DS Smith (GB:SMDS) has released an update.
JPMorgan Chase & Co. has crossed a significant threshold in its holdings in DS Smith PLC, a UK-based company, with a combined total of 5.050753% of voting rights through shares and financial instruments as of June 28, 2024. The financial instruments primarily include various cash-settled equity swaps with expiration dates extending up to 2025. DS Smith was formally notified of these changes on July 2, 2024, marking a notable change in the ownership structure from the previous position, which was below the minimum threshold.
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