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):
4 October 2012
6. Date on which issuer notified:
5 October 2012
7. Threshold(s) that is/are crossed or reached:
Indirect holdings decreased to below 9%
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 |
91,816,816 91,816,816 |
|
|
|
|
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 |
|
|
|
82,839,095 |
|
8.936% |
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 |
82,839,095 |
8.936% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
80,373,157 shares (8.670%) 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.
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 926,978,024.
14. Contact name:
Andrew Kellett
15. Contact telephone number:
0113 235 7729
Identity of the notifier, if applicable (xvii)
Full name:
Matthew Jowett
Contact address:
DS Smith Plc, Beech House, Whitebrook Park, Maidenhead SL6 8XY
Phone number:
01628 583400