REG - United Utilities Grp - Director/PDMR Shareholding
15/12/2023 16:15
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RNS Number : 0310X United Utilities Group PLC 15 December 2023
UNITED UTILITIES GROUP PLC
(the Company)
Classification - Director/PDMR Shareholding
Notification and public disclosure of transactions by persons discharging
managerial responsibilities (PDMRs) and persons closely associated with them
Conditional Awards (Awards) over 460,095 of the Company's ordinary shares were
granted to directors and PDMRs as set out below on 15 December 2023 in
relation to the performance period from 1 April 2023 to 31 March 2026.
Awards were granted under the rules of the United Utilities Group PLC Long
Term Plan 2022 (the Plan) and in accordance with the Directors' Remuneration
policy as approved by shareholders at the annual general meeting held in July
2022. Vesting of the Awards will be subject to service with the Company and to
the extent to which the performance conditions have been satisfied as
determined by the Remuneration Committee once data has been made available.
The Awards are subject to uplift for dividends paid on record dates occurring
between the date of grant and the vesting date of such Awards. Directors'
Awards are subject to a holding period such that they will not vest before the
fifth anniversary of the date of grant. PDMR Awards will not vest before the
third anniversary of the date of grant. Each Award was granted, at nil cost to
the participant, using the middle market price on 14 December 2023. The
measures and targets applicable to the Awards are available on the corporate
website.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Philip Aspin
2 Reason for the notification
a) Position/status Chief Financial Officer/PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name United Utilities Group PLC
b) LEI 2138002IEYQAOC88ZJ59
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 5p each
Identification code
GB00B39J2M42
b) Nature of the transaction Grant of a Conditional Award under the United Utilities Group PLC Long Term
Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United
Utilities Group PLC for zero consideration. The Conditional Award is subject
to a holding period such that it will not vest before the fifth anniversary of
the date of grant.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 52,140
d) Aggregated information
Aggregated volume Aggregated price
- Aggregated volume
- Price 52,140 Nil
e) Date of the transaction 2023-12-15
f) Place of the transaction Non trading venue
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume Aggregated price
52,140 Nil
e)
Date of the transaction
2023-12-15
f)
Place of the transaction
Non trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Grant Batty
2 Reason for the notification
a) Position/status Water Services Director/PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name United Utilities Group PLC
b) LEI 2138002IEYQAOC88ZJ59
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 5p each
Identification code
GB00B39J2M42
b) Nature of the transaction Grant of a Conditional Award under the United Utilities Group PLC Long Term
Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United
Utilities Group PLC for zero consideration. The Conditional Award will not
vest before the third anniversary of the date of grant.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 7,210
d) Aggregated information
Aggregated volume Aggregated price
- Aggregated volume
- Price 7,210 Nil
e) Date of the transaction 2023-12-15
f) Place of the transaction Non trading venue
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume Aggregated price
7,210 Nil
e)
Date of the transaction
2023-12-15
f)
Place of the transaction
Non trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Louise Beardmore
2 Reason for the notification
a) Position/status Chief Executive Officer/PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name United Utilities Group PLC
b) LEI 2138002IEYQAOC88ZJ59
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 5p each
Identification code
GB00B39J2M42
b) Nature of the transaction Grant of a Conditional Award under the United Utilities Group PLC Long Term
Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United
Utilities Group PLC for zero consideration. The Conditional Award is subject
to a holding period such that it will not vest before the fifth anniversary of
the date of grant.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 80,847
d) Aggregated information
Aggregated volume Aggregated price
- Aggregated volume
- Price 80,847 Nil
e) Date of the transaction 2023-12-15
f) Place of the transaction Non trading venue
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume Aggregated price
80,847 Nil
e)
Date of the transaction
2023-12-15
f)
Place of the transaction
Non trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name James Bullock
2 Reason for the notification
a) Position/status Regulation and Compliance Director/PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name United Utilities Group PLC
b) LEI 2138002IEYQAOC88ZJ59
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 5p each
