UNITED UTILITIES GROUP PLC
(the Company)
Classification - Director/PDMR Shareholding
Notification and public disclosure of transactions by persons discharging managerial responsibilities (PDMRs) and persons closely associated with them
Conditional Awards (Awards) over 460,095 of the Company's ordinary shares were granted to directors and PDMRs as set out below on 15 December 2023 in relation to the performance period from 1 April 2023 to 31 March 2026.
Awards were granted under the rules of the United Utilities Group PLC Long Term Plan 2022 (the Plan) and in accordance with the Directors' Remuneration policy as approved by shareholders at the annual general meeting held in July 2022. Vesting of the Awards will be subject to service with the Company and to the extent to which the performance conditions have been satisfied as determined by the Remuneration Committee once data has been made available. The Awards are subject to uplift for dividends paid on record dates occurring between the date of grant and the vesting date of such Awards. Directors' Awards are subject to a holding period such that they will not vest before the fifth anniversary of the date of grant. PDMR Awards will not vest before the third anniversary of the date of grant. Each Award was granted, at nil cost to the participant, using the middle market price on 14 December 2023. The measures and targets applicable to the Awards are available on the corporate website.
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a)
| Name
| Philip Aspin
| ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Chief Financial Officer/PDMR
| ||||
| b)
| Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a)
| Name
| United Utilities Group PLC | ||||
| b)
| LEI
| 2138002IEYQAOC88ZJ59 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 5p each
GB00B39J2M42 | ||||
| b)
| Nature of the transaction
| Grant of a Conditional Award under the United Utilities Group PLC Long Term Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United Utilities Group PLC for zero consideration. The Conditional Award is subject to a holding period such that it will not vest before the fifth anniversary of the date of grant.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
| ||||
| e)
| Date of the transaction | 2023-12-15 | ||||
| f) | Place of the transaction | Non trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a)
| Name
| Grant Batty
| ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Water Services Director/PDMR
| ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a)
| Name
| United Utilities Group PLC | ||||
| b)
| LEI
| 2138002IEYQAOC88ZJ59 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 5p each
GB00B39J2M42 | ||||
| b)
| Nature of the transaction
| Grant of a Conditional Award under the United Utilities Group PLC Long Term Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United Utilities Group PLC for zero consideration. The Conditional Award will not vest before the third anniversary of the date of grant.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
| ||||
| e)
| Date of the transaction | 2023-12-15 | ||||
| f) | Place of the transaction | Non trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a)
| Name
| Louise Beardmore
| ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Chief Executive Officer/PDMR
| ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a)
| Name
| United Utilities Group PLC | ||||
| b)
| LEI
| 2138002IEYQAOC88ZJ59 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 5p each
GB00B39J2M42 | ||||
| b)
| Nature of the transaction
| Grant of a Conditional Award under the United Utilities Group PLC Long Term Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United Utilities Group PLC for zero consideration. The Conditional Award is subject to a holding period such that it will not vest before the fifth anniversary of the date of grant.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
| ||||
| e)
| Date of the transaction | 2023-12-15 | ||||
| f) | Place of the transaction | Non trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a)
| Name
| James Bullock
| ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Regulation and Compliance Director/PDMR
| ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a)
| Name
| United Utilities Group PLC | ||||
| b)
| LEI
| 2138002IEYQAOC88ZJ59 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 5p each
GB00B39J2M42 | ||||
| b)
| Nature of the transaction
| Grant of a Conditional Award under the United Utilities Group PLC Long Term Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United Utilities Group PLC for zero consideration. The Conditional Award will not vest before the third anniversary of the date of grant.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
| ||||
| e)
| Date of the transaction | 2023-12-15 | ||||
| f) | Place of the transaction | Non trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a)
| Name
| Simon Gardiner
| ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| General Counsel and Company Secretary/PDMR
| ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a)
| Name
| United Utilities Group PLC | ||||
| b)
| LEI
| 2138002IEYQAOC88ZJ59 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 5p each
GB00B39J2M42 | ||||
| b)
| Nature of the transaction
| Grant of a Conditional Award under the United Utilities Group PLC Long Term Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United Utilities Group PLC for zero consideration. The Conditional Award will not vest before the third anniversary of the date of grant.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
| ||||
| e)
| Date of the transaction | 2023-12-15 | ||||
| f) | Place of the transaction | Non trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a)
| Name
| Mark Garth
| ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Wastewater Services Director/PDMR
| ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a)
| Name
| United Utilities Group PLC | ||||
| b)
| LEI
| 2138002IEYQAOC88ZJ59 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 5p each
GB00B39J2M42 | ||||
| b)
| Nature of the transaction
| Grant of a Conditional Award under the United Utilities Group PLC Long Term Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United Utilities Group PLC for zero consideration. The Conditional Award will not vest before the third anniversary of the date of grant.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
