LEI: 213800RPBXRETY4A4C59
Severn Trent Plc (the "Company") - Notification of
Transactions of Directors/Persons Discharging Managerial
Responsibility and their Closely Associated
Persons
This notification is made in
accordance with the Market Abuse Regulation.
Severn Trent Annual Bonus Scheme - 2024 Deferred Bonus
Awards
Severn Trent Plc announces that, on
11 June 2024, deferred bonus awards over Ordinary Shares of 97
17/19 pence each ("Ordinary Shares") in the Company were
granted to the Directors and Persons Discharging Managerial
Responsibilities ("PDMR") of the Company as set out below (the
"PDMR Awards").
Name
|
Status
|
No. of Shares Subject to
Award
|
O R Garfield
|
Director
|
12,131
|
H Miles
|
Director
|
7,880
|
S Anderson
|
PDMR
|
5,294
|
J Burditt
|
PDMR
|
4,514
|
S Cawley
|
PDMR
|
1,641
|
D Dhillon
|
PDMR
|
1,985
|
J Jesic
|
PDMR
|
5,388
|
N Morrison
|
PDMR
|
4,766
|
R Stear
|
PDMR
|
3,971
|
TOTAL
|
|
47,570
|
These awards were granted under the
terms of the Severn Trent Annual Bonus Scheme, in respect of the
year ended 31 March 2024.
The Ordinary Shares will vest on the
third anniversary of grant subject to continued employment.
No consideration was paid for the grant of these awards and no
payment is due on the release of any shares. The share price used
to calculate these awards was based on the average of the
mid-market price for an Ordinary Share in the Company over 6, 7 and
10 June 2024.
The Remuneration Committee has the
discretion to reduce the number of shares subject to award before
vesting or claw back shares acquired (or their equivalent
value) following vesting.
The following notifications, made in
accordance with the requirements of the EU 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
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
|
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
|
Grant of deferred share award under
the Severn Trent Annual Bonus Scheme
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
12,131
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable - Single
transaction
|
e)
|
Date of the transaction
|
2024-06-11
|
f)
|
Place of the transaction
|
Outside a trading venue
|
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
|
Helen Miles
|
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
|
Grant of deferred share award under
the Severn Trent Annual Bonus Scheme
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
7,880
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable - Single
transaction
|
e)
|
Date of the transaction
|
2024-06-11
|
f)
|
Place of the transaction
|
Outside a trading venue
|
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
|
Shane Anderson
|
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 deferred share award under
the Severn Trent Annual Bonus Scheme
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
5,294
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable - Single
transaction
|
e)
|
Date of the transaction
|
2024-06-11
|
f)
|
Place of the transaction
|
Outside a trading venue
|
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
|
Judith Burditt
|
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 deferred share award under
the Severn Trent Annual Bonus Scheme
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
4,514
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable - Single
transaction
|
e)
|
Date of the transaction
|
2024-06-11
|
f)
|
Place of the transaction
|
Outside a trading venue
|
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
|
Stephanie Cawley
|
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 deferred share award under
the Severn Trent Annual Bonus Scheme
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
1,641
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable - Single
transaction
|
e)
|
Date of the transaction
|
2024-06-11
|
f)
|
Place of the transaction
|
Outside a trading venue
|
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
|
Didar Dhillon
|
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 deferred share award under
the Severn Trent Annual Bonus Scheme
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
1,985
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable - Single
transaction
|
e)
|
Date of the transaction
|
2024-06-11
|
f)
|
Place of the transaction
|
Outside a trading venue
|
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
|
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 deferred share award under
the Severn Trent Annual Bonus Scheme
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
5,388
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable - Single
transaction
|
e)
|
Date of the transaction
|
2024-06-11
|
f)
|
Place of the transaction
|
Outside a trading venue
|
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 deferred share award under
the Severn Trent Annual Bonus Scheme
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
4,766
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable - Single
transaction
|
e)
|
Date of the transaction
|
2024-06-11
|
f)
|
Place of the transaction
|
Outside a trading venue
|
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
|
Robert 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 deferred share award under
the Severn Trent Annual Bonus Scheme
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
3,971
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable - Single
transaction
|
e)
|
Date of the transaction
|
2024-06-11
|
f)
|
Place of the transaction
|
Outside a trading venue
|