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Severn Trent PLC - OPTIONS AWARDED UNDER THE STPlc SHARESAVE SCHEME

RNS Number : 5797Y
Severn Trent PLC
02 January 2020
 

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 2020, 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

 

Dr James Jesic

 

PDMR

201

2-Jan-20

6 months from 01-May-23

£17.87

 

 

Neil Morrison

PDMR

503

2-Jan-20

6 months from 01-May-23

£17.87

 

 

Dr Bob Stear

PDMR

503

2-Jan-20

6 months from 01-May-25

£17.87

 

 

 

The grant of the above options was notified to the Company by the PDMRs set out above on 2 January 2020.

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

Dr 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)

£17.87

201 SHARES

 

 

d)

Aggregated information

- Aggregated volume

- Price

N/A (single transaction)

e)

Date of the transaction

2020-01-02

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

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)

£17.87

503 SHARES

 

 

d)

Aggregated information

- Aggregated volume

- Price

N/A (single transaction)

e)

Date of the transaction

2020-01-02

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

Dr Bob Stear

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)

£17.87

503 SHARES

 

 

d)

Aggregated information

- Aggregated volume

- Price

N/A (single transaction)

e)

Date of the transaction

2020-01-02

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 


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Price: 2437

Market: LSE
Market Cap: £5.82 billion
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