4th Jan 2024 12:06
?LEI: 213800RPBXRETY4A4C59
Severn Trent plc (the "Company") - Notification of Transactions of Directors/Persons Discharging Managerial Responsibility ("PDMRs") and their Closely Associated Persons
Severn Trent Plc (the "Company") has been informed that, on 3 January 2024, options were granted under the Company's approved Sharesave Scheme to eligible employees including the following PDMRs:
Name
| Position
| Number of shares over which option is granted
| Date of Grant
| Period during which or date on which it can be exercised
| Exercise price
|
Olivia Garfield
| Executive Director | 875 | 3-Jan-24 | 6 months from 01-May-27 | £21.20
|
Neil Morrison
| PDMR | 875 | 3-Jan-24 | 6 months from 01-May-27 | £21.20
|
James Jesic
| PDMR | 437 | 3-Jan-24 | 6 months from 01-May-27 | £21.20
|
Stephanie Cawley
| PDMR | 298 | 3-Jan-24 | 6 months from 01-May-29 | £21.20
|
The grant of the above options was notified to the Company by the Director/PDMRs set out above on 3 January 2024.
The notifications set out below, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.
For further information please contact:
Rachel Martin, Head of Investor Relations
+44 (0) 782 462 4011
www.severntrent.com
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Olivia Garfield | ||||
2 | Reason for the notification | |||||
a) | Position/status | Executive 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 options to acquire shares under the Severn Trent Plc Sharesave Scheme. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A (single transaction) | ||||
e) | Date of the transaction | 2024-01-03 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Neil Morrison | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
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 options to acquire shares under the Severn Trent Plc Sharesave Scheme. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A (single transaction) | ||||
e) | Date of the transaction | 2024-01-03 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | James Jesic | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
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 options to acquire shares under the Severn Trent Plc Sharesave Scheme. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A (single transaction) | ||||
e) | Date of the transaction | 2024-01-03 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Stephanie Cawley | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
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 options to acquire shares under the Severn Trent Plc Sharesave Scheme. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A (single transaction) | ||||
e) | Date of the transaction | 2024-01-03 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
Related Shares:
Severn Trent