Pennon Group Plc has released a regulatory news announcement regarding the notification of transactions of persons discharging managerial responsibilities. Susan Jane Davy, the Group Chief Executive Officer, has acquired shares for the release of conditional awards granted in July 2019, following the expiration of the 2-year holding period under the Company's Long Term Incentive Plan. The subsequent sale of shares was made to cover tax and national insurance liabilities. The acquisition of shares amounted to 89,579 at a price of 5.735, while the sale of shares to cover tax and NI was 42,103 at a price of 5.665. The transaction took place on 3rd July 2024 at the London Stock Exchange (XLON).
For more information, the notification was made in accordance with the requirements of the EU Market Abuse Regulation. The details of the transaction, including the nature, volume, price, and date, were provided in the announcement. Andrew Garard, the Group General Counsel and Company Secretary, was responsible for making the notification.
For further details, the full announcement can be accessed on the company's website.