Severn Trent PLC
30 November 1999
On 29 November 1999 Severn Trent QUEST Limited (a wholly owned subsidiary of
Severn Trent Plc permitted to subscribe for shares in the company to satisfy
options granted under the Company's Sharesave Scheme) subscribed for 5,418
Ordinary Shares of 65 5/19 pence each to satisfy the exercise of options by
participants in the scheme. These shares were then transferred to
participants on 30 November 1999. The executive directors of Severn Trent Plc
were deemed to have a technical interest in the 5,418 shares when Severn Trent
QUEST Limited subscribed for the shares and ceased to have an interest when
the shares were transferred to the participants.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.