News Column

DIRECTOR DEALINGS: Smith & Nephew Executive Sells ADS

June 30, 2014

Arvind Bhunjun

LONDON (Alliance News) - Smith & Nephew PLC Monday said President of Advanced Surgical Devices Michael Frazette sold 5,625 American Depositary Shares at a price of USD89.2405 Tuesday.

Following the transaction, Frazette holds 14,848 ADS which represents less than a 0.1% stake in the firm.

One ADS is the equivalent of five ordinary shares.

Shares in the orthopedic medical device business were up 0.1% at USD88.65 Monday.

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Source: Alliance News

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