30th Sep 2010 15:54
UNITED UTILITIES GROUP PLC DIRECTOR'S / PDMR SHAREHOLDING
In accordance with Disclosure Rule 3.1.2, United Utilities Group PLC (`United Utilities') discloses that Russ Houlden, who takes up his position as CFO with the company on 1 October, 2010 has today purchased 36,454 ordinary shares in the company, at 572p per share.
Furthermore, provided Mr Houlden maintains this shareholding and remains in employment with the company throughout the next 5 years, United Utilities has agreed to match this investment on a one-for-one basis, thereby aligning his interests with those of the company's other shareholders. These matched shares, together with additional shares from notional reinvestment of dividends, will transfer to Mr Houlden at the end of the 5-year period.
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Further information can be obtained from Jane Gilmore, +44 (0) 1925 237052
United Utilities Group's ordinary shares trade on the London Stock Exchange and its ADRs, each equal to two ordinary shares, trade over the counter using the trading symbol "UUGRY"
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