Remuneration Information • Jan 3, 2018
Remuneration Information
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information
RNS Number : 8365A
Severn Trent PLC
03 January 2018
OPTIONS AWARDED UNDER THE SEVERN TRENT PLC SHARESAVE SCHEME TO PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
Severn Trent Plc (the "Company") has been informed that, on 2 January 2018, options were granted under the Company's approved Sharesave Scheme to eligible employees including the following Director and PDMR:
| Name | Position | Number of shares over which option is granted | Date of Grant | Period during which or date on which it can be exercised | Exercise price |
| Olivia Garfield | Director | 1089 | 2-Jan-18 | 6 months from 01-May-21 | £16.52 |
| James Jesic | PDMR | 544 | 2-Jan-18 | 6 months from 01-May-21 | £16.52 |
The grant of the above options was notified to the Company by the PDMRs set out above on 2 January 2018.
The attached notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.
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
Chief Executive
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
213800RPBXRETY4A4C59
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
Grant of options to acquire shares under the Severn Trent Plc Sharesave Scheme.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £16.52 | 1089 SHARES |
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
2018-01-02
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 Jesic
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
213800RPBXRETY4A4C59
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
Grant of options to acquire shares under the Severn Trent Plc Sharesave Scheme.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £16.52 | 544 SHARES |
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
2018-01-02
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
DSHFKNDQKBKDPDK
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.