RNS Number : 2423N
Severn Trent PLC
03 May 2024
 

LEI: 213800RPBXRETY4A4C59

 

Severn Trent Plc (the "Company") - Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons

Severn Trent Plc (the "Company") announces that it received notification on 2 May 2024 of the following retention of interest in Ordinary Shares of 97 17/19p (the "Shares") in respect of the undermentioned Persons Discharging Managerial Responsibility ("PDMRs") pursuant to the exercise of options under the Company's 2021 SAYE scheme, as detailed below.  Following the transactions, the PDMRs retain their holding of Ordinary Shares in Severn Trent Plc and continue to exceed the Company's shareholding requirements applicable to their role.

Director/PDMR

Transaction date

Number of shares acquired

Price paid per share (p)

O Garfield (Director)

1 May 2024

967

1860.000p

J Jesic (PDMR)

1 May 2024

483

1860.000p

N Morrison (PDMR)

1 May 2024

483

1860.000p

 

Notifications set out below, made in accordance with the requirements of the UK 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

The attached notifications, made in accordance with the requirements of the UK Market Abuse Regulation, give further details.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Olivia Garfield

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

Acquisition of ordinary shares pursuant to exercise of an SAYE option

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£18.60

967

 

 

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - Single transaction

e)

Date of the transaction

2024-05-01

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

Acquisition of ordinary shares pursuant to exercise of an SAYE option

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£18.60

483

 

 

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - Single transaction

e)

Date of the transaction

2024-05-01

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

Acquisition of ordinary shares pursuant to exercise of an SAYE option

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£18.60

483

 

 

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - Single transaction

e)

Date of the transaction

2024-05-01

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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.
 
END
 
 
DSHQKNBKQBKDNPK