REG - Pennon Group PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">PNN.L</Origin> - Part 1

PennonAnnouncement

25/08/2017 12:35

RNS Number : 0367P
Pennon Group PLC
25 August 2017
Director/PDMR Shareholding
Pennon Group plc
Notification of transactions of persons discharging managerial responsibilities
The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.


1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
CHRISTOPHER LOUGHLIN
2
Reason for the notification
a)
Position/status
GROUP CHIEF EXECUTIVE OFFICER
b) 
Initial notification/Amendment
INITIAL NOTIFICATION
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a) 
Name 
PENNON GROUP PLC
b) 
LEI 
213800V1CCTS41GWH423
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 40.7p EACH
GB00B18V8630
b) 
Nature of the transaction
CONDITIONAL AWARD OF SHARES PURSUANT TO THE PENNON GROUP LONG-TERM INCENTIVE PLAN. THE AWARD VESTS AFTER A PERIOD OF THREE YEARS DEPENDENT UPON THE SATISFACTION OF SPECIFIED PERFORMANCE CRITERIA AND OTHER TERMS IN ACCORDANCE WITH THE PLAN. A FURTHER HOLDING PERIOD OF TWO YEARS APPLIES .
c) 
Price(s) and volume(s) 
Price(s) 
Volume(s)
802.7p
96,733
d) 
Aggregated information
- Volume
- Price
- Total 
96,733 SHARES
8.027 
776,475.00 
e) 
Date of the transaction
25 AUGUST 2017 
f) 
Place of the transaction 
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
SUSAN JANE DAVY
2
Reason for the notification
a)
Position/status
CHIEF FINANCIAL OFFICER
b) 
Initial notification/Amendment
INITIAL NOTIFICATION
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a) 
Name 
PENNON GROUP PLC
b) 
LEI 
213800V1CCTS41GWH423
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 40.7p EACH
GB00B18V8630
b) 
Nature of the transaction
CONDITIONAL AWARD OF SHARES PURSUANT TO THE PENNON GROUP LONG-TERM INCENTIVE PLAN. THE AWARD VESTS AFTER A PERIOD OF THREE YEARS DEPENDENT UPON THE SATISFACTION OF SPECIFIED PERFORMANCE CRITERIA AND OTHER TERMS IN ACCORDANCE WITH THE PLAN. A FURTHER HOLDING PERIOD OF TWO YEARS APPLIES .
c) 
Price(s) and volume(s) 
Price(s) 
Volume(s)
802.7p
73,972
d) 
Aggregated information
- Volume
- Price
- Total 
73,972 SHARES
8.027 
593,775.00 
e) 
Date of the transaction
25 AUGUST 2017 
f) 
Place of the transaction 
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
HELEN BARRETT-HAGUE
2
Reason for the notification
a)
Position/status
GROUP GENERAL COUNSEL & COMPANY SECRETARY
b) 
Initial notification/Amendment
INITIAL NOTIFICATION
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a) 
Name 
PENNON GROUP PLC
b) 
LEI 
213800V1CCTS41GWH423
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 40.7p EACH
GB00B18V8630
b) 
Nature of the transaction
CONDITIONAL AWARD OF SHARES PURSUANT TO THE PENNON GROUP LONG-TERM INCENTIVE PLAN. THE AWARD VESTS AFTER A PERIOD OF THREE YEARS DEPENDENT UPON THE SATISFACTION OF SPECIFIED PERFORMANCE CRITERIA AND OTHER TERMS IN ACCORDANCE WITH THE PLAN. A FURTHER HOLDING PERIOD OF TWO YEARS APPLIES .
c) 
Price(s) and volume(s) 
Price(s) 
Volume(s)
802.7p
26,162
d) 
Aggregated information
- Volume
- Price
- Total 
26,162 SHARES
8.027 
210,000.00 
e) 
Date of the transaction
25 AUGUST 2017 
f) 
Place of the transaction 
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
STEPHEN CHARLES BIRD
2
Reason for the notification
a)
Position/status
MANAGING DIRECTOR, SOUTH WEST WATER
b) 
Initial notification/Amendment
INITIAL NOTIFICATION
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a) 
Name 
PENNON GROUP PLC
b) 
LEI 
213800V1CCTS41GWH423
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 40.7p EACH
GB00B18V8630
b) 
Nature of the transaction
