SOURCE: Smith & Nephew PLC

August 14, 2009 12:16 ET

Smith & Nephew - Director/PDMR Shareholding

LONDON--(Marketwire - August 14, 2009) -


RIS Announcement -Award grant

Smith & Nephew Plc ("the Company")
Employee Share Plans - Announcement of transaction in ordinary shares
of USUSD0.20 each and American Depository Shares (ADSs) representing five
ordinary shares of USUSD0.20 each.

The Company announces that on 13 August 2009 conditional awards were
made under the Company's 2004 Performance Share Plan, 2001 US Share
Option Plan, 2001 UK Unapproved Share Plan and the 2004 Executive Share
Option Plans to persons discharging managerial responsibility ("PDMR")
as detailed in the tables below. No consideration is payable for the
awards.

PERFORMANCE SHARE PLAN ("PSP")

                      Number of      Total Number of Shares over
                      shares subject which awards held under the
Name        PDMR      to award       PSP following Notification

David       Chief     53,362 ADSs    600,016 ordinary shares (of
Illingworth Executive                which 69,534 are held as ADSs)

Adrian      Chief     161,273        389,591 ordinary shares
Hennah      Financial ordinary
            Officer   shares

Mark        PDMR      8,590 ADSs     18,859 ADSs
Augusti

Elizabeth   PDMR      8,002 ADSs     15,957 ADSs
Bolgiano

John Campo  PDMR      8,817 ADSs     14,658 ADSs

Joseph      PDMR      9,481 ADSs     21,086 ADSs
DeVivo

Michael     PDMR      9,007 ADSs     19,710 ADSs
Frazzette

Gordon Howe PDMR      7,300 ADSs     13,680 ADSs

Roger       PDMR      35,229         59,312 ordinary shares
Teasdale              ordinary
                      shares



Notes:

  * There are performance conditions attached to the release of this
    award under the Performance Share Plan, and the awards will vest,
    subject to the achievement of the performance conditions which are
    measured from 1January 2009 to 31 December 2011, on 13 August
    2012.

  * 1 ADS is equal to 5 ordinary shares of USUSD0.20

  * The transaction took place in London, UK

  * This announcement is made following notifications under Disclosure
    Rule 3.1.2.






2001 US SHARE OPTION AND 2001 UK UNAPPROVED SHARE PLANS

               Share Option    Number of    Option Total Number of
               Plan            Ordinary     Price  Shares over which
                               shares              Options held
                               subject to          following
Name      PDMR                 award               Notification

Mark      PDMR US Share Plan   57,191       479p   219,432 ordinary
Augusti                                            shares (including
                                                   options over 12,500
                                                   ADS)

Elizabeth PDMR US Share Plan   53,277       479p   159,201 ordinary
Bolgiano                                           shares

John      PDMR US Share Plan   58,706       479p   147,179 ordinary
Campo                                              shares

Joseph    PDMR US Share Plan   63,125       479p   140,320 ordinary
DeVivo                                             shares

Michael   PDMR US Share Plan   59,969       479p   159,062 ordinary
Frazzette                                          shares

Gordon    PDMR US Share Plan   48,606       479p   150,341 ordinary
Howe                                               shares (including
                                                   options over 4,000
                                                   ADS)

Roger     PDMR UK              46,972       479p   99,116 ordinary
Teasdale       Unapproved Plan                     shares



Notes:

  ? The US Share Option Plan will vest in equal annual tranches over
    three years following the award date and will be exercisable from
    13 August 2012 to 12 August 2019.

  ? The UK Unapproved Share Option Plan will vest three years from the
    award date, subject to the attainment of the relevant performance
    conditions and will be exercisable from 13 August 2012 to 12 August
    2019.

  ? The transaction took place in London, UK

  ? This announcement is made following notifications under Disclosure
    Rule 3.1.2.

2004 EXECUTIVE SHARE OPTION PLAN

                      Number of     Option Total Number of Shares over
                      shares        Price  which Options held following
                      subject to           Notification
Name        PDMR      award

David       Chief     35,575 ADSs   USD39.55 697,740 ordinary shares
Illingworth Executive                      (including options
                                           over 55,575 ADS)

Adrian      Chief     107,515       479p   323,008 ordinary shares
Hennah      Financial ordinary
            Officer   shares


Notes:

  ? There are performance conditions attached to the release of this
    award under the Executive Share Option Plan and the awards will
    vest, subject to the achievement of the performance conditions,
    on 13 August 2012. Any options which vest will be exercisable from
    13 August 2012 to 12 August 2019 .

  ? 1ADS is equal to 5 ordinary shares of USUSD0.20

  ? The transaction took place in London, UK

  ? This announcement is made following notifications under Disclosure
    Rule 3.1.2


Contact:

Gemma Parsons
Assistant Company Secretary

Telephone: 020 7401 7646



                    This information is provided by RNS
          The company news service from the London Stock Exchange

END

Contact Information