Director/PDMR Shareholding

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:  [phone]

 

END

 

 

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