Business Context and Reporting Period
This Form 6-K filing by Smith & Nephew plc is dated September 24, 2024. The report serves as a notification and public disclosure in accordance with the EU Market Abuse Regulation regarding transactions by Persons Discharging Managerial Responsibilities (PDMRs).
Key Financial Metrics
The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on a specific share transaction.
| Metric | Value |
|---|---|
| Transaction Type | Share purchase in lieu of part of annual fees |
| Instrument | Smith & Nephew plc SPON ADR (ISIN: US83175M2052) |
| Transaction Date | September 23, 2024 |
| Place of Transaction | New York Stock Exchange (XNYS) |
| Price per Share | US$30.847253 |
| Volume | 174 Shares |
| Director Involved | Marc Owen (Non-Executive Director) |
Material Changes
The filing does not report material changes to the company's financial position or operations compared to prior periods. It documents a routine transaction executed under the company's Remuneration Policy to pay Non-Executive Directors' fees in shares, net of tax and expenses.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The transaction is described as an initial notification of a single transaction.
Key Facts for Investor Verification
- Verify the total value of the transaction (174 shares at US$30.847253) against the company's internal remuneration records.
- Confirm that the transaction was executed net of tax and expenses as stated.
- Ensure the transaction aligns with the company's published Remuneration Policy regarding Non-Executive Director fees.
- Note that this filing does not contain quarterly or annual financial results.