Director/PDMR Shareholding

RNS Number : 4315H

Smith & Nephew Plc

12 March 2018

 

SMITH & NEPHEW PLC

12 March 2018

NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM.

On 9 March 2018 the following awards of US$0.20 ordinary shares (the "Shares") in Smith & Nephew plc (the "Company") vested under the Smith & Nephew Global Share Plan 2010.

1.   FINAL VESTING ON 9 MARCH 2018 OF 2015 EQUITY INCENTIVE AWARDS MADE UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2010:

The awards were granted under the Global Share Plan 2010 on 9 March 2015. One third of the shares vested on 9 March 2016, a further third vested on 9 March 2017 and the final third vested on 9 March 2018. A minimum number of Ordinary Shares were sold to cover taxation obligations arising on the vesting of the awards.  The number of shares acquired includes the dividend equivalent shares which participants receive on vested shares.

Name	Director/ Persons Discharging Managerial Responsibilities ("PDMR")	Number of Ordinary Shares acquired	Number of Ordinary Shares sold at £13.2565 per share	Shares Retained
Olivier Bohuon	Chief Executive Officer	13,497	6,367	7,130
Rodrigo Bianchi	PDMR	8,302	0	8,302
Bradley Cannon	PDMR	3,732	1,355	2,377
Elga Lohler	PDMR	3,145	1,354	1,791
Cathy O'Rourke	PDMR	2,617	914	1,703
Cyrille Petit	PDMR	5,725	2,701	3,024
Glenn Warner	PDMR	3,423	1,192	2,231

2.       VESTING ON 9 MARCH 2018 OF 2015 PERFORMANCE SHARE AWARDS MADE UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2010: 

The awards were granted under the Global Share Plan 2010 on 9 March 2015 and as announced on 8 February 2018, vested at 54% of maximum and settled on 9 March 2018. A minimum number of Ordinary Shares were sold to cover taxation obligations arising on the vesting of the awards.  The number of shares acquired includes the dividend equivalent shares which participants receive on vested shares.

Name	Director/PDMR	Number of Ordinary Shares acquired	Number of Ordinary Shares sold at £13.2565 per share	Shares Retained
Olivier Bohuon	Chief Executive Officer	75,532	35,625	39,907
Rodrigo Bianchi	PDMR	22,759	0	22,759
Bradley Cannon	PDMR	10,744	3,899	6,845
Elga Lohler	PDMR	8,151	3,509	4,642
Cathy O'Rourke	PDMR	6,780	2,365	4,415
Cyrille Petit	PDMR	18,543	8,746	9,797
Glenn Warner	PDMR	19,010	6,611	12,399

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Olivier Bohuon
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Smith & Nephew plc
b)	LEI	213800ZTMDN8S67S1H61
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2018 - 03 - 09 Smith & Nephew plc Ordinary Shares of USD 0.20 each ISIN: GB0009223206 London Stock Exchange GBP - British Pound Nature of Transaction: Final vesting of Equity Incentive Awards granted on 9 March 2015 under the Smith & Nephew Global Share Plan 2010 Price Volume Total £13.2565 13,497 £178,922.9805 Aggregated Single Transaction  N/A Single Transaction  N/A Single Transaction  N/A Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2018 - 03 - 09 Smith & Nephew plc Ordinary Shares of USD 0.20 each ISIN: GB0009223206 London Stock Exchange GBP - British Pound Nature of Transaction: Vesting of Smith & Nephew Global Share Plan 2010 Performance Share Awards granted on 9 March 2015 Price Volume Total £13.2565 75,532 £1,001.289.9580 Aggregated Single Transaction  N/A Single Transaction  N/A Single Transaction  N/A

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Rodrigo Bianchi
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Smith & Nephew plc
b)	LEI	213800ZTMDN8S67S1H61
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2018 - 03 - 09 Smith & Nephew plc Ordinary Shares of USD 0.20 each ISIN: GB0009223206 London Stock Exchange GBP - British Pound Nature of Transaction: Final vesting of Equity Incentive Awards granted on 9 March 2015 under the Smith & Nephew Global Share Plan 2010 Price Volume Total £13.2565 8,302 £110,055.4630 Aggregated Single Transaction  N/A Single Transaction  N/A Single Transaction  N/A Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2018 - 03 - 09 Smith & Nephew plc Ordinary Shares of USD 0.20 each ISIN: GB0009223206 London Stock Exchange GBP - British Pound Nature of Transaction: Vesting of Smith & Nephew Global Share Plan 2010 Performance Share Awards granted on 9 March 2015 Price Volume Total £13.2565 22,759 £301,704.6835 Aggregated Single Transaction  N/A Single Transaction  N/A Single Transaction  N/A

