REG - Smith (DS) PLC Bank of America Corp - Holding(s) in Company

DS SmithAnnouncement

31/01/2025 16:15

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RNS Number : 5241V  Smith (DS) PLC  31 January 2025

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0008220112

Issuer Name

DS SMITH PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

Other

Comments

Legal Entity level crossing - See Section 9

3. Details of person subject to the notification obligation

Name

Bank of America Corporation

City of registered office (if applicable)

 

Country of registered office (if applicable)

US

4. Details of the shareholder

 Name                         City of registered office  Country of registered office
 Merrill Lynch International  London                     United Kingdom

5. Date on which the threshold was crossed or reached

29-Jan-2025

6. Date on which Issuer notified

30-Jan-2025

7. Total positions of person(s) subject to the notification obligation

                                                                            % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer
 Resulting situation on the date on which threshold was crossed or reached  5.920459                                              1.014552                                                                   6.935011                        95738210
 Position of previous notification (if applicable)                          5.018557                                              0.981495                                                                   6.000052

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)
 GB0008220112                                                                          81732273                                                                         5.920459
 Sub Total 8.A                                81732273                                                                              5.920459%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is  % of voting rights
                                                                            exercised/converted
 Right to Recall               N/A              N/A                         19502                                                              0.001413
 Sub Total 8.B1                                                             19502                                                              0.001413%

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights
 Swaps                         12/02/2025       N/A                         Cash                         21298                    0.001543
 Swaps                         31/03/2025       N/A                         Cash                         425000                   0.030786
 Swaps                         06/05/2025       N/A                         Cash                         12292                    0.000890
 Swaps                         19/05/2025       N/A                         Cash                         1689524                  0.122384
 Swaps                         30/06/2025       N/A                         Cash                         401                      0.000029
 Swaps                         31/07/2025       N/A                         Cash                         90820                    0.006579
 Swaps                         29/08/2025       N/A                         Cash                         67450                    0.004886
 Swaps                         30/09/2025       N/A                         Cash                         426                      0.000031
 Swaps                         28/11/2025       N/A                         Cash                         165093                   0.011959
 Swaps                         29/12/2025       N/A                         Cash                         81817                    0.005927
 Swaps                         12/01/2026       N/A                         Cash                         242619                   0.017575
 Swaps                         13/01/2026       N/A                         Cash                         83875                    0.006076
 Swaps                         16/01/2026       N/A                         Cash                         31152                    0.002257
 Swaps                         19/01/2026       N/A                         Cash                         142502                   0.010322
 Swaps                         23/01/2026       N/A                         Cash                         14398                    0.001043
 Swaps                         30/01/2026       N/A                         Cash                         39571                    0.002866
 Swaps                         10/02/2026       N/A                         Cash                         310398                   0.022484
 Swaps                         16/02/2026       N/A                         Cash                         555655                   0.040250
 Swaps                         17/02/2026       N/A                         Cash                         15880                    0.001150
 Swaps                         27/02/2026       N/A                         Cash                         757240                   0.054852
 Swaps                         21/05/2026       N/A                         Cash                         21460                    0.001555
 Swaps                         31/07/2026       N/A                         Cash                         2420000                  0.175298
 Swaps                         16/08/2027       N/A                         Cash                         1084987                  0.078593
 Swaps                         15/09/2027       N/A                         Cash                         346611                   0.025108
 Swaps                         15/02/2028       N/A                         Cash                         171027                   0.012389
 Swaps                         26/11/2029       N/A                         Cash                         763424                   0.055300
 Swaps                         27/11/2029       N/A                         Cash                         45276                    0.003280
 Swaps                         29/11/2029       N/A                         Cash                         162338                   0.011759
 Swaps                         03/12/2029       N/A                         Cash                         764093                   0.055349
 Swaps                         05/12/2029       N/A                         Cash                         378490                   0.027417
 Swaps                         06/12/2029       N/A                         Cash                         87013                    0.006303
 Swaps                         11/12/2029       N/A                         Cash                         381335                   0.027623
 Swaps                         12/12/2029       N/A                         Cash                         790829                   0.057285
 Swaps                         13/12/2029       N/A                         Cash                         161209                   0.011678
 Swaps                         17/12/2029       N/A                         Cash                         1213843                  0.087927
 Swaps                         18/12/2029       N/A                         Cash                         71503                    0.005179
 Swaps                         19/12/2029       N/A                         Cash                         24174                    0.001751
 Swaps                         20/12/2029       N/A                         Cash                         38036                    0.002755
 Swaps                         24/12/2029       N/A                         Cash                         1225                     0.000089
 Swaps                         27/12/2029       N/A                         Cash                         5338                     0.000387
 Swaps                         31/12/2029       N/A                         Cash                         4618                     0.000335
 Call Option                   19/02/2025       N/A                         Cash                         302195                   0.021890
 Sub Total 8.B2                                                                                          13986435                 1.013139%

9. Information in relation to the person subject to the notification
obligation

2. Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with the
ultimate controlling natural person or legal entities (please add additional
rows as necessary)

 Ultimate controlling person  Name of controlled undertaking         % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                                 than the notifiable threshold
 Bank of America Corporation  Bank of America, National Association
 Bank of America Corporation  Merrill Lynch International            5.901788                                                                                                                                                6.146529%
 Bank of America Corporation  BofA Securities Europe SA

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

 

12. Date of Completion

30-Jan-2025

13. Place Of Completion

United Kingdom

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