Director/PDMR Shareholding - Replacement

RNS Number : 0913B
Smiths Group PLC
02 October 2015
 



2 OCTOBER 2015

SMITHS GROUP PLC (issuer)

DTR 3.1.4R(1)

NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY (PDMRs) PURSUANT TO DTR 3.1.4R(1)(a)

 

CORRECTION:

Smiths Group plc makes the following correction to its notification made on 1 October 2015 in relation to the vesting of conditional share awards.  Due to an administrative error that announcement incorrectly stated the individuals' total interests in shares (as defined below) in Column G.  Column G has been corrected as set out in this notification.  All other details remain unchanged.



VESTING OF CONDITIONAL SHARE AWARDS

On 30 September 2015 the conditional share awards granted on 19 October 2012 under the Smiths Group Long-Term Incentive Plan 2011 and its Divisional Long-Term Incentive Plans ('LTIP') partially vested in accordance with the LTIP rules.

 

On the same date, the matching share awards granted on 19 October 2012 under the Company's Co-Investment Plan ('CIP') vested in full in accordance with the CIP rules.

 

The PDMRs of the Company listed in Table 1 below received the number of Smiths Group plc ordinary shares of 37.5p ("shares") shown in Cols C and D of the table against their names, in satisfaction of the vesting of their respective awards under LTIP and CIP (where applicable).  The numbers of shares shown in Col. E of the table against their names were sold, over the two business days up to and including 30 September 2015, in order to finance the income tax and National Insurance contributions or social security charges that they have incurred as a result of their awards vesting.  The weighted average price per share at which these shares were sold was 999.6163p per share.  The net number of shares retained, after financing tax etc., is shown in Col F. and the individuals' resultant total interests in shares is shown in Col. G.

 

Table 1

Col. A

Col. B

Col. C

Col. D

Col. E

Col. F

Col. G

Name

Status

Shares acquired under LTIP

Shares acquired under CIP

Shares sold in market

Shares retained

Total interests in shares following all notifications

Mr S.C. Beesley

PDMR

1,383

5,255

3,127

3,511

61,631

Mr R.H.C. Carter

PDMR

1,374

4,921

2,965

3,330

32,795

Mr D. Gillis

PDMR

17,481


7,883

9,598

25,529

Mr M.H.C Herlihy

PDMR

7,380

25,667

15,564

17,483

80,224

Mr J.B.F. Jones

PDMR

4,997

12,503

8,242

9,258

55,020

Mr A. Lappin

PDMR

1,245

6,981

3,874

4,352

12,387

Mr T. Nolan

PDMR

5,285

23,096

13,366

15,015

63,877

Mr W.T. Smith

PDMR

19,693

30,899

25,347

25,245

201,077

 

Name of contact and telephone number for queries: MEL ROWLANDS (Company Secretary) - 020 7808 5561

Name of duly authorised officer of issuer responsible for making notification: MEL ROWLANDS

Date of notification:  2 OCTOBER 2015

 


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