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REG - Severn Trent PLC - Director/PDMR Shareholding

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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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