TIDMPNN

RNS Number : 9115G

Pennon Group PLC

26 July 2019

Director/PDMR Shareholding

Pennon Group plc

Notification of transactions of persons discharging managerial responsibilities

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                              CHRISTOPHER LOUGHLIN 
     --------------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                   GROUP CHIEF EXECUTIVE OFFICER 
     --------------------------------  -------------------------------------- 
 b)   Initial notification/Amendment    INITIAL NOTIFICATION 
     --------------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                              PENNON GROUP PLC 
     --------------------------------  -------------------------------------- 
 b)   LEI                               213800V1CCTS41GWH423 
     --------------------------------  -------------------------------------- 
 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      ORDINARY SHARES OF 40.7p EACH 
       instrument, type of instrument 
 
       Identification code               GB00B18V8630 
     --------------------------------  -------------------------------------- 
 b)   Nature of the transaction         GROSS VESTING OF SHARES PURSUANT 
                                         TO THE PENNON GROUP ANNUAL INCENTIVE 
                                         BONUS PLAN - DEFERRED ELEMENT 
                                         (THE 'PLAN') FOLLOWING THE 
                                         OF THE OF THE 3 YEAR RESTRICTED 
                                         PERIOD. A PROPORTION OF THE VESTED 
                                         SHARES HAVE BEEN SOLD BY THE 
                                         SHARE PLANS TRUSTEE TO MEET THE 
                                         INCOME TAX AND NATIONAL INSURANCE 
                                         LIABILITIES OF THE PERSON NAMED 
                                         IN 1(a) ABOVE. 
     --------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                          758.0p*     18,759 
                                                     ---------- 
     --------------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Volume                           18,759 SHARES 
 
       - Price                            GBP7.580* 
 
       - Total                            GBP142,193.22 
 
                                          * vesting / sale price 
     --------------------------------  -------------------------------------- 
 e)   Date of the transaction           25 JULY 2019 
     --------------------------------  -------------------------------------- 
 f)   Place of the transaction          London Stock Exchange (XLON) 
     --------------------------------  -------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                              SUSAN JANE DAVY 
     --------------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                   CHIEF FINANCIAL OFFICER 
     --------------------------------  -------------------------------------- 
 b)   Initial notification/Amendment    INITIAL NOTIFICATION 
     --------------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                              PENNON GROUP PLC 
     --------------------------------  -------------------------------------- 
 b)   LEI                               213800V1CCTS41GWH423 
     --------------------------------  -------------------------------------- 
 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      ORDINARY SHARES OF 40.7p EACH 
       instrument, type of instrument 
 
       Identification code               GB00B18V8630 
     --------------------------------  -------------------------------------- 
 b)   Nature of the transaction         GROSS VESTING OF SHARES PURSUANT 
                                         TO THE PENNON GROUP ANNUAL INCENTIVE 
                                         BONUS PLAN - DEFERRED ELEMENT 
                                         (THE 'PLAN') FOLLOWING THE 
                                         OF THE OF THE 3 YEAR RESTRICTED 
                                         PERIOD. A PROPORTION OF THE VESTED 
                                         SHARES HAVE BEEN SOLD BY THE 
                                         SHARE PLANS TRUSTEE TO MEET THE 
                                         INCOME TAX AND NATIONAL INSURANCE 
                                         LIABILITIES OF THE PERSON NAMED 
                                         IN 1(a) ABOVE. 
     --------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                          758.0p*     12,524 
                                                     ---------- 
     --------------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Volume                           12,524 SHARES 
 
