RNS Number : 5892G
Smith (DS) PLC
30 March 2022
DS Smith Plc ("the Company")
Notification of transaction by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them
In accordance with the requirements of the Market Abuse Regulation, the Company announces that it was notified on 29 March 2022 that Gillian Roberts, a Person Closely Associated with Miles William Roberts (spouse), Group Chief Executive, has granted a charge
over 2,000,000 shares beneficially owned by her, in favour of
Bank Julius Baer & Co Ltd
to provide security for a short-term bridging loan in respect of a personal property transaction
. She remains
the beneficial owner of these shares, subject to the charge, and retains full voting rights over these shares.
Date 30 March 2022
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|
a)
|
Name
|
GILLIAN ROBERTS
|
|
2
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Reason for the notification
|
|
a)
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Position/status
|
Person closely associated with PDMR (Miles William Roberts)
|
|
b)
|
Initial notification /Amendment
|
INITIAL NOTIFICATION
|
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|
a)
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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
|
Charge over 2,000,000 shares in favour of Bank Julius Baer & Co Ltd
to provide security for a short-term bridging loan in respect of a personal property transaction
|
|
c)
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Price(s) and volume(s)
|
|
Item
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Price(s)
|
Volume(s)
|
|
Charge
|
£NIL
|
2,000,000
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
2,000,000
£NIL
|
|
e)
|
Date of the transaction
|
29 March 2022
|
|
f)
|
Place of the transaction
|
Outside of a trading venue
|
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