Picture of Smurfit WestRock logo

SWR Smurfit WestRock News Story

0.000.00%
gb flag iconLast trade - 00:00
Basic MaterialsSpeculativeLarge CapNeutral

REG - Smurfit Westrock PLC - Director/PDMR Shareholding

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250218:nRSR5927Xa&default-theme=true

RNS Number : 5927X  Smurfit Westrock PLC  18 February 2025

Notification of Transactions by Persons Discharging Managerial
Responsibilities and persons closely associated with them

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Anthony Smurfit

 2    Reason for the notification

 a)   Position/status                                              President and Group Chief Executive Officer /Executive Director

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Smurfit Westrock plc

 b)   LEI                                                          635400EGSEOPDW2EXS14

 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 Shares of $0.001 each

      Identification code                                          IE00028FXN24

 b)   Nature of the transaction                                    1.   Vesting of Awards granted in 2022 under the SKG 2018 Deferred Bonus

                                                            Plan settled on a net settlement basis.

                                                                   2.   Vesting of Awards granted in 2022 under the SKG 2018 Performance Share
                                                                   Plan settled on a net settlement basis.

 c)   Price(s) and volume(s)

                                                                                             Price(s)                  Volume(s)
                                                                                             1. Nil                    16,301
                                                                                             2. Nil                    72,366

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      14 February 2025

 f)   Place of the transaction                                     Outside a trading venue

 g)   Additional Information                                       Shares are being delivered on a net settlement basis

Total Shares Vested  Net Shares delivered to PDMR (after giving effect to withholding tax
                                                                              obligations)
                                                                   1.  17,779           16,301
                                                                   2.  78,925           72,366

 

                                                                   Net settlement price was $54.65

 

Net settlement price was $54.65

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities and persons closely associated with them

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Ken Bowles

 2    Reason for the notification

 a)   Position/status                                              Executive Vice President and Group Chief Financial Officer /Executive Director

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Smurfit Westrock plc

 b)   LEI                                                          635400EGSEOPDW2EXS14

 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 Shares of $0.001 each

      Identification code                                          IE00028FXN24

 b)   Nature of the transaction                                    1.   Vesting of Awards granted in 2022 under the SKG 2018 Deferred Bonus

                                                            Plan settled on a net settlement basis.

                                                                   2.   Vesting of Awards granted in 2022 under the SKG 2018 Performance Share
                                                                   Plan settled on a net settlement basis.

 c)   Price(s) and volume(s)

                                                                                             Price(s)                  Volume(s)
                                                                                             1. Nil                    5,190
                                                                                             2. Nil                    19,035

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      14 February 2025

 f)   Place of the transaction                                     Outside a trading venue

 g)   Additional Information                                       Shares are being delivered on a net settlement basis

Total Shares Vested  Net Shares delivered to PDMR (after giving effect to withholding tax
                                                                              obligations)
                                                                   1.  10,836           5,190
                                                                   2.  39,740           19,035

 

                                                                   Net settlement price was $54.65

 

Net settlement price was $54.65

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities and persons closely associated with them

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Alvaro Henao

 2    Reason for the notification

 a)   Position/status                                              President and Chief Executive Officer, LATAM

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Smurfit Westrock plc

 b)   LEI                                                          635400EGSEOPDW2EXS14

 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 Shares of $0.001 each

      Identification code                                          IE00028FXN24

 b)   Nature of the transaction                                    1.   Vesting of Awards granted in 2022 under the SKG 2018 Deferred Bonus

                                                            Plan settled on a net settlement basis.

                                                                   2.   Vesting of Awards granted in 2022 under the SKG 2018 Performance Share
                                                                   Plan settled on a net settlement basis.

 c)   Price(s) and volume(s)

                                                                                             Price(s)                  Volume(s)
                                                                                             1. Nil                    2,518
                                                                                             2. Nil                    8,581

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      14 February 2025

 f)   Place of the transaction                                     Outside a trading venue

 g)   Additional Information                                       Shares are being delivered on a net settlement basis

Total Shares Vested  Net Shares delivered to PDMR (after giving effect to withholding tax
                                                                              obligations)
                                                                   1.  4,038            2,518
                                                                   2.  14,149           8,581

 

                                                                   Net settlement price was $54.65

 

Net settlement price was $54.65

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities and persons closely associated with them

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Saverio Mayer

 2    Reason for the notification

 a)   Position/status                                              President and Chief Executive Officer (Europe, MEA and APAC)

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Smurfit Westrock plc

 b)   LEI                                                          635400EGSEOPDW2EXS14

 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 Shares of $0.001 each

      Identification code                                          IE00028FXN24

 b)   Nature of the transaction                                    1.   Vesting of Awards granted in 2022 under the SKG 2018 Deferred Bonus

                                                            Plan settled on a net settlement basis.

