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Severn Trent PLC - Director/PDMR Shareholding

RNS Number : 8365A
Severn Trent PLC
03 January 2018
 

OPTIONS AWARDED UNDER THE SEVERN TRENT PLC SHARESAVE SCHEME TO PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")

Severn Trent Plc (the "Company") has been informed that, on 2 January 2018, options were granted under the Company's approved Sharesave Scheme to eligible employees including the following Director and PDMR:

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

 

Director

1089

2-Jan-18

6 months from 01-May-21

£16.52

James Jesic

     PDMR

544

2-Jan-18

6 months from 01-May-21

£16.52

 

The grant of the above options was notified to the Company by the PDMRs set out above on 2 January 2018.

The attached notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Olivia Garfield

2

Reason for the notification

a)

Position/status

 Chief Executive

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)

£16.52

1089 SHARES

 

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

2018-01-02

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

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)

£16.52

544 SHARES

 

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

2018-01-02

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Quick facts: Severn Trent

Price: 2479

Market: LSE
Market Cap: £5.91 billion
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