DS Smith Plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
The attached notification made under article 19.1 of the Market Abuse Regulation ('MAR') relates to the award under the DS Smith Performance Share Plan ('PSP') on behalf of PDMRs. This announcement is made in accordance with Article 19.3 of MAR.
�
The Company announces that on Friday 22 June 2018 it granted awards under the Company's Performance Share Plan (PSP) and Deferred Share Bonus Plan (DSBP).
�
The PSP awards were granted as nil cost options which are subject to criteria relating to the Company's performance over the three year period commencing on 1 May 2018.� The awards were granted by reference to the three day average price of a Share to 21 June 2018 of 523.47 pence and operate subject to the conditions set out in the rules of the Performance Share Plan. They will normally vest, subject to the satisfaction of performance conditions, on the third anniversary of the date of grant, being 22 June 2021.
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The awards under the DSBP were granted as nil cost options and will normally vest on the third anniversary of the date of grant, being 22 June 2021
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The awards were granted by reference to the three day average price of a Share to 21 June 2018 of 523.47 pence, and operate subject to the conditions set out in the rules of the Bonus Plan.
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�
|
Name |
Status |
Maximum number of PSP Shares |
No. of Deferred Shares subject to award |
|
Miles Roberts |
Director |
318,499 |
123,812 |
|
Adrian Marsh |
Director |
155,653 |
58,345 |
|
Stefano Rossi |
PDMR |
80,748 |
31,797 |
|
Colin McIntyre |
PDMR |
71,488 |
28,254 |
�
�
|
1 � |
Details of the person discharging managerial responsibilities / person closely associated |
|||||||
|
a) � |
Name � |
�MILES WILLIAM ROBERTS |
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|
2 � |
Reason for the notification |
|||||||
|
a) � |
Position/status � � |
GROUP CHIEF EXECUTIVE |
||||||
|
b) � |
Initial notification /Amendment � |
INITIAL NOTIFICATION |
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|
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
|
Grant of nil cost options under the Company's Performance Share Plan (PSP) and Deferred Share Bonus Plan (DSBP) |
||||||
|
c)
|
Price(s) and volume(s)
|
|
||||||
|
d)
|
Aggregated information - Aggregated volume - Price
|
442,311 £0.00
|
||||||
|
e)
|
Date of the transaction |
22 JUNE 2018 |
||||||
|
f)
|
Place of the transaction
|
LONDON |
||||||
|
g) |
Additional Information |
|
||||||
|
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 /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
|
Grant of nil cost options under the Company's Performance Share Plan (PSP) and Deferred Share Bonus Plan (DSBP) |
||||||
|
c)
|
Price(s) and volume(s)
|
|
||||||
|
d)
|
Aggregated information - Aggregated volume - Price
|
213,998 £0.00
|
||||||
|
e)
|
Date of the transaction |
22 JUNE 2018 |
||||||
|
f)
|
Place of the transaction
|
LONDON |
||||||
|
g) |
Additional Information |
|
||||||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated |
|||||||
|
a)
|
Name
|
STEFANO ROSSI |
||||||
|
2
|
Reason for the notification |
|||||||
|
a)
|
Position/status
|
DIVISIONAL CHIEF EXECUTIVE 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
|
Grant of nil cost options under the Company's Performance Share Plan and Deferred Share Bonus Plan |
||||||
|
c)
|
Price(s) and volume(s)
|
|
||||||
|
d)
|
Aggregated information - Aggregated volume - Price
|
112,545 £0.00
|
||||||
|
e)
|
Date of the transaction |
22 JUNE 2018 |
||||||
|
f)
|
Place of the transaction
|
LONDON |
||||||
|
g) |
Additional Information |
|
||||||
|
1
|
Details of the person discharging managerial responsibilities / person closely associated |
|||||||
|
a)
|
Name
|
COLIN STUART MCINTYRE |
||||||
|
2
|
Reason for the notification |
|||||||
|
a)
|
Position/status
|
DIVISIONAL CHIEF EXECUTIVE SUPPLY ENGINE |
||||||
|
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
|
Grant of nil cost options under the Company's Performance Share Plan and Deferred Share Bonus Plan |
||||||
|
c)
|
Price(s) and volume(s)
|
|
||||||
|
d)
|
Aggregated information - Aggregated volume - Price
|
99,742 £0.00
|
||||||
|
e)
|
Date of the transaction |
22 JUNE 2018 |
||||||
|
f)
|
Place of the transaction
|
LONDON |
||||||
|
g) |
Additional Information |
|
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