Director/PDMR Shareholding

RNS Number : 7236M

Smiths Group PLC

01 August 2017

 

1 AUGUST 2017

NOTIFICATION OF TRANSACTION OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITY

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sir George Buckley
2	Reason for the notification
a)	Position/status	Chairman
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Smiths Group plc ("the Company")
b)	LEI	213800MJL6IPZS3ASA11
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
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 37.5p each in Smiths Group plc ("Ordinary Shares") GB00B1WY2338
b)	Nature of the transaction	Acquisition of Ordinary Shares, in accordance with a binding commitment entered into on 19 July 2017, pursuant to which the Chairman purchases Ordinary Shares on a quarterly basis, using a fixed proportion (20%) of the after-tax fees he receives from the Company. The Chairman intends to hold the Ordinary Shares purchased under this arrangement until his retirement from the board of the Company.
c)	Price(s) and volume(s)	Price Volume 1543.5p 431
d)	Aggregated information  - Aggregated volume   - Price	Not applicable
e)	Date of the transaction	2017-08-01
f)	Place of the transaction	London Stock Exchange (XLON)

 

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