DS Smith Plc ("the Company")
Transactions in shares by Persons Discharging Managerial Responsibilities ("PDMRs")
12 July 2024
On 11 July 2024 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 | 479,066 | 43,326 |
| Richard Pike | 263,157 | 20,328 |
| Stefano Rossi | 128,182 | 11,812 |
These awards will normally vest on the third anniversary of grant, being 11 July 2027. 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 |
522,392 £NIL | ||||||
| e)
| Date of the transaction | 11 July 2024 | ||||||
| f) | Place of the transaction | LONDON | ||||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a)
| Name
| RICHARD PIKE | ||||||
| 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 |
283,485 £NIL | ||||||
| e)
| Date of the transaction | 11 July 2024 | ||||||
| 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 |
139,994 £NIL | ||||||
| e)
| Date of the transaction | 11 July 2024 | ||||||
| f) | Place of the transaction | LONDON
| ||||||
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