LONDON--(Marketwire - August 28, 2009) -
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RIS Announcement -Award grant
Smith & Nephew Plc ("the Company")
Employee Share Plans - Announcement of transaction in ordinary shares
of USUSD0.20 each
The Company announces that on 27 August 2009 conditional awards were
made under the Company's 2004 Performance Share Plan, 2001 UK Approved
Share Option Plan and 2001 UK Unapproved Share Option Plan to persons
discharging managerial responsibility ("PDMR") as detailed in the
tables below. No consideration is payable for the awards.
PERFORMANCE SHARE PLAN ("PSP")
Total Number of
Shares over which
awards held under
Name PDMR Number of shares the PSP following
subject to award Notification
Nassem Amin PDMR 17,321 ordinary 17,321 ordinary shares
shares
2001 UK APPROVED SHARE OPTION AND 2001 UK UNAPPROVED SHARE PLANS
Share Number of Option Total Number of Shares
Option Ordinary shares Price over which Options held
Plan subject to following Notification
Name PDMR award
Nassem PDMR UK 5,859 ordinary 512p 23,094 ordinary shares
Amin Approved shares
Plan
UK 17,235 ordinary 512p
Unapproved shares
Plan
Notes:
1 There are performance conditions attached to the release of
the award under the Performance Share Plan, and the award will
vest, subject to the achievement of the performance
conditions which are measured from 1 January 2009 to 31 December
2011, on 27 August 2012.
2 The options granted under the UK Approved and Unapproved Share
Option Plans will vest three years from the award date, subject to
the attainment of the relevant performance conditions and will be
exercisable from 27 August 2012 to 26 August 2019.
3 The transaction took place in London, UK
4 This announcement is made following notifications under Disclosure
Rule 3.1.2.
Contact:
Gemma Parsons
Assistant Company Secretary
Telephone: 020 7401 7646
This information is provided by RNS
The company news service from the London Stock Exchange
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