REG - Severn Trent PLC - Director/PDMR Shareholding
LEI: 213800RPBXRETY4A4C59
Severn Trent Plc (the "Company") - Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons
This notification is made in accordance with the Market Abuse Regulation.
Vesting of Shares under the Severn Trent Annual Bonus Scheme 2018 ("ABS")
On 21 June 2021, following an instruction by the Trustee of the Severn Trent Plc Employee Share Ownership Trust, Directors and PDMRs received a transfer of Shares for nil consideration on the vesting of deferred share awards made under the ABS in 2018. A subsequent sale of shares to cover tax liabilities, was completed on 21 June 2021 as follows:
Director / PDMR
(date of award)
Number of deferred shares awarded
Number of shares released to PDMR*
Number of shares sold**
Price at which shares sold
Net number of shares acquired
O R Garfield
Director
(19.06.18)
13,394
15,162
7,152
2507.40p
8,010
J Bowling
Director
(19.06.18)
8,072
9,137
4,310
2507.40p
4,827
J Jesic
PDMR
(19.06.18)
808
913
431
2507.40p
482
B Kennedy
PDMR
(19.06.18)
5,467
6,186
2,918
2507.40p
3,268
H Miles
PDMR
(19.06.18)
6,033
6,828
3,221
2507.40p
3,607
N Morrison
PDMR
(19.06.18)
1,681
1,900
897
2507.40p
1,003
A P Smith
PDMR
(19.06.18)
6,908
7,820
3,689
2507.40p
4,131
*The number of shares released includes additional shares calculated to reflect dividends declared during the period from grant until transfer, in accordance with the ABS plan rules.
**The number of shares sold includes shares sold to cover associated tax and national insurance liabilities. All PDMRs elected to retain their balance shares.
The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.
For further information please contact:
Stuart Howell, Head of Investor Relations+44 (0)770 371 8361
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Olivia Garfield
2
Reason for the notification
a)
Position/status
Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Severn Trent Plc
b)
LEI
213800RPBXRETY4A4C59
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 97 17/19 pence each in Severn Trent Plc
Identification code for Severn Trent Plc shares: GB00B1FH8J72
b)
Nature of the transaction
Acquisition of shares on the vesting of a 2018 deferred share award granted under the Annual Bonus Scheme and sale of shares to cover tax and national insurance liabilities.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Acquisition of shares on vesting of ABS award
Sale of shares to cover tax and NI liabilities
Nil
£25.074
15,162
7,152
d)
Aggregated information
- Aggregated volume
- Price
Acquisition: Volume 15,162 / Price GBP Nil
Tax/NI Sale: Volume 7,152 / Price GBP £25.074
e)
Date of the transaction
Acquisition 2021-06-21 / Sale 2021-06-21
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
James Bowling
2
Reason for the notification
a)
Position/status
Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Severn Trent Plc
b)
LEI
213800RPBXRETY4A4C59
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 97 17/19 pence each in Severn Trent Plc
Identification code for Severn Trent Plc shares: GB00B1FH8J72
b)
Nature of the transaction
Acquisition of shares on the vesting of a 2018 deferred share award granted under the Annual Bonus Scheme and sale of shares to cover tax and national insurance liabilities.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Acquisition of shares on vesting of ABS award
Sale of shares to cover tax and NI liabilities
Nil
£25.074
9,137
4,310
d)
Aggregated information
- Aggregated volume
- Price
Acquisition: Volume 9,137 / Price GBP Nil
Tax/NI Sale: Volume 4,310 / Price GBP £25.074
e)
Date of the transaction
Acquisition 2021-06-21 / Sale 2021-06-21
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
James Jesic
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Severn Trent Plc
b)
LEI
213800RPBXRETY4A4C59
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 97 17/19 pence each in Severn Trent Plc
Identification code for Severn Trent Plc shares: GB00B1FH8J72
b)
Nature of the transaction
