TIDMSVT

RNS Number : 7521C

Severn Trent PLC

22 June 2021

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 Severn Trent Annual Bonus Scheme 2018 ("ABS")

On 21 June 2021, following an instruction by the Trustee of the Severn Trent Plc Employee Share Ownership Trust, Directors and PDMRs received a transfer of Shares for nil consideration on the vesting of deferred share awards made under the ABS in 2018. A subsequent sale of shares to cover tax liabilities, was completed on 21 June 2021 as follows:

 
 Director              Number of       Number       Number        Price at   Net number 
  / PDMR                deferred    of shares    of shares    which shares    of shares 
  (date of        shares awarded     released      sold **            sold     acquired 
  award)                             to PDMR* 
 O R Garfield 
  Director 
  (19.06.18)              13,394       15,162        7,152        2507.40p        8,010 
                ----------------  -----------  -----------  --------------  ----------- 
 J Bowling 
  Director 
  (19.06.18)               8,072        9,137        4,310        2507.40p        4,827 
                ----------------  -----------  -----------  --------------  ----------- 
 J Jesic 
  PDMR 
  (19.06.18)                 808          913          431        2507.40p          482 
                ----------------  -----------  -----------  --------------  ----------- 
 B Kennedy 
  PDMR 
  (19.06.18)               5,467        6,186        2,918        2507.40p        3,268 
                ----------------  -----------  -----------  --------------  ----------- 
 H Miles 
  PDMR 
  (19.06.18)               6,033        6,828        3,221        2507.40p        3,607 
                ----------------  -----------  -----------  --------------  ----------- 
 N Morrison 
  PDMR 
  (19.06.18)               1,681        1,900          897        2507.40p        1,003 
                ----------------  -----------  -----------  --------------  ----------- 
 A P Smith 
  PDMR 
  (19.06.18)               6,908        7,820        3,689        2507.40p        4,131 
                ----------------  -----------  -----------  --------------  ----------- 
 

*The number of shares released includes additional shares calculated to reflect dividends declared during the period from grant until transfer, in accordance with the ABS plan rules .

**The number of shares sold includes shares sold to cover associated tax and national insurance liabilities. All PDMRs elected to retain their balance shares.

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

For further information please contact:

Stuart Howell, Head of Investor Relations+44 (0)770 371 8361

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 2018 deferred 
                                                              share award granted under the Annual 
                                                              Bonus Scheme 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 ABS award      Nil          15,162 
                                                                 Sale of shares to cover 
                                                                 tax and NI liabilities        GBP25.074    7,152 
d)  Aggregated information                                    Acquisition: Volume 15,162 / Price GBP Nil 
     - Aggregated volume                                       Tax/NI Sale: Volume 7,152 / Price GBP GBP25.074 
     - Price 
e)  Date of the transaction                                   Acquisition 2021-06-21 / Sale 2021-06-21 
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 2018 deferred 
                                                              share award granted under the Annual 
                                                              Bonus Scheme 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 ABS award      Nil          9,137 
                                                                 Sale of shares to cover 
                                                                 tax and NI liabilities        GBP25.074    4,310 
d)  Aggregated information                                    Acquisition: Volume 9,137 / Price GBP Nil 
     - Aggregated volume                                       Tax/NI Sale: Volume 4,310 / Price GBP GBP25.074 
     - Price 
e)  Date of the transaction                                   Acquisition 2021-06-21 / Sale 2021-06-21 
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 2018 deferred 
                                                              share award granted under the Annual 
                                                              Bonus Scheme 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 ABS award      Nil          913 
                                                                 Sale of shares to cover 
                                                                 tax and NI liabilities        GBP25.074    431 
d)  Aggregated information                                    Acquisition: Volume 913 / Price GBP Nil 
     - Aggregated volume                                       Tax/NI Sale: Volume 431 / Price GBP GBP25.074 
     - Price 
e)  Date of the transaction                                   Acquisition 2021-06-21 / Sale 2021-06-21 
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 2018 deferred 
                                                              share award granted under the Annual 
                                                              Bonus Scheme 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 ABS award      Nil          6,186 
                                                                 Sale of shares to cover 
                                                                 tax and NI liabilities        GBP25.074    2,918 
d)  Aggregated information                                    Acquisition: Volume 6,186 / Price GBP Nil 
     - Aggregated volume                                       Tax/NI Sale: Volume 2,918 / Price GBP GBP25.074 
     - Price 
e)  Date of the transaction                                   Acquisition 2021-06-21 / Sale 2021-06-21 
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 2018 deferred 
                                                              share award granted under the Annual 
                                                              Bonus Scheme 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 ABS award      Nil          6,828 
                                                                 Sale of shares to cover 
                                                                 tax and NI liabilities        GBP25.074    3,221 
d)  Aggregated information                                    Acquisition: Volume 6,828 / Price GBP Nil 
     - Aggregated volume                                       Tax/NI Sale: Volume 3,221 / Price GBP GBP25.074 
     - Price 
e)  Date of the transaction                                   Acquisition 2021-06-21 / Sale 2021-06-21 
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 2018 deferred 
                                                              share award granted under the Annual 
                                                              Bonus Scheme 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 ABS award      Nil          1,900 
                                                                 Sale of shares to cover 
                                                                 tax and NI liabilities        GBP25.074    897 
d)  Aggregated information                                    Acquisition: Volume 1,900 / Price GBP Nil 
     - Aggregated volume                                       Tax/NI Sale: Volume 897 / Price GBP GBP25.074 
     - Price 
e)  Date of the transaction                                   Acquisition 2021-06-21 / Sale 2021-06-21 
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                                 Acquisition of shares on the vesting of a 2018 deferred 
                                                              share award granted under the Annual 
                                                              Bonus Scheme 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 ABS award      Nil          7,820 
                                                                 Sale of shares to cover 
                                                                 tax and NI liabilities        GBP25.074    3,689 
d)  Aggregated information                                    Acquisition: Volume 7,820 / Price GBP Nil 
     - Aggregated volume                                       Tax/NI Sale: Volume 3,689 / Price GBP GBP25.074 
     - Price 
e)  Date of the transaction                                   Acquisition 2021-06-21 / Sale 2021-06-21 
f)  Place of the transaction                                  London Stock Exchange, Main Market (XLON) 
 

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June 22, 2021 11:30 ET (15:30 GMT)

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