Director/PDMR Shareholding

RNS Number : 9798K

Smith & Nephew Plc

05 August 2013

 



NOTIFICATION OF TRANSACTIONS OF DIRECTOR/PERSON DISCHARGING MANAGERIAL REPONSIBILITY AND CONNECTED PERSONS

SMITH & NEPHEW PLC

05 August 2013

Smith & Nephew plc announces that it has today been informed of the following transactions by a person discharging managerial responsibilities ("PDMR") following the vesting of a conditional share award under the Smith & Nephew Global Share Plan 2010 (the "Plan").

Name of PDMR	Number of Ordinary Shares acquired under vesting (i)	Number of Ordinary Shares disposed	Total holding of Ordinary Shares following this notification
Helen Maye	20,000	9,434	29,708

Notes:

(i)      The conditional share award was granted under the Plan on 05 August 2011. One third of the award vested on 05 August 2012, a further third vested on 05 August 2013 and the final third will vest on 05 August 2014, subject to continued employment.

(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 05 August 2013 was 799.6494p per share.

(iii)    The Ordinary Shares were released in London, UK.

(iv)    The percentages of issued share capital acquired, disposed and held following the 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 (1) (a).

Gemma Parsons

Deputy Company Secretary

Smith & Nephew plc

Tel:  [phone]

 

END

 

 

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