RNS Number : 6851Y
Severn Trent PLC
04 January 2024
 

?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)

Price(s)

Volume(s)

£21.20

875 Shares

 

 

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)

Price(s)

Volume(s)

£21.20

875 Shares

 

 

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)

Price(s)

Volume(s)

£21.20

437 Shares

 

 

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)

Price(s)

Volume(s)

£21.20

298 Shares

 

 

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)

 

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