UNITED UTILITIES GROUP PLC
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PDMR's OR CONNECTED PERSONS
30 JUNE 2014
United Utilities Group PLC (the company) hereby announces in accordance with
DTR 3.1.4R, after notification by the independent Trustee of the United
Utilities Employee Share Trust, the transfer by the Trustee to participants of
the beneficial ownership of ordinary shares of 5p each in the company following
the exercise of awards (as detailed below) in the Performance Share Plan (PSP)
and in the Matching Share Award Plan (MSAP), both of which related to the
performance period 1 April 2011 to 31 March 2014. The awards were exercised by
the participants detailed below (at nil cost) on 27 June 2014, following the
achievement of performance criteria as determined by the company's Remuneration
Committee. All transactions took place in England. Shares were sold at £8.7505
per share.
Name of No. of shares PSP - No. No. of MSAP - No. of No of shares
director held before of shares shares sold No. of shares sold held after
/PDMR transactions exercised to cover shares to cover transaction
and (% of tax, NI exercised tax, NI (s) and % of
issued share liability, liability, share
capital) and dealing and dealing capital
Sally 17,192 19,148 10,125 9,749 4,594 31,370
Cabrini (0.0025%) (0.0046%)
Neil 5,733 14,249 7,535 n/a n/a 12,447
Colman (0.0008) (0.0018%)
Gary 21,977 13,976 7,390 n/a n/a 28,563
Dixon (0.0032%) (0.0042%)
Steven 19,920 20,485 10,832 10,764 5,072 35,265
Fraser (0.0029%) (0.0052%)
Simon 9,876 18,311 9,683 n/a n/a 18,504
Gardiner (0.0014%) (0.0027%)
Gaynor 18,277 15,585 8,241 2,802 1,321 27,102
Kenyon (0.0027%) (0.0040%)
Steven 118,913 81,062 38,195 17,624 8,305 171,099
Mogford (0.0174%) (0.0250%)
Paula 3,228 4,318 2,499 n/a n/a 5,047
Steer (0.0005%) (0.0007%)
Awards granted under Long Term Plan
The following conditional awards were granted in England on 30 June 2014,
(calculated using the market price at the close of trading on the London Stock
Exchange on 27 June 2014 of £8.805 per ordinary share), to the undernoted
directors and persons discharging managerial responsibility pursuant to the
rules of the United Utilities Group 2013 Long Term Plan as approved by the
shareholders at the general meeting on 26 July 2013. 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. Executive directors are
subject to a further two-year holding period. Under the rules, the awards are
subject to uplift for notional dividends made or paid during the performance
period.
Name of director/ No. of Price paid Price Performance period
PDMR Ordinary for award payable on
shares £ exercise £
awarded
Sue Amies-King 13,356 nil nil 01/04/2014 to 31/03/2017
Sally Cabrini 19,875 nil nil 01/04/2014 to 31/03/2017
Neil Colman 13,912 nil nil 01/04/2014 to 31/03/2017
Gary Dixon 13,038 nil nil 01/04/2014 to 31/03/2017
Steven Fraser 23,850 nil nil 01/04/2014 to 31/03/2017
Simon Gardiner 17,132 nil nil 01/04/2014 to 31/03/2017
Jonathan Hodgkin 13,833 nil nil 01/04/2014 to 31/03/2017
Russell Houlden * 63,560 nil nil 01/04/2014 to 31/03/2017
Gaynor Kenyon 14,906 nil nil 01/04/2014 to 31/03/2017
Steven Mogford * 100,692 nil nil 01/04/2014 to 31/03/2017
Janice Smethurst 6,053 nil nil 01/04/2014 to 31/03/2017
Paula Steer 5,451 nil nil 01/04/2014 to 31/03/2017
* Denotes executive director subject to additional two-year holding period.
Awards granted under Deferred Bonus Plan
The following conditional awards were granted in England on 30 June 2014,
(calculated using the market price at the close of trading on the London Stock
Exchange on 27 June 2014 of £8.805 per ordinary share), to the undernoted
directors and persons discharging managerial responsibility pursuant to the
rules of the United Utilities Group PLC Deferred Bonus Plan 2013 (`the plan')
as approved by the board of United Utilities Group PLC on 21 May 2013. Under
the terms of the plan, conditional awards will normally be satisfied at the end
of the vesting period by using shares purchased in the market. Newly issued or
treasury shares cannot be used to satisfy awards under this plan. Under the
rules, the awards are subject to uplift for notional dividends made or paid
during the vesting period. The awards will normally become capable of exercise
after the vesting date.
Name of director/ No. of Price Price Vesting Date
PDMR shares in per payable on
conditional share exercise £
award paid at
award
Sue Amies-King 5,410 £8.805 nil 30/06/2017
Sally Cabrini 8,026 £8.805 nil 30/06/2017
Neil Colman 5,600 £8.805 nil 30/06/2017
Gary Dixon 5,299 £8.805 Nil 30/06/2017
Steven Fraser 9,476 £8.805 nil 30/06/2017
Simon Gardiner 6,961 £8.805 nil 30/06/2017
Jonathan Hodgkin 5,475 £8.805 nil 30/06/2017
Russell Houlden 24,615 £8.805 nil 30/06/2017
Gaynor Kenyon 6,057 £8.805 nil 30/06/2017
Steven Mogford 38,998 £8.805 nil 30/06/2017
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Further information can be obtained from:
Jane Gilmore, Deputy Company Secretary +44 1 925 237052
United Utilities Group's ordinary shares trade on the London Stock Exchange and
its ADRs, each equal to two ordinary shares, trade over the counter under the
Trading Symbol "UUGRY".