Last checked at 24 Jul 2019 12:45
LEI: 213800RPBXRETY4A4C59
Severn Trent Plc (the "Company") - Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons
This notification is made in accordance with the Market Abuse Regulation.
On 23 July 2019, Severn Trent Plc ("the Company") granted awards over 281,905 Ordinary Shares under the terms of the Severn Trent Plc Long Term Incentive Plan 2014 (the "Plan") in line with the Directors' Remuneration Policy approved by shareholders at the Company's 2018 Annual General Meeting, including awards over 198,653 Ordinary Shares to Directors and Persons Discharging Managerial Responsibility ("PDMR") of the Company as set out below. These Ordinary Shares will vest at the end of a three year performance period, depending on the achievement of performance targets and service with the Company. No consideration was paid for the grant of these awards and no payment is due on the release of any shares. The share price used to calculate these awards was based on the average of the mid-market price for an Ordinary Share in the Company over 18, 19 and 22 July 2019.
Name | Status | No. of LTIP Shares Subject to Award
|
O R Garfield | Director | 69,411 |
J Bowling | Director | 31,367 |
A J Ballance | PDMR | 10,039 |
S Bentley | PDMR | 17,829 |
J Jesic | PDMR | 7,843 |
M J Kane | PDMR | 6,889 |
B Kennedy | PDMR | 11,294 |
H Miles | PDMR | 16,460 |
N Morrison | PDMR | 9,400 |
A P Smith | PDMR | 12,117 |
R Stear | PDMR | 6,004 |
The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.
For further information please contact:
Richard Eadie, Head of Investor Relations
+44 (0)7889 806578
Richard.eadie@severntrent.co.uk
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 | Olivia Garfield | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Director | ||||||
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 | Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | Volume 69,411 / Price GBP Nil
| ||||||
e) | Date of the transaction | 2019-07-23 | ||||||
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 Bowling | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Director | ||||||
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 | Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | Volume 31,367 / Price GBP Nil
| ||||||
e) | Date of the transaction | 2019-07-23 | ||||||
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 | Anthony Ballance | ||||||
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 | Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | Volume 10,039 / Price GBP Nil
| ||||||
e) | Date of the transaction | 2019-07-23 | ||||||
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 | Sarah Bentley | ||||||
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 | Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | Volume 17,829 / Price GBP Nil
| ||||||
e) | Date of the transaction | 2019-07-23 | ||||||
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 | Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | Volume 7,843 / Price GBP Nil
| ||||||
e) | Date of the transaction | 2019-07-23 | ||||||
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 | Martin Kane | ||||||
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 | Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | Volume 6,889 / Price GBP Nil
| ||||||
e) | Date of the transaction | 2019-07-23 | ||||||
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 | Bronagh Kennedy | ||||||
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 | Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | Volume 11,294 / Price GBP Nil
| ||||||
e) | Date of the transaction | 2019-07-23 | ||||||
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 | Helen Miles | ||||||
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 | Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | Volume 16,460 / Price GBP Nil
| ||||||
e) | Date of the transaction | 2019-07-23 | ||||||
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 | Neil Morrison | ||||||
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 | Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | Volume 9,400 / Price GBP Nil
| ||||||
e) | Date of the transaction | 2019-07-23 | ||||||
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 | Andrew Smith | ||||||
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 | Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | Volume 12,117 / Price GBP Nil
| ||||||
e) | Date of the transaction | 2019-07-23 | ||||||
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 | 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 | Award of conditional shares under the Severn Trent Long Term Incentive Plan 2014. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | Volume 6,004 / Price GBP Nil
| ||||||
e) | Date of the transaction | 2019-07-23 | ||||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||||