The following Announcement replaces the Holding(s) in Company announcement released at 1137hrs on 15 February 2011 under RNS No. 2587B.
An incorrect announcement was released and should be disregarded.
The full correct release appears below.
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Smith & Nephew PLC |
2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
x |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation:
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Newton Investment Management Ltd |
4. Full name of shareholder(s) (if different from 3.):
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5. Date of the transaction and date on which the threshold is crossed or reached:
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14/02/2011 |
6. Date on which issuer notified:
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15/02/2011 |
7. Threshold(s) that is/are crossed or reached:
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Increase from 4.99% to 5.00% |
8. Notified details: |
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A: Voting rights attached to shares
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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Sedol 0922320
Sedol 2615565
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44,464,043
500 (after conversion)
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4.99%
0.00%
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N/A |
N/A |
44,503,018
500 (after conversion)
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N/A |
5.00%
0.00%
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction
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Type of financial |
Expiration |
Exercise/ |
Number of voting
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% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction
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Type of financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights
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Nominal |
Delta
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Total (A+B+C)
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Number of voting rights |
Percentage of voting rights |
44,503,018 (sedol 0922320)
500 (sedol 2615565 after conversion) |
5.00%
0.00% |
9. Chain of controlled undertakings through which the voting rights and/or the |
Newton Investment Management Limited hold these shares as a discretionary Investment Manager. |
Proxy Voting:
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10. Name of the proxy holder:
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N/A |
11. Number of voting rights proxy holder will cease to hold:
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N/A |
12. Date on which proxy holder will cease to hold voting rights:
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N/A |
13. Additional information:
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14. Contact name:
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Asif S Lalani |
15. Contact telephone number:
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020 7163 5115 |
Gemma Parsons
Deputy Company Secretary
Smith & Nephew plc
Tel: 020 7401 7646