SMITH & NEPHEW PLC (SNN) Form 6-K — Sep 2, 2026
Smith & Nephew has concluded its further shareholder consultation on the 2026 Directors' Remuneration Policy and Performance Share Plan, both of which received less than 80% support at the 6 May 2026 AGM, triggering the consultation under the UK Corporate Governance Code. After the consultation, the Board resolved to adopt and implement the Policy and PSP unchanged on the terms approved at the AGM. The company engaged with shareholders representing around 70% of issued share capital plus proxy advisors between 18 May and 27 July 2026.
Key figures
- Award price gbp
- 12.744
- Psp vesting date
- 15 March 2029
- Rsp award shares
- 23123
- Consultation reach
- around 70% of issued share capital
- Consultation period
- 18 May to 27 July 2026
- Rsp vesting tranches
- ["1 April 2027","1 April 2028","1 April 2029"]
- Psp performance period
- 1 January 2026 to 31 December 2028
- Agm shareholder support
- less than 80% for Resolution 2 (Policy) and Resolution 21 (PSP)
- Psp topup salary percent
- 350% of salary
- Rsp topup salary percent
- 25% of salary
- Psp award shares max vesting
- 323728
- Total 2026 psp awards salary percent
- 650% of salary
- Total 2026 rsp awards salary percent
- 150% of salary
AI analysis
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