REG - Severn Trent PLC - Director/PDMR Shareholding
07/06/2023 15:15
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RNS Number : 9958B Severn Trent PLC 07 June 2023
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 6 June 2023, Severn Trent Plc granted awards over 233,649 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 146,408 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 57,094
H Miles Director 26,477
S Anderson PDMR 13,238
J Burditt PDMR 6,584
S Cawley PDMR 5,148
D Dhillon PDMR 5,791
J Jesic PDMR 13,543
N Morrison PDMR 11,914
R Stear PDMR 6,619
These Ordinary Shares will vest on 27 July 2026, 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, 2
and 5 June 2023.
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 57,094
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2023-06-06
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a (single transaction)
e)
Date of the transaction
2023-06-06
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 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 26,477
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2023-06-06
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a (single transaction)
e)
Date of the transaction
2023-06-06
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 13,238
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2023-06-06
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a (single transaction)
e)
Date of the transaction
2023-06-06
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 6,584
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2023-06-06
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a (single transaction)
e)
Date of the transaction
2023-06-06
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 Stephanie Cawley
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 5,148
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2023-06-06
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a (single transaction)
e)
Date of the transaction
2023-06-06
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 Didar Dhillon
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 5,791
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2023-06-06
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a (single transaction)
e)
Date of the transaction
2023-06-06
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 13,543
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2023-06-06
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a (single transaction)
e)
Date of the transaction
2023-06-06
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 11,914
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2023-06-06
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a (single transaction)
e)
Date of the transaction
2023-06-06
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 6,619
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2023-06-06
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a (single transaction)
e)
Date of the transaction
2023-06-06
f)
Place of the transaction
Outside a trading venue
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