3 Feb 2021 17:00
SMITH & NEPHEW PLC
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3 February 2021
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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 ('PDMR') AND PERSONS CLOSELY ASSOCIATED WITH THEM.
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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.
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Smith & Nephew Global Share Plan 2010 (Performance Share Awards):
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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 |
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Notes:
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(i) Following completion of the performance measurement period, 47% of the target awards made on 7 March 2018 vested.
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(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.
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This announcement is made in accordance with the requirements of Article 19 (3) of the Market Abuse Regulation.
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Vickie Reuben
Deputy Company Secretary
Smith & Nephew plc
Tel: +44 (0) 1923 477410