Director/PDMR Shareholding

RNS Number : 9827B

Severn Trent PLC

22 June 2016

 

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 21 June 2016, Severn Trent Plc ("the Company") granted 193,012 Ordinary Shares under the terms of the Severn Trent Plc Long Term Incentive Plan 2014 (the "Plan") following approval of the Directors' Remuneration Policy by shareholders at the Company's 2015 Annual General Meeting, including 142,979 Ordinary Shares to the Directors and PDMRs of the Company as set out below.  These Ordinary Shares will vest at the end of a three year performance period, depending on the achievement of performance targets and service with the Company.

Name	Status	No. of LTIP Shares Subject to Award
O R Garfield	Director	46,115
J Bowling	Director	18,529
E FitzGerald	Director	14,453
S Bentley	PDMR	11,807
A P Smith	PDMR	10,676
M J Kane	PDMR	6,073
A J Ballance	PDMR	8,849
H Miles	PDMR	10,217
B Kennedy	PDMR	9,957
E Dickey	PDMR	6,303

The Company received notification, pursuant to Disclosure Rule 3.1.2R of the Disclosure and Transparency Rules, from each of the PDMRs on 22 June 2016 concerning the grant of their Award (as set out above).

www.severntrent.com

 

END

 

 

DSHAKBDDBBKDQAB