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
February 23, 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
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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
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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
23 February 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.
Smith & Nephew plc (the "Company") announces that it has been informed of changes to the share interests of PDMRs in the Company, detailed below, following completion of the related performance periods.
Smith & Nephew Global Share Plan 2010 (Performance Share 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 | Lapse of a Performance Share Award granted on 7 March 2019 under the Smith & Nephew Global Share Plan 2010 |
| Date of Transaction | 2022 - 02 - 22 |
| Place of Transaction | Lapse took place outside a trading venue |
Name of PDMR (Position) | Number of ordinary shares under award granted on 07/03/2019 (shown at maximum) | Number of ordinary shares lapsed under award (shown at maximum) | Number of ordinary shares outstanding under award (shown at maximum) |
Helen Barraclough (Group General Counsel) | 12,054 | 12,054 | 0 |
Bradley Cannon (President, Orthopaedics, Sports Medicine & ENT and Americas) | 30,784 | 30,784 | 0 |
Phil Cowdy (Chief Business Development & Corporate Affairs Officer) | 22,564 | 22,564 | 0 |
Simon Fraser (President, Advanced Wound Management & Global Commercial Operations) | 27,166 | 27,166 | 0 |
Elga Lohler (Chief HR Officer) | 26,722 | 26,722 | 0 |
Vasant Padmanabhan (President, Research & Development) | 26,382 | 26,382 | 0 |
Susan Swabey (Company Secretary) | 9,784 | 9,784 | 0 |
Notes:
(i)
Following completion of the performance measurement period, these awards lapsed in full on 22 February 2022.
(ii)
Details regarding the performance against targets as set at the grant date will be disclosed within the Annual Report which is to be published on 7 March 2022.
This announcement is made in accordance with the requirements of Article 19 (3) of the Market Abuse Regulation.
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: February 23, 2022
By: /s/ Susan Swabey
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Susan Swabey
Company Secretary
