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Smith & Nephew PLC — Remuneration Information 2018
Mar 8, 2018
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Remuneration Information
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RNS Number : 1539H
Smith & Nephew Plc
08 March 2018
SMITH & NEPHEW PLC
08 March 2018
NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM.
On 7 March 2018 the following awards of US$0.20 ordinary shares (the "Shares") in Smith & Nephew plc (the "Company") vested under the Smith & Nephew Global Share Plan 2010.
1. PARTIAL VESTING ON 7 MARCH 2018 OF 2016 EQUITY INCENTIVE AWARDS MADE UNDER THE GLOBAL SHARE PLAN 2010:
The awards were granted under the Global Share Plan 2010 on 7 March 2016. One third of the shares vested on 7 March 2017, a further third vested on 7 March 2018 and the final third will vest on 7 March 2019. A minimum number of Ordinary Shares were sold to cover taxation obligations arising on the vesting of the awards. The number of shares acquired includes the dividend equivalent shares which participants receive on vested shares.
| Name | Director/PDMR | Number of Ordinary Shares acquired | Number of Ordinary Shares sold at £13.0145 per share | Shares Retained |
| Olivier Bohuon | Chief Executive Officer | 17,323 | 8,171 | 9,152 |
| Rodrigo Bianchi | PDMR | 7,691 | 0 | 7,691 |
| Bradley Cannon | PDMR | 3,997 | 1,427 | 2570 |
| Elga Lohler | PDMR | 4,030 | 1,806 | 2,224 |
| Cathy O'Rourke | PDMR | 2,858 | 997 | 1,861 |
| Cyrille Petit | PDMR | 6,078 | 2,867 | 3,211 |
| Matthew Stober | PDMR | 6,078 | 1,810 | 4,268 |
| Glenn Warner | PDMR | 7,432 | 2,585 | 4,847 |
2. PARTIAL VESTING ON 7 MARCH 2018 OF 2017 EQUITY INCENTIVE AWARDS MADE UNDER THE GLOBAL SHARE PLAN 2010:
The awards were granted under the Global Share Plan 2010 on 7 March 2017. One third of the shares vested on 7 March 2018, a further third will vest on 7 March 2019 and the final third will vest on 7 March 2020. A minimum number of Ordinary Shares were sold to cover taxation obligations arising on the vesting of the awards. The number of shares acquired includes the dividend equivalent shares which participants receive on vested shares.
| Name | Director/PDMR | Number of Ordinary Shares acquired | Number of Ordinary Shares sold at £13.0145 per share | Shares Retained |
| Olivier Bohuon | Chief Executive Officer | 14,141 | 6,671 | 7,470 |
| Rodrigo Bianchi | PDMR | 9,093 | 0 | 9,093 |
| Bradley Cannon | PDMR | 6,399 | 2,259 | 4,140 |
| Elga Lohler | PDMR | 4,346 | 1,970 | 2,376 |
| Cathy O'Rourke | PDMR | 3,211 | 1,121 | 2,090 |
| Vasant Padmanabhan | PDMR | 1,933 | 675 | 1,258 |
| Cyrille Petit | PDMR | 5,776 | 2,726 | 3,050 |
| Matthew Stober | PDMR | 7,369 | 2,194 | 5,175 |
| Glenn Warner | PDMR | 6,700 | 2,331 | 4,369 |
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Olivier Bohuon
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Smith & Nephew plc
b)
LEI
213800ZTMDN8S67S1H61
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
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2017 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 14,141 | £184,038.0445 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2016 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 17,323 | £225,450.1835 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Rodrigo Bianchi
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Smith & Nephew plc
b)
LEI
213800ZTMDN8S67S1H61
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
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2017 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 9,093 | £118,340.8485 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2016 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 7,691 | £100,094.5195 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Bradley Cannon
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Smith & Nephew plc
b)
LEI
213800ZTMDN8S67S1H61
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
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2017 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 6,399 | £83,279.7855 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2016 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 3,997 | £52,018.9565 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Elga Lohler
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Smith & Nephew plc
b)
LEI
213800ZTMDN8S67S1H61
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
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2017 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 4,346 | £56,561.0170 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2016 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 4,030 | £52,448.4350 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Cathy O'Rourke
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Smith & Nephew plc
b)
LEI
213800ZTMDN8S67S1H61
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
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2017 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 3,211 | £41,789.5595 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2016 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 2,858 | £37,195.4410 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Vasant Padmanabhan
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Smith & Nephew plc
b)
LEI
213800ZTMDN8S67S1H61
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
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2017 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 1,933 | £25,157.0285 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Cyrille Petit
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Smith & Nephew plc
b)
LEI
213800ZTMDN8S67S1H61
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
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2017 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 5,776 | £75,171.7520 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2016 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 6,078 | £79,102.1310 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Matthew Stober
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Smith & Nephew plc
b)
LEI
213800ZTMDN8S67S1H61
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
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2017 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 7,369 | £95,903.8505 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2016 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 6,078 | £79,102.1310 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Glenn Warner
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Smith & Nephew plc
b)
LEI
213800ZTMDN8S67S1H61
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
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2017 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 6,700 | £87,197.1500 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
| Date of Transaction | Financial Instrument | Identification Code | Place of Transaction | Currency |
| 2018 - 03 - 07 | Smith & Nephew plc Ordinary Shares of USD 0.20 each | ISIN: GB0009223206 | London Stock Exchange | GBP - British Pound |
| Nature of Transaction: Partial vesting of Equity Incentive Awards granted on 7 March 2016 under the Smith & Nephew Global Share Plan 2010 |
Price | Volume | Total | |
| £13.0145 | 7,432 | £96,723.7640 | ||
| Aggregated | Single Transaction N/A |
Single Transaction N/A |
Single Transaction N/A |
Vickie Reuben
Deputy Company Secretary
Smith & Nephew plc
Tel: 01923 477410
This information is provided by RNS
The company news service from the London Stock Exchange
END
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