Last checked at 1 Oct 2015 09:58
1 OCTOBER 2015
SMITHS GROUP PLC (issuer)
DTR 3.1.4R(1)
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY (PDMRs) PURSUANT TO DTR 3.1.4R(1)(a)
VESTING OF CONDITIONAL SHARE AWARDS
On 30 September 2015 the conditional share awards granted on 19 October 2012 under the Smiths Group Long-Term Incentive Plan 2011 and its Divisional Long-Term Incentive Plans ('LTIP') partially vested in accordance with the LTIP rules.
On the same date, the matching share awards granted on 19 October 2012 under the Company's Co-Investment Plan ('CIP') vested in full in accordance with the CIP rules.
The PDMRs of the Company listed in Table 1 below received the number of Smiths Group plc ordinary shares of 37.5p ("shares") shown in Cols C and D of the table against their names, in satisfaction of the vesting of their respective awards under LTIP and CIP (where applicable). The numbers of shares shown in Col. E of the table against their names were sold, over the two business days up to and including 30 September 2015, in order to finance the income tax and National Insurance contributions or social security charges that they have incurred as a result of their awards vesting. The weighted average price per share at which these shares were sold was 999.6163p per share. The net number of shares retained, after financing tax etc., is shown in Col F. and the individuals' resultant total interests in shares is shown in Col. G.
Table 1
Col. A | Col. B | Col. C | Col. D | Col. E | Col. F | Col. G |
Name | Status | Shares acquired under LTIP | Shares acquired under CIP | Shares sold in market | Shares retained | Total interests in shares following all notifications |
Mr S.C. Beesley | PDMR | 1,383 | 5,255 | 3,127 | 3,511 | 58,504 |
Mr R.H.C. Carter | PDMR | 1,374 | 4,921 | 2,965 | 3,330 | 29,830 |
Mr D. Gillis | PDMR | 17,481 | 7,883 | 9,598 | 17,646 | |
Mr M.H.C Herlihy | PDMR | 7,380 | 25,667 | 15,564 | 17,483 | 64,660 |
Mr J.B.F. Jones | PDMR | 4,997 | 12,503 | 8,242 | 9,258 | 46,778 |
Mr A. Lappin | PDMR | 1,245 | 6,981 | 3,874 | 4,352 | 8,513 |
Mr T. Nolan | PDMR | 5,285 | 23,096 | 13,366 | 15,015 | 50,511 |
Mr W.T. Smith | PDMR | 19,693 | 30,899 | 25,347 | 25,245 | 175,730 |
Name of contact and telephone number for queries: MEL ROWLANDS (Company Secretary) - 020 7808 5561
Name of duly authorised officer of issuer responsible for making notification: MEL ROWLANDS
Date of notification: 1 OCTOBER 2015