Director/PDMR Shareholding

RNS Number : 1479H
Smith & Nephew Plc
14 May 2014
 



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

 

SMITH & NEPHEW PLC

 

14 May 2014

 

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

 

 

Name of director/PDMR:

 

Cyrille Petit

Share Award:

Conditional Share Award

 

Number of Ordinary Shares vested:

7,900

 

No. of Ordinary Shares disposed:

2,379

 

Total holding of Ordinary Shares following notification:

 

17,409

 

Notes

 

i)    The award was granted on 14 May 2012. One third vested on 14 May 2013. A further third vested on 14 May 2014, and the final third will vest on 14 May 2015, subject to continued employment.

 

ii)   No consideration is payable for the acquisition of the shares.

 

iii)   The market value of the Ordinary Shares acquired and sold on 14 May 2014 was 927p per Ordinary Share.

 

iv)  The transaction took place in London, UK. 

 

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

 

vi)  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: 020 7401 7646


This information is provided by RNS
The company news service from the London Stock Exchange
 
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