Director/PDMR Shareholding
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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:
- Exercise by Jonathan Bunting (Executive Director) of 1,398,114 Long Term Incentive Plan (2020) shares, receipt of 203,362 shares in respect of the dividend equivalent payment and the subsequent sale of 753,087 ordinary shares to cover the tax and NI liability.
| 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 |
| a) | Name | Smiths News plc |
| b) | LEI | 2138004033ONVOOQXB02 |
| a) | Description of the financial instrument, type of instrument | Ordinary 5p shares |
| Identification code | ISIN: GB00B17WCR61 | |
| b) | Nature of the transaction | Exercise of 1,398,114 Long Term Incentive Plan (2020) shares and receipt of 203,362 shares in respect of the dividend equivalent payment. |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| Nil consideration | 1,601,476 | |
| d) | Aggregated information | n/a single transaction |
| - Aggregated volume | ||
| - Price | ||
| e) | Date of the transaction | 8 December 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 |
| a) | Name | Smiths News plc |
| b) | LEI | 2138004033ONVOOQXB02 |
| a) | Description of the financial instrument, type of instrument | Ordinary 5p shares |
| Identification code | ISIN: GB00B17WCR61 | |
| b) | Nature of the transaction | Sale of 753,087 shares to cover the tax and NI liability arising following exercise of 1,398,114 Long Term Incentive Plan (2020) shares and receipt of 203,362 shares in respect of the dividend equivalent payment. |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| 0.48200 | 753,087 | |
| d) | Aggregated information | n/a single transaction |
| - Aggregated volume | ||
| - Price | ||
| e) | Date of the transaction | 8 December 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
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