REG - Smith & Nephew Plc - Director/PDMR Shareholding

Smith & NephewAnnouncement

17/05/2022 09:15

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RNS Number : 7610L  Smith & Nephew Plc  17 May 2022

SMITH & NEPHEW PLC

 

17 May 2022

 

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.

 

VESTING OF A CONDITIONAL AWARD GRANTED UNDER AN AWARD AGREEMENT DATED 29 APRIL
2022

 

On 15 May 2022, the Conditional Award of US$0.20 ordinary shares (the
"Shares") in Smith & Nephew plc (the "Company") vested over 26,529 Shares.
The resultant Shares post-vest were sold on 16 May 2022, being the next
available business date. Proceeds from the sale of sufficient Shares were
utilised to satisfy the taxes due. As previously announced, the Conditional
Award formed part of buy-out awards granted in respect of outstanding
incentives Deepak Nath forfeited upon leaving his former company.

 

 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                                    Vesting of a Conditional Award and subsequent sale of all Shares.
 Date of Transaction                                          2022 - 05 - 16
 Place of Transaction                                         London Stock Exchange (XLON)

 

 Name                                  Price (£)   Volume                                             Aggregated information  Total Ordinary Share Holding following the transaction *  Total Ordinary Share Holding as a % of the Company's ISC following the

                                                                                                                                                          transaction *
 (Position)                  Status
 Deepak Nath                 Director  12.780114   26,529 (of which 26,529 were sold and 0 retained)  N/A Single Transaction  0.00000 ordinary shares                                   0.00000%

 (Chief Executive Officer)

 

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

 

Sarah Carne

Deputy Company Secretary

Smith & Nephew plc

 

Tel:  +44 (0)1923 477100

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