Identification code
GB00B39J2M42
b) Nature of the transaction Grant of a Conditional Award under the United Utilities Group PLC Long Term
Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United
Utilities Group PLC for zero consideration. The Conditional Award will not
vest before the third anniversary of the date of grant.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 20,189
d) Aggregated information
Aggregated volume Aggregated price
- Aggregated volume
- Price 20,189 Nil
e) Date of the transaction 2023-12-15
f) Place of the transaction Non trading venue
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume Aggregated price
20,189 Nil
e)
Date of the transaction
2023-12-15
f)
Place of the transaction
Non trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Simon Gardiner
2 Reason for the notification
a) Position/status General Counsel and Company Secretary/PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name United Utilities Group PLC
b) LEI 2138002IEYQAOC88ZJ59
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 5p each
Identification code
GB00B39J2M42
b) Nature of the transaction Grant of a Conditional Award under the United Utilities Group PLC Long Term
Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United
Utilities Group PLC for zero consideration. The Conditional Award will not
vest before the third anniversary of the date of grant.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 20,130
d) Aggregated information
Aggregated volume Aggregated price
- Aggregated volume
- Price 20,130 Nil
e) Date of the transaction 2023-12-15
f) Place of the transaction Non trading venue
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume Aggregated price
20,130 Nil
e)
Date of the transaction
2023-12-15
f)
Place of the transaction
Non trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Mark Garth
2 Reason for the notification
a) Position/status Wastewater Services Director/PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name United Utilities Group PLC
b) LEI 2138002IEYQAOC88ZJ59
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 5p each
Identification code
GB00B39J2M42
b) Nature of the transaction Grant of a Conditional Award under the United Utilities Group PLC Long Term
Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United
Utilities Group PLC for zero consideration. The Conditional Award will not
vest before the third anniversary of the date of grant.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 7,210
d) Aggregated information
Aggregated volume Aggregated price
- Aggregated volume
- Price 7,210 Nil
e) Date of the transaction 2023-12-15
f) Place of the transaction Non trading venue
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume Aggregated price
7,210 Nil
e)
Date of the transaction
2023-12-15
f)
Place of the transaction
Non trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Mike Gauterin
2 Reason for the notification
a) Position/status Customer Services and Technology Director/PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name United Utilities Group PLC
b) LEI 2138002IEYQAOC88ZJ59
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 5p each
Identification code
GB00B39J2M42
b) Nature of the transaction Grant of a Conditional Award under the United Utilities Group PLC Long Term
Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United
Utilities Group PLC for zero consideration. The Conditional Award will not
vest before the third anniversary of the date of grant.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 16,561
d) Aggregated information
Aggregated volume Aggregated price
- Aggregated volume
- Price 16,561 Nil
e) Date of the transaction 2023-12-15
f) Place of the transaction Non trading venue
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume Aggregated price
16,561 Nil
e)
Date of the transaction
2023-12-15
f)
Place of the transaction
Non trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Neil Gillespie
2 Reason for the notification
a) Position/status Director of Transformation and Strategic Programmes/PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name United Utilities Group PLC
b) LEI 2138002IEYQAOC88ZJ59
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 5p each
Identification code
GB00B39J2M42
b) Nature of the transaction Grant of a Conditional Award under the United Utilities Group PLC Long Term
Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United
Utilities Group PLC for zero consideration. The Conditional Award will not
vest before the third anniversary of the date of grant.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 13,249
d) Aggregated information
Aggregated volume Aggregated price
- Aggregated volume
- Price 13,249 Nil
e) Date of the transaction 2023-12-15
f) Place of the transaction Non trading venue
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume Aggregated price
13,249 Nil
e)
Date of the transaction
2023-12-15
f)
Place of the transaction
Non trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Jo Harrison
2 Reason for the notification
a) Position/status Asset Management Director/PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name United Utilities Group PLC
