REG - Smith & Nephew Plc - Director/PDMR Shareholding

Smith & NephewAnnouncement

21/05/2025 15:00

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RNS Number : 6489J  Smith & Nephew Plc  21 May 2025

SMITH & NEPHEW PLC

 

21 May 2025

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

This announcement is made in accordance with the UK Market Abuse Regulation
(Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the
European Union (Withdrawal) Act 2018).

 

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

 

On 20 May 2025, 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.    VESTING OF PERFORMANCE SHARE PLAN AWARDS MADE UNDER THE SMITH &
NEPHEW GLOBAL SHARE PLAN 2020

 

The awards were granted under the Global Share Plan 2020 and vested on 20 May
2025 at 59.35% of target. A number of Shares were sold to cover taxation
obligations arising on the vesting of the awards as detailed in the table
below. The number of Shares acquired includes the dividend equivalent Shares
which the participant received on the vested Shares.  The table below sets
out the number of shares under award which vested.  The remaining shares
under award have lapsed.

 

 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 on 20 May 2025 of Performance Share Plan awards granted under the
                                                              Smith & Nephew Global Share Plan 2020, and subsequent sale of shares to
                                                              cover tax liability
 Date of Transaction                                          2025 - 05 - 20
 Place of Transaction                                         London Stock Exchange (XLON)

 

 Name                                 Price (£)   Volume                                                       Aggregated information

 (Position)                  Status
 Deepak Nath                 PDMR     10.875359   83,938 (of which 34,477 were sold and 49,461 were retained)  N/A Single Transaction

 (Chief Executive Officer)

 

 

ii.   VESTING OF CONDITIONAL AWARDS MADE UNDER THE SMITH & NEPHEW GLOBAL
SHARE PLAN 2020

 

The awards were granted under the Global Share Plan 2020 and vested on 20 May
2025. A number of Shares were sold to cover taxation obligations arising on
the vesting of the awards as detailed in the table below.

 

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                                    Vesting on 20 May 2025 of Conditional Share awards granted under the Smith
                                                              & Nephew Global Share Plan 2020, and subsequent sale of shares to cover
                                                              tax liability
 Date of Transaction                                          2025 - 05 - 20
 Place of Transaction                                         London Stock Exchange (XLON)

 

 

 Name                                                                               Price (£)   Volume                                                      Aggregated information

 (Position)                                                                Status
 Craig Gaffin                                                              PDMR     10.875359   1,551 (of which 379 were sold and 1,172 were retained)      N/A Single Transaction

 (President, Global Orthopaedics)
 Elga Lohler                                                               PDMR     10.875359   20,174 (of which 8,026 were sold and 12,148 were retained)  N/A Single Transaction

 (Chief HR Officer)
 Vasant Padmanabhan                                                        PDMR     10.875359   19,626 (of which 8,708 were sold and 10,918 were retained)  N/A Single Transaction

 (President Research & Development and ENT)
 Rohit Kashyap                                                             PDMR     10.875359   11,949 (of which 2,920 were sold and 9,029 retained)        N/A Single Transaction

 (President, Advanced Wound Management and Global Commercial Operations)

 

 

 

Philip Horner

Deputy Company Secretary

Smith & Nephew plc

 

Tel:  +44 (0)1923 477100

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