Director/PDMR Shareholding

RNS Number : 1658V
Smith (DS) PLC
10 December 2013
 



DS Smith Plc (the "Company")

 

 

In pursuance of the Company's obligations under Disclosure Rule 3.1.4R (i)(a), the Company hereby notifies that the following Director's share transaction occurred on 10 December 2013.

 

Adrian Marsh notified the Company on 10 December 2013 that, as a result of being granted an award under the DS Smith Performance Share Plan (the "Performance Share Plan"), he has acquired a conditional right to receive the number of Shares listed below.

The awards were granted by reference to the closing middle market quotation of a Share on 9 December 2013 of 312.2 pence, and operate subject to the conditions set out in the rules of the Performance Share Plan. They will normally vest, subject to the satisfaction of performance conditions, on the third anniversary of the date of grant, being 10 December 2016.

 

Name

Status

Maximum number of Shares

Adrian Marsh

Director

80,076

 

No consideration was paid for the grant of the awards. No price is payable on the vesting of the awards.

 

For and on behalf of DS Smith Plc

 

Company Official Responsible for making this notification:

Matthew Jowett, Company Secretary

 

Date of this notification: 10 December 2013


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