?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
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) |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.