TIDMSN.

RNS Number : 2868S

Smith & Nephew Plc

12 November 2021

SMITH & NEPHEW PLC

12 November 2021

NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") AND PERSONS CLOSELY ASSOCIATED WITH THEM.

On 12 November 2021, the following awards of US$0.20 ordinary shares (the "Shares") in Smith & Nephew plc (the "Company") were granted under the Smith & Nephew Global Share Plan 2020. The awards have been made in London and are based on the closing Share price on the London Stock Exchange on 11 November 2021 of GBP13.055.

   1.       PERFORMANCE SHARE AWARD GRANTED UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2020 

There are performance conditions attached to the vesting of performance share awards. This award will vest on 12 November 2024, subject to the achievement of the performance conditions which are measured from 1 January 2021 to 31 December 2023 and were determined by the Remuneration Committee in April 2021. The number of shares subject to the above award is shown at target vesting. Should maximum vesting be achieved, the participant will receive 2x the number of shares shown below. The participant will receive an additional number of shares equivalent to the amount of dividend payable per vested share during the relevant performance period.

The following relates to all individuals included in this section:

 
 Reason for the notification 
 Initial notification        Initial notification 
  /Amendment 
                            ---------------------------------------------- 
 Details of the issuer, emission allowance market participant, 
  auction platform, auctioneer or auction monitor 
 Name                        Smith & Nephew plc 
                            ---------------------------------------------- 
 LEI                         213800ZTMDN8S67S1H61 
                            ---------------------------------------------- 
 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 
 Description of the          Smith & Nephew plc Ordinary Shares of USD 
  financial instrument,       0.20 each 
  type of instrument 
                            ---------------------------------------------- 
 Identification code         ISIN: GB0009223206 
                            ---------------------------------------------- 
 Nature of the transaction   Performance Share Awards granted at target 
                              on 12 November 2021 under the Smith & Nephew 
                              Global Share Plan 2020. 
                            ---------------------------------------------- 
 Date of Transaction         2021 - 11 - 12 
                            ---------------------------------------------- 
 Place of Transaction        Grant took place outside a trading venue 
                            ---------------------------------------------- 
 
 
                      Director 
 Name (Position)       / PDMR     Price (GBP)   Volume   Aggregated information 
 Mizanu Kebede 
  (Chief Quality 
  & Regulatory 
  Affairs Officer)    PDMR        13.055        8,840    N/A Single Transaction 
                     ----------  ------------  -------  ----------------------- 
 
   2.       CONDITIONAL SHARE AWARDS GRANTED UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2020: 

The awards will normally vest a third on the first anniversary of grant, a third on the second anniversary of grant and the final third will vest on the third anniversary of grant subject to continued achievement of objectives and employment.

The following relates to individuals included in the below notification:

 
 Reason for the notification 
 Initial notification        Initial notification 
  /Amendment 
                            ------------------------------------------ 
 Details of the issuer, emission allowance market participant, 
  auction platform, auctioneer or auction monitor 
 Name                        Smith & Nephew plc 
                            ------------------------------------------ 
 LEI                         213800ZTMDN8S67S1H61 
                            ------------------------------------------ 
 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 
 Description of the          Smith & Nephew plc Ordinary Shares of USD 
  financial instrument,       0.20 each 
  type of instrument 
                            ------------------------------------------ 
 Identification code         ISIN: GB0009223206 
                            ------------------------------------------ 
 Nature of the transaction   Conditional share awards granted on 12 
                              November 2021 under the Smith & Nephew 
                              Global Share Plan 2020. 
                            ------------------------------------------ 
 Date of Transaction         2021 - 11 - 12 
                            ------------------------------------------ 
 Place of Transaction        Grant took place outside a trading venue 
                            ------------------------------------------ 
 
 
                       Director 
 Name (Position)        / PDMR     Price (GBP)   Volume   Aggregated information 
 Paul Connolly 
  (President Global 
  Operations)          PDMR        13.055        30,869   N/A Single Transaction 
                      ----------  ------------  -------  ----------------------- 
 Mizanu Kebede 
  (Chief Quality 
  & Regulatory 
  Affairs Officer)     PDMR        13.055        15,148   N/A Single Transaction 
                      ----------  ------------  -------  ----------------------- 
 

Susan Swabey

Company Secretary

Smith & Nephew plc

Tel: +44 (0)1923 477410

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END

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November 12, 2021 11:30 ET (16:30 GMT)

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