Severn Trent PLC
28 July 2026
28 July 2026
Severn Trent Plc ("Severn Trent" or "the Company")
Director / PDMR Shareholding
Vesting of Shares under the Long Term Incentive Plan 2021 ("LTIP")
The Company announces that on 27 July 2026, the following Directors and PDMRs received a transfer of shares, held by the Company as treasury shares, into their nominee CREST accounts for nil consideration on the vesting of conditional share awards made under the 2023 LTIP*. A sale of shares to cover tax liabilities was also completed on the same day. Details of the transactions are as follows:
|
Name |
Status |
Number of shares transferred |
Number of shares sold |
Net number of shares acquired |
|
James Jesic |
Director |
13,846 |
6,531 |
7,315 |
|
Helen Miles |
Director |
23,829 |
11,240 |
12,589 |
|
Shane Anderson |
PDMR |
11,914 |
5,620 |
6,294 |
|
Paul Baxter |
PDMR |
2,126 |
1,003 |
1,123 |
|
Judith Burditt |
PDMR |
6,729 |
3,174 |
3,555 |
|
Stephanie Cawley |
PDMR |
4,633 |
2,186 |
2,447 |
|
Didar Dhillon |
PDMR |
5,919 |
2,792 |
3,127 |
|
Neil Morrison |
PDMR |
12,180 |
5,745 |
6,435 |
|
Robert Stear |
PDMR |
5,957 |
2,810 |
3,147 |
*Where an Executive Director shareholding requirement applies, shares will be transferred to the Trustee for safekeeping.
The 2023 LTIP award made under the 2021 Remuneration Policy included a stretch element, which was contingent on achieving upper quartile ("UQ") RoRE performance among the Water and Sewerage Companies ("WaSCs"). As all WaSCs have now published their Annual Performance Reports, it has been determined that Severn Trent's three-year average RoRE over the performance period achieved UQ performance, resulting in the RoRE element of the award vesting in full. When combined with the outturn on the sustainability element of the award, the overall vesting outcome of the 2023 LTIP was 90% of maximum for all participants.
The notifications below, which have been made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.
|
Enquiries
Investors & Analysts |
||
|
Nicola Whitehouse |
Severn Trent Plc |
+44 (0) 748 450 8198 |
|
Head of Investor Relations |
||
|
|
||
|
Faye Fahy |
Severn Trent Plc |
+44 (0) 758 302 6677 |
|
Investor Relations Manager |
||
LEI: 213800RPBXRETY4A4C59
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||||||||||||||||
|
a) |
Name |
James Jesic |
||||||||||||||||||||
|
2 |
Reason for the notification |
|||||||||||||||||||||
|
a) |
Position/status |
Director |
||||||||||||||||||||
|
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 |
Acquisition of shares on the vesting of a conditional award granted under the 2023 LTIP and subsequent sale of shares to cover tax and national insurance liabilities. Balance shares transferred to nominee CREST account with no change in beneficial ownership. |
||||||||||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||||||||||
|
d) |
Aggregated information - Aggregated volume - Price |
Acquisition: Volume 13,846 / Price GBP Nil Tax/NI Sale: Volume 6,531 / Price GBP £30.184 |
||||||||||||||||||||
|
e) |
Date of the transaction |
2026-07-27 |
||||||||||||||||||||
|
f) |
Place of the transaction |
Outside a trading venue / London Stock Exchange, Main Market (XLON) |
||||||||||||||||||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||||||||||||||||
|
a) |
Name |
Helen Miles |
||||||||||||||||||||
|
2 |
Reason for the notification |
|||||||||||||||||||||
|
a) |
Position/status |
Director |
||||||||||||||||||||
|
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 |
Acquisition of shares on the vesting of a conditional award granted under the 2023 LTIP and subsequent sale of shares to cover tax and national insurance liabilities. Certificate for balance shares issued and transferred to the Severn Trent Plc Employee Share Ownership Trust under shareholding safekeeping arrangements. No change in beneficial ownership. |
||||||||||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||||||||||
|
d) |
Aggregated information - Aggregated volume - Price |
Acquisition: Volume 23,829 / Price GBP Nil Tax/NI Sale: Volume 11,240 / Price GBP £30.184 |
||||||||||||||||||||
|
e) |
Date of the transaction |
2026-07-27 |
||||||||||||||||||||
|
f) |
Place of the transaction |
Outside a trading venue / London Stock Exchange, Main Market (XLON) |
||||||||||||||||||||
|
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 |
Acquisition of shares on the vesting of a conditional award granted under the 2023 LTIP and subsequent sale of shares to cover tax and national insurance liabilities. Balance shares transferred to nominee CREST account with no change in beneficial ownership. |
||||||||||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||||||||||
|
d) |
Aggregated information - Aggregated volume - Price |
Acquisition: Volume 11,914 / Price GBP Nil Tax/NI Sale: Volume 5,620 / Price GBP £30.184 |
