2nd Apr 2012 16:13
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL REPONSIBILITY AND CONNECTED PERSONS
SMITH & NEPHEW PLC
2 April 2012
Smith & Nephew plc (the "Company") announces that it has today received notification of the following transaction by a person discharging managerial responsibilities ("PDMR").
Name of director/PDMR:
| Olivier Bohuon |
Share Award: | Restricted Share Award
|
Number of ordinary shares vested: | 66,667
|
No. of ordinary shares disposed: | 29,992 (ii)
|
Total holding of ordinary shares following notification:
|
36,675 |
Notes
i) The award was granted on 1 April 2011. One third of the award vested on 1 April 2012, a further third will vest on 1 April 2013 and the final third will vest on 1 April 2014.
ii) These shares were sold to settle the income tax liability which arose on vesting. The market value of the shares acquired and sold on 2 April 2012 was 633.5001p per share.
iii) The transactions took place in London, UK.
iv) The total percentage holding following notification is less than 0.1%.
v) This announcement is made in accordance with the requirements of DTR 3.1.4 R(1)(a)
Gemma Parsons
Deputy Company Secretary
Smith & Nephew plc
Tel: 020 7401 7646
Related Shares:
Smith & Nephew