TIDMSN.

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        Initial notification 
  /Amendment 
                            ---------------------------------------------- 
 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          Smith & Nephew plc ordinary shares of 
  financial instrument,       USD 0.20 each 
  type of instrument 
                            ---------------------------------------------- 
 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) 
                            ---------------------------------------------- 
 
 
                                                                                             Total Ordinary 
                                                                                              Share Holding 
                                                                          Total Ordinary      as a % of 
                                                                           Share Holding      the Company's 
                                                                           following          ISC following 
 Name                             Price                    Aggregated      the transaction    the transaction 
  (Position)            Status     (GBP)      Volume        information    *                  * 
                                              26,529 
                                               (of which 
                                               26,529 
 Deepak Nath                                   were sold 
  (Chief Executive                             and 0       N/A Single     0.00000 ordinary 
  Officer)            Director    12.780114    retained)    Transaction    shares            0.00000% 
                     ----------  ----------  -----------  -------------  -----------------  ----------------- 
 

* 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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHFIFEDEDIDLIF

(END) Dow Jones Newswires

May 17, 2022 04:01 ET (08:01 GMT)

Smith & Nephew (LSE:SN.)
Graphique Historique de l'Action
De Juil 2022 à Août 2022 Plus de graphiques de la Bourse Smith & Nephew
Smith & Nephew (LSE:SN.)
Graphique Historique de l'Action
De Août 2021 à Août 2022 Plus de graphiques de la Bourse Smith & Nephew