Smith & Nephew Plc Director/PDMR Shareholding
16 Agosto 2024 - 10:32AM
RNS Regulatory News
RNS Number : 7676A
Smith & Nephew Plc
16 August 2024
SMITH & NEPHEW PLC
16 August 2024
NOTIFICATION AND PUBLIC DISCLOSURE
IN ACCORDANCE WITH THE REQUIREMENTS OF THE MARKET ABUSE REGULATION
OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
("PDMR") AND PERSONS CLOSELY ASSOCIATED WITH THEM.
In accordance with the Directors'
Remuneration Policy 2024 (the "Policy"), the Company has granted
the following awards to Deepak Nath, CEO:
· An
increase in the number of shares awarded under the Performance
Share Programme ("PSP") 2024 of 27,520 USD 0.20 ordinary shares on
the same terms and conditions, including performance conditions, as
the PSP award granted on 8 March 2024.
· An RSP
award of 131,517 USD 0.20 ordinary shares which will normally vest
in three equal tranches over a three-year period, contingent on a
reasonable judgement underpin being met as determined by the
Remuneration Committee.
Further details of these awards are
set out below.
PSP
2024 - 2026 awards: In accordance
with the Policy, the Company has made a grant of an increased
level of Performance Share Plan awards shown in the table below
which will vest on 8 March 2027, subject to the achievement of the
performance conditions which are measured over the period 1 January
2024 to 31 December 2026. Participants will receive an additional
number of shares equivalent to the amount of dividend payable per
vested share during the relevant performance period.
|
Reason for the notification
|
|
Initial notification
/Amendment
|
Initial notification
|
|
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 financial instrument, type of instrument
|
Smith &
Nephew plc Ordinary Shares of USD 0.20 each
|
|
Identification code
|
ISIN: GB0009223206
|
|
Nature of the transaction
|
Performance Share Awards granted on
16 August 2024 under the Smith & Nephew Global Share Plan
2020.
|
|
Date of Transaction
|
2024 - 08 - 16
|
|
Place of Transaction
|
Grant took place outside a trading
venue
|
|
Name
(Position)
|
Status
|
Price (s)
|
Volume(s)*
|
Aggregated information
|
|
Deepak Nath
(Chief Executive Officer)
|
Director
|
£10.875
|
27,520
|
N/A Single Transaction
|
* The number of shares assuming a
maximum vesting is shown.
Restricted Share Plan 2024 awards: In accordance with the Policy, the Company has made a grant of
the awards shown in the table below which will vest in three equal
tranches on the first, second and third anniversary of the award,
contingent on a reasonable judgement underpin being met as
determined by the Remuneration Committee. Participants will receive
an additional number of shares equivalent to the amount of dividend
payable per vested share during the relevant vesting
period.
|
Reason for the notification
|
|
Initial notification
/Amendment
|
Initial notification
|
|
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 financial instrument, type of instrument
|
Smith &
Nephew plc Ordinary Shares of USD 0.20 each
|
|
Identification code
|
ISIN: GB0009223206
|
|
Nature of the transaction
|
Award granted on 16 August 2024
under the Smith & Nephew plc Restricted Share Plan
2024.
|
|
Date of Transaction
|
2024 - 08 - 16
|
|
Place of Transaction
|
Grant took place outside a trading
venue
|
|
Name
(Position)
|
Status
|
Price (s)*
|
Volume(s)
|
Aggregated information
|
|
Deepak Nath
(Chief Executive Officer)
|
Director
|
£11.7010
|
131,517
|
N/A Single Transaction
|
* The award share price has been
determined using the average closing share price over the period 1
August to 14 August 2024.
Helen Barraclough
Company Secretary
Smith & Nephew plc
Tel: +44 (0)1923 477100
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END
DSHFIFFTTAIRLIS
Grafico Azioni Smith & Nephew (LSE:SN.)
Storico
Da Ott 2024 a Nov 2024
Grafico Azioni Smith & Nephew (LSE:SN.)
Storico
Da Nov 2023 a Nov 2024
