Director/PDMR Shareholding

RNS Number : 1933E
Smith & Nephew Plc
05 February 2015
 



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

 

SMITH & NEPHEW PLC

 

5 February 2015

 

Smith & Nephew plc (the "Company") announces that it has today received notification of the following transaction by a person discharging managerial responsibilities ("PDMR").

 

 

Name of director/PDMR:

 

Julie Brown

Share Award:

Share Award Agreement

 

Number of Ordinary Shares vested:

25,000

 

No. of Ordinary Shares sold to cover taxes:

11,789

Total holding of Ordinary Shares following notification:

 

38,211

 

Notes

 

i)    The award was granted on 7 March 2013. One third of the award vested on 4 February 2014. A further third vested on 4 February 2015 and the final third will vest on 4 February 2016, subject to continued employment.

 

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

 

iii)   The market value of the Ordinary Shares acquired and sold on 5 February 2015 was 1181p per Ordinary Share.  

 

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)

 

 

Vickie Grady

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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