REG - Smith & Nephew Plc - Director/PDMR Shareholding

Smith & NephewAnnouncement

14/08/2024 13:15

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RNS Number : 4747A  Smith & Nephew Plc  14 August 2024

SMITH & NEPHEW PLC

 

14 August 2024

 

NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE
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 13 August 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.

 

All figures in these columns are stated to 6 decimal places where applicable.

 

i.    PARTIAL VESTING OF 2021 CONDITIONAL AWARDS MADE UNDER THE GLOBAL
SHARE PLAN 2020:

 

The awards were granted under the Global Share Plan 2020 on 13 August 2021 and
vest in three equal tranches in the following three years, with the award
vesting on 13 August 2024 being the final tranche.  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 /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 on 13 August 2024 of Conditional Share awards granted on 13
                                                              August 2021 under the Smith & Nephew Global Share Plan 2020, and
                                                              subsequent sale of shares to cover tax liability
 Date of Transaction                                          2024 - 08 - 13
 Place of Transaction                                         London Stock Exchange (XLON)

 

 

 Name                                      Status  Price (£)   Volume                                                 Aggregated information

 (Position)
 Craig Gaffin (President Orthopaedics)     PDMR    11.403054   595 (of which 146 were sold and 449 were retained.)    N/A Single Transaction
 Alison Parkes (Chief Compliance Officer)  PDMR    11.403054   1,218 (of which 447 were sold and 771 were retained.)  N/A Single Transaction

 

 

ii.   PARTIAL VESTING OF 2023 CONDITIONAL AWARDS MADE UNDER THE GLOBAL SHARE
PLAN 2020:

 

The awards were granted under the Global Share Plan 2020 on 11 August 2023.
One third of the award vests in equal tranches over the following three years.
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 /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 on 11 August 2023 of Conditional Share awards granted on 11
                                                              August 2024 under the Smith & Nephew Global Share Plan 2020, and
                                                              subsequent sale of shares to cover tax liability
 Date of Transaction                                          2024 - 08 - 13
 Place of Transaction                                         London Stock Exchange (XLON)

 

 

 Name                                                                               Price (£)   Volume                                                       Aggregated information

 (Position)                                                                Status
 Rohit Kashyap                                                             PDMR     11.403054   23,201 (of which 5,670 were sold and 17,531 were retained.)  N/A Single Transaction

 (President, Advanced Wound Management and Global Commercial Operations)

 

 

Helen Barraclough

Company Secretary

Smith & Nephew plc

 

Tel:  +44 (0)1923 477100

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