Last checked at 9 Mar 2020 17:06
SMITH & NEPHEW PLC
9 March 2020
NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") AND PERSONS CLOSELY ASSOCIATED WITH THEM.
On 9 March 2020 the following awards of US$0.20 ordinary shares (the "Shares") in Smith & Nephew plc (the "Company") were granted under the Smith & Nephew Global Share Plan 2010. The Awards have been made in London and are based on the closing Share price on the London Stock Exchange on 6 March 2020 of £16.78.
1. EQUITY INCENTIVE AWARDS GRANTED UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2010
The awards will normally vest in equal annual tranches over three years following the award date subject to continued achievement of objectives and employment. In the event that objectives are not met in any of the three years, the portion of shares due to vest on the following anniversary will lapse. Participants will receive an additional number of shares equivalent to the amount of dividend payable per vested share during the relevant performance period.
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 | Equity Incentive Awards granted on 9 March 2020 under the Smith & Nephew Global Share Plan 2010. |
Date of Transaction | 2020 - 03 - 09 |
Place of Transaction | London Stock Exchange (XLON) |
Name | Position / Status | Price (s) | Volume(s) | Aggregated information |
Graham Baker | Chief Financial Officer | £16.78 | 16,601 | N/A Single Transaction |
Bradley Cannon | PDMR | £16.78 | 16,364 | N/A Single Transaction |
Phil Cowdy | PDMR | £16.78 | 10,950 | N/A Single Transaction |
Myra Eskes | PDMR | £16.78 | 8,536 | N/A Single Transaction |
Simon Fraser | PDMR | £16.78 | 10,890 | N/A Single Transaction |
Mark Gladwell | PDMR | £16.78 | 15,494 | N/A Single Transaction |
Melissa Guerdan | PDMR | £16.78 | 13,507 | N/A Single Transaction |
Skip Kiil | PDMR | £16.78 | 15,590 | N/A Single Transaction |
Elga Lohler | PDMR | £16.78 | 14,623 | N/A Single Transaction |
Catheryn O'Rourke | PDMR | £16.78 | 14,216 | N/A Single Transaction |
Vasant Padmanabhan | PDMR | £16.78 | 14,162 | N/A Single Transaction |
Susan Swabey | PDMR | £16.78 | 4,916 | N/A Single Transaction |
2. RESTRICTED SHARE AWARDS GRANTED UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2010
The awards will normally vest ¼ on the first anniversary of grant, ¼ on the second anniversary of grant and the remaining proportion shall vest on the third anniversary of grant subject to continued achievement of objectives and employment.
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 | Restricted share awards granted on 9 March 2020 under the Smith & Nephew Global Share Plan 2010. |
Date of Transaction | 2020 - 03 - 09 |
Place of Transaction | London Stock Exchange (XLON) |
Name | Position / Status | Price (s) | Volume(s) | Aggregated information |
Bradley Cannon | PDMR | £16.78 | 26,183 | N/A Single Transaction |
Phil Cowdy | PDMR | £16.78 | 18,414 | N/A Single Transaction |
Myra Eskes | PDMR | £16.78 | 26,377 | N/A Single Transaction |
Simon Fraser | PDMR | £16.78 | 22,434 | N/A Single Transaction |
Mark Gladwell | PDMR | £16.78 | 24,791 | N/A Single Transaction |
Melissa Guerdan | PDMR | £16.78 | 21,820 | N/A Single Transaction |
Skip Kiil | PDMR | £16.78 | 32,116 | N/A Single Transaction |
Elga Lohler | PDMR | £16.78 | 23,397 | N/A Single Transaction |
Catheryn O'Rourke | PDMR | £16.78 | 22,856 | N/A Single Transaction |
Vasant Padmanabhan | PDMR | £16.78 | 22,441 | N/A Single Transaction |
Vickie Reuben
Deputy Company Secretary
Smith & Nephew plc
Tel: 01923 477216