29 Jun 2016 13:11
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.
Severn Trent Annual Bonus Scheme - 2016 Deferred Share Awards
On 28 June 2016 Severn Trent Plc (the "Company") granted deferred share awards totalling 65,442 Ordinary Shares of 97 17/19 pence each ("Ordinary Shares") in the Company, as procured by the Remuneration Committee on 20 May 2016 under the terms of the Severn Trent Annual Bonus Scheme, in respect of the year ended 31 March 2016, to the Directors and Persons Discharging Managerial Responsibilities ("PDMR") of the Company as set out below (the "PDMR Awards"). The Ordinary Shares will vest on the third anniversary of grant subject to continued employment.
Name | Status | No. of Deferred Shares Subject to Award |
A J Ballance | PDMR | 5,873 |
S Bentley | PDMR | 3,920 |
J Bowling | Director | 9,634 |
E Dickey | PDMR | 3,009 |
E FitzGerald | Director | 7,112 |
O R Garfield | Director | 16,260 |
M J Kane | PDMR | 6,740 |
B Kennedy | PDMR | 3,306 |
H Miles | PDMR | 3,430 |
A P Smith | PDMR | 6,158 |
The grant of the PDMR Awards was notified to the Company by the PDMRs set out above on 28 June 2016 pursuant to Disclosure Rule 3.1.2R of the Disclosure and Transparency Rules.
For further information please contact:
Ruban Chandran, Head of Investor Relations
07957 166 615
ruban.chandran@severntrent.co.uk
www.severntrent.com
Severn Trent (SVT)