Director/PDMR Shareholding

RNS Number : 1279R

Severn Trent PLC

25 June 2020

 

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 Long Term Incentive Plan 2014 ("LTIP")

On 23 June 2020, the following Directors and PDMRs received a transfer of Shares from the Company (which it held as treasury shares) for nil consideration on the vesting of awards made under the LTIP in 2017, and subsequently sold Shares in order to cover tax liabilities:

Director / PDMR (date of award)	Number of conditional shares awarded	Number of shares released to PDMR*	Number of shares sold to cover tax liability	Price at which shares sold	Net number of shares acquired
O Garfield Director (20.06.17)	42,383	47,914	22,603	2511.28p	25,311
J Bowling Director (20.06.17)	17,028	19,248	9,080	2511.28p	10,168
S Anderson PDMR (20.06.17)	1,704	1,923	908	2511.28p	1,015
S Bentley PDMR (20.06.17)	10,851	12,264	5,786	2511.28p	6,478
J Jesic PDMR (20.06.17)	1,969	2,223	1,049	2511.28p	1,174
M Kane PDMR (20.06.17)	5,583	6,309	2,850	2511.28p	3,459
B Kennedy PDMR (20.06.17)	9,151	10,343	4,880	2511.28p	5,463
H Miles PDMR (20.06.17)	10,016	11,321	5,341	2511.28p	5,980
N Morrison PDMR (03.07.17)	5,830	6,588	3,108	2511.28p	3,480
A P Smith PDMR (20.06.17)	9,816	11,095	5,234	2511.28p	5,861
R Stear PDMR (20.06.17)	1,669	1,884	889	2511.28p	995

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

Notifications set out below, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.

For further information please contact:

Richard Eadie, Head of Investor Relations

[phone]

[e-mail]

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 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	Acquisition of shares on the vesting of a conditional award granted under the LTIP 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 LTIP  Sale of shares to cover tax and NI liabilities Nil £25.1128 47,914 22,603
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 47,914 / Price GBP Nil Tax/NI Sale:  Volume 22,603 / Price GBP £25.1128
e)	Date of the transaction	2020-06-23
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 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	Acquisition of shares on the vesting of a conditional award granted under the LTIP 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 LTIP  Sale of shares to cover tax and NI liabilities Nil  25.1128 19,248 9,080
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 19,248 / Price GBP Nil Tax/NI Sale:  Volume 9,080 / Price GBP £25.1128
e)	Date of the transaction	2020-06-23
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	Shane Anderson
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 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	Acquisition of shares on the vesting of a conditional award granted under the LTIP 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 LTIP  Sale of shares to cover tax and NI liabilities Nil  25.1128 1,923 908
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 1,923 / Price GBP Nil Tax/NI Sale:  Volume 908 / Price GBP £25.1128
e)	Date of the transaction	2020-06-23
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	Sarah Bentley
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 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	Acquisition of shares on the vesting of a conditional award granted under the LTIP 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 LTIP  Sale of shares to cover tax and NI liabilities Nil  25.1128 12,264 5,786
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 12,264 / Price GBP Nil Tax/NI Sale:  Volume 5,786 / Price GBP £25.1128
e)	Date of the transaction	2020-06-23
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 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	Acquisition of shares on the vesting of a conditional award granted under the LTIP 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 LTIP  Sale of shares to cover tax and NI liabilities Nil  25.1128 2,223 1,049
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 2,223 / Price GBP Nil Tax/NI Sale:  Volume 1,049 / Price GBP £25.1128
e)	Date of the transaction	2020-06-23
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	Martin Kane
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 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	Acquisition of shares on the vesting of a conditional award granted under the LTIP 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 LTIP  Sale of shares to cover tax and NI liabilities Nil  25.1128 6,309 2,850
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 6,309 / Price GBP Nil Tax/NI Sale:  Volume 2,850  / Price GBP £25.1128
e)	Date of the transaction	2020-06-23
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 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	Acquisition of shares on the vesting of a conditional award granted under the LTIP 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 LTIP  Sale of shares to cover tax and NI liabilities Nil  25.1128 10,343 4,880
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 10,343 / Price GBP Nil Tax/NI Sale:  Volume 4,880 / Price GBP £25.1128
e)	Date of the transaction	2020-06-23
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 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	Acquisition of shares on the vesting of a conditional award granted under the LTIP 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 LTIP  Sale of shares to cover tax and NI liabilities Nil  25.1128 11,321 5,341
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 11,321 / Price GBP Nil Tax/NI Sale:  Volume 5,341 / Price GBP £25.1128
e)	Date of the transaction	2020-06-23
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 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	Acquisition of shares on the vesting of a conditional award granted under the LTIP 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 LTIP  Sale of shares to cover tax and NI liabilities Nil  25.1128 6,588 3,108
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 6,588 / Price GBP Nil Tax/NI Sale:  Volume 3,108 / Price GBP £25.1128
e)	Date of the transaction	2020-06-23
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 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	Acquisition of shares on the vesting of a conditional award granted under the LTIP 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 LTIP  Sale of shares to cover tax and NI liabilities Nil  25.1128 11,095 5,234
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 11,095 / Price GBP Nil Tax/NI Sale:  Volume 5,234 / Price GBP £25.1128
e)	Date of the transaction	2020-06-23
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 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	Acquisition of shares on the vesting of a conditional award granted under the LTIP 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 LTIP  Sale of shares to cover tax and NI liabilities Nil  25.1128 1,884 889
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 1,884 / Price GBP Nil Tax/NI Sale:  Volume 889 / Price GBP £25.1128
e)	Date of the transaction	2020-06-23
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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