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Severn Trent Plc announced on 1 July 2026 that it granted conditional awards over 224,703 Ordinary Shares under its Long Term Incentive Plan 2021 on 30 June 2026. This total included awards over 90,000 Ordinary Shares to six Directors and Persons Discharging Managerial Responsibilities. No consideration was paid for these awards, which are scheduled to vest on 25 July 2029.
| Date | 1 Jul 2026 |
| Time | 11:17:01 |
| Category | Director/PDMR dealings |
| ID | 6170K |
1 July 2026
Severn Trent Plc ("Severn Trent" or "the Company")
Director / PDMR Shareholding
Severn Trent Plc announces that, on 30 June 2026, awards over 224,703 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 2024 Annual General Meeting, including awards over 90,000 Ordinary Shares to Directors and Persons Discharging Managerial Responsibilities as set out below (the "PDMR Awards").
|
Name |
Status |
Number of Shares Subject to Award |
|
Shane Anderson |
PDMR |
17,853 |
|
Paul Baxter |
PDMR |
8,445 |
|
Stephanie Cawley |
PDMR |
17,229 |
|
Didar Dhillon |
PDMR |
15,202 |
|
Neil Morrison |
PDMR |
16,069 |
|
Robert Stear |
PDMR |
15,202 |
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.
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.
For further information please contact:
Nicola Whitehouse, Head of Investor Relations
+44 (0) 7484 508 198
LEI: 213800RPBXRETY4A4C59
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Shane Anderson |
||||
|
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 conditional award under the Severn Trent Long Term Incentive Plan 2021 |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A - Single transaction
|
||||
|
e) |
Date of the transaction |
2026-06-30 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Paul Baxter |
||||
|
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 conditional award under the Severn Trent Long Term Incentive Plan 2021 |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A - Single transaction
|
||||
|
e) |
Date of the transaction |
2026-06-30 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Stephanie Cawley |
||||
|
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 conditional award under the Severn Trent Long Term Incentive Plan 2021 |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A - Single transaction
|
||||
|
e) |
Date of the transaction |
2026-06-30 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Didar Dhillon |
||||
|
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 conditional award under the Severn Trent Long Term Incentive Plan 2021 |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A - Single transaction
|
||||
|
e) |
Date of the transaction |
2026-06-30 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
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 |
Grant of conditional award under the Severn Trent Long Term Incentive Plan 2021 |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
N/A - Single transaction
|
||||
|
e) |
Date of the transaction |
2026-06-30 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Robert Stear |
||||
|
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 conditional award under the Severn Trent Long Term Incentive Plan 2021 |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - Single transaction
|
||||
|
e) |
Date of the transaction |
2026-06-30 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||