Smith (DS) PLC Director/PDMR Shareholding (0545A)
September 24 2020 - 10:50AM
UK Regulatory
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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END
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