27th Dec 2007 15:58
Northumbrian Water Group PLC27 December 2007 Northumbrian Water Group plc (the "issuer") Notification of transactions of directors and connected persons The issuer announces that Northumbrian Water Share Scheme Trustees Limited (the"Trustee") of the NWG Long Term Incentive Plan (the "Plan") has today, 27December 2007, transferred ordinary 10 pence shares to directors of the issuerat nil cost pursuant to the rules of the Plan. The transfer of shares ispursuant to a conditional award of shares made on 22 December 2004. John Cuthbert, Managing Director, acquired 48,352 shares under the LTIP,representing 0.009% of the issuer's issued share capital. Of these, 19,810shares (0.004%) were sold at £3.4225 per share to meet tax liabilities. Afurther 8,000 shares were transferred to Mr Cuthbert's children and the balanceof 20,542 shares was transferred to Mrs L E Cuthbert. Mr Cuthbert's beneficialand family interests in the issuer now total 169,068 shares, representing 0.033%of the issuer's issued share capital. Chris Green, Finance Director, acquired 31,913 shares under the LTIP,representing 0.006% of the issuer's issued capital. Of these, 13,090 shares(0.003%) were sold at £3.4225 per share to meet tax liabilities, and the balanceof 18,823 shares was transferred to Mrs G F Green. Mr Green's beneficial andfamily interests in the issuer now total 112,041 shares, representing 0.022% ofthe issuer's issued share capital. This notification is made in accordance with DTR 3.1.4R(1)(a). Name of contact and telephone number for queries: Kate Alsop, Assistant Company Secretary Tel: 0191 301 6701 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Natwest