REG - Smith (DS) PLC JPMorgan Chase & Co - Holding(s) in Company

DS SmithAnnouncement

31/01/2025 16:45

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RNS Number : 5297V  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

An acquisition or disposal of voting rights; An acquisition or disposal of
financial instruments

3. Details of person subject to the notification obligation

Name

JPMorgan Chase & Co.

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
 J.P. Morgan Securities plc

5. Date on which the threshold was crossed or reached

29-Jan-2025

6. Date on which Issuer notified

31-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  8.986393                                              0.429854                                                                   9.416247                        129991809
 Position of previous notification (if applicable)                          6.095080                                              3.369966                                                                   9.465046

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                                                                          124057661                                                                        8.986393
 Sub Total 8.A                                124057661                                                                             8.986393%

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

 Sub Total 8.B1

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
 Cash-settled Equity Swap      10/02/2025       10/02/2025                  Cash                         2144758                  0.155360
 Cash-settled Equity Swap      30/04/2025       30/04/2025                  Cash                         543129                   0.039343
 Cash-settled Equity Swap      27/06/2025       27/06/2025                  Cash                         1828                     0.000132
 Cash-settled Equity Swap      27/08/2025       27/08/2025                  Cash                         67201                    0.004868
 Cash-settled Equity Swap      02/09/2025       02/09/2025                  Cash                         112562                   0.008154
 Cash-settled Equity Swap      02/10/2025       02/10/2025                  Cash                         223836                   0.016214
 Cash-settled Equity Swap      05/11/2025       05/11/2025                  Cash                         6000                     0.000435
 Cash-settled Equity Swap      19/11/2025       19/11/2025                  Cash                         12198                    0.000884
 Cash-settled Equity Swap      24/11/2025       24/11/2025                  Cash                         778403                   0.056385
 Cash-settled Equity Swap      02/12/2025       02/12/2025                  Cash                         1657429                  0.120060
 Cash-settled Equity Swap      17/12/2025       17/12/2025                  Cash                         2013                     0.000146
 Cash-settled Equity Swap      31/12/2025       31/12/2025                  Cash                         28370                    0.002055
 Cash-settled Equity Swap      19/01/2026       19/01/2026                  Cash                         6182                     0.000448
 Cash-settled Equity Swap      10/02/2026       10/02/2026                  Cash                         63100                    0.004571
 Cash-settled Equity Swap      16/02/2026       16/02/2026                  Cash                         137557                   0.009964
 Cash-settled Equity Swap      18/02/2026       18/02/2026                  Cash                         12721                    0.000921
 Cash-settled Equity Swap      25/02/2026       25/02/2026                  Cash                         6762                     0.000490
 Cash-settled Equity Swap      29/07/2026       29/07/2026                  Cash                         130099                   0.009424
 Sub Total 8.B2                                                                                          5934148                  0.429854%

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
 JPMorgan Chase & Co.         J.P. Morgan Securities plc      8.980624                                                                                                                                                9.410477%
 JPMorgan Chase & Co.         J.P. Morgan Securities LLC
 JPMorgan Chase & Co.         J.P. Morgan SE

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

Chain of controlled undertakings:

JPMorgan Chase & Co.

JPMorgan Chase Bank, National Association (100%)

J.P. Morgan International Finance Limited (100%)

J.P. Morgan Capital Holdings Limited (100%)

J.P. Morgan Securities plc (100%)

JPMorgan Chase & Co.

JPMorgan Chase Holdings LLC (100%)

J.P. Morgan Broker-Dealer Holdings Inc. (100%)

J.P. Morgan Securities LLC (100%)

JPMorgan Chase & Co.

JPMorgan Chase Bank, National Association (100%)

J.P. Morgan International Finance Limited (100%)

J.P. Morgan SE (100%)

12. Date of Completion

31-Jan-2025

13. Place Of Completion

London, United Kingdom

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