Smith & Nephew PLC — Director's Dealing 2014

Apr 1, 2014

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RNS Number : 7763D

Smith & Nephew Plc

01 April 2014

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

SMITH & NEPHEW PLC

1 April 2014

Smith & Nephew plc (the "Company") announces that it has today received notification of the following transaction by a Director.

Name of Director	Olivier Bohuon
Share Award:	Conditional Share Award
Number of Ordinary Shares vested:	66,666
No. of Ordinary Shares disposed: (ii)	14,882
Total holding of Ordinary Shares following notification:	208,423

Notes

i)    The award was granted over 200,000 Ordinary Shares on 1 April 2011. One third of the award vested on 1 April 2012, a further third vested on 1 April 2013 and the final third vested on 1 April 2014. 

ii)   These shares were sold to settle the income tax liability which arose on vesting. The market value of the shares acquired and sold on 1 April 2014 is 915.5p per share.

iii)   No consideration is payable for the acquisition of the shares.

iv)  The transaction took place in London, UK. 

v)   The total percentage holding following notification is less than 0.1%.

vi)  This announcement is made in accordance with the requirements of DTR 3.1.4 R(1)(a)

Gemma Parsons

Deputy Company Secretary

Smith & Nephew plc

Tel: 020 7401 7646

This information is provided by RNS

The company news service from the London Stock Exchange

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