Transaction in Own Shares

RNS Number : 2172T
Smith & Nephew Plc
15 November 2013
 



15 November 2013

Smith & Nephew plc (the "Company")

 

Transaction in Own Shares

 

The Company has today purchased 200,000 of its Ordinary Shares of US 20¢ each through JP Morgan Cazenove, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 11 April 2013.

 

The average price paid was 806.9206p per share.

 

The highest price paid was 808.50p per share and the lowest price paid was 805p per share.

 

The Company intends to hold these shares in Treasury.

 

The Company has also today transferred 35,496 Ordinary Shares of US 20¢ each out of Treasury to participants in the Smith & Nephew ShareSave Plan and the Smith & Nephew International ShareSave Plan as follows:

 

28,758 Ordinary Shares at an exercise price of 461p per share.

 

6,738 Ordinary Shares at an exercise price of 507p per share.

 

Following the above transactions, the Company holds 29,976,113 of its shares in Treasury. The Company's issued share capital, with one voting right per share consists of 895,212,262 Ordinary Shares of US20¢ each.  This is the figure which should be used by shareholders as the denominator when determining whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

This announcement is made in accordance with the requirements of LR 12.4.6 and LR 12.6.4.

 

Susan Swabey

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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