16 Nov 2020 15:30
SMITH & NEPHEW PLC
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16 November 2020
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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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Today, Smith+Nephew was notified that on 13 November 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.
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1. VESTING ON 13 NOVEMBER 2020 OF CONDITIONAL SHARE AWARDS MADE UNDER THE GLOBAL SHARE PLAN 2010:Â
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The awards were granted under the Global Share Plan 2010 on 13 November 2017 to vest on 13 November 2020. A number of Shares were sold to cover taxation obligations arising on the vesting of the awards.
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The following relates to all individuals included in the below notification:
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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 | Vesting of a Conditional Share Award granted on 13 November 2017 under the Smith & Nephew Global Share Plan 2010. |
Date of Transaction | 2020 - 11 - 13 |
Place of Transaction | London Stock Exchange (XLON) |
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Name | Director / PDMR | Price (£) | Volume | Aggregated information | Total Ordinary Share Holding following the transaction * | Total Ordinary Share Holding as a % of the Company's ISC following the transaction * |
Phil Cowdy | PDMR | 14.7085 Â | 18,673 (of which 8,808 were sold and 9,865 retained) | N/A Single Transaction | 40,913.19975 ordinary shares | 0.00462% Â |
Elga Lohler | PDMR | 14.7085 Â | 21,710 (of which 8,573 were sold and 13,137 retained) | N/A Single Transaction | 89,355.00000 ordinary shares | 0.01010% Â |
Vasant Padmanabhan | PDMR | 14.7085 Â | 25,673 (of which 7,536 were sold and 18,137 retained) | N/A Single Transaction | 45,289.00000 ordinary shares | 0.00512% Â |
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* including those held by Persons Closely Associated with the Director/PDMR. All figures in these columns are stated to 5 decimal places where applicable.
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2. PARTIAL VESTING ON 13 NOVEMBER 2020 OF A CONDITIONAL SHARE AWARD MADE UNDER THE GLOBAL SHARE PLAN 2010:
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The award was granted under the Global Share Plan 2010 on 13 November 2018. One third of the shares vested on 13 November 2019, a further third vested on 13 November 2020 and the final third will vest on 13 November 2021. A number of Shares were sold to cover taxation obligations arising on the vesting of the awards.
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The following relates to individuals included in the below notification:
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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 13 November 2018 under the Smith & Nephew Global Share Plan 2010. |
Date of Transaction | 2020 - 11 - 13 |
Place of Transaction | London Stock Exchange (XLON) |
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Name | Director / PDMR | Price (£) | Volume | Aggregated information | Total Ordinary Share Holding following the transaction * | Total Ordinary Share Holding as a % of the Company's ISC following the transaction * |
Skip Kiil | PDMR | 14.7085 Â | 18,345 (of which 6,251 were sold and 12,094 retained) | N/A Single Transaction | 15,706.53744 ordinary shares | 0.00178% Â |
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* including those held by Persons Closely Associated with the Director/PDMR. All figures in these columns are stated to 5 decimal places where applicable.
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Vickie Reuben
Deputy Company Secretary
Smith & Nephew plc
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Tel: +44 (0)1923 477410
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