14 Dec 2017 11:58
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Director/PDMR Shareholding
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Pennon Group Plc
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Notification of transactions of persons discharging managerial responsibilities
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The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.Â
 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 Â | 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 3 YEAR RESTRICTED PERIOD. SHARES EQUIVALENT TO ACCRUED DIVIDENDS HAVE BEEN INCLUDED, IN ACCORDANCE WITH THE CONDITIONS OF THE PLAN. 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) Â |
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d) | Aggregated information  - Volume  - Price  - Total  |   2,884 SHARES (gross)  £7.5829p*  £21,869.08 (gross)  * vesting / sale price  | |||||
e) | Date of the transaction  | 14 December 2017 | |||||
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 14 December 2017 | Â | ||||||
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