Smith & Nephew Plc Director/PDMR Shareholding (7610L)

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: [phone]

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(END) Dow Jones Newswires

May 17, 2022 12:03 ET (16:03 GMT)