Last checked at 19 Aug 2020 14:00
SMITH & NEPHEW PLC
19 August 2020
NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM.
On 15 August 2020, the following awards of US$0.20 ordinary shares (the "Shares") in Smith & Nephew plc (the "Company") vested under the Smith & Nephew Global Share Plan 2010.
PARTIAL VESTING ON 15 AUGUST 2020 OF CONDITIONAL SHARE AWARDS MADE UNDER THE GLOBAL SHARE PLAN 2010:
The awards were granted under the Global Share Plan 2010 on 15 August 2018. One third of the shares vested on 15 August 2019, a further third vested on 15 August 2020 and the final third will vest on 15 August 2021. A number of Shares were sold to cover taxation obligations arising on the vesting of the awards.
The following relates to all individuals included in this notification:
Reason for the notification | |
Initial notification /Amendment | Initial notification |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
Name | Smith & Nephew plc |
LEI | 213800ZTMDN8S67S1H61 |
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 | |
Description of the financial instrument, type of instrument
| Smith & Nephew plc ordinary shares of USD 0.20 each
|
Identification code | ISIN: GB0009223206 |
Nature of the transaction | Partial vesting of a Conditional Share Award granted on 15 August 2018 under the Smith & Nephew Global Share Plan 2010. |
Date of Transaction | 2020 - 08 - 18 |
Place of Transaction | London Stock Exchange (XLON) |
Name | Director / PDMR | Price (£) | Volume | Aggregated information | Total Share Holding following the transaction * | Total Share Holding as a % of the Company's ISC following the transaction * |
Mark Gladwell | PDMR | 15.3897
| 9,774 (of which 4,610 were sold and 5,164 retained) | N/A Single Transaction | 11,590.64119 ordinary shares | 0.00131%
|
Melissa Guerdan | PDMR | 15.3897
| 3,840 (of which 1,157 were sold and 2,683 retained) | N/A Single Transaction | 6,662.18425 ordinary shares | 0.00075%
|
* including those held by Persons Closely Associated with the Director/PDMR. All figures in these columns are stated to 5 decimal places where applicable.
Vickie Reuben
Deputy Company Secretary
Smith & Nephew plc
Tel: +44 (0)1923 477410