Business Context and Reporting Period
This Form 6-K filing by Smith & Nephew plc, dated September 17, 2024, serves as a notification and public disclosure in accordance with the EU Market Abuse Regulation. The report details transactions by Persons Discharging Managerial Responsibilities (PDMRs) and persons closely associated with them.
Key Financial Metrics
The filing does not provide financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. It exclusively reports on specific share purchase transactions.
| Director / PDMR | Transaction Type | Instrument | Volume | Price | Date |
|---|---|---|---|---|---|
| Angie Risley | Share purchase (in lieu of fees) | Ordinary Shares (GB0009223206) | 312 | £11.89926062 | Sept 16, 2024 |
| Simon Lowth | Share purchase (in lieu of fees) | Ordinary Shares (GB0009223206) | 300 | £11.89926062 | Sept 16, 2024 |
| Bob White | Share purchase (in lieu of fees) | SPON ADR (US83175M2052) | 258 | $31.485746 | Sept 16, 2024 |
Material Changes
The filing does not report material changes to the company's financial position or operations compared to prior periods. It documents routine transactions executed to pay part of 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 transactions were conducted on the London Stock Exchange (XLON) and the New York Stock Exchange (XNYS) in line with the company's Remuneration Policy.
Investor Verification Points
- Verify the total number of shares purchased by Non-Executive Directors (Angie Risley, Simon Lowth, and Bob White) on September 16, 2024.
- Confirm the transaction prices (£11.89926062 for ordinary shares and $31.485746 for ADRs) against market data for the date of transaction.
- Ensure the transactions were executed net of tax and expenses as stated in the remuneration policy.