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REG - Severn Trent PLC - Director/PDMR Shareholding

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RNS Number : 7345C  Severn Trent PLC  14 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.

 

Severn Trent Annual Bonus Scheme - 2023 Deferred Bonus Awards

 

Severn Trent Plc announces that, on 13 June 2023, deferred bonus awards over
Ordinary Shares of 97 (17/19) pence each ("Ordinary Shares") in the Company
were granted to the Directors and Persons Discharging Managerial
Responsibilities ("PDMR") of the Company as set out below (the "PDMR Awards").

 

 Name          Status    No. of Shares Subject to Award
 O R Garfield  Director  6,521
 J Bowling     Director  3,930
 H Miles       Director  3,031
 S Anderson    PDMR      2,520
 J Burditt     PDMR      1,074
 D Dhillon     PDMR      463
 J Jesic       PDMR      2,521
 N Morrison    PDMR      2,268
 R Stear       PDMR      1,890
 TOTAL

 

These awards were granted under the terms of the Severn Trent Annual Bonus
Scheme, in respect of the year ended 31 March 2023.

 

The Ordinary Shares will vest on the third anniversary of grant subject to
continued employment.  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 8, 9 and 12 June 2023.

 

The Remuneration Committee has the discretion to reduce the number of shares
subject to award before vesting or claw back shares acquired (or their
equivalent value) following vesting.

 

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 deferred share award under the Severn Trent Annual Bonus Scheme
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       6,521
 d)  Aggregated information                                       Not applicable - Single transaction

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2023-06-13
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - Single transaction

 

e)

Date of the transaction

2023-06-13

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 deferred share award under the Severn Trent Annual Bonus Scheme
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       3,930
 d)  Aggregated information                                       Not applicable - Single transaction

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2023-06-13
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - Single transaction

 

e)

Date of the transaction

2023-06-13

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 deferred share award under the Severn Trent Annual Bonus Scheme
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       3,031
 d)  Aggregated information                                       Not applicable - Single transaction

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2023-06-13
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - Single transaction

 

e)

Date of the transaction

2023-06-13

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 deferred share award under the Severn Trent Annual Bonus Scheme
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       2,520
 d)  Aggregated information                                       Not applicable - Single transaction

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2023-06-13
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - Single transaction

 

e)

Date of the transaction

2023-06-13

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 deferred share award under the Severn Trent Annual Bonus Scheme
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       1,074
 d)  Aggregated information                                       Not applicable - Single transaction

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2023-06-13
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - Single transaction

 

e)

Date of the transaction

2023-06-13

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 deferred share award under the Severn Trent Annual Bonus Scheme
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       463
 d)  Aggregated information                                       Not applicable - Single transaction

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2023-06-13
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - Single transaction

 

e)

Date of the transaction

2023-06-13

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 deferred share award under the Severn Trent Annual Bonus Scheme
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       2,521
 d)  Aggregated information                                       Not applicable - Single transaction

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2023-06-13
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - Single transaction

 

e)

Date of the transaction

2023-06-13

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 deferred share award under the Severn Trent Annual Bonus Scheme
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       2,268
 d)  Aggregated information                                       Not applicable - Single transaction

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2023-06-13
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - Single transaction

 

e)

Date of the transaction

2023-06-13

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 deferred share award under the Severn Trent Annual Bonus Scheme
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                   Nil       1,890
 d)  Aggregated information                                       Not applicable - Single transaction

     - Aggregated volume

     - Price
 e)  Date of the transaction                                      2023-06-13
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - Single transaction

 

e)

Date of the transaction

2023-06-13

f)

Place of the transaction

Outside a trading venue

 

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