                                                                   2.   Vesting of Awards granted in 2022 under the SKG 2018 Performance Share
                                                                   Plan settled on a net settlement basis.

 c)   Price(s) and volume(s)

                                                                                             Price(s)                  Volume(s)
                                                                                             1. Nil                    5,442
                                                                                             2. Nil                    18,109

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      14 February 2025

 f)   Place of the transaction                                     Outside a trading venue

 g)   Additional Information                                       Shares are being delivered on a net settlement basis

Total Shares Vested  Net Shares delivered to PDMR (after giving effect to withholding tax
                                                                              obligations)
                                                                   1.  9,462            5,442
                                                                   2.  31,484           18,109

 

                                                                   Net settlement price was $54.65

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

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

 

a)

 

Name

 

 

Smurfit Westrock plc

b)

 

LEI

 

 

635400EGSEOPDW2EXS14

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 Shares of $0.001 each

Identification code

IE00028FXN24

b)

 

Nature of the transaction

 

 

1.   Vesting of Awards granted in 2022 under the SKG 2018 Deferred Bonus
Plan settled on a net settlement basis.

 

2.   Vesting of Awards granted in 2022 under the SKG 2018 Performance Share
Plan settled on a net settlement basis.

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

1. Nil

5,442

2. Nil

18,109

d)

 

Aggregated information

N/A

- Aggregated volume

- Price

e)

 

Date of the transaction

 

 

14 February 2025

f)

 

Place of the transaction

 

 

Outside a trading venue

g)

Additional Information

 

 

Shares are being delivered on a net settlement basis

 

 Total Shares Vested  Net Shares delivered to PDMR (after giving effect to withholding tax
                      obligations)
 1.  9,462            5,442
 2.  31,484           18,109

 

Net settlement price was $54.65

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities and persons closely associated with them

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Laurent Sellier

 2    Reason for the notification

 a)   Position/status                                              President and Chief Executive Officer (North America including Mexico)

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Smurfit Westrock plc

 b)   LEI                                                          635400EGSEOPDW2EXS14

 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 Shares of $0.001 each

      Identification code                                          IE00028FXN24

 b)   Nature of the transaction                                    1.   Vesting of Awards granted in 2022 under the SKG 2018 Deferred Bonus

                                                            Plan settled on a net settlement basis.

                                                                   2.   Vesting of Awards granted in 2022 under the SKG 2018 Performance Share
                                                                   Plan settled on a net settlement basis.

 c)   Price(s) and volume(s)

                                                                                             Price(s)                  Volume(s)
                                                                                             1. Nil                    3,838
                                                                                             2. Nil                    14,395

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      14 February 2025

 f)   Place of the transaction                                     Outside a trading venue

 g)   Additional Information                                       Shares are being delivered on a net settlement basis

Total Shares Vested  Net Shares delivered to PDMR (after giving effect to withholding tax
                                                                              obligations)
                                                                   1.  6,946            3,838
                                                                   2.  26,051           14,395

 

                                                                   Net settlement price was $54.65

 

Net settlement price was $54.65

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities and persons closely associated with them

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Irial Finan

 2    Reason for the notification

 a)   Position/status                                              Chair/Non-executive Director

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Smurfit Westrock plc

 b)   LEI                                                          635400EGSEOPDW2EXS14

 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 Shares of $0.001 each

      Identification code                                          IE00028FXN24

 b)   Nature of the transaction                                    Vesting of the 2024 RSU Conditional Award granted under the Smurfit Westrock

                                                            2024 Long-Term Incentive Plan settled on a net settlement basis

 c)   Price(s) and volume(s)

                                                                                             Price(s)                  Volume(s)
                                                                                             Nil                       1,754

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      14 February 2025

 f)   Place of the transaction                                     Outside a trading venue

 g)   Additional Information                                       Shares are being delivered on a net settlement basis

Total Shares Vested  Net Shares delivered to PDMR (after giving effect to withholding tax
                                                                              obligations)
                                                                   3,330                1,754

 

                                                                   Net settlement price was $54.65

 

Net settlement price was $54.65

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities and persons closely associated with them

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Carol Fairweather

 2    Reason for the notification

 a)   Position/status                                              Non-executive Director

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Smurfit Westrock plc

 b)   LEI                                                          635400EGSEOPDW2EXS14

 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 Shares of $0.001 each

      Identification code                                          IE00028FXN24

 b)   Nature of the transaction                                    Vesting of the 2024 RSU Conditional Award granted under the Smurfit Westrock

                                                            2024 Long-Term Incentive Plan settled on a net settlement basis

 c)   Price(s) and volume(s)