b) LEI 2138002IEYQAOC88ZJ59
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 5p each
Identification code
GB00B39J2M42
b) Nature of the transaction Grant of a Conditional Award under the United Utilities Group PLC Long Term
Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United
Utilities Group PLC for zero consideration. The Conditional Award will not
vest before the third anniversary of the date of grant.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 14,195
d) Aggregated information
Aggregated volume Aggregated price
- Aggregated volume
- Price 14,195 Nil
e) Date of the transaction 2023-12-15
f) Place of the transaction Non trading venue
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume Aggregated price
14,195 Nil
e)
Date of the transaction
2023-12-15
f)
Place of the transaction
Non trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Gaynor Kenyon
2 Reason for the notification
a) Position/status Corporate Affairs Director/PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name United Utilities Group PLC
b) LEI 2138002IEYQAOC88ZJ59
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 5p each
Identification code
GB00B39J2M42
b) Nature of the transaction Grant of a Conditional Award under the United Utilities Group PLC Long Term
Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United
Utilities Group PLC for zero consideration. The Conditional Award will not
vest before the third anniversary of the date of grant.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 16,460
d) Aggregated information
Aggregated volume Aggregated price
- Aggregated volume
- Price 16,460 Nil
e) Date of the transaction 2023-12-15
f) Place of the transaction Non trading venue
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume Aggregated price
16,460 Nil
e)
Date of the transaction
2023-12-15
f)
Place of the transaction
Non trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Tom Lissett
2 Reason for the notification
a) Position/status Bioresource & Green Energy Director/PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name United Utilities Group PLC
b) LEI 2138002IEYQAOC88ZJ59
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 5p each
Identification code
GB00B39J2M42
b) Nature of the transaction Grant of a Conditional Award under the United Utilities Group PLC Long Term
Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United
Utilities Group PLC for zero consideration. The Conditional Award will not
vest before the third anniversary of the date of grant.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 7,210
d) Aggregated information
Aggregated volume Aggregated price
- Aggregated volume
- Price 7,210 Nil
e) Date of the transaction 2023-12-15
f) Place of the transaction Non trading venue
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume Aggregated price
7,210 Nil
e)
Date of the transaction
2023-12-15
f)
Place of the transaction
Non trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Adrienne McFarland
2 Reason for the notification
a) Position/status People and Health and Safety Director/PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name United Utilities Group PLC
b) LEI 2138002IEYQAOC88ZJ59
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 5p each
Identification code
GB00B39J2M42
b) Nature of the transaction Grant of a Conditional Award under the United Utilities Group PLC Long Term
Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United
Utilities Group PLC for zero consideration. The Conditional Award will not
vest before the third anniversary of the date of grant.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 17,886
d) Aggregated information
Aggregated volume Aggregated price
- Aggregated volume
- Price 17,886 Nil
e) Date of the transaction 2023-12-15
f) Place of the transaction Non trading venue
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume Aggregated price
17,886 Nil
e)
Date of the transaction
2023-12-15
f)
Place of the transaction
Non trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Jane Simpson
2 Reason for the notification
a) Position/status Commercial, Engineering and Capital Delivery Director/PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name United Utilities Group PLC
b) LEI 2138002IEYQAOC88ZJ59
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 5p each
Identification code
GB00B39J2M42
b) Nature of the transaction Grant of a Conditional Award under the United Utilities Group PLC Long Term
Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United
Utilities Group PLC for zero consideration. The Conditional Award will not
vest before the third anniversary of the date of grant.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 17,223
d) Aggregated information
Aggregated volume Aggregated price
- Aggregated volume
- Price 17,223 Nil
e) Date of the transaction 2023-12-15
f) Place of the transaction Non trading venue
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume Aggregated price
17,223 Nil
e)
Date of the transaction
2023-12-15
f)
Place of the transaction
Non trading venue
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