TIDMPNN

RNS Number : 1154Y

Pennon Group PLC

04 September 2020

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                              SUSAN JANE DAVY 
     --------------------------------  -------------------------------------- 
 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 END 
                                         OF THE END 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) 
                                          1000.5 p*    20,503 
                                                      ---------- 
     --------------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Volume                           20,503 SHARES 
 
       - Price                            GBP10.005p* 
 
       - Total                            GBP 205,132.52 
 
                                          * vesting / sale price 
     --------------------------------  -------------------------------------- 
 e)   Date of the transaction           4 SEPTEMBER 2020 
     --------------------------------  -------------------------------------- 
 f)   Place of the transaction          London Stock Exchange (XLON) 
     --------------------------------  -------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                              PAUL MICHAEL BOOTE 
     --------------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                   GROUP FINANCE DIRECTOR 
     --------------------------------  -------------------------------------- 
 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 END 
                                         OF THE END 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) 
                                          1000.5p*    5,379 
                                                     ---------- 
     --------------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Volume                           5,379 SHARES 
 
       - Price                            GBP10.005p* 
 
       - Total                            GBP 53,816.90 
 
                                          * vesting / sale price 
     --------------------------------  -------------------------------------- 
 e)   Date of the transaction           4 SEPTEMBER 2020 
     --------------------------------  -------------------------------------- 
 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 4 SEPTEMBER 2020 
 

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END

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September 04, 2020 09:19 ET (13:19 GMT)

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