TIDMSVT
RNS Number : 1326U
Severn Trent PLC
28 July 2022
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.
Vesting of Shares under the Long Term Incentive Plan 2014
("LTIP")
On 26 July 2022, 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 2019, and subsequently sold Shares in order to cover
tax liabilities:
Director Number of Number Number of Price at Net number
/ PDMR (date conditional of shares shares sold which shares of shares
of award) shares awarded released to cover sold acquired
to PDMR* tax liability
O Garfield
Director
(23.07.19) 69,411 77,550 37,222 2912.7827p 40,328
---------------- ----------- --------------- -------------- -----------
J Bowling
Director
(23.07.19) 31,367 35,043 16,820 2912.7827p 18,223
---------------- ----------- --------------- -------------- -----------
S Anderson
PDMR
(23.07.19) 2,463 2,749 1,320 2912.7827p 1,429
---------------- ----------- --------------- -------------- -----------
J Jesic
PDMR
(23.07.19) 7,843 8,759 4,205 2912.7827p 4,554
---------------- ----------- --------------- -------------- -----------
B Kennedy
PDMR
(23.07.19) 11,294 12,616 6,056 2912.7827p 6,560
---------------- ----------- --------------- -------------- -----------
H Miles
PDMR
(23.07.19) 16,460 18,387 8,826 2912.7827p 9,561
---------------- ----------- --------------- -------------- -----------
N Morrison
PDMR
(23.07.19) 9,400 10,499 5,040 2912.7827p 5,459
---------------- ----------- --------------- -------------- -----------
R Stear
PDMR
(23.07.19) 6,004 6,705 3,219 2912.7827p 3,486
---------------- ----------- --------------- -------------- -----------
*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 2019 LTIP award made under the 2018 Remuneration Policy
introduced 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%.
Notifications set out below, made in accordance with the
requirements of the EU Market Abuse Regulation, give further
detail.
For further information please contact:
Rachel Martin, Head of Investor Relations
+44 (0) 782 462 4011
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 Acquisition of shares on the vesting of a conditional
award granted under the LTIP in 2019
and sale of shares to cover tax and national insurance
liabilities.
c) Price(s) and volume(s) Price(s) Volume(s)
Acquisition of shares
on vesting of LTIP Nil 77,550
Sale of shares to cover
tax and NI liabilities GBP29.127827 37,222
d) Aggregated information Acquisition: Volume 77,550 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 37,222 / Price GBP GBP29.127827
- Price
e) Date of the transaction 2022-07-26
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 Acquisition of shares on the vesting of a conditional
award granted under the LTIP in 2019
and sale of shares to cover tax and national insurance
liabilities.
c) Price(s) and volume(s) Price(s) Volume(s)
Acquisition of shares
on vesting of LTIP Nil 35,043
Sale of shares to cover
tax and NI liabilities GBP29.127827 16,820
d) Aggregated information Acquisition: Volume 35,043 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 16,820 / Price GBP GBP29.127827
- Price
e) Date of the transaction 2022-07-26
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 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 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 Acquisition of shares on the vesting of a conditional
award granted under the LTIP in 2019
and sale of shares to cover tax and national insurance
liabilities.
c) Price(s) and volume(s) Price(s) Volume(s)
Acquisition of shares
on vesting of LTIP Nil 2,749
Sale of shares to cover
tax and NI liabilities GBP29.127827 1,320
d) Aggregated information Acquisition: Volume 2,749 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 1,320 / Price GBP GBP29.127827
- Price
e) Date of the transaction 2022-07-26
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 Acquisition of shares on the vesting of a conditional
award granted under the LTIP in 2019
and sale of shares to cover tax and national insurance
liabilities.
c) Price(s) and volume(s) Price(s) Volume(s)
Acquisition of shares
on vesting of LTIP Nil 8,759
Sale of shares to cover
tax and NI liabilities GBP29.127827 4,205
d) Aggregated information Acquisition: Volume 8,759 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 4,205 / Price GBP GBP29.127827
- Price
e) Date of the transaction 2022-07-26
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 Acquisition of shares on the vesting of a conditional
award granted under the LTIP in 2019
and sale of shares to cover tax and national insurance
liabilities.
c) Price(s) and volume(s) Price(s) Volume(s)
Acquisition of shares
on vesting of LTIP Nil 12,616
Sale of shares to cover
tax and NI liabilities GBP29.127827 6,056
d) Aggregated information Acquisition: Volume 12,616 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 6,056 / Price GBP GBP29.127827
- Price
e) Date of the transaction 2022-07-26
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 Acquisition of shares on the vesting of a conditional
award granted under the LTIP in 2019
and sale of shares to cover tax and national insurance
liabilities.
c) Price(s) and volume(s) Price(s) Volume(s)
Acquisition of shares
on vesting of LTIP Nil 18,387
Sale of shares to cover
tax and NI liabilities GBP29.127827 8,826
d) Aggregated information Acquisition: Volume 18,387 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 8,826 / Price GBP GBP29.127827
- Price
e) Date of the transaction 2022-07-26
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 Acquisition of shares on the vesting of a conditional
award granted under the LTIP in 2019
and sale of shares to cover tax and national insurance
liabilities.
c) Price(s) and volume(s) Price(s) Volume(s)
Acquisition of shares
on vesting of LTIP Nil 10,499
Sale of shares to cover
tax and NI liabilities GBP29.127827 5,040
d) Aggregated information Acquisition: Volume 10,499 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 5,040 / Price GBP GBP29.127827
- Price
e) Date of the transaction 2022-07-26
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 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 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 Acquisition of shares on the vesting of a conditional
award granted under the LTIP in 2019
and sale of shares to cover tax and national insurance
liabilities.
c) Price(s) and volume(s) Price(s) Volume(s)
Acquisition of shares
on vesting of LTIP Nil 6,705
Sale of shares to cover
tax and NI liabilities GBP29.127827 3,219
d) Aggregated information Acquisition: Volume 6,705 / Price GBP Nil
- Aggregated volume Tax/NI Sale: Volume 3,219 / Price GBP GBP29.127827
- Price
e) Date of the transaction 2022-07-26
f) Place of the transaction London Stock Exchange, Main Market (XLON)
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END
DSHBKFBBBBKDDOB
(END) Dow Jones Newswires
July 28, 2022 09:02 ET (13:02 GMT)
Grafico Azioni Severn Trent (LSE:SVT)
Storico
Da Nov 2023 a Dic 2023
Grafico Azioni Severn Trent (LSE:SVT)
Storico
Da Dic 2022 a Dic 2023
