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 10, 2020 
 
Commission File Number 001-14978
SMITH & NEPHEW plc
(Registrant's name)
 
Building 5, Croxley Park,
Hatters Lane, Watford, Hertfordshire, WD18 8YE,
England
 
(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
 
10 March 2020
 
NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") AND PERSONS CLOSELY ASSOCIATED WITH THEM.
 
On 7 March 2020 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 7 MARCH 2020 OF 2017 EQUITY INCENTIVE AWARDS MADE UNDER THE GLOBAL SHARE PLAN 2010: 
 
The awards were granted under the Global Share Plan 2010 on 7 March 2017. One third of the Shares vested on 7 March 2018, a further third vested on 7 March 2019 and the final third vested on 7 March 2020. A number of 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.
 
The following relates to all individuals included in this notification:
 
Reason for the notification
Initial notification /Amendment
Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name
Smith & Nephew plc
LEI
213800ZTMDN8S67S1H61
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
Description of the financial instrument, type of instrument
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
Identification code
ISIN: GB0009223206
Nature of the transaction
Final vesting of Equity Incentive Awards granted on 7 March 2017 under the Smith & Nephew Global Share Plan 2010.
Date of Transaction
2020 - 03 - 09 
Place of Transaction
London Stock Exchange (XLON)
 
Name
Position / Status
Price (s)
Volume(s)
Aggregated information
Bradley Cannon
 
PDMR
£15.7622
6,581 (of which 2,831 were sold and 3,750 retained)
N/A Single Transaction
Phil Cowdy
 
PDMR
£15.7622
3,147 (of which 1,501 were sold and 1,646 retained)
N/A Single Transaction
Elga Lohler
 
PDMR
£15.7622
4,470 (of which 1,905 were sold and 2,565 retained)
N/A Single Transaction
Catheryn O'Rourke
 
PDMR
£15.7622
3,304 (of which 1,174 were sold and 2,130 retained)
N/A Single Transaction
Vasant Padmanabhan
 
PDMR
£15.7622
1,990 (of which 707 were sold and 1,283 retained)
N/A Single Transaction
Susan Swabey
 
PDMR
£15.7622
1,990 (of which 949 were sold and 1,041 retained)
N/A Single Transaction
 
 
2.  PARTIAL VESTING ON 9 MARCH 2020 OF 2018 EQUITY INCENTIVE AWARDS MADE UNDER THE GLOBAL SHARE PLAN 2010: 
 
The awards were granted under the Global Share Plan 2010 on 7 March 2018. One third of the Shares vested on 7 March 2019, a further third vested on 9 March 2020 and the final third will vest on 7 March 2021. A number of 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.
 
The following relates to all individuals included in this notification:
 
Reason for the notification
Initial notification /Amendment
Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name
Smith & Nephew plc
LEI
213800ZTMDN8S67S1H61
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
Description of the financial instrument, type of instrument
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
Identification code
ISIN: GB0009223206
Nature of the transaction
Partial vesting of Equity Incentive Awards granted on 7 March 2018 under the Smith & Nephew Global Share Plan 2010
Date of Transaction
2020 - 03 - 09 
Place of Transaction
London Stock Exchange (XLON)
 
Name
Position / Status
Price (s)
Volume(s)
Aggregated information
Graham Baker
 
Chief Executive Officer
£15.7622
7,478 (of which 3,565 were sold and 3,913 retained)
N/A Single Transaction
Bradley Cannon
 
PDMR
£15.7622
5,088 (of which 2,289 were sold and 2,799 retained)
N/A Single Transaction
Phil Cowdy
 
PDMR
£15.7622
2,999 (of which 1,429 were sold and 1,570 retained)
N/A Single Transaction
Elga Lohler
 
PDMR
£15.7622
4,262 (of which 1,748 were sold and 2,514 retained)
N/A Single Transaction
Catheryn O'Rourke
 
PDMR
£15.7622
4,224 (of which 1,500 were sold and 2,724 retained)
N/A Single Transaction
Vasant Padmanabhan
 
PDMR
£15.7622
4,363 (of which 1,549 were sold and 2,814 retained)
N/A Single Transaction
Susan Swabey
 
PDMR
£15.7622
1,878 (of which 896 were sold and 982 retained)
N/A Single Transaction
 
 
3.    PARTIAL VESTING ON 7 MARCH 2020 OF 2019 EQUITY INCENTIVE AWARDS MADE UNDER THE GLOBAL SHARE PLAN 2010: 
 
The awards were granted under the Global Share Plan 2010 on 7 March 2019. One third of the Shares vested on 7 March 2020, a further third will vest on 7 March 2021 and the final third will vest on 7 March 2022. A number of 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.
 
