Smith (DS) PLC Director/PDMR Shareholding (0589M)

TIDMSMDS

RNS Number : 0589M

Smith (DS) PLC

16 September 2021

DS Smith Plc ("the Company")

Transactions in shares by Persons Discharging Managerial Responsibilities ("PDMRs")

Date 16 September 2021

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         MILES WILLIAM ROBERTS 
     --------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status             GROUP CHIEF EXECUTIVE 
     --------------------------  -------------------------------------------- 
 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 a total 
                                   of 775,993 ordinary shares which 
                                   were nil-cost option awards granted 
                                   under the following plans as specified 
                                   below: 
                                   Options granted on 1 July 2016 under 
                                   the 2016 Deferred Share Bonus Plan 
                                   (DSBP) and the 2016 Performance Share 
                                   Plan (PSP) that vested on 1 July 
                                   2019. 
                                   Options granted on 18 July 2017 under 
                                   the 2017 Deferred Share Bonus Plan 
                                   (DSBP) and 2017 Performance Share 
                                   Plan (PSP) that vested on 18 July 
                                   2020. 
                                   Options granted on 22 June 2018 under 
                                   the 2018 Deferred Share Bonus Plan 
                                   (DSBP) that vested on 22 June 2021, 
                                   together with dividend equivalent 
                                   shares if applicable and the consequential 
                                   sale of 364,848 shares to cover tax 
                                   on these exercises. 
                                   Also the additional sale of 337,241 
                                   shares under the 2016, 2017 and 2018 
                                   Deferred Share Bonus Plans (DSBP) 
                                   and the 2016 Performance Share Plan 
                                   (PSP). 
                                   Aggregate holding increased by 73,904 
                                   shares after these transactions. 
     --------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)       Item         Price(s)   Volume(s) 
                                    Option 
                                     exercise    GBPNIL     775,993 
                                    Sale         GBP4.573   364,848 
                                    Sale         GBP4.573   337,241 
     --------------------------  -------------------------------------------- 
 d)   Aggregated information 
                                    775,993 
       - Aggregated volume          GBPNIL 
       - Price                      364,848 
                                    GBP4.573 
 
                                    337,241 
                                    GBP4.573 
     --------------------------  -------------------------------------------- 
 e)   Date of the transaction     14 September 2021 
     --------------------------  -------------------------------------------- 
 f)   Place of the transaction    LONDON 
     --------------------------  -------------------------------------------- 
 

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September 16, 2021 11:07 ET (15:07 GMT)