RNS Number : 5777Q
Smiths News PLC
21 February 2023
 

Smiths News plc

Director/PDMR Shareholding

Smiths News plc (the "Company") announces that it has been notified of the following transactions in the Company's ordinary 5p shares undertaken by directors / persons discharging managerial responsibility:

1.         Exercise by Jonathan Bunting (Executive Director) of 1,016,524 Long Term Incentive Plan (2019) shares, receipt of 136,446 shares in respect of the dividend equivalent payment and the subsequent sale of 543,801 ordinary shares to cover the tax and NI liability.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

1

 

Details of the person discharging managerial responsibilities / person closely associated.

 

a)

 

Name

 

 

Jonathan Bunting

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Smiths News plc

b)

 

LEI

 

 

2138004033ONVOOQXB02

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

Ordinary 5p shares



Identification code

ISIN: GB00B17WCR61



b)

 

Nature of the transaction

 

 

Exercise of 1,016,524 Long Term Incentive Plan (2019) shares and receipt of 136,446 shares in respect of the dividend equivalent payment.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nil consideration

1,152,970







d)

 

Aggregated information

n/a single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

20 February 2023

f)

 

Place of the transaction

 

 

London Stock Exchange, Main Market

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated.

 

a)

 

Name

 

 

Jonathan Bunting

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Smiths News plc

b)

 

LEI

 

 

2138004033ONVOOQXB02

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

Ordinary 5p shares



Identification code

ISIN: GB00B17WCR61



b)

 

Nature of the transaction

 

 

Sale of 543,801 shares to cover the tax and NI liability arising following exercise of 1,016,524 Long Term Incentive Plan (2019) shares and receipt of 136,446 shares in respect of the dividend equivalent payment.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




0.446140p

543,801







d)

 

Aggregated information

n/a single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

20 February 2023

f)

 

Place of the transaction

 

 

London Stock Exchange, Main Market

 

Person responsible for arranging release of this announcement:

Karen Mills, Deputy Company Secretary

Smiths News plc

Rowan House

Cherry Orchard North

Kembrey Park

Swindon

SN2 8UH

email: cosec@smithsnews.co.uk

LEI: 2138004O33ONVOOQXB02

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