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Smith & Nephew PLC Remuneration Information 2020

Aug 19, 2020

4588_def-14a_2020-08-19_902a5f68-c291-407b-afcc-12a2b7b3469f.html

Remuneration Information

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National Storage Mechanism | Additional information

RNS Number : 6106W

Smith & Nephew Plc

19 August 2020

SMITH & NEPHEW PLC

19 August 2020

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 15 August 2020, 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.

PARTIAL VESTING ON 15 AUGUST 2020 OF CONDITIONAL SHARE AWARDS MADE UNDER THE GLOBAL SHARE PLAN 2010: 

The awards were granted under the Global Share Plan 2010 on 15 August 2018. One third of the shares vested on 15 August 2019, a further third vested on 15 August 2020 and the final third will vest on 15 August 2021. A number of Shares were sold to cover taxation obligations arising on the vesting of the awards.

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 Partial vesting of a Conditional Share Award granted on 15 August 2018 under the Smith & Nephew Global Share Plan 2010.
Date of Transaction 2020 - 08 - 18
Place of Transaction London Stock Exchange (XLON)
Name Director / PDMR Price (£) Volume Aggregated information Total Share Holding following the transaction * Total Share Holding as a % of the Company's ISC following the transaction *
Mark Gladwell PDMR 15.3897 9,774 (of which 4,610 were sold and 5,164 retained) N/A Single Transaction 11,590.64119 ordinary shares 0.00131%
Melissa Guerdan PDMR 15.3897 3,840 (of which 1,157 were sold and 2,683 retained) N/A Single Transaction 6,662.18425 ordinary shares 0.00075%

* including those held by Persons Closely Associated with the Director/PDMR. All figures in these columns are stated to 5 decimal places where applicable.

Vickie Reuben  

Deputy Company Secretary

Smith & Nephew plc

Tel:  +44 (0)1923 477410

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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