28th Feb 2014 08:38
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):
26 February 2014
6. Date on which issuer notified:
27 February 2014
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 | 46,673,677 | 46,673,677 |
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 |
|
| 47,035,427 | N/A | 37,806,247 | N/A | 4.047% |
|
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 financialinstrument | 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
|
47,035,427 | 5.035% |
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 8,332,985 0.892%
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 934,243,794.
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
Related Shares:
SchrodersSmith (DS)