CONDITIONAL AWARD OF SHARES PURSUANT TO THE PENNON GROUP LONG-TERM INCENTIVE PLAN. THE AWARD VESTS AFTER A PERIOD OF THREE YEARS DEPENDENT UPON THE SATISFACTION OF SPECIFIED PERFORMANCE CRITERIA AND OTHER TERMS IN ACCORDANCE WITH THE PLAN. A FURTHER HOLDING PERIOD OF TWO YEARS APPLIES .
c) 
Price(s) and volume(s) 
Price(s) 
Volume(s)
802.7p
30,348
d) 
Aggregated information
- Volume
- Price
- Total 
30,348 SHARES
8.027 
243,600.00 
e) 
Date of the transaction
25 AUGUST 2017 
f) 
Place of the transaction 
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
PHILLIP CHARLES PIDDINGTON
2
Reason for the notification
a)
Position/status
MANAGING DIRECTOR, VIRIDOR
b) 
Initial notification/Amendment
INITIAL NOTIFICATION
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a) 
Name 
PENNON GROUP PLC
b) 
LEI 
213800V1CCTS41GWH423
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 40.7p EACH
GB00B18V8630
b) 
Nature of the transaction
CONDITIONAL AWARD OF SHARES PURSUANT TO THE PENNON GROUP LONG-TERM INCENTIVE PLAN. THE AWARD VESTS AFTER A PERIOD OF THREE YEARS DEPENDENT UPON THE SATISFACTION OF SPECIFIED PERFORMANCE CRITERIA AND OTHER TERMS IN ACCORDANCE WITH THE PLAN. A FURTHER HOLDING PERIOD OF TWO YEARS APPLIES .
c) 
Price(s) and volume(s) 
Price(s) 
Volume(s)
802.7p
30,980
d) 
Aggregated information
- Volume
- Price
- Total 
30,980 SHARES
8.027 
248,675.00 
e) 
Date of the transaction
25 AUGUST 2017 
f) 
Place of the transaction 
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
ADELE LEE BARKER
2
Reason for the notification
a)
Position/status
DIRECTOR OF HUMAN RESOURCES
b) 
Initial notification/Amendment
INITIAL NOTIFICATION
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a) 
Name 
PENNON GROUP PLC
b) 
LEI 
213800V1CCTS41GWH423
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 40.7p EACH
GB00B18V8630
b) 
Nature of the transaction
CONDITIONAL AWARD OF SHARES PURSUANT TO THE PENNON GROUP LONG-TERM INCENTIVE PLAN. THE AWARD VESTS AFTER A PERIOD OF THREE YEARS DEPENDENT UPON THE SATISFACTION OF SPECIFIED PERFORMANCE CRITERIA AND OTHER TERMS IN ACCORDANCE WITH THE PLAN. A FURTHER HOLDING PERIOD OF TWO YEARS APPLIES .
c) 
Price(s) and volume(s) 
Price(s) 
Volume(s)
802.7p
14,015
d) 
Aggregated information
- Volume
- Price
- Total 
14,015 SHARES
8.027 
112,500.00 
e) 
Date of the transaction
25 AUGUST 2017 
f) 
Place of the transaction 
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
SARAH HEALD
2
Reason for the notification
a)
Position/status
DIRECTOR OF CORPORATE AFFAIRS & INVESTOR RELATIONS
b) 
Initial notification/Amendment
INITIAL NOTIFICATION
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a) 
Name 
PENNON GROUP PLC
b) 
LEI 
213800V1CCTS41GWH423
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 40.7p EACH
GB00B18V8630
b) 
Nature of the transaction
CONDITIONAL AWARD OF SHARES PURSUANT TO THE PENNON GROUP LONG-TERM INCENTIVE PLAN. THE AWARD VESTS AFTER A PERIOD OF THREE YEARS DEPENDENT UPON THE SATISFACTION OF SPECIFIED PERFORMANCE CRITERIA AND OTHER TERMS IN ACCORDANCE WITH THE PLAN. A FURTHER HOLDING PERIOD OF TWO YEARS APPLIES .
c) 
Price(s) and volume(s) 
Price(s) 
Volume(s)
802.7p
11,679
d) 
Aggregated information
- Volume
- Price
- Total 
11,679 SHARES
8.027 
93,750.00 
e) 
Date of the transaction
25 AUGUST 2017 
f) 
Place of the transaction 
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
STEPHEN PAUL HOLMES
2
Reason for the notification
a)
Position/status
DIRECTOR OF SHEQS
b) 
Initial notification/Amendment
INITIAL NOTIFICATION
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a) 
Name 
PENNON GROUP PLC
b) 
LEI 
213800V1CCTS41GWH423
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 40.7p EACH
