Smiths News PLC Director/PDMR Shareholding
November 14 2024 - 10:23AM
RNS Regulatory News
RNS Number : 3177M
Smiths News PLC
14 November 2024
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 5p shares undertaken by directors /
persons discharging managerial responsibility:
1. Exercise by
Jonathan Bunting (Executive Director) of 869,299 Long Term
Incentive Plan (FY2022-24) shares, receipt of 170,809 shares in
respect of the dividend equivalent payment and the subsequent sale
of 490,569 ordinary shares to cover the 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
/Amendment
|
Initial Notification
|
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 financial
instrument, type of instrument
|
Ordinary 5p shares
|
|
|
Identification code
|
ISIN: GB00B17WCR61
|
|
|
b)
|
Nature of the transaction
|
Exercise of 869,299 Long Term
Incentive Plan (FY2022-24) shares, and receipt of 170,809 shares in
respect of the dividend equivalent payment.
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
Nil consideration
|
1,040,108
|
|
|
|
|
|
|
d)
|
Aggregated information
|
n/a single transaction
|
|
|
- Aggregated volume
|
|
|
|
- Price
|
|
|
|
e)
|
Date of the transaction
|
13 November 2024
|
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
/Amendment
|
Initial Notification
|
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 financial
instrument, type of instrument
|
Ordinary 5p shares
|
|
|
Identification code
|
ISIN: GB00B17WCR61
|
|
|
b)
|
Nature of the transaction
|
Sale of 490,569 shares to cover the
tax and NI liability arising following exercise of 869,299 Long
Term Incentive Plan (FY2022-24) shares and receipt of 170,809
shares in respect of the dividend equivalent payment.
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
0.610276
|
490,569
|
|
|
|
|
|
|
d)
|
Aggregated information
|
n/a single transaction
|
|
|
- Aggregated volume
|
|
|
|
- Price
|
|
|
|
e)
|
Date of the transaction
|
13 November 2024
|
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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