TIDMSVT

RNS Number : 7599I

Severn Trent PLC

15 December 2020

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 14 December 2020 that the following Person Closely Associated ("PCA") exercised their options over Ordinary Shares of 97 17/19p each (the "Shares") pursuant to the Company's 2017 Sharesave scheme as detailed below.

James Jesic's PCA (spouse), Natalie Jesic, exercised her 2017 Sharesave scheme options and retained all resultant shares.

 
 PDMR / PCA         Title          Transaction        Number of       Price paid    Resultant 
                                       date        shares exercised    per share     interest 
                                                     and retained         (p)       in shares* 
 J Jesic 
  (PDMR)      Managing Director    14 Dec 2020                    -            -         4,597 
              ------------------  -------------  ------------------  -----------  ------------ 
              Former Employee, 
 N Jesic       and PCA with 
  (PCA)        James Jesic         14 Dec 2020                  270     1663.00p           911 
              ------------------  -------------  ------------------  -----------  ------------ 
  Total                                                                                  5,508 
 -------------------------------------------------------------------------------  ------------ 
 

The Company also received notification on the same day that Natalie Jesic's beneficial interest in 119 Ordinary Shares of 97 17/19p previously awarded under the Severn Trent Share Incentive Plan ("SIP shares") and held in trust by Equiniti Share Plan Trustees Limited ("SIP Trustee") had been transferred directly into her own name. Following the transfer, her resultant interest in shares shown in the table above comprises Ordinary Shares of 97 17/19p only.

Since becoming a PDMR in December 2017, James Jesic has retained all Company shares acquired as a result of discretionary awards vesting or options being exercised under the Company's share plans, net of related tax and National Insurance liabilities arising. His resultant interest in shares shown in the table above includes 135 SIP shares (acquired prior to becoming a PDMR) which are held by the SIP Trustee on his behalf.

The attached notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives 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                                                      Natalie Jesic 
2   Reason for the notification 
a)  Position/status                                           Person Closely Associated with James Jesic 
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 Ordinary Shares pursuant to exercise of a 
                                                              Severn Trent SAYE option 
c)  Price(s) and volume(s)                                    Price(s)   Volume(s) 
                                                               GBP16.63   270 
d)  Aggregated information                                    Not applicable - Single transaction 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                                   2020-12-14 
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                                                      Natalie Jesic 
2   Reason for the notification 
a)  Position/status                                           Person Closely Associated with James Jesic 
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                                 Transfer of shares from Equiniti Share Plan Trustees 
                                                              Limited (Trustee of the Severn Trent 
                                                              Share Incentive Plan) to PCA - no change of beneficial 
                                                              ownership. 
c)  Price(s) and volume(s)                                    Price(s)   Volume(s) 
                                                               GBPNil     119 
d)  Aggregated information                                    Not applicable - Single transaction 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                                   2020-12-14 
f)  Place of the transaction                                  London Stock Exchange, Main Market (XLON) 
 

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END

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December 15, 2020 11:25 ET (16:25 GMT)

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