17th Apr 2025 11:11
17 April 2025
SMITHS GROUP PLC
(the 'Company')
Directors' Shareholdings
On 17 April 2025, Roland Carter and Julian Fagge, both Executive Directors of Smiths Group plc, were granted share awards under the rules of the 2024 Smiths Group plc Long Term Incentive Plan ('Awards'), and in accordance with the Company's Directors' Remuneration Policy. The Awards were equivalent to 50% of salary for each Director and were granted as conditional share awards over ordinary shares in the Company.
To align Executive Director and shareholder interests and reflecting the strategic focus on unlocking shareholder value, the performance conditions for the Awards will be a relative TSR metric measured over three financial years beginning FY25. The metric will measure the Company's share price and dividend performance against a set peer group, being the FTSE100 (excluding Financial Services and Investment Trust companies). Threshold performance will be set at 25% vesting at the 60th percentile level, increasing on a straight-line basis to maximum vesting at the 90th percentile.
Name | Share Awards |
Roland Carter | 26,877 |
Julian Fagge | 17,353 |
The Notification of Transactions Form for each Director can be found below.
This notification is made in accordance with the requirements of the UK Market Abuse Regulation.
Investor Enquiries: Media Enquires
Steph Heathers, Smiths Group Tom Steiner, Smiths Group
+44 (0)7584 113633 +44 (0)7787 415 891
[email protected] [email protected]
Ana Pita da Veiga, Smiths Group
+44 (0)7386 689442
Matthew Whyte, Company Secretary
+44 (0) 7775 982 879
Smiths Group plc's LEI number is: 213800MJL6IPZS3ASA11
About Smiths Group
For over 170 years, Smiths Group has been pioneering progress by improving our world through smarter engineering.
We serve millions of people every year, to help create a safer, more efficient, and better-connected world, across four major global markets: Energy, General Industry, Safety & Security and Aerospace. Listed on the London Stock Exchange, Smiths employs more than 15,000 colleagues in over 50 countries. For more information visit www.smiths.com.
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||
a) | Name | Roland Carter
| ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Director/Chief Executive Officer | ||||||
b) | Initial notification /Amendment | Initial notification
| ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
a) | Name | Smiths Group plc
| ||||||
b) | LEI | 213800MJL6IPZS3ASA11
| ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary shares of 37.5p each in Smiths Group plc ("Ordinary Shares")
GB00B1WY2338
| ||||||
b)
| Nature of the transaction
| Grant of a conditional share award under the Smiths Group Long Term Incentive Plan ("LTIP")
| ||||||
c) | Price(s) and volume(s) |
| ||||||
d)
| Aggregated information - Aggregated volume - Price
| Not applicable
| ||||||
e) | Date of the transaction | 2025-04-17
| ||||||
f) | Place of the transaction | Outside a trading venue
| ||||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||||
a) | Name | Julian Fagge
| ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Director/Chief Financial Officer | ||||||
b) | Initial notification /Amendment | Initial notification
| ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
a) | Name | Smiths Group plc
| ||||||
b) | LEI | 213800MJL6IPZS3ASA11
| ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary shares of 37.5p each in Smiths Group plc ("Ordinary Shares")
GB00B1WY2338
| ||||||
b)
| Nature of the transaction
| Grant of a conditional share award under the Smiths Group Long Term Incentive Plan ("LTIP")
| ||||||
c) | Price(s) and volume(s) |
| ||||||
d)
| Aggregated information - Aggregated volume - Price
| Not applicable
| ||||||
e) | Date of the transaction | 2025-04-17
| ||||||
f) | Place of the transaction | Outside a trading venue
| ||||||
Related Shares:
Smiths Group