Pennon Group Plc has announced a notification of transactions of persons discharging managerial responsibilities. The notification is in accordance with the requirements of the EU Market Abuse Regulation. The person discharging managerial responsibilities is Paul Michael Boote, the Group Chief Financial Officer. The notification is an initial notification. The issuer is Pennon Group Plc, with the LEI number 213800V1CCTS41GWH423.
The details of the transaction are as follows: the financial instrument is ordinary shares of 61.05p each, with the identification code GB00BNNTLN49. The nature of the transaction is the vesting of the 2020 Long-Term Incentive Plan award, inclusive of dividend re-investment. The award is subject to a further holding period of two years, pursuant to the Pennon Group Long Term Incentive Plan. The price of the transaction is 6.61p per share, with a volume of 20,906 shares. The transaction took place on 3 August 2023, outside a trading venue.
The notification was made by Andrew Garard, the Group General Counsel and Company Secretary of Pennon Group Plc.