Director/PDMR Shareholding
Pennon Group PLC announced on October 3, 2025, the conditional award of ordinary shares of 61.05p each to two persons discharging managerial responsibilities under the 2025 Long-Term Incentive Plan. Chief Executive Officer Susan Jane Davy received a conditional award of 173,983 shares. Chief Financial Officer Laura Flowerdew received a conditional award of 155,567 shares. Both transactions occurred on October 1, 2025, on the London Stock Exchange (XLON) at a price of £4.58 per share. The awards vest after three years, dependent on performance criteria, with a further two-year holding period.
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| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | SUSAN JANE DAVY | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | CHIEF EXECUTIVE OFFICER | ||||
| b) | Initial notification/Amendment | INITIAL NOTIFICATION | ||||
| a) | Name | PENNON GROUP PLC | ||||
| b) | LEI | 213800V1CCTS41GWH423 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | ORDINARY SHARES OF 61.05p EACH GB00BNNTLN49 | ||||
| b) | Nature of the transaction | CONDITIONAL AWARD OF SHARES PURSUANT TO THE PENNON GROUP 20205 LONG-TERM INCENTIVE PLAN. 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 APPLIES. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Volume - Price - Total | N/A | ||||
| e) | Date of the transaction | 1 October 2025 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | LAURA FLOWERDEW | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | CHIEF FINANCIAL OFFICER | ||||
| b) | Initial notification/Amendment | INITIAL NOTIFICATION | ||||
| a) | Name | PENNON GROUP PLC | ||||
| b) | LEI | 213800V1CCTS41GWH423 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | ORDINARY SHARES OF 61.05p EACH GB00BNNTLN49 | ||||
| b) | Nature of the transaction | CONDITIONAL AWARD OF SHARES PURSUANT TO THE PENNON GROUP 2025 LONG-TERM INCENTIVE PLAN. 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 APPLIES. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Volume - Price - Total | N/A | ||||
| e) | Date of the transaction | 1 October 2025 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) |
Name of authorised official of issuer responsible for making notification ANDREW GARARD GROUP GENERAL COUNSEL AND COMPANY SECRETARY Date of notification 3 October 2025
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.