REG - Smith & Nephew Plc - Transaction in Own Shares

Smith & NephewAnnouncement

12/08/2022 17:45

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RNS Number : 9268V  Smith & Nephew Plc  12 August 2022

12 August 2022

Smith & Nephew plc

Transaction in Own Shares

Smith & Nephew plc (the "Company") announces today it has purchased the
following number of its own ordinary shares of US 20¢ each through JP Morgan,
as part of its USD $125 million share buyback programme announced on 08 August
2022 and in accordance with the authority granted by shareholders at the
Company's Annual General Meeting on 13 April 2022.

 

Aggregated details of share purchase transactions according to trading venue
are set out below:

 

 Date of transaction:  Venue:  Number of ordinary shares repurchased:  Highest price paid per ordinary share (GBP):  Lowest price paid per ordinary share (GBP):  Volume weighted average price paid per ordinary share (GBP):
 12/08/2022            XLON    155,707                                 £10.675000                                    £10.575000                                   £10.604758

 

The Company intends to hold these shares in Treasury and then cancel them or
allocate them to employee share awards as they fall due.

Since 9 August 2022, the Company has purchased 1,923,363 shares at a cost
(including dealing and associated costs) of £20,554,440.80.

Following the purchase of these shares, the Company holds 6,954,219 of its
shares in Treasury. The Company's issued share capital, with one voting right
per share consists of 870,607,814 ordinary shares of US20¢ each (excluding
treasury shares). This figure of 870,607,814 is the figure which should be
used by shareholders as the denominator when determining whether they are
required to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency Rules.

 

These purchases were made by JP Morgan on behalf of the Company.

This announcement is made in accordance with the requirements of LR 12.4.6.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (as
incorporated into UK domestic law by the European Union (Withdrawal) Act
2018), a full breakdown of the individual purchases is attached to this
announcement.

http://www.rns-pdf.londonstockexchange.com/rns/9268V_1-2022-8-12.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/9268V_1-2022-8-12.pdf)

 

Sarah Carne

Deputy Company Secretary

Smith & Nephew plc

 

Tel: +44 (0)1923 477100

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