Smurfit Kappa Group PLC Holding(s) in Company (9180I)

TIDMSKG TIDMSDR

RNS Number : 9180I

Smurfit Kappa Group PLC

22 June 2017

Standard Form TR-1

Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant 
  issuer and to the Central Bank of Ireland)(i) 
------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying issuer of 
  existing shares to which voting rights are attached(ii) 
  : 
  Smurfit Kappa Group plc 
------------------------------------------------------------------------------------- 
 2. Reason for the notification (please tick the appropriate 
  box or boxes): 
  [ü] An acquisition or disposal of voting rights 
  [ ] An acquisition or disposal of financial instruments 
  [ ] An event changing the breakdown of voting rights 
  [ü ] Other (please specify)(iii) : Voluntary Group 
  Disclosure 
------------------------------------------------------------------------------------- 
 3. Details of person subject to the notification obligation(iv) 
  : 
 Name:                                  City and country of registered 
  Schroders plc                          office (if applicable): 
                                         London, United Kingdom 
-------------------------------------  ---------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.)(v) 
  : 
  Schroder Investment Management Limited 
------------------------------------------------------------------------------------- 
 5. Date on which the threshold was crossed or reached(vi) 
  : 
  19.06.2017 
------------------------------------------------------------------------------------- 
 6. Date on which issuer notified: 
  21.06.2017 
------------------------------------------------------------------------------------- 
 7. Threshold(s) that is/are crossed or reached: 
  Below 3% 
------------------------------------------------------------------------------------- 
 8. Total positions of person(s) subject to the notification 
  obligation: 
------------------------------------------------------------------------------------- 
                     % of voting        % of voting       Total of       Total number 
                      rights attached    rights through    both in %      of voting 
                      to shares          financial         (9.A + 9.B)    rights of 
                      (total of          instruments                      issuer(vii) 
                      9.A)               (total of 
                                         9.B.1 + 9.B.2) 
------------------  -----------------  ----------------  -------------  ------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached              3.136%             0.00%           3.136%      236,819,695 
------------------  -----------------  ----------------  -------------  ------------- 
 Position 
  of previous 
  notification 
  (if applicable)         3.214%             0.00%           3.214% 
------------------  -----------------  ----------------  -------------  ------------- 
 
 
 9. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reached(viii) 
  : 
-------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------------------------------------- 
 Class/type           Number of voting rights(ix)           % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
------------------- 
 
                              Direct            Indirect           Direct                   Indirect 
-------------------  ---------------------  -------------  -------------------  ------------------------------ 
               IE00B1RR8406                   7,426,397                                     3.136% 
------------------------------------------  -------------  -------------------  ------------------------------ 
 
 
 SUBTOTAL 
  A                                          7,426,397                           3.136% 
------------------------------------------  -------------  -------------------  ------------------------------ 
 
 B 1: Financial Instruments according to Regulation 17(1)(a) 
  of the Regulations 
-------------------------------------------------------------------------------------------------------------- 
 Type of financial     Expiration           Exercise/       Number of voting                  % of voting 
  instrument            date(x)              Conversion      rights that                       rights 
                                             Period(xi)      may be acquired 
                                                             if the instrument 
                                                             is exercised/converted. 
--------------------  -------------------  --------------  --------------------------------  ----------------- 
 
 
 
                        SUBTOTAL B.1 
                       ----------------------------------  --------------------------------  ----------------- 
 
 B 2: Financial Instruments with similar economic effect 
  according to Regulation 17(1)(b) of the Regulations 
-------------------------------------------------------------------------------------------------------------- 
 Type of              Expiration            Exercise/       Physical             Number       % of voting 
  financial            date(x)              Conversion      or cash              of voting     rights 
  instrument                                Period          settlement(xii)      rights 
                                            (xi) 
-------------------  --------------------  --------------  -------------------  -----------  ----------------- 
        N/A                   N/A                N/A               N/A              N/A             N/A 
-------------------  --------------------  --------------  -------------------  -----------  ----------------- 
 
 
                                                            SUBTOTAL                N/A             N/A 
                                                             B.2 
                                                           -------------------  -----------  ----------------- 
 
 
 
 10. Information in relation to the person subject to 
  the notification obligation (please tick the applicable 
  box): 
 
  [ ] Person subject to the notification obligation is 
  not controlled by any natural person or legal entity 
  and does not control any other undertaking(s) holding 
  directly or indirectly an interest in the (underlying) 
  issuer.(xiii) 
 
