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
 
September 9, 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 __
 
 
 
 
SMITH & NEPHEW PLC
 
9 September 2026
 
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
 
This announcement is made in accordance with the UK Market Abuse Regulation (Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).
 
On 7 September 2026, the Company received notification of the following transactions in US$0.20 ordinary shares (the "Shares") in Smith & Nephew plc (the "Company") following the vesting of awards under the Smith & Nephew Global Share Plan 2020 and the Smith & Nephew Restricted Share Plan 2024.
 
1.   VESTING OF SHARE AWARDS MADE UNDER THE SMITH & NEPHEW GLOBAL SHARE PLAN 2020
 
The awards vested on 7 September 2026 and a number of Shares were sold to cover taxation obligations arising on the vesting of the awards.
 
The following relates to individuals included in the below notification:
 
Reason for the notification
Initial notification /Amendment
Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name
Smith & Nephew plc
LEI
213800ZTMDN8S67S1H61
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument
 
Smith & Nephew plc ordinary shares of USD 0.20 each
 
Identification code
ISIN: GB0009223206
Nature of the transaction
Vesting of Share awards under the Smith & Nephew Global Share Plan 2020 followed by the sale of shares to cover relevant tax liabilities.
Date of Transaction
7 September 2026
Place of Transaction
London Stock Exchange (XLON)
 
Name
(Position)
 
 
Status
 
Price (£)
 
Volume
 
Aggregated information
 
Ajay Dhankhar (Chief Strategy & Corporate Development Officer)
 
PDMR
 
10.433776
 
27,524 (of which 8,860 were sold and 18,664 retained)
 
N/A Single Transaction
 
 
 
2.   VESTING OF RESTRICTED SHARE AWARDS MADE UNDER THE SMITH & NEPHEW RESTRICTED SHARE PLAN 2024
 
The awards vested on 7 September 2026 and a number of Shares were sold to cover taxation obligations arising on the vesting of the awards. The number of Shares acquired includes the dividend equivalent Shares which participants receive on vested Shares.
 
The following relates to individuals included in the below notification:
 
Reason for the notification
Initial notification /Amendment
Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name
Smith & Nephew plc
LEI
213800ZTMDN8S67S1H61
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument
 
Smith & Nephew plc ordinary shares of USD 0.20 each
 
Identification code
ISIN: GB0009223206
Nature of the transaction
Vesting of Restricted Share awards under the Smith & Nephew Restricted Share Plan 2024 followed by the sale of shares to cover relevant tax liabilities.
Date of Transaction
7 September 2026
Place of Transaction
London Stock Exchange (XLON)
 
Name
(Position)
 
 
Status
 
Price (£)
 
Volume
 
Aggregated information
 
Ajay Dhankhar (Chief Strategy & Corporate Development Officer)
 
PDMR
 
10.433776
 
13,472 (of which 4,337 were sold and 9,135 retained)
 
N/A Single Transaction
 
 
All figures in these columns are stated to 6 decimal places where applicable.
 
Philip Horner
Group Deputy Company Secretary
Smith & Nephew plc
 
Tel:  +44 (0)1923 477100
 
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: September 9, 2026
By:
/s/ Helen Barraclough
 
 
Helen Barraclough
 
 
Company Secretary