TIDMSN.

RNS Number : 9242N

Smith & Nephew Plc

03 February 2021

SMITH & NEPHEW PLC

3 February 2021

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.

Smith & Nephew plc (the "Company") announces that it has been informed of changes to the share interests of PDMRs in the Company, detailed below, following completion of the related performance periods.

Smith & Nephew Global Share Plan 2010 (Performance Share Awards):

 
 Name of PDMR          Number of ordinary       Number of ordinary 
                        shares under award       shares lapsed under 
                        granted on 07/03/2018    award (shown at maximum) 
                        (shown at maximum) 
 Bradley Cannon                        32,528                      24,884 
                      -----------------------  -------------------------- 
 Phil Cowdy                            15,494                      11,853 
                      -----------------------  -------------------------- 
 Elga Lohler                           24,768                      18,948 
                      -----------------------  -------------------------- 
 Catheryn O'Rourke                     24,548                      18,780 
                      -----------------------  -------------------------- 
 Vasant Padmanabhan                    27,894                      21,339 
                      -----------------------  -------------------------- 
 Susan Swabey                          10,920                       8,354 
                      -----------------------  --------------------------

Notes:

(i) Following completion of the performance measurement period, 47% of the target awards made on 7 March 2018 vested.

(ii) At maximum, 76.5% of awards have lapsed on 3 February 2021 and the remaining 23.5% of awards will vest and subject to continued employment, will be settled on 8 March 2021 being the first business date after the third anniversary of the awards.

This announcement is made in accordance with the requirements of Article 19 (3) of the Market Abuse Regulation.

Vickie Reuben

Deputy Company Secretary

Smith & Nephew plc

   Tel:      +44 (0) 1923 477410

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