Director/PDMR Shareholding

RNS Number : 2380Y

Smith & Nephew Plc

28 August 2009

 



RIS Announcement -Award grant

Smith & Nephew Plc ('the Company')
Employee Share Plans - Announcement of transaction in ordinary shares of US$0.20 each 

The Company announces that on 27 August 2009 conditional awards were made under the Company's 2004 Performance Share Plan, 2001 UK Approved Share Option Plan and 2001 UK Unapproved Share Option Plan to persons discharging managerial responsibility ('PDMR') as detailed in the tables below. No consideration is payable for the awards.

PERFORMANCE SHARE PLAN ('PSP')

Name	PDMR	Number of shares subject to award	Total Number of Shares over which awards held under the PSP following Notification
Nassem Amin	PDMR	17,321 ordinary shares	17,321 ordinary shares

2001 UK APPROVED SHARE OPTION AND 2001 UK UNAPPROVED SHARE PLANS

Name	PDMR	Share Option Plan	Number of Ordinary shares subject to award	Option Price	Total Number of Shares over which Options held following Notification
Nassem Amin	PDMR	UK Approved Plan	5,859 ordinary shares	512p	23,094 ordinary shares
		UK Unapproved Plan	17,235 ordinary shares	512p

Notes:

• There are performance conditions attached to the release of the award under the Performance Share Plan, and the award will vest, subject to the achievement of the performance conditions which are measured from 1 January 2009 to 31 December 2011, on 27 August 2012. 

• The options granted under the UK Approved and Unapproved Share Option Plans will vest three years from the award date, subject to the attainment of the relevant performance conditions and will be exercisable from 27 August 2012 to 26 August 2019.

• The transaction took place in London, UK

• This announcement is made following notifications under Disclosure Rule 3.1.2.

Contact:

Gemma Parsons
Assistant Company Secretary

Telephone: [phone]

 

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