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 Paul Baker (Executive Director) of 566,312 Long Term Incentive Plan (FY2022-24) shares, receipt of 111,275 shares in respect of the dividend equivalent payment and the subsequent sale of 319,586 ordinary shares to cover the tax and NI liability.
| 1 | Details of the person discharging managerial responsibilities / person closely associated. | |
| a) | Name | Paul Baker |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Financial 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 566,312 Long Term Incentive Plan (FY2022-24) shares, and receipt of 111,275 shares in respect of the dividend equivalent payment. |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| Nil consideration | 677,587 | |
| d) | Aggregated information | n/a single transaction |
| - Aggregated volume | ||
| - Price | ||
| e) | Date of the transaction | 27 November 2024 |
| f) | Place of the transaction | London Stock Exchange, Main Market |
| 1 | Details of the person discharging managerial responsibilities / person closely associated. | |
| a) | Name | Paul Baker |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Financial 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 319,586 shares to cover the tax and NI liability arising following exercise of 566,312 Long Term Incentive Plan (FY2022-24) shares and, receipt of 111,275 shares in respect of the dividend equivalent payment. |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| 0.6080 | 319,586 | |
| d) | Aggregated information | n/a single transaction |
| - Aggregated volume | ||
| - Price | ||
| e) | Date of the transaction | 27 November 2024 |
| 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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