Smith & Nephew PLC 6-K, filed May 17, 2022
Smith & Nephew PLC (SNN)
6-K
2022-05-17
For: 2022-05-17
View Original
Added on
April 07, 2026
About this 6-K
Smith & Nephew PLC filed this 6-K on May 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
May 17, 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
17 May 2022
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.
VESTING OF A CONDITIONAL AWARD GRANTED
UNDER AN AWARD AGREEMENT DATED 29 APRIL 2022
On 15 May 2022, the Conditional Award of US$0.20 ordinary shares
(the "Shares") in Smith & Nephew plc (the "Company") vested
over 26,529 Shares. The resultant Shares post-vest were sold on 16
May 2022, being the next available business date. Proceeds from the
sale of sufficient Shares were utilised to satisfy the taxes
due. As
previously announced, the Conditional Award formed part of buy-out
awards granted in respect of outstanding incentives Deepak Nath
forfeited upon leaving his former company.
|
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
|
Vesting
of a Conditional Award and subsequent sale of all
Shares.
|
|
Date of
Transaction
|
2022 -
05 - 16
|
|
Place
of Transaction
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London
Stock Exchange (XLON)
|
|
Name
(Position)
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Status
|
Price (£)
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Volume
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Aggregated information
|
Total Ordinary Share Holding following the transaction
*
|
Total Ordinary Share Holding as a % of the Company's ISC following
the transaction *
|
|
Deepak
Nath
(Chief
Executive Officer)
|
Director
|
12.780114
|
26,529
(of which 26,529 were sold and 0 retained)
|
N/A
Single Transaction
|
0.00000
ordinary shares
|
0.00000%
|
* 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: May
17, 2022
By: /s/
Helen Barraclough
-----------------
Helen
Barraclough
Company
Secretary