DS Smith Plc ("the Company")
Transactions in shares by Persons Discharging Managerial Responsibilities ("PDMRs")
9 July 2021
On 8 July 2021 the Company granted in accordance with the provisions of the Company's approved Remuneration Policy the following nil-cost options over Ordinary Shares of 10p each ("Shares") under the terms of the DS Smith 2008 Performance Share Plan ("PSP") and the DS Smith Deferred Share Bonus Plan ("DSBP").
| Name | Maximum number of Shares subject to award under PSP | Number of Shares subject to award under DSBP |
| Miles Roberts | 411,635 | 177,529 |
| Adrian Marsh | 229,953 | 83,672 |
| Stefano Rossi | 110,253 | 47,805 |
| Colin McIntyre | 101,616 | 49,301 |
These awards will normally vest on the third anniversary of grant, being 8 July 2024. The awards under the PSP are subject to performance conditions and a holding period applies to the Executive Directors from the vesting date in respect of any Shares which vest under these awards.
The forms required under the Market Abuse Regulation follow.
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a)
| Name
| MILES WILLIAM ROBERTS | ||||||
| 2
| Reason for the notification | |||||||
| a)
| Position/status
| GROUP CHIEF EXECUTIVE | ||||||
| b)
| Initial notification /Amendment | INITIAL NOTIFICATION | ||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a)
| Name
| DS SMITH PLC | ||||||
| b)
| LEI | 39RSBE4RCI4M15BLWH36 | ||||||
| 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
Identification code |
ORDINARY SHARES OF 10 PENCE EACH
SMDS | ||||||
| b)
| Nature of the transaction
| Grant of nil cost options under the Company's Performance Share Plan and Deferred Share Bonus Plan. | ||||||
| c)
| Price(s) and volume(s)
|
| ||||||
| d)
| Aggregated information - Aggregated volume - Price |
589,164 £NIL | ||||||
| e)
| Date of the transaction | 8 July 2021 | ||||||
| f) | Place of the transaction | LONDON | ||||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a)
| Name
| ADRIAN ROSS THOMAS MARSH | ||||||
| 2
| Reason for the notification | |||||||
| a)
| Position/status
| GROUP FINANCE DIRECTOR | ||||||
| b)
| Initial notification /Amendment | INITIAL NOTIFICATION | ||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a)
| Name
| DS SMITH PLC | ||||||
| b)
| LEI | 39RSBE4RCI4M15BLWH36 | ||||||
| 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
Identification code |
ORDINARY SHARES OF 10 PENCE EACH
SMDS | ||||||
| b)
| Nature of the transaction
| Grant of nil cost options under the Company's Performance Share Plan and Deferred Share Bonus Plan. | ||||||
| c)
| Price(s) and volume(s)
|
| ||||||
| d)
| Aggregated information - Aggregated volume - Price |
313,625 £NIL | ||||||
| e)
| Date of the transaction | 8 July 2021 | ||||||
| f) | Place of the transaction | LONDON
| ||||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a)
| Name
| STEFANO ROSSI | ||||||
| 2
| Reason for the notification | |||||||
| a)
| Position/status
| CHIEF EXECUTIVE PACKAGING | ||||||
| b)
| Initial notification /Amendment | INITIAL NOTIFICATION | ||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a)
| Name
| DS SMITH PLC | ||||||
| b)
| LEI | 39RSBE4RCI4M15BLWH36 | ||||||
| 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
Identification code |
ORDINARY SHARES OF 10 PENCE EACH
SMDS | ||||||
| b)
| Nature of the transaction
| Grant of nil cost options under the Company's Performance Share Plan and Deferred Share Bonus Plan. | ||||||
| c)
| Price(s) and volume(s)
|
| ||||||
| d)
| Aggregated information - Aggregated volume - Price |
158,058 £NIL | ||||||
| e)
| Date of the transaction | 8 July 2021 | ||||||
| f) | Place of the transaction | LONDON
| ||||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a)
| Name
| COLIN STUART MCINTYRE | ||||||
| 2
| Reason for the notification | |||||||
| a)
| Position/status
| CHIEF EXECUTIVE SUPPLY ENGINE | ||||||
| b)
| Initial notification /Amendment | INITIAL NOTIFICATION | ||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a)
| Name
| DS SMITH PLC | ||||||
| b)
| LEI | 39RSBE4RCI4M15BLWH36 | ||||||
| 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
Identification code |
ORDINARY SHARES OF 10 PENCE EACH
SMDS | ||||||
| b)
| Nature of the transaction
| Grant of nil cost options under the Company's Performance Share Plan and Deferred Share Bonus Plan. | ||||||
| c)
| Price(s) and volume(s)
|
| ||||||
| d)
| Aggregated information - Aggregated volume - Price |
150,917 £NIL | ||||||
| e)
| Date of the transaction | 8 July 2021 | ||||||
| f) | Place of the transaction | LONDON
| ||||||
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