Smiths Group PLC Director/PDMR Shareholding (7236M)

TIDMSMIN

RNS Number : 7236M

Smiths Group PLC

01 August 2017

1 AUGUST 2017

NOTIFICATION OF TRANSACTION OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITY

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------- 
 a)   Name                      Sir George Buckley 
---  ------------------------  ----------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------- 
 a)   Position/status           Chairman 
---  ------------------------  ----------------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
---  ------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------- 
 a)   Name                      Smiths Group plc ("the Company") 
---  ------------------------  ----------------------------------- 
 b)   LEI                       213800MJL6IPZS3ASA11 
---  ------------------------  ----------------------------------- 
 4    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 
---  ------------------------------------------------------------- 
 a)   Description of            Ordinary shares of 37.5p each 
       the financial             in Smiths Group plc ("Ordinary 
       instrument, type          Shares") 
       of instrument 
 
       Identification            GB00B1WY2338 
       code 
---  ------------------------  ----------------------------------- 
 b)   Nature of the             Acquisition of Ordinary Shares, 
       transaction               in accordance with a binding 
                                 commitment entered into on 
                                 19 July 2017, pursuant to which 
                                 the Chairman purchases Ordinary 
                                 Shares on a quarterly basis, 
                                 using a fixed proportion (20%) 
                                 of the after-tax fees he receives 
                                 from the Company. 
 
                                 The Chairman intends to hold 
                                 the Ordinary Shares purchased 
                                 under this arrangement until 
                                 his retirement from the board 
                                 of the Company. 
---  ------------------------  ----------------------------------- 
 c)   Price(s) and               Price     Volume 
       volume(s)                 --------  ------- 
                                  1543.5p   431 
                                 --------  ------- 
---  ------------------------  ----------------------------------- 
 d)   Aggregated information    Not applicable 
 
       - Aggregated 
       volume 
       - Price 
---  ------------------------  ----------------------------------- 
 e)   Date of the transaction   2017-08-01 
---  ------------------------  ----------------------------------- 
 f)   Place of the              London Stock Exchange (XLON) 
       transaction 
---  ------------------------  ----------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 01, 2017 05:30 ET (09:30 GMT)