16th Jul 2026 16:19
16 July 2026
Severn Trent Plc ("Severn Trent" or "the Company")
Director / PDMR Shareholding
Severn Trent Plc announces that, on 16 July 2026, awards over 177,448 Ordinary Shares of 9717/19 pence each ("Ordinary Shares") in the Company were granted under the terms of the Severn Trent Plc Long Term Incentive Plan 2021 (the "Plan"), in line with the Directors' Remuneration Policy approved by shareholders at the Company's 2026 Annual General Meeting. These awards to Directors are set out below.
Name | Status | Number of Shares Subject to Award |
James Jesic | Director | 104,729 |
Helen Miles | Director | 72,719 |
These Ordinary Shares will vest on 25 July 2029, depending on the achievement of performance targets and service with the Company. No consideration was paid for the grant of these awards, and no payment is due on the release of any shares. The share price used to calculate these awards was based on the average of the mid-market price for an Ordinary Share in the Company over 25, 26 and 29 June 2026, in line with previous awards to Persons Discharging Managerial Responsibilities.
The Remuneration Committee has the discretion to make downward or upward adjustments to the vesting of these awards resulting from the application of the Performance Conditions if it believes that the outcomes are not a fair and accurate reflection of overall financial and operational performance, this includes consideration of any windfall gains resulting from share price volatility. It also has the discretion to reduce the number of shares subject to award before vesting or claw back shares acquired (or their equivalent value) following vesting.
The notifications below, which have been made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.
Enquiries
Investors & Analysts | ||
Nicola Whitehouse | Severn Trent Plc | +44 (0) 748 450 8198 |
Head of Investor Relations | ||
| ||
Faye Fahy | Severn Trent Plc | +44 (0) 758 302 6677 |
Investor Relations Manager | ||
www.severntrent.com
LEI: 213800RPBXRETY4A4C59
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | James Jesic | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director | ||||
b) | Initial notification /Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Severn Trent Plc | ||||
b) | LEI | 213800RPBXRETY4A4C59 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 97 17/19 pence each in Severn Trent Plc Identification code for Severn Trent Plc shares: GB00B1FH8J72 | ||||
b) | Nature of the transaction | Grant of conditional award under the Severn Trent Long Term Incentive Plan 2021 | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - Single transaction
| ||||
e) | Date of the transaction | 2026-07-16 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Helen Miles | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director | ||||
b) | Initial notification /Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Severn Trent Plc | ||||
b) | LEI | 213800RPBXRETY4A4C59 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 97 17/19 pence each in Severn Trent Plc Identification code for Severn Trent Plc shares: GB00B1FH8J72 | ||||
b) | Nature of the transaction | Grant of conditional award under the Severn Trent Long Term Incentive Plan 2021 | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - Single transaction
| ||||
e) | Date of the transaction | 2026-07-16 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Related Shares:
Severn Trent