Smiths News PLC Director/PDMR Shareholding

RNS Number : 3177M

Smiths News PLC

14 November 2024

 

Smiths News plc

Director/PDMR Shareholding

Smiths News plc (the "Company") announces that it has been notified of the following transactions in the Company's ordinary 5p shares undertaken by directors / persons discharging managerial responsibility:

1.         Exercise by Jonathan Bunting (Executive Director) of 869,299 Long Term Incentive Plan (FY2022-24) shares, receipt of 170,809 shares in respect of the dividend equivalent payment and the subsequent sale of 490,569 ordinary shares to cover the tax and NI liability.

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

1	Details of the person discharging managerial responsibilities / person closely associated.
a)	Name	Jonathan Bunting
2	Reason for the notification
a)	Position/status	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	Smiths News plc
b)	LEI	2138004033ONVOOQXB02
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	Ordinary 5p shares
	Identification code	ISIN: GB00B17WCR61
b)	Nature of the transaction	Exercise of 869,299 Long Term Incentive Plan (FY2022-24) shares, and receipt of 170,809 shares in respect of the dividend equivalent payment.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil consideration	1,040,108
d)	Aggregated information	n/a single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	13 November 2024
f)	Place of the transaction	London Stock Exchange, Main Market

 

 

1	Details of the person discharging managerial responsibilities / person closely associated.
a)	Name	Jonathan Bunting
2	Reason for the notification
a)	Position/status	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	Smiths News plc
b)	LEI	2138004033ONVOOQXB02
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	Ordinary 5p shares
	Identification code	ISIN: GB00B17WCR61
b)	Nature of the transaction	Sale of 490,569 shares to cover the tax and NI liability arising following exercise of 869,299 Long Term Incentive Plan (FY2022-24) shares and receipt of 170,809 shares in respect of the dividend equivalent payment.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			0.610276	490,569
d)	Aggregated information	n/a single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	13 November 2024
f)	Place of the transaction	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: [e-mail] 

LEI: 2138004O33ONVOOQXB02

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