Smiths News PLC Director/PDMR Shareholding (4915U)
23 November 2023 - 12:00PM
UK Regulatory
TIDMSNWS
RNS Number : 4915U
Smiths News PLC
23 November 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:
Deferred Bonus Plan - Grant
Pursuant to an award representing 50% of an annual bonus for
FY2023 earned by each participant and deferred into shares, the
following award was granted as a nil cost option, on terms that
whilst the participant is entitled to immediately exercise the
option upon grant, the net number of shares awarded as a result and
after deduction of relevant income taxes and national insurance
liability shall be subject to a dealing restriction for a period of
two (2) years calculated from the Date of Grant (i.e. until 23
November 2025). No consideration was paid for the grant of the
award. No price is payable on the exercise of the award. For the
purposes of this award, the grant was made at a share price of
GBP0.471 (being the average of the three-day middle market
quotation price of the Company's shares in the period 20-22
November 2023).
Name of Participant Share Price Form of Award Normal Vesting Maximum Number
(GBP) Date of Options
23 November
Jonathan Bunting 0.471 Nil-cost option 2023 319,091
------------ ---------------- --------------- ---------------
23 November
Paul Baker 0.471 Nil-cost option 2023 207,875
------------ ---------------- --------------- ---------------
The relevant notifications set out below are provided in
accordance with the requirements of Article 19 of the EU Market
Abuse Regulation.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Jonathan Bunting
--------------------------------- ----------------------------------------------
Reason for the notification
2
---------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
--------------------------------- ----------------------------------------------
b) Initial notification Initial Notification
/Amendment
--------------------------------- ----------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------------
a) Name Smiths News plc
--------------------------------- ----------------------------------------------
b) LEI 2138004033ONVOOQXB02
--------------------------------- ----------------------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary 5p shares
financial instrument,
type of instrument
Identification code ISIN: GB00B17WCR61
b) Nature of the transaction Grant of 319,091 nil cost options
pursuant to the Deferred Bonus Plan
(2023)
--------------------------------- ----------------------------------------------
c) Price(s) and volume(s)
--------------------------- --------------
Price(s) Volume(s)
--------------------------- --------------
Nil consideration 319,091
------------------------------------------------------------------ --------------
d) Aggregated information n/a single transaction
- Aggregated volume
- Price
e) Date of the transaction 23 November 2023
--------------------------------- ----------------------------------------------
f) Place of the transaction Grant of the options took place outside
of a trading venue
--------------------------------- ----------------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Paul Baker
--------------------------------- ----------------------------------------------
Reason for the notification
2
---------------------------------------------------------------------------------
a) Position/status Chief Financial Officer
--------------------------------- ----------------------------------------------
b) Initial notification Initial Notification
/Amendment
--------------------------------- ----------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------------
a) Name Smiths News plc
--------------------------------- ----------------------------------------------
b) LEI 2138004033ONVOOQXB02
--------------------------------- ----------------------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary 5p shares
financial instrument,
type of instrument
Identification code ISIN: GB00B17WCR61
b) Nature of the transaction Grant of 207,875 nil cost options
pursuant to the Deferred Bonus Plan
(2023)
--------------------------------- ----------------------------------------------
c) Price(s) and volume(s)
--------------------------- --------------
Price(s) Volume(s)
--------------------------- --------------
Nil consideration 207,875
------------------------------------------------------------------ --------------
d) Aggregated information n/a single transaction
- Aggregated volume
- Price
e) Date of the transaction 23 November 2023
--------------------------------- ----------------------------------------------
f) Place of the transaction Grant of the options took place outside
of a trading venue
--------------------------------- ----------------------------------------------
Karen Mills
Deputy Company Secretary
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 or visit 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.
END
DSHUOVRROWUAUAA
(END) Dow Jones Newswires
November 23, 2023 06:00 ET (11:00 GMT)
Smiths News (AQSE:SNWS.GB)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Smiths News (AQSE:SNWS.GB)
Historical Stock Chart
Von Dez 2023 bis Dez 2024
