29th Jan 2025 11:42
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB0008220112
Issuer Name
DS SMITH PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
JPMorgan Chase & Co.
City of registered office (if applicable)
Country of registered office (if applicable)
US
4. Details of the shareholder
Name | City of registered office | Country of registered office |
J.P. Morgan Securities plc |
5. Date on which the threshold was crossed or reached
24-Jan-2025
6. Date on which Issuer notified
28-Jan-2025
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer | |
Resulting situation on the date on which threshold was crossed or reached | 3.047653 | 6.540583 | 9.588236 | 132366140 |
Position of previous notification (if applicable) | 2.749588 | 6.454848 | 9.204436 |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
GB0008220112 | 42073024 | 3.047653 | ||
Sub Total 8.A | 42073024 | 3.047653% | ||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
| ||||
Sub Total 8.B1 | ||||
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
Cash-settled Equity Swap | 10/02/2025 | 10/02/2025 | Cash | 2144758 | 0.155360 |
Cash-settled Equity Swap | 30/04/2025 | 30/04/2025 | Cash | 502313 | 0.036386 |
Cash-settled Equity Swap | 08/05/2025 | 08/05/2025 | Cash | 12821765 | 0.928773 |
Cash-settled Equity Swap | 14/05/2025 | 14/05/2025 | Cash | 11165716 | 0.808813 |
Cash-settled Equity Swap | 11/06/2025 | 11/06/2025 | Cash | 3276518 | 0.237342 |
Cash-settled Equity Swap | 17/06/2025 | 17/06/2025 | Cash | 25939203 | 1.878964 |
Cash-settled Equity Swap | 27/06/2025 | 27/06/2025 | Cash | 2876 | 0.000208 |
Cash-settled Equity Swap | 30/06/2025 | 30/06/2025 | Cash | 1200000 | 0.086925 |
Cash-settled Equity Swap | 20/08/2025 | 20/08/2025 | Cash | 4757224 | 0.344600 |
Cash-settled Equity Swap | 26/08/2025 | 26/08/2025 | Cash | 9073 | 0.000657 |
Cash-settled Equity Swap | 27/08/2025 | 27/08/2025 | Cash | 71310 | 0.005165 |
Cash-settled Equity Swap | 02/09/2025 | 02/09/2025 | Cash | 112562 | 0.008154 |
Cash-settled Equity Swap | 18/09/2025 | 18/09/2025 | Cash | 9762701 | 0.707183 |
Cash-settled Equity Swap | 24/09/2025 | 24/09/2025 | Cash | 3500000 | 0.253530 |
Cash-settled Equity Swap | 02/10/2025 | 02/10/2025 | Cash | 223836 | 0.016214 |
Cash-settled Equity Swap | 08/10/2025 | 08/10/2025 | Cash | 11998510 | 0.869139 |
Cash-settled Equity Swap | 05/11/2025 | 05/11/2025 | Cash | 6000 | 0.000435 |
Cash-settled Equity Swap | 19/11/2025 | 19/11/2025 | Cash | 20111 | 0.001457 |
Cash-settled Equity Swap | 24/11/2025 | 24/11/2025 | Cash | 917750 | 0.066479 |
Cash-settled Equity Swap | 02/12/2025 | 02/12/2025 | Cash | 1484742 | 0.107551 |
Cash-settled Equity Swap | 17/12/2025 | 17/12/2025 | Cash | 2013 | 0.000146 |
Cash-settled Equity Swap | 31/12/2025 | 31/12/2025 | Cash | 34809 | 0.002521 |
Cash-settled Equity Swap | 19/01/2026 | 19/01/2026 | Cash | 6182 | 0.000448 |
Cash-settled Equity Swap | 10/02/2026 | 10/02/2026 | Cash | 61300 | 0.004440 |
Cash-settled Equity Swap | 16/02/2026 | 16/02/2026 | Cash | 121381 | 0.008793 |
Cash-settled Equity Swap | 18/02/2026 | 18/02/2026 | Cash | 9505 | 0.000689 |
Cash-settled Equity Swap | 25/02/2026 | 25/02/2026 | Cash | 10859 | 0.000787 |
Cash-settled Equity Swap | 29/07/2026 | 29/07/2026 | Cash | 130099 | 0.009424 |
Sub Total 8.B2 | 90293116 | 6.540583% | |||
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
JPMorgan Chase & Co. | J.P. Morgan Securities plc | 3.040972 | 6.540583 | 9.581555% |
JPMorgan Chase & Co. | J.P. Morgan Securities LLC | |||
JPMorgan Chase & Co. | J.P. Morgan SE |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
Chain of controlled undertakings:JPMorgan Chase & Co.JPMorgan Chase Bank, National Association (100%)J.P. Morgan International Finance Limited (100%)J.P. Morgan Capital Holdings Limited (100%)J.P. Morgan Securities plc (100%)JPMorgan Chase & Co.JPMorgan Chase Holdings LLC (100%)J.P. Morgan Broker-Dealer Holdings Inc. (100%)J.P. Morgan Securities LLC (100%)JPMorgan Chase & Co.JPMorgan Chase Bank, National Association (100%)J.P. Morgan International Finance Limited (100%)J.P. Morgan SE (100%)
12. Date of Completion
28-Jan-2025
13. Place Of Completion
London
Related Shares:
Smith (DS)