Director/PDMR Shareholding
3rd May 2024 15:29
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) |
| ||||
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) |
| ||||
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) |
| ||||
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) | ||||