REG - Smiths News PLC - Director/PDMR Shareholding

Smiths NewsAnnouncement

11/12/2023 16:30

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RNS Number : 3866W  Smiths News PLC  11 December 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
1,398,114 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.

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                                                         Jonathan Bunting

 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                                                         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 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

 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 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

email: cosec@smithsnews.co.uk

LEI: 2138004O33ONVOOQXB02

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