TIDMSMDS

RNS Number : 0316J

Smith (DS) PLC

17 December 2020

DS Smith Plc ("the Company")

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

Date 17 December 2020

 
 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        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 105,659 
                                   ordinary shares which were nil-cost 
                                   option awards granted on 18 July 
                                   2017 under the DS Smith 2008 Performance 
                                   Share Plan (PSP) and Deferred Share 
                                   Bonus Plan (DSBP) that vested on 
                                   18 July 2020 together with dividend 
                                   equivalent shares. 
 
                                   The consequential sale of 49,660 
                                   shares to pay the tax due on the 
                                   option exercise and the sale of the 
                                   remaining 55,999 shares, in conjunction 
                                   with the purchase of 55,893 shares 
                                   to be held in the pension fund of 
                                   the PDMR . 
     --------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)       Item         Price(s)   Volume(s) 
                                    Option 
                                     exercise    GBPNIL     105,659 
                                    Sale         GBP3.83    105,659 
                                    Purchase     GBP3.824   55,893 
     --------------------------  ------------------------------------------ 
 d)   Aggregated information 
 
       - Aggregated volume          105,659 
       - Price                      GBPNIL 
 
                                    105,659 
                                    GBP3.83 
 
                                    55,893 
                                    GBP3.824 
     --------------------------  ------------------------------------------ 
 e)   Date of the transaction     16 DECEMBER 2020 
     --------------------------  ------------------------------------------ 
 f)   Place of the transaction    LONDON 
     --------------------------  ------------------------------------------ 
 

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END

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December 17, 2020 07:19 ET (12:19 GMT)

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