Director/PDMR Shareholding

RNS Number : 0780K

Severn Trent PLC

08 July 2011

 



NOTIFICATION OF TRANSACTIONS BY DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

Notification made in accordance with Disclosure Rule 3.1.4R(1)(a) of the Disclosure Rules and Transparency Rules.

The independent Trustee of the Severn Trent Plc Employee Share Ownership Trust (the "Trust") notified the Company on 7 July 2011 that it had on 7 July 2011 transferred the beneficial interest in a total of 24,477 Ordinary Shares of 97^17/19p each in the Company (the "Shares") for nil consideration to participants in the Annual Bonus Scheme (the "ABS"), including 23,927 Shares to Directors and Persons Discharging Managerial Responsibilities (PDMRs) of the Company as indicated below, pursuant to awards made under the ABS in 2008.

PDMRs are potential beneficiaries under the Trust and, therefore, (except as disclosed below) their interests in shares held by the Trust ceased on such transfer.

Participant	Shares, subject to ABS Award, transferred to PDMR	No. of  Shares sold	No. of Shares sold to cover tax liability	Price at which Shares sold	Net No. of Shares acquired
A J Ballance	2,124	N/A	1,075	£14.93	1,049
M J Kane	2,287	N/A	1,158	£14.93	1,129
M J E McKeon	7,420	N/A	3,756	£14.93	3,664
A P Smith	3,266	N/A	1,653	£14.93	1,613
F B Smith	2,246	N/A	1,137	£14.93	1,109
A P Wray	6,584	N/A	3,333	£14.93	3,251

www.severntrent.com

 

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