Severn Trent PLC Director/PDMR Shareholding

RNS Number : 2423N

Severn Trent PLC

03 May 2024

 

LEI: 213800RPBXRETY4A4C59

 

Severn Trent Plc (the "Company") - Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons

Severn Trent Plc (the "Company") announces that it received notification on 2 May 2024 of the following retention of interest in Ordinary Shares of 97 17/19p (the "Shares") in respect of the undermentioned Persons Discharging Managerial Responsibility ("PDMRs") pursuant to the exercise of options under the Company's 2021 SAYE scheme, as detailed below.  Following the transactions, the PDMRs retain their holding of Ordinary Shares in Severn Trent Plc and continue to exceed the Company's shareholding requirements applicable to their role.

Director/PDMR	Transaction date	Number of shares acquired	Price paid per share (p)
O Garfield (Director)	1 May 2024	967	1860.000p
J Jesic (PDMR)	1 May 2024	483	1860.000p
N Morrison (PDMR)	1 May 2024	483	1860.000p

 

Notifications set out below, made in accordance with the requirements of the UK Market Abuse Regulation, give further detail.

 

For further information please contact:

 

Rachel Martin, Head of Investor Relations

[phone]

 

www.severntrent.com

The attached notifications, made in accordance with the requirements of the UK Market Abuse Regulation, give further details.

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 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	Acquisition of ordinary shares pursuant to exercise of an SAYE option
c)	Price(s) and volume(s)	Price(s) Volume(s) £18.60 967
d)	Aggregated information - Aggregated volume - Price	Not applicable - Single transaction
e)	Date of the transaction	2024-05-01
f)	Place of the transaction	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 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	Acquisition of ordinary shares pursuant to exercise of an SAYE option
c)	Price(s) and volume(s)	Price(s) Volume(s) £18.60 483
d)	Aggregated information - Aggregated volume - Price	Not applicable - Single transaction
e)	Date of the transaction	2024-05-01
f)	Place of the transaction	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 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	Acquisition of ordinary shares pursuant to exercise of an SAYE option
c)	Price(s) and volume(s)	Price(s) Volume(s) £18.60 483
d)	Aggregated information - Aggregated volume - Price	Not applicable - Single transaction
e)	Date of the transaction	2024-05-01
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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