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DS SMITH PLC -Results of general meeting

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DS Smith Plc announces that, at the General Meeting held today, the resolution proposed to approve the Company’s acquisition of Papeles y Cartones de Europa, S.A., known as Europac, pursuant to the terms and subject to the conditions contained in the offer document to be approved by the Comisión Nacional del Mercado de Valores (the Spanish Securities and Exchange Commission) (as set out in full in the Notice of General Meeting dated 19 June 2018) was passed as an ordinary resolution.
The voting figures for the Resolution are set out below.

ForAgainst
Votes%Votes%Total Votes castVotes Withheld
793,616,97599,9940,5820,01793,657,557793,758

1. Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld).

2. A vote withheld is not a vote in law and is not included in the calculation of the votes "For" or "Against" the Resolution, nor the calculation of the total votes cast.

3. Any proxy appointments which gave discretion to the Chairman have been included in the "For" total.

The total number of Ordinary Shares in issue as at close of business on 10 July 2018 was 1074584333. Shareholders are entitled to one vote per Ordinary Share held. Votes were cast in respect of approximately 73.86% of the Company’s issued share capital.

Gareth Davis, Chairman, said "We are delighted with the very high level of support from our shareholders for this exciting opportunity for DS Smith. The acquisition has a highly compelling strategic rationale and we expect that it will create significant value for customers and consistent and attractive returns for DS Smith shareholders, strengthening our position as a leading global supplier of sustainable packaging solutions"

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