For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240208:nRSH5255Ca&default-theme=true
RNS Number : 5255C Pennon Group PLC 08 February 2024
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 STEVEN BUCK
2 Reason for the notification
a) Position/status GROUP 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 ORDINARY SHARES OF 61.05p EACH
Identification code
GB00BNNTLN49
b) Nature of the transaction As part of Mr Buck's joining arrangements, a conditional award of shares
pursuant to the Pennon Group Long Term Incentive Plan has been awarded. Full
details will be disclosed in the Annual Report and Accounts 2024.
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 also applies.
c) Price(s) and volume(s) Price(s) Volume(s)
£7.142 98,711
d) Aggregated information
N/A
- Volume
- Price
e) Date of the transaction 08 February 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Volume
- Price
N/A
e)
Date of the transaction
08 February 2024
f)
Place of the transaction
Outside a trading venue
Name of authorised official of issuer responsible for making notification
ANDREW GARARD, GROUP GENERAL COUNSEL AND COMPANY SECRETARY
Date of notification 08 February 2024
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHQKFBDBBKDNBK