Smiths News PLC Director/PDMR Shareholding (9326E)

TIDMSNWS

RNS Number : 9326E

Smiths News PLC

04 July 2023

Smiths News plc (the "Company")

Director/PDMR Shareholding

The Company has been notified of the following transactions in the Company's ordinary shares of 5p undertaken by a PDMR. On 4 July 2023, Jonathan Bunting (Chief Executive Officer) was granted options to buy 40,613 shares at an option price of GBP0.4432 per share under the terms of the Connect Group PLC Save As You Earn Plan . The savings term is three years and the options are exercisable between 1 September 2026 and 28 February 2027.

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

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                    Jonathan Bunting 
      --------------------------------------  ------------------------------------------ 
       Reason for the notification 
  2 
      ---------------------------------------------------------------------------------- 
 a)    Position/status                         Executive Director, Chief Executive 
                                                Officer 
      --------------------------------------  ------------------------------------------ 
 b)    Initial notification                    Initial Notification 
        /Amendment 
      --------------------------------------  ------------------------------------------ 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------- 
 a)    Name                                    Smiths News plc 
      --------------------------------------  ------------------------------------------ 
 b)    LEI                                     2138004033ONVOOQXB02 
      --------------------------------------  ------------------------------------------ 
       Details of the transaction(s): section to be repeated 
  4     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                      Ordinary 5p shares 
        financial instrument, 
        type of instrument 
 
       Identification code                     ISIN: GB00B17WCR61 
 
 b)    Nature of the transaction               Grant of options pursuant to the 
                                                Connect Group PLC Save As You Earn 
                                                Plan 
      --------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
                                               -------------------  ------------------ 
                                                Price(s)             Volume(s) 
                                               -------------------  ------------------ 
    GBP0.4432                                                        40,613 
   ---------------------------------------------------------------  ------------------ 
 
 d)    Aggregated information                  n/a single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                 4 July 2023 
      --------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                Outside of a trading venue 
      --------------------------------------  ------------------------------------------ 
 

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

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July 04, 2023 06:35 ET (10:35 GMT)