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Smiths News plc announced that Chief Executive Officer Jonathan Bunting exercised 745,227 Long Term Incentive Plan shares and received 193,026 dividend equivalent shares, totalling 938,253 shares at nil consideration, on 28 November 2025. On the same date, Mr. Bunting sold 442,530 ordinary shares at 0.681246 per share to cover the tax and National Insurance liability arising from these transactions.
| Date | 3 Dec 2025 |
| Time | 12:08:19 |
| Category | Director/PDMR dealings |
| ID | 1088K |
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 745,227 Long Term Incentive Plan (FY2023-25) shares, receipt of 193,026 shares in respect of the dividend equivalent payment and the subsequent sale of 442,530 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.
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1
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Details of the person discharging managerial responsibilities / person closely associated.
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a)
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Name
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Jonathan Bunting |
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive Officer |
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b)
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Initial notification /Amendment
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Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Smiths News plc |
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b)
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LEI
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2138004033ONVOOQXB02 |
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4
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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.
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a)
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Description of the financial instrument, type of instrument |
Ordinary 5p shares |
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Identification code |
ISIN: GB00B17WCR61 |
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b)
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Nature of the transaction
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Exercise of 745,227 Long Term Incentive Plan (FY2023-25) shares, and receipt of 193,026 shares in respect of the dividend equivalent payment. |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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Nil consideration |
938,253 |
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d)
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Aggregated information |
n/a single transaction |
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- Aggregated volume |
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- Price |
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e)
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Date of the transaction
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28 November 2025 |
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f)
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Place of the transaction
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London Stock Exchange, Main Market |
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1
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Details of the person discharging managerial responsibilities / person closely associated.
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a)
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Name
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Jonathan Bunting |
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive Officer |
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b)
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Initial notification /Amendment
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Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Smiths News plc |
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b)
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LEI
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2138004033ONVOOQXB02 |
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4
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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.
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a)
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Description of the financial instrument, type of instrument |
Ordinary 5p shares |
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Identification code |
ISIN: GB00B17WCR61 |
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b)
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Nature of the transaction
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Sale of 442,530 shares to cover the tax and NI liability arising following exercise of 745,227 Long Term Incentive Plan (FY2023-25) shares and receipt of 193,026 shares in respect of the dividend equivalent payment. |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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0.681246 |
442,530 |
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d)
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Aggregated information |
n/a single transaction |
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- Aggregated volume |
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- Price |
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e)
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Date of the transaction
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28 November 2025 |
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f)
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Place of the transaction
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London Stock Exchange, Main Market |
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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