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25 Aug 2015 10:08
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
SMITH & NEPHEW PLC
25 August 2015
Smith & Nephew plc announces that yesterday it received notification that a transaction by a person discharging managerial responsibilities ("PDMR") took place, following the partial vesting of shares on 23 August 2015 of the 2012 Equity Incentive Award made under the Global Share Plan 2010:
Name of PDMR | Number of Ordinary Shares acquired | Number of Ordinary Shares sold | Total holding of Ordinary Shares following this notification |
Cyrille Petit | 6,410 | 3,024 | 35,369 |
Notes:
1. The award was granted under the GSP 2010 on 23 August 2012. One third of the shares vested on 23 August 2013, one third on 23 August 2014 and the final third vested on 23 August 2015.
2. The market value of Ordinary Shares acquired and sold on 24 August 2015 was 1093p per Ordinary Share.
3. Ordinary Shares were sold to cover taxation obligations arising on the vesting of the awards.
4. The Ordinary Shares were released and sold in London, UK.
5. The percentages of issued share capital acquired, disposed and held following notification are all under 0.01% of the total issued share capital of the Company.
This announcement is made in accordance with the requirements of DTR 3.1.4 R (1)(a)
Vickie Grady
Deputy Company Secretary
Smith & Nephew plc
Tel: 020 7401 7646
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