TIDMSN.

RNS Number : 8639R

Smith & Nephew Plc

10 March 2021

SMITH & NEPHEW PLC

10 March 2021

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.

On 9 March 2021, 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. PARTIAL VESTING ON 9 MARCH 2021 OF 2020 EQUITY INCENTIVE PROGRAMME AWARDS MADE UNDER THE GLOBAL SHARE PLAN 2010:

The awards were granted under the Global Share Plan 2010 on 9 March 2020. One third of the Shares vested on 9 March 2021, a further third will vest on 9 March 2022 and the final third will vest on 9 March 2023. A number of Shares were sold to cover taxation obligations arising on the vesting of the awards. The number of Shares acquired includes the dividend equivalent Shares which participants receive on vested Shares.

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 
  financial instrument,       USD 0.20 each 
  type of instrument 
                            ---------------------------------------------- 
 Identification code         ISIN: GB0009223206 
                            ---------------------------------------------- 
 Nature of the transaction   Partial vesting of Equity Incentive Programme 
                              awards granted on 9 March 2020 under 
                              the Smith & Nephew Global Share Plan 
                              2010 . 
                            ---------------------------------------------- 
 Date of Transaction         2021 - 03 - 09 
                            ---------------------------------------------- 
 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 (Position)      / PDMR      (GBP)        Volume             information     *                    * 
                                               5,572 
                                                (of which                        78,458.76313 
 Bradley Cannon                                 2,480                             ordinary 
  (President                                    were sold                         shares (including 
  Sports Medicine                               and 3,092        N/A Single       2,101.64550 
  & ENT)             PDMR        GBP13.7794     retained)         Transaction     in ADS')            0.00887% 
                    ----------  ------------  ----------------  --------------  -------------------  ----------------- 
                                               3,729 
 Phil Cowdy                                     (of which 
  (Chief Business                               1,759 
  Development                                   were sold                        41,926.19975 
  & Corporate                                   and 1,970        N/A Single       ordinary 
  Affairs Officer)   PDMR        GBP13.7794     retained)         Transaction     shares              0.00474% 
                    ----------  ------------  ----------------  --------------  -------------------  ----------------- 
                                               2,906 
                                                (of which 
                                                0 were 
 Myra Eskes                                     sold and                         11,540.94303 
  (President                                    2,906            N/A Single       ordinary 
  APAC Region)       PDMR        GBP13.7794     retained)         Transaction     shares              0.00130% 
                    ----------  ------------  ----------------  --------------  -------------------  ----------------- 
                                               3,709 
 Simon Fraser                                   (of which 
  (President                                    1,104 
  Advanced                                      were sold                        4,583.79911 
  Wound                                         and 2,605        N/A Single       ordinary 
  Management)        PDMR        GBP13.7794     retained)         Transaction     shares              0.00052% 
                    ----------  ------------  ----------------  --------------  -------------------  ----------------- 
                                               5,276 
                                                (of which 
 Mark Gladwell                                  2,489 
  (President                                    were sold                        5,588.44339 
  Operations                                    and 2,787        N/A Single       ordinary 
  & GBS)             PDMR        GBP13.7794     retained)         Transaction     shares              0.00063% 
                    ----------  ------------  ----------------  --------------  -------------------  ----------------- 
                                               4,600 
                                                (of which 
 Melissa Guerdan                                1,570 
  (Chief Quality                                were sold                        5,581.42336 
  & Regulatory                                  and 3,030        N/A Single       ordinary 
  Affairs Officer)   PDMR        GBP13.7794     retained)         Transaction     shares              0.00063% 
                    ----------  ------------  ----------------  --------------  -------------------  ----------------- 
                                               5,309 
                                                (of which 
                                                2,031 
 Skip Kiil                                      were sold                        7,071.53744 
  (President                                    and 3,278        N/A Single       ordinary 
  Orthopaedics)      PDMR        GBP13.7794     retained)         Transaction     shares              0.00080% 
                    ----------  ------------  ----------------  --------------  -------------------  ----------------- 
                                               4,980 
                                                (of which                        101,554.00000 
                                                1,967                             ordinary 
 Elga Lohler                                    were sold                         shares (including 
  (Chief HR                                     and 3,013        N/A Single       3,105.00000 
  Officer)           PDMR        GBP13.7794     retained)         Transaction     in ADS')            0.01148% 
                    ----------  ------------  ----------------  --------------  -------------------  ----------------- 
                                               4,841 
 Catheryn                                       (of which                        75,891.23565 
  O'Rourke                                      1,650                             ordinary 
  (Chief Legal                                  were sold                         shares (including 
  & Compliance                                  and 3,191        N/A Single       5,818.25734 
  Officer)           PDMR        GBP13.7794     retained)         Transaction     in ADS')            0.00858% 
                    ----------  ------------  ----------------  --------------  -------------------  ----------------- 
                                               4,822 
 Vasant                                         (of which 
  Padmanabhan                                   1,637 
  (President                                    were sold                        58,796.00000 
  Research                                      and 3,185        N/A Single       ordinary 
  & Development)     PDMR        GBP13.7794     retained)         Transaction     shares              0.00664% 
                    ----------  ------------  ----------------  --------------  -------------------  ----------------- 
                                               1,673 
                                                (of which 
 Susan Swabey                                   790 were                         48,562.83952 
  (Company                                      sold and         N/A Single       ordinary 
  Secretary)         PDMR        GBP13.7794     883 retained)     Transaction     shares              0.00549% 
                    ----------  ------------  ----------------  --------------  -------------------  ----------------- 
 