       - Price                            GBP7.580* 
 
       - Total                            GBP94,931.92 
 
                                          * vesting / sale price 
     --------------------------------  -------------------------------------- 
 e)   Date of the transaction           25 JULY 2019 
     --------------------------------  -------------------------------------- 
 f)   Place of the transaction          London Stock Exchange (XLON) 
     --------------------------------  -------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                              SARAH HEALD 
     --------------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                   DIRECTOR OF CORPORATE AFFAIRS 
                                         & INVESTOR RELATIONS 
     --------------------------------  -------------------------------------- 
 b)   Initial notification/Amendment    INITIAL NOTIFICATION 
     --------------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                              PENNON GROUP PLC 
     --------------------------------  -------------------------------------- 
 b)   LEI                               213800V1CCTS41GWH423 
     --------------------------------  -------------------------------------- 
 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      ORDINARY SHARES OF 40.7p EACH 
       instrument, type of instrument 
 
       Identification code               GB00B18V8630 
     --------------------------------  -------------------------------------- 
 b)   Nature of the transaction         GROSS VESTING OF SHARES PURSUANT 
                                         TO THE PENNON GROUP ANNUAL INCENTIVE 
                                         BONUS PLAN - DEFERRED ELEMENT 
                                         (THE 'PLAN') FOLLOWING THE 
                                         OF THE OF THE 3 YEAR RESTRICTED 
                                         PERIOD. A PROPORTION OF THE VESTED 
                                         SHARES HAVE BEEN SOLD BY THE 
                                         SHARE PLANS TRUSTEE TO MEET THE 
                                         INCOME TAX AND NATIONAL INSURANCE 
                                         LIABILITIES OF THE PERSON NAMED 
                                         IN 1(a) ABOVE. 
     --------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                          758.0p*     1,326 
                                                     ---------- 
     --------------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Volume                           1,326 SHARES 
 
       - Price                            GBP7.580* 
 
       - Total                            GBP10,051.08 
 
                                          * vesting / sale price 
     --------------------------------  -------------------------------------- 
 e)   Date of the transaction           25 JULY 2019 
     --------------------------------  -------------------------------------- 
 f)   Place of the transaction          London Stock Exchange (XLON) 
     --------------------------------  -------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                              PHILLIP CHARLES PIDDINGTON 
     --------------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                   MANAGING DIRECTOR, VIRIDOR 
     --------------------------------  -------------------------------------- 
 b)   Initial notification/Amendment    INITIAL NOTIFICATION 
     --------------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                              PENNON GROUP PLC 
     --------------------------------  -------------------------------------- 
 b)   LEI                               213800V1CCTS41GWH423 
     --------------------------------  -------------------------------------- 
 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      ORDINARY SHARES OF 40.7p EACH 
       instrument, type of instrument 
 
       Identification code               GB00B18V8630 
     --------------------------------  -------------------------------------- 
 b)   Nature of the transaction         GROSS VESTING OF SHARES PURSUANT 
                                         TO THE PENNON GROUP ANNUAL INCENTIVE 
                                         BONUS PLAN - DEFERRED ELEMENT 
                                         (THE 'PLAN') FOLLOWING THE 
                                         OF THE OF THE 3 YEAR RESTRICTED 
                                         PERIOD. A PROPORTION OF THE VESTED 
                                         SHARES HAVE BEEN SOLD BY THE 
                                         SHARE PLANS TRUSTEE TO MEET THE 
                                         INCOME TAX AND NATIONAL INSURANCE 
                                         LIABILITIES OF THE PERSON NAMED 
                                         IN 1(a) ABOVE. 
     --------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                          758.0p*     3,636 
                                                     ---------- 
     --------------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Volume                           3,636 SHARES 
 
       - Price                            GBP7.580* 
 
       - Total                            GBP27,560.88 
 
                                          * vesting / sale price 
     --------------------------------  -------------------------------------- 
 e)   Date of the transaction           25 JULY 2019 
     --------------------------------  -------------------------------------- 
 f)   Place of the transaction          London Stock Exchange (XLON) 
     --------------------------------  -------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                              SIMON ANTHONY FOLLETT PUGSLEY 
     --------------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                   GROUP GENERAL COUNSEL AND COMPANY 
                                         SECRETARY 
     --------------------------------  -------------------------------------- 
 b)   Initial notification/Amendment    INITIAL NOTIFICATION 
     --------------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                              PENNON GROUP PLC 
     --------------------------------  -------------------------------------- 
 b)   LEI                               213800V1CCTS41GWH423 
     --------------------------------  -------------------------------------- 
 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      ORDINARY SHARES OF 40.7p EACH 
       instrument, type of instrument 
 
