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
 
May 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 May 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 May 2020 the following awards of US$0.20 ordinary shares (the "Shares") in Smith & Nephew plc (the "Company") were granted under the Smith & Nephew Global Share Plan 2020. The Awards have been made in London and are based on the closing Share price on the London Stock Exchange on 20 May 2020 of £16.6150.
 
1.       PERFORMANCE SHARE AWARDS GRANTED UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2020
 
There are performance conditions attached to the vesting of performance share awards. These awards will vest on or before 21 May 2023, subject to the achievement of the performance conditions which are measured from 1 January 2020 to 31 December 2022. The number of shares subject to the above awards are shown at target vesting. Should maximum vesting be achieved, participants will receive 2x the number of shares shown below. Participants 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, 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
Performance Share Awards granted at target on 21 May 2020 under the Smith & Nephew Global Share Plan 2020.
Date of Transaction
2020 - 05 -- 21
Place of Transaction
London Stock Exchange (XLON)
 
Name
 
Director / PDMR
 
Price (£)
 
Volume
 
Aggregated information
 
Bradley Cannon
 
PDMR
16.6150
 
14,812
 
N/A Single Transaction
 
Phil Cowdy
 
PDMR
16.6150
9,930
 
N/A Single Transaction
 
Roland Diggelmann
 
Chief Executive Officer
16.6150
96,536
 
N/A Single Transaction
 
Myra Eskes
 
PDMR
16.6150
14,696
 
N/A Single Transaction
 
Simon Fraser
 
PDMR
16.6150
12,814
 
N/A Single Transaction
 
Mark Gladwell
 
PDMR
16.6150
13,241
 
N/A Single Transaction
 
Melissa Guerdan
 
PDMR
16.6150
12,226
 
N/A Single Transaction
 
Skip Kiil
 
PDMR
16.6150
18,345
 
N/A Single Transaction
 
Elga Lohler
 
PDMR
16.6150
13,236
 
N/A Single Transaction
 
Ian Melling
 
PDMR
16.6150
4,867
 
N/A Single Transaction
 
Catheryn O'Rourke
 
PDMR
16.6150
12,868
 
N/A Single Transaction
 
Vasant Padmanabhan
 
PDMR
16.6150
12,819
 
N/A Single Transaction
 
Susan Swabey
 
PDMR
16.6150
4,413
 
N/A Single Transaction
 
 
 
2.       PHIL COWDY - SALE OF ORDINARY SHARES
 
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
Sale of ordinary shares.
Date of Transaction
2020 - 05 -- 20
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 *
 
Phil Cowdy
 
PDMR
16.261706
 
4,750
 
N/A Single Transaction
 
31,048.19816
 
0.00351%
 
 
* including those held by Persons Closely Associated with the Director/PDMR. All figures in these columns are stated to 5 decimal places where applicable.
 
3.       CONDITIONAL SHARE AWARDS GRANTED UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2020
 
The award will vest on the 30 June 2021 subject to continued achievement of objectives and employment.
 
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
Conditional Share Award granted on 21 May 2020 under the Smith & Nephew Global Share Plan 2020.
Date of Transaction
2020 - 05 -- 21
Place of Transaction
London Stock Exchange (XLON)
 
Name
 
Director / PDMR
 
Price (£)
 
Volume
 
Aggregated information
 
Ian Melling
 
PDMR
16.6150
 
13,120
 
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: May 22, 2020
 
 
By: /s/ Susan Swabey
-----------------
                                                                                                                              Susan Swabey
                                                                                                                      Company Secretary