UNITED UTILITIES GROUP PLC
DIRECTORS' AND PDMRS' SHAREHOLDINGS
NOTIONAL AND ACTUAL DIVIDEND REINVESTMENTS
6 AUGUST 2013
Performance Share Plan
Under the rules of the performance share plan (`the 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 22.88 pence per
share paid on 2 August 2013, the number of additional shares granted has been
calculated using the closing share price on 2 August 2013 of 725 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. No further awards will be granted under this plan.
Awarded 8 July 2011 - Performance period 1 April 2011 to 31 March 2014
Name of director/ Original Cumulative Shares added Balance
person discharging no. of balance on for dividend carried
managerial Ordinary which paid 2 August forward
responsibilities shares notional 2013
awarded dividend paid
Steve Mogford 75,020 82,672 2,609 85,281
Russ Houlden 46,166 50,874 1,605 52,479
Gaynor Kenyon 14,427 15,896 501 16,397
Steven Fraser 18,961 20,893 659 21,552
Sally Cabrini 17,724 19,530 616 20,146
Neil Colman 13,190 14,533 458 14,991
Tony Conway 13,190 14,533 458 14,991
Gary Dixon 12,937 14,255 449 14,704
Simon Gardiner 16,949 18,676 589 19,265
Janice Smethurst 7,796 8,589 271 8,860
Paula Steer 4,065 4,477 141 4,618
Awarded 15 June 2012 - Performance period 1 April 2012 to 31 March 2015
Name of director/ Original Cumulative Shares added Balance
person discharging no. of balance on for dividend carried
managerial Ordinary which paid 2 August forward
responsibilities shares notional 2013
awarded dividend paid
Sue Amies-King 9,404 9,847 310 10,157
Sally Cabrini 15,797 16,542 522 17,064
Neil Colman 11,756 12,310 388 12,698
Tony Conway 11,756 12,310 388 12,698
Gary Dixon 11,217 11,745 370 12,115
Steven Fraser 18,368 19,234 606 19,840
Simon Gardiner 14,695 15,387 485 15,872
Jonathan Hodgkin 12,490 13,079 412 13,491
Russ Houlden 42,174 44,164 1,393 45,557
Gaynor Kenyon 13,115 13,733 433 14,166
Steve Mogford 66,862 70,018 2,209 72,227
Janice Smethurst 6,759 7,077 223 7,300
Paula Steer 7,053 7,385 233 7,618
Matching Share Award Plan
Under the rules of the matching share award plan (`the 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 22.88 pence
per share paid on 2 August 2013, the number of additional shares granted has
been calculated using the closing share price on 2 August 2013 of 725 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. No further awards will be granted under this plan.
Awarded 8 July 2011 - Performance period 1 April 2011 to 31 March 2014
Name of director/ No. of Cumulative Shares added Balance
person discharging Ordinary balance on for dividend carried
managerial shares which paid 2 August forward
responsibilities awarded notional 2013
dividend paid
Steve Mogford 16,313 17,975 567 18,542
Russ Houlden 21,140 23,295 735 24,030
Sally Cabrini 9,025 9,944 313 10,257
Steven Fraser 9,965 10,979 346 11,325
Gaynor Kenyon 2,595 2,858 90 2,948
Awarded 15 June 2012 - Performance period 1 April 2012 to 31 March 2015
Name of director/ No. of Cumulative Shares added Balance
person discharging Ordinary balance on for dividend carried
managerial shares which paid 2 August forward
responsibilities awarded notional 2013
dividend paid
Sally Cabrini 6,575 6,885 217 7,102
Neil Colman 3,063 3,207 101 3,308
Tony Conway 4,459 4,668 147 4,815
Gary Dixon 2,014 2,108 66 2,174
Steven Fraser 7,415 7,764 245 8,009
Simon Gardiner 4,618 4,835 152 4,987
Russ Houlden 29,684 31,084 980 32,064
Gaynor Kenyon 2,491 2,608 82 2,690
Steve Mogford 48,151 50,423 1,591 52,014
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 22.88 pence
per share paid on 2 August 2013, the number of additional shares awarded has
been calculated using the closing share price on 2 August 2013 of 725 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. Participants cannot be
directors of the company at the time of grant. 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 - 3 July 2012 - 3 July 2015
Name of director/ No. of Cumulative Shares added Balance carried
person discharging Ordinary balance on for dividend forward
managerial shares which paid 2 August
responsibilities awarded notional 2013
dividend paid
Steven Fraser 19,352 20,265 639 20,904
Matched Share Investment Schemes
Russ Houlden - awarded 1 October 2010
As part of the terms of Russ Houlden's recruitment, the company established a
matched share incentive scheme for him as sole participant by which the company
undertook to match an investment of 36,710 shares made by Mr Houlden himself
upon his appointment provided he remains with the company until October 2015.
