TIDMSVT

RNS Number : 8046P

Severn Trent PLC

22 June 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 Severn Trent Annual Bonus Scheme 2019 ("ABS")

On 20 June 2022, 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 2019. A subsequent sale of shares to cover tax liabilities, was completed on

20 June 2022 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 Garfield 
  Director 
  (18.06.19)             12,159       13,627        6,599      2796.1743p        7,028 
               ----------------  -----------  -----------  --------------  ----------- 
 J Bowling 
  Director 
  (18.06.19)              7,326        8,209        3,975      2796.1743p        4,234 
               ----------------  -----------  -----------  --------------  ----------- 
 J Jesic 
  PDMR 
  (18.06.19)              1,719        1,924          932      2796.1743p          992 
               ----------------  -----------  -----------  --------------  ----------- 
 B Kennedy 
  PDMR 
  (18.06.19)              4,946        5,540        2,683      2796.1743p        2,857 
               ----------------  -----------  -----------  --------------  ----------- 
 H Miles 
  PDMR 
  (18.06.19)              5,492        6,153        2,980      2796.1743p        3,173 
               ----------------  -----------  -----------  --------------  ----------- 
 N Morrison 
  PDMR 
  (18.06.19)              2,060        2,306        1,117      2796.1743p        1,189 
               ----------------  -----------  -----------  --------------  ----------- 
 R Stear 
  PDMR 
  (18.06.19)                605          676          328      2796.1743p          348 
               ----------------  -----------  -----------  --------------  ----------- 
 

*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:

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             Ordinary Shares of 97 17/19 pence each in Severn Trent Plc 
     instrument, type of instrument            Identification code for Severn Trent Plc shares: GB00B1FH8J72 
     Identification code 
b)   Nature of the transaction                Acquisition of shares on the vesting of a 2019 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                                  13,627 
  Sale of shares to cover tax and NI 
   liabilities                                                     GBP27.961743                              6,599 
d)   Aggregated information                   Acquisition: Volume 13,627 / Price GBP Nil 
      - Aggregated volume                      Tax/NI Sale: Volume 6,599 / Price GBP GBP27.961743 
      - Price 
e)   Date of the transaction                  Acquisition 2022-06-20 / Sale 2022-06-20 
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             Ordinary Shares of 97 17/19 pence each in Severn Trent Plc 
     instrument, type of instrument            Identification code for Severn Trent Plc shares: GB00B1FH8J72 
     Identification code 
b)   Nature of the transaction                Acquisition of shares on the vesting of a 2019 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                                  8,209 
  Sale of shares to cover tax and NI 
   liabilities                                                     GBP27.961743                              3,975 
d)   Aggregated information                   Acquisition: Volume 8,209 / Price GBP Nil 
      - Aggregated volume                      Tax/NI Sale: Volume 3,975 / Price GBP GBP27.961743 
      - Price 
e)   Date of the transaction                  Acquisition 2022-06-20 / Sale 2022-06-20 
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             Ordinary Shares of 97 17/19 pence each in Severn Trent Plc 
     instrument, type of instrument            Identification code for Severn Trent Plc shares: GB00B1FH8J72 
     Identification code 
b)   Nature of the transaction                Acquisition of shares on the vesting of a 2019 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                                  1,924 
  Sale of shares to cover tax and NI 
   liabilities                                                     GBP27.961743                               932 
d)   Aggregated information                   Acquisition: Volume 1,924 / Price GBP Nil 
      - Aggregated volume                      Tax/NI Sale: Volume 932 / Price GBP GBP27.961743 
      - Price 
e)   Date of the transaction                  Acquisition 2022-06-20 / Sale 2022-06-20 
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             Ordinary Shares of 97 17/19 pence each in Severn Trent Plc 
     instrument, type of instrument            Identification code for Severn Trent Plc shares: GB00B1FH8J72 
     Identification code 
b)   Nature of the transaction                Acquisition of shares on the vesting of a 2019 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                                  5,540 
  Sale of shares to cover tax and NI 
   liabilities                                                     GBP27.961743                              2,683 
d)   Aggregated information                   Acquisition: Volume 5,540 / Price GBP Nil 
      - Aggregated volume                      Tax/NI Sale: Volume 2,683 / Price GBP GBP27.961743 
      - Price 
e)   Date of the transaction                  Acquisition 2022-06-20 / Sale 2022-06-20 
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             Ordinary Shares of 97 17/19 pence each in Severn Trent Plc 
     instrument, type of instrument            Identification code for Severn Trent Plc shares: GB00B1FH8J72 
     Identification code 
b)   Nature of the transaction                Acquisition of shares on the vesting of a 2019 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                                  6,153 
  Sale of shares to cover tax and NI 
   liabilities                                                     GBP27.961743                              2,980 
d)   Aggregated information                   Acquisition: Volume 6,153 / Price GBP Nil 
      - Aggregated volume                      Tax/NI Sale: Volume 2,980 / Price GBP GBP27.961743 
      - Price 
e)   Date of the transaction                  Acquisition 2022-06-20 / Sale 2022-06-20 
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             Ordinary Shares of 97 17/19 pence each in Severn Trent Plc 
     instrument, type of instrument            Identification code for Severn Trent Plc shares: GB00B1FH8J72 
     Identification code 
b)   Nature of the transaction                Acquisition of shares on the vesting of a 2019 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                                  2,306 
  Sale of shares to cover tax and NI 
   liabilities                                                     GBP27.961743                              1,117 
d)   Aggregated information                   Acquisition: Volume 2,306 / Price GBP Nil 
      - Aggregated volume                      Tax/NI Sale: Volume 1,117 / Price GBP GBP27.961743 
      - Price 
e)   Date of the transaction                  Acquisition 2022-06-20 / Sale 2022-06-20 
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             Ordinary Shares of 97 17/19 pence each in Severn Trent Plc 
     instrument, type of instrument            Identification code for Severn Trent Plc shares: GB00B1FH8J72 
     Identification code 
b)   Nature of the transaction                Acquisition of shares on the vesting of a 2019 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                                   676 
  Sale of shares to cover tax and NI 
   liabilities                                                     GBP27.961743                               328 
d)   Aggregated information                   Acquisition: Volume 676 / Price GBP Nil 
      - Aggregated volume                      Tax/NI Sale: Volume 328 / Price GBP GBP27.961743 
      - Price 
e)   Date of the transaction                  Acquisition 2022-06-20 / Sale 2022-06-20 
f)   Place of the transaction                 London Stock Exchange, Main Market (XLON) 
 

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June 22, 2022 06:44 ET (10:44 GMT)

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