Business Context and Reporting Period
This Form 6-K filing by Smith & Nephew plc is dated August 07, 2024. The document serves as a notification and public disclosure in accordance with the EU Market Abuse Regulation regarding transactions by Persons Discharging Managerial Responsibilities (PDMR).
Key Financial Metrics
The filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. It is strictly a regulatory disclosure of a specific share transaction.
Material Changes and Transaction Details
The filing discloses a share purchase transaction executed on August 05, 2024:
- Person: Rupert Soames (Chair).
- Instrument: Smith & Nephew plc ordinary shares of USD 0.20 each (ISIN: GB0009223206).
- Nature of Transaction: Share purchase in lieu of part of annual fees, executed net of tax and expenses.
- Volume: 5,370 ordinary shares.
- Price: £11.66017 per share.
- Place of Transaction: London Stock Exchange (XLON).
Guidance, Outlook, and Risks
The filing text does not provide management commentary, financial guidance, outlook, risk factors, or contingencies. The transaction was conducted in line with the Company's Remuneration Policy.
Investor Verification Checklist
- Verify the total number of shares held by Rupert Soames following this transaction.
- Confirm the current market price of Smith & Nephew shares relative to the transaction price of £11.66017.
- Review the Company's Remuneration Policy to understand the frequency and terms of fee payments in shares.