Director's Dealing • Jun 22, 2017
Director's Dealing
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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
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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