Director/PDMR Shareholding

RNS Number : 7148I

Severn Trent PLC

03 June 2014

 



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 2 June 2014 that it had on 2 June 2014 transferred the beneficial interest in a total of 11,463 Ordinary Shares of 97^17/19p each in the Company (the "Shares") for nil consideration to participants in the Share Matching Plan (the "SMP"), including 6,840 Shares to Directors and Persons Discharging Managerial Responsibilities (PDMRs) of the Company as indicated below, pursuant to awards made under the SMP in 2011.

Participant	Shares, subject to SMP 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	1,236	N/A	582	£19.73	654
M J Kane	1,410	N/A	664	£19.73	746
M J E McKeon	2,606	N/A	1,226	£19.73	1,380
A P Smith	1,588	N/A	747	£19.73	841

www.severntrent.com

 

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