The following relates to all individuals included in this notification:
 
Reason for the notification
Initial notification /Amendment
Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name
Smith & Nephew plc
LEI
213800ZTMDN8S67S1H61
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
Description of the financial instrument, type of instrument
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
Identification code
ISIN: GB0009223206
Nature of the transaction
Partial vesting of Equity Incentive Awards granted on 7 March 2019 under the Smith & Nephew Global Share Plan 2010
Date of Transaction
2020 - 03 - 09 
Place of Transaction
London Stock Exchange (XLON)
 
Name
Position / Status
Price (s)
Volume(s)
Aggregated information
Graham Baker
 
Chief Executive Officer
£15.7622
6,147 (of which 2,926 were sold and 3,221 retained)
N/A Single Transaction
Bradley Cannon
 
PDMR
£15.7622
4,738 (of which 2,128 were sold and 2,610 retained)
N/A Single Transaction
Phil Cowdy
 
PDMR
£15.7622
2,363 (of which 1,124 were sold and 1,239 retained)
N/A Single Transaction
Mark Gladwell
 
PDMR
£15.7622
2,211 (of which 1,054 were sold and 1,157 retained)
N/A Single Transaction
Melissa Guerdan
 
PDMR
£15.7622
1,879 (of which 667 were sold and 1,212 retained)
N/A Single Transaction
Skip Kiil
 
PDMR
£15.7622
5,989 (of which 2,429 were sold and 3,560 retained)
N/A Single Transaction
Elga Lohler
 
PDMR
£15.7622
4,493 (of which 1,832 were sold and 2,661 retained)
N/A Single Transaction
Catheryn O'Rourke
 
PDMR
£15.7622
4,360 (of which 1,544 were sold and 2,816 retained)
N/A Single Transaction
Vasant Padmanabhan
 
PDMR
£15.7622
4,063 (of which 1,439 were sold and 2,624 retained)
N/A Single Transaction
Susan Swabey
 
PDMR
£15.7622
1,657 (of which 787 were sold and 870 retained)
N/A Single Transaction
 
 
4.    VESTING ON 7 MARCH 2020 OF 2017 PERFORMANCE SHARE AWARDS MADE UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2010: 
 
The awards were granted under the Global Share Plan 2010 on 7 March 2017 and as announced on 7 February 2020, vested at 49% of maximum and settled on 7 March 2020 being the third anniversary of the awards. A number of 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.
 
The following relates to all individuals included in this notification:
 
Reason for the notification
Initial notification /Amendment
Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name
Smith & Nephew plc
LEI
213800ZTMDN8S67S1H61
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
Description of the financial instrument, type of instrument
 
Smith & Nephew plc Ordinary Shares of USD 0.20 each
 
Identification code
ISIN: GB0009223206
Nature of the transaction
Vesting of Smith & Nephew Global Share Plan 2010 Performance Share Awards granted on 7 March 2017.
Date of Transaction
2020 - 03 - 09 
Place of Transaction
London Stock Exchange (XLON)
 
Name
Position / Status
Price (s)
Volume(s)
Aggregated information
Graham Baker
 
Chief Financial Officer
£15.7622
40,613 (of which 19,347 were sold and 21,266 retained)
N/A Single Transaction
Bradley Cannon
 
PDMR
£15.7622
23,055 (of which 9,913 were sold and 13,142 retained)
N/A Single Transaction
Phil Cowdy
 
PDMR
£15.7622
8,218 (of which 3,915 were sold and 4,303 retained)
N/A Single Transaction
Elga Lohler
 
PDMR
£15.7622
13,138 (of which 5,597 were sold and 7,541 retained)
N/A Single Transaction
Catheryn O'Rourke
 
PDMR
£15.7622
7,765 (of which 2,755 were sold and 5,010 retained)
N/A Single Transaction
Vasant Padmanabhan
 
PDMR
£15.7622
16,927 (of which 6,005 were sold and 10,922 retained)
N/A Single Transaction
Susan Swabey
 
PDMR
£15.7622
5,848 (of which 2,786 were sold and 3,062 retained)
N/A Single Transaction
 
 
Vickie Reuben  
Deputy Company Secretary
Smith & Nephew plc
 
Tel:  01923 477216
 
 
 
 
 
 
 
 
 
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 10, 2020
 
 
By: /s/ Susan Swabey
-----------------
                                                                                                                              Susan Swabey
                                                                                                                      Company Secretary
 
 
 
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