Smiths News PLC Director/PDMR Shareholding (3935Y)
January 13 2022 - 8:53AM
UK Regulatory
TIDMSNWS
RNS Number : 3935Y
Smiths News PLC
13 January 2022
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
shares of 5p each undertaken by directors / persons discharging
managerial responsibility:
Exercise by Jonathan Bunting (Chief Executive Officer) of:
1. 111,592 share options pursuant to the FY2019-2021 Long Term
Incentive Plan award (2018), plus receipt of 4,347 shares in
respect of a dividend equivalent payment thereon and the subsequent
sale of 54,602 ordinary shares to cover the associated tax and NI
liability; and
2. 500,395 share options pursuant to the Deferred Bonus Plan
award for the deferral of 50% of his FY2021 annual bonus into
shares and the subsequent sale of 235,659 ordinary shares to cover
the associated 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 Initial Notification
/Amendment
--------------------------------- -----------------------------------------------
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 Ordinary 5p shares
financial instrument,
type of instrument
Identification code ISIN: GB00B17WCR61
b) Nature of the transaction Exercise of 111,592 Long Term Incentive
Plan (2018) shares and receipt of
4,347 shares in respect of the dividend
equivalent payment and exercise of
500,395 Deferred Bonus Plan (2021)
shares.
--------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---------------------------- --------------
Price(s) Volume(s)
---------------------------- --------------
Nil consideration 616,334
------------------------------------------------------------------- --------------
d) Aggregated information n/a single transaction
- Aggregated volume
- Price
e) Date of the transaction 12 January 2022
--------------------------------- -----------------------------------------------
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 Initial Notification
/Amendment
-------------------------------------- ----------------------------------------------
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 Ordinary 5p shares
financial instrument,
type of instrument
Identification code ISIN: GB00B17WCR61
b) Nature of the transaction Sale of 290,261 shares to cover the
tax and NI liability arising following
exercise of 111,592 Long Term Incentive
Plan (2018) shares and receipt of
4,347 shares in respect of the dividend
equivalent payment and the exercise
of 500,395 Deferred Bonus Plan (2021)
shares.
-------------------------------------- ----------------------------------------------
c) Price(s) and volume(s)
--------------------- --------------------
Price(s) Volume(s)
--------------------- --------------------
0.383324p 290,261
--------------------- --------------------
d) Aggregated information n/a single transaction
- Aggregated volume
- Price
e) Date of the transaction 12 January 2022
-------------------------------------- ----------------------------------------------
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: cosec@smithsnews.co.uk
LEI: 2138004O33ONVOOQXB02
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END
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