       Identification code               GB00B18V8630 
     --------------------------------  -------------------------------------- 
 b)   Nature of the transaction         GROSS VESTING OF SHARES PURSUANT 
                                         TO THE PENNON GROUP ANNUAL INCENTIVE 
                                         BONUS PLAN - DEFERRED ELEMENT 
                                         (THE 'PLAN') FOLLOWING THE 
                                         OF THE OF THE 3 YEAR RESTRICTED 
                                         PERIOD. A PROPORTION OF THE VESTED 
                                         SHARES HAVE BEEN SOLD BY THE 
                                         SHARE PLANS TRUSTEE TO MEET THE 
                                         INCOME TAX AND NATIONAL INSURANCE 
                                         LIABILITIES OF THE PERSON NAMED 
                                         IN 1(a) ABOVE. 
     --------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                          758.0p*     2,336 
                                                     ---------- 
     --------------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Volume                           2,336 SHARES 
 
       - Price                            GBP7.580* 
 
       - Total                            GBP17,706.88 
 
                                          * vesting / sale price 
     --------------------------------  -------------------------------------- 
 e)   Date of the transaction           25 JULY 2019 
     --------------------------------  -------------------------------------- 
 f)   Place of the transaction          London Stock Exchange (XLON) 
     --------------------------------  -------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                              PAUL MICHAEL RINGHAM 
     --------------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                   COMMERCIAL DIRECTOR, VIRIDOR 
     --------------------------------  -------------------------------------- 
 b)   Initial notification/Amendment    INITIAL NOTIFICATION 
     --------------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                              PENNON GROUP PLC 
     --------------------------------  -------------------------------------- 
 b)   LEI                               213800V1CCTS41GWH423 
     --------------------------------  -------------------------------------- 
 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      ORDINARY SHARES OF 40.7p EACH 
       instrument, type of instrument 
 
       Identification code               GB00B18V8630 
     --------------------------------  -------------------------------------- 
 b)   Nature of the transaction         GROSS VESTING OF SHARES PURSUANT 
                                         TO THE PENNON GROUP ANNUAL INCENTIVE 
                                         BONUS PLAN - DEFERRED ELEMENT 
                                         (THE 'PLAN') FOLLOWING THE 
                                         OF THE OF THE 3 YEAR RESTRICTED 
                                         PERIOD. A PROPORTION OF THE VESTED 
                                         SHARES HAVE BEEN SOLD BY THE 
                                         SHARE PLANS TRUSTEE TO MEET THE 
                                         INCOME TAX AND NATIONAL INSURANCE 
                                         LIABILITIES OF THE PERSON NAMED 
                                         IN 1(a) ABOVE. 
     --------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                          758.0p*     4,343 
                                                     ---------- 
     --------------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Volume                           4,343 SHARES 
 
       - Price                            GBP7.580* 
 
       - Total                            GBP32,919.94 
 
                                          * vesting / sale price 
     --------------------------------  -------------------------------------- 
 e)   Date of the transaction           25 JULY 2019 
     --------------------------------  -------------------------------------- 
 f)   Place of the transaction          London Stock Exchange (XLON) 
     --------------------------------  -------------------------------------- 
 
 
 Name of authorised official of issuer responsible for making 
  notification 
  KAREN SENIOR, DEPUTY COMPANY SECRETARY 
  Date of notification 26 JULY 2019 
 

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END

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July 26, 2019 09:25 ET (13:25 GMT)

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