Source - RNS
RNS Number : 9137I
Severn Trent PLC
22 June 2017
 

LEI: 213800RPBXRETY4A4C59

 

Severn Trent Plc (the "Company") - Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons

This notification is made in accordance with the Market Abuse Regulation.

 

On 20 June 2017, Severn Trent Plc ("the Company") granted awards over 194,931 Ordinary Shares under the terms of the Severn Trent Plc Long Term Incentive Plan 2014 (the "Plan") in line with the Directors' Remuneration Policy approved by shareholders at the Company's 2015 Annual General Meeting, including awards over 126,243 Ordinary Shares to the Directors and Persons Discharging Managerial Responsibility ("PDMR") of the Company as set out below.  These Ordinary Shares will vest at the end of a three year performance period, depending on the achievement of performance targets and service with the Company.  No consideration was paid for the grant of these awards and no payment is due on the release of any shares.  The share price used to calculate these awards was based on the average of the mid-market price for an Ordinary Share in the Company over 15, 16 and 19 June 2017.

 

Name

Status

No. of LTIP Shares Subject to Award

 

O R Garfield

Director

42,383

J Bowling

Director

17,028

E FitzGerald

Director

13,282

S Bentley

PDMR

10,851

A P Smith

PDMR

9,816

M J Kane

PDMR

5,583

A J Ballance

PDMR

8,133

H Miles

PDMR

10,016

B Kennedy

PDMR

9,151

 

The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.

 

For further information please contact:

 

Ruban Chandran, Head of Investor Relations

07957 166 615

[email protected]

 

www.severntrent.com

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Olivia Garfield

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Severn Trent Plc

b)

LEI

N/A

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 97 17/19 pence each in Severn Trent Plc

Identification code for Severn Trent Plc shares: GB00B1FH8J72

b)

Nature of the transaction

Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014.

c)

Price(s) and volume(s)


Price(s)

Volume(s)


Nil

42,383

d)

Aggregated information

- Aggregated volume

- Price

Volume 42,383 / Price GBP Nil

 

e)

Date of the transaction

2017-06-20

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

James Bowling

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Severn Trent Plc

b)

LEI

N/A

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 97 17/19 pence each in Severn Trent Plc

Identification code for Severn Trent Plc shares: GB00B1FH8J72

b)

Nature of the transaction

Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014.

c)

Price(s) and volume(s)


Price(s)

Volume(s)


Nil

17,028

d)

Aggregated information

- Aggregated volume

- Price

Volume 17,028 / Price GBP Nil

 

e)

Date of the transaction

2017-06-20

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Emma FitzGerald

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Severn Trent Plc

b)

LEI

N/A

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 97 17/19 pence each in Severn Trent Plc

Identification code for Severn Trent Plc shares: GB00B1FH8J72

b)

Nature of the transaction

Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014.

c)

Price(s) and volume(s)


Price(s)

Volume(s)


Nil

13,282

d)

Aggregated information

- Aggregated volume

- Price

Volume 13,282 / Price GBP Nil

 

e)

Date of the transaction

2017-06-20

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Sarah Bentley

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Severn Trent Plc

b)

LEI

N/A

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 97 17/19 pence each in Severn Trent Plc

Identification code for Severn Trent Plc shares: GB00B1FH8J72

b)

Nature of the transaction

Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014.

c)

Price(s) and volume(s)


Price(s)

Volume(s)


Nil

10,851

d)

Aggregated information

- Aggregated volume

- Price

Volume 10,851 / Price GBP Nil

 

e)

Date of the transaction

2017-06-20

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew Smith

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Severn Trent Plc

b)

LEI

N/A

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 97 17/19 pence each in Severn Trent Plc

Identification code for Severn Trent Plc shares: GB00B1FH8J72

b)

Nature of the transaction

Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014.

c)

Price(s) and volume(s)


Price(s)

Volume(s)


Nil

9,816

d)

Aggregated information

- Aggregated volume

- Price

Volume 9,816 / Price GBP Nil

 

e)

Date of the transaction

2017-06-20

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Martin Kane

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Severn Trent Plc

b)

LEI

N/A

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 97 17/19 pence each in Severn Trent Plc

Identification code for Severn Trent Plc shares: GB00B1FH8J72

b)

Nature of the transaction

Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014.

c)

Price(s) and volume(s)


Price(s)

Volume(s)


Nil

5,583

d)

Aggregated information

- Aggregated volume

- Price

Volume 5,583 / Price GBP Nil

 

e)

Date of the transaction

2017-06-20

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Anthony Ballance

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Severn Trent Plc

b)

LEI

N/A

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 97 17/19 pence each in Severn Trent Plc

Identification code for Severn Trent Plc shares: GB00B1FH8J72

b)

Nature of the transaction

Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014.

c)

Price(s) and volume(s)


Price(s)

Volume(s)


Nil

8,133

d)

Aggregated information

- Aggregated volume

- Price

Volume 8,133 / Price GBP Nil

 

e)

Date of the transaction

2017-06-20

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Helen Miles

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Severn Trent Plc

b)

LEI

N/A

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 97 17/19 pence each in Severn Trent Plc

Identification code for Severn Trent Plc shares: GB00B1FH8J72

b)

Nature of the transaction

Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014.

c)

Price(s) and volume(s)


Price(s)

Volume(s)


Nil

10,016

d)

Aggregated information

- Aggregated volume

- Price

Volume 10,016 / Price GBP Nil

 

e)

Date of the transaction

2017-06-20

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Bronagh Kennedy

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Severn Trent Plc

b)

LEI

N/A

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 97 17/19 pence each in Severn Trent Plc

Identification code for Severn Trent Plc shares: GB00B1FH8J72

b)

Nature of the transaction

Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014.

c)

Price(s) and volume(s)


Price(s)

Volume(s)


Nil

9,151

d)

Aggregated information

- Aggregated volume

- Price

Volume 9,151 / Price GBP Nil

 

e)

Date of the transaction

2017-06-20

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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