Director/PDMR Shareholding
Updated : 14:48
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 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.
The relevant notifications set out below are 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
| Paul Baker | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Financial 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
| 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 | |||
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
| 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
email: cosec@smithsnews.co.uk
LEI: 2138004O33ONVOOQXB02
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