The award is subject to uplift for notional dividends made or paid during the
period. In respect of the final dividend of 22.88p per share paid on 2 August
2013, the number of additional shares granted has been calculated using the
closing share prices on 2 August 2013 of 725 pence per share.
No. of Cumulative Shares added Balance
Ordinary balance on for dividend carried
shares which paid 2 forward
awarded notional August 2013
dividend paid
36,710 41,188 1,299 42,487
Steve Mogford - awarded 27 May 2011
As part of the terms of Steve Mogford's recruitment, the company established a
matched share incentive scheme for him as sole participant by which the company
undertook to match an investment of 86,742 shares made by Mr Mogford himself
upon his appointment provided he remains with the company until January
2016. The award is subject to uplift for notional dividends made or paid during
the period. In respect of the interim dividend of 22.88p per share paid on 2
August 2013, the number of additional shares granted has been calculated using
the closing share prices on 2 August 2013 of 725 pence per share.
No. of Cumulative Shares added Balance
Ordinary balance on for dividend carried
shares which paid 2 forward
awarded notional August 2013
dividend paid
86,742 95,589 3,016 98,605
Deferred Bonus Plan
Under the rules of the deferred bonus plan (`the plan') conditional awards are
subject to uplift for notional dividends made or paid during the vesting
period. Accordingly the dividend equivalent shares shown below have been
notionally added to and form part of the award. In respect of the final
dividend of 22.88 pence per share paid on 2 August 2013, the number of
additional shares awarded has been calculated using the closing share price on
2 August 2013 of 725 pence per share. Under the terms of 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. The conditional award of shares, as uplifted
by dividend equivalent shares, will vest on the vesting date.
Awarded 17 June 2013 - Vesting date 17 June 2016
Name of director/ Original Dividend Balance
person discharging conditional equivalent carried
managerial award of shares added forward
responsibilities shares for dividend
paid on 2
August 2013
Sue Amies-King 2,769 87 2,856
Sally Cabrini 4,778 150 4,928
Neil Colman 3,308 104 3,412
Anthony Conway 3,067 96 3,163
Gary Dixon 3,285 103 3,388
Steven Fraser 5,396 170 5,566
Simon Gardiner 4,211 132 4,343
Jonathan Hodgkin 3,246 102 3,348
Russ Houlden 31,278 987 32,265
Gaynor Kenyon 3,600 113 3,713
Steven Mogford 49,573 1,564 51,137
Long Term Plan
Under the rules of the long term plan (`the plan') conditional awards are
subject to uplift for notional dividends made or paid during the vesting
period. Accordingly the dividend equivalent shares shown below have been
notionally added to and form part of the award. In respect of the final
dividend of 22.88 pence per share paid on 2 August 2013, the number of
additional shares awarded has been calculated using the closing share price on
2 August 2013 of 725 pence per share. The figures reflect the maximum number of
shares which will vest. 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.
Awarded 29 July 2013 - Performance period 1 April 2013 to 31 March 2016
Name of director/ Original Dividend Balance
person discharging conditional equivalent carried
managerial award of shares added forward
responsibilities shares for dividend
paid on 2
August 2013
Sue Amies-King 15,631 493 16,124
Sally Cabrini 22,958 724 23,682
Neil Colman 16,022 505 16,527
Anthony Conway 9,613 303 9,916
Gary Dixon 15,631 493 16,124
Steven Fraser 25,694 810 26,504
Simon Gardiner 20,516 647 21,163
Jonathan Hodgkin 16,608 524 17,132
Russ Houlden * 76,203 2,404 78,607
Gaynor Kenyon 17,859 563 18,422
Steven Mogford * 120,746 3,810 124,556
Janice Smethurst 7,257 229 7,486
Paula Steer 6,699 211 6,910
* Denotes Executive Director subject to additional 2 year holding period.
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 2013, 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 727.58 pence per share.
Name of director/person Balance held No. of Shares Revised balance
discharging managerial prior to purchased
responsibilities dividend
purchase
Sue Amies-King 315 10 325
Sally Cabrini 261 9 270
Steven Fraser 2,515 79 2,594
Simon Gardiner 3,556 111 3,667
Gaynor Kenyon 2,220 70 2,290
Neil Colman 3,272 102 3,374
Russ Houlden 962 29 991
Gary Dixon 2,906 91 2,997
Steve Mogford 952 29 981
Janice Smethurst 1,860 58 1,918
Paula Steer 2,290 71 2,361
__________________________________________________________________________
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 over the counter using the
trading symbol "UUGRY"