Holding(s) in Company

Smith (DS) PLC

06 December 2024

 

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

Bank of America Corporation

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
Merrill Lynch International	London	United Kingdom

5. Date on which the threshold was crossed or reached

05-Dec-2024

6. Date on which Issuer notified

06-Dec-2024

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	5.027865	0.745753	5.773618	79704900
Position of previous notification (if applicable)	0.000000	0.505631	0.505631

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		69409767		5.027865
Sub Total 8.A	69409767		5.027865%

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
Right to Recall	n/a	n/a	155064	0.011232
Sub Total 8.B1			155064	0.011232%

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
Swaps	31/01/2025	N/A	Cash	303	0.000022
Swaps	03/03/2025	N/A	Cash	1174462	0.085075
Swaps	31/03/2025	N/A	Cash	100000	0.007244
Swaps	06/05/2025	N/A	Cash	12292	0.000890
Swaps	19/05/2025	N/A	Cash	1689524	0.122385
Swaps	30/06/2025	N/A	Cash	270	0.000020
Swaps	31/07/2025	N/A	Cash	18044	0.001307
Swaps	29/08/2025	N/A	Cash	54266	0.003931
Swaps	30/09/2025	N/A	Cash	17506	0.001268
Swaps	28/11/2025	N/A	Cash	76814	0.005564
Swaps	29/12/2025	N/A	Cash	82431	0.005971
Swaps	16/02/2026	N/A	Cash	165164	0.011964
Swaps	21/05/2026	N/A	Cash	23179	0.001679
Swaps	31/07/2026	N/A	Cash	2700000	0.195581
Swaps	16/08/2027	N/A	Cash	1303187	0.094400
Swaps	15/09/2027	N/A	Cash	437979	0.031726
Swaps	15/02/2028	N/A	Cash	171027	0.012389
Swaps	26/11/2029	N/A	Cash	763424	0.055300
Swaps	27/11/2029	N/A	Cash	45276	0.003280
Swaps	29/11/2029	N/A	Cash	162338	0.011759
Swaps	03/12/2029	N/A	Cash	764093	0.055349
Swaps	05/12/2029	N/A	Cash	378490	0.027417
Sub Total 8.B2				10140069	0.734521%

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
Bank of America Corporation	Bank of America, National Association
Bank of America Corporation	Merrill Lynch International	5.026131		5.251036%
Bank of America Corporation	BofA Securities Europe SA

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

12. Date of Completion

06-Dec-2024

13. Place Of Completion

United Kingdom

 

END