REG - Smiths News PLC - Director/PDMR Shareholding

Smiths NewsAnnouncement

14/11/2024 15:30

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RNS Number : 3177M  Smiths News PLC  14 November 2024

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
869,299 Long Term Incentive Plan (FY2022-24) shares, receipt of 170,809 shares
in respect of the dividend equivalent payment and the subsequent sale of
490,569 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 869,299 Long Term Incentive Plan (FY2022-24) shares, and receipt

                                                            of 170,809 shares in respect of the dividend equivalent payment.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         Nil consideration     1,040,108

 d)   Aggregated information                                       n/a single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      13 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                                                         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 490,569 shares to cover the tax and NI liability arising following

                                                            exercise of 869,299 Long Term Incentive Plan (FY2022-24) shares and receipt of
                                                                   170,809 shares in respect of the dividend equivalent payment.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0.610276              490,569

 d)   Aggregated information                                       n/a single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      13 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 (mailto:cosec@smithsnews.co.uk)

LEI: 2138004O33ONVOOQXB02

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