DS Smith (GB:SMDS) has released an update.
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DS Smith PLC has reported a change in major holdings, with JPMorgan Chase & Co. crossing a threshold in voting rights, both through direct share ownership and financial instruments such as cash-settled equity swaps. The transaction, which took place on July 23, 2024, resulted in JPMorgan Chase & Co. holding a total of 6.169% of voting rights in DS Smith PLC as of that date. The detailed chain of controlled undertakings through which the voting rights are held was also disclosed, indicating significant financial activity and potential influence by JPMorgan Chase & Co. over DS Smith PLC.
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