REG - Smith & Nephew Plc - Director/PDMR Shareholding

Smith & NephewAnnouncement

24/05/2023 16:45

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RNS Number : 5568A  Smith & Nephew Plc  24 May 2023

SMITH & NEPHEW PLC

 

24 May 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.

 

1.   PARTIAL VESTING OF CONDITIONAL SHARE AWARDS GRANTED UNDER THE GLOBAL
SHARE PLAN 2020

 

On 22 May 2023 being the first business day post-vesting date, the following
awards of US$0.20 ordinary shares (the "Shares") in Smith & Nephew plc
(the "Company") partially vested under the Smith & Nephew Global Share
Plan 2020.

 

i.     PARTIAL VESTING OF CONDITIONAL SHARE AWARDS GRANTED ON 21 MAY 2021:

 

The awards were granted under the Global Share Plan 2020 on 21 May 2021. One
third of the Shares vested on 21 May 2022, a further third vested on 21 May
2023 and the final third will vest on 21 May 2024. 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 21 May 2021 under the
                                                              Smith & Nephew Global Share Plan 2020.
 Date of Transaction                                          2023 - 05 - 22
 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
 Scott Schaffner               PDMR     £12.795107   1,142 (of which 280 were sold and 862 retained)  N/A Single Transaction  60,064.98048                                             0.00684%

 (President Sports Medicine)                                                                                                  (including 1,927.12679 in ADS')

 

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

 

ii.   PARTIAL VESTING OF CONDITIONAL SHARE AWARDS 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 will vest 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 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 of Conditional Share Awards granted on 12 August 2022 under
                                                              the Smith & Nephew Global Share Plan 2020.
 Date of Transaction                                          2023 - 05 - 22
 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
 Myra Eskes                               PDMR     £12.795107   11,684 (of which 0 were sold and 11,684 retained)     N/A Single Transaction  73,705.97554                                             0.00840%

 (President APAC & Global Service)
 Elga Lohler                              PDMR     £12.795107   10,088 (of which 4,012 were sold and 6,076 retained)  N/A Single Transaction  150,759.19156 (including 3,015.00000 in ADS')            0.01718%

 (Chief HR Officer)

 Vasant Padmanabhan                       PDMR     £12.795107   9,813 (of which 3,841 were sold and 5,972 retained)   N/A Single Transaction  106,325.13931                                            0.01211%

 (President Research & Development)

 

* 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.   SALE OF SHARES

 

 

 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                                    Sale of ordinary shares.
 Date of Transaction                                          2023 - 05 - 23
 Place of Transaction                                         London Stock Exchange (XLON)

 

 

 Name                 Status  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)
 Elga Lohler          PDMR    12.729537   6,361.19156  N/A Single Transaction  144,398.00000                                            0.01645%

 (Chief HR Officer)                                                            (including 3,015.00000 in ADS')

 

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

 

Following the above transaction, the individual continues to maintain a
shareholding in accordance with the Company's shareholding guidelines.

 

 

 

Sarah Carne

Deputy Company Secretary

Smith & Nephew plc

 

Tel:  +44 (0)1923 477100

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