Last checked at 3 Feb 2021 17:00
SMITH & NEPHEW PLC
3 February 2021
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.
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.
Smith & Nephew Global Share Plan 2010 (Performance Share Awards):
Name of PDMR | Number of ordinary shares under award granted on 07/03/2018 (shown at maximum) | Number of ordinary shares lapsed under award (shown at maximum) |
Bradley Cannon | 32,528 | 24,884 |
Phil Cowdy | 15,494 | 11,853 |
Elga Lohler | 24,768 | 18,948 |
Catheryn O'Rourke | 24,548 | 18,780 |
Vasant Padmanabhan | 27,894 | 21,339 |
Susan Swabey | 10,920 | 8,354 |
Notes:
(i) Following completion of the performance measurement period, 47% of the target awards made on 7 March 2018 vested.
(ii) At maximum, 76.5% of awards have lapsed on 3 February 2021 and the remaining 23.5% of awards will vest and subject to continued employment, will be settled on 8 March 2021 being the first business date after the third anniversary of the awards.
This announcement is made in accordance with the requirements of Article 19 (3) of the Market Abuse Regulation.
Vickie Reuben
Deputy Company Secretary
Smith & Nephew plc
Tel: +44 (0) 1923 477410