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16 Jul 2015 16:58
NOTIFICATION OF TRANSACTIONS BY DIRECTORS, PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED
PERSONS
Notification made in accordance with Disclosure Rule 3.1.4R(1)(a) of the
Disclosure Rules and Transparency Rules.
On 15 July 2015, Severn Trent Plc ("the Company") granted 173,054 Ordinary Shares under the terms of the Severn Trent Plc Long Term Incentive Plan 2014 (the "Plan") following approval of the Directors' Remuneraton Policy by shareholders at the Company's 2015 Annual General Meeting, including 126,634 Ordinary Shares to the Directors and PDMRs 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.
Name | Status | No. of LTIP Shares Subject to Award
|
O R Garfield | Director | 37,808 |
J Bowling | Director | 14,890 |
E Fitzgerald | PDMR | 14,518 |
S Bentley | PDMR | 11,614 |
A P Smith | PDMR | 10,501 |
M J Kane | PDMR | 9,824 |
A J Ballance | PDMR | 8,081 |
H Miles | PDMR | 6,910 |
B Kennedy | PDMR | 6,733 |
E Dickey | PDMR | 5,755 |
The grant of the PDMR Awards was notified to the Company by the PDMRs set out above on 16 July 2015 pursuant to Disclosure Rule 3.1.2R of the Disclosure and Transparency Rules.
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