3rd Mar 2014 18:42
LONDON (Alliance News) - Smith & Nephew PLC said that Senior Vice President of Global Planning and Development R Gordon Howe had exercised options over a number of shares and subsequently sold all of the shares at a price of 928.5 pence.
First, he exercised options over 13,950 shares at 574.5 pence each, 7,186 shares at 533 pence each, 12,918 shares at 514 pence per share, 9,789 shares at 626.5 pence, all under the 2004 Executive Share Option Plan.
Then he exercised options over 31,633 shares at 622 pence per share and 48,606 shares at 479 pence per share under the 2001 US Share Option Plan.
Finally, he exercised options at 47,413 shares at 538 pence per share and 28,294 shares at 599 pence per share under the Global Share Plan 2010.
Following these transactions Howe holds 74,170 shares in the company.
Shares in Smith & Nephew closed down 1.8% at 934.59 pence Monday.]
By Hana Stewart-Smith; [email protected]; @hanassallnews
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