Last checked at 15 Dec 2016 11:47
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
| PAUL MICHAEL RINGHAM | |||||
2 | Reason for the notification
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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
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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 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 2 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)
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d) | Aggregated information
- Volume
- Price
- Total
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1,810 SHARES (gross)
£7.9258p*
£14,345.70 (gross)
* vesting / sale price
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e) | Date of the transaction
| 14 December 2016 | |||||
f) | Place of the transaction
| London Stock Exchange (XLON) | |||||
Name of authorised official of issuer responsible for making notification KAREN SENIOR, ASSISTANT COMPANY SECRETARY Date of notification 15 December 2016 |
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