Transaction in Own Shares

RNS Number : 9070G

Smith & Nephew Plc

12 May 2014

 



12 May 2014

Smith & Nephew plc (the "Company")

Transaction in Own Shares

The Company has today purchased 275,000 of its Ordinary Shares of US 20¢ each through UBS Limited, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 10 April 2014. These shares were issued in connection with employee share schemes in Quarter 1 2014 and have been purchased as part of a programme to keep the total issued share capital broadly constant.

The average price paid was 923.7676p per share.

The highest price paid was 926.5p per share and the lowest price paid was 917.5p per share.

The Company intends to hold these shares in Treasury.

Following the purchase of these shares, and previous purchases which are yet to settle, the Company holds 25,597,968 of its shares in Treasury. The Company's issued share capital, with one voting right per share consists of 894,025,172 Ordinary Shares of US20¢ each.  This is the figure which should be used by shareholders as the denominator when determining whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

This announcement is made in accordance with the requirements of LR 12.4.6.

Gemma Parsons

Deputy Company Secretary

Smith & Nephew plc

Tel: [phone]

 

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