11th Aug 2005 16:48
Pennon Group PLC11 August 2005 PENNON GROUP PLC FOR IMMEDIATE RELEASE DIRECTORS' SHAREHOLDINGS (PURSUANT TO DR3.1.4R(1)) Pennon Group Plc announces that it received notification on 11 August 2005pursuant to DR3.1.2R and Section 324 (as extended by Section 328) of theCompanies Act 1985 that pursuant to the rules of the Company's Annual IncentiveBonus Plan - Deferred Element ('the Plan') its three Executive Directors (beingpersons discharging managerial responsibilities) on 10 August 2005 in Englandobtained a conditional interest in Ordinary shares of £111p each in the Companyas follows: Mr R J Baty - 7,479Mr C I J H Drummond - 6,910Mr D J Dupont - 6,823 These shares were awarded at a price of 984p (being the mid market price of theCompany's shares at the close of business the previous day) and subject to theterms of the Plan, are to be held for a period of three years in trust by PennonShare Plans (Guernsey) Limited before release. 11 August 2005 www.pennon-group.co.uk End transmission This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Pennon