14 July 2010
The following contingent option awards were granted in the UK on 13 July 2010 to the undernoted directors and persons discharging managerial responsibility pursuant to the rules of the United Utilities Group 2008 Performance Share Plan as approved by the shareholders at the General Meeting on 1 July 2008. 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. Under the rules, the awards are subject to uplift for notional dividends made or paid during the performance period.
| Name of director/senior manager discharging managerial responsibilities |
No. of Ordinary shares awarded |
Price paid for award £ |
Price payable on exercise £ |
Performance period |
| Philip Green |
100,739 |
nil |
nil |
01/04/2010 to 31/03/2013 |
| Tom Keevil |
26,149 |
nil |
nil |
01/04/2010 to 31/03/2013 |
| Alison Clarke |
24,346 |
nil |
nil |
01/04/2010 to 31/03/2013 |
| Paul Worthington |
22,091 |
nil |
nil |
01/04/2010 to 31/03/2013 |
| Gaynor Kenyon |
14,923 |
nil |
nil |
01/04/2010 to 31/03/2013 |
| Matthew Wright |
21,415 |
nil |
nil |
01/04/2010 to 31/03/2013 |
| Steven Fraser |
18,034 |
nil |
nil |
01/04/2010 to 31/03/2013 |
| Total |
227,697 |
|
|
|
Matching Share Award Plan
The ordinary shares in United Utilities Group PLC in column 1 below were allotted in the UK after close of the market on 13 July 2010 to the undernoted directors and persons discharging managerial responsibility at full market value. These shares will constitute investment shares as defined in the rules of the United Utilities Group PLC 2008 Matching Share Award Plan (the "Plan") which was approved by the shareholders at the General Meeting on 1 July 2008.
On 13 July 2010, the trustees of the Plan granted in the UK, matched share awards as listed in column 2 below. The matching share awards give each executive an option to acquire up to a maximum number of ordinary shares in United Utilities Group PLC at nil cost to them subject to the rules of the Plan. The actual number of ordinary shares which will vest will depend upon the extent to which the established performance conditions are satisfied over the performance period. Under the rules, the awards are subject touplift for notional dividends made or paid during the performance period.
| |
Column 1 |
|
|
Column 2 |
|
|
| Name of director/senior manager discharging managerial responsibilities |
No of investment shares allotted |
Price per share paid on allotment £ |
No. of Matching shares awarded |
Price paid for matching share award £ |
Price payable on exercise of matching share award £ |
Performance period |
| Tom Keevil |
6,832 |
£5.545 |
13,943 |
nil |
nil |
01/04/2010 to 31/03/2013 |
| Matthew Wright |
5,227 |
£5.545 |
10,669 |
nil |
nil |
01/04/2010 to 31/03/2013 |
| Totals |
12,059 |
|
24,612 |
|
|
|
Further information can be obtained from Jane Gilmore, Deputy Company Secretary on 01925 237051
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".