Last checked at 6 Aug 2012 17:10
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL REPONSIBILITY AND CONNECTED PERSONS
SMITH & NEPHEW PLC
06 August 2012
Smith & Nephew plc announces that it has today been informed of the following transactions by a person discharging managerial responsibilities ("PDMR") following the vesting of a conditional share award under the Smith & Nephew Global Share Plan 2010 (the "Plan").
Name of PDMR | Number of ordinary shares acquired under vesting (i) | Number of ordinary shares disposed | Total holding of ordinary shares following this notification |
Helen Maye
| 20,000 | 10,437 | 9,563 |
Notes:
(i) The conditional share award was granted under the Plan on 05 August 2011. One third of the award vested on 05 August 2012, a further third will vest on 05 August 2013 and the final third will vest on 05 August 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 06 April 2012 was 673.0962p per share.
(iii) The ordinary shares were released in London, UK.
(iv) The percentages of issued share capital acquired, disposed and held following the notification are all under 0.01% of the total issued share capital of the Company.
This announcement is made in accordance with the requirements of DTR 3.1.4 (1) (a).
Gemma Parsons
Deputy Company Secretary
Smith & Nephew plc
Tel: 020 7401 7646