Director/PDMR Shareholding

RNS Number : 0545A
Smith (DS) PLC
24 September 2020
 

DS Smith Plc

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

 

Date 24 September 2020

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

 

 

Exercise of options over 53,381 ordinary shares which were nil cost options granted on 18 July 2017 under the Performance Share Plan (PSP) and Deferred Share Bonus Plan (DSBP) that vested on 18 July 2020 together with their associated dividend equivalent shares and the consequential sale of 31,880 shares to pay the tax due on that exercise

 

c)

 

Price(s) and volume(s)

 

 

Item

Price(s)

 

Volume(s)

Option

£NIL

53,381

Sale

£2.749

31,880

 

 

 

 

 

 

d)

 

Aggregated information

- Aggregated volume

- Price

 

53,381

£NIL

 

31,880

£2.749

e)

 

Date of the transaction

24 September 2020

f)

 

Place of the transaction

LONDON

 

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Smith (DS) (SMDS)
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