OPTIONS AWARDED UNDER THE STPlc SHARESAVE SCHEME

RNS Number : 5797Y

Severn Trent PLC

02 January 2020

 

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 2 January 2020, options were granted under the Company's approved Sharesave Scheme to eligible employees including the following PDMRs:

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
Dr James Jesic	PDMR	201	2-Jan-20	6 months from 01-May-23	£17.87
Neil Morrison	PDMR	503	2-Jan-20	6 months from 01-May-23	£17.87
Dr Bob Stear	PDMR	503	2-Jan-20	6 months from 01-May-25	£17.87

The grant of the above options was notified to the Company by the PDMRs set out above on 2 January 2020.

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	Dr 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	Grant of options to acquire shares under the Severn Trent Plc Sharesave Scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) £17.87 201 SHARES
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	2020-01-02
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	Grant of options to acquire shares under the Severn Trent Plc Sharesave Scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) £17.87 503 SHARES
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	2020-01-02
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	Dr Bob 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	Grant of options to acquire shares under the Severn Trent Plc Sharesave Scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) £17.87 503 SHARES
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	2020-01-02
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

END

 

 

DSHXLLFBBFLBBBK