Director/PDMR Shareholding
Updated : 12:19
DS Smith Plc ("the Company")
Transactions in shares by Persons Discharging Managerial Responsibilities ("PDMRs")
Date 17 December 2020
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 105,659 ordinary shares which were nil-cost option awards granted on 18 July 2017 under the DS Smith 2008 Performance Share Plan (PSP) and Deferred Share Bonus Plan (DSBP) that vested on 18 July 2020 together with dividend equivalent shares.
The consequential sale of 49,660 shares to pay the tax due on the option exercise and the sale of the remaining 55,999 shares, in conjunction with the purchase of 55,893 shares to be held in the pension fund of the PDMR. | ||||||||||||
c)
| Price(s) and volume(s)
|
| ||||||||||||
d)
| Aggregated information
- Aggregated volume - Price
|
105,659 £NIL
105,659 £3.83
55,893 £3.824
| ||||||||||||
e)
| Date of the transaction | 16 DECEMBER 2020 | ||||||||||||
f)
| Place of the transaction | LONDON |
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