Director/PDMR Shareholding

Summary by AI BETAClose X

Severn Trent Plc announced on 16 July 2026 that awards under its Long Term Incentive Plan 2021 were granted to directors, with James Jesic receiving 104,729 Ordinary Shares and Helen Miles receiving 72,719 Ordinary Shares. These awards, which vest on 25 July 2029 subject to performance targets and continued service, were granted at nil consideration. The share price used for calculation was based on the average mid-market price from 25, 26, and 29 June 2026, with the Remuneration Committee retaining discretion to adjust vesting outcomes.

Disclaimer*

Severn Trent PLC
16 July 2026
 

16 July 2026

Severn Trent Plc ("Severn Trent" or "the Company")

Director / PDMR Shareholding

Severn Trent Plc announces that, on 16 July 2026, awards over 177,448 Ordinary Shares of 9717/19 pence each ("Ordinary Shares") in the Company were granted under the terms of the Severn Trent Plc Long Term Incentive Plan 2021 (the "Plan"), in line with the Directors' Remuneration Policy approved by shareholders at the Company's 2026 Annual General Meeting.  These awards to Directors are set out below.

 

Name

Status

Number of Shares Subject to Award

James Jesic

Director

104,729

Helen Miles

Director

72,719

These Ordinary Shares will vest on 25 July 2029, depending on the achievement of performance targets and service with the Company.  No consideration was paid for the grant of these awards, and no payment is due on the release of any shares.  The share price used to calculate these awards was based on the average of the mid-market price for an Ordinary Share in the Company over 25, 26 and 29 June 2026, in line with previous awards to Persons Discharging Managerial Responsibilities.

The Remuneration Committee has the discretion to make downward or upward adjustments to the vesting of these awards resulting from the application of the Performance Conditions if it believes that the outcomes are not a fair and accurate reflection of overall financial and operational performance, this includes consideration of any windfall gains resulting from share price volatility. It also has the discretion to reduce the number of shares subject to award before vesting or claw back shares acquired (or their equivalent value) following vesting.

The notifications below, which have been made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.

 

Enquiries

 

Investors & Analysts



Nicola Whitehouse

Severn Trent Plc

+44 (0) 748 450 8198

Head of Investor Relations



 



Faye Fahy

Severn Trent Plc

+44 (0) 758 302 6677

Investor Relations Manager






 

www.severntrent.com

 

LEI: 213800RPBXRETY4A4C59

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

James Jesic

2

Reason for the notification

a)

Position/status

Director

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 conditional award under the Severn Trent Long Term Incentive Plan 2021

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

104,729

d)

Aggregated information

- Aggregated volume

- Price

N/A - Single transaction

 

e)

Date of the transaction

2026-07-16

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Helen Miles

2

Reason for the notification

a)

Position/status

Director

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 conditional award under the Severn Trent Long Term Incentive Plan 2021

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

72,719

d)

Aggregated information

- Aggregated volume

- Price

N/A - Single transaction

 

e)

Date of the transaction

2026-07-16

f)

Place of the transaction

Outside a trading venue

 

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END
 
 

Companies

Severn Trent (SVT)
UK 100

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