12 Mar 2018 12:18
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SMITH & NEPHEW PLC
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12 March 2018
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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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On 9 March 2018 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.
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1. FINAL VESTING ON 9 MARCH 2018 OF 2015 EQUITY INCENTIVE AWARDS MADE UNDER THEΒ SMITH & NEPHEW GLOBAL SHARE PLAN 2010:
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The awards were granted under the Global Share Plan 2010 on 9 March 2015. One third of the shares vested on 9 March 2016, a further third vested on 9 March 2017 and the final third vested on 9 March 2018. A minimum number of Ordinary Shares were sold to cover taxation obligations arising on the vesting of the awards. Β The number of shares acquired includes the dividend equivalent shares which participants receive on vested shares.
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Name | Director/ Persons Discharging Managerial Responsibilities ("PDMR") | Number of Ordinary Shares acquired | Number of Ordinary Shares sold at Β£13.2565 per share | Shares Retained |
Olivier Bohuon | Chief Executive Officer | 13,497 | 6,367 | 7,130 |
Rodrigo Bianchi | PDMR | 8,302 | 0 | 8,302 |
Bradley Cannon | PDMR | 3,732 | 1,355 | 2,377 |
Elga Lohler | PDMR | 3,145 | 1,354 | 1,791 |
Cathy O'Rourke | PDMR | 2,617 | 914 | 1,703 |
Cyrille Petit | PDMR | 5,725 | 2,701 | 3,024 |
Glenn Warner | PDMR | 3,423 | 1,192 | 2,231 |
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2. VESTING ON 9 MARCH 2018 OF 2015 PERFORMANCE SHARE AWARDS MADE UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2010:
The awards were granted under the Global Share Plan 2010 on 9 March 2015 and as announced on 8 February 2018, vested at 54% of maximum and settled on 9 March 2018. A minimum number of Ordinary Shares were sold to cover taxation obligations arising on the vesting of the awards. Β The number of shares acquired includes the dividend equivalent shares which participants receive on vested shares.
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Name | Director/PDMR | Number of Ordinary Shares acquired | Number of Ordinary Shares sold at Β£13.2565 per share | Shares Retained |
Olivier Bohuon | Chief Executive Officer | 75,532 | 35,625 | 39,907 |
Rodrigo Bianchi | PDMR | 22,759 | 0 | 22,759 |
Bradley Cannon | PDMR | 10,744 | 3,899 | 6,845 |
Elga Lohler | PDMR | 8,151 | 3,509 | 4,642 |
Cathy O'Rourke | PDMR | 6,780 | 2,365 | 4,415 |
Cyrille Petit | PDMR | 18,543 | 8,746 | 9,797 |
Glenn Warner | PDMR | 19,010 | 6,611 | 12,399 |
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1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||||||||||||||||||||||||||||||||||
a) | Name | Olivier Bohuon | ||||||||||||||||||||||||||||||||||||||||||||
2 | Reason for the notification | |||||||||||||||||||||||||||||||||||||||||||||
a) | Position/status | Chief Executive Officer | ||||||||||||||||||||||||||||||||||||||||||||
b) | Initial notification /Amendment | Initial Notification | ||||||||||||||||||||||||||||||||||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||||||||||||||||||||||||||||
a) | Name | Smith & Nephew plc | ||||||||||||||||||||||||||||||||||||||||||||
b) | LEI | 213800ZTMDN8S67S1H61 | ||||||||||||||||||||||||||||||||||||||||||||
4 | 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 | |||||||||||||||||||||||||||||||||||||||||||||
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1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||||||||||||||||||||||||||||||||||
a) | Name | Rodrigo Bianchi | ||||||||||||||||||||||||||||||||||||||||||||
2 | Reason for the notification | |||||||||||||||||||||||||||||||||||||||||||||
a) | Position/status | PDMR | ||||||||||||||||||||||||||||||||||||||||||||
b) | Initial notification /Amendment | Initial Notification | ||||||||||||||||||||||||||||||||||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||||||||||||||||||||||||||||
a) | Name | Smith & Nephew plc | ||||||||||||||||||||||||||||||||||||||||||||
b) | LEI | 213800ZTMDN8S67S1H61 | ||||||||||||||||||||||||||||||||||||||||||||
4 | 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 | |||||||||||||||||||||||||||||||||||||||||||||
