FORM 6-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of -------------------------- 1934 ---- September 16, 2003 Commission File Number 001-14978 SMITH & NEPHEW plc (Registrant's name) 15 Adam Street London, England WC2N 6LA (Address of registrant's principal executive offices) [Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.] Form 20-F X Form 40-F --- --- [Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1).] Yes No X --- --- [Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7).] Yes No X --- --- [Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing information to the Commission pursuant to Rule 12g3-2 (b) under the Securities Exchange Act of 1934.] Yes No X --- --- If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2 (b) : 82 -n/a. Total Pages: 3 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: September 16, 2003 By: /s/ Paul Chambers ------------------------------ Paul Chambers Company Secretary 2 Smith & Nephew plc T 44(0) 207 401 7476 SMITH & NEPHEW LOGO 15 Adam Street T 44(0) 207 960 2350 London WC2N 6LA www.smith-nephew.com England 15 September 2003 SMITH & NEPHEW COMPLETES ABILITYONE DISPOSAL Smith & Nephew, the global advanced medical devices company, announces that the sale of AbilityOne Corporation rehabilitation business to Patterson Dental Inc, previously announced on 18 August 2003, has now completed. Smith & Nephew's finally adjusted proceeds for its 21 1/2% share of AbilityOne were GBP 52m in cash. Enquiries: Smith & Nephew Angie Craig Tel:+44 (0)20 7401 7646 Corporate Affairs Director Financial Dynamics David Yates Tel:+44 (0)20 7831 3113 NEWS