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: ( )
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): ( X ) Rights Issue
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):
23 February 2012
6. Date on which issuer notified:
24 February 2012
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 |
21,721,841 |
21,721,841 |
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 |
|
|
46,652,458 |
N/A |
46,652,458 |
N/A |
5.033% |
|
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 (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+C)
Number of voting rights |
% of voting rights
|
46,652,458 |
5.033% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Schroder Investment Management Limited - 45,937,428 (4.956%)
Schroder & Co - 715,030 (0.077%)
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.
14. Contact name:
Liz Friedman
15. Contact telephone number:
0207 658 6000
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