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Smith & Nephew PLC 6-K, filed Dec 22, 2020

Smith & Nephew PLC (SNN)

6-K 2020-12-22 For: 2020-12-22
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Added on April 07, 2026

About this 6-K

Smith & Nephew PLC filed this 6-K on December 22, 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

December 22, 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

---                              ---

[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

22 December 2020

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 21 December 2020, the following award of US$0.20 ordinary shares (the "Shares") in Smith & Nephew plc (the "Company") was granted under the Smith & Nephew Global Share Plan 2020. The Award has been made in London and is based on the closing Share price on the London Stock Exchange on 12 August 2020 of £16.1150, which is the day prior to the date share awards were made to other participants.

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 21 December 2023, subject to the achievement of the performance conditions which are measured from 1 January 2020 to 31 December 2022 and were determined by the Remuneration Committee in February 2020. The participant will be required to hold the shares after tax, for a further period of two years to 21 December 2025. 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 /Amendment Initial notification
Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor
Name Smith & 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 each
Identification code ISIN: GB0009223206
Nature of the transaction Performance Share Award granted at target on 21 December 2020 under<br>the Smith & Nephew Global Share Plan 2020.
Date of Transaction 2020 - 12 - 21
Place of Transaction London Stock Exchange (XLON)
Name Director / PDMR Price (£) Volume Aggregated information
--- --- --- --- ---
Anne-Francoise Nesmes Chief Financial Officer 16.1150 21,363 N/A Single Transaction

Vickie Reuben

Deputy 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: December 22, 2020

By: /s/ Susan Swabey


Susan Swabey

Company Secretary