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) : Initial notification as per regulatory requirement ( )
3. Full name of person(s) subject to the notification obligation (iii):
AXA S.A., 25 Avenue Matignon, 75008 Paris and its group of companies
4. Full name of shareholder(s) (if different from 3.) (iv):
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
25 November 2008
6. Date on which issuer notified:
26 November 2008
7. Threshold(s) that is/are crossed or reached:
10%
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) |
0822011 |
58,273,838 |
58,273,838 |
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 |
|
4,274,267 |
4,274,267 |
31,224,047 |
1.09 |
7.94 |
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 |
35,498,314 |
9.02% * |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
See attached schedule.
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:
14. Contact name:
Kyere Tabiri
15. Contact telephone number:
020 7003 1510
Identity of the notifier, if applicable (xvii)
Full name:
Carolyn Cattermole
Contact address:
DS Smith Plc, 4-16 Artillery Row, London SW1P 1RZ
Phone number:
020 7932 5030
SCHEDULE
9. Chain |
|
|
|
|
|
Name of Company/Fund |
Number of Shares |
% of issued share capital |
|
|
|
Alliance Capital Management Direct |
921,620.00 |
0.23430 |
AXA Direct |
780,480.00 |
0.19842 |
AXA Financial, Inc Indirect |
14,395,118.00 * |
3.65957 |
AXA IM UK Direct |
12,000.00 |
0.00305 |
AXA Rosenberg Direct |
2,457,567.00 |
0.624769336 |
AXA Rosenberg Indirect |
16,828,929.00 |
4.28 |
AXA Winterthur Direct |
102,600.00 |
0.02608325 |
|
|
|
Total Direct Total Indirect |
4,274,267 31,224,047 |
1.08662 7.93786 |
TOTAL |
35,498,314 |
9.02448 |
*We have been advised by AXA S.A. that the previous disclosure overstated the position by an unspecified amount.