Last checked at 4 Feb 2016 17:39
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL REPONSIBILITY AND CONNECTED PERSONS
SMITH & NEPHEW PLC
4 February 2016
Smith & Nephew plc (the "Company") announces that it has today received notification of the following transaction by a person discharging managerial responsibilities ("PDMR").
Name of director/PDMR:
| Julie Brown |
Share Award: | Share Award Agreement
|
Number of Ordinary Shares vested: | 25,000
|
No. of Ordinary Shares sold to cover taxes: | 11,789 |
Total holding of Ordinary Shares following notification:
| 56,156 |
Notes
i) The award was granted on 7 March 2013. One third of the award vested on 4 February 2014. A further third vested on 4 February 2015 and the final third vested on 4 February 2016. All vested shares were subject to continued employment.
ii) No consideration is payable for the acquisition of the shares.
iii) The market value of the Ordinary Shares acquired and sold on 4 February 2016 was 1111.00p per Ordinary Share.
iv) The transaction took place in London, UK.
v) The total percentage holding following notification is less than 0.1%.
vi) This announcement is made in accordance with the requirements of DTR 3.1.4 R(1)(a)
Vickie Reuben
Deputy Company Secretary
Smith & Nephew plc
Tel: 020 7401 7646