Director/PDMR Shareholding

RNS Number : 4358B

United Utilities Group PLC

16 June 2016

 

UNITED UTILITIES GROUP PLC

16 JUNE 2016

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PDMRs

AWARDS GRANTED UNDER THE DEFERRED BONUS PLAN 2013 ("DBP")

This notification is made in accordance with Disclosure Rule 3.1.4R(1)(a) of the Disclosure Rules  and Transparency Rules.

On 16 June 2016, United Utilities Group PLC (the "Company") granted a conditional award over the number of ordinary shares in the capital of the Company ("Shares") specified below to each of the directors / PDMRs named below, pursuant to the rules of the DBP. The grants of the conditional awards took place in England.

Each conditional award is a right to acquire Shares and will normally be satisfied within 30 days of the vesting date (specified below) by the transfer to the award holder of Shares purchased in the market.

Name of director/PDMR	No. of  Shares subject to conditional award	Vesting Date
Steve Mogford	27,087	16/06/2019
Russ Houlden	16,940	16/06/2019
Steve Fraser	7,428	16/06/2019
Sally Cabrini	6,987	16/06/2019
Simon Gardiner	6,222	16/06/2019
Gaynor Kenyon	5,088	16/06/2019
Gary Dixon	4,518	16/06/2019
Jonathan Hodgkin	4,442	16/06/2019

The conditional awards disclosed above may not be satisfied by the issue of new Shares or by the transfer of Shares held by the Company in treasury. The number of Shares which may vest under each conditional award is subject to uplift for dividend equivalents in respect of the dividend record dates occurring between the grant date and the Vesting Date. In accordance with the rules of the DBP, no consideration is payable by the award holder for the grant of a conditional award or payable for the Shares to be transferred to the award holder following the vesting of a conditional award.

All of the persons identified in the preceding table notified the Company of the grant of the conditional awards to them under the Plan on 16 June 2016 pursuant to Disclosure Rule 3.1.2R of the Disclosure Rules and Transparency Rules.

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Further information can be obtained from:

Jane Gilmore, Deputy Company Secretary [phone]

United Utilities Group's ordinary shares trade on the London Stock Exchange and its ADRs, each equal to two ordinary shares, trade over the counter under the Trading Symbol "UUGRY".

 

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