TIDMSNWS

RNS Number : 5594S

Smiths News PLC

16 November 2021

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 Anthony Grace (Executive Director) of 226,010 Long Term Incentive Plan (2018) shares, receipt of 8,805 shares in respect of the dividend equivalent payment and the subsequent sale of 110,585 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.

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                               Anthony Grace 
      ---------------------------------  ----------------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------- 
 a)    Position/status                    Chief Financial Officer 
      ---------------------------------  ----------------------------------------------- 
 b)    Initial notification               Initial Notification 
        /Amendment 
      ---------------------------------  ----------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------- 
 a)    Name                               Smiths News plc 
      ---------------------------------  ----------------------------------------------- 
 b)    LEI                                2138004033ONVOOQXB02 
      ---------------------------------  ----------------------------------------------- 
 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                 Ordinary 5p shares 
        financial instrument, 
        type of instrument 
 
       Identification code                ISIN: GB00B17WCR61 
 
 b)    Nature of the transaction          Exercise of 226,010 Long Term Incentive 
                                           Plan (2018) shares and receipt of 
                                           8,805 shares in respect of the dividend 
                                           equivalent payment. 
      ---------------------------------  ----------------------------------------------- 
 c)    Price(s) and volume(s) 
                                          ----------------------------  -------------- 
                                           Price(s)                      Volume(s) 
                                          ----------------------------  -------------- 
    Nil consideration                                                    234,815 
   -------------------------------------------------------------------  -------------- 
 
 d)    Aggregated information             n/a single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction            15 November 2021 
      ---------------------------------  ----------------------------------------------- 
 f)    Place of the transaction           London Stock Exchange, Main Market 
      ---------------------------------  ----------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                    Anthony Grace 
      --------------------------------------  ---------------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------------- 
 a)    Position/status                         Chief Financial Officer 
      --------------------------------------  ---------------------------------------------- 
 b)    Initial notification                    Initial Notification 
        /Amendment 
      --------------------------------------  ---------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------------- 
 a)    Name                                    Smiths News plc 
      --------------------------------------  ---------------------------------------------- 
 b)    LEI                                     2138004033ONVOOQXB02 
      --------------------------------------  ---------------------------------------------- 
 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                      Ordinary 5p shares 
        financial instrument, 
        type of instrument 
 
       Identification code                     ISIN: GB00B17WCR61 
 
 b)    Nature of the transaction               Sale of 110,585 shares to cover the 
                                                tax and NI liability arising following 
                                                exercise of 226,010 Long Term Incentive 
                                                Plan (2018) shares and receipt of 
                                                8,805 shares in respect of the dividend 
                                                equivalent payment. 
      --------------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
                                               ---------------------  -------------------- 
                                                Price(s)               Volume(s) 
                                               ---------------------  -------------------- 
                                                0.382862p              110,585 
                                               ---------------------  -------------------- 
 
 d)    Aggregated information                  n/a single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                 15 November 2021 
      --------------------------------------  ---------------------------------------------- 
 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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November 16, 2021 07:01 ET (12:01 GMT)

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