Business Context and Reporting Period
This Form 6-K filing by Smith & Nephew plc, dated December 9, 2024, serves as a notification and public disclosure under the Market Abuse Regulation. It details transactions by Persons Discharging Managerial Responsibilities (PDMRs) and closely associated persons.
Key Financial Metrics
The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. It exclusively reports on a specific share transaction.
- Transaction Type: Share purchase in lieu of part of annual fees for Non-Executive Directors.
- Instrument: Smith & Nephew plc ordinary shares of USD 0.20 each (ISIN: GB0009223206).
- Transaction Date: December 6, 2024.
- Place of Transaction: London Stock Exchange (XLON).
- Price per Share: £9.80279.
- Volume: 535 ordinary shares purchased by Jo Hallas (Non-Executive Director).
- Netting: Shares were purchased net of tax and expenses.
Material Changes
The filing does not contain comparative financial data or material changes to the company's financial position versus prior periods. It reports a routine compliance transaction regarding director remuneration.
Guidance, Outlook, and Risks
The document contains no management commentary, financial guidance, outlook, risk factors, or discussion of contingencies. It is a statutory disclosure of a specific transaction.
Key Facts for Investor Verification
- Verify the share price of £9.80279 against the market price on December 6, 2024, to confirm fair value execution.
- Confirm that the purchase of 535 shares by Jo Hallas aligns with the company's Remuneration Policy for Non-Executive Directors.
- Note that this transaction was executed net of tax and expenses, meaning the gross value of fees was higher than the net share value recorded.