Smith & Nephew PLC 6-K, filed Aug 25, 2020
Smith & Nephew PLC (SNN)
About this 6-K
Smith & Nephew PLC filed this 6-K on August 25, 2020.
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 25, 2020
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
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[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
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[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
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[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
25 August 2020
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.
On 24 August 2020 the following ordinary shares of US$0.20 and American Depository Receipts (ADR) (the "Shares") in Smith & Nephew plc (the "Company") were purchased in line with Smith & Nephew plc's Remuneration Policy to pay part of its Non-Executive Directors' fees in Shares. These Shares were purchased net of tax and expenses. One ADR represents two ordinary shares.
The following relates to Virginia Bottomley, Erik Engstrom, Robin Freestone, Rick Medlock, Roberto Quarta and Angie Risley included in this notification:
| Reason for the notification | |
|---|---|
| Initial<br>notification /Amendment | Initial<br>notification |
| Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | |
| Name | Smith<br>& Nephew plc |
| LEI | 213800ZTMDN8S67S1H61 |
| Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | |
| Description<br>of the financial instrument, type of instrument | Smith<br>& Nephew plc ordinary shares of USD 0.20<br>each |
| Identification<br>code | ISIN:<br>GB0009223206 |
| Nature<br>of the transaction | Share<br>purchase in lieu of part of annual fees |
| Date of<br>Transaction | 2020 -<br>08 - 24 |
| Place<br>of Transaction | London<br>Stock Exchange (XLON) |
The following relates to Vinita Bali, Marc Owen and Bob White, included in this notification:
| Reason for the notification | ||||||
|---|---|---|---|---|---|---|
| Initial<br>notification /Amendment | Initial<br>notification | |||||
| Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||||||
| Name | Smith<br>& Nephew plc | |||||
| LEI | 213800ZTMDN8S67S1H61 | |||||
| Details of the transaction(s): section to be repeated for (i) each<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | ||||||
| Description<br>of the financial instrument, type of instrument | Smith<br>& Nephew plc SPON ADR American Depositary<br>Shares | |||||
| Identification<br>code | ISIN:<br>US83175M2052 | |||||
| Nature<br>of the transaction | Share<br>purchase in lieu of part of annual fees | |||||
| Date of<br>Transaction | 2020 -<br>08 - 24 | |||||
| Place<br>of Transaction | New<br>York Stock Exchange (XNYS) | |||||
| Name | Director / PDMR | Price | Volume | Aggregated information | Total Share Holding following the transaction * | Total Share Holding as a % of the Company's ISC following the<br>transaction * |
| --- | --- | --- | --- | --- | --- | --- |
| Roberto<br>Quarta | Chair | £15.15 | 3,890 ordinary shares | N/A Single Transaction | 63,319 ordinary shares (including 12,000 ADRs) | 0.00716% |
| Virginia<br>Bottomley | Non-Executive<br>Director | £15.15 | 258 ordinary shares | N/A Single Transaction | 19,530 ordinary shares | 0.00221% |
| Erik<br>Engstrom | Non-Executive<br>Director | £15.15 | 227 ordinary shares | N/A Single Transaction | 16,200 ordinary shares | 0.00183% |
| Robin<br>Freestone | Non-Executive<br>Director | £15.15 | 227 ordinary shares | N/A Single Transaction | 16,178 ordinary shares | 0.00183% |
| Rick<br>Medlock | Non-Executive<br>Director | £15.15 | 249 ordinary shares | N/A Single Transaction | 249 ordinary shares | 0.00003% |
| Angie<br>Risley | Non-Executive<br>Director | £15.15 | 228 ordinary shares | N/A Single Transaction | 4,769 ordinary shares | 0.00054% |
| Vinita<br>Bali | Non-Executive<br>Director | $39.99 | 139 ADRs | N/A Single Transaction | 7,672 ordinary shares | 0.00087% |
| Marc<br>Owen | Non-Executive<br>Director | $39.99 | 139 ADRs | N/A Single Transaction | 7,786 ordinary shares | 0.00088% |
| Bob<br>White | Non-Executive<br>Director | $39.99 | 135 ADRs | N/A Single Transaction | 6,270 ordinary shares | 0.00071% |
* including those held by Persons Closely Associated with the Director/PDMR. All figures in these columns are stated to 5 decimal places where applicable.
Susan Swabey
Company Secretary
Smith & Nephew plc
Tel: +44 (0)1923 477410
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 25, 2020
By: /s/ Susan Swabey
Susan Swabey
Company Secretary