Director/PDMR Shareholding

RNS Number : 5777Q

Smiths News PLC

21 February 2023

 

Smiths News plc

Director/PDMR Shareholding

Smiths News plc (the "Company") announces that it has been notified of the following transactions in the Company's ordinary 5p shares undertaken by directors / persons discharging managerial responsibility:

1.  Exercise by Jonathan Bunting (Executive Director) of 1,016,524 Long Term Incentive Plan (2019) shares, receipt of 136,446 shares in respect of the dividend equivalent payment and the subsequent sale of 543,801 ordinary shares to cover the tax and NI liability.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated.
a)	Name	Jonathan Bunting
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	Smiths News plc
b)	LEI	2138004033ONVOOQXB02
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	Ordinary 5p shares
	Identification code	ISIN: GB00B17WCR61
b)	Nature of the transaction	Exercise of 1,016,524 Long Term Incentive Plan (2019) shares and receipt of 136,446 shares in respect of the dividend equivalent payment.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil consideration	1,152,970
d)	Aggregated information	n/a single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	20 February 2023
f)	Place of the transaction	London Stock Exchange, Main Market

1	Details of the person discharging managerial responsibilities / person closely associated.
a)	Name	Jonathan Bunting
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	Smiths News plc
b)	LEI	2138004033ONVOOQXB02
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	Ordinary 5p shares
	Identification code	ISIN: GB00B17WCR61
b)	Nature of the transaction	Sale of 543,801 shares to cover the tax and NI liability arising following exercise of 1,016,524 Long Term Incentive Plan (2019) shares and receipt of 136,446 shares in respect of the dividend equivalent payment.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			0.446140p	543,801
d)	Aggregated information	n/a single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	20 February 2023
f)	Place of the transaction	London Stock Exchange, Main Market

Person responsible for arranging release of this announcement:

Karen Mills, Deputy Company Secretary

Smiths News plc

Rowan House

Cherry Orchard North

Kembrey Park

Swindon

SN2 8UH

email: [e-mail]

LEI: 2138004O33ONVOOQXB02

 

END

 

 

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