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 qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments ( )
An event changing the breakdown of voting rights: ( )
Other (please specify): ( )
3. Full name of person(s) subject to the notification obligation (iii):
Standard Life Investments (Holdings) Limited (Parent Company) - 9.963%
Standard Life Investments Limited - 9.412%
Ignis Investment Services Limited - 0.055%
4. Full name of shareholder(s) (if different from 3.)
Vidacos Nominees\HSBC
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
24 March 2016
6. Date on which issuer notified:
25 March 2016
7. Threshold(s) that is/are crossed or reached:
Standard Life Investments (Holdings) Limited - 10%
Standard Life Investments Limited - 10%
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of
|
Situation previous |
Resulting situation after the triggering transaction |
|||||
Number |
Number |
Number |
Number of voting |
% of voting rights x |
|||
Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
|||
|
94,123,364 |
94,123,364 |
|
|
94,123,364 |
|
9.963% |
|
B: Qualifying Financial Instruments
|
||||
Resulting situation after the triggering transaction |
||||
Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
|
|
|
|
|
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction |
||||||
Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to
|
% of voting rights xix, xx
|
|
|
|
|
|
|
Nominal |
Delta |
|
|
Total (A+B+C)
Number of voting rights |
Percentage of voting rights |
94,123,364 |
9.963% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Standard Life Investments (Holdings) Limited (Parent Company) - 9.963% comprised of:
Standard Life Investments Limited - 9.412%
Ignis Investment Services Limited - 0.551%
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:
GIOS@standardlife.com
Standard Life Investments Ltd
15. Contact telephone number:
(0131) 245 6565
Identity of the notifier, if applicable (xvii)
Full name:
Michael Hampson
Contact address:
DS Smith Plc, 7th Floor, 350 Euston Road, London NW1 3AX
Phone number:
020 7756 1800