Director/PDMR Shareholding

RNS Number : 4915P

Smith & Nephew Plc

08 February 2019

 

SMITH & NEPHEW PLC

8 February 2019

NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMR') AND PERSONS CLOSELY ASSOCIATED WITH THEM.

Smith & Nephew plc (the "Company") announces that it has been informed of changes to the share interests of PDMRs in the Company, detailed below, following completion of the related performance periods.

Smith & Nephew Global Share Plan 2010 (Performance Share Awards):

Name of PDMR	Number of ordinary shares under award granted on 07/03/2016 (shown at maximum)	Number of ordinary shares lapsed under award (shown at maximum)
Rodrigo Bianchi	46,754	25,014
Bradley Cannon	28,302	15,142
Massimiliano Colella	19,706	10,543
Phil Cowdy	16,570	8,865
Elga Lohler	25,676	13,737
Cathy O'Rourke	13,242	7,085
Susan Swabey	11,794	6,310
Glenn Warner	38,724	20,718

Notes:

(i)      Following completion of the performance measurement period, 93% of the target awards made on 7 March 2016 vested.

(ii)     At maximum, 53.5% of awards have lapsed and the remaining 46.5% of awards will vest and subject to continued employment, will be settled on 7 March 2019 being the third anniversary of the awards.  

This announcement is made in accordance with the requirements of Article 19 (3) of the Market Abuse Regulation.

Susan Swabey

Company Secretary

Smith & Nephew plc

Tel:  [phone]

 

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