Holding(s) in Company

RNS Number : 5181G

Smith (DS) PLC

12 May 2011

 



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):

11 May 2011

6. Date on which issuer notified:

12 May 2011

7. Threshold(s) that is/are crossed or reached:

    Direct/Indirect holdings decreased to below 6%

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	26,763,151                                  26,763,151

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
	6,825,891	6,825,891	18,551,874	1.567%	4.259%

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
25,377,765	5.826%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable ^(xv):

24,385,621 shares (5.598%) 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, 5,312,596 shares (1.220%) 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 435,581,290

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

 

END

 

 

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