Severn Trent PLC Director/PDMR Shareholding (7938V)

TIDMSVT

RNS Number : 7938V

Severn Trent PLC

25 July 2018

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.

On 24 July 2018, Severn Trent Plc ("the Company") granted awards over 272,057 Ordinary Shares under the terms of the Severn Trent Plc Long Term Incentive Plan 2014 (the "Plan") in line with the Directors' Remuneration Policy approved by shareholders at the Company's 2018 Annual General Meeting, including awards over 199,360 Ordinary Shares to Directors and Persons Discharging Managerial Responsibility ("PDMR") of the Company as set out below. These Ordinary Shares will vest at the end of a three year performance period, depending on the achievement of performance targets and service with the Company. No consideration was paid for the grant of these awards and no payment is due on the release of any shares. The share price used to calculate these awards was based on the average of the mid-market price for an Ordinary Share in the Company over 19, 20 and 23 July 2018.

 
 Name            Status        No. of LTIP 
                              Shares Subject 
                                 to Award 
 O R Garfield    Director             72,880 
 J Bowling       Director             32,941 
 A J Ballance    PDMR                 10,489 
 S Bentley       PDMR                 18,366 
 J Jesic         PDMR                  7,387 
 M J Kane        PDMR                  7,200 
 B Kennedy       PDMR                 11,802 
 H Miles         PDMR                 16,953 
 N Morrison      PDMR                  8,679 
 A P Smith       PDMR                 12,663 
 

The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.

For further information please contact:

Richard Eadie, Head of Investor Relations

[phone]

[e-mail]

www.severntrent.com

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                                                      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          Ordinary Shares of 97 17/19 pence each in Severn Trent 
    instrument                                                Plc 
    Identification code                                       Identification code for Severn Trent Plc shares: 
                                                              GB00B1FH8J72 
b)  Nature of the transaction                                 Award of conditional shares under the Severn Trent Long 
                                                              Term Incentive Plan 2014. 
c)  Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                Nil        72,880 
d)  Aggregated information                                    Volume 72,880 / Price GBP Nil 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                                   2018-07-24 
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                                                      James Bowling 
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          Ordinary Shares of 97 17/19 pence each in Severn Trent 
    instrument                                                Plc 
    Identification code                                       Identification code for Severn Trent Plc shares: 
                                                              GB00B1FH8J72 
b)  Nature of the transaction                                 Award of conditional shares under the Severn Trent Long 
                                                              Term Incentive Plan 2014. 
c)  Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                Nil        32,941 
d)  Aggregated information                                    Volume 32,941 / Price GBP Nil 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                                   2018-07-24 
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                                                      Anthony Ballance 
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          Ordinary Shares of 97 17/19 pence each in Severn Trent 
    instrument                                                Plc 
    Identification code                                       Identification code for Severn Trent Plc shares: 
                                                              GB00B1FH8J72 
b)  Nature of the transaction                                 Award of conditional shares under the Severn Trent Long 
                                                              Term Incentive Plan 2014. 
c)  Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                Nil        10,489 
d)  Aggregated information                                    Volume 10,489 / Price GBP Nil 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                                   2018-07-24 
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                                                      Sarah Bentley 
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          Ordinary Shares of 97 17/19 pence each in Severn Trent 
    instrument                                                Plc 
    Identification code                                       Identification code for Severn Trent Plc shares: 
                                                              GB00B1FH8J72 
b)  Nature of the transaction                                 Award of conditional shares under the Severn Trent Long 
                                                              Term Incentive Plan 2014. 
c)  Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                Nil        18,366 
d)  Aggregated information                                    Volume 18,366 / Price GBP Nil 
     - Aggregated volume 
     - Price 

e)  Date of the transaction                                   2018-07-24 
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                                                      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          Ordinary Shares of 97 17/19 pence each in Severn Trent 
    instrument                                                Plc 
    Identification code                                       Identification code for Severn Trent Plc shares: 
                                                              GB00B1FH8J72 
b)  Nature of the transaction                                 Award of conditional shares under the Severn Trent Long 
                                                              Term Incentive Plan 2014. 
c)  Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                Nil        7,387 
d)  Aggregated information                                    Volume 7,387 / Price GBP Nil 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                                   2018-07-24 
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                                                      Martin Kane 
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          Ordinary Shares of 97 17/19 pence each in Severn Trent 
    instrument                                                Plc 
    Identification code                                       Identification code for Severn Trent Plc shares: 
                                                              GB00B1FH8J72 
b)  Nature of the transaction                                 Award of conditional shares under the Severn Trent Long 
                                                              Term Incentive Plan 2014. 
c)  Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                Nil        7,200 
d)  Aggregated information                                    Volume 7,200 / Price GBP Nil 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                                   2018-07-24 
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                                                      Bronagh Kennedy 
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          Ordinary Shares of 97 17/19 pence each in Severn Trent 
    instrument                                                Plc 
    Identification code                                       Identification code for Severn Trent Plc shares: 
                                                              GB00B1FH8J72 
b)  Nature of the transaction                                 Award of conditional shares under the Severn Trent Long 
                                                              Term Incentive Plan 2014. 
c)  Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                Nil        11,802 
d)  Aggregated information                                    Volume 11,802 / Price GBP Nil 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                                   2018-07-24 
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                                                      Helen Miles 
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          Ordinary Shares of 97 17/19 pence each in Severn Trent 
    instrument                                                Plc 
    Identification code                                       Identification code for Severn Trent Plc shares: 
                                                              GB00B1FH8J72 
b)  Nature of the transaction                                 Award of conditional shares under the Severn Trent Long 
                                                              Term Incentive Plan 2014. 
c)  Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                Nil        16,953 
d)  Aggregated information                                    Volume 16,953 / Price GBP Nil 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                                   2018-07-24 
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          Ordinary Shares of 97 17/19 pence each in Severn Trent 
    instrument                                                Plc 
    Identification code                                       Identification code for Severn Trent Plc shares: 
                                                              GB00B1FH8J72 
b)  Nature of the transaction                                 Award of conditional shares under the Severn Trent Long 
                                                              Term Incentive Plan 2014. 
c)  Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                Nil        8,679 

d)  Aggregated information                                    Volume 8,679 / Price GBP Nil 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                                   2018-07-24 
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                                                      Andrew Smith 
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          Ordinary Shares of 97 17/19 pence each in Severn Trent 
    instrument                                                Plc 
    Identification code                                       Identification code for Severn Trent Plc shares: 
                                                              GB00B1FH8J72 
b)  Nature of the transaction                                 Award of conditional shares under the Severn Trent Long 
                                                              Term Incentive Plan 2014. 
c)  Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                Nil        12,663 
d)  Aggregated information                                    Volume 12,663 / Price GBP Nil 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                                   2018-07-24 
f)  Place of the transaction                                  London Stock Exchange, Main Market (XLON) 
 

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July 25, 2018 13:12 ET (17:12 GMT)