19 Aug 2020 14:00
SMITH & NEPHEW PLC
Â
19 August 2020
Â
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.
Â
On 15 August 2020, 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.
Â
PARTIAL VESTING ON 15 AUGUST 2020 OF CONDITIONAL SHARE AWARDS MADE UNDER THE GLOBAL SHARE PLAN 2010:Â
Â
The awards were granted under the Global Share Plan 2010 on 15 August 2018. One third of the shares vested on 15 August 2019, a further third vested on 15 August 2020 and the final third will vest on 15 August 2021. A number of Shares were sold to cover taxation obligations arising on the vesting of the awards.
Â
The following relates to all individuals included in this notification:
Â
Reason for the notification | |
Initial notification /Amendment | Initial notification |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
Name | Smith & Nephew plc |
LEI | 213800ZTMDN8S67S1H61 |
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 | |
Description of the financial instrument, type of instrument  | Smith & Nephew plc ordinary shares of USD 0.20 each  |
Identification code | ISIN: GB0009223206 |
Nature of the transaction | Partial vesting of a Conditional Share Award granted on 15 August 2018 under the Smith & Nephew Global Share Plan 2010. |
Date of Transaction | 2020 - 08 - 18 |
Place of Transaction | London Stock Exchange (XLON) |
Â
Name | Director / PDMR | Price (£) | Volume | Aggregated information | Total Share Holding following the transaction * | Total Share Holding as a % of the Company's ISC following the transaction * |
Mark Gladwell | PDMR | 15.3897 Â | 9,774 (of which 4,610 were sold and 5,164 retained) | N/A Single Transaction | 11,590.64119 ordinary shares | 0.00131% Â |
Melissa Guerdan | PDMR | 15.3897 Â | 3,840 (of which 1,157 were sold and 2,683 retained) | N/A Single Transaction | 6,662.18425 ordinary shares | 0.00075% Â |
Â
* including those held by Persons Closely Associated with the Director/PDMR. All figures in these columns are stated to 5 decimal places where applicable.
Â
Vickie Reuben
Deputy Company Secretary
Smith & Nephew plc
Â
Tel: +44 (0)1923 477410
Â
Smith & Nephew (SN.)