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Smith & Nephew (SNN) reserves 150,000 shares for employee plans via block admission

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Smith & Nephew plc has applied to the London Stock Exchange for 150,000 ordinary shares of US20¢ each to be admitted to trading. The shares are expected to start trading on 6 July 2026.

The new shares are reserved under a block admission and will be used to settle awards made under the company’s employee share plans. Once issued, they will rank pari passu, meaning they will have the same rights, benefits, and status as the existing ordinary shares already in circulation.

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Block admission size 150,000 shares Ordinary shares to be admitted to LSE
Par value US20¢ each Par value of new ordinary shares
Expected admission date 6 July 2026 Date new shares expected to start trading
block admission financial
"These shares are being reserved under a block admission and will be issued"
employee share plans financial
"issued to settle the award of shares pursuant to the Company's employee share plans"
pari passu financial
"When issued, these shares will rank pari passu with the existing ordinary shares"
An instruction that different claims, securities, or creditors are treated equally and share rights or payments on the same priority level. For investors, it means their position will be paid or have voting power alongside others in the same class rather than being favored or subordinated—think of several people standing in one bus line who all get on together rather than some cutting ahead. That parity affects expected recovery in reorganizations, dividend order, and relative risk.
Form 6-K regulatory
"Form 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
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Learn about SEC filing dates
 
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
 
July 02, 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 __
 
 

 
2 July 2026
 
Block Admission Application
 
Smith & Nephew plc ("the Company") hereby notifies the market that an application has been made to the London Stock Exchange for a total of 150,000 ordinary shares of US20¢ each to be admitted to trading.
 
The shares are expected to be admitted to trading on the London Stock Exchange on 6 July 2026.
 
These shares are being reserved under a block admission and will be issued to settle the award of shares pursuant to the Company's employee share plans.
 
When issued, these shares will rank pari passu with the existing ordinary shares.
 
 
 
Philip Horner
Deputy Company Secretary
Smith & Nephew plc
Tel:    +44 (0)1923 477100
 
LEI:    213800ZTMDN8S67S1H61
 
 
 
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: July 02, 2026
By:
/s/ Helen Barraclough
 
 
Helen Barraclough
 
 
Company Secretary

FAQ

What did Smith & Nephew plc (SNN) announce in this Form 6-K?

Smith & Nephew plc announced an application for 150,000 ordinary shares of US20¢ each to be admitted to trading on the London Stock Exchange, reserved under a block admission for its employee share plans and ranking pari passu with existing ordinary shares.

How many new Smith & Nephew (SNN) shares are covered by the block admission?

The block admission covers 150,000 ordinary shares of US20¢ each. These shares are reserved specifically to settle awards made under Smith & Nephew’s employee share plans, providing equity-based compensation while maintaining alignment between employees and existing shareholders.

When will the new Smith & Nephew (SNN) shares start trading?

The new Smith & Nephew ordinary shares are expected to be admitted to trading on the London Stock Exchange on 6 July 2026. This follows the company’s block admission application, enabling future share issuance to employee plan participants as awards are settled.

What does ‘pari passu’ mean for Smith & Nephew (SNN) shareholders?

‘Pari passu’ means the new 150,000 ordinary shares will have the same rights as existing shares. Once issued, they will carry identical voting, dividend, and capital rights, ensuring no preferential treatment between these shares and those already listed and trading.

Why is Smith & Nephew (SNN) using a block admission for these shares?

Smith & Nephew is using a block admission to reserve 150,000 shares for employee share plans. This mechanism allows the company to issue shares over time to satisfy plan awards, without needing a separate admission application each time shares are allotted to employees.