Director/PDMR Shareholding

Smith (DS) PLC

14 July 2023

 

DS Smith Plc ("the Company") 

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

14 July 2023

On 14 July 2023 nil-cost option awards over the Company's Ordinary Shares of 10p each ("Shares") granted on 14 July 2020 under the terms of the DS Smith 2008 Performance Share Plan ("PSP") vested to the following PDMRs as shown in the table below.

Name	Number of PSP awards vested	Number of dividend equivalent Shares on vested PSP awards
Miles Roberts	431,415	41,976
Stefano Rossi	100,654	9,793

·      In accordance with the terms of the approved remuneration policy, a two-year holding period applies from the vesting date for Miles Roberts to his PSP awards vesting on 14 July 2023, during which time awarded Shares may not be sold (other than to satisfy statutory deductions).

·      The number of dividend equivalent Shares is added to the vested PSP awards on vesting in accordance with the PSP rules and the approved remuneration policy.

The forms required under the Market Abuse Regulation follow.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	MILES WILLIAM ROBERTS
2	Reason for the notification
a)	Position/status	CHIEF EXECUTIVE OFFICER
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	Vesting of PSP award granted on 14 July 2020 over Ordinary Shares under the terms of the DS Smith 2008 Performance Share Plan and associated dividend equivalent Shares.  The vested PSP award is subject to a two-year holding period from the vesting date.
c)	Price(s) and volume(s)	Price(s) Volume(s) £NIL 431,415 £NIL 41,976
d)	Aggregated information - Aggregated volume - Price	473,391 £NIL
e)	Date of the transaction	14 July 2023
f)	Place of the transaction	LONDON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	STEFANO ROSSI
2	Reason for the notification
a)	Position/status	CHIEF EXECUTIVE PACKAGING
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	Vesting of PSP award granted on 14 July 2020 over Ordinary Shares under the terms of the DS Smith 2008 Performance Share Plan and associated dividend equivalent Shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) £NIL 100,654 £NIL 9,793
d)	Aggregated information - Aggregated volume - Price	110,447 £NIL
e)	Date of the transaction	14 July 2023
f)	Place of the transaction	LONDON

 

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