REG - Smith & Nephew Plc - Director/PDMR Shareholding

Smith & NephewAnnouncement

21/05/2024 10:00

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RNS Number : 2832P  Smith & Nephew Plc  21 May 2024

SMITH & NEPHEW PLC

 

21 May 2024

 

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.

 

1.   VESTING OF SHARE AWARDS UNDER THE GLOBAL SHARE PLAN 2020

 

On 20 May 2024, the Company received notification of the following
transactions in US$0.20 ordinary shares (the "Shares") in Smith & Nephew
plc (the "Company") following the vesting of awards under the Smith &
Nephew Global Share Plan 2020.

 

i. PARTIAL VESTING OF CONDITIONAL SHARE AWARD GRANTED ON 12 AUGUST 2022

 

The awards were granted under the Global Share Plan 2020 on 12 August 2022.
One third of the Shares vested on 20 May 2023, a further third vested on 20
May 2024 and the final third will vest on 20 May 2025. A number of Shares were
sold to cover taxation obligations arising on the vesting of the awards.

 

The following relates to the individual included in the below 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                                    Partial vesting of Conditional Share Awards granted on 12 August 2022 under
                                                              the Smith & Nephew Global Share Plan 2020.
 Date of Transaction                                          2024 - 05 - 20
 Place of Transaction                                         London Stock Exchange (XLON)

 

 

 Name                                                  Price (£)   Volume                                                Aggregated information

 (Position)                                   Status
 Vasant Padmanabhan                           PDMR     10.290135   9,813 (of which 3,130 were sold and 6,683 retained.)  N/A Single Transaction

 (President Research & Development ENT)

 

 

 

 

 

Sarah Carne

Deputy Company Secretary

Smith & Nephew plc

 

Tel:  +44 (0)1923 477100

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