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Bradley Cannon
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Smith & Nephew plc
b)	LEI	213800ZTMDN8S67S1H61
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2018 - 03 - 09 Smith & Nephew plc Ordinary Shares of USD 0.20 each ISIN: GB0009223206 London Stock Exchange GBP - British Pound Nature of Transaction: Final vesting of Equity Incentive Awards granted on 9 March 2015 under the Smith & Nephew Global Share Plan 2010 Price Volume Total £13.2565 3,732 £49,473.2580 Aggregated Single Transaction  N/A Single Transaction  N/A Single Transaction  N/A Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2018 - 03 - 09 Smith & Nephew plc Ordinary Shares of USD 0.20 each ISIN: GB0009223206 London Stock Exchange GBP - British Pound Nature of Transaction: Vesting of Smith & Nephew Global Share Plan 2010 Performance Share Awards granted on 9 March 2015 Price Volume Total £13.2565 10,744 £142,427.8360 Aggregated Single Transaction  N/A Single Transaction  N/A Single Transaction  N/A

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Elga Lohler
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Smith & Nephew plc
b)	LEI	213800ZTMDN8S67S1H61
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2018 - 03 - 09 Smith & Nephew plc Ordinary Shares of USD 0.20 each ISIN: GB0009223206 London Stock Exchange GBP - British Pound Nature of Transaction: Final vesting of Equity Incentive Awards granted on 9 March 2015 under the Smith & Nephew Global Share Plan 2010 Price Volume Total £13.2565 3,145 £41,691.6925 Aggregated Single Transaction  N/A Single Transaction  N/A Single Transaction  N/A Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2018 - 03 - 09 Smith & Nephew plc Ordinary Shares of USD 0.20 each ISIN: GB0009223206 London Stock Exchange GBP - British Pound Nature of Transaction: Vesting of Smith & Nephew Global Share Plan 2010 Performance Share Awards granted on 9 March 2015 Price Volume Total £13.2565 8,151 £108,053.7315 Aggregated Single Transaction  N/A Single Transaction  N/A Single Transaction  N/A

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Cathy O'Rourke
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Smith & Nephew plc
b)	LEI	213800ZTMDN8S67S1H61
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2018 - 03 - 09 Smith & Nephew plc Ordinary Shares of USD 0.20 each ISIN: GB0009223206 London Stock Exchange GBP - British Pound Nature of Transaction: Final vesting of Equity Incentive Awards granted on 9 March 2015 under the Smith & Nephew Global Share Plan 2010 Price Volume Total £13.2565 2,617 £34,692.2605 Aggregated Single Transaction  N/A Single Transaction  N/A Single Transaction  N/A Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2018 - 03 - 09 Smith & Nephew plc Ordinary Shares of USD 0.20 each ISIN: GB0009223206 London Stock Exchange GBP - British Pound Nature of Transaction: Vesting of Smith & Nephew Global Share Plan 2010 Performance Share Awards granted on 9 March 2015 Price Volume Total £13.2565 6,780 £89,879.0700 Aggregated Single Transaction  N/A Single Transaction  N/A Single Transaction  N/A

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Cyrille Petit
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Smith & Nephew plc
b)	LEI	213800ZTMDN8S67S1H61
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2018 - 03 - 09 Smith & Nephew plc Ordinary Shares of USD 0.20 each ISIN: GB0009223206 London Stock Exchange GBP - British Pound Nature of Transaction: Final vesting of Equity Incentive Awards granted on 9 March 2015 under the Smith & Nephew Global Share Plan 2010 Price Volume Total £13.2565 5,725 £75,893.4625 Aggregated Single Transaction  N/A Single Transaction  N/A Single Transaction  N/A Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2018 - 03 - 09 Smith & Nephew plc Ordinary Shares of USD 0.20 each ISIN: GB0009223206 London Stock Exchange GBP - British Pound Nature of Transaction: Vesting of Smith & Nephew Global Share Plan 2010 Performance Share Awards granted on 9 March 2015 Price Volume Total £13.2565 18,543 £245,815.2795 Aggregated Single Transaction  N/A Single Transaction  N/A Single Transaction  N/A

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Glenn Warner
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Smith & Nephew plc
b)	LEI	213800ZTMDN8S67S1H61
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2018 - 03 - 09 Smith & Nephew plc Ordinary Shares of USD 0.20 each ISIN: GB0009223206 London Stock Exchange GBP - British Pound Nature of Transaction: Final vesting of Equity Incentive Awards granted on 9 March 2015 under the Smith & Nephew Global Share Plan 2010 Price Volume Total £13.2565 3,423 £45,376.9995 Aggregated Single Transaction  N/A Single Transaction  N/A Single Transaction  N/A Date of Transaction Financial Instrument Identification Code Place of Transaction Currency 2018 - 03 - 09 Smith & Nephew plc Ordinary Shares of USD 0.20 each ISIN: GB0009223206 London Stock Exchange GBP - British Pound Nature of Transaction: Vesting of Smith & Nephew Global Share Plan 2010 Performance Share Awards granted on 9 March 2015 Price Volume Total £13.2565 19,010 £252,006.0650 Aggregated Single Transaction  N/A Single Transaction  N/A Single Transaction  N/A

Vickie Reuben

Deputy Company Secretary

Smith & Nephew plc

Tel:  [phone]

 

END

 

 

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