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Pennon Group PLC's Chief Executive Officer, Susan Jane Davy, and Group Chief Financial Officer, Paul Michael Boote, sold ordinary shares on 3 July 2023 on the London Stock Exchange. Susan Jane Davy sold 39,639 shares and Paul Michael Boote sold 10,400 shares, both at a price of 711.6036p per share. These transactions were made to cover tax and national insurance liabilities following the release of conditional awards granted in July 2018 under the Company's Long Term Incentive Plan.
| Date | 4 Jul 2023 |
| Time | 16:09:06 |
| Category | Director/PDMR dealings |
| ID | 9586E |
Pennon Group plc
Director/PDMR Shareholding
Notification of Transactions of Persons Discharging Managerial Responsibilities
The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.
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1 |
Details of the person discharging managerial responsibilities/person closely associated
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a) |
Name
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SUSAN JANE DAVY |
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2 |
Reason for the notification
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a) |
Position/status
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CHIEF EXECUTIVE OFFICER |
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b) |
Initial notification/Amendment
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INITIAL NOTIFICATION |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a) |
Name
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PENNON GROUP PLC |
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b) |
LEI
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213800V1CCTS41GWH423 |
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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
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a) |
Description of the financial instrument, type of instrument
Identification code
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ORDINARY SHARES OF 61.05p EACH
GB00BNNTLN49 |
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b) |
Nature of the transaction
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Sale of shares to cover tax and national insurance liabilities, following the release of conditional awards, granted in July 2018 and subject to a 2-year holding period which has now expired, under the Company's Long Term Incentive Plan.
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c) |
Price(s) and volume(s)
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d) |
Aggregated information
- Volume
- Price
- Total
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e) |
Date of the transaction
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3 July 2023 |
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f) |
Place of the transaction
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London Stock Exchange (XLON) |
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1 |
Details of the person discharging managerial responsibilities/person closely associated
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a) |
Name
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PAUL MICHAEL BOOTE |
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2 |
Reason for the notification
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a) |
Position/status
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GROUP CHIEF FINANCIAL OFFICER |
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b) |
Initial notification/Amendment
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INITIAL NOTIFICATION |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a) |
Name
|
PENNON GROUP PLC |
||||
|
b) |
LEI
|
213800V1CCTS41GWH423 |
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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 61.05p EACH
GB00BNNTLN49 |
||||
|
b) |
Nature of the transaction
|
Sale of shares to cover tax and national insurance liabilities, following the release of conditional awards, granted in July 2018 and subject to a 2-year holding period which has now expired, under the Company's Long Term Incentive Plan.
|
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information
- Volume
- Price
- Total
|
|
||||
|
e) |
Date of the transaction
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3 July 2023 |
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f) |
Place of the transaction
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London Stock Exchange (XLON) |
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Name of authorised official of issuer responsible for making notification ANDREW GARARD, GROUP GENERAL COUNSEL AND COMPANY SECRETARY Date of notification 4 July 2023 |