REG - Smiths Group PLC - Director/PDMR Shareholding
Smiths Group PLC announced that Directors Roland Carter and Julian Fagge sold shares to cover tax liabilities following the vesting of the FY23 Long Term Incentive Plan. Carter sold 29,313 shares, while Fagge sold 26,199 shares at an average price of £24.2133 each. Additionally, both directors were granted new share awards under the same incentive plan, with Carter receiving 190,000 shares and Fagge 102,500 shares. This notification complies with UK Market Abuse Regulation requirements.
RNS Number : 3547D Smiths Group PLC 14 October 2025
14 October 2025
SMITHS GROUP PLC
(the 'Company')
Directors' Shareholdings
Smiths Group plc confirms that following the vesting of FY23 Smiths Group plc Long Term Incentive Plan, the following Directors sold ordinary shares of 37.5 pence each in the Company ('Shares') on the market on 13 October 2025, to finance income tax and national insurance liabilities arising from the vesting of the award. The Shares were sold on the London Stock Exchange at an average price of £24.2133 per share.
Director | Number of Shares vested | Number of shares sold to cover tax liabilities | Number of Shares retained |
Roland Carter | 62,367 | 29,313 | 33,054 |
Julian Fagge | 55,742 | 26,199 | 29,543 |
Furthermore, on 14 October 2025, the following Directors were granted awards under the rules of the Smiths Group plc Long Term Incentive Plan, and in accordance with Smiths Directors' Remuneration Policy. The awards were granted as conditional share awards over Shares as set out below:
Director | Number of Share awards granted |
Roland Carter | 190,000 |
Julian Fagge | 102,500 |
The Notification of Transactions Form for each Director can be found below.
This notification is made in accordance with the requirements of the UK Market Abuse Regulation.
For further information please contact:
Investor enquiries | Media enquiries |
Siobhán Andrews, Smiths Group +44 (0) 7920 230093 siobhan.andrews@smiths.com | Tom Steiner, Smiths Group +44 (0) 7787 415 891 tom.steiner@smiths.com |
Matthew Whyte Company Secretary +44 (0) 7775 982 879 Matthew.whyte@smiths.com |
Legal Entity Identifier (LEI): 213800MJL6IPZS3ASA11
About Smiths Group
For over 170 years, we have been pioneers of progress, engineering a better future. Our strategy is to be a focused, efficient and value creating industrial engineering company operating in the attractive and growing market segments of energy, industrials and construction.
We focus on solving the toughest problems for our customers, helping address critical global needs such as decarbonisation and the ever-increasing demand for process and energy efficiency. Listed on the London Stock Exchange, we employ c.16,000 colleagues in over 50 countries. For more, visit www.smiths.com.
NOTIFICATIONS OF TRANSACTIONS OF DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||
a) | Name | Roland Carter | ||||||||||||
2 | Reason for the notification | |||||||||||||
a) | Position/status | Chief Executive Officer | ||||||||||||
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 | ||||||||||||
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 ("Shares") GB00B1WY2338 | ||||||||||||
b) | Nature of the transaction | 1. Vesting of an award under the Smiths Group Long Term Incentive Plan ("LTIP") 2. Dividend equivalent award under LTIP 3. Market sale of Shares to finance income tax and national insurance liabilities arising on the vesting of the award | ||||||||||||
Price(s) and volume(s) |
| |||||||||||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||||||||||
e) | Date of the transaction | 13-10-2025 | ||||||||||||
f) | Place of the transaction | London Stock Exchange (XLON) |
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||
a) | Name | Julian Fagge | ||||||||||||
2 | Reason for the notification | |||||||||||||
a) | Position/status | Director/Chief Financial Officer | ||||||||||||
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 | ||||||||||||
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 ("Shares") GB00B1WY2338 | ||||||||||||
b) | Nature of the transaction | 1. Vesting of an award under the Smiths Group Long Term Incentive Plan ("LTIP") 2. Dividend equivalent award under LTIP 3. Market sale of Shares to finance income tax and national insurance liabilities arising on the vesting of the award | ||||||||||||
Price(s) and volume(s) |
| |||||||||||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||||||||||
e) | Date of the transaction | 13-10-2025 | ||||||||||||
f) | Place of the transaction | London Stock Exchange (XLON) |
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Roland Carter | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Chief Executive Officer | ||||||
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 | ||||||
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 ("Shares") GB00B1WY2338 | ||||||
b) | Nature of the transaction | Grant of a conditional share award under the Smiths Group Long Term Incentive Plan ("LTIP") | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | Not applicable | ||||||
e) | Date of the transaction | 14-10-2025 | ||||||
f) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Julian Fagge | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Director/Chief Financial Officer | ||||||
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 | ||||||
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 ("Shares") GB00B1WY2338 | ||||||
b) | Nature of the transaction | Grant of a conditional share award under the Smiths Group Long Term Incentive Plan ("LTIP") | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | Not applicable | ||||||
e) | Date of the transaction | 14-10-2025 | ||||||
f) | Place of the transaction | Outside a trading venue |
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