DS Smith Plc ("the Company")
Exercise of Options by Director / other Persons Discharging Managerial Responsibilities (together "PDMRs")
Date 27 September 2019
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
| Exercise of options over 199,302 ordinary shares which were nil-cost option awards granted on 1 July 2016 under the DS Smith 2008 Performance Share Plan (PSP) and Deferred Share Bonus Plan (DSBP) that vested on 1 July 2019 and the consequential sale of 93,861 shares to pay the tax due on that exercise and transfer of 105,441 shares to Sheilagh Marsh - a Person Closely Associated to Adrian Ross Thomas Marsh (Spouse). | ||||||||||||
c)
| Price(s) and volume(s)
|
| ||||||||||||
d)
| Aggregated information
- Aggregated volume - Price
|
199,302 £NIL
93,861 £3.453
105,441 £NIL
| ||||||||||||
e)
| Date of the transaction | 26 SEPTEMBER 2019 | ||||||||||||
f)
| Place of the transaction | LONDON |