Transaction in Own Shares

RNS Number : 0598S

Smith & Nephew Plc

01 November 2013

 



1 November 2013

Smith & Nephew plc (the "Company")

Transaction in Own Shares

The Company has today purchased 223,000 of its Ordinary Shares of US 20¢ each through JP Morgan Cazenove, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 11 April 2013.

The average price paid was 800.2586p per share.

The highest price paid was 805p per share and the lowest price paid was 797p per share.

The Company intends to hold these shares in Treasury.

The Company has also today transferred 387,279 Ordinary Shares of US 20¢ each out of Treasury to participants in the Smith & Nephew ShareSave Plan and the Smith & Nephew International ShareSave Plan as follows:

1,812 Ordinary Shares at an exercise price of 459p per share.

333,330 Ordinary Shares at an exercise price of 461p per share.

2,988 Ordinary Shares at an exercise price of 493p per share.

47,548 Ordinary Shares at an exercise price of 507p per share.

1,601 Ordinary Shares at an exercise price of 556p per share.

Following the above transactions, the Company holds 28,174,480 of its shares in Treasury. The Company's issued share capital, with one voting right per share consists of 896,786,620 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 and LR 12.6.4.

Gemma Parsons

Deputy Company Secretary

Smith & Nephew plc

Tel: [phone]

 

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