Pennon Group PLC

Director's Dealing • Jul 26, 2019

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 9115G

Pennon Group PLC

26 July 2019

Director/PDMR Shareholding

Pennon Group plc

Notification of transactions of persons discharging managerial responsibilities

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation. 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

CHRISTOPHER LOUGHLIN

2

Reason for the notification

a)

Position/status

GROUP 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

PENNON GROUP PLC

b)

LEI

213800V1CCTS41GWH423

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 40.7p EACH

GB00B18V8630

b)

Nature of the transaction

GROSS VESTING OF SHARES PURSUANT TO THE PENNON GROUP ANNUAL INCENTIVE BONUS PLAN - DEFERRED ELEMENT (THE 'PLAN') FOLLOWING THE END OF THE END OF THE 3 YEAR RESTRICTED PERIOD.  A PROPORTION OF THE VESTED SHARES HAVE BEEN SOLD BY THE SHARE PLANS TRUSTEE TO MEET THE INCOME TAX AND NATIONAL INSURANCE LIABILITIES OF THE PERSON NAMED IN 1(a) ABOVE.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
758.0p*	18,759

d)

Aggregated information

- Volume

- Price

- Total

18,759 SHARES

£7.580*

£142,193.22

* vesting / sale price

e)

Date of the transaction

25 JULY 2019

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

SUSAN JANE DAVY

2

Reason for the notification

a)

Position/status

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

PENNON GROUP PLC

b)

LEI

213800V1CCTS41GWH423

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 40.7p EACH

GB00B18V8630

b)

Nature of the transaction

GROSS VESTING OF SHARES PURSUANT TO THE PENNON GROUP ANNUAL INCENTIVE BONUS PLAN - DEFERRED ELEMENT (THE 'PLAN') FOLLOWING THE END OF THE END OF THE 3 YEAR RESTRICTED PERIOD.  A PROPORTION OF THE VESTED SHARES HAVE BEEN SOLD BY THE SHARE PLANS TRUSTEE TO MEET THE INCOME TAX AND NATIONAL INSURANCE LIABILITIES OF THE PERSON NAMED IN 1(a) ABOVE.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
758.0p*	12,524

d)

Aggregated information

- Volume

- Price

- Total

12,524 SHARES

£7.580*

£94,931.92

* vesting / sale price

e)

Date of the transaction

25 JULY 2019

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

SARAH HEALD

2

Reason for the notification

a)

Position/status

DIRECTOR OF CORPORATE AFFAIRS & INVESTOR RELATIONS

b)

Initial notification/Amendment

INITIAL NOTIFICATION

3

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

a)

Name

PENNON GROUP PLC

b)

LEI

213800V1CCTS41GWH423

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 40.7p EACH

GB00B18V8630

b)

Nature of the transaction

GROSS VESTING OF SHARES PURSUANT TO THE PENNON GROUP ANNUAL INCENTIVE BONUS PLAN - DEFERRED ELEMENT (THE 'PLAN') FOLLOWING THE END OF THE END OF THE 3 YEAR RESTRICTED PERIOD.  A PROPORTION OF THE VESTED SHARES HAVE BEEN SOLD BY THE SHARE PLANS TRUSTEE TO MEET THE INCOME TAX AND NATIONAL INSURANCE LIABILITIES OF THE PERSON NAMED IN 1(a) ABOVE.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
758.0p*	1,326

d)

Aggregated information

- Volume

- Price

- Total

1,326 SHARES

£7.580*

£10,051.08

* vesting / sale price

e)

Date of the transaction

25 JULY 2019

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

PHILLIP CHARLES PIDDINGTON

2

Reason for the notification

a)

Position/status

MANAGING DIRECTOR, VIRIDOR

b)

Initial notification/Amendment

INITIAL NOTIFICATION

3

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

a)

Name

PENNON GROUP PLC

b)

LEI

213800V1CCTS41GWH423

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 40.7p EACH

GB00B18V8630

b)

Nature of the transaction

GROSS VESTING OF SHARES PURSUANT TO THE PENNON GROUP ANNUAL INCENTIVE BONUS PLAN - DEFERRED ELEMENT (THE 'PLAN') FOLLOWING THE END OF THE END OF THE 3 YEAR RESTRICTED PERIOD.  A PROPORTION OF THE VESTED SHARES HAVE BEEN SOLD BY THE SHARE PLANS TRUSTEE TO MEET THE INCOME TAX AND NATIONAL INSURANCE LIABILITIES OF THE PERSON NAMED IN 1(a) ABOVE.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
758.0p*	3,636

d)

Aggregated information

- Volume

- Price

- Total

3,636 SHARES

£7.580*

£27,560.88

* vesting / sale price

e)

Date of the transaction

25 JULY 2019

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

SIMON ANTHONY FOLLETT PUGSLEY

2

Reason for the notification

a)

Position/status

GROUP GENERAL COUNSEL AND COMPANY SECRETARY

b)

Initial notification/Amendment

INITIAL NOTIFICATION

3

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

a)

Name

PENNON GROUP PLC

b)

LEI

213800V1CCTS41GWH423

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 40.7p EACH

GB00B18V8630

b)

Nature of the transaction

GROSS VESTING OF SHARES PURSUANT TO THE PENNON GROUP ANNUAL INCENTIVE BONUS PLAN - DEFERRED ELEMENT (THE 'PLAN') FOLLOWING THE END OF THE END OF THE 3 YEAR RESTRICTED PERIOD.  A PROPORTION OF THE VESTED SHARES HAVE BEEN SOLD BY THE SHARE PLANS TRUSTEE TO MEET THE INCOME TAX AND NATIONAL INSURANCE LIABILITIES OF THE PERSON NAMED IN 1(a) ABOVE.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
758.0p*	2,336

d)

Aggregated information

- Volume

- Price

- Total

2,336 SHARES

£7.580*

£17,706.88

* vesting / sale price

e)

Date of the transaction

25 JULY 2019

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

PAUL MICHAEL RINGHAM

2

Reason for the notification

a)

Position/status

COMMERCIAL DIRECTOR, VIRIDOR

b)

Initial notification/Amendment

INITIAL NOTIFICATION

3

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

a)

Name

PENNON GROUP PLC

b)

LEI

213800V1CCTS41GWH423

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 40.7p EACH

GB00B18V8630

b)

Nature of the transaction

GROSS VESTING OF SHARES PURSUANT TO THE PENNON GROUP ANNUAL INCENTIVE BONUS PLAN - DEFERRED ELEMENT (THE 'PLAN') FOLLOWING THE END OF THE END OF THE 3 YEAR RESTRICTED PERIOD.  A PROPORTION OF THE VESTED SHARES HAVE BEEN SOLD BY THE SHARE PLANS TRUSTEE TO MEET THE INCOME TAX AND NATIONAL INSURANCE LIABILITIES OF THE PERSON NAMED IN 1(a) ABOVE.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
758.0p*	4,343

d)

Aggregated information

- Volume

- Price

- Total

4,343 SHARES

£7.580*

£32,919.94

* vesting / sale price

e)

Date of the transaction

25 JULY 2019

f)

Place of the transaction

London Stock Exchange (XLON)

Name of authorised official of issuer responsible for making notification

KAREN SENIOR, DEPUTY COMPANY SECRETARY

Date of notification 26 JULY 2019

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHCKADBNBKDBOB