UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 6-K
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under the
Securities Exchange Act of 1934
 
August 12, 2026
 
Commission File Number 001-14978
 
SMITH & NEPHEW plc
(Registrant’s name)
 
Building 5, Croxley Park, Hatters Lane
Watford, England, WD18 8YE
 (Address of principal executive office)
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F  ✔         Form 40-F __
 
 
  
 
 
 
TR-1: Standard form for notification of major holdings
 
1. Issuer Details
 
ISIN
GB0009223206 
 
Issuer Name
SMITH & NEPHEW PLC
 
UK or Non-UK Issuer
UK
 
2. Reason for Notification
An acquisition or disposal of voting rights; An event changing the breakdown of voting rights
 
3. Details of person subject to the notification obligation
 
Name
Cevian Capital II GP Limited
 
City of registered office (if applicable)
`St Helier
 
Country of registered office (if applicable)
Jersey
 
4. Details of the shareholder
Name 
City of registered office
Country of registered office
Aurora Nominees Limited  
London 
United Kingdom 
 
5. Date on which the threshold was crossed or reached
07-Aug-2026
 
6. Date on which Issuer notified
11-Aug-2026
 
7. Total positions of person(s) subject to the notification obligation
 
% of voting rights attached to shares (total of 8.A)
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)
Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached
 
14.214414
 
 
0.000000
 
 
14.214414
 
 
119179419
 
 
Position of previous notification (if applicable)
 
14.010786
 
0.000000
 
14.010786
 
 
 
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
 
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible)
 
Number of direct voting rights (DTR5.1)
 
Number of indirect voting rights (DTR5.2.1)
 
% of direct voting rights (DTR5.1)
 
% of indirect voting rights (DTR5.2.1)
 
GB0009223206
 
 
119179419
 
 
14.214414
 
Sub Total 8.A
 
119179419
 
14.214414%
 
 
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument
Expiration date
Exercise/conversion period
Number of voting rights that may be acquired if the instrument is exercised/converted
% of voting rights
 
 
 
 
 
 
Sub Total 8.B1
 
 
 
 
 
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument
 
Expiration date
 
Exercise/conversion period
 
Physical or cash settlement
 
Number of voting rights
 
% of voting rights
 
 
 
 
 
 
 
 
Sub Total 8.B2
 
 
 
 
 
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
 
Ultimate controlling person
Name of controlled undertaking
% of voting rights if it equals or is higher than the notifiable threshold
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold
Cevian Capital II G.P. Limited
 
Cevian Capital II Master Fund L.P.
 
13.014856
 
 
13.014856%
 
Cevian Capital II G.P. Limited
 
Cevian Capital II Co-Investment - Series P L.P.
 
1.199558
 
 
1.199558%
 
 
10. In case of proxy voting
 
Name of the proxy holder
  
 
The number and % of voting rights held
 
  
The date until which the voting rights will be held
 
 
If date does not apply, explain below
 
 
11. Additional Information
Cevian Capital II G.P. Limited acts as general partner for Cevian Capital II Master Fund L.P. and Cevian Capital II Co-Investment - Series P L.P.
 
The legal owner of the shares is Aurora Nominees Limited (acting as nominee), which holds the shares on behalf of UBS AG (acting as custodian).
 
This notification is made for transparency purposes. Since Cevian Capital II G.P. Limited's notification dated 24 July 2026, the percentage of voting rights held via Cevian Capital II Master Fund L.P. has increased to 13.014856% (previously notified percentage: 12.815710%). The percentage of voting rights held via Cevian Capital II Co-Investment - Series P L.P. is 1.199558% (previously notified percentage: 1.195075%).
 
As a result of this increase, Cevian Capital II G.P. Limited's aggregate holding is now 14.214414% (previously notified percentage: 14.010786%). Cevian Capital II G.P. Limited has not crossed a new notification threshold as a result of this increase.
 
12. Date of Completion
11-Aug-2026
 
13. Place Of Completion
Jersey
 
  
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: August 12, 2026
By:
/s/ Helen Barraclough
 
 
Helen Barraclough
 
 
Company Secretary