Smiths News plc (the "Company")
Director/PDMR Shareholding
The Company has been notified of the following transactions in the Company's ordinary shares of 5p undertaken by a PDMR. On 4 July 2023, Jonathan Bunting (Chief Executive Officer) was granted options to buy 40,613 shares at an option price of £0.4432 per share under the terms of the Connect Group PLC Save As You Earn Plan. The savings term is three years and the options are exercisable between 1 September 2026 and 28 February 2027.
The relevant notification set out below is 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
| Executive Director, 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
| Grant of options pursuant to the Connect Group PLC Save As You Earn Plan | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | £0.4432 | 40,613 | | |
| | | | | | |
| d)
| Aggregated information | n/a single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 4 July 2023 | |||
| f)
| Place of the transaction
| Outside of a trading venue | |||
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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