Smith (DS) PLC

Director's Dealing • Jul 14, 2023

National Storage Mechanism | Additional information

RNS Number : 1235G

Smith (DS) PLC

14 July 2023

DS Smith Plc ("the Company") 

Transactions in shares by Persons Discharging Managerial Responsibilities ("PDMRs")

14 July 2023

On 14 July 2023 nil-cost option awards over the Company's Ordinary Shares of 10p each ("Shares") granted on 14 July 2020 under the terms of the DS Smith 2008 Performance Share Plan ("PSP") vested to the following PDMRs as shown in the table below.

Name	Number of PSP awards vested	Number of dividend equivalent Shares on vested PSP awards
Miles Roberts	431,415	41,976
Stefano Rossi	100,654	9,793

·      In accordance with the terms of the approved remuneration policy, a two-year holding period applies from the vesting date for Miles Roberts to his PSP awards vesting on 14 July 2023, during which time awarded Shares may not be sold (other than to satisfy statutory deductions).

·      The number of dividend equivalent Shares is added to the vested PSP awards on vesting in accordance with the PSP rules and the approved remuneration policy.

The forms required under the Market Abuse Regulation follow.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

MILES WILLIAM ROBERTS

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

DS SMITH PLC

b)

LEI

39RSBE4RCI4M15BLWH36

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

Identification code

ORDINARY SHARES OF 10 PENCE EACH

SMDS

b)

Nature of the transaction

Vesting of PSP award granted on 14 July 2020 over Ordinary Shares under the terms of the DS Smith 2008 Performance Share Plan and associated dividend equivalent Shares.  The vested PSP award is subject to a two-year holding period from the vesting date.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£NIL	431,415
£NIL	41,976

d)

Aggregated information

- Aggregated volume

- Price

473,391

£NIL

e)

Date of the transaction

14 July 2023

f)

Place of the transaction

LONDON

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

STEFANO ROSSI

2

Reason for the notification

a)

Position/status

CHIEF EXECUTIVE PACKAGING

b)

Initial notification /Amendment

INITIAL NOTIFICATION

3

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

a)

Name

DS SMITH PLC

b)

LEI

39RSBE4RCI4M15BLWH36

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

Identification code

ORDINARY SHARES OF 10 PENCE EACH

SMDS

b)

Nature of the transaction

Vesting of PSP award granted on 14 July 2020 over Ordinary Shares under the terms of the DS Smith 2008 Performance Share Plan and associated dividend equivalent Shares. 

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£NIL	100,654
£NIL	9,793

d)

Aggregated information

- Aggregated volume

- Price

110,447

£NIL

e)

Date of the transaction

14 July 2023

f)

Place of the transaction

LONDON

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