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17 Aug 2015 17:41
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
SMITH & NEPHEW PLC
17 August 2015
Smith & Nephew plc (the "Company") announces that it received notification that a transaction by a person discharging managerial responsibilities ("PDMR") took place, following the partial vesting of shares on 15 August 2015 of the 2013 Conditional Share 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 |
Rodrigo Bianchi | 21,666 | 0 | 46,921 |
Notes:
(i) The award was granted under the GSP 2010 on 15 August 2013. One third of the shares vested on 15 August 2014, one third vested on 15 August 2015 and the final third will vest on 15 August 2016, subject to continued employment.
(ii) The market value of Ordinary Shares acquired on 17 August 2015 was 1176p per Ordinary Share.
(iii) The Ordinary Shares were released in London, UK.
(iv) The percentage 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 (1) (a).
Vickie Grady
Deputy Company Secretary
Smith & Nephew plc
Tel: 020 7401 7646
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