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
 
March 08, 2018 
 
Commission File Number 001-14978




SMITH & NEPHEW plc
(Registrant's name)

 

15 Adam Street

London, England WC2N 6LA
(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
 
08 March 2018
 
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 7 March 2018 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 2010. The Awards have been made in London and are based on the closing Share price on the London Stock Exchange on 6 March 2018 of £12.91.
 
1.       PERFORMANCE SHARE AWARDS GRANTED UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2010
 
There are performance conditions attached to the vesting of performance share awards. These awards will vest on 7 March 2021, subject to the achievement of the performance conditions which are measured from 1 January 2018 to 31 December 2020. The numbers 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.
 
 
Name
 
Grant date
 
Director/Persons Discharging Managerial Responsibilities ('PDMR')
 
Number of shares subject to award shown at target vesting
 
Graham Baker
 
07.03.2018
 
Chief Financial Officer
 
37,529
 
Rodrigo Bianchi
 
07.03.2018
 
PDMR
 
25,159
 
Bradley Cannon
 
07.03.2018
 
PDMR
 
16,264
 
Elga Lohler
 
07.03.2018
 
PDMR
 
12,384
 
Cathy O'Rourke
 
07.03.2018
 
PDMR
 
12,274
 
Vasant Padmanabhan
 
07.03.2018
 
PDMR
 
13,947
 
Cyrille Petit
 
07.03.2018
 
PDMR
 
16,458
 
Matthew Stober
 
07.03.2018
 
PDMR
 
18,537
 
Glenn Warner
 
07.03.2018
 
PDMR
 
18,356
 
 
2.       EQUITY INCENTIVE AWARDS GRANTED UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2010
 
The awards will normally vest in equal annual tranches over three years following the award date subject to continued achievement of objectives and employment. In the event that objectives are not met in any of the three years, the portion of shares due to vest on the following anniversary will lapse. Participants will receive an additional number of shares equivalent to the amount of dividend payable per vested share during the relevant performance period.
 
Name
 
Grant date
 
Director/PDMR
 
Number of shares subject to award
 
Olivier Bohuon
 
07.03.2018
 
Chief Executive Officer
 
40,801
 
Graham Baker
 
07.03.2018
 
Chief Financial Officer
 
21,727
 
Rodrigo Bianchi
 
07.03.2018
PDMR
 
25,159
 
Bradley Cannon
 
07.03.2018
PDMR
 
14,785
 
Elga Lohler
 
07.03.2018
PDMR
 
12,384
 
Cathy O'Rourke
 
07.03.2018
PDMR
 
12,274
 
Vasant Padmanabhan
 
07.03.2018
PDMR
 
12,679
 
Cyrille Petit
 
07.03.2018
PDMR
 
16,458
 
Matthew Stober
 
07.03.2018
PDMR
 
18,537
 
Glenn Warner
 
07.03.2018
PDMR
 
16,687
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Olivier Bohuon
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Executive Officer
 
b)
 
Initial notification /Amendment
 
Initial Notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Smith & Nephew plc
 
b)
 
LEI
 
213800ZTMDN8S67S1H61
 
4
 
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
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Equity Incentive Awards granted on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
 
40,801
 
£526,740.91
 
Aggregated
 
 
Single Transaction
 N/A
 
 Single Transaction
 N/A
 
Single Transaction
 N/A
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Graham Baker
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Chief Financial Officer
 
b)
 
Initial notification /Amendment
 
Initial Notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Smith & Nephew plc
 
b)
 
LEI
 
213800ZTMDN8S67S1H61
 
4
 
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
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Performance Share Awards granted at target on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
37,529
£484,499.39
Aggregated
Single Transaction
 N/A
 Single Transaction
 N/A
Single Transaction
 N/A
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Equity Incentive Awards granted on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
21,727
£280,495.57
Aggregated
Single Transaction
 N/A
 Single Transaction
 N/A
Single Transaction
 N/A
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Rodrigo Bianchi
 
2
 
Reason for the notification
 
a)
 
Position/status
 
PDMR
 
b)
 
Initial notification /Amendment
 
Initial Notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Smith & Nephew plc
 
b)
 
LEI
 
213800ZTMDN8S67S1H61
 
4
 
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
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Performance Share Awards granted at target on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
 
25,159
 
£324,802.69
 
Aggregated
 
Single Transaction
 N/A
 
 Single Transaction
 N/A
 
Single Transaction
 N/A
 
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Equity Incentive Awards granted on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
 
25,159
 
£324,802.69
 
Aggregated
 
Single Transaction
 N/A
 
 Single Transaction
 N/A
 
Single Transaction
 N/A
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Bradley Cannon
 
2
 
Reason for the notification
 
a)
 
Position/status
 
PDMR
 
b)
 
Initial notification /Amendment
 
Initial Notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Smith & Nephew plc
 
b)
 
