Director/PDMR Shareholding

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 / PDMR  (date of award)	Number of deferred shares awarded	Number of shares released to PDMR*	Number of shares sold **	Price at which shares sold	Net number of shares acquired
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 [phone]

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 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	£27.961743	6,599
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 13,627 / Price GBP Nil Tax/NI Sale:  Volume 6,599 / Price GBP £27.961743
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 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 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	£27.961743	3,975
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 8,209 / Price GBP Nil Tax/NI Sale:  Volume 3,975 / Price GBP £27.961743
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 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 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	£27.961743	932
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 1,924 / Price GBP Nil Tax/NI Sale:  Volume 932 / Price GBP £27.961743
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 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 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	£27.961743	2,683
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 5,540 / Price GBP Nil Tax/NI Sale:  Volume 2,683 / Price GBP £27.961743
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 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 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	£27.961743	2,980
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 6,153 / Price GBP Nil Tax/NI Sale:  Volume 2,980 / Price GBP £27.961743
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 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 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	£27.961743	1,117
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 2,306 / Price GBP Nil Tax/NI Sale:  Volume 1,117 / Price GBP £27.961743
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 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 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	£27.961743	328
d)	Aggregated information - Aggregated volume - Price	Acquisition:  Volume 676 / Price GBP Nil Tax/NI Sale:  Volume 328 / Price GBP £27.961743
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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