REG - Severn Trent PLC - OPTIONS AWARDED UNDER THE STPlc SHARESAVE SCHEME

Severn TrentAnnouncement

02/01/2020 13:15

RNS Number : 5797Y
Severn Trent PLC
02 January 2020
 


OPTIONS AWARDED UNDER THE SEVERN TRENT PLC SHARESAVE SCHEME TO PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
Severn Trent Plc (the "Company") has been informed that, on 2 January 2020, options were granted under the Company's approved Sharesave Scheme to eligible employees including the following PDMRs:




Name
 


Position
 


Number of shares over which option is granted
 


Date of Grant
 


Period during which or date on which it can be exercised
 


Exercise price
 




Dr James Jesic
 


PDMR


201


2-Jan-20


6 months from 01-May-23


£17.87
 
 




Neil Morrison


PDMR


503


2-Jan-20


6 months from 01-May-23


£17.87
 
 




Dr Bob Stear


PDMR


503


2-Jan-20


6 months from 01-May-25


£17.87
 
 




 
The grant of the above options was notified to the Company by the PDMRs set out above on 2 January 2020.
The attached notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.
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


Dr 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
Identification code


Ordinary Shares of 97 17/19 pence each in Severn Trent Plc
Identification code for Severn Trent Plc shares: GB00B1FH8J72




b)


Nature of the transaction


Grant of options to acquire shares under the Severn Trent Plc Sharesave Scheme.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




£17.87


201 SHARES




 
 




d)


Aggregated information
- Aggregated volume
- Price


N/A (single transaction)




e)


Date of the transaction


2020-01-02




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)




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
Identification code


Ordinary Shares of 97 17/19 pence each in Severn Trent Plc
Identification code for Severn Trent Plc shares: GB00B1FH8J72




b)


Nature of the transaction


Grant of options to acquire shares under the Severn Trent Plc Sharesave Scheme.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




£17.87


503 SHARES




 
 




d)


Aggregated information
- Aggregated volume
- Price


N/A (single transaction)




e)


Date of the transaction


2020-01-02




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)




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


Dr Bob 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
Identification code


Ordinary Shares of 97 17/19 pence each in Severn Trent Plc
Identification code for Severn Trent Plc shares: GB00B1FH8J72




b)


Nature of the transaction


Grant of options to acquire shares under the Severn Trent Plc Sharesave Scheme.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




£17.87


503 SHARES




 
 




d)


Aggregated information
- Aggregated volume
- Price


N/A (single transaction)




e)


Date of the transaction


2020-01-02




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)




 




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