Director/PDMR Shareholding

RNS Number : 0542I

Severn Trent PLC

27 June 2013

 



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.

On 26 June 2013 Severn Trent Plc (the "Company") granted:

1)         deferred share awards totalling 67,609 Ordinary Shares of 97 ^17/19 pence each ("Ordinary Shares") in the Company, as procured by the Remuneration Committee on 13 June 2013 under the terms of the Severn Trent Annual Bonus Scheme, in respect of the year ended 31 March 2013, to the Directors and Persons Discharging Managerial Responsibilities ("PDMR") of the Company as set out below.  The Ordinary Shares will vest on the third anniversary of the award subject to continued employment; and

2)         matching share awards totalling 33,803 Ordinary Shares of 97 ^17/19 pence each in the Company, as awarded by the Remuneration Committee on 13 June 2013 under the terms of the Severn Trent Share Matching Plan, in respect of the year ended 31 March 2013, to the Directors and Persons Discharging Managerial Responsibilities ("PDMR") of the Company as set out below.  The Ordinary Shares will vest on the third anniversary of award subject to continued employment and achievement of performance targets.

Name	Status	No. of Deferred Shares Subject to Award	No of Matching Shares Subject to Award
A J Ballance	Director	5,926	2,963
M J Kane	Director	8,721	4,360
M J E McKeon	Director	13,514	6,757
A P Smith	Director	7,684	3,842
A P Wray	Director	16,546	8,273
B Kennedy	PDMR	3,552	1,776

www.severntrent.com

 

END

 

 

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