Pennon Group PLC Director/PDMR Shareholding
08 Februar 2024 - 1:14PM
RNS Regulatory News
RNS Number : 5255C
Pennon Group PLC
08 February 2024
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
|
STEVEN BUCK
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
GROUP 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 61.05p
EACH
GB00BNNTLN49
|
|
b)
|
Nature of the transaction
|
As part of Mr Buck's joining
arrangements, a conditional award of shares pursuant to the Pennon
Group Long Term Incentive Plan has been awarded. Full details will
be disclosed in the Annual Report and Accounts 2024.
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 also applies.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£7.142
|
98,711
|
|
|
d)
|
Aggregated information
- Volume
- Price
|
N/A
|
|
e)
|
Date of the transaction
|
08 February 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
Name of authorised official of issuer responsible for making
notification
ANDREW GARARD, GROUP GENERAL COUNSEL
AND COMPANY SECRETARY
Date of notification 08
February 2024
|
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END
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