REG - Smith & Nephew Plc - Director/PDMR Shareholding

Smith & NephewAnnouncement

22/02/2023 13:15

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RNS Number : 7431Q  Smith & Nephew Plc  22 February 2023

SMITH & NEPHEW PLC

 

22 February 2023

 

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 2020 (Performance Share Awards):

 

The following relates to 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                                    Lapse of Performance Share Award granted on 21 December 2020 under the Smith
                                                              & Nephew Global Share Plan 2020
 Date of Transaction                                          2023 - 02 - 21
 Place of Transaction                                         Lapse took place outside a trading venue

 

 Name of PDMR                Number of ordinary shares under award granted on 21/12/2020 (shown at maximum)  Number of ordinary shares lapsed under award (shown at maximum)  Number of ordinary shares outstanding under award (shown at maximum)

 (Position)
 Anne-Françoise Nesmes       42,726                                                                          42,726                                                           0

 (Chief Financial Officer)

 

Notes:

 

(i)      Following completion of the performance measurement period, this
award lapsed in full on 21 February 2023.

 

(ii)     Details regarding the performance against targets as set at the
grant date will be disclosed within the Annual Report which is to be published
on 6 March 2023.

 

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

 

Sarah Carne

Deputy Company Secretary

Smith & Nephew plc

Tel:      +44 (0) 1923 477100

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