TIDMSVT

RNS Number : 4906U

Severn Trent PLC

29 July 2015

NOTIFICATION OF TRANSACTIONS BY DIRECTORS, PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED

PERSONS

Notification made in accordance with Disclosure Rule 3.1.4R(1)(a) of the

Disclosure Rules and Transparency Rules.

Vesting of a Restricted Award held by Emma Fitzgerald

On 28 July 2015, in accordance with the terms of a Restricted Award agreement between the Company and Emma Fitzgerald (Person Discharging Managerial Responsibility) dated 21 July 2015 ("Agreement"), 14,498 Shares vested pursuant to the Agreement and on 29 July 2015, the independent trustee of the Severn Trent Plc Employee Share Ownership Trust ("Trustee") transferred the beneficial interest in a total of 14,498 Shares to Emma Fitzgerald for nil consideration in satisfaction of the Restricted Award.

 
 Participant     Number of              Number of      No. of       Price at        Date of        Net No. 
                  Shares beneficially    Shares sold    Shares       which Shares    sale of        of Shares 
                  transferred                           sold to      sold            such Shares    acquired 
                  to PDMR                               cover tax 
                                                        liability 
                                                                                    29 July 
 E Fitzgerald                  14,498            N/A        6,839       GBP22.002    2015               7,659 
                ---------------------  -------------  -----------  --------------  -------------  -----------

The transfer of the beneficial interest in the Shares by the Trustee to Emma Fitzgerald and the subsequent sale of such Shares (as disclosed above) was notified to the Company by Emma Fitzgerald on 29 July 2015 pursuant to Disclosure Rule 3.1.2R of the Disclosure and Transparency Rules.

www.severntrent.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSPKCDBABKDKOB

Severn Trent (LSE:SVT)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Severn Trent Charts.
Severn Trent (LSE:SVT)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Severn Trent Charts.