5th Feb 2015 15:13
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL REPONSIBILITY AND CONNECTED PERSONS
SMITH & NEPHEW PLC
5 February 2015
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:
| Julie Brown |
Share Award: | Share Award Agreement
|
Number of Ordinary Shares vested: | 25,000
|
No. of Ordinary Shares sold to cover taxes: | 11,789 |
Total holding of Ordinary Shares following notification:
| 38,211 |
Notes
i) The award was granted on 7 March 2013. One third of the award vested on 4 February 2014. A further third vested on 4 February 2015 and the final third will vest on 4 February 2016, subject to continued employment.
ii) No consideration is payable for the acquisition of the shares.
iii) The market value of the Ordinary Shares acquired and sold on 5 February 2015 was 1181p per Ordinary Share.
iv) The transaction took place in London, UK.
v) The total percentage holding following notification is less than 0.1%.
vi) This announcement is made in accordance with the requirements of DTR 3.1.4 R(1)(a)
Vickie Grady
Deputy Company Secretary
Smith & Nephew plc
Tel: 020 7401 7646
Related Shares:
Smith & Nephew