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REG - Severn Trent PLC - Director/PDMR Shareholding

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RNS Number : 2452N  Severn Trent PLC  17 June 2025

 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 ("ABS")

 

On 16 June 2025, following an instruction by the Trustee of the Company's
Employee Share Ownership Trust (the "Trustee"), Directors and PDMRs received a
transfer of shares into their nominee CREST accounts for nil consideration on
the vesting of deferred share awards made under the ABS in 2022*.  A sale of
shares to cover tax liabilities completed the same day, as follows:

 

 Director / PDMR    Number of deferred shares awarded  Number of shares released**  Number of shares sold***  Price at which shares sold  Net number of shares acquired

 (date of award)
 O Garfield         12,734                             14,421                       6,802                     2694.87p                    7,619

 Director

 (14.06.22)
 H Miles            6,053                              6,854                        3,233                     2694.87p                    3,621

 Director

 (14.06.22)
 S Anderson         4,195                              4,748                        2,240                     2694.87p                    2,508

 PDMR

 (14.06.22)
 J Burditt          874                                986                          466                       2694.87p                    520

 PDMR

 (14.06.22)
 J Jesic            5,034                              5,700                        2,689                     2694.87p                    3,011

 PDMR

 (14.06.22)
 N Morrison         4,312                              4,882                        2,303                     2694.87p                    2,579

 PDMR

 (14.06.22)
 R Stear            3,775                              4,273                        2,016                     2694.87p                    2,257

 PDMR

 (14.06.22)

 

*Where an Executive Director shareholding requirement applies, shares were
transferred to the Trustee.

**The number of shares released includes additional shares calculated to
reflect dividends declared during the period from grant until vesting, 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 retain their balance shares.

 

The Company wishes to announce in accordance with DTR 3.1 and Article 19 of
the UK Market Abuse Regulation the following notifications by persons
discharging managerial responsibility.

 

For further information please contact:

 

Nicola Whitehouse, Head of Investor Relations

+44 (0) 7484 508 198

 

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

 

 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 2022 deferred share award granted
                                                                  under the Annual Bonus Scheme and sale of shares to cover tax and national
                                                                  insurance liabilities. Certificate for balance shares issued and transferred
                                                                  to the Severn Trent Plc Employee Share Ownership Trust under shareholding
                                                                  arrangements.  No change in beneficial ownership.
 c)  Price(s) and volume(s)                                       Price(s)    Volume(s)
                                                                  Acquisition of shares on  vesting of ABS award    Nil         14,421

                                                                  Sale of shares to cover tax and NI liabilities

                                                                                           £26.9487    6,802
 d)  Aggregated information                                       Acquisition:  Volume 14,421 / Price GBP Nil

     - Aggregated volume                                          Tax/NI Sale:  Volume 6,802 / Price GBP £26.9487

     - Price
 e)  Date of the transaction                                      Acquisition 2025-06-16 / Sale 2025-06-16
 f)  Place of the transaction                                     Outside a trading venue / London Stock Exchange, Main Market (XLON)

d)

Aggregated information

- Aggregated volume

- Price

Acquisition:  Volume 14,421 / Price GBP Nil

Tax/NI Sale:  Volume 6,802 / Price GBP £26.9487

e)

Date of the transaction

Acquisition 2025-06-16 / Sale 2025-06-16

f)

Place of the transaction

Outside a trading venue / London Stock Exchange, Main Market (XLON)

 

 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                                    Acquisition of shares on the vesting of a 2022 deferred share award granted
                                                                  under the Annual Bonus Scheme and sale of shares to cover tax and national
                                                                  insurance liabilities.  Balance shares transferred to nominee CREST account
                                                                  with no change in beneficial ownership.
 c)  Price(s) and volume(s)                                       Price(s)    Volume(s)
                                                                  Acquisition of shares on  vesting of ABS award    Nil         6,854

                                                                  Sale of shares to cover tax and NI liabilities

                                                                                           £26.9487    3,233

 d)  Aggregated information                                       Acquisition:  Volume 6,584 / Price GBP Nil

     - Aggregated volume                                          Tax/NI Sale:  Volume 3,233 / Price GBP £26.9487

     - Price
 e)  Date of the transaction                                      Acquisition 2025-06-16 / Sale 2025-06-16
 f)  Place of the transaction                                     Outside a trading venue / London Stock Exchange, Main Market (XLON)

d)

Aggregated information

- Aggregated volume

- Price

Acquisition:  Volume 6,584 / Price GBP Nil

Tax/NI Sale:  Volume 3,233 / Price GBP £26.9487

e)

Date of the transaction

Acquisition 2025-06-16 / Sale 2025-06-16

f)

Place of the transaction

Outside a trading venue / London Stock Exchange, Main Market (XLON)

 

 

 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                                    Acquisition of shares on the vesting of a 2022 deferred share award granted
                                                                  under the Annual Bonus Scheme and sale of shares to cover tax and national
                                                                  insurance liabilities.  Balance shares transferred to nominee CREST account
                                                                  with no change in beneficial ownership.
 c)  Price(s) and volume(s)                                       Price(s)    Volume(s)
                                                                  Acquisition of shares on  vesting of ABS award    Nil         4,748

                                                                  Sale of shares to cover tax and NI liabilities

                                                                                           £26.9487    2,240
 d)  Aggregated information                                       Acquisition:  Volume 4,748 / Price GBP Nil

     - Aggregated volume                                          Tax/NI Sale:  Volume 2,240 / Price GBP £26.9487

     - Price
 e)  Date of the transaction                                      Acquisition 2025-06-16 / Sale 2025-06-16
 f)  Place of the transaction                                     Outside a trading venue / London Stock Exchange, Main Market (XLON)

d)

