03 August 2010
UNITED UTILITIES GROUP PLC
DIRECTORS' AND PDMR'S SHAREHOLDINGS
NOTIONAL AND ACTUAL DIVIDEND REINVESTMENTS
3 AUGUST 2010
Performance Share Plan
Under the rules of the performance share plan, awards are subject to uplift for notional dividends made or paid during the performance period. Accordingly, the dividend shares shown below have been notionally added to and form part of the award. In respect of the final dividend of 23.13 pence per share paid on 2 August 2010, the number of additional shares granted has been calculated using the closing share price on 2 August 2010 of 590.5 pence per share. The figures reflect the maximum number of shares over which the option might be exercised. The actual number will depend upon the extent to which the established performance conditions are satisfied over the performance period. The awards are issued for nil consideration and may be exercised at nil cost to the participant.
Awarded 5 August 2008 - Performance period 1 April 2008 to 31 March 2011
|
Name of person discharging managerial responsibilities |
Original no. of Ordinary shares awarded |
Cumulative balance on which notional dividend paid |
Shares added for dividend paid 2 August 2010 |
Balance carried forward |
|
Philip Green |
75,121 |
85,670 |
3,355 |
89,025 |
|
Charlie Cornish |
36,355 |
41,459 |
1,623 |
43,082 |
|
Gaynor Kenyon |
11,872 |
13,536 |
530 |
14,066 |
|
Alison Clarke |
19,368 |
22,086 |
865 |
22,951 |
|
Tom Keevil |
20,803 |
23,723 |
929 |
24,652 |
|
Matthew Wright |
15,602 |
17,791 |
696 |
18,487 |
Awarded 23 June 2009 - Performance period 1 April 2009 to 31 March 2012
|
Name of person discharging managerial responsibilities |
Original
no. of Ordinary shares awarded |
Cumulative balance on which notional dividend paid |
Shares added for dividend paid 2 August 2010 |
Balance carried forward |
|
Philip Green |
111,164 |
119,022 |
4,662 |
123,684 |
|
Charlie Cornish |
53,771 |
57,571 |
2,255 |
59,826 |
|
Gaynor Kenyon |
16,467 |
17,630 |
690 |
18,320 |
|
Tom Keevil |
28,855 |
30,894 |
1,210 |
32,104 |
|
Alison Clarke |
26,865 |
28,763 |
1,126 |
29,889 |
|
Matthew Wright |
23,631 |
25,301 |
991 |
26,292 |
|
Steven Fraser |
19,900 |
21,305 |
834 |
22,139 |
Awarded 13 July 2010 - Performance period 1 April 2010 to 31 March 2013
|
Name of director/senior manager discharging managerial responsibilities |
Original no. of Ordinary shares awarded |
Shares added for dividend paid 2 August 2010 |
Balance carried forward |
|
Philip Green |
100,739 |
3,945 |
104,684 |
|
Tom Keevil |
26,149 |
1,024 |
27,173 |
|
Alison Clarke |
24,346 |
953 |
25,299 |
|
Paul Worthington |
22,091 |
865 |
22,956 |
|
Gaynor Kenyon |
14,923 |
584 |
15,507 |
|
Matthew Wright |
21,415 |
838 |
22,253 |
|
Steven Fraser |
18,034 |
706 |
18,740 |
Matching Share Plan
Under the rules of the matching share plan, awards are subject to uplift for notional dividends made or paid during the performance period. Accordingly, the dividend shares shown below have been notionally added to and form part of the award. In respect of the final dividend of 23.13 pence per share paid on 2 August 2010, the number of additional shares granted has been calculated using the closing share price on 2 August 2010 of 590.5 pence per share. The figures reflect the maximum number of shares over which the option might be exercised. The actual number will depend upon the extent to which the established performance conditions are satisfied over the performance period. The awards are issued for nil consideration and may be exercised at nil cost to the participant.
