Director/PDMR Shareholding

RNS Number : 0589M

Smith (DS) PLC

16 September 2021

 

DS Smith Plc ("the Company")

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

Date 16 September  2021

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	MILES WILLIAM ROBERTS
2	Reason for the notification
a)	Position/status	GROUP CHIEF EXECUTIVE
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 a total of 775,993 ordinary shares which were nil-cost option awards granted under the following plans as specified below: Options granted on 1 July 2016  under the 2016 Deferred Share Bonus Plan (DSBP) and the 2016 Performance Share Plan (PSP) that vested on 1 July 2019. Options granted on 18 July 2017 under the 2017 Deferred Share Bonus Plan (DSBP) and 2017 Performance Share Plan (PSP) that vested on 18 July 2020. Options granted on 22 June 2018 under the 2018 Deferred Share Bonus Plan (DSBP) that vested on 22 June 2021, together with dividend equivalent shares if applicable and the consequential sale of 364,848 shares to cover tax on these exercises.  Also the additional sale of 337,241 shares under the 2016, 2017 and 2018 Deferred Share Bonus Plans (DSBP) and the 2016 Performance Share Plan (PSP). Aggregate holding increased by 73,904 shares after these transactions.
c)	Price(s) and volume(s)	Item Price(s) Volume(s) Option exercise £NIL 775,993 Sale £4.573 364,848 Sale £4.573 337,241
d)	Aggregated information - Aggregated volume - Price	775,993 £NIL 364,848 £4.573 337,241 £4.573
e)	Date of the transaction	14 September 2021
f)	Place of the transaction	LONDON

 

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