| ||||
| e)
| Date of the transaction | 2023-12-15 | ||||
| f) | Place of the transaction | Non trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a)
| Name
| Mike Gauterin
| ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Customer Services and Technology Director/PDMR
| ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a)
| Name
| United Utilities Group PLC | ||||
| b)
| LEI
| 2138002IEYQAOC88ZJ59 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 5p each
GB00B39J2M42 | ||||
| b)
| Nature of the transaction
| Grant of a Conditional Award under the United Utilities Group PLC Long Term Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United Utilities Group PLC for zero consideration. The Conditional Award will not vest before the third anniversary of the date of grant.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
| ||||
| e)
| Date of the transaction | 2023-12-15 | ||||
| f) | Place of the transaction | Non trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a)
| Name
| Neil Gillespie
| ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Director of Transformation and Strategic Programmes/PDMR
| ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a)
| Name
| United Utilities Group PLC | ||||
| b)
| LEI
| 2138002IEYQAOC88ZJ59 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 5p each
GB00B39J2M42 | ||||
| b)
| Nature of the transaction
| Grant of a Conditional Award under the United Utilities Group PLC Long Term Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United Utilities Group PLC for zero consideration. The Conditional Award will not vest before the third anniversary of the date of grant.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
| ||||
| e)
| Date of the transaction | 2023-12-15 | ||||
| f) | Place of the transaction | Non trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a)
| Name
| Jo Harrison
| ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Asset Management Director/PDMR
| ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a)
| Name
| United Utilities Group PLC | ||||
| b)
| LEI
| 2138002IEYQAOC88ZJ59 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 5p each
GB00B39J2M42 | ||||
| b)
| Nature of the transaction
| Grant of a Conditional Award under the United Utilities Group PLC Long Term Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United Utilities Group PLC for zero consideration. The Conditional Award will not vest before the third anniversary of the date of grant.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
| ||||
| e)
| Date of the transaction | 2023-12-15 | ||||
| f) | Place of the transaction | Non trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a)
| Name
| Gaynor Kenyon
| ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Corporate Affairs Director/PDMR
| ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a)
| Name
| United Utilities Group PLC | ||||
| b)
| LEI
| 2138002IEYQAOC88ZJ59 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 5p each
GB00B39J2M42 | ||||
| b)
| Nature of the transaction
| Grant of a Conditional Award under the United Utilities Group PLC Long Term Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United Utilities Group PLC for zero consideration. The Conditional Award will not vest before the third anniversary of the date of grant.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
| ||||
| e)
| Date of the transaction | 2023-12-15 | ||||
| f) | Place of the transaction | Non trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a)
| Name
| Tom Lissett
| ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Bioresource & Green Energy Director/PDMR
| ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a)
| Name
| United Utilities Group PLC | ||||
| b)
| LEI
| 2138002IEYQAOC88ZJ59 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 5p each
GB00B39J2M42 | ||||
| b)
| Nature of the transaction
| Grant of a Conditional Award under the United Utilities Group PLC Long Term Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United Utilities Group PLC for zero consideration. The Conditional Award will not vest before the third anniversary of the date of grant.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
| ||||
| e)
| Date of the transaction | 2023-12-15 | ||||
| f) | Place of the transaction | Non trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a)
| Name
| Adrienne McFarland
| ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| People and Health and Safety Director/PDMR
| ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a)
| Name
| United Utilities Group PLC | ||||
| b)
| LEI
| 2138002IEYQAOC88ZJ59 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 5p each
GB00B39J2M42 | ||||
| b)
| Nature of the transaction
| Grant of a Conditional Award under the United Utilities Group PLC Long Term Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United Utilities Group PLC for zero consideration. The Conditional Award will not vest before the third anniversary of the date of grant.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
| ||||
| e)
| Date of the transaction | 2023-12-15 | ||||
| f) | Place of the transaction | Non trading venue | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a)
| Name
| Jane Simpson
| ||||
| 2
| Reason for the notification | |||||
| a)
| Position/status
| Commercial, Engineering and Capital Delivery Director/PDMR
| ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a)
| Name
| United Utilities Group PLC | ||||
| b)
| LEI
| 2138002IEYQAOC88ZJ59 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
| a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 5p each
GB00B39J2M42 | ||||
| b)
| Nature of the transaction
| Grant of a Conditional Award under the United Utilities Group PLC Long Term Plan 2022 to acquire Ordinary Shares of 5 pence each in the capital of United Utilities Group PLC for zero consideration. The Conditional Award will not vest before the third anniversary of the date of grant.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
| ||||
| e)
| Date of the transaction | 2023-12-15 | ||||
| f) | Place of the transaction | Non trading venue | ||||
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