Director/PDMR Shareholding

RNS Number : 3568H

Severn Trent PLC

10 July 2012

 



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.

The independent Trustee of the Severn Trent Plc Employee Share Ownership Trust (the "Trust") notified the Company on 9 July 2012 that it had on 9 July 2012 transferred the beneficial interest in a total of 63,613 Ordinary Shares of 97^17/19p each in the Company (the "Shares") for nil consideration to participants in the Annual Bonus Scheme (the "ABS"), including 59,419 Shares to Directors and Persons Discharging Managerial Responsibilities (PDMRs) of the Company as indicated below, pursuant to awards made under the ABS in 2009.

PDMRs are potential beneficiaries under the Trust and, therefore, (except as disclosed below) their interests in shares held by the Trust ceased on such transfer.

Participant	Shares, subject to ABS Award, transferred to PDMR	No. of  Shares sold	No. of Shares sold to cover tax liability	Price at which Shares sold	Net No. of Shares acquired
A J Ballance	6,753	N/A	3,524	£16.844	3,229
M J Kane	7,437	N/A	3,881	£16.844	3,556
M J E McKeon	17,086	N/A	8,916	£16.844	8,170
A P Smith	10,051	N/A	5,245	£16.844	4,806
A P Wray	18,092	N/A	9,441	£16.844	8,651

www.severntrent.com

 

END

 

 

RDSBKKDKPBKDQOD