee Limited 601,173*
State Street Nominees Limited 8,526,497*
* denotes direct interest
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
18 February 2016
6. Date on which issuer notified:
19 February 2016
7. Threshold(s) that is/are crossed or reached:
3% to 4% Change at Direct Interest Level (Box 8A+B+C)
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||
Ordinary Shares GB0008220112 |
33,759,105* |
33,759,105* |
34,663,488 |
34,663,488 |
Not disclosable |
3.67% |
Not disclosable | ||||
| |||||||||||
*INC. RIGHT TO RECALL LOANED SHARES (5,340,098)
B: Qualifying Financial Instruments
| |||||||||||
Resulting situation after the triggering transaction | |||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||
RIGHT TO RECALL LOANED SHARES | N/A | N/A | 3,175,999 *
* Direct Interest | 0.34% | |||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction | ||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |
| Nominal | Delta | ||||
| ||||||
Total (A+B+C)
Number of voting rights | Percentage of voting rights |
37,839,487 | 4.01% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
The voting rights are managed and controlled by Aviva Investors Global Services Limited and Friends Provident International Limited, with the following chains of controlled undertakings:-
Aviva Investors Global Services Limited:
· Aviva plc (Parent Company)
· Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)
· Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group Holdings Limited)
· Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva Investors Holdings Limited)
Friends Provident International Limited:
· Aviva plc (Parent Company)
· Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)
· Aviva Life Holdings UK Limited (wholly owned subsidiary of Aviva Group Holdings Limited)
· Friends Life FPG Limited (wholly owned subsidiary of Aviva Life Holdings UK Limited)
· Friends Life FPL Limited (wholly owned subsidiary of Friends Life FPG Limited)
· Friends Life Limited (wholly owned subsidiary of Friends Life FPL Limited)
· Friends Life and Pensions Limited (wholly owned subsidiary of Friends Life Limited)
· Friends Provident International Limited (wholly owned subsidiary of Friends Life and Pensions Limited)
Proxy Voting:
10. Name of the proxy holder: See Section 4
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:
Figures are based on the total number of voting rights of 944,743,788, as per the Company's announcement of 1 February 2016.
14. Contact name:
Neil Whittaker, Aviva plc
15. Contact telephone number: 01603 684420
Identity of the notifier, if applicable (xvii)
Full name:
Michael Hampson
Contact address:
DS Smith Plc, 7th Floor, 350 Euston Road, London NW1 3AX
Phone number:
020 7756 1800
Related Shares:
AvivaSmith (DS)