Director/PDMR Shareholding

RNS Number : 0934E
Smith (DS) PLC
01 July 2019
 

DS Smith Plc ("the Company") 

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

1 July 2019

On 1 July 2019 nil-cost option awards over the Company's Ordinary Shares of 10p each ("Shares") granted on 1 July 2016 under the terms of the DS Smith 2008 Performance Share Plan ("PSP") and under the DS Smith Deferred Share Bonus Plan ("DSBP") vested to the following PDMRs as shown in the table below.

Name

Number of PSP awards vested

Number of dividend equivalent Shares on vested PSP awards

Number of DSBP awards vested

Miles Roberts

232,041

24,781

156,676

Adrian Marsh

113,376

12,108

73,818

Colin McIntyre

44,143

4,714

33,532

Stefano Rossi

44,524

4,755

33,821

·      In accordance with the terms of the approved remuneration policy, a two-year holding period applies from the vesting date for Miles Roberts and Adrian Marsh to their PSP awards vesting on 1 July 2019, during which time awarded Shares may not be sold (other than to satisfy statutory deductions).

·      The number of dividend equivalent Shares is added to the vested PSP award on vesting in accordance with the rules of the PSP and the approved remuneration policy.

·      The DSBP awards vesting on 1 July 2019 relate to the deferral into Shares of half of the bonus paid in July 2016 in relation to the financial year 2015/16.

The forms required under the EU Market Abuse Regulation follow.

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

 MILES WILLIAM ROBERTS

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

 

 

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, type of instrument

 

Identification code

 

 

ORDINARY SHARES OF 10 PENCE EACH

 

 

SMDS

b)

 

Nature of the transaction

 

 

Vesting of PSP award granted on 1 July 2016 over Ordinary Shares under the terms of the DS Smith 2008 Performance Share Plan and associated dividend equivalent Shares and DSBP award granted on 1 July 2016 under the terms of the DS Smith Deferred Share Bonus Plan.  The vested PSP award is subject to a two-year holding period from the vesting date.

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

£NIL

232,041

£NIL

24,781

£NIL

156,676

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

413,498
 

£NIL

 

e)

 

Date of the transaction

1 July 2019

f)

 

Place of the transaction

 

LONDON

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

 ADRIAN ROSS THOMAS MARSH

2

 

Reason for the notification

a)

 

Position/status

 

 

GROUP FINANCE DIRECTOR

b)

 

Initial notification /Amendment

 

INITIAL NOTIFICATION

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, type of instrument

 

Identification code

 

 

ORDINARY SHARES OF 10 PENCE EACH

 

 

SMDS

b)

 

Nature of the transaction

 

 

Vesting of PSP award granted on 1 July 2016 over Ordinary Shares under the terms of the DS Smith 2008 Performance Share Plan and associated dividend equivalent Shares and DSBP award granted on 1 July 2016 under the terms of the DS Smith Deferred Share Bonus Plan.  The vested PSP award is subject to a two-year holding period from the vesting date.

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

£NIL

113,376

£NIL

12,108

£NIL

73,818

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

199,302
 

 

£NIL

 

e)

 

Date of the transaction

1 July 2019

f)

 

Place of the transaction

 

LONDON

 

 

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

 COLIN STUART MCINTYRE

2

 

Reason for the notification

a)

 

Position/status

 

 

CHIEF EXECUTIVE SUPPLY CHAIN

b)

 

Initial notification /Amendment

 

INITIAL NOTIFICATION

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, type of instrument

 

Identification code

 

 

ORDINARY SHARES OF 10 PENCE EACH

 

 

SMDS

b)

 

Nature of the transaction

 

 

Vesting of PSP award granted on 1 July 2016 over Ordinary Shares under the terms of the DS Smith 2008 Performance Share Plan and associated dividend equivalent Shares and DSBP award granted on 1 July 2016 under the terms of the DS Smith Deferred Share Bonus Plan. 

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

£NIL

44,143

£NIL

4,714

£NIL

33,532

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

82,389
 

£NIL

 

e)

 

Date of the transaction

1 July 2019

f)

 

Place of the transaction

 

LONDON

 

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 /Amendment

 

INITIAL NOTIFICATION

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, type of instrument

 

Identification code

 

 

ORDINARY SHARES OF 10 PENCE EACH

 

 

SMDS

b)

 

Nature of the transaction

 

 

Vesting of PSP award granted on 1 July 2016 over Ordinary Shares under the terms of the DS Smith 2008 Performance Share Plan and associated dividend equivalent Shares and DSBP award granted on 1 July 2016 under the terms of the DS Smith Deferred Share Bonus Plan. 

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

£NIL

44,524

£NIL

4,755

£NIL

33,821

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

83,100
 

£NIL

 

e)

 

Date of the transaction

1 July 2019

f)

 

Place of the transaction

 

LONDON

 


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