Smiths News plc (the "Company") announces that it has been notified that Jonathan Bunting has exercised 42,857 share options at an option price of £0.126 per share under the terms of the Connect Group PLC Save As You Earn Plan. The options were granted on the 3 August 2020 with a savings term of three years. The options are exercisable from 1 September 2023 until 28 February 2024.
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.
1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Jonathan Bunting |
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive Officer |
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b)
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Initial notification /Amendment
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Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Smiths News plc |
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b)
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LEI
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2138004033ONVOOQXB02 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary 5p shares |
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Identification code |
ISIN: GB00B17WCR61 |
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b)
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Nature of the transaction
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Exercise of 42,857 Save As You Earn (2020) shares. |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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£0.126 |
42,857 |
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d)
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Aggregated information |
n/a single transaction |
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- Aggregated volume |
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- Price |
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e)
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Date of the transaction
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6 September 2023 |
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f)
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Place of the transaction
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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: cosec@smithsnews.co.uk
LEI: 2138004O33ONVOOQXB02