  [ü] 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 
  entity(xiv) : 
 Name(xv)                   % of voting       % of voting              Total of both 
                             rights if it      rights through           if it equals 
                             equals or is      financial instruments    or is higher 
                             higher than       if it equals             than the notifiable 
                             the notifiable    or is higher             threshold 
                             threshold         than the notifiable 
                                               threshold 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroders plc 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Administration 
  Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Wealth 
  Holdings Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder & Co. 
  Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 
 Schroders plc 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Administration 
  Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Investment 
  Management Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Investment 
  Management North 
  America Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 
 Schroders plc 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Administration 
  Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder International 
  Holdings Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Holdings 
  (Bermuda) Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder International 
  Holdings (Bermuda) 
  Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Investment 
  Management (Hong 
  Kong) Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 
 Schroders plc 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Administration 
  Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder International 
  Holdings Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder US 
  Holdings Inc. 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Investment 
  Management North 
  America Inc. 

-------------------------  ----------------  -----------------------  --------------------- 
 
 Schroders plc 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Administration 
  Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder International 
  Holdings Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Unit 
  Trusts Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 
 Schroders plc 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Administration 
  Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Investment 
  Management Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroders Korea 
  Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 
 Schroders plc 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Administration 
  Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder International 
  Holdings Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Investment 
  Management (Japan) 
  Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 
 Schroders plc 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Administration 
  Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder International 
  Holdings Limited 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder International 
  Finance B.V. 
-------------------------  ----------------  -----------------------  --------------------- 
 Schroder Investment 
  Management (Luxembourg) 
  S.A. 
-------------------------  ----------------  -----------------------  --------------------- 
 
 11. In case of proxy voting: [name of the proxy holder] 
  will cease to hold [% and number] voting rights as of 
  [date] 
------------------------------------------------------------------------------------------- 
 
 12. Additional information(xvi) : 
------------------------------------------------------------------------------------------- 
 

Done at 31 Gresham Street, London, EC2V 7QA on 21(st) June 2017.

 
 Annex: Notification of major holdings (only to be filed 
  with the Central Bank of Ireland and not with the relevant 
  issuer) 
 
 A: Identity of the person subject to the notification 
  obligation 
--------------------------------------------------------------- 
 Full name (including legal form for legal entities) 
  Schroders plc 
--------------------------------------------------------------- 
 Contact address (registered office for legal entities) 
  31 Gresham Street, London, EC2V 7QA 
--------------------------------------------------------------- 
 E-Mail 
  [e-mail] 
--------------------------------------------------------------- 
 Phone number / Fax number 
  [phone] 
--------------------------------------------------------------- 
 Other useful information (at least legal a contact person 
  for legal persons) 
--------------------------------------------------------------- 
 
 B: Identity of the notifier, if applicable 
--------------------------------------------------------------- 
 Full name 
  Shaheen Hussain 
--------------------------------------------------------------- 
 Contact address 
  31 Gresham Street, London, EC2V 7QA 
--------------------------------------------------------------- 
 E-Mail 
  [e-mail] 
--------------------------------------------------------------- 
 Phone number / Fax number 
  [phone] 
--------------------------------------------------------------- 
 Other useful information (e.g. functional relationship 
 with the person or legal entity subject to the notification 
 obligation) 
--------------------------------------------------------------- 
 
 C: Additional information: 
--------------------------------------------------------------- 
 

Notes

(i) . Persons completing this form should have regard to the requirements of the Transparency (Directive 2004/109/EC) Regulations 2007 as amended (the "Regulations"), the Central Bank of Ireland's Transparency Rules (the "Transparency Rules") and Commission Delegated Regulation (EU) 2015/761 of 17 December 2014.

(ii) Full name of the legal entity and other identifying specification of the issuer or underlying issuer, provided it is reliable and accurate (e.g. address, LEI, domestic number identity).

(iii) Other reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding (e.g. expiring of financial instruments) or acting in concert.

(iv) This should be the full name of (a) the shareholder; (b) the natural person or legal entity acquiring, disposing of or exercising voting rights in the cases provided for in Regulation 15(b) to (h) of the Regulations (Article 10 (b) to (h) of Directive 2004/109/EC); or (c) the holder of financial instruments referred to in Regulation 17(1) of the Regulations (Article 13(1) of Directive 2004/109/EC).

