DS Smith Plc (the 'Company')
In pursuance of the Company's obligations under Section 793 of the Companies Act 2006 and Disclosure Rule 3.1.4R (i)(a), the Company hereby notifies that the following Directors' share transactions occurred on 17 September 2008.
The Directors listed below notified the Company on 17 September 2008 that, as a result of being granted an award under the DS Smith Performance Share Plan (the 'Plan'), they have each acquired a conditional right to receive the number of ordinary shares of 10p each of the Company ('Shares') listed below.
The awards were granted by reference to the closing middle market quotation of a Share on 16 September 2008 of 133.5 pence, and operate subject to the conditions set out in the rules of the Plan. They will normally vest, subject to the satisfaction of performance conditions, on the third anniversary of the date of grant, being 17 September 2011.
Director
|
Date of Grant
|
No. of Shares
|
A D Thorne
|
17 September 2008
|
619,325
|
S W Dryden
|
17 September 2008
|
370,786
|
For and on behalf of DS Smith Plc
Company Official Responsible for making this notification:
Carolyn Cattermole, Company Secretary
Date of this notification: 17 September 2008