Director/PDMR Shareholding

RNS Number : 4906U

Severn Trent PLC

29 July 2015

 



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.

Vesting of a Restricted Award held by Emma Fitzgerald

On 28 July 2015, in accordance with the terms of a Restricted Award agreement between the Company and Emma Fitzgerald (Person Discharging Managerial Responsibility) dated 21 July 2015 ("Agreement"), 14,498 Shares vested pursuant to the Agreement and on 29 July 2015, the independent trustee of the Severn Trent Plc Employee Share Ownership Trust ("Trustee") transferred the beneficial interest in a total of 14,498 Shares to Emma Fitzgerald for nil consideration in satisfaction of the Restricted Award.

Participant	Number of Shares beneficially transferred to PDMR	Number of Shares sold	No. of Shares sold to cover tax liability	Price at which Shares sold	Date of sale of such Shares	Net No. of Shares acquired
E Fitzgerald	14,498	N/A	6,839	£22.002	29 July 2015	7,659

The transfer of the beneficial interest in the Shares by the Trustee to Emma Fitzgerald and the subsequent sale of such Shares (as disclosed above) was notified to the Company by Emma Fitzgerald on 29 July 2015 pursuant to Disclosure Rule 3.1.2R of the Disclosure and Transparency Rules.

www.severntrent.com

 

END

 

 

RDSPKCDBABKDKOB