As the disclosure of cases of acting in concert may vary due to the specific circumstances (e.g. same or different total positions of the parties, entering or exiting of acting in concert by a single party) the standard form does not provide for a specific method how to notify cases of acting in concert.

In relation to the transactions referred to in points (b) to (h) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the following list is provided as an indication of the persons who should be mentioned:

- in the circumstances foreseen in letter (b) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the natural person or legal entity that acquires the voting rights and is entitled to exercise them under the agreement and the natural person or legal entity who is transferring temporarily for consideration the voting rights;

- in the circumstances foreseen in letter (c) of the Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the natural person or legal entity holding the collateral, provided the person or entity controls the voting rights and declares its intention of exercising them, and natural person or legal entity lodging the collateral under these conditions;

- in the circumstances foreseen in letter (d) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the natural person or legal entity who has a life interest in shares if that person or entity is entitled to exercise the voting rights attached to the shares and the natural person or legal entity who is disposing of the voting rights when the life interest is created;

- in the circumstances foreseen in letter (e) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the controlling natural person or legal entity and, provided it has a notification duty at an individual level under Regulation 14 of the Regulations (Article 9 of Directive 2004/109/EC), under letters (a) to (d) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC) or under a combination of any of those situations, the controlled undertaking;

- in the circumstances foreseen in letter (f) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the deposit taker of the shares, if he can exercise the voting rights attached to the shares deposited with him at his discretion, and the depositor of the shares allowing the deposit taker to exercise the voting rights at his discretion;

- in the circumstances foreseen in letter (g) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the natural person or legal entity that controls the voting rights;

- in the circumstances foreseen in letter (h) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the proxy holder, if he can exercise the voting rights at his discretion, and the shareholder who has given his proxy to the proxy holder allowing the latter to exercise the voting rights at his discretion (e.g. management companies).

(v) Applicable in the cases provided for in Regulation 15(b) to (h) of the Regulations (Article 10 (b) to (h) of Directive 2004/109/EC). This should be the full name of the shareholder who is the counterparty to the natural person or legal entity referred to in Regulation 15 of the Regulations (Article 10 Directive 2004/109/EC) unless the percentage of voting rights held by the shareholder is lower than the lowest notifiable threshold for the disclosure of voting rights holdings in accordance with the requirements of the Regulations and the Transparency Rules.

(vi) The date on which threshold is crossed or reached should be the date on which the acquisition or disposal took place or the other reason triggered the notification obligation. For passive crossings, the date when the corporate event took effect.

(vii) The total number of voting rights shall be composed of all the shares, including depository receipts representing shares, to which voting rights are attached even if the exercise thereof is suspended.

(viii) If the holding has fallen below the lowest applicable threshold in accordance with the Regulations and the Transparency Rules the holder is not obliged to disclose the extent of the holding only that the holding is "below 3%" or "below 5%" as appropriate.

(ix) In case of combined holdings of shares with voting rights attached "direct holding" and voting rights "indirect holding", please split the voting rights number and percentage into the direct and indirect columns - if there is no combined holdings, please leave the relevant box blank.

(x) Date of maturity/expiration of the financial instrument i.e. the date when right to acquire shares ends.

(xi) If the financial instrument has such a period - please specify this period - for example once every 3 months starting from [date].

(xii) In case of cash settled instruments the number and percentages of voting rights is to be presented on a delta-adjusted basis (Regulation 17(4) of the Regulations/Article 13(1a) of Directive 2004/109/EC).

(xiii) If the person subject to the notification obligation is either controlled and/or does control another undertaking then the second option applies.

(xiv) The full chain of controlled undertakings, starting with the ultimate controlling natural person or legal entity, has to be presented also in cases in which only on subsidiary level a threshold is crossed or reached and the subsidiary undertaking discloses the notification, as only thus will the markets get a full picture of the group holdings. In the case of multiple chains through which the voting rights and/or financial instruments are effectively held, the chains have to be presented chain by chain leaving a row free between different chains (e.g.: A, B, C, free row, A, B, D, free row, A, E, F etc.).

(xv) The names of controlled undertakings through which the voting rights and/or financial instruments are effectively held have to be presented irrespective of whether the controlled undertakings cross or reach the lowest applicable threshold themselves.

(xvi) Example: Correction of a previous notification.

This information is provided by RNS

The company news service from the London Stock Exchange

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June 22, 2017 09:15 ET (13:15 GMT)