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Director/PDMR Shareholding

4 Jan 2023 14:15

RNS Number : 6982L
Severn Trent PLC
04 January 2023
 

LEI: 213800RPBXRETY4A4C59

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 3 January 2023, options were granted under the Company's approved Sharesave Scheme to eligible employees including the following PDMRs:

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

 

Didar Dhillon

 

PDMR

824

3-Jan-23

6 months from 01-May-26

£21.83

 

James Jesic

 

PDMR

164

3-Jan-23

6 months from 01-May-26

£21.83

 

 

The grant of the above options was notified to the Company by the PDMRs set out above on 3 January 2023.

The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.

For further information please contact: 

Rachel Martin, Head of Investor Relations

+44 (0) 782 462 4011

www.severntrent.com 

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

Didar Dhillon

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)

£21.83

824 Shares

 

 

d)

Aggregated information

- Aggregated volume

- Price

N/A (single transaction)

e)

Date of the transaction

2023-01-03

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)

£21.83

164 Shares

 

 

d)

Aggregated information

- Aggregated volume

- Price

N/A (single transaction)

e)

Date of the transaction

2023-01-03

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

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