Director/PDMR Shareholding

RNS Number : 8365A

Severn Trent PLC

03 January 2018

 

 OPTIONS AWARDED UNDER THE SEVERN TRENT PLC SHARESAVE SCHEME TO PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")

Severn Trent Plc (the "Company") has been informed that, on 2 January 2018, options were granted under the Company's approved Sharesave Scheme to eligible employees including the following Director and PDMR:

Name	Position	Number of shares over which option is granted	Date of Grant	Period during which or date on which it can be exercised	Exercise price
Olivia Garfield	Director	1089	2-Jan-18	6 months from 01-May-21	£16.52
James Jesic	PDMR	544	2-Jan-18	6 months from 01-May-21	£16.52

The grant of the above options was notified to the Company by the PDMRs set out above on 2 January 2018.

The attached notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Olivia Garfield
2	Reason for the notification
a)	Position/status	Chief Executive
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Severn Trent Plc
b)	LEI	213800RPBXRETY4A4C59
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 97 17/19 pence each in Severn Trent Plc Identification code for Severn Trent Plc shares: GB00B1FH8J72
b)	Nature of the transaction	Grant of options to acquire shares under the Severn Trent Plc Sharesave Scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) £16.52 1089 SHARES
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	2018-01-02
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	James Jesic
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Severn Trent Plc
b)	LEI	213800RPBXRETY4A4C59
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 97 17/19 pence each in Severn Trent Plc Identification code for Severn Trent Plc shares: GB00B1FH8J72
b)	Nature of the transaction	Grant of options to acquire shares under the Severn Trent Plc Sharesave Scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) £16.52 544 SHARES
d)	Aggregated information - Aggregated volume - Price	As above
e)	Date of the transaction	2018-01-02
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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