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


April 08, 2010
 
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: April 08, 2010
 


                                                                       By:   /s/ Susan Henderson
                                                        -----------------
                                                 Susan Henderson
                                                 Company Secretary
 

SMITH & NEPHEW PLC
8 APRIL 2010
 
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
 
 
1. Identity of the issuer or underlying issuer of existing shares to which voting rights are attached:
 
Smith & Nephew plc
 
2. Reason for the notification:
 
An acquisition or disposal of voting rights                                                                                  
 
3. Full name of person(s) subject to the notification obligation:
 
BlackRock, Inc.
 
4. Full name of shareholder(s)  (if different from 3.):
 
BlackRock Investment Management (UK) Limited
 
5. Date of the transaction and date on which the threshold is crossed or reached:
 
6th April 2010
 
6. Date on which issuer notified:                     
 
8th April 2010
 
7. Threshold(s) that is/are crossed or reached:
 
5% threshold has been exceeded
 
8. Notified details:
 
8A: Voting rights attached to shares
 
Class/type of shares: GB0009223206

Situation previous to the triggering transaction:
 

Number of shares
Number of Voting Rights
41,801,277
41,801,277


 
Resulting situation after the triggering transaction:
 

Number of Shares
 
Number of Voting Rights
(Direct)
Number of Voting Rights
 (Indirect)
% of voting rights
(Direct)
% of voting rights
(Indirect)
n/a
n/a
42,473,906
n/a
4.78%


 
 
 
8B: 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
 
n/a
n/a
n/a
n/a
n/a


 
 
8C: 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
CFD
n/a
n/a
n/a
2,233,819
0.25%
0.25%


 
 
Total (A+B+C):
 

Number of voting rights
 
Percentage of voting rights
 
44,707,725
 
5.03%
 


 
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
 
BlackRock Investment Management (UK) Limited - 44,707,725 (5.03%)
 
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:
 
Notification using the total voting rights figure of 888,513,204
 
Notification under DTR Sourcebook
 
14. Contact name for enquiries:
 
Susan Henderson
020 7401 7646
 
15. Company official responsible for making notification:
 
Susan Henderson
Company Secretary
020 7401 7646