Smith & Nephew PLC — Director's Dealing 2019

Mar 8, 2019

National Storage Mechanism | Additional information

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RNS Number : 3488S

Smith & Nephew Plc

08 March 2019

SMITH & NEPHEW PLC

8 March 2019

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.

On 7 March 2019 the following awards of US$0.20 ordinary shares (the "Shares") in Smith & Nephew plc (the "Company") were granted under the Smith & Nephew Global Share Plan 2010. The Awards have been made in London and are based on the closing Share price on the London Stock Exchange on 6 March 2019 of £14.625.

1.       PERFORMANCE SHARE AWARDS GRANTED UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2010

There are performance conditions attached to the vesting of performance share awards. These awards will vest on 7 March 2022, subject to the achievement of the performance conditions which are measured from 1 January 2019 to 31 December 2021. The number of shares subject to the above awards are shown at target vesting.  Should maximum vesting be achieved, participants will receive 2x the number of shares shown below.  Participants will receive an additional number of shares equivalent to the amount of dividend payable per vested share during the relevant performance period.

The following relates to all individuals included in this notification:

Reason for the notification
Initial notification /Amendment	Initial notification
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 financial instrument, type of instrument	Smith & Nephew plc Ordinary Shares of USD 0.20 each
Identification code	ISIN: GB0009223206
Nature of the transaction	Performance Share Awards granted at target on 7 March 2019 under the Smith & Nephew Global Share Plan 2010.
Date of Transaction	2019 - 03 - 07
Place of Transaction	London Stock Exchange (XLON)

Name	Position / Status	Price (s)	Volume(s)	Aggregated information
Graham Baker	Chief Financial Officer	£14.625	35,480	N/A Single Transaction
Bradley Cannon	PDMR	£14.625	15,392	N/A Single Transaction
Massimiliano Colella	PDMR	£14.625	15,374	N/A Single Transaction
Phil Cowdy	PDMR	£14.625	11,282	N/A Single Transaction
Simon Fraser	PDMR	£14.625	13,583	N/A Single Transaction
Mark Gladwell	PDMR	£14.625	13,162	N/A Single Transaction
Melissa Guerdan	PDMR	£14.625	12,582	N/A Single Transaction
Skip Kiil	PDMR	£14.625	19,445	N/A Single Transaction
Elga Lohler	PDMR	£14.625	13,361	N/A Single Transaction
Namal Nawana	Chief Executive Officer	£14.625	76,065	N/A Single Transaction
Cathy O'Rourke	PDMR	£14.625	12,990	N/A Single Transaction
Vasant Padmanabhan	PDMR	£14.625	13,191	N/A Single Transaction
Susan Swabey	PDMR	£14.625	4,892	N/A Single Transaction

2.       EQUITY INCENTIVE AWARDS GRANTED UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2010

The awards will normally vest in equal annual tranches over three years following the award date subject to continued achievement of objectives and employment. In the event that objectives are not met in any of the three years, the portion of shares due to vest on the following anniversary will lapse. Participants will receive an additional number of shares equivalent to the amount of dividend payable per vested share during the relevant performance period.

The following relates to all individuals included in this notification:

Reason for the notification
Initial notification /Amendment	Initial notification
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 financial instrument, type of instrument	Smith & Nephew plc Ordinary Shares of USD 0.20 each
Identification code	ISIN: GB0009223206
Nature of the transaction	Equity Incentive Awards granted on 7 March 2019 under the Smith & Nephew Global Share Plan 2010.
Date of Transaction	2019 - 03 - 07
Place of Transaction	London Stock Exchange (XLON)

Name	Position / Status	Price (s)	Volume(s)	Aggregated information
Graham Baker	Chief Financial Officer	£14.625	18,142	N/A Single Transaction
Bradley Cannon	PDMR	£14.625	13,984	N/A Single Transaction
Massimiliano Colella	PDMR	£14.625	13,976	N/A Single Transaction
Phil Cowdy	PDMR	£14.625	6,975	N/A Single Transaction
Mark Gladwell	PDMR	£14.625	6,526	N/A Single Transaction
Melissa Guerdan	PDMR	£14.625	5,547	N/A Single Transaction
Skip Kiil	PDMR	£14.625	17,677	N/A Single Transaction
Elga Lohler	PDMR	£14.625	13,259	N/A Single Transaction
Namal Nawana	Chief Executive Officer	£14.625	28,712	N/A Single Transaction
Cathy O'Rourke	PDMR	£14.625	12,868	N/A Single Transaction
Vasant Padmanabhan	PDMR	£14.625	11,992	N/A Single Transaction
Susan Swabey	PDMR	£14.625	4,892	N/A Single Transaction

Susan Swabey

Company Secretary

Smith & Nephew plc

Tel:  01923 477216

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.

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