Director/PDMR Shareholding

RNS Number : 5548B
Severn Trent PLC
17 June 2016
 

NOTIFICATION OF TRANSACTIONS BY DIRECTORS, PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs") OR CONNECTED PERSONS

 

Notification made in accordance with Disclosure Rule 3.1.4R(1)(a) of the

Disclosure Rules and Transparency Rules.

 

Vesting of Shares under the Severn Trent Share Matching Plan ("SMP")

 

On 15 June 2016, the Trustee transferred the beneficial interest in a total of 2,931 Shares for nil consideration to participants in the SMP, pursuant to awards made under the SMP in 2013, including 1,893 Shares to PDMRs as indicated in the table below.

 

Participant

Number of Shares 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

A Ballance

394

 

N/A

186

£22.10158

 

15.06.16

208

E Dickey

174

 

N/A

83

£22.10158

 

15.06.16

91

M Kane

579

N/A

273

£22.10158

 

15.06.16

 

306

B Kennedy

236

 

N/A

112

£22.10158

 

15.06.16

124

A P Smith

510

 

N/A

240

 

£22.10158

 

15.06.16

270


All of the persons identified in the preceding table notified the Company of the transfer of the Shares to them by the Company and the subsequent sale of such Shares (as disclosed above) on 16 June 2016 pursuant to Disclosure Rule 3.1.2R of the Disclosure and Transparency Rules.

 

 

For further information please contact:

 

Ruban Chandran, Head of Investor Relations

07957 166 615

ruban.chandran@severntrent.co.uk

 

 

www.severntrent.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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