Holding(s) in Company

RNS Number : 1678S

Smith (DS) PLC

04 November 2013

 



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: (  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):

Schroders plc

4. Full name of shareholder(s) (if different from 3.)

5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):

31 October 2013

6. Date on which issuer notified:

1 November 2013

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

    Above 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	N/A	N/A

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 (x)	Indirect (xi)	Direct	Indirect
	46,921,320	N/A	46,921,320	N/A	5.023%

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

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of financial instrument	Exercise price	Expiration date xvii	Exercise/ Conversion period xviii	Number of voting rights instrument refers to	% of voting rights xix, xx
					Nominal	Delta
Call Option	2.727	13/11/2013	N/A	-547,274	-0.058%	1
Call Option	2.81103	26/11/2013	N/A	-532,660	-0.057%	1
Call Option	2.99917	19/12/2013	N/A	-597,054	-0.063%	1
Call Option	3.11944	16/12/2013	N/A	-587,310	-0.062%	1

Total (A+B+C)

Number of voting rights	% of voting rights
46,921,320	5.023%

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

Cazenove Capital Management Ltd                            34,260,785      3.667%   

Schroder Investment Management Limited                 12,382,609      1.326%

Schroder & Co Ltd                                                            277,926      0.030%

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:

The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements. This disclosure has been calculated based on issue share capital amount 934,175,715

14. Contact name:
       Laura Whelan

15. Contact telephone number:
       0207 658 6000

Identity of the notifier, if applicable (xvii)

Full name:

Matthew Jowett

Contact address:

DS Smith Plc, 7^th Floor, 350 Euston Road, London NW1 3AX

Phone number:

020 7756 1800

 

END

 

 

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