27 May 2020 10:00
SMITH & NEPHEW PLC
27 May 2020
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.
On 26 May 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.
PARTIAL VESTING ON 26 MAY 2020 OF CONDITIONAL SHARE AWARD MADE UNDER THE GLOBAL SHARE PLAN 2010:
The awards were granted under the Global Share Plan 2010 on 23 May 2019. One third of the shares vested on 26 May 2020, a further third will vest on 23 May 2021 and the final third will vest on 23 May 2022. A minimum number of ordinary shares were sold to cover taxation obligations arising on the vesting of the awards.
The following relates to all individuals included in this notification:
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 Conditional Share Award granted on 23 May 2019 under the Smith & Nephew Global Share Plan 2010. |
Date of Transaction | 2020 - 05 - 26 |
Place of Transaction | London Stock Exchange (XLON) |
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 * |
Myra Eskes | PDMR | 16.408234
| 8,566 (of which 0 were sold and 8,566 retained) | N/A Single Transaction | 8,566 ordinary shares | 0.00097%
|
Simon Fraser | PDMR | 16.408234
| 2,599 (of which 636 were sold and 1,963 retained) | N/A Single Transaction | 1,963 ordinary shares | 0.00022%
|
* including those held by Persons Closely Associated with the Director/PDMR. All figures in these columns are stated to 5 decimal places where applicable.
Susan Swabey
Company Secretary
Smith & Nephew plc
Tel: +44 (0)1923 477410
Smith & Nephew (SN.)