Director/PDMR Shareholding

RNS Number : 3470T

Severn Trent PLC

04 January 2017

 

 OPTIONS AWARDED UNDER THE SEVERN TRENT PLC SHARESAVE SCHEME TO PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")

Severn Trent Plc (the "Company") has been informed that, on 3 January 2017, options were granted under the Company's approved Sharesave Scheme to eligible employees including the following PDMR:

Name	Position	Number of shares over which option is granted	Date of Grant	Period during which or date on which it can be exercised	Exercise price
Martin Kane	PDMR	216	3-Jan-17	6 months from 01-May-20	£16.63

The grant of the above options was notified to the Company by the PDMR set out above on 4 January 2017.

The attached notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.

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	Martin Kane
2	Reason for the notification
a)	Position/status	Chief Engineer
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	N/A
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 instrument Identification code	Ordinary Shares of 97 17/19 pence each in Severn Trent Plc Identification code for Severn Trent Plc shares: GB00B1FH8J72
b)	Nature of the transaction	Grant of options to acquire shares under the Severn Trent Plc Sharesave Scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) £16.63 216 SHARES
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	2017-01-03
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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