Director/PDMR Shareholding

RNS Number : 1547O
Smith & Nephew Plc
04 February 2016
 

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

 

SMITH & NEPHEW PLC

 

4 February 2016

 

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:

 

56,156

 

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 vested on 4 February 2016. All vested shares were 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 4 February 2016 was 1111.00p 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 Reuben

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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