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On 16 October 2024, Severn Trent Plc announced that Director H Miles, PDMRs J Jesic and N Morrison, and Person Closely Associated L Morrison sold a combined total of 50,150 ordinary shares. Each sale occurred at a price of 2713.6425p per share on the London Stock Exchange. Following these transactions, their individual beneficial interests in shares are 57,040, 13,811, 10,291, and 6,761 respectively.
| Date | 18 Oct 2024 |
| Time | 14:03:18 |
| Category | Director/PDMR dealings |
| ID | 8193I |
LEI: 213800RPBXRETY4A4C59
Severn Trent Plc (the "Company") - Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons
Persons Discharging Managerial Responsibility ("PDMRs") and Persons Closely Associated ("PCAs") have sold ordinary shares of 97 17/19 pence each in Severn Trent Plc as detailed below.
Following the transactions, the PDMRs and PCA have the following holdings of Ordinary Shares in Severn Trent Plc and the PDMRs continue to exceed the Company's shareholding requirements applicable to their role.
|
Director / PDMR |
Date of sale |
Number of shares sold |
Price per share (p) |
Resultant beneficial interest in shares |
|
H Miles |
16 Oct 2024 |
18,472 |
2713.6425p |
57,040 |
|
Total |
57,040 |
|||
|
PDMR |
Date of sale |
Number of shares sold |
Price per share (p) |
Resultant beneficial interest in shares |
|
J Jesic |
16 Oct 2024 |
18,472 |
2713.6425p |
13,811 |
|
Total |
13,811 |
|||
|
PDMR / PCA |
Date of sale |
Number of shares sold |
Price per share (p) |
Resultant interest in shares |
|
N Morrison |
16 Oct 2024 |
6,558 |
2713.6425p |
10,291 |
|
L Morrison |
16 Oct 2024 |
6,648 |
2713.6425p |
6,761 |
|
Total |
17,052 |
|||
The notifications set out below, made in accordance with the requirements of the UK Market Abuse Regulation, give further detail.
For further information please contact:
Rachel Martin, Head of Investor Relations
+44 (0)7824 624011
The attached notifications, made in accordance with the requirements of the UK Market Abuse Regulation, give further detail.
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||
|
a) |
Name |
Helen Miles |
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|
2 |
Reason for the notification |
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|
a) |
Position/status |
Director |
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|
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 |
Sale of Ordinary Shares |
||||||
|
c) |
Price(s) and volume(s) |
|
||||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - Single transaction |
||||||
|
e) |
Date of the transaction |
2024-10-16 |
||||||
|
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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|
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 |
Sale of Ordinary Shares |
||||||
|
c) |
Price(s) and volume(s) |
|
||||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - Single transaction |
||||||
|
e) |
Date of the transaction |
2024-10-16 |
||||||
|
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
||||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||
|
a) |
Name |
Neil Morrison |
||||||
|
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 |
Sale of Ordinary Shares |
||||||
|
c) |
Price(s) and volume(s) |
|
||||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - Single transaction |
||||||
|
e) |
Date of the transaction |
2024-10-16 |
||||||
|
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
||||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||
|
a) |
Name |
Laurence Morrison |
||||||
|
2 |
Reason for the notification |
|||||||
|
a) |
Position/status |
Person Closely Associated with Neil Morrison |
||||||
|
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 |
Sale of Ordinary Shares |
||||||
|
c) |
Price(s) and volume(s) |
|
||||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - Single transaction |
||||||
|
e) |
Date of the transaction |
2024-10-16 |
||||||
|
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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