TIDMSNWS

RNS Number : 5777Q

Smiths News PLC

21 February 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 1,016,524 Long Term Incentive Plan (2019) shares, receipt of 136,446 shares in respect of the dividend equivalent payment and the subsequent sale of 543,801 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.

 
       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          Exercise of 1,016,524 Long Term Incentive 
                                           Plan (2019) shares and receipt of 
                                           136,446 shares in respect of the 
                                           dividend equivalent payment. 
      ---------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
                                          ----------------------------  --------------- 
                                           Price(s)                      Volume(s) 
                                          ----------------------------  --------------- 
    Nil consideration                                                    1,152,970 
   -------------------------------------------------------------------  --------------- 
 
 d)    Aggregated information             n/a single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction            20 February 2023 
      ---------------------------------  ------------------------------------------------ 
 f)    Place of the transaction           London Stock Exchange, Main Market 
      ---------------------------------  ------------------------------------------------ 
 
 
       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               Sale of 543,801 shares to cover the 
                                                tax and NI liability arising following 
                                                exercise of 1,016,524 Long Term Incentive 
                                                Plan (2019) shares and receipt of 
                                                136,446 shares in respect of the 
                                                dividend equivalent payment. 
      --------------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
                                               ----------------------  --------------------- 
                                                Price(s)                Volume(s) 
                                               ----------------------  --------------------- 
                                                0.446140p               543,801 
                                               ----------------------  --------------------- 
 
 d)    Aggregated information                  n/a single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                 20 February 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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END

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