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Director/PDMR Shareholding

21 Jan 2025 16:17

RNS Number : 1722U
Severn Trent PLC
21 January 2025
 

LEI: 213800RPBXRETY4A4C59

Severn Trent plc (the "Company") - Notification of Transactions of Directors/Persons Discharging Managerial Responsibility ("PDMRs") and their Closely Associated Persons

Severn Trent Plc (the "Company") has been informed that, on 16 January 2025, options were granted under the Company's approved Sharesave Scheme to eligible employees including the following 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

 

Robert Stear

 

PDMR

898

16-Jan-25

6 months from 01-May-28

£20.53

 

 

The grant of the above options was notified to the Company by the PDMR set out above on 20 January 2025.

The Company wishes to announce in accordance with DTR 3.1 and Article 19 of the UK Market Abuse Regulation the following notification by a person discharging managerial responsibility.

For further information please contact: 

Rachel Martin, Head of Investor Relations

+44 (0) 782 462 4011

www.severntrent.com 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Robert Stear

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)

£20.53

898 Shares

 

 

d)

Aggregated information

- Aggregated volume

- Price

N/A (single transaction)

e)

Date of the transaction

2025-01-16

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

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