Acquisition of shares on the vesting of a 2018 deferred share award granted under the Annual Bonus Scheme and sale of shares to cover tax and national insurance liabilities.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Acquisition of shares on vesting of ABS award
Sale of shares to cover tax and NI liabilities
Nil
£25.074
913
431
d)
Aggregated information
- Aggregated volume
- Price
Acquisition: Volume 913 / Price GBP Nil
Tax/NI Sale: Volume 431 / Price GBP £25.074
e)
Date of the transaction
Acquisition 2021-06-21 / Sale 2021-06-21
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Bronagh Kennedy
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Severn Trent Plc
b)
LEI
213800RPBXRETY4A4C59
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 97 17/19 pence each in Severn Trent Plc
Identification code for Severn Trent Plc shares: GB00B1FH8J72
b)
Nature of the transaction
Acquisition of shares on the vesting of a 2018 deferred share award granted under the Annual Bonus Scheme and sale of shares to cover tax and national insurance liabilities.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Acquisition of shares on vesting of ABS award
Sale of shares to cover tax and NI liabilities
Nil
£25.074
6,186
2,918
d)
Aggregated information
- Aggregated volume
- Price
Acquisition: Volume 6,186 / Price GBP Nil
Tax/NI Sale: Volume 2,918 / Price GBP £25.074
e)
Date of the transaction
Acquisition 2021-06-21 / Sale 2021-06-21
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Helen Miles
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Severn Trent Plc
b)
LEI
213800RPBXRETY4A4C59
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 97 17/19 pence each in Severn Trent Plc
Identification code for Severn Trent Plc shares: GB00B1FH8J72
b)
Nature of the transaction
Acquisition of shares on the vesting of a 2018 deferred share award granted under the Annual Bonus Scheme and sale of shares to cover tax and national insurance liabilities.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Acquisition of shares on vesting of ABS award
Sale of shares to cover tax and NI liabilities
Nil
£25.074
6,828
3,221
d)
Aggregated information
- Aggregated volume
- Price
Acquisition: Volume 6,828 / Price GBP Nil
Tax/NI Sale: Volume 3,221 / Price GBP £25.074
e)
Date of the transaction
Acquisition 2021-06-21 / Sale 2021-06-21
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Neil Morrison
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Severn Trent Plc
b)
LEI
213800RPBXRETY4A4C59
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 97 17/19 pence each in Severn Trent Plc
Identification code for Severn Trent Plc shares: GB00B1FH8J72
b)
Nature of the transaction
Acquisition of shares on the vesting of a 2018 deferred share award granted under the Annual Bonus Scheme and sale of shares to cover tax and national insurance liabilities.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Acquisition of shares on vesting of ABS award
Sale of shares to cover tax and NI liabilities
Nil
£25.074
1,900
897
d)
Aggregated information
- Aggregated volume
- Price
Acquisition: Volume 1,900 / Price GBP Nil
Tax/NI Sale: Volume 897 / Price GBP £25.074
e)
Date of the transaction
Acquisition 2021-06-21 / Sale 2021-06-21
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Andrew Smith
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Severn Trent Plc
b)
LEI
213800RPBXRETY4A4C59
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 97 17/19 pence each in Severn Trent Plc
Identification code for Severn Trent Plc shares: GB00B1FH8J72
b)
Nature of the transaction
Acquisition of shares on the vesting of a 2018 deferred share award granted under the Annual Bonus Scheme and sale of shares to cover tax and national insurance liabilities.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Acquisition of shares on vesting of ABS award
Sale of shares to cover tax and NI liabilities
Nil
£25.074
7,820
3,689
d)
Aggregated information
- Aggregated volume
- Price
Acquisition: Volume 7,820 / Price GBP Nil
Tax/NI Sale: Volume 3,689 / Price GBP £25.074
e)
Date of the transaction
Acquisition 2021-06-21 / Sale 2021-06-21
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
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