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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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