REG - Severn Trent PLC - Director/PDMR Shareholding

Severn TrentAnnouncement

09/06/2022 16:00

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RNS Number : 3737O  Severn Trent PLC  09 June 2022

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.

 

On 8 June 2022, Severn Trent Plc granted awards over 215,103 Ordinary Shares
under the terms of the Severn Trent Plc Long Term Incentive Plan 2021 (the
"Plan") in line with the Directors' Remuneration Policy approved by
shareholders at the Company's 2021 Annual General Meeting, including awards
over 138,705 Ordinary Shares to Directors and Persons Discharging Managerial
Responsibility ("PDMR") of the Company as set out below.

 

 Name          Status    No. of LTIP Shares Subject to Award

 O R Garfield  Director  52,951
 J Bowling     Director  23,934
 S Anderson    PDMR      10,467
 J Burditt     PDMR      6,106
 J Jesic       PDMR      12,561
 H Miles       PDMR      15,102
 N Morrison    PDMR      11,304
 R Stear       PDMR      6,280

 

These Ordinary Shares will vest on 24 July 2025, depending on the achievement
of performance targets and service with the Company.  No consideration was
paid for the grant of these awards and no payment is due on the release of any
shares.  The share price used to calculate these awards was based on the
average of the mid-market price for an Ordinary Share in the Company over 1, 6
and 7 June 2022.

The Remuneration Committee has the discretion to make downward or upward
adjustments to the Vesting resulting from the application of the Performance
Conditions if the Remuneration Committee believes that the outcomes are not a
fair and accurate reflection of overall financial and operational performance,
this includes consideration of any windfall gains resulting from share price
volatility.

The following notifications, made in accordance with the requirements of the
EU Market Abuse Regulation, give further detail.

 

For further information please contact:

Rachel Martin, Head of Investor Relations +44 (0) 782 462 4011

www.severntrent.com (http://www.severntrent.com)

 

 

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  Ordinary Shares of 97 17/19 pence each in Severn Trent Plc

     Identification code                                          Identification code for Severn Trent Plc shares: GB00B1FH8J72
 b)  Nature of the transaction                                    Grant of conditional award under the Severn Trent Long Term Incentive Plan
                                                                  2021
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       52,951
 d)  Aggregated information                                       n/a (single transaction)

     - Aggregated volume
 

     - Price
 e)  Date of the transaction                                      2022-06-08
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

   n/a (single transaction)

 

e)

Date of the transaction

2022-06-08

f)

Place of the transaction

Outside a trading venue

 

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  Ordinary Shares of 97 17/19 pence each in Severn Trent Plc

     Identification code                                          Identification code for Severn Trent Plc shares: GB00B1FH8J72
 b)  Nature of the transaction                                    Grant of conditional award under the Severn Trent Long Term Incentive Plan
                                                                  2021
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       23,934
 d)  Aggregated information                                       n/a (single transaction)

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2022-06-08
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

n/a (single transaction)

e)

Date of the transaction

2022-06-08

f)

Place of the transaction

Outside a trading venue

 

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                                                         Shane Anderson
 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  Ordinary Shares of 97 17/19 pence each in Severn Trent Plc

     Identification code                                          Identification code for Severn Trent Plc shares: GB00B1FH8J72
 b)  Nature of the transaction                                    Grant of conditional award under the Severn Trent Long Term Incentive Plan
                                                                  2021
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       10,467
 d)  Aggregated information                                       n/a (single transaction)

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2022-06-08
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

n/a (single transaction)

e)

Date of the transaction

2022-06-08

f)

Place of the transaction

Outside a trading venue

 

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                                                         Judith Burditt
 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  Ordinary Shares of 97 17/19 pence each in Severn Trent Plc

     Identification code                                          Identification code for Severn Trent Plc shares: GB00B1FH8J72
 b)  Nature of the transaction                                    Grant of conditional award under the Severn Trent Long Term Incentive Plan
                                                                  2021
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       6,106
 d)  Aggregated information                                       n/a (single transaction)

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2022-06-08
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

n/a (single transaction)

e)

Date of the transaction

2022-06-08

f)

Place of the transaction

Outside a trading venue

 

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  Ordinary Shares of 97 17/19 pence each in Severn Trent Plc

     Identification code                                          Identification code for Severn Trent Plc shares: GB00B1FH8J72
 b)  Nature of the transaction                                    Grant of conditional award under the Severn Trent Long Term Incentive Plan
                                                                  2021
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       12,561
 d)  Aggregated information                                       n/a (single transaction)

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2022-06-08
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

n/a (single transaction)

e)

Date of the transaction

2022-06-08

f)

Place of the transaction

Outside a trading venue

 

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  Ordinary Shares of 97 17/19 pence each in Severn Trent Plc

     Identification code                                          Identification code for Severn Trent Plc shares: GB00B1FH8J72
 b)  Nature of the transaction                                    Grant of conditional award under the Severn Trent Long Term Incentive Plan
                                                                  2021
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       15,102
 d)  Aggregated information                                       n/a (single transaction)

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2022-06-08
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

n/a (single transaction)

e)

Date of the transaction

2022-06-08

f)

Place of the transaction

Outside a trading venue

 

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  Ordinary Shares of 97 17/19 pence each in Severn Trent Plc

     Identification code                                          Identification code for Severn Trent Plc shares: GB00B1FH8J72
 b)  Nature of the transaction                                    Grant of conditional award under the Severn Trent Long Term Incentive Plan
                                                                  2021
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       11,304
 d)  Aggregated information                                       n/a (single transaction)

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2022-06-08
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

n/a (single transaction)

e)

Date of the transaction

2022-06-08

f)

Place of the transaction

Outside a trading venue

 

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                                                         Robert Stear
 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  Ordinary Shares of 97 17/19 pence each in Severn Trent Plc

     Identification code                                          Identification code for Severn Trent Plc shares: GB00B1FH8J72
 b)  Nature of the transaction                                    Grant of conditional award under the Severn Trent Long Term Incentive Plan
                                                                  2021
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       6,280
 d)  Aggregated information                                       n/a (single transaction)

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2022-06-08
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

n/a (single transaction)

e)

Date of the transaction

2022-06-08

f)

Place of the transaction

Outside a trading venue

 

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