Director/PDMR Shareholding

RNS Number : 6475A

Smith & Nephew Plc

02 April 2012

 



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

SMITH & NEPHEW PLC

2 April 2012

Smith & Nephew plc (the "Company") announces that it has today received notification of the following transaction by a person discharging managerial responsibilities ("PDMR").

Name of director/PDMR:	Olivier Bohuon
Share Award:	Restricted Share Award
Number of ordinary shares vested:	66,667
No. of ordinary shares disposed:	29,992 (ii)
Total holding of ordinary shares following notification:	36,675

Notes

i)    The award was granted on 1 April 2011. One third of the award vested on 1 April 2012, a further third will vest on 1 April 2013 and the final third will vest on 1 April 2014.

ii)   These shares were sold to settle the income tax liability which arose on vesting. The market value of the shares acquired and sold on 2 April 2012 was 633.5001p per share.

iii)   The transactions took place in London, UK. 

iv)  The total percentage holding following notification is less than 0.1%.

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

Gemma Parsons

Deputy Company Secretary

Smith & Nephew plc

Tel: [phone]

 

END

 

 

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