Smith & Nephew PLC 6-K, filed Aug 17, 2022
Smith & Nephew PLC (SNN)
6-K
2022-08-17
For: 2022-08-17
View Original
Added on
April 07, 2026
About this 6-K
Smith & Nephew PLC filed this 6-K on August 17, 2022.
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of
1934
August 16, 2022
Commission
File Number 001-14978
SMITH & NEPHEW plc
(Registrant's
name)
Building 5, Croxley Park,
Hatters Lane, Watford, Hertfordshire, WD18 8YE,
England
(Address
of registrant's principal executive offices)
[Indicate
by check mark whether the registrant files or will file
annual
reports
under cover Form 20-F or Form 40-F.]
Form
20-F
X
Form 40-F
---
---
[Indicate
by check mark if the registrant is submitting the Form 6-K
in
paper
as permitted by Regulation S-T Rule 101(b)(1).]
Yes
No X
---
---
[Indicate
by check mark if the registrant is submitting the Form 6-K
in
paper
as permitted by Regulation S-T Rule 101(b)(7).]
Yes
No X
---
---
[Indicate
by check mark whether by furnishing the information
contained
in this
Form, the registrant is also thereby furnishing information to
the
Commission
pursuant to Rule 12g3-2 (b) under the Securities Exchange Act
of
1934.]
Yes
No X
---
---
If
"Yes" is marked, indicate below the file number assigned to
the
registrant
in connection with Rule 12g3-2 (b) : 82- n/a.
SMITH & NEPHEW PLC
16 August 2022
NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE
REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM.
1. VESTING OF SHARE AWARDS UNDER THE GLOBAL SHARE PLAN
2010 AND 2020
On 15 August 2022, the following awards of US$0.20 ordinary shares
(the "Shares") in Smith & Nephew plc (the "Company") vested
under the Smith & Nephew Global Share Plan 2010 &
2020.
i. FINAL VESTING
ON 15 AUGUST 2022 OF CONDITIONAL SHARE AWARDS MADE UNDER THE GLOBAL
SHARE PLAN 2010:
The awards were granted under the Global Share Plan 2010 on 15
August 2019. One third of the shares vested on 15 August 2020, a
further third vested on 15 August 2021 and the final third vested
on 15 August 2022. A number of Shares were sold to cover taxation
obligations arising on the vesting of the awards.
The following relates to individual included in the below
notification:
|
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
|
Final
vesting of a Conditional Share Award granted on 15 August 2019
under the Smith & Nephew Global Share Plan 2010.
|
|
Date of
Transaction
|
2022 -
08 - 15
|
|
Place
of Transaction
|
London
Stock Exchange (XLON)
|
|
Name
(Position)
|
Status
|
Price (£)
|
Volume
|
Aggregated information
|
Total Ordinary Share Holding following the transaction
*
|
Total Ordinary Share Holding as a % of the Company's ISC following
the transaction *
|
|
Alison
Parkes
(Chief
Compliance Officer)
|
PDMR
|
10.558686
|
823 (of
which 202 were sold and 621 retained)
|
N/A
Single Transaction
|
2,425.32487
ordinary shares (including
712.66244 in ADS')
|
0.00028%
|
* including those held by Persons Closely Associated with the
Director/PDMR. All figures in these columns are stated to 5 decimal
places where applicable.
ii. PARTIAL VESTING
ON 15 AUGUST 2022 OF CONDITIONAL SHARE AWARDS MADE UNDER THE GLOBAL
SHARE PLAN 2020:
The awards were granted under the Global Share Plan 2020 on 13
August 2020. One third of the shares vested on 13 August 2021, a
further third vested on 13 August 2022 and the final third will
vest on 13 August 2023. A number of Shares were sold to cover
taxation obligations arising on the vesting of the
awards.
The following relates to individuals included in the below
notification:
|
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
|
Partial
vesting of a Conditional Share Award granted on 13 August 2020
under the Smith & Nephew Global Share Plan 2020.
|
|
Date of
Transaction
|
2022 -
08 - 15
|
|
Place
of Transaction
|
London
Stock Exchange (XLON)
|
|
Name
(Position)
|
Status
|
Price (£)
|
Volume
|
Aggregated information
|
Total Ordinary Share Holding following the transaction
*
|
Total Ordinary Share Holding as a % of the Company's ISC following
the transaction *
|
|
Alison
Parkes
(Chief
Compliance Officer)
|
PDMR
|
10.558686
|
819 (of
which 200 were sold and 619 retained)
|
N/A
Single Transaction
|
3,044.32487
ordinary shares (including
712.66244 in ADS')
|
0.00035%
|
* including those held by Persons Closely Associated with the
Director/PDMR. All figures in these columns are stated to 5 decimal
places where applicable.
iii. PARTIAL VESTING
ON 15 AUGUST 2022 OF CONDITIONAL SHARE AWARDS MADE UNDER THE GLOBAL
SHARE PLAN 2020:
The awards were granted under the Global Share Plan 2020 on 13
August 2021. One third of the shares vested on 13 August 2022, a
further third will vest on 13 August 2023 and the final third will
vest on 13 August 2024. A number of Shares were sold to cover
taxation obligations arising on the vesting of the
awards.
The following relates to individuals included in the below
notification:
|
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
|
Partial
vesting of a Conditional Share Award granted on 13 August 2021
under the Smith & Nephew Global Share Plan 2020.
|
|
Date of
Transaction
|
2022 -
08 - 15
|
|
Place
of Transaction
|
London
Stock Exchange (XLON)
|
|
Name
(Position)
|
Status
|
Price (£)
|
Volume
|
Aggregated information
|
Total Ordinary Share Holding following the transaction
*
|
Total Ordinary Share Holding as a % of the Company's ISC following
the transaction *
|
|
Alison
Parkes
(Chief
Compliance Officer)
|
PDMR
|
10.558686
|
1,219
(of which 298 were sold and 921 retained)
|
N/A
Single Transaction
|
3,965.32487
ordinary shares (including
712.66244 in ADS')
|
0.00045%
|
* including those held by Persons Closely Associated with the
Director/PDMR. All figures in these columns are stated to 5 decimal
places where applicable.
Sarah Carne
Deputy Company Secretary
Smith & Nephew plc
Tel: +44 (0)1923 477100
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
Smith
& Nephew Plc
(Registrant)
Date: August
16, 2022
By: /s/
Helen Barraclough
-----------------
Helen
Barraclough
Company
Secretary