TIDMPNN

RNS Number : 8308W

Pennon Group PLC

03 August 2018

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      ORDINARY SHARES OF 40.7p EACH 
       instrument, type of instrument 
 
       Identification code               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 
                                         OF THE 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) 
                                          740.08p*    7,318 
                                                     ---------- 
     --------------------------------  ---------------------------------------- 
 d)   Aggregated information 
 
       - Volume                           7,318 SHARES 
 
       - Price                            GBP7.4008p* 
 
       - Total                            GBP54,159.05 
 
                                          * vesting / sale price 
     --------------------------------  ---------------------------------------- 
 e)   Date of the transaction           3 AUGUST 2018 
     --------------------------------  ---------------------------------------- 
 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      ORDINARY SHARES OF 40.7p EACH 
       instrument, type of instrument 
 
       Identification code               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 
                                         OF THE 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) 
                                          740.08p*    9,809 
                                                     ---------- 
     --------------------------------  ---------------------------------------- 
 d)   Aggregated information 
 
       - Volume                           9,809 SHARES 
 
       - Price                            GBP7.4008p* 
 
       - Total                            GBP72,594.45 
 
                                          * vesting / sale price 
     --------------------------------  ---------------------------------------- 
 e)   Date of the transaction           3 AUGUST 2018 
     --------------------------------  ---------------------------------------- 
 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      ORDINARY SHARES OF 40.7p EACH 
       instrument, type of instrument 
 
       Identification code               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 
                                         OF THE 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) 
                                          740.08p*    19,124 
                                                     ---------- 
     --------------------------------  ---------------------------------------- 
 d)   Aggregated information 
 
       - Volume                           19,124 SHARES 
 
       - Price                            GBP7.4008p* 
 
       - Total                            GBP141,532.90 
 
                                          * vesting / sale price 
     --------------------------------  ---------------------------------------- 
 e)   Date of the transaction           3 AUGUST 2018 
     --------------------------------  ---------------------------------------- 
 f)   Place of the transaction          London Stock Exchange (XLON) 
     --------------------------------  ---------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                              PAUL MICHAEL RINGHAM 
     --------------------------------  ---------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status                   COMMERCIAL DIRECTOR, VIRIDOR 
     --------------------------------  ---------------------------------------- 
 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      ORDINARY SHARES OF 40.7p EACH 
       instrument, type of instrument 
 
       Identification code               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) 
                                          740.08p*    2,970 
                                                     ---------- 
     --------------------------------  ---------------------------------------- 
 d)   Aggregated information 
 
       - Volume                           2,970 SHARES 
 
       - Price                            GBP7.4008p* 
 
       - Total                            GBP21,980.38 
 
                                          * vesting / sale price 
     --------------------------------  ---------------------------------------- 
 e)   Date of the transaction           3 AUGUST 2018 
     --------------------------------  ---------------------------------------- 
 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 3 AUGUST 2018 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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August 03, 2018 10:44 ET (14:44 GMT)

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