Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
1 |
Details of the person discharging managerial responsibilities/person closely associated
|
|||||||
a) |
Name |
Tony Smurfit |
||||||
|
Reason for the notification
|
|||||||
a) |
Position/status |
Group 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 |
Smurfit Kappa Group plc
|
||||||
b) |
LEI |
635400CPLP8H5ITDVT56
|
||||||
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 €0.001 each
IE00B1RR8406 |
||||||
b) |
Nature of the transaction |
1. Grant of Conditional Award under the Smurfit Kappa Group plc 2018 Deferred Bonus Plan
2. Grant of Conditional Award under the Smurfit Kappa Group plc 2018 Performance Share Plan
|
||||||
c) |
Price(s) and volume(s) |
|
||||||
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||||
e) |
Date of the transaction |
27 March 2020
|
||||||
f) |
Place of the transaction |
Dublin, Ireland
|
||||||
g) |
Additional Information |
1. Average price of shares acquired by the Trustee
2. We note the recent downward trend in our share price which we believe to be as a result of the Coronavirus impact on global stock markets and not as a result of factors specific to the Smurfit Kappa Group, and as such we have continued to grant awards in line with our normal policy. The Remuneration Committee retains discretion under the Group's Performance Share Plan and the shareholder approved remuneration policy to override formulaic out‐turns at the end of the performance period to ensure that they are appropriate and reflective of overall performance and that there are not windfall gains.
|
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
1 |
Details of the person discharging managerial responsibilities/person closely associated
|
|||||||
a) |
Name |
Ken Bowles |
||||||
|
Reason for the notification
|
|||||||
a) |
Position/status |
Group Chief Financial Officer
|
||||||
b) |
Initial Notification Amendment |
Initial Notification |
||||||
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||
a) |
Name |
Smurfit Kappa Group plc
|
||||||
b) |
LEI |
635400CPLP8H5ITDVT56
|
||||||
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 €0.001 each
IE00B1RR8406 |
||||||
b) |
Nature of the transaction |
3. Grant of Conditional Award under the Smurfit Kappa Group plc 2018 Deferred Bonus Plan
4. Grant of Conditional Award under the Smurfit Kappa Group plc 2018 Performance Share Plan
|
||||||
c) |
Price(s) and volume(s) |
|
||||||
d) |
Aggregated information - Aggregated volume - Price |
N/A |
||||||
e) |
Date of the transaction |
27 March 2020
|
||||||
f) |
Place of the transaction |
Dublin, Ireland
|
||||||
g) |