Smiths News PLC Director/PDMR Shareholding (5777Q)
February 21 2023 - 3:39AM
UK Regulatory
TIDMSNWS
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.
Details of the person discharging managerial responsibilities
1 / person closely associated.
a) Name Jonathan Bunting
--------------------------------- ------------------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
--------------------------------- ------------------------------------------------
b) Initial notification Initial Notification
/Amendment
--------------------------------- ------------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------
a) Name Smiths News plc
--------------------------------- ------------------------------------------------
b) LEI 2138004033ONVOOQXB02
--------------------------------- ------------------------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary 5p shares
financial instrument,
type of instrument
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
--------------------------------- ------------------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated.
a) Name Jonathan Bunting
-------------------------------------- ------------------------------------------------
Reason for the notification
2
----------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
-------------------------------------- ------------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------------------- ------------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------------
a) Name Smiths News plc
-------------------------------------- ------------------------------------------------
b) LEI 2138004033ONVOOQXB02
-------------------------------------- ------------------------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary 5p shares
financial instrument,
type of instrument
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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END
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February 21, 2023 04:39 ET (09:39 GMT)
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