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Smith & Nephew PLC Director's Dealing 2020

Feb 7, 2020

4588_dirs_2020-02-07_2b5e188d-7eda-4599-9db0-5f5cf02a910e.html

Director's Dealing

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RNS Number : 3885C

Smith & Nephew Plc

07 February 2020

SMITH & NEPHEW PLC

7 February 2020

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.

Smith & Nephew plc (the "Company") announces that it has been informed of changes to the share interests of PDMRs in the Company, detailed below, following completion of the related performance periods.

Smith & Nephew Global Share Plan 2010 (Performance Share Awards):

Name of PDMR Number of ordinary shares under award granted on 07/03/2017 (shown at maximum) Number of ordinary shares lapsed under award (shown at maximum)
Graham Baker 79,166 40,375
Bradley Cannon 44,942 22,921
Phil Cowdy 16,022 8,172
Elga Lohler 25,612 13,063
Catheryn O'Rourke 15,138 7,721
Vasant Padmanabhan 32,996 16,828
Susan Swabey 11,402 5,816

Notes:

(i)     Following completion of the performance measurement period, 98% of the target awards made on 7 March 2017 vested.

(ii)     At maximum, 51% of awards have lapsed on 6 February 2020 and the remaining 49% of awards will vest and subject to continued employment, will be settled on 9 March 2020 being the first business date after the third anniversary of the awards.  

This announcement is made in accordance with the requirements of Article 19 (3) of the Market Abuse Regulation.

Vickie Reuben  

Deputy 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 [email protected] or visit www.rns.com.

END

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