Director/PDMR Shareholding

RNS Number : 0545A

Smith (DS) PLC

24 September 2020

 

DS Smith Plc

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

Date 24 September 2020

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	STEFANO ROSSI
2	Reason for the notification
a)	Position/status	CEO PACKAGING EUROPE
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 53,381 ordinary shares which were nil cost options granted on 18 July 2017 under the Performance Share Plan (PSP) and Deferred Share Bonus Plan (DSBP) that vested on 18 July 2020 together with their associated dividend equivalent shares and the consequential sale of 31,880 shares to pay the tax due on that exercise
c)	Price(s) and volume(s)	Item Price(s) Volume(s) Option £NIL 53,381 Sale £2.749 31,880
d)	Aggregated information - Aggregated volume - Price	53,381 £NIL 31,880 £2.749
e)	Date of the transaction	24 September 2020
f)	Place of the transaction	LONDON

 

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