Director/PDMR Shareholding

RNS Number : 3885C

Smith & Nephew Plc

07 February 2020

 

SMITH & NEPHEW PLC

7 February 2020

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

Smith & Nephew plc (the "Company") announces that it has been informed of changes to the share interests of PDMRs in the Company, detailed below, following completion of the related performance periods.

Smith & Nephew Global Share Plan 2010 (Performance Share Awards):

Name of PDMR	Number of ordinary shares under award granted on 07/03/2017 (shown at maximum)	Number of ordinary shares lapsed under award (shown at maximum)
Graham Baker	79,166	40,375
Bradley Cannon	44,942	22,921
Phil Cowdy	16,022	8,172
Elga Lohler	25,612	13,063
Catheryn O'Rourke	15,138	7,721
Vasant Padmanabhan	32,996	16,828
Susan Swabey	11,402	5,816

Notes:

(i)     Following completion of the performance measurement period, 98% of the target awards made on 7 March 2017 vested.

(ii)     At maximum, 51% of awards have lapsed on 6 February 2020 and the remaining 49% of awards will vest and subject to continued employment, will be settled on 9 March 2020 being the first business date after the third anniversary of the awards.  

This announcement is made in accordance with the requirements of Article 19 (3) of the Market Abuse Regulation.

Vickie Reuben  

Deputy Company Secretary

Smith & Nephew plc

Tel:  [phone]

 

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