Business
Holding(s) in Company
Cevian Capital II GP Limited, through its managed funds, has increased its stake in Smith & Nephew Plc to 10.094356%, acquiring 85,790,848 voting rights. This represents a significant increase from their previous holding of 5.021046%. The acquisition was completed on March 19, 2026, and notified to the issuer on March 23, 2026. The shares are held indirectly via Aurora Nominees Limited, acting as nominee for UBS AG. Disclaimer*
About this update from Smith & Nephew Plc
[{"type":"text","content":"\n\nTR-1: Standard form for notification of major holdings\n\n1. Issuer Details\n\n\n\nISIN\n\n\nGB0009223206\n\n\nIssuer Name\n\n\nSMITH & NEPHEW PLC\n\n\nUK or Non-UK Issuer\n\n\nUK\n\n\n\n2. Reason for Notification\n\n\nAn acquisition or disposal of voting rights\n\n\n3. Details of person subject to the notification obligation\n\n\n\nName\n\n\nCevian Capital II GP Limited\n\n\nCity of registered office (if applicable)\n\n\nSt Helier\n\n\nCountry of registered office (if applicable)\n\n\nJersey\n\n\n\n4. Details of the shareholder\n\n\n\n\n\n\nName\n\n\nCity of registered office\n\n\nCountry of registered office\n\n\n\n\nAurora Nominees Limited\n\n\nLondon\n\n\nEngland\n\n\n\n\n\n\n5. Date on which the threshold was crossed or reached\n\n\n19-Mar-2026\n\n\n6. Date on which Issuer notified\n\n\n23-Mar-2026\n\n\n7. Total positions of person(s) subject to the notification obligation\n\n\n\n\n\n\n\n\n% of voting rights attached to shares (total of 8.A)\n\n\n% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)\n\n\nTotal of both in % (8.A + 8.B)\n\n\nTotal number of voting rights held in issuer\n\n\n\n\nResulting situation on the date on which threshold was crossed or reached\n\n\n10.094356\n\n\n0.000000\n\n\n10.094356\n\n\n85790848\n\n\n\n\nPosition of previous notification (if applicable)\n\n\n5.021046\n\n\n0.000000\n\n\n5.021046\n\n\n\n\n\n\n\n\n8. Notified details of the resulting situation on the date on which the threshold was crossed or reached\n\n\n8A. Voting rights attached to shares\n\n\n\n\n\n\nClass/Type of shares ISIN code(if possible)\n\n\nNumber of direct voting rights (DTR5.1)\n\n\nNumber of indirect voting rights (DTR5.2.1)\n\n\n% of direct voting rights (DTR5.1)\n\n\n% of indirect voting rights (DTR5.2.1)\n\n\n\n\nGB0009223206\n\n\n\n\n\n85790848\n\n\n\n\n\n10.094356\n\n\n\n\nSub Total 8.A\n\n\n85790848\n\n\n10.094356%\n\n\n\n\n\n\n8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))\n\n\n\n\n\n\nType of financial instrument\n\n\nExpiration date\n\n\nExercise/conversion period\n\n\nNumber of voting rights that may be acquired if the instrument is exercised/converted\n\n\n% of voting rights\n\n\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSub Total 8.B1\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))\n\n\n\n\n\n\...