Director/PDMR Shareholding

RNS Number : 5036X

Smith & Nephew Plc

14 August 2009

 



RIS Announcement -Award grant

Smith & Nephew Plc ('the Company')
Employee Share Plans - Announcement of transaction in ordinary shares of US$0.20 each and American Depository Shares (ADSs) representing five ordinary shares of US$0.20 each.

The Company announces that on 13 August 2009 conditional awards were made under the Company's 2004 Performance Share Plan, 2001 US Share Option Plan, 2001 UK Unapproved Share Plan and the 2004 Executive Share Option Plans to persons discharging managerial responsibility ('PDMR') as detailed in the tables below. No consideration is payable for the awards.

PERFORMANCE SHARE PLAN ('PSP')

Name	PDMR	Number of shares subject to award	Total Number of Shares over which awards held under the PSP following Notification
David Illingworth	Chief Executive	53,362 ADSs	600,016 ordinary shares (of which 69,534 are held as ADSs)
Adrian Hennah	Chief Financial Officer	161,273 ordinary shares	389,591 ordinary shares
Mark Augusti	PDMR	8,590 ADSs	18,859 ADSs
Elizabeth Bolgiano	PDMR	8,002 ADSs	15,957 ADSs
John Campo	PDMR	8,817 ADSs	14,658 ADSs
Joseph DeVivo	PDMR	9,481 ADSs	21,086 ADSs
Michael Frazzette	PDMR	9,007 ADSs	19,710 ADSs
Gordon Howe	PDMR	7,300 ADSs	13,680 ADSs
Roger Teasdale	PDMR	35,229 ordinary shares	59,312 ordinary shares

Notes:

• There are performance conditions attached to the release of this award under the Performance Share Plan, and the awards will vest, subject to the achievement of the performance conditions which are measured from 1January 2009 to 31 December 2011, on 13 August 2012. 

• 1 ADS is equal to 5 ordinary shares of US$0.20

• The transaction took place in London, UK

• This announcement is made following notifications under Disclosure Rule 3.1.2.

2001 US SHARE OPTION AND 2001 UK UNAPPROVED SHARE PLANS

Name	PDMR	Share Option Plan	Number of Ordinary shares subject to award	Option Price	Total Number of Shares over which Options held following Notification
Mark Augusti	PDMR	US Share Plan	57,191	479p	219,432 ordinary shares (including options over 12,500 ADS)
Elizabeth Bolgiano	PDMR	US Share Plan	53,277	479p	159,201 ordinary shares
John Campo	PDMR	US Share Plan	58,706	479p	147,179 ordinary shares
Joseph DeVivo	PDMR	US Share Plan	63,125	479p	140,320 ordinary shares
Michael Frazzette	PDMR	US Share Plan	59,969	479p	159,062 ordinary shares
Gordon Howe	PDMR	US Share Plan	48,606	479p	150,341 ordinary shares (including options over 4,000 ADS)
Roger Teasdale	PDMR	UK Unapproved Plan	46,972	479p	99,116 ordinary shares

Notes:

• The US Share Option Plan will vest in equal annual tranches over three years following the award date and will be exercisable from 13 August 2012 to 12 August 2019.

• The UK Unapproved Share Option Plan will vest three years from the award date, subject to the attainment of the relevant performance conditions and will be exercisable from 13 August 2012 to 12 August 2019.

• The transaction took place in London, UK

• This announcement is made following notifications under Disclosure Rule 3.1.2.

2004 EXECUTIVE SHARE OPTION PLAN

Name	PDMR	Number of shares subject to award	Option Price	Total Number of Shares over which Options held following Notification
David Illingworth	Chief Executive	35,575 ADSs	$39.55	697,740 ordinary shares (including options over 55,575 ADS)
Adrian Hennah	Chief Financial Officer	107,515 ordinary shares	479p	323,008 ordinary shares

Notes:

• There are performance conditions attached to the release of this award under the Executive Share Option Plan and the awards will vest, subject to the achievement of the performance conditions, on 13 August 2012. Any options which vest will be exercisable from 13 August 2012 to 12 August 2019 .

• 1ADS is equal to 5 ordinary shares of US$0.20

• The transaction took place in London, UK

• This announcement is made following notifications under Disclosure Rule 3.1.2

Contact:

Gemma Parsons
Assistant Company Secretary

Telephone: [phone]

 

END

 

 

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