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 21, 2023
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.
Director/PDMR Shareholding
SMITH & NEPHEW PLC
21 February 2023
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 2020 (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 Performance Share Awards granted on 21 May 2020 under the Smith & Nephew Global Share Plan 2020 |
| Date of Transaction | 2023 - 02 - 21 |
| Place of Transaction | Lapse took place outside a trading venue |
| | Number of ordinary shares under award granted on 21/05/2020 (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 & Company Secretary) | 10,982 | 10,982 | 0 |
Bradley Cannon (President Orthopaedics, Sports Medicine & ENT and Americas) | 29,624 | 29,624 | 0 |
Phil Cowdy (Chief Corporate Development & Corporate Affairs Officer) | 19,860 | 19,860 | 0 |
Myra Eskes (President APAC Region & Global Service) | 29,392 | 29,392 | 0 |
Simon Fraser (President Advanced Wound Management & Global Commercial Operations) | 25,628 | 25,628 | 0 |
Elga Lohler (Chief HR Officer) | 26,472 | 26,472 | 0 |
Vasant Padmanabhan (President Research & Development) | 25,638 | 25,638 | 0 |
Notes:
(i) Following completion of the performance measurement period, these awards lapsed in full on 21 February 2023.
(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 6 March 2023.
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 21, 2023
By: /s/ Helen Barraclough
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Helen Barraclough
Company Secretary
