REG - Severn Trent PLC - Director/PDMR Shareholding
28/07/2025 17:00
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250728:nRSb8630Sa&default-theme=true
RNS Number : 8630S Severn Trent PLC 28 July 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 UK Market Abuse Regulation.
Vesting of Shares under the Long Term Incentive Plan 2021 ("LTIP")
On 25 July 2025, the following Directors and PDMRs received a transfer of
Shares from the Company (which it held as treasury shares) for nil
consideration on the vesting of awards made under the LTIP in 2022, and
subsequently sold Shares in order to cover tax and national insurance
liabilities:
Director / PDMR (date of award) Number of conditional shares awarded Number of shares released to PDMR* Number of shares sold to cover tax liability Price at which shares sold Net number of shares acquired
O Garfield 52,951 59,973 28,287 2673.41p 31,686
Director
(08.06.22)
H Miles 15,102 17,103 8,067 2673.41p 9,036
Director
(08.06.22)
S Anderson 10,467 11,853 5,591 2673.41p 6,262
PDMR
(08.06.22)
J Burditt 6,106 6,914 3,262 2673.41p 3,652
PDMR
(08.06.22)
S Cawley 1,772 2,003 945 2673.41p 1,058
PDMR
(08.06.22)
J Jesic 12,561 14,224 6,709 2673.41p 7,515
PDMR
(08.06.22)
N Morrison 11,304 12,801 6,038 2673.41p 6,763
PDMR
(08.06.22)
R Stear 6,280 7,110 3,354 2673.41p 3,756
PDMR
(08.06.22)
*The number of shares released includes additional shares calculated to
reflect dividends declared during the period from grant until vesting, in
accordance with the LTIP rules.
The 2022 LTIP award made under the 2021 Remuneration Policy included a stretch
award comparative element to Return on Regulatory Equity ('RoRE'), measured by
Upper Quartile ('UQ') comparison against other Water and Sewerage Companies
('WaSCs'). As all WaSCs have now published their Annual Performance Reports,
it has been determined that Severn Trent's three-year average RoRE during the
performance period was UQ, meaning awards vested in full at 100%.
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 conditional award granted under the
LTIP in 2022 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 LTIP Nil 59,973
Sale of shares to cover tax and NI liabilities
£26.7341 28,287
d) Aggregated information Acquisition: Volume 59,973 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 28,287 / Price GBP £26.7341
- Price
e) Date of the transaction 2025-07-25
f) Place of the transaction Outside a trading venue / London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Acquisition: Volume 59,973 / Price GBP Nil
Tax/NI Sale: Volume 28,287 / Price GBP £26.7341
e)
Date of the transaction
2025-07-25
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 conditional award granted under the
LTIP in 2022 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 LTIP Nil 17,103
Sale of shares to cover tax and NI liabilities
£26.7341 8,067
d) Aggregated information Acquisition: Volume 17,103 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 8,067 / Price GBP £26.7341
- Price
e) Date of the transaction 2025-07-25
f) Place of the transaction Outside a trading venue / London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Acquisition: Volume 17,103 / Price GBP Nil
Tax/NI Sale: Volume 8,067 / Price GBP £26.7341
e)
Date of the transaction
2025-07-25
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 conditional award granted under the
LTIP in 2022 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 LTIP Nil 11,853
Sale of shares to cover tax and NI liabilities
£26.7341 5,591
d) Aggregated information Acquisition: Volume 11,853 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 5,591 / Price GBP £26.7341
- Price
e) Date of the transaction 2025-07-25
f) Place of the transaction Outside a trading venue / London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Acquisition: Volume 11,853 / Price GBP Nil
Tax/NI Sale: Volume 5,591 / Price GBP £26.7341
e)
Date of the transaction
2025-07-25
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 conditional award granted under the
LTIP in 2022 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 LTIP Nil 6,914
Sale of shares to cover tax and NI liabilities
£26.7341 3,262
d) Aggregated information Acquisition: Volume 6,914 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 3,262 / Price GBP £26.7341
- Price
e) Date of the transaction 2025-07-25
f) Place of the transaction Outside a trading venue / London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Acquisition: Volume 6,914 / Price GBP Nil
Tax/NI Sale: Volume 3,262 / Price GBP £26.7341
e)
Date of the transaction
2025-07-25
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 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 Acquisition of shares on the vesting of a conditional award granted under the
LTIP in 2022 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 LTIP Nil 2,003
Sale of shares to cover tax and NI liabilities
£26.7341 945
d) Aggregated information Acquisition: Volume 2,003 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 945 / Price GBP £26.7341
- Price
e) Date of the transaction 2025-07-25
f) Place of the transaction Outside a trading venue / London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Acquisition: Volume 2,003 / Price GBP Nil
Tax/NI Sale: Volume 945 / Price GBP £26.7341
e)
Date of the transaction
2025-07-25
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 conditional award granted under the
LTIP in 2022 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 LTIP Nil 14,224
Sale of shares to cover tax and NI liabilities
£26.7341 6,709
d) Aggregated information Acquisition: Volume 14,224 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 6,709 / Price GBP £26.7341
- Price
e) Date of the transaction 2025-07-25
f) Place of the transaction Outside a trading venue / London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Acquisition: Volume 14,224 / Price GBP Nil
Tax/NI Sale: Volume 6,709 / Price GBP £26.7341
e)
Date of the transaction
2025-07-25
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 conditional award granted under the
LTIP in 2022 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 LTIP Nil 12,801
Sale of shares to cover tax and NI liabilities
£26.7341 6,038
d) Aggregated information Acquisition: Volume 12,801 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 6,038 / Price GBP £26.7341
- Price
e) Date of the transaction 2025-07-25
f) Place of the transaction Outside a trading venue / London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Acquisition: Volume 12,801 / Price GBP Nil
Tax/NI Sale: Volume 6,038 / Price GBP £26.7341
e)
Date of the transaction
2025-07-25
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 conditional award granted under the
LTIP in 2022 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 LTIP Nil 7,110
Sale of shares to cover tax and NI liabilities
£26.7341 3,354
d) Aggregated information Acquisition: Volume 7,110 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 3,354 / Price GBP £26.7341
- Price
e) Date of the transaction 2025-07-25
f) Place of the transaction Outside a trading venue / London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Acquisition: Volume 7,110 / Price GBP Nil
Tax/NI Sale: Volume 3,354 / Price GBP £26.7341
e)
Date of the transaction
2025-07-25
f)
Place of the transaction
Outside a trading venue / London Stock Exchange, Main Market (XLON)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHPKFBQPBKDBOBRecent news on Severn Trent
See all newsREG - Severn Trent PLC - Director/PDMR Shareholding
AnnouncementREG - Severn Trent PLC - Total Voting Rights
AnnouncementREG - Severn Trent PLC - Director/PDMR Shareholding
AnnouncementREG - Severn Trent PLC - Publication of Supplementary Prospectus
AnnouncementREG - Severn Trent PLC - Severn Trent Plc Publication of a Prospectus
Announcement