LEI
 
213800ZTMDN8S67S1H61
 
4
 
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
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Performance Share Awards granted at target on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
16,264
£209,968.24
Aggregated
Single Transaction
 N/A
 Single Transaction
 N/A
Single Transaction
 N/A
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Equity Incentive Awards granted on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
14,785
£190,874.35
Aggregated
Single Transaction
 N/A
 Single Transaction
 N/A
Single Transaction
 N/A
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Elga Lohler
 
2
 
Reason for the notification
 
a)
 
Position/status
 
PDMR
 
b)
 
Initial notification /Amendment
 
Initial Notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Smith & Nephew plc
 
b)
 
LEI
 
213800ZTMDN8S67S1H61
 
4
 
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
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Performance Share Awards granted at target on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
12,384
£159,877.44
Aggregated
Single Transaction
 N/A
 Single Transaction
 N/A
Single Transaction
 N/A
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Equity Incentive Awards granted on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
12,384
£159,877.44
Aggregated
Single Transaction
 N/A
 Single Transaction
 N/A
Single Transaction
 N/A
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Cathy O'Rourke
 
2
 
Reason for the notification
 
a)
 
Position/status
 
PDMR
 
b)
 
Initial notification /Amendment
 
Initial Notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Smith & Nephew plc
 
b)
 
LEI
 
213800ZTMDN8S67S1H61
 
4
 
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
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Performance Share Awards granted at target on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
 
12,274
 
£158,457.34
 
Aggregated
 
Single Transaction
 N/A
 
 Single Transaction
 N/A
 
Single Transaction
 N/A
 
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Equity Incentive Awards granted on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
 
12,274
 
£158,457.34
 
Aggregated
 
Single Transaction
 N/A
 
 Single Transaction
 N/A
 
Single Transaction
 N/A
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Vasant Padmanabhan
 
2
 
Reason for the notification
 
a)
 
Position/status
 
PDMR
 
b)
 
Initial notification /Amendment
 
Initial Notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Smith & Nephew plc
 
b)
 
LEI
 
213800ZTMDN8S67S1H61
 
4
 
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
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Performance Share Awards granted at target on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
 
13,947
 
£180,055.77
 
Aggregated
 
Single Transaction
 N/A
 
 Single Transaction
 N/A
 
Single Transaction
 N/A
 
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Equity Incentive Awards granted on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
 
12,679
 
£163,685.89
 
Aggregated
 
Single Transaction
 N/A
 
 Single Transaction
 N/A
 
Single Transaction
 N/A
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Cyrille Petit
 
2
 
Reason for the notification
 
a)
 
Position/status
 
PDMR
 
b)
 
Initial notification /Amendment
 
Initial Notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Smith & Nephew plc
 
b)
 
LEI
 
213800ZTMDN8S67S1H61
 
4
 
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
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Performance Share Awards granted at target on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
 
16,458
 
£212,472.78
 
Aggregated
 
Single Transaction
 N/A
 
 Single Transaction
 N/A
 
Single Transaction
 N/A
 
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Equity Incentive Awards granted on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
 
16,458
 
£212,472.78
 
Aggregated
 
Single Transaction
 N/A
 
 Single Transaction
 N/A
 
Single Transaction
 N/A
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Matthew Stober
 
2
 
Reason for the notification
 
a)
 
Position/status
 
PDMR
 
b)
 
Initial notification /Amendment
 
Initial Notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Smith & Nephew plc
 
b)
 
LEI
 
213800ZTMDN8S67S1H61
 
4
 
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
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Performance Share Awards granted at target on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
 
18,537
 
£239,312.67
 
Aggregated
 
Single Transaction
 N/A
 
 Single Transaction
 N/A
 
Single Transaction
 N/A
 
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Equity Incentive Awards granted on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
 
18,537
 
£239,312.67
 
Aggregated
 
Single Transaction
 N/A
 
 Single Transaction
 N/A
 
Single Transaction
 N/A
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Glenn Warner
 
2
 
Reason for the notification
 
a)
 
Position/status
 
PDMR
 
b)
 
Initial notification /Amendment
 
Initial Notification
 
3
 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
 
a)
 
Name
 
Smith & Nephew plc
 
b)
 
LEI
 
213800ZTMDN8S67S1H61
 
4
 
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
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Performance Share Awards granted at target on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
 
18,356
 
£236,975.96
 
Aggregated
 
Single Transaction
 N/A
 
 Single Transaction
 N/A
 
Single Transaction
 N/A
 
 
Date of Transaction
 
Financial Instrument
 
Identification Code
 
Place of Transaction
 
Currency
 
2018 - 03 - 07
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
Outside a trading venue
 
GBP - British Pound
 
Nature of Transaction:
Equity Incentive Awards granted on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£12.91
 
16,687
 
£215,429.17
 
Aggregated
 
Single Transaction
 N/A
 
 Single Transaction
 N/A
 
Single Transaction
 N/A
 
 
 
 
Susan Swabey
Company Secretary
Smith & Nephew plc
 
Tel:  01923 477317
 
 
 
 
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: March 08, 2018
 
 
By: /s/ Susan Swabey
-----------------
                                                                                                                              Susan Swabey
                                                                                                                      Company Secretary