a6119w
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 19, 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
19 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 15 August 2020, the following awards of US$0.20 ordinary shares
(the "Shares") in Smith & Nephew plc (the "Company") vested
under the Smith & Nephew Global Share Plan 2010.
PARTIAL VESTING ON 15 AUGUST 2020 OF CONDITIONAL SHARE AWARDS MADE
UNDER THE GLOBAL SHARE PLAN 2010:
The awards were granted under the Global Share Plan 2010 on 15
August 2018. One third of the shares vested on 15 August 2019, a
further third vested on 15 August 2020 and the final third will
vest on 15 August 2021. A number of Shares were sold to cover
taxation obligations arising on the vesting of the
awards.
The following relates to all individuals included in this
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
|
Partial
vesting of a Conditional Share Award granted on 15 August 2018
under the Smith & Nephew Global Share Plan 2010.
|
Date of
Transaction
|
2020 -
08 - 18
|
Place
of Transaction
|
London
Stock Exchange (XLON)
|
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
transaction *
|
Mark
Gladwell
|
PDMR
|
15.3897
|
9,774
(of which 4,610 were sold and 5,164 retained)
|
N/A
Single Transaction
|
11,590.64119
ordinary shares
|
0.00131%
|
Melissa
Guerdan
|
PDMR
|
15.3897
|
3,840
(of which 1,157 were sold and 2,683 retained)
|
N/A
Single Transaction
|
6,662.18425
ordinary shares
|
0.00075%
|
* including those held by Persons Closely Associated with the
Director/PDMR. All figures in these columns are stated to 5 decimal
places where applicable.
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: August
19, 2020
By: /s/
Susan Swabey
-----------------
Susan
Swabey
Company
Secretary