21st Sep 2006 16:23
Pennon Group PLC21 September 2006 PENNON GROUP PLC FOR IMMEDIATE RELEASE PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (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 that pursuant to the rules of thePennon Group Restricted Share Plan persons discharging managerialresponsibilities in the Company have obtained a conditional interest in Ordinaryshares of 40.7p of the Company as follows: Number of Ordinary shares Dr S C Bird - 15,041 Mr M Hellings - 19,854 Mr R M P Hughes - 12,634 Mr B Hurley - 13,035 Mrs M S Read - 9,048 Mr D B Robertson - 12,634 Mr K Woodier - 21,057 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