Smith (DS) PLC Director/PDMR Shareholding (0545A)

TIDMSMDS

RNS Number : 0545A

Smith (DS) PLC

24 September 2020

DS Smith Plc

Exercise of Options by Director / other Persons Discharging Managerial Responsibilities (together "PDMRs")

Date 24 September 2020

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         STEFANO ROSSI 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             CEO PACKAGING EUROPE 
     --------------------------  ------------------------------------------- 
 b)   Initial notification        INITIAL NOTIFICATION 
       /Amendment 
     --------------------------  ------------------------------------------- 
 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,        ORDINARY SHARES OF 10 PENCE EACH 
       type of instrument 
 
       Identification code          SMDS 
     --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   Exercise of options over 53,381 ordinary 
                                   shares which were nil cost options 
                                   granted on 18 July 2017 under the 
                                   Performance Share Plan (PSP) and 
                                   Deferred Share Bonus Plan (DSBP) 
                                   that vested on 18 July 2020 together 
                                   with their associated dividend equivalent 
                                   shares and the consequential sale 
                                   of 31,880 shares to pay the tax due 
                                   on that exercise 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)       Item      Price(s)   Volume(s) 
                                    Option    GBPNIL     53,381 
                                    Sale      GBP2.749   31,880 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          53,381 
       - Price                      GBPNIL 
 
                                    31,880 
                                    GBP2.749 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     24 September 2020 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    LONDON 
     --------------------------  ------------------------------------------- 
 

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September 24, 2020 10:50 ET (14:50 GMT)