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: ( )
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): ( X )
Change in the placing of new Ordinary Shares
3. Full name of person(s) subject to the notification obligation (iii):
Sparinvest Fondsmæglerselskab A/S
4. Full name of shareholder(s) (if different from 3.)
Threshold is exceeded through capacity of operator of multiple mutual funds/UCITS
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
14 July 2010
6. Date on which issuer notified:
16 July 2010
7. Threshold(s) that is/are crossed or reached:
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 |
20,349,831 |
20,349,831 |
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 |
|
20,349,831 |
20,349,831 |
|
4.70 |
|
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 |
20,349,831 |
4.70% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Investeringsforeningen Sparinvest
- Cumulus Value 965,277 0.22 %
- Value Aktier 11,471,526 2.65%
Undisclosed Institutional Mandate
- 300,047 0.07%
- 916,488 0.21%
Sparinvest SICAV
- Global Value EUR R 5,878,787 1.36%
- European Value EUR R 161,905 0.04%
- Ethical Global Value EUR R 655,801 0.15%
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:
Lise Bøgelund, Sparinvest Holding A/S, Kingosvej 1, 2630 Taastrup
15. Contact telephone number:
+45 363 475 74
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