Director/PDMR Shareholding

RNS Number : 5609G
Severn Trent PLC
29 June 2012
 



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 28 June 2012 Severn Trent Plc (the "Company") granted:

 

1)         deferred share awards totalling 36,053 Ordinary Shares of 97 17/19 pence each ("Ordinary Shares") in the Company, as procured by the Remuneration Committee on 25 May 2012 under the terms of the Severn Trent Annual Bonus Scheme, in respect of the year ended 31 March 2012, 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 18,024 Ordinary Shares of 97 17/19 pence each in the Company, as awarded by the Remuneration Committee on 25 May 2012 under the terms of the Severn Trent Share Matching Plan, in respect of the year ended 31 March 2012, 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

3,442

1,721

M J Kane

Director

4,324

2,162

M J E McKeon

Director

7,370

3,685

A P Smith

Director

4,468

2,234

A P Wray

Director

9,467

4,733

B Kennedy

PDMR

1,659

829

 

www.severntrent.com

 

 

 


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