Director/PDMR Shareholding

RNS Number : 9488N

Smith (DS) PLC

27 September 2019

 

DS Smith Plc ("the Company")

Exercise of Options by Director / other Persons Discharging Managerial Responsibilities (together "PDMRs")

Date 27 September 2019

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	ADRIAN ROSS THOMAS MARSH
2	Reason for the notification
a)	Position/status	GROUP FINANCE DIRECTOR
b)	Initial notification /Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	DS SMITH PLC
b)	LEI	39RSBE4RCI4M15BLWH36
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	ORDINARY SHARES OF 10 PENCE EACH SMDS
b)	Nature of the transaction	Exercise of options over 199,302 ordinary shares which were nil-cost option awards granted on 1 July 2016 under the DS Smith 2008 Performance Share Plan (PSP) and Deferred Share Bonus Plan (DSBP) that vested on 1 July 2019 and the consequential sale of 93,861 shares to pay the tax due on that exercise and transfer of 105,441 shares to Sheilagh Marsh - a Person Closely Associated to Adrian Ross Thomas Marsh (Spouse).
c)	Price(s) and volume(s)	Item Price(s) Volume(s) Option £NIL 199,302 Sale £3.453 93,861 Transfer £NIL 105,441
d)	Aggregated information - Aggregated volume - Price	199,302 £NIL 93,861 £3.453 105,441 £NIL
e)	Date of the transaction	26 SEPTEMBER 2019
f)	Place of the transaction	LONDON

 

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