||||||||||||||||||||
|
e) |
Date of the transaction |
2026-07-27 |
||||||||||||||||||||
|
f) |
Place of the transaction |
Outside a trading venue / London Stock Exchange, Main Market (XLON) |
||||||||||||||||||||
|
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 |
Acquisition of shares on the vesting of a conditional award granted under the 2023 LTIP and subsequent sale of shares to cover tax and national insurance liabilities. Balance shares transferred to nominee CREST account with no change in beneficial ownership. |
||||||||||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||||||||||
|
d) |
Aggregated information - Aggregated volume - Price |
Acquisition: Volume 2,126 / Price GBP Nil Tax/NI Sale: Volume 1,003 / Price GBP £30.184 |
||||||||||||||||||||
|
e) |
Date of the transaction |
2026-07-27 |
||||||||||||||||||||
|
f) |
Place of the transaction |
Outside a trading venue / London Stock Exchange, Main Market (XLON) |
||||||||||||||||||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||||||||||||||||
|
a) |
Name |
Judith Burditt |
||||||||||||||||||||
|
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 |
Acquisition of shares on the vesting of a conditional award granted under the 2023 LTIP and subsequent sale of shares to cover tax and national insurance liabilities. Balance shares transferred to nominee CREST account with no change in beneficial ownership. |
||||||||||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||||||||||
|
d) |
Aggregated information - Aggregated volume - Price |
Acquisition: Volume 6,729 / Price GBP Nil Tax/NI Sale: Volume 3,174 / Price GBP £30.184 |
||||||||||||||||||||
|
e) |
Date of the transaction |
2026-07-27 |
||||||||||||||||||||
|
f) |
Place of the transaction |
Outside a trading venue / London Stock Exchange, Main Market (XLON) |
||||||||||||||||||||
|
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 |
Acquisition of shares on the vesting of a conditional award granted under the 2023 LTIP and subsequent sale of shares to cover tax and national insurance liabilities. Balance shares transferred to nominee CREST account with no change in beneficial ownership. |
||||||||||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||||||||||
|
d) |
Aggregated information - Aggregated volume - Price |
Acquisition: Volume 4,633 / Price GBP Nil Tax/NI Sale: Volume 2,186/ Price GBP £30.184 |
||||||||||||||||||||
|
e) |
Date of the transaction |
2026-07-27 |
||||||||||||||||||||
|
f) |
Place of the transaction |
Outside a trading venue / London Stock Exchange, Main Market (XLON) |
||||||||||||||||||||
|
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 |
Acquisition of shares on the vesting of a conditional award granted under the 2023 LTIP and subsequent sale of shares to cover tax and national insurance liabilities. Balance shares transferred to nominee CREST account with no change in beneficial ownership. |
||||||||||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||||||||||
|
d) |
Aggregated information - Aggregated volume - Price |
Acquisition: Volume 5,919 / Price GBP Nil Tax/NI Sale: Volume 2,792 / Price GBP £30.184 |
||||||||||||||||||||
|
e) |
Date of the transaction |
2026-07-27 |
||||||||||||||||||||
|
f) |
Place of the transaction |
Outside a trading venue / 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 |
Acquisition of shares on the vesting of a conditional award granted under the 2023 LTIP and subsequent sale of shares to cover tax and national insurance liabilities. Balance shares transferred to nominee CREST account with no change in beneficial ownership. |
||||||||||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||||||||||
|
d) |
Aggregated information - Aggregated volume - Price |
Acquisition: Volume 12,180 / Price GBP Nil Tax/NI Sale: Volume 5,745 / Price GBP £30.184 |
||||||||||||||||||||
|
e) |
Date of the transaction |
2026-07-27 |
||||||||||||||||||||
|
f) |
Place of the transaction |
Outside a trading venue / London Stock Exchange, Main Market (XLON) |
||||||||||||||||||||
|
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 |
Acquisition of shares on the vesting of a conditional award granted under the 2023 LTIP and subsequent sale of shares to cover tax and national insurance liabilities. Balance shares transferred to nominee CREST account with no change in beneficial ownership. |
||||||||||||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||||||||||||
|
d) |
Aggregated information - Aggregated volume - Price |
Acquisition: Volume 5,957 / Price GBP Nil Tax/NI Sale: Volume 2,810 / Price GBP £30.184 |
||||||||||||||||||||
|
e) |
Date of the transaction |
2026-07-27 |
||||||||||||||||||||
|
f) |
Place of the transaction |
Outside a trading venue / London Stock Exchange, Main Market (XLON) |
||||||||||||||||||||
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