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1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||||||||||||||||||||||||||||||||||
a) | Name | Bradley Cannon | ||||||||||||||||||||||||||||||||||||||||||||
2 | Reason for the notification | |||||||||||||||||||||||||||||||||||||||||||||
a) | Position/status | PDMR | ||||||||||||||||||||||||||||||||||||||||||||
b) | Initial notification /Amendment | Initial Notification | ||||||||||||||||||||||||||||||||||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||||||||||||||||||||||||||||
a) | Name | Smith & Nephew plc | ||||||||||||||||||||||||||||||||||||||||||||
b) | LEI | 213800ZTMDN8S67S1H61 | ||||||||||||||||||||||||||||||||||||||||||||
4 | 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 | |||||||||||||||||||||||||||||||||||||||||||||
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1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||||||||||||||||||||||||||||||||||
a) | Name | Elga Lohler | ||||||||||||||||||||||||||||||||||||||||||||
2 | Reason for the notification | |||||||||||||||||||||||||||||||||||||||||||||
a) | Position/status | PDMR | ||||||||||||||||||||||||||||||||||||||||||||
b) | Initial notification /Amendment | Initial Notification | ||||||||||||||||||||||||||||||||||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||||||||||||||||||||||||||||
a) | Name | Smith & Nephew plc | ||||||||||||||||||||||||||||||||||||||||||||
b) | LEI | 213800ZTMDN8S67S1H61 | ||||||||||||||||||||||||||||||||||||||||||||
4 | 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 | |||||||||||||||||||||||||||||||||||||||||||||
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1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||||||||||||||||||||||||||||||||||
a) | Name | Cathy O'Rourke | ||||||||||||||||||||||||||||||||||||||||||||
2 | Reason for the notification | |||||||||||||||||||||||||||||||||||||||||||||
a) | Position/status | PDMR | ||||||||||||||||||||||||||||||||||||||||||||
b) | Initial notification /Amendment | Initial Notification | ||||||||||||||||||||||||||||||||||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||||||||||||||||||||||||||||
a) | Name | Smith & Nephew plc | ||||||||||||||||||||||||||||||||||||||||||||
b) | LEI | 213800ZTMDN8S67S1H61 | ||||||||||||||||||||||||||||||||||||||||||||
4 | 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 | |||||||||||||||||||||||||||||||||||||||||||||
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1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||||||||||||||||||||||||||||||||||
a) | Name | Cyrille Petit | ||||||||||||||||||||||||||||||||||||||||||||
2 | Reason for the notification | |||||||||||||||||||||||||||||||||||||||||||||
a) | Position/status | PDMR | ||||||||||||||||||||||||||||||||||||||||||||
b) | Initial notification /Amendment | Initial Notification | ||||||||||||||||||||||||||||||||||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||||||||||||||||||||||||||||
a) | Name | Smith & Nephew plc | ||||||||||||||||||||||||||||||||||||||||||||
b) | LEI | 213800ZTMDN8S67S1H61 | ||||||||||||||||||||||||||||||||||||||||||||
4 | 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 | |||||||||||||||||||||||||||||||||||||||||||||
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1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||||||||||||||||||||||||||||||||||
a) | Name | Glenn Warner | ||||||||||||||||||||||||||||||||||||||||||||
2 | Reason for the notification | |||||||||||||||||||||||||||||||||||||||||||||
a) | Position/status | PDMR | ||||||||||||||||||||||||||||||||||||||||||||
b) | Initial notification /Amendment | Initial Notification | ||||||||||||||||||||||||||||||||||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||||||||||||||||||||||||||||
a) | Name | Smith & Nephew plc | ||||||||||||||||||||||||||||||||||||||||||||
b) | LEI | 213800ZTMDN8S67S1H61 | ||||||||||||||||||||||||||||||||||||||||||||
4 | 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 | |||||||||||||||||||||||||||||||||||||||||||||
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Vickie Reuben
Deputy Company Secretary
Smith & Nephew plc
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Tel: 01923 477410
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