RNS Number : 0438R
Pennon Group PLC
18 September 2017
 

Director/PDMR Shareholding

 

Pennon Group Plc

 

Notification of transactions of persons discharging managerial responsibilities

 

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation. 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

STEPHEN CHARLES BIRD

2

Reason for the notification

 

a)

Position/status

 

MANAGING DIRECTOR, SOUTH WEST WATER

b)

Initial notification/Amendment

 

INITIAL NOTIFICATION

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

PENNON GROUP PLC

b)

LEI

 

213800V1CCTS41GWH423

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 40.7p EACH

 

 

GB00B18V8630

b)

Nature of the transaction

 

GROSS VESTING OF SHARES PURSUANT TO THE PENNON GROUP ANNUAL INCENTIVE BONUS PLAN - DEFERRED ELEMENT (THE 'PLAN') FOLLOWING THE END OF THE END OF THE 3 YEAR RESTRICTED PERIOD.  A PROPORTION OF THE VESTED SHARES HAVE BEEN SOLD BY THE SHARE PLANS TRUSTEE TO MEET THE INCOME TAX AND NATIONAL INSURANCE LIABILITIES OF THE PERSON NAMED IN 1(a) ABOVE.

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

792.29p*

 

6,509

d)

Aggregated information

 

- Volume

 

- Price

 

- Total

 

 

 

6,509 SHARES

 

£7.9229p*

 

£51,570.16

 

* vesting / sale price

 

e)

Date of the transaction

 

15 SEPTEMBER 2017

f)

Place of the transaction

 

London Stock Exchange (XLON)

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

SUSAN JANE DAVY

2

Reason for the notification

 

a)

Position/status

 

CHIEF FINANCIAL OFFICER

b)

Initial notification/Amendment

 

INITIAL NOTIFICATION

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

PENNON GROUP PLC

b)

LEI

 

213800V1CCTS41GWH423

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 40.7p EACH

 

 

GB00B18V8630

b)

Nature of the transaction

 

GROSS VESTING OF SHARES PURSUANT TO THE PENNON GROUP ANNUAL INCENTIVE BONUS PLAN - DEFERRED ELEMENT (THE 'PLAN') FOLLOWING THE END OF THE END OF THE 3 YEAR RESTRICTED PERIOD.  A PROPORTION OF THE VESTED SHARES HAVE BEEN SOLD BY THE SHARE PLANS TRUSTEE TO MEET THE INCOME TAX AND NATIONAL INSURANCE LIABILITIES OF THE PERSON NAMED IN 1(a) ABOVE.

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

792.29p*

 

7,543

d)

Aggregated information

 

- Volume

 

- Price

 

- Total

 

 

 

7,543 SHARES

 

£7.9229p*

 

£59,762.43

 

* vesting / sale price

 

e)

Date of the transaction

 

15 SEPTEMBER 2017

f)

Place of the transaction

 

London Stock Exchange (XLON)

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

CHRISTOPHER LOUGHLIN

2

Reason for the notification

 

a)

Position/status

 

GROUP CHIEF EXECUTIVE OFFICER

b)

Initial notification/Amendment

 

INITIAL NOTIFICATION

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

PENNON GROUP PLC

b)

LEI

 

213800V1CCTS41GWH423

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 40.7p EACH

 

 

GB00B18V8630

b)

Nature of the transaction

 

GROSS VESTING OF SHARES PURSUANT TO THE PENNON GROUP ANNUAL INCENTIVE BONUS PLAN - DEFERRED ELEMENT (THE 'PLAN') FOLLOWING THE END OF THE END OF THE 3 YEAR RESTRICTED PERIOD.  A PROPORTION OF THE VESTED SHARES HAVE BEEN SOLD BY THE SHARE PLANS TRUSTEE TO MEET THE INCOME TAX AND NATIONAL INSURANCE LIABILITIES OF THE PERSON NAMED IN 1(a) ABOVE.

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

792.29p*

 

19,552

d)

Aggregated information

 

- Volume

 

- Price

 

- Total

 

 

 

19,552 SHARES

 

£7.9229p*

 

£154,908.54

 

* vesting / sale price

 

e)

Date of the transaction

 

15 SEPTEMBER 2017

f)

Place of the transaction

 

London Stock Exchange (XLON)

 

Name of authorised official of issuer responsible for making notification

KAREN SENIOR, DEPUTY COMPANY SECRETARY

Date of notification 18 SEPTEMBER 2017

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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