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 07, 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
7 February 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.
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):
Name of PDMR
|
Number of ordinary shares under award granted on 07/03/2017 (shown
at maximum)
|
Number of ordinary shares lapsed under award (shown at
maximum)
|
Graham
Baker
|
79,166
|
40,375
|
Bradley
Cannon
|
44,942
|
22,921
|
Phil
Cowdy
|
16,022
|
8,172
|
Elga
Lohler
|
25,612
|
13,063
|
Catheryn
O'Rourke
|
15,138
|
7,721
|
Vasant
Padmanabhan
|
32,996
|
16,828
|
Susan
Swabey
|
11,402
|
5,816
|
Notes:
(i) Following
completion of the performance measurement period, 98% of the target
awards made on 7 March 2017 vested.
(ii)
At maximum, 51% of awards have lapsed on 6 February 2020 and the
remaining 49% of awards will vest and subject to continued
employment, will be settled on 9 March 2020 being the first
business date after the third anniversary of the
awards.
This announcement is made in accordance with the requirements of
Article 19 (3) of the Market Abuse Regulation.
Vickie Reuben
Deputy Company Secretary
Smith & Nephew plc
Tel: 01923
477216
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
07, 2020
By: /s/
Susan Swabey
-----------------
Susan
Swabey
Company
Secretary