Regulatory News Item

RNS Number : 7236M
Smiths Group PLC
01 August 2017
 

 

1 AUGUST 2017

 

NOTIFICATION OF TRANSACTION OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITY

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Sir George Buckley

 

2 

Reason for the notification 

a) 

Position/status 

Chairman

 

b) 

Initial notification /Amendment 

Initial notification

 

 

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

 

a) 

Name 

Smiths Group plc ("the Company")

 

b) 

LEI 

213800MJL6IPZS3ASA11

 

4 

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 

 

a) 

Description of the financial instrument, type of instrument

 

Identification code 

Ordinary shares of 37.5p each in Smiths Group plc ("Ordinary Shares")

 

 

GB00B1WY2338

 

b)

 

Nature of the transaction

 

 

Acquisition of Ordinary Shares, in accordance with a binding commitment entered into on 19 July 2017, pursuant to which the Chairman purchases Ordinary Shares on a quarterly basis, using a fixed proportion (20%) of the after-tax fees he receives from the Company.

 

The Chairman intends to hold the Ordinary Shares purchased under this arrangement until his retirement from the board of the Company.

 

c) 

Price(s) and volume(s) 

Price

Volume

1543.5p

 

431

  

d)

 

Aggregated information 

 

- Aggregated volume 

 - Price 

 

Not applicable

 

e) 

Date of the transaction 

2017-08-01

 

f)

Place of the transaction 

London Stock Exchange (XLON)

 

 


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