Severn Trent PLC Director/PDMR Shareholding
May 03 2024 - 9:29AM
RNS Regulatory News
RNS Number : 2423N
Severn Trent PLC
03 May 2024
LEI: 213800RPBXRETY4A4C59
Severn Trent Plc (the "Company") - Notification of
Transactions of Directors/Persons Discharging Managerial
Responsibility and their Closely Associated
Persons
Severn Trent Plc (the "Company")
announces that it received notification on 2
May 2024 of the following retention of interest in Ordinary
Shares of 97 17/19p (the "Shares") in respect
of the undermentioned Persons Discharging Managerial Responsibility
("PDMRs") pursuant to the exercise of options under the
Company's 2021 SAYE scheme, as detailed
below. Following the transactions, the PDMRs retain their
holding of Ordinary Shares in Severn Trent Plc and continue to
exceed the Company's shareholding requirements applicable to their
role.
Director/PDMR
|
Transaction
date
|
Number of shares
acquired
|
Price paid per share
(p)
|
O Garfield (Director)
|
1 May
2024
|
967
|
1860.000p
|
J Jesic (PDMR)
|
1 May
2024
|
483
|
1860.000p
|
N Morrison (PDMR)
|
1 May
2024
|
483
|
1860.000p
|
Notifications set out below, made in
accordance with the requirements of the UK Market Abuse Regulation,
give further detail.
For further information please
contact:
Rachel Martin, Head of Investor
Relations
+44 (0) 782 462 4011
www.severntrent.com
The attached notifications, made in
accordance with the requirements of the UK Market Abuse Regulation,
give further details.
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 ordinary shares
pursuant to exercise of an SAYE option
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£18.60
|
967
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable - Single
transaction
|
e)
|
Date of the transaction
|
2024-05-01
|
f)
|
Place of the transaction
|
London Stock Exchange, Main Market
(XLON)
|
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 ordinary shares
pursuant to exercise of an SAYE option
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£18.60
|
483
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable - Single
transaction
|
e)
|
Date of the transaction
|
2024-05-01
|
f)
|
Place of the transaction
|
London Stock Exchange, Main Market
(XLON)
|
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 ordinary shares
pursuant to exercise of an SAYE option
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£18.60
|
483
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable - Single
transaction
|
e)
|
Date of the transaction
|
2024-05-01
|
f)
|
Place of the transaction
|
London Stock Exchange, Main Market
(XLON)
|
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