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 |
Exercise of options over 199,302 ordinary shares which were nil-cost option awards granted on 1 July 2016 under the DS Smith 2008 Performance Share Plan (PSP) and Deferred Share Bonus Plan (DSBP) that vested on 1 July 2019 and the consequential sale of 93,861 shares to pay the tax due on that exercise and transfer of 105,441 shares to Sheilagh Marsh - a Person Closely Associated to Adrian Ross Thomas Marsh (Spouse). |
c) |
Price(s) and volume(s) |
Item |
Price(s) |
Volume(s) |
Option |
£NIL |
199,302 |
Sale |
£3.453 |
93,861 |
Transfer |
£NIL |
105,441 |
|
d) |
Aggregated information - Aggregated volume - Price |
199,302 £NIL 93,861 £3.453 105,441 £NIL |
e) |
Date of the transaction |
26 SEPTEMBER 2019 |
f) |
Place of the transaction |
LONDON |