Severn Trent (GB:SVT) has released an update.
Directors and PDMRs at Severn Trent have received a significant number of shares upon the vesting of awards from the Long Term Incentive Plan of 2021, with a portion sold to cover tax liabilities. The vesting was fully realized as Severn Trent achieved an Upper Quartile return on regulatory equity compared to other Water and Sewerage Companies. Share prices for tax-related sales were listed at £24.997949 per share on the London Stock Exchange.
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