sn201404016k2.htm
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
April 01, 2014
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.
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
SMITH & NEPHEW PLC
1 April 2014
Smith & Nephew plc (the "Company") announces that it has today received notification of the following transaction by a Director.
|
Name of Director
|
Olivier Bohuon
|
|
Share Award:
|
Conditional Share Award
|
|
Number of Ordinary Shares vested:
|
66,666
|
|
No. of Ordinary Shares disposed: (ii)
|
14,882
|
|
Total holding of Ordinary Shares following notification:
|
208,423
|
Notes
|
i) The award was granted over 200,000 Ordinary Shares on 1 April 2011. One third of the award vested on 1 April 2012, a further third vested on 1 April 2013 and the final third vested on 1 April 2014.
|
|
ii) These shares were sold to settle the income tax liability which arose on vesting. The market value of the shares acquired and sold on 1 April 2014 is 915.5p per share.
|
|
iii) No consideration is payable for the acquisition of the shares.
|
|
iv) The transaction took place in London, UK.
|
|
v) The total percentage holding following notification is less than 0.1%.
|
|
vi) This announcement is made in accordance with the requirements of DTR 3.1.4 R(1)(a)
|
Gemma Parsons
Deputy Company Secretary
Smith & Nephew plc
Tel: 020 7401 7646
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: April 01, 2014
By: /s/ Susan Swabey
-----------------
Susan Swabey
Company Secretary