21st Sep 2006 16:16
Pennon Group PLC21 September 2006 PENNON GROUP PLC FOR IMMEDIATE RELEASE DIRECTORS' SHAREHOLDINGS (PURSUANT TO DR3.1.4R(1)) Pennon Group Plc (the Company) announces that it received notification on 20 September 2006 in accordance with DR3.1.2R and Section 324 (as extended bySection 328) of the Companies Act 1985 that pursuant to the rules of the PennonGroup Restricted Share Plan the Company's three Executive Directors haveobtained a conditional interest in Ordinary shares of 40.7p of the Company asfollows: Number of Ordinary shares Mr C I J H Drummond - 41,363 Mr D J Dupont - 41,363 Mr C Loughlin - 36,099 The shares were awarded on 14 September 2006 at a price of 498.625p per shareand represent the maximum number of shares to which each of the Directors wouldbecome entitled on 14 September 2009 under the Plan if the relevant performancecriterion relating to Total Shareholder Return was met in full. The shares areheld in trust by Pennon Share Plans (Guernsey) Limited, the Plan Trustee. 21 September 2006 www.pennon-group.co.uk End transmission This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Pennon