Last checked at 1 Aug 2017 10:30
1 AUGUST 2017
NOTIFICATION OF TRANSACTION OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITY
1
| Details of the person discharging managerial responsibilities / person closely associated
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a) | Name | Sir George Buckley
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2 | Reason for the notification | |||||
a) | Position/status | Chairman
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b) | Initial notification /Amendment | Initial notification
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3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a) | Name | Smiths Group plc ("the Company")
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b) | LEI | 213800MJL6IPZS3ASA11
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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
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a) | Description of the financial instrument, type of instrument
Identification code | Ordinary shares of 37.5p each in Smiths Group plc ("Ordinary Shares")
GB00B1WY2338
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b)
| Nature of the transaction
| Acquisition of Ordinary Shares, in accordance with a binding commitment entered into on 19 July 2017, pursuant to which the Chairman purchases Ordinary Shares on a quarterly basis, using a fixed proportion (20%) of the after-tax fees he receives from the Company.
The Chairman intends to hold the Ordinary Shares purchased under this arrangement until his retirement from the board of the Company.
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c) | Price(s) and volume(s) |
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d)
| Aggregated information
- Aggregated volume - Price
| Not applicable
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e) | Date of the transaction | 2017-08-01
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f) | Place of the transaction | London Stock Exchange (XLON)
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