Awarded 5 August 2008 Performance period 1 April 2008 to 31 March 2011
|
Name of director/senior manager discharging managerial responsibilities |
No. of Ordinary shares awarded |
Cumulative balance on which notional dividend paid |
Shares added for dividend paid 2 August 2010 |
Balance carried forward |
|
Charlie Cornish |
18,475 |
21,068 |
825 |
21,893 |
|
Philip Green |
65,755 |
74,988 |
2,937 |
77,925 |
|
Gaynor Kenyon |
5,305 |
6,047 |
236 |
6,283 |
|
Alison Clarke |
8,273 |
9,433 |
369 |
9,802 |
|
Tom Keevil |
3,082 |
3,512 |
137 |
3,649 |
Awarded 23 June 2009 Performance period 1 April 2009 to 31 March 2012
|
Name of director/senior manager discharging managerial responsibilities |
No. of Ordinary shares awarded |
Cumulative balance on which notional dividend paid |
Shares added for dividend paid 2 August 2010 |
Balance carried forward |
|
Philip Green |
33,956 |
36,356 |
1,424 |
37,780 |
|
Alison Clarke |
4,073 |
4,360 |
170 |
4,530 |
|
Matthew Wright |
2,595 |
2,778 |
108 |
2,886 |
Awarded 13 July 2010 Performance period 1 April 2010 to 31 March 2013
|
Name of director/senior manager discharging managerial responsibilities |
No. of Ordinary shares awarded |
Shares added for dividend paid 2 August 2010 |
Balance carried forward |
|
Tom Keevil |
13,943 |
546 |
14,489 |
|
Matthew Wright |
10,669 |
417 |
11,086 |
Deferred Share Award Plan
Under the rules of the deferred share award scheme ('the scheme') awards are subject to uplift for notional dividends made or paid during the vesting period. Accordingly the dividend shares shown below have been notionally added to and form part of the award. In respect of the final dividend of 23.13 pence per share paid on 2 August 2010, the number of additional shares awarded has been calculated using the closing share price on 2 August 2010 of 590.5 pence per share. Under the terms of the scheme, awards will (which are structured as options to acquire shares in the company with a zero exercise price) be satisfied by using shares purchased in the market or by payment of a cash amount equal to the market value, on the date of exercise, of the shares (including dividend equivalent shares) held. Newly issued or treasury shares cannot be used to satisfy awards under this plan. No directors of the company can participate in the scheme. The awards will normally become capable of exercise after the end of the vesting period and must be exercised within 90 days thereafter. The ability to exercise an award is not subject to satisfying a performance target.
Vesting period - 30 January 2009 - 5 August 2011
|
Name of director/senior manager discharging managerial responsibilities |
No. of Ordinary shares awarded |
Cumulative balance on which notional dividend paid |
Shares added for dividend paid 2 August 2010 |
Balance carried forward |
|
Steven Fraser |
6,767 |
7,382 |
289 |
7,671 |
|
Matthew Wright |
8,555 |
9,331 |
365 |
9,696 |
Vesting period - 23 June 2009 - 23 June 2012
|
Name of director/senior manager discharging managerial responsibilities |
No. of Ordinary shares awarded |
Cumulative balance on which notional dividend paid |
Shares added for dividend paid 2 August 2010 |
Balance carried forward |
|
Steven Fraser |
6,766 |
7,244 |
283 |
7,527 |
Share Incentive Plan
Notification was been received today that the Trustee, Equiniti Share Plan Trustees Limited, purchased ordinary shares of 5p each on behalf of the following directors/PDMRs on 2 August 2010, as dividend reinvestment shares in accordance with the rules of the Company's HMRC approved share incentive plan. The shares were purchased at a price of 589.5 pence per share.
|
Director |
Balance held prior to dividend purchase |
No. of Shares purchased
|
Revised balance |
|
Alison Clarke |
883 |
32 |
915 |
|
Steven Fraser |
1,385 |
52 |
1,437 |
|
Philip Green |
1,496 |
56 |
1,552 |
|
Tom Keevil |
989 |
36 |
1,025 |
|
Gaynor Kenyon |
1,134 |
42 |
1,176 |
__________________________________________________________________________
Further information can be obtained from Jane Gilmore, Deputy Company Secretary 44 1 925 237052
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United Utilities Group's ordinary shares trade on the London Stock Exchange and its ADRs, each equal to two ordinary shares, trade OTC in the USA under the Trading Symbol "UUGRY".