Last checked at 14 Feb 2007 12:40
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
(1) An issuer making a notification in respect of a transactions relating tothe shares or debentures of the issuer should complete boxes 1 to 16, 23 and24.
(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14 ,16, 23 and 24.
(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3and 17 to 24.
(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
Please complete all relevant boxes should be in block capital letters
1. Name of the issuer 2. State whether the notification relates to (i) a transaction UNITED UTILITIES PLC notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4R(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) BOTH (i) AND (ii)
3. Name of person discharging 4. State whether notification relates
managerial responsibilities/ to a person connected with a person director discharging managerial responsibilities/director named in 3 TIM WELLER and identify the connected person N/A 5. Indicate whether the 6. Description of shares (including
notification is in respect of a class), debentures or derivatives or
holding of the person referred financial instruments relating to to in 3 or 4 above or in respect shares of a non-beneficial interest ORDINARY SHARES OF ‚£1 EACH DIRECTOR
7. Name of registered shareholders 8. State the nature of the transaction
(s) and, if more than one, the number of shares held by each of GRANT OF SHARE OPTION them N/A
9. Number of shares, debentures or 10. Percentage of issued class acquired
financial instruments relating (treasury shares of that class to shares acquired should not be taken into account when calculating percentage)
11. Number of shares, debentures or 12. Percentage of issued class disposed
financial instruments relating (treasury shares of that class to shares disposed should not be taken into account when calculating percentage) 13. Price per share of value of 14. Date and place of transaction transaction
15. Total holding following 16. Date issuer informed of transaction
notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17. Date of grant 18. Period during which or date on which it can be exercised 14 FEBRUARY 2007 AT ANY TIME DURING THE PERIOD COMMENCING ON 30 JUNE 2011 AND ENDING ON 30 DECEMBER 2011 19. Total amount paid (if any) for 20. Description of shares or debentures grant of the option involved (class and number) ZERO INITIALLY, 39,000 ORDINARY SHARES (THE AWARD SHARES) ARE SUBJECT TO THE OPTION. HOWEVER, THIS NUMBER IS TO BE INCREASED ON EACH DIVIDEND PAYMENT DATE FOLLOWING MR WELLER'S JOINING DATE (1 JULY 2006) BY THE NUMBER OF ORDINARY SHARES WHICH COULD HAVE BEEN PURCHASED ON THAT PAYMENT DATE USING THE AGGREGATE CASH AMOUNT OF THE DIVIDEND WHICH NOTIONALLY WOULD HAVE BEEN PAID ON THE AWARD SHARES. ACCORDINGLY, A FURTHER 1,715 AND 769 ORDINARY SHARES HAVE BEEN ADDED TO THE AWARD SHARES IN RESPECT OF DIVIDENDS ALREADY PAID ON 25 AUGUST 2006 AND 12 FEBRUARY 2007 RESPECTIVELY, MAKING A TOTAL 41,484 ORDINARY SHARES SUBJECT TO THE OPTION AS AT THE DATE OF GRANT. AT THE POINT OF EXERCISE, TIM WELLER WILL BE ENTITLED TO ACQUIRE THE DIVIDEND SHARES (OR A PROPORTION OF THEM) IN ADDITION TO THE 39,000 AWARD SHARES.
21. Exercise price (if fixed at a 22. Total number of shares or debentures
time of grant) indication that over which options held following
price is to be fixed at the time notification of exercise 41,484 ZERO
23. Any additional information 24. Name of contact and telephone number
for queries THE OPTION HAS BEEN GRANTED TO TIM WELLER UNDER THE TERMS OF A PAUL DAVIES, COMPANY SECRETARY LONG TERM INCENTIVE SCHEME OF WHICH HE IS THE SOLE + 44 1 925 237051 PARTICIPANT. THE INTENTION TO GRANT THE OPTION WAS PREVIOUSLY NOTIFIED TO THE MARKET ON 1 AUGUST 2006. THE OPTION IS GRANTED UNDER THE AUTHORITY PROVIDED BY SUB-PARAGRAPH (2) OF PARAGRAPH 9.4.2R OF THE LISTING RULES. IN ACCORDANCE WITH PARAGRAPH 9.4.3R OF THE LISTING RULES, UNITED UTILITIES PLC SHALL DISCLOSE THE PRINCIPAL TERMS OF THE LONG TERM INCENTIVE SCHEME FOR TIM WELLER AND THE OTHER INFORMATION REQUIRED BY THAT LISTING RULE IN ITS ANNUAL REPORT AND ACCOUNTS FOR 2007 Name and signature of duly authorised officer of issuer responsible for making notification
¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦ T Rayner, Company Secretary ¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦¢â‚¬¦
Date of notification ¢â‚¬¦¢â‚¬¦14 February 2007¢â‚¬¦¢â‚¬¦¢â‚¬¦.
UNITED UTILITIES PLC