Blueprint
 
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 12, 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
 
 
12 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 9 March 2018 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.
 
1. FINAL VESTING ON 9 MARCH 2018 OF 2015 EQUITY INCENTIVE AWARDS MADE UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2010:
 
The awards were granted under the Global Share Plan 2010 on 9 March 2015. One third of the shares vested on 9 March 2016, a further third vested on 9 March 2017 and the final third vested on 9 March 2018. A minimum number of Ordinary Shares were sold to cover taxation obligations arising on the vesting of the awards.  The number of shares acquired includes the dividend equivalent shares which participants receive on vested shares.
 
 
Name
 
Director/ Persons Discharging Managerial Responsibilities ("PDMR")
 
Number of Ordinary Shares acquired
 
Number of Ordinary Shares sold at £13.2565 per share
 
Shares Retained
 
Olivier Bohuon
 
Chief Executive Officer
 
13,497
 
6,367
 
7,130
 
Rodrigo Bianchi
 
PDMR
 
8,302
 
0
 
8,302
 
Bradley Cannon
 
PDMR
 
3,732
 
1,355
 
2,377
 
Elga Lohler
 
PDMR
 
3,145
 
1,354
 
1,791
 
Cathy O'Rourke
 
PDMR
 
2,617
 
914
 
1,703
 
Cyrille Petit
 
PDMR
 
5,725
 
2,701
 
3,024
 
Glenn Warner
 
PDMR
 
3,423
 
1,192
 
2,231
 
 
 
2. VESTING ON 9 MARCH 2018 OF 2015 PERFORMANCE SHARE AWARDS MADE UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2010: 
 
The awards were granted under the Global Share Plan 2010 on 9 March 2015 and as announced on 8 February 2018, vested at 54% of maximum and settled on 9 March 2018. A minimum number of Ordinary Shares were sold to cover taxation obligations arising on the vesting of the awards.  The number of shares acquired includes the dividend equivalent shares which participants receive on vested shares.
 
 
 
Name
 
Director/PDMR
 
Number of Ordinary Shares acquired
 
Number of Ordinary Shares sold at £13.2565 per share
 
Shares Retained
 
Olivier Bohuon
 
Chief Executive Officer
 
75,532
 
35,625
 
39,907
 
Rodrigo Bianchi
 
PDMR
 
22,759
 
0
 
22,759
 
Bradley Cannon
 
PDMR
 
10,744
 
3,899
 
6,845
 
Elga Lohler
 
PDMR
 
8,151
 
3,509
 
4,642
 
Cathy O'Rourke
 
PDMR
 
6,780
 
2,365
 
4,415
 
Cyrille Petit
 
PDMR
 
18,543
 
8,746
 
9,797
 
Glenn Warner
 
PDMR
 
19,010
 
6,611
 
12,399
 
 
 
 
 
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 - 09
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
London Stock Exchange
 
GBP - British Pound
 
Nature of Transaction:
Final vesting of Equity Incentive Awards granted on 9 March 2015 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£13.2565
 
13,497
 
£178,922.9805
 
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 - 09
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
London Stock Exchange
 
GBP - British Pound
 
Nature of Transaction:
Vesting of Smith & Nephew Global Share Plan 2010 Performance Share Awards granted on 9 March 2015
 
 
Price
 
Volume
 
Total
 
£13.2565
 
75,532
 
£1,001.289.9580
 
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 - 09
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
London Stock Exchange
 
GBP - British Pound
 
Nature of Transaction:
Final vesting of Equity Incentive Awards granted on 9 March 2015 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£13.2565
 
8,302
 
£110,055.4630
 
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 - 09
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
London Stock Exchange
 
GBP - British Pound
 
Nature of Transaction:
Vesting of Smith & Nephew Global Share Plan 2010 Performance Share Awards granted on 9 March 2015
 
 
Price
 
Volume
 
Total
 
£13.2565
 
22,759
 
£301,704.6835
 
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 - 09
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
London Stock Exchange
 
GBP - British Pound
 
Nature of Transaction:
Final vesting of Equity Incentive Awards granted on 9 March 2015 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£13.2565
 
3,732
 
£49,473.2580
 
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 - 09
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
London Stock Exchange
 
GBP - British Pound
 
Nature of Transaction:
Vesting of Smith & Nephew Global Share Plan 2010 Performance Share Awards granted on 9 March 2015
 
 
Price
 
Volume
 
Total
 
£13.2565
 
10,744
 
£142,427.8360
 
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 - 09
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
London Stock Exchange
 
GBP - British Pound
 
Nature of Transaction:
Final vesting of Equity Incentive Awards granted on 9 March 2015 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£13.2565
 
3,145
 
£41,691.6925
 
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 - 09
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
London Stock Exchange
 
GBP - British Pound
 
Nature of Transaction:
Vesting of Smith & Nephew Global Share Plan 2010 Performance Share Awards granted on 9 March 2015
 
 
Price
 
Volume
 
Total
 
£13.2565
 
8,151
 
£108,053.7315
 
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 - 09
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
London Stock Exchange
 
GBP - British Pound
 
Nature of Transaction:
Final vesting of Equity Incentive Awards granted on 9 March 2015 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£13.2565
 
2,617
 
£34,692.2605
 
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 - 09
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
London Stock Exchange
 
GBP - British Pound
 
Nature of Transaction:
Vesting of Smith & Nephew Global Share Plan 2010 Performance Share Awards granted on 9 March 2015
 
 
Price
 
Volume
 
Total
 
£13.2565
 
6,780
 
£89,879.0700
 
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 - 09
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
London Stock Exchange
 
GBP - British Pound
 
Nature of Transaction:
Final vesting of Equity Incentive Awards granted on 9 March 2015 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£13.2565
 
5,725
 
£75,893.4625
 
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 - 09
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
London Stock Exchange
 
GBP - British Pound
 
Nature of Transaction:
Vesting of Smith & Nephew Global Share Plan 2010 Performance Share Awards granted on 9 March 2015
 
 
Price
 
Volume
 
Total
 
£13.2565
 
18,543
 
£245,815.2795
 
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 - 09
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
London Stock Exchange
 
GBP - British Pound
 
Nature of Transaction:
Final vesting of Equity Incentive Awards granted on 9 March 2015 under the Smith & Nephew Global Share Plan 2010
 
 
Price
 
Volume
 
Total
 
£13.2565
 
3,423
 
£45,376.9995
 
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 - 09
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
ISIN: GB0009223206
 
London Stock Exchange
 
GBP - British Pound
 
Nature of Transaction:
Vesting of Smith & Nephew Global Share Plan 2010 Performance Share Awards granted on 9 March 2015
 
 
Price
 
Volume
 
Total
 
£13.2565
 
19,010
 
£252,006.0650
 
Aggregated
 
Single Transaction
 N/A
 
Single Transaction
 N/A
 
Single Transaction
 N/A
 
 
 
 
 
 
 
Vickie Reuben
Deputy Company Secretary
Smith & Nephew plc
 
Tel:  01923 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: March 12, 2018
 
 
By: /s/ Susan Swabey
-----------------
                                                                                                                              Susan Swabey
                                                                                                                      Company Secretary