                                                                                             Price(s)                  Volume(s)
                                                                                             Nil                       1,116

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      14 February 2025

 f)   Place of the transaction                                     Outside a trading venue

 g)   Additional Information                                       Shares are being delivered on a net settlement basis

Total Shares Vested  Net Shares delivered to PDMR (after giving effect to withholding tax
                                                                              obligations)
                                                                   2,119                1,116

 

                                                                   Net settlement price was $54.65

 

Net settlement price was $54.65

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities and persons closely associated with them

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Mary Lynn Ferguson-McHugh

 2    Reason for the notification

 a)   Position/status                                              Non-Executive Director

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Smurfit Westrock plc

 b)   LEI                                                          635400EGSEOPDW2EXS14

 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 Shares of $0.001 each

      Identification code                                          IE00028FXN24

 b)   Nature of the transaction                                    Vesting of the 2024 RSU Conditional Award granted under the Smurfit Westrock

                                                            2024 Long-Term Incentive Plan settled on a net settlement basis

 c)   Price(s) and volume(s)

                                                                                             Price(s)                  Volume(s)
                                                                                              Nil                      1,116

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      14 February 2025

 f)   Place of the transaction                                     Outside a trading venue

 g)   Additional Information                                       Shares are being delivered on a net settlement basis

Total Shares Vested  Net Shares delivered to PDMR (after giving effect to withholding tax
                                                                              obligations)
                                                                   2,119                1,116

 

                                                                   Net settlement price was $54.65

 

Net settlement price was $54.65

 

 

 

 

 

 

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities and persons closely associated with them

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Kaisa Hietala

 2    Reason for the notification

 a)   Position/status                                              Non-Executive Director

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Smurfit Westrock plc

 b)   LEI                                                          635400EGSEOPDW2EXS14

 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 Shares of $0.001 each

      Identification code                                          IE00028FXN24

 b)   Nature of the transaction                                    Vesting of the 2024 RSU Conditional Award granted under the Smurfit Westrock

                                                            2024 Long-Term Incentive Plan settled on a net settlement basis

 c)   Price(s) and volume(s)

                                                                                             Price(s)                  Volume(s)
                                                                                             Nil                       1,116

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      14 February 2025

 f)   Place of the transaction                                     Outside a trading venue

 g)   Additional Information                                       Shares are being delivered on a net settlement basis

Total Shares Vested  Net Shares delivered to PDMR (after giving effect to withholding tax
                                                                              obligations)
                                                                   2,119                1,116

 

                                                                   Net settlement price was $54.65

 

Net settlement price was $54.65

 

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities and persons closely associated with them

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Jørgen Buhl Rasmussen

 2    Reason for the notification

 a)   Position/status                                              Non-executive Director

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Smurfit Westrock plc

 b)   LEI                                                          635400EGSEOPDW2EXS14

 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 Shares of $0.001 each

      Identification code                                          IE00028FXN24

 b)   Nature of the transaction                                    Vesting of the 2024 RSU Conditional Award granted under the Smurfit Westrock

                                                            2024 Long-Term Incentive Plan settled on a net settlement basis

 c)   Price(s) and volume(s)

                                                                                             Price(s)                  Volume(s)
                                                                                             Nil                       1,116

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      14 February 2025

 f)   Place of the transaction                                     Outside a trading venue

 g)   Additional Information                                       Shares are being delivered on a net settlement basis

Total Shares Vested  Net Shares delivered to PDMR (after giving effect to withholding tax
                                                                              obligations)
                                                                   2,119                1,116

 

                                                                   Net settlement price was $54.65

 

Net settlement price was $54.65

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities and persons closely associated with them

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Lourdes Melgar

 2    Reason for the notification

 a)   Position/status                                              Non-executive Director

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Smurfit Westrock plc

 b)   LEI                                                          635400EGSEOPDW2EXS14

 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 Shares of $0.001 each

      Identification code                                          IE00028FXN24

 b)   Nature of the transaction                                    Vesting of the 2024 RSU Conditional Award granted under the Smurfit Westrock

                                                            2024 Long-Term Incentive Plan settled on a net settlement basis

 c)   Price(s) and volume(s)

                                                                                             Price(s)                  Volume(s)
                                                                                             Nil                       1,116

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      14 February 2025

 f)   Place of the transaction                                     Outside a trading venue

 g)   Additional Information                                       Shares are being delivered on a net settlement basis

Total Shares Vested  Net Shares delivered to PDMR (after giving effect to withholding tax
                                                                              obligations)
                                                                     2,119              1,116

 

                                                                   Net settlement price was $54.65

 

Net settlement price was $54.65

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHBIGDDGDBDGUI

Recent news on Smurfit WestRock

See all news