Company Announcements

Director/PDMR Shareholding

Source: RNS
RNS Number : 1020V
Pennon Group PLC
04 August 2020
 

 

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

 

SUSAN JANE DAVY

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

 

CONDITIONAL AWARD OF SHARES PURSUANT TO THE PENNON GROUP LONG-TERM INCENTIVE PLAN.   THE AWARD VESTS AFTER A PERIOD OF THREE YEARS DEPENDENT UPON THE SATISFACTION OF SPECIFIED PERFORMANCE CRITERIA AND OTHER TERMS IN ACCORDANCE WITH THE PLAN. A FURTHER HOLDING PERIOD OF TWO YEARS APPLIES.

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

10.719p

63,812

 

d)

Aggregated information

 

- Volume

 

- Price

 

- Total

 

 

 

63,812

 

£10.719

 

£684,000.83

e)

Date of the transaction

 

3 August 2020

f)

Place of the transaction

 

London Stock Exchange (XLON)

 

 1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

PAUL MICHAEL BOOTE

2

Reason for the notification

 

a)

Position/status

 

GROUP FINANCE DIRECTOR

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

 

CONDITIONAL AWARD OF SHARES PURSUANT TO THE PENNON GROUP LONG-TERM INCENTIVE PLAN.   THE AWARD VESTS AFTER A PERIOD OF THREE YEARS DEPENDENT UPON THE SATISFACTION OF SPECIFIED PERFORMANCE CRITERIA AND OTHER TERMS IN ACCORDANCE WITH THE PLAN. A FURTHER HOLDING PERIOD OF TWO YEARS APPLIES..

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

10.719p

41,982

 

d)

Aggregated information

 

- Volume

 

- Price

 

- Total

 

 

 

41,982

 

£10.719

 

£450,005.06

 

e)

Date of the transaction

 

3 August 2020

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 4 August 2019

 


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