Last checked at 8 Feb 2024 12:14
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
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a) | Name
| STEVEN BUCK | ||||
2 | Reason for the notification
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a) | Position/status
| GROUP CHIEF FINANCIAL OFFICER | ||||
b) | Initial notification/Amendment
| INITIAL NOTIFICATION | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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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
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a) | Description of the financial instrument, type of instrument
Identification code
| ORDINARY SHARES OF 61.05p EACH
GB00BNNTLN49 | ||||
b) | Nature of the transaction
| As part of Mr Buck's joining arrangements, a conditional award of shares pursuant to the Pennon Group Long Term Incentive Plan has been awarded. Full details will be disclosed in the Annual Report and Accounts 2024. The award vests after a period of three years dependent upon the satisfaction of specified performance criteria and other terms in accordance with the plan. A further holding period of two years also applies. | ||||
c) | Price(s) and volume(s)
|
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d) | Aggregated information
- Volume
- Price
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N/A
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e) | Date of the transaction
| 08 February 2024 | ||||
f) | Place of the transaction
| Outside a trading venue | ||||
Name of authorised official of issuer responsible for making notification ANDREW GARARD, GROUP GENERAL COUNSEL AND COMPANY SECRETARY Date of notification 08 February 2024 |