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RNS Number : 8046P Severn Trent PLC 22 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.
Vesting of Shares under the Severn Trent Annual Bonus Scheme 2019 ("ABS")
On 20 June 2022, 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 2019. A subsequent sale of shares to cover tax liabilities,
was completed on
20 June 2022 as follows:
Director / PDMR 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
(date of award)
O Garfield 12,159 13,627 6,599 2796.1743p 7,028
Director
(18.06.19)
J Bowling 7,326 8,209 3,975 2796.1743p 4,234
Director
(18.06.19)
J Jesic 1,719 1,924 932 2796.1743p 992
PDMR
(18.06.19)
B Kennedy 4,946 5,540 2,683 2796.1743p 2,857
PDMR
(18.06.19)
H Miles 5,492 6,153 2,980 2796.1743p 3,173
PDMR
(18.06.19)
N Morrison 2,060 2,306 1,117 2796.1743p 1,189
PDMR
(18.06.19)
R Stear 605 676 328 2796.1743p 348
PDMR
(18.06.19)
*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:
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 Acquisition of shares on the vesting of a 2019 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 Nil 13,627
Sale of shares to cover tax and NI liabilities £27.961743 6,599
d) Aggregated information Acquisition: Volume 13,627 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 6,599 / Price GBP £27.961743
- Price
e) Date of the transaction Acquisition 2022-06-20 / Sale 2022-06-20
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 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 Acquisition of shares on the vesting of a 2019 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 Nil 8,209
Sale of shares to cover tax and NI liabilities £27.961743 3,975
d) Aggregated information Acquisition: Volume 8,209 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 3,975 / Price GBP £27.961743
- Price
e) Date of the transaction Acquisition 2022-06-20 / Sale 2022-06-20
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 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 Acquisition of shares on the vesting of a 2019 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 Nil 1,924
Sale of shares to cover tax and NI liabilities £27.961743 932
d) Aggregated information Acquisition: Volume 1,924 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 932 / Price GBP £27.961743
- Price
e) Date of the transaction Acquisition 2022-06-20 / Sale 2022-06-20
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 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 Acquisition of shares on the vesting of a 2019 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 Nil 5,540
Sale of shares to cover tax and NI liabilities £27.961743 2,683
d) Aggregated information Acquisition: Volume 5,540 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 2,683 / Price GBP £27.961743
- Price
e) Date of the transaction Acquisition 2022-06-20 / Sale 2022-06-20
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 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 Acquisition of shares on the vesting of a 2019 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 Nil 6,153
Sale of shares to cover tax and NI liabilities £27.961743 2,980
d) Aggregated information Acquisition: Volume 6,153 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 2,980 / Price GBP £27.961743
- Price
e) Date of the transaction Acquisition 2022-06-20 / Sale 2022-06-20
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 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 Acquisition of shares on the vesting of a 2019 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 Nil 2,306
Sale of shares to cover tax and NI liabilities £27.961743 1,117
d) Aggregated information Acquisition: Volume 2,306 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 1,117 / Price GBP £27.961743
- Price
e) Date of the transaction Acquisition 2022-06-20 / Sale 2022-06-20
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 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 Acquisition of shares on the vesting of a 2019 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 Nil 676
Sale of shares to cover tax and NI liabilities £27.961743 328
d) Aggregated information Acquisition: Volume 676 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 328 / Price GBP £27.961743
- Price
e) Date of the transaction Acquisition 2022-06-20 / Sale 2022-06-20
f) Place of the transaction London Stock Exchange, Main Market (XLON)
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