9th Mar 2007 15:07
Northumbrian Water Group PLC09 March 2007 Northumbrian Water Group plc (the "Company") Notification of PDMR's interests and Dealings by employee trusts The Company was informed on 8 March 2007 that Northumbrian Water Share SchemeTrustees Limited (the "LTIP Trustee") of the NWG Long Term Incentive Plan (the"Plan") had on 8 March 2007, transferred 28,848 ordinary 10 pence shares,representing 0.006% of the Company's issued capital, at nil cost to GrahamNeave, a person discharging managerial responsibility ("PDMR") pursuant to therules of the Plan. The transfer of shares is pursuant to a conditional award ofshares made on 27 January 2004. Of these, 11,798 shares (0.002%) were sold tomeet tax liabilities, and the balance of 17,050 shares was transferred to Mrs SNeave. Mr Neave's beneficial holding in the Company is now 17,050 shares,representing 0.003% of the Company's issued share capital. Following this transaction, the LTIP Trustee holds 716,917 shares, representing0.138% of the Company's issued share capital. The LTIP Trustee holds these shares in order to satisfy awards made under theCompany's LTIP, and so John Cuthbert and Chris Green, as executive directors ofthe Company, and Ceri Jones and Graham Neave, as PDMRs, are potentialbeneficiaries of these shares held by the LTIP Trustee. In addition, the Company was advised on 9 March 2007 by the Trustee of theNorthumbrian Water Group plc Share Incentive Plan (the "SIP Trustee") that on 9March 2007 it released 5,929 ordinary 10 pence shares on behalf of certainparticipants of the Company's Share Incentive Plan. Following this transaction the SIP Trustee holds a total of 1,740,662 sharesrepresenting 0.34% of the share capital of the Company. The following people John Cuthbert (Director), Chris Green (Director) and CeriJones (PDMR) are beneficiaries along with other employees, and as such, each isdeemed to be interested in the shares held by the Trustee. This notification is made in accordance with DTR3.1.4R(1). Name of contact and telephone number for queries Jayne Powell, Assistant Company SecretaryTel: 0191 301 6704 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Natwest