16 Aug 2022 16:57
SMITH & NEPHEW PLC
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16 August 2022
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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.
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1. VESTING OF SHARE AWARDS UNDER THE GLOBAL SHARE PLAN 2010 AND 2020
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On 15 August 2022, 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 & 2020.
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i. FINAL VESTING ON 15 AUGUST 2022 OF CONDITIONAL SHARE AWARDS MADE UNDER THE GLOBAL SHARE PLAN 2010:
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The awards were granted under the Global Share Plan 2010 on 15 August 2019. One third of the shares vested on 15 August 2020, a further third vested on 15 August 2021 and the final third vested on 15 August 2022. A number of Shares were sold to cover taxation obligations arising on the vesting of the awards.
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The following relates to individual included in the below notification:
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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 Β | Smith & Nephew plc ordinary shares of USD 0.20 each Β |
Identification code | ISIN: GB0009223206 |
Nature of the transaction | Final vesting of a Conditional Share Award granted on 15 August 2019 under the Smith & Nephew Global Share Plan 2010. |
Date of Transaction | 2022 - 08 - 15 |
Place of Transaction | London Stock Exchange (XLON) |
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Name (Position) | Β Status | Price (Β£) | Volume | Aggregated information | Total Ordinary Share Holding following the transaction * | Total Ordinary Share Holding as a % of the Company's ISC following the transaction * |
Alison Parkes (Chief Compliance Officer) | PDMR | 10.558686 | 823 (of which 202 were sold and 621 retained) | N/A Single Transaction | 2,425.32487 ordinary shares (including 712.66244 in ADS') | 0.00028% Β |
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* including those held by Persons Closely Associated with the Director/PDMR. All figures in these columns are stated to 5 decimal places where applicable.
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ii. PARTIAL VESTING ON 15 AUGUST 2022 OF CONDITIONAL SHARE AWARDS MADE UNDER THE GLOBAL SHARE PLAN 2020:
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The awards were granted under the Global Share Plan 2020 on 13 August 2020. One third of the shares vested on 13 August 2021, a further third vested on 13 August 2022 and the final third will vest on 13 August 2023. A number of Shares were sold to cover taxation obligations arising on the vesting of the awards.
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The following relates to individuals included in the below notification:
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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 Β | Smith & Nephew plc ordinary shares of USD 0.20 each Β |
Identification code | ISIN: GB0009223206 |
Nature of the transaction | Partial vesting of a Conditional Share Award granted on 13 August 2020 under the Smith & Nephew Global Share Plan 2020. |
Date of Transaction | 2022 - 08 - 15 |
Place of Transaction | London Stock Exchange (XLON) |
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Name (Position) | Β Status | Price (Β£) | Volume | Aggregated information | Total Ordinary Share Holding following the transaction * | Total Ordinary Share Holding as a % of the Company's ISC following the transaction * |
Alison Parkes (Chief Compliance Officer) | PDMR | 10.558686 | 819 (of which 200 were sold and 619 retained) | N/A Single Transaction | 3,044.32487 ordinary shares (including 712.66244 in ADS') | 0.00035% Β |
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* including those held by Persons Closely Associated with the Director/PDMR. All figures in these columns are stated to 5 decimal places where applicable.
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iii. PARTIAL VESTING ON 15 AUGUST 2022 OF CONDITIONAL SHARE AWARDS MADE UNDER THE GLOBAL SHARE PLAN 2020:
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The awards were granted under the Global Share Plan 2020 on 13 August 2021. One third of the shares vested on 13 August 2022, a further third will vest on 13 August 2023 and the final third will vest on 13 August 2024. A number of Shares were sold to cover taxation obligations arising on the vesting of the awards.
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The following relates to individuals included in the below notification:
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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 Β | Smith & Nephew plc ordinary shares of USD 0.20 each Β |
Identification code | ISIN: GB0009223206 |
Nature of the transaction | Partial vesting of a Conditional Share Award granted on 13 August 2021 under the Smith & Nephew Global Share Plan 2020. |
Date of Transaction | 2022 - 08 - 15 |
Place of Transaction | London Stock Exchange (XLON) |
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Name (Position) | Β Status | Price (Β£) | Volume | Aggregated information | Total Ordinary Share Holding following the transaction * | Total Ordinary Share Holding as a % of the Company's ISC following the transaction * |
Alison Parkes (Chief Compliance Officer) | PDMR | 10.558686 | 1,219 (of which 298 were sold and 921 retained) | N/A Single Transaction | 3,965.32487 ordinary shares (including 712.66244 in ADS') | 0.00045% Β |
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* including those held by Persons Closely Associated with the Director/PDMR. All figures in these columns are stated to 5 decimal places where applicable.
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Sarah Carne
Deputy Company Secretary
Smith & Nephew plc
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Tel: +44 (0)1923 477100
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