Director/PDMR Shareholding

RNS Number : 5041F

Smith & Nephew Plc

09 March 2020

 

SMITH & NEPHEW PLC

9 March 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.

On 9 March 2020 the following awards of US$0.20 ordinary shares (the "Shares") in Smith & Nephew plc (the "Company") were granted under the Smith & Nephew Global Share Plan 2010. The Awards have been made in London and are based on the closing Share price on the London Stock Exchange on 6 March 2020 of £16.78.

1.  EQUITY INCENTIVE AWARDS GRANTED UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2010

The awards will normally vest in equal annual tranches over three years following the award date subject to continued achievement of objectives and employment. In the event that objectives are not met in any of the three years, the portion of shares due to vest on the following anniversary will lapse. Participants will receive an additional number of shares equivalent to the amount of dividend payable per vested share during the relevant performance period.

The following relates to all individuals included in this notification:

Reason for the notification
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Smith & Nephew plc
LEI	213800ZTMDN8S67S1H61
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
Description of the financial instrument, type of instrument	Smith & Nephew plc Ordinary Shares of USD 0.20 each
Identification code	ISIN: GB0009223206
Nature of the transaction	Equity Incentive Awards granted on 9 March 2020 under the Smith & Nephew Global Share Plan 2010.
Date of Transaction	2020 - 03 - 09
Place of Transaction	London Stock Exchange (XLON)

Name	Position / Status	Price (s)	Volume(s)	Aggregated information
Graham Baker	Chief Financial Officer	£16.78	16,601	N/A Single Transaction
Bradley Cannon	PDMR	£16.78	16,364	N/A Single Transaction
Phil Cowdy	PDMR	£16.78	10,950	N/A Single Transaction
Myra Eskes	PDMR	£16.78	8,536	N/A Single Transaction
Simon Fraser	PDMR	£16.78	10,890	N/A Single Transaction
Mark Gladwell	PDMR	£16.78	15,494	N/A Single Transaction
Melissa Guerdan	PDMR	£16.78	13,507	N/A Single Transaction
Skip Kiil	PDMR	£16.78	15,590	N/A Single Transaction
Elga Lohler	PDMR	£16.78	14,623	N/A Single Transaction
Catheryn O'Rourke	PDMR	£16.78	14,216	N/A Single Transaction
Vasant Padmanabhan	PDMR	£16.78	14,162	N/A Single Transaction
Susan Swabey	PDMR	£16.78	4,916	N/A Single Transaction

2.  RESTRICTED SHARE AWARDS GRANTED UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2010

The awards will normally vest ¼ on the first anniversary of grant, ¼ on the second anniversary of grant and the remaining proportion shall vest on the third anniversary of grant subject to continued achievement of objectives and employment.

The following relates to all individuals included in this notification:

Reason for the notification
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Smith & Nephew plc
LEI	213800ZTMDN8S67S1H61
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
Description of the financial instrument, type of instrument	Smith & Nephew plc Ordinary Shares of USD 0.20 each
Identification code	ISIN: GB0009223206
Nature of the transaction	Restricted share awards granted on 9 March 2020 under the Smith & Nephew Global Share Plan 2010.
Date of Transaction	2020 - 03 - 09
Place of Transaction	London Stock Exchange (XLON)

Name	Position / Status	Price (s)	Volume(s)	Aggregated information
Bradley Cannon	PDMR	£16.78	26,183	N/A Single Transaction
Phil Cowdy	PDMR	£16.78	18,414	N/A Single Transaction
Myra Eskes	PDMR	£16.78	26,377	N/A Single Transaction
Simon Fraser	PDMR	£16.78	22,434	N/A Single Transaction
Mark Gladwell	PDMR	£16.78	24,791	N/A Single Transaction
Melissa Guerdan	PDMR	£16.78	21,820	N/A Single Transaction
Skip Kiil	PDMR	£16.78	32,116	N/A Single Transaction
Elga Lohler	PDMR	£16.78	23,397	N/A Single Transaction
Catheryn O'Rourke	PDMR	£16.78	22,856	N/A Single Transaction
Vasant Padmanabhan	PDMR	£16.78	22,441	N/A Single Transaction

Vickie Reuben  

Deputy Company Secretary

Smith & Nephew plc

Tel:  [phone]

 

END

 

 

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