* 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 9 MARCH 2021 OF CONDITIONAL SHARE AWARDS MADE UNDER THE GLOBAL SHARE PLAN 2010:

The awards were granted under the Global Share Plan 2010 on 9 March 2020. One third of the shares vested on 9 March 2021, a further third will vest on 9 March 2022 and the final third will vest on 9 March 2023. 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 9 March 2020 under the 
                              Smith & Nephew Global Share Plan 2010. 
                            ------------------------------------------ 
 Date of Transaction         2021 - 03 - 09 
                            ------------------------------------------ 
 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 (Position)        / PDMR      (GBP)        Volume         information     *                     * 
                                                 6,546 
                                                  (of which                    82,090.76313 
 Bradley Cannon                                   2,914                         ordinary 
  (President                                      were sold                     shares (including 
  Sports Medicine                                 and 3,632    N/A Single       2,101.64550 
  & ENT)               PDMR        GBP13.7794     retained)     Transaction     in ADS')             0.00928% 
                      ----------  ------------  ------------  --------------  --------------------  ----------------- 
                                                 4,603 
 Phil Cowdy                                       (of which 
  (Chief Business                                 2,171 
  Development                                     were sold                    44,358.19975 
  & Corporate                                     and 2,432    N/A Single       ordinary 
  Affairs Officer)     PDMR        GBP13.7794     retained)     Transaction     shares               0.00501% 
                      ----------  ------------  ------------  --------------  --------------------  ----------------- 
                                                 6,594 
                                                  (of which 
                                                  0 were 
 Myra Eskes                                       sold and                     18,134.94303 
  (President                                      6,594        N/A Single       ordinary 
  APAC Region)         PDMR        GBP13.7794     retained)     Transaction     shares               0.00205% 
                      ----------  ------------  ------------  --------------  --------------------  ----------------- 
                                                 5,608 
                                                  (of which 
 Simon Fraser                                     1,669 
  (President                                      were sold                    8,522.79911 
  Advanced                                        and 3,939    N/A Single       ordinary 
  Wound Management)    PDMR        GBP13.7794     retained)     Transaction     shares               0.00096% 
                      ----------  ------------  ------------  --------------  --------------------  ----------------- 
                                                 6,197 
                                                  (of which 
 Mark Gladwell                                    2,923 
  (President                                      were sold                    8,862.44339 
  Operations                                      and 3,274    N/A Single       ordinary 
  & GBS)               PDMR        GBP13.7794     retained)     Transaction     shares               0.00100% 
                      ----------  ------------  ------------  --------------  --------------------  ----------------- 
                                                 5,455 
                                                  (of which 
 Melissa Guerdan                                  1,862 
  (Chief Quality                                  were sold                    9,174.42336 
  & Regulatory                                    and 3,593    N/A Single       ordinary 
  Affairs Officer)     PDMR        GBP13.7794     retained)     Transaction     shares               0.00104% 
                      ----------  ------------  ------------  --------------  --------------------  ----------------- 
                                                 8,029 
                                                  (of which 
                                                  3,072 
 Skip Kiil                                        were sold                    12,028.53744 
  (President                                      and 4,957    N/A Single       ordinary 
  Orthopaedics)        PDMR        GBP13.7794     retained)     Transaction     shares               0.00136% 
                      ----------  ------------  ------------  --------------  --------------------  ----------------- 
                                                 5,849 
                                                  (of which                    105,093.00000 
                                                  2,310                         ordinary 
 Elga Lohler                                      were sold                     shares (including 
  (Chief HR                                       and 3,539    N/A Single       3,105.00000 
  Officer)             PDMR        GBP13.7794     retained)     Transaction     in ADS')             0.01188% 
                      ----------  ------------  ------------  --------------  --------------------  ----------------- 
                                                 5,714 
 Catheryn                                         (of which                    79,657.23565 
  O'Rourke                                        1,948                         ordinary 
  (Chief Legal                                    were sold                     shares (including 
  & Compliance                                    and 3,766    N/A Single       5,818.25734 
  Officer)             PDMR        GBP13.7794     retained)     Transaction     in ADS')             0.00900% 
                      ----------  ------------  ------------  --------------  --------------------  ----------------- 
                                                 5,610 
                                                  (of which 
 Vasant Padmanabhan                               1,904 
  (President                                      were sold                    62,502.00000 
  Research                                        and 3,706    N/A Single       ordinary 
  & Development)       PDMR        GBP13.7794     retained)     Transaction     shares               0.00706% 
                      ----------  ------------  ------------  --------------  --------------------  ----------------- 
 

* 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

, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHFLFSDVLIILIL

(END) Dow Jones Newswires

March 10, 2021 12:45 ET (17:45 GMT)

Smith & Nephew (LSE:SN.)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Smith & Nephew Charts.
Smith & Nephew (LSE:SN.)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Smith & Nephew Charts.