Aggregated information

- Aggregated volume

- Price

Acquisition:  Volume 4,748 / Price GBP Nil

Tax/NI Sale:  Volume 2,240 / Price GBP £26.9487

e)

Date of the transaction

Acquisition 2025-06-16 / Sale 2025-06-16

f)

Place of the transaction

Outside a trading venue / London Stock Exchange, Main Market (XLON)

 

 

 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                                    Acquisition of shares on the vesting of a 2022 deferred share award granted
                                                                  under the Annual Bonus Scheme and sale of shares to cover tax and national
                                                                  insurance liabilities.  Balance shares transferred to nominee CREST account
                                                                  with no change in beneficial ownership.
 c)  Price(s) and volume(s)                                       Price(s)    Volume(s)
                                                                  Acquisition of shares on                          Nil         986

                                                                  vesting of ABS award

                                                                  Sale of shares to cover tax and NI liabilities    £26.9487    466

 d)  Aggregated information                                       Acquisition:  Volume 986 / Price GBP Nil

     - Aggregated volume                                          Tax/NI Sale:  Volume 466 / Price GBP £26.9487

     - Price
 e)  Date of the transaction                                      Acquisition 2025-06-16 / Sale 2025-06-16
 f)  Place of the transaction                                     Outside a trading venue / London Stock Exchange, Main Market (XLON)

d)

Aggregated information

- Aggregated volume

- Price

Acquisition:  Volume 986 / Price GBP Nil

Tax/NI Sale:  Volume 466 / Price GBP £26.9487

e)

Date of the transaction

Acquisition 2025-06-16 / Sale 2025-06-16

f)

Place of the transaction

Outside a trading venue / London Stock Exchange, Main Market (XLON)

 

 

 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 2022 deferred share award granted
                                                                  under the Annual Bonus Scheme and sale of shares to cover tax and national
                                                                  insurance liabilities.  Balance shares transferred to nominee CREST account
                                                                  with no change in beneficial ownership.
 c)  Price(s) and volume(s)                                       Price(s)    Volume(s)
                                                                  Acquisition of shares on                          Nil         5,700

                                                                  vesting of ABS award

                                                                  Sale of shares to cover tax and NI liabilities    £26.9487    2,689
 d)  Aggregated information                                       Acquisition:  Volume 5,700 / Price GBP Nil

     - Aggregated volume                                          Tax/NI Sale:  Volume 2,689 / Price GBP £26.9487

     - Price
 e)  Date of the transaction                                      Acquisition 2025-06-16 / Sale 2025-06-16
 f)  Place of the transaction                                     Outside a trading venue / London Stock Exchange, Main Market (XLON)

d)

Aggregated information

- Aggregated volume

- Price

Acquisition:  Volume 5,700 / Price GBP Nil

Tax/NI Sale:  Volume 2,689 / Price GBP £26.9487

e)

Date of the transaction

Acquisition 2025-06-16 / Sale 2025-06-16

f)

Place of the transaction

Outside a trading venue / London Stock Exchange, Main Market (XLON)

 

 

 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 2022 deferred share award granted
                                                                  under the Annual Bonus Scheme and sale of shares to cover tax and national
                                                                  insurance liabilities. Balance shares transferred to nominee CREST account
                                                                  with no change in beneficial ownership.
 c)  Price(s) and volume(s)                                       Price(s)    Volume(s)
                                                                  Acquisition of shares on  vesting of ABS award    Nil         4,882

                                                                  Sale of shares to cover tax and NI liabilities

                                                                                           £26.9487    2,303
 d)  Aggregated information                                       Acquisition:  Volume 4,882 / Price GBP Nil

     - Aggregated volume                                          Tax/NI Sale:  Volume 2,303 / Price GBP £26.9487

     - Price
 e)  Date of the transaction                                      Acquisition 2025-06-16 / Sale 2025-06-16
 f)  Place of the transaction                                     Outside a trading venue / London Stock Exchange, Main Market (XLON)

d)

Aggregated information

- Aggregated volume

- Price

Acquisition:  Volume 4,882 / Price GBP Nil

Tax/NI Sale:  Volume 2,303 / Price GBP £26.9487

e)

Date of the transaction

Acquisition 2025-06-16 / Sale 2025-06-16

f)

Place of the transaction

Outside a trading venue / London Stock Exchange, Main Market (XLON)

 

 

 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 2022 deferred share award granted
                                                                  under the Annual Bonus Scheme and sale of shares to cover tax and national
                                                                  insurance liabilities.  Balance shares transferred to nominee CREST account
                                                                  with no change in beneficial ownership.
 c)  Price(s) and volume(s)                                       Price(s)    Volume(s)
                                                                  Acquisition of shares on  vesting of ABS award    Nil         4,273

                                                                  Sale of shares to cover tax and NI liabilities

                                                                                           £26.9487    2,016
 d)  Aggregated information                                       Acquisition:  Volume 4,273 / Price GBP Nil

     - Aggregated volume                                          Tax/NI Sale:  Volume 2,016 / Price GBP £26.9487

     - Price
 e)  Date of the transaction                                      Acquisition 2025-06-16 / Sale 2025-06-16
 f)  Place of the transaction                                     Outside a trading venue / London Stock Exchange, Main Market (XLON)

d)

Aggregated information

- Aggregated volume

- Price

Acquisition:  Volume 4,273 / Price GBP Nil

Tax/NI Sale:  Volume 2,016 / Price GBP £26.9487

e)

Date of the transaction

Acquisition 2025-06-16 / Sale 2025-06-16

f)

Place of the transaction

Outside a trading venue / London Stock Exchange, Main Market (XLON)

 

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