Director/PDMR Shareholding

RNS Number : 6793D

Smith & Nephew Plc

25 March 2011

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL REPONSIBILITY AND CONNECTED PERSONS

25 March 2011

SMITH & NEPHEW PLC

We have today been advised by our share plan administrators of an error in the information released on 24 March 2011 relating to the partial vesting of G K Johnson's 2010 Award under the Smith & Nephew Deferred Bonus Plan 2010.

The correct information is as follows:-

Name of PDMR	Number of ordinary shares acquired under vesting (i)	Number of ordinary shares disposed	Total holding of ordinary shares following this notification:
G Kelvin Johnson	1,879 Ords	1,879 Ords	4,563 Ords

Notes

(i)      The shares vesting were granted under the Plan on 22 March 2010.  One third of the shares vested on 22 March 2011 and, subject to continued employment, the remaining two thirds will vest in equal tranches on 22 March 2012 and 22 March 2013 respectively.

(ii)     The market value of ordinary shares acquired and sold on 22 March 2011 was 687.93p per ordinary share.

(iii)    The ordinary shares were released in London, UK.

(iv)    The percentages of issued share capital acquired, disposed and held following notification are all under 0.01% of the total issued share capital of the Company.

This announcement is made in accordance with the requirements of DTR 3.1.4 R (1)(a)

Gemma Parsons

Deputy Company Secretary

Tel: [phone]

 

END

 

 

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