Pennon Group PLC has announced the notification of transactions of persons discharging managerial responsibilities, in accordance with the EU Market Abuse Regulation. The Group Chief Executive Officer, Susan Davy, and the Group Chief Financial Officer, Steven Buck, each subscribed for 8,356 and 2,054 new ordinary shares of 61.05 pence each in the capital of Pennon Group PLC, respectively, at a price of 730p per share. Additionally, the Chair, Gillian Rider, and Non-Executive Directors Dorothy Burwell and Jonathan Butterworth also subscribed for new ordinary shares at the same price and volume.
The transactions were conducted on the London Stock Exchange (XLON) on 12 January 2024. Each transaction involved the direct subscription for new ordinary shares of 61.05 pence each in the capital of Pennon Group PLC. The identification code for the ordinary shares is GB00BNNTLN49. The aggregated information regarding volume, price, and total was not applicable for these transactions.
These transactions reflect the continued involvement and investment of key individuals within Pennon Group PLC, demonstrating their confidence and commitment to the company's growth and success.