Director/PDMR Shareholding

RNS Number : 0316J

Smith (DS) PLC

17 December 2020

 

DS Smith Plc ("the Company")

Transactions in shares by Persons Discharging Managerial Responsibilities ("PDMRs")

Date 17 December 2020

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 105,659 ordinary shares which were nil-cost option awards granted on 18 July 2017 under the DS Smith 2008 Performance Share Plan (PSP) and Deferred Share Bonus Plan (DSBP) that vested on 18 July 2020 together with dividend equivalent shares. The consequential sale of 49,660 shares to pay the tax due on the option exercise and the sale of the remaining 55,999 shares, in conjunction with the purchase of 55,893 shares to be held in the pension fund of the PDMR.
c)	Price(s) and volume(s)	Item Price(s) Volume(s) Option exercise £NIL 105,659 Sale £3.83 105,659 Purchase £3.824 55,893
d)	Aggregated information - Aggregated volume - Price	105,659 £NIL 105,659 £3.83 55,893 £3.824
e)	Date of the transaction	16 DECEMBER 2020
f)	Place of the transaction	LONDON

 

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