TIDMSVT
RNS Number : 5470Q
Severn Trent PLC
19 June 2020
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 16 June 2020, Severn Trent Plc granted awards over 218,621
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 152,581 Ordinary
Shares to Directors and Persons Discharging Managerial
Responsibility ("PDMR") of the Company as set out below.
Name Status No. of LTIP
Shares Subject
to Award
O R Garfield Director 60,483
J Bowling Director 27,336
S Anderson PDMR 5,255
J Jesic PDMR 9,285
B Kennedy PDMR 9,844
H Miles PDMR 16,393
N Morrison PDMR 8,192
A P Smith PDMR 10,561
R Stear PDMR 5,232
These Ordinary Shares will vest on 24 July 2023, 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 11, 12
and 15 June 2020.
The Remuneration Committee has the discretion to make downward
or upward adjustments to the Vesting resulting from the application
of the Performance Conditions if the Remuneration Committee
believes that the outcomes are not a fair and accurate reflection
of overall financial and operational performance, this includes
consideration of any windfall gains resulting from share price
volatility.
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
+44 (0)7889 806578
Richard.eadie@severntrent.co.uk
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 Grant of conditional award under the Severn Trent Long
Term Incentive Plan 2014
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 60,483
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2020-06-16
f) Place of the transaction Outside a trading venue
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 Grant of conditional award under the Severn Trent Long
Term Incentive Plan 2014
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 27,336
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2020-06-16
f) Place of the transaction Outside a trading venue
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 Grant of conditional award under the Severn Trent Long
Term Incentive Plan 2014
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 5,255
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2020-06-16
f) Place of the transaction Outside a trading venue
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 Grant of conditional award under the Severn Trent Long
Term Incentive Plan 2014
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 9,285
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2020-06-16
f) Place of the transaction Outside a trading venue
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 Grant of conditional award under the Severn Trent Long
Term Incentive Plan 2014
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 9,844
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2020-06-16
f) Place of the transaction Outside a trading venue
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 Grant of conditional award under the Severn Trent Long
Term Incentive Plan 2014
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 16,393
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2020-06-16
f) Place of the transaction Outside a trading venue
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 Grant of conditional award under the Severn Trent Long
Term Incentive Plan 2014
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 8,192
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2020-06-16
f) Place of the transaction Outside a trading venue
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 Grant of conditional award under the Severn Trent Long
Term Incentive Plan 2014
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 10,561
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2020-06-16
f) Place of the transaction Outside a trading venue
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 Grant of conditional award under the Severn Trent Long
Term Incentive Plan 2014
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 5,232
d) Aggregated information n/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 2020-06-16
f) Place of the transaction Outside a trading venue
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHKKCBQNBKDCAD
(END) Dow Jones Newswires
June 19, 2020 09:59 ET (13:59 GMT)
Grafico Azioni Severn Trent (LSE:SVT)
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