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 17, 2010

 
Commission File Number 001-14978
 

SMITH & NEPHEW plc
 (Registrant's name)

15 Adam Street
London, England WC2N 6LA
(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.
 


 

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 17, 2010
 


                                                                       By:   /s/ Susan Henderson
                                                        -----------------
                                                 Susan Henderson
                                                 Company Secretary
 

 

 
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL REPONSIBILITY AND CONNECTED PERSONS
 
SMITH & NEPHEW PLC
 
17 March 2010
 
Smith & Nephew plc announces that it was informed on 16 March 2010 of the following transactions by directors or persons discharging managerial responsibilities ("PDMRs") following the vesting on 15 March 2010 of awards granted under the Smith & Nephew 2004 Performance Share Plan (the "PSP"), the Smith & Nephew Performance Share Agreements (the "PSA"), the Smith & Nephew 2004 Co-Investment Plan (the "COIP"), and Smith & Nephew 2004 Executive Share Option Plan (the "ESOP") on 15 March 2007:
 
 

Name of PDMR
Plan
Number of ordinary shares or ADSs acquired
Number of ordinary shares or ADSs disposed
Total ordinary shares or ADSs held following notification
Mark Augusti
i) PSP
ii) COIP
3,190 ADSs
405 ADSs
1,041 ADSs
133 ADSs
8,012 ADSs
Elizabeth Bolgiano
i) PSP
ii) COIP
1,843 ADSs
843 ADSs
713 ADSs
326 ADSs
4,421 ADSs
 
Michael Frazzette
i) PSP
ii) COIP
3,403 ADSs
972 ADSs
1,086 ADSs
311 ADSs
8,157 ADSs
 
R Gordon Howe
i) PSP
ii) COIP
1,104 ADSs
243 ADSs
1,104 ADSs
406 ADSs
3,775 ADSs
 
David Illingworth
i) PSP
ii) PSA
iii) COIP
7,546 ADSs
3,774 ADSs
1,617 ADSs
3,110 ADSs
1,556 ADSs
667 ADSs
257,824 Ords (including 42,005 ADSs)
Adrian Hennah
i) PSP
ii) PSA
iii) COIP
50,278 Ords
25,139 Ords
13,521 Ords
20,718 Ords
10,359 Ords
5,572 Ords
131,187 Ords
Roger Teasdale
i) PSP
6,703 Ords
2,763 Ords
11,597 Ords
 


 
Notes:
 
a)         70% of the PSP and PSA awards made on 15 March 2007 vested and 30% of the awards lapsed.
b)         Matching and Bonus shares awarded under the COIP on 15 March 2007 vested.  Bonus shares were acquired in 2007 and are included in the "disposed" and "total" columns only.
c)         The market value on 15 March 2010 of ordinary shares and ADSs was 676.39p per share and US$50.8526 per ADS respectively.
d)         One ADS is equivalent to five ordinary shares of US$0.20 each.
 
 
Options
 

Name of PDMR
Plan
Number of ordinary shares under option
Number of shares under option vesting (ordinary shares)
Total options held following notification
(ordinary shares)
Mark Augusti
 
2004 ESOP
30,909
18,854
207,377
Elizabeth Bolgiano
 
2004 ESOP
26,788
16,340
148,753
Michael Frazzette
 
2004 ESOP
32,970
20,111
146,203
R Gordon Howe
 
2004 ESOP
16,048
9,789
144,082
David Illingworth
2004 ESOP
54,813
33,435
576,632
Adrian Hennah
 
2004 ESOP
71,827
43,814
294,995
Roger Teasdale
 
2004 ESOP
19,154
11,683
85,868


 
Notes
 
a)         61% of the options granted on 15 March 2007 vested and became capable of exercise at an exercise price of 626.5p per ordinary share.  39% of the options granted lapsed.
 
The ordinary shares were released and sold on 15 March 2010 in London, UK.  The ADSs were released and sold on 15 March 2010 in New York, USA.
 
The percentages of issued share capital acquired, disposed and held following notification are all under 1% of the total issued share capital of the Company.
 
 
This announcement is made in accordance with the requirements of DTR 3.1.2 R.
 
 
Gemma Parsons
Assistant Company Secretary
Tel: 020 7401 7646