GB00B18V8630
b) 
Nature of the transaction
CONDITIONAL AWARD OF SHARES PURSUANT TO THE PENNON GROUP LONG-TERM INCENTIVE PLAN. THE AWARD VESTS AFTER A PERIOD OF THREE YEARS DEPENDENT UPON THE SATISFACTION OF SPECIFIED PERFORMANCE CRITERIA AND OTHER TERMS IN ACCORDANCE WITH THE PLAN. A FURTHER HOLDING PERIOD OF TWO YEARS APPLIES .
c) 
Price(s) and volume(s) 
Price(s) 
Volume(s)
802.7p
11,212
d) 
Aggregated information
- Volume
- Price
- Total 
11,212 SHARES
8.027 
90,000.00 
e) 
Date of the transaction
25 AUGUST 2017 
f) 
Place of the transaction 
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
EDWARD JAMES ALFRED KIRKLAND MITCHELL
2
Reason for the notification
a)
Position/status
DIRECTOR OF ENVIRONMENT
b) 
Initial notification/Amendment
INITIAL NOTIFICATION
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a) 
Name 
PENNON GROUP PLC
b) 
LEI 
213800V1CCTS41GWH423
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 40.7p EACH
GB00B18V8630
b) 
Nature of the transaction
CONDITIONAL AWARD OF SHARES PURSUANT TO THE PENNON GROUP LONG-TERM INCENTIVE PLAN. THE AWARD VESTS AFTER A PERIOD OF THREE YEARS DEPENDENT UPON THE SATISFACTION OF SPECIFIED PERFORMANCE CRITERIA AND OTHER TERMS IN ACCORDANCE WITH THE PLAN. A FURTHER HOLDING PERIOD OF TWO YEARS APPLIES .
c) 
Price(s) and volume(s) 
Price(s) 
Volume(s)
802.7p
14,015
d) 
Aggregated information
- Volume
- Price
- Total 
14,015 SHARES
8.027 
112,500.00 
e) 
Date of the transaction
25 AUGUST 2017 
f) 
Place of the transaction 
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
PAUL MICHAEL RINGHAM
2
Reason for the notification
a)
Position/status
COMMERCIAL DIRECTOR, VIRIDOR
b) 
Initial notification/Amendment
INITIAL NOTIFICATION
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a) 
Name 
PENNON GROUP PLC
b) 
LEI 
213800V1CCTS41GWH423
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 40.7p EACH
GB00B18V8630
b) 
Nature of the transaction
CONDITIONAL AWARD OF SHARES PURSUANT TO THE PENNON GROUP LONG-TERM INCENTIVE PLAN. THE AWARD VESTS AFTER A PERIOD OF THREE YEARS DEPENDENT UPON THE SATISFACTION OF SPECIFIED PERFORMANCE CRITERIA AND OTHER TERMS IN ACCORDANCE WITH THE PLAN. A FURTHER HOLDING PERIOD OF TWO YEARS APPLIES .
c) 
Price(s) and volume(s) 
Price(s) 
Volume(s)
802.7p
24,480
d) 
Aggregated information
- Volume
- Price
- Total 
24,480 SHARES
8.027 
196,504.00 
e) 
Date of the transaction
25 AUGUST 2017 
f) 
Place of the transaction 
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
COLIN ROBERT TAYLOR
2
Reason for the notification
a)
Position/status
OPERATIONS DIRECTOR, DRINKING WATER SERVICES, SOUTH WEST WATER
b) 
Initial notification/Amendment
INITIAL NOTIFICATION
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a) 
Name 
PENNON GROUP PLC
b) 
LEI 
213800V1CCTS41GWH423
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 40.7p EACH
GB00B18V8630
b) 
Nature of the transaction
CONDITIONAL AWARD OF SHARES PURSUANT TO THE PENNON GROUP LONG-TERM INCENTIVE PLAN. THE AWARD VESTS AFTER A PERIOD OF THREE YEARS DEPENDENT UPON THE SATISFACTION OF SPECIFIED PERFORMANCE CRITERIA AND OTHER TERMS IN ACCORDANCE WITH THE PLAN. A FURTHER HOLDING PERIOD OF TWO YEARS APPLIES .
c) 
Price(s) and volume(s) 
Price(s) 
Volume(s)
802.7p
11,960
d) 
Aggregated information
- Volume
- Price
- Total 
11,960 SHARES
8.027 
96,000.00 
e) 
Date of the transaction
25 AUGUST 2017 
f) 
Place of the transaction 
London Stock Exchange (XLON)
Name of authorised official of issuer responsible for making notification
MRS HELEN BARRETT-HAGUE, GROUP GENERAL COUNSEL & COMPANY SECRETARY
Date of notification 25 AUGUST 2017

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