sn201102176k.htm
 
 
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549
 
 
Report of Foreign Private Issuer
 
 
Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of

1934
 
 
February 17, 2011
 
Commission File Number 001-14978




SMITH & NEPHEW plc
(Registrant's name)



15 Adam Street

London, England WC2N 6LA
(Address of registrant's principal executive offices)

 
[Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.]

 
Form 20-F X                Form 40-F
    ---                               ---

[Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1).]


Yes                        No X
---                         ---

 
[Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7).]

 
Yes                      No X
---                         ---

[Indicate by check mark whether by furnishing the information contained
in this Form, the registrant is also thereby furnishing information to the
Commission pursuant to Rule 12g3-2 (b) under the Securities Exchange Act of
1934.]

 
Yes                  No X
---                   ---

 
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2 (b) : 82- n/a.







 
 
SIGNATURES
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
Smith & Nephew Plc
(Registrant)
 
 
Date: February 17, 2011
 
 
By: /s/ Susan Henderson
-----------------
Susan Henderson
Company Secretary

 
 
 
 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
  Smith & Nephew PLC
 2 Reason for the notification (please tick the appropriate box or boxes):
 
An acquisition or disposal of voting rights
 x
 
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
  
 
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
  
 
An event changing the breakdown of voting rights
  
 
Other (please specify):
 
 
     
 3. Full name of person(s) subject to the notification obligation:
 
 Newton Investment Management Ltd
4. Full name of shareholder(s) (if different from 3.):
 
  
5. Date of the transaction and date on which the threshold is crossed or reached:
 
 15/02/2011
6. Date on which issuer notified:
 
 16/02/2011
7. Threshold(s) that is/are crossed or reached:
 
Decrease from 5.00% to 4.98%
 8. Notified details:
A: Voting rights attached to shares
 
Class/type of
shares
 
if possible using
the ISIN CODE
Situation previous
to the triggering
transaction
Resulting situation after the triggering transaction
Number
of
Shares
Number
of
Voting
Rights
Number
of shares
Number of voting
rights
% of  voting rights
Direct
Direct
Indirect
Direct
Indirect
 
Sedol 0922320
 
Sedol 2615565
 
44,503,018
 
500 (after conversion)
 
 
5.00%
 
0.00%
 
 
 N/A
N/A
44,336,965
 
500 (after conversion)
 
 
 N/A
4.98%
 
0.00%
 
 
 
 B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
 
Type of financial
instrument
Expiration
date
Exercise/
Conversion
Period
Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
 
% of voting
rights
         
 C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
 
Type of financial
instrument
Exercise
price
Expiration
date
Exercise/
Conversion
period
Number of voting
rights instrument
refers to
% of voting rights
 
         
Nominal
Delta
 
   
 Total (A+B+C)
 
Number of voting rights
Percentage of voting rights
44,336,965 (sedol 0922320)
 
500 (sedol 2615565 after conversion)
4.98%
 
0.00%
 9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
 
Newton Investment Management Limited hold these shares as a discretionary Investment Manager.
Proxy Voting:
 
10. Name of the proxy holder:
 
 N/A
11. Number of voting rights proxy holder will cease to hold:
 
 N/A
12. Date on which proxy holder will cease to hold voting rights:
 
 N/A
13. Additional information:
 
  
14. Contact name:
 
 Asif S Lalani
15. Contact telephone number:
 
 020 7163 5115
 
Gemma Parsons
Deputy Company Secretary
Smith & Nephews plc
Tel:       +44 (0)20 7401 7646