TIDMSN.

RNS Number : 4798F

Smith & Nephew Plc

16 November 2020

SMITH & NEPHEW PLC

16 November 2020

NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM.

Today, Smith+Nephew was notified that on 13 November 2020, the following awards of US$0.20 ordinary shares (the "Shares") in Smith & Nephew plc (the "Company") vested under the Smith & Nephew Global Share Plan 2010.

1. VESTING ON 13 NOVEMBER 2020 OF CONDITIONAL SHARE AWARDS MADE UNDER THE GLOBAL SHARE PLAN 2010:

The awards were granted under the Global Share Plan 2010 on 13 November 2017 to vest on 13 November 2020. A number of Shares were sold to cover taxation obligations arising on the vesting of the awards.

The following relates to all individuals included in the below notification:

 
 Reason for the notification 
 Initial notification        Initial notification 
  /Amendment 
                            ---------------------------------------------- 
 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          Smith & Nephew plc ordinary shares of USD 
  financial instrument,       0.20 each 
  type of instrument 
                            ---------------------------------------------- 
 Identification code         ISIN: GB0009223206 
                            ---------------------------------------------- 
 Nature of the transaction   Vesting of a Conditional Share Award granted 
                              on 13 November 2017 under the Smith & Nephew 
                              Global Share Plan 2010. 
                            ---------------------------------------------- 
 Date of Transaction         2020 - 11 - 13 
                            ---------------------------------------------- 
 Place of Transaction        London Stock Exchange (XLON) 
                            ---------------------------------------------- 
 
 
                                                                                             Total Ordinary 
                                                                                              Share Holding 
                                                                          Total Ordinary      as a % of 
                                                                           Share Holding      the Company's 
                                                                           following          ISC following 
                       Director    Price                   Aggregated      the transaction    the transaction 
 Name                   / PDMR      (GBP)    Volume         information    *                  * 
                                             18,673 
                                              (of which 
                                              8,808 
                                              were sold                   40,913.19975 
                                              and 9,865    N/A Single      ordinary 
 Phil Cowdy            PDMR        14.7085    retained)     Transaction    shares            0.00462% 
                      ----------  --------  ------------  -------------  -----------------  ----------------- 
                                             21,710 
                                              (of which 
                                              8,573 
                                              were sold                   89,355.00000 
                                              and 13,137   N/A Single      ordinary 
 Elga Lohler           PDMR        14.7085    retained)     Transaction    shares            0.01010% 
                      ----------  --------  ------------  -------------  -----------------  ----------------- 
                                             25,673 
                                              (of which 
                                              7,536 
                                              were sold                   45,289.00000 
                                              and 18,137   N/A Single      ordinary 
 Vasant Padmanabhan    PDMR        14.7085    retained)     Transaction    shares            0.00512% 
                      ----------  --------  ------------  -------------  -----------------  ----------------- 
 

* including those held by Persons Closely Associated with the Director/PDMR. All figures in these columns are stated to 5 decimal places where applicable.

2. PARTIAL VESTING ON 13 NOVEMBER 2020 OF A CONDITIONAL SHARE AWARD MADE UNDER THE GLOBAL SHARE PLAN 2010:

The award was granted under the Global Share Plan 2010 on 13 November 2018. One third of the shares vested on 13 November 2019, a further third vested on 13 November 2020 and the final third will vest on 13 November 2021. A number of Shares were sold to cover taxation obligations arising on the vesting of the awards.

The following relates to individuals included in the below notification:

 
 Reason for the notification 
 Initial notification        Initial notification 
  /Amendment 
                            -------------------------------------------- 
 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          Smith & Nephew plc ordinary shares of USD 
  financial instrument,       0.20 each 
  type of instrument 
                            -------------------------------------------- 
 Identification code         ISIN: GB0009223206 
                            -------------------------------------------- 
 Nature of the transaction   Partial vesting of a Conditional Share 
                              Award granted on 13 November 2018 under 
                              the Smith & Nephew Global Share Plan 2010. 
                            -------------------------------------------- 
 Date of Transaction         2020 - 11 - 13 
                            -------------------------------------------- 
 Place of Transaction        London Stock Exchange (XLON) 
                            -------------------------------------------- 
 
 
                                                                                    Total Ordinary 
                                                                                     Share Holding 
                                                                 Total Ordinary      as a % of 
                                                                  Share Holding      the Company's 
                                                                  following          ISC following 
              Director    Price                   Aggregated      the transaction    the transaction 
 Name          / PDMR      (GBP)    Volume         information    *                  * 
                                    18,345 
                                     (of which 
                                     6,251 
                                     were sold                   15,706.53744 
                                     and 12,094   N/A Single      ordinary 
 Skip Kiil    PDMR        14.7085    retained)     Transaction    shares            0.00178% 
             ----------  --------  ------------  -------------  -----------------  ----------------- 
 

* including those held by Persons Closely Associated with the Director/PDMR. All figures in these columns are stated to 5 decimal places where applicable.

Vickie Reuben

Deputy Company Secretary

Smith & Nephew plc

Tel: +44 (0)1923 477410

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END

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