8 Feb 2019 09:20
SMITH & NEPHEW PLC
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8 February 2019
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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 ('PDMR') AND PERSONS CLOSELY ASSOCIATED WITH THEM.
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Smith & Nephew plc (the "Company") announces that it has been informed of changes to the share interests of PDMRs in the Company, detailed below, following completion of the related performance periods.
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Smith & Nephew Global Share Plan 2010 (Performance Share Awards):
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Name of PDMR | Number of ordinary shares under award granted on 07/03/2016 (shown at maximum) | Number of ordinary shares lapsed under award (shown at maximum) |
Rodrigo Bianchi | 46,754 | 25,014 |
Bradley Cannon | 28,302 | 15,142 |
Massimiliano Colella | 19,706 | 10,543 |
Phil Cowdy | 16,570 | 8,865 |
Elga Lohler | 25,676 | 13,737 |
Cathy O'Rourke | 13,242 | 7,085 |
Susan Swabey | 11,794 | 6,310 |
Glenn Warner | 38,724 | 20,718 |
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Notes:
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(i) Following completion of the performance measurement period, 93% of the target awards made on 7 March 2016 vested.
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(ii) At maximum, 53.5% of awards have lapsed and the remaining 46.5% of awards will vest and subject to continued employment, will be settled on 7 March 2019 being the third anniversary of the awards.
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This announcement is made in accordance with the requirements of Article 19 (3) of the Market Abuse Regulation.
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Susan Swabey
Company Secretary
Smith & Nephew plc
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Tel: 01923 477216