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29 Jul 2015 17:21
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.
Vesting of a Restricted Award held by Emma Fitzgerald
On 28 July 2015, in accordance with the terms of a Restricted Award agreement between the Company and Emma Fitzgerald (Person Discharging Managerial Responsibility) dated 21 July 2015 ("Agreement"), 14,498 Shares vested pursuant to the Agreement and on 29 July 2015, the independent trustee of the Severn Trent Plc Employee Share Ownership Trust ("Trustee") transferred the beneficial interest in a total of 14,498 Shares to Emma Fitzgerald for nil consideration in satisfaction of the Restricted Award.
Participant | Number of Shares beneficially transferred to PDMR
| Number of Shares sold | No. of Shares sold to cover tax liability | Price at which Shares sold | Date of sale of such Shares | Net No. of Shares acquired |
E Fitzgerald | 14,498 | N/A | 6,839 | £22.002 | 29 July 2015 | 7,659 |
The transfer of the beneficial interest in the Shares by the Trustee to Emma Fitzgerald and the subsequent sale of such Shares (as disclosed above) was notified to the Company by Emma Fitzgerald on 29 July 2015 pursuant to Disclosure Rule 3.1.2R of the Disclosure and Transparency Rules.
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