Director/PDMR Shareholding

RNS Number : 9488N
Smith (DS) PLC
27 September 2019
 

DS Smith Plc ("the Company")

 

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

 

Date 27 September 2019

 

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

 

 

Exercise of options over 199,302 ordinary shares which were nil-cost option awards granted on 1 July 2016 under the DS Smith 2008 Performance Share Plan (PSP) and Deferred Share Bonus Plan (DSBP) that vested on 1 July 2019 and the consequential sale of 93,861 shares to pay the tax due on that exercise and transfer of 105,441 shares to Sheilagh Marsh - a Person Closely Associated to Adrian Ross Thomas Marsh (Spouse).

c)

 

Price(s) and volume(s)

 

 

Item

Price(s)

 

Volume(s)

Option

£NIL

199,302

Sale

£3.453

93,861

Transfer

£NIL

105,441

 

 

 

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

 

199,302

£NIL

 

93,861

£3.453

 

105,441

£NIL

 

 

e)

 

Date of the transaction

26 SEPTEMBER 2019

f)

 

Place of the transaction

LONDON

 


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