TR-1: Standard form for notification of major holdings
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NOTIFICATION OF MAJOR
HOLDINGS (to be sent to
the relevant issuer and to
the FCA in Microsoft Word format if possible)
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1a. Identity of the issuer or the underlying issuer of existing
shares to which voting rights are attached:
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SMITH
& NEPHEW PLC
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1b. Please indicate if the
issuer is a non-UK issuer (please mark with an "X" if
appropriate)
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Non-UK issuer
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2. Reason for the
notification (please mark
the appropriate box or boxes with an "X")
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An
acquisition or disposal of voting rights
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X
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An
acquisition or disposal of financial instruments
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An
event changing the breakdown of voting rights
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Other
(please specify):
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3. Details of person subject to the notification
obligation
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Name
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Cevian
Capital II GP Limited
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City
and country of registered office (if applicable)
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St
Helier, Jersey
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4. Full name of
shareholder(s) (if
different from 3)
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Name
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Aurora
Nominees Limited
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City
and country of registered office (if applicable)
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London,
UK
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5. Date on which the threshold was crossed or reached:
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02/07/2024
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6. Date on which issuer notified (DD/MM/YYYY):
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03/07/2024
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7. Total positions of person(s) subject to the notification
obligation:
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% of voting rights attached to shares
(total of 8.A)
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% of voting rights through financial instruments
(total of 8.B.1 + 8.B.2)
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Total of both in %
(8.A + 8.B)
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Total number of voting rights held in issuer
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Resulting
situation on the date on which threshold was crossed or
reached
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5.021046
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0.0000000
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5.021046
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43,901,527
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Position
of previous notification (if applicable)
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8. Notified details of the resulting situation on the date on which
the threshold was crossed or reached:
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A: Voting rights attached to shares
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Class/type of shares ISIN
code (if possible)
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Number of voting rights
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% of voting rights
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Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
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Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
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Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
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Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
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GB0009223206
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43,901,527
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5.0214046
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SUBTOTAL 8.A
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43,901,527
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5.021046%
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B 1: Financial Instruments according to Art. 13(1)(a) of Directive
2004/109/EC (DTR5.3.1.1 (a))
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Type of financial instrument
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Expiration date
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Exercise/ Conversion Period
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Number of voting rights that may be acquired if the instrument is
exercised/converted
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% of voting rights
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Shares on loan (right to recall)
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N/A
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At
any time
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SUBTOTAL 8.B.1
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B 2: Financial Instruments with similar economic effect according
to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1
(b))
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Type of financial instrument
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Expiration date
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Exercise/ Conversion Period
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Physical or cash settlement
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Number of voting rights
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% of voting rights
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SUBTOTAL 8.B.2
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9. Information in relation to
the person subject to the notification
obligation (please mark
the applicable box with an "X")
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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.
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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 (please add additional rows as
necessary)
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X
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Name
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% of voting rights if it equals or is higher than the notifiable
threshold
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% of voting rights through financial instruments if it equals or is
higher than the notifiable threshold
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Total of both if it equals or is higher than the notifiable
threshold
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Cevian Capital II G.P. Limited (ultimate controlling
person)
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5.021046
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5.021046%
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Cevian Capital II Master Fund L.P. (name of controlled
undertaking)
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5.021046
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5.021046%
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10. In case of proxy voting, please identify:
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Name
of the proxy holder
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The
number and % of voting rights held
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The
date until which the voting rights will be held
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11. Additional information:
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Cevian
Capital II G.P. Limited acts as a general partner for Cevian
Capital II Master Fund L.P.
The
legal owner of the shares is Aurora Nominees Limited (acting as
nominee), which holds the shares on behalf of UBS AG (acting as
custodian).
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Place of completion
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London
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Date of completion
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4
July 2024
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Smith & Nephew plc
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(Registrant)
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Date:
July 04, 2024
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By:
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/s/
Helen Barraclough
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Helen
Barraclough
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Company
Secretary
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