London, UK -- (MARKET WIRE) -- February 16, 2007 --
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required
by DR 3.1.4R(1).
(1) An issuer making a notification in respect of a transaction relating
to the shares or debentures of the issuer should complete boxes 1 to
16, 23 and 24.
(2) An issuer making a notification in respect of a derivative relating
the shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14,
16, 23 and 24.
(3) An issuer making a notification in respect of options granted to a
director/person discharging managerial responsibilities should
complete boxes 1 to 3 and 17 to 24.
(4) An issuer making a notification in respect of a financial instrument
relating to the shares of the issuer (other than a debenture) should
complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
Please complete all relevant boxes should in block capital letters.
1. Name of the issuer
Smith & Nephew plc
2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.4R(1)(a); or
(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as
extended by section 328) of the Companies Act 1985; or
(iii) both (i) and (ii)
both (i) and (ii).
3. Name of person discharging managerial responsibilities/director
Mr. David Illingworth
4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person
N/A....................................
5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest
....................................
6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares
....................................
7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them
....................................
8 State the nature of the transaction
....................................
....................................
9. Number of shares, debentures or financial instruments relating to shares
acquired
....................................
10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)
....................................
11. Number of shares, debentures or financial instruments relating to shares
disposed
....................................
12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)
....................................
13. Price per share or value of transaction
....................................
14. Date and place of transaction
....................................
15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)
....................................
16. Date issuer informed of transaction
....................................
If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes
17. Date of grant
15 February 2007
18. Period during which or date on which it can be exercised
16 August 2007 - 31 December 2014
19. Total amount paid (if any) for grant of the option
20. Description of shares or debentures involved (class and number)
50,000 Ordinary Shares of US 20 cents each
21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at the time of exercise
627.75 pence
22. Total number of shares or debentures over which options held following
notification
314,515
23. Any additional information
Tranches of 50,000 options granted on 15 February 2006 and 50,000 options
granted on 15 August 2006 lapsed due to non-attainment of performance
conditions.
Vesting of options granted on 15 February 2007 are subject to performance
conditions being attained.
24. Name of contact and telephone number for queries
Phil Higgins 0207 960 2228
Name and signature of duly authorised officer of issuer responsible for making
notification
Phil Higgins Assistant Company Secretary
Date of notification
16 February 2007
END
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