21st Feb 2011 15:51
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 (please state Yes/No):
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):
Lloyds Banking Group plc
4. Full name of shareholder(s) (if different from 3.)
See section 9
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
18 February 2011
6. Date on which issuer notified:
21 February 2011
7. Threshold(s) that is/are crossed or reached:
Direct/Indirect holdings increased to 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 - below reportable threshold | |
|
|
|
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 | Direct (x) | Indirect (xi) | Direct | Indirect | |
| 6,665,187 | 6,665,187 | 16,639,742 | 1.531% | 3.822% |
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 |
|
|
|
|
|
Total (A+B)
Number of voting rights | % of voting rights |
23,304,929 | 5.352% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
23,231,944 shares (5.336%) are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Investment Partnership Group Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Direct / Indirect Interests).
Within these holdings, 5,264,544 shares (1.209%) are managed on behalf of Clerical Medical Managed Funds Limited, a wholly owned subsidiary of Clerical Medical Investment Group Limited, a wholly owned subsidiaries of HBOS Financial Services Limited, a wholly owned subsidiary of HBOS Insurance & Investment Group Limited, a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc. These holdings are therefore disclosed as an overall Direct Interest.
Proxy Voting:
10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will cease to hold: N/A
12. Date on which proxy holder will cease to hold voting rights:N/A
13. Additional information:
Notification using the Total Voting Rights figure of 435,416,464
14. Contact name: Matthew Wilson
15. Contact telephone number: 0113 235 7729
Identity of the notifier, if applicable (xvii)
Full name:
Carolyn Cattermole
Contact address:
DS Smith Plc, Beech House, Whitebrook Park, Maidenhead SL6 8XY
Phone number:
01628 583400
Related Shares:
Smith (DS)