United Utilities Group PLC (UU.), the North West England water and wastewater services provider, has disclosed that nine persons discharging managerial responsibilities (PDMRs) made monthly Share Incentive Plan purchases of ordinary shares on 11 November 2026. All transactions were conducted on the London Stock Exchange at a price of 1540.22p per share. The notification, filed on 13 November 2026, covers the company's most senior executives including the Chief Executive Officer and Chief Financial Officer, and is required under market abuse regulations governing insider shareholding disclosures.
Key Points
- United Utilities Group PLC (UU.) is a regulated UK water utility serving the North West of England
- Nine PDMRs each purchased ordinary shares of 5p each via the company's Share Incentive Plan on 11 November 2026
- All purchases were executed at 1540.22p per share; eight executives acquired 12 shares each, while Chief Operating Officer Matthew Hemmings acquired 11 shares
- Investors may watch whether continued routine insider participation in the Share Incentive Plan reflects ongoing executive alignment with shareholder interests
Nine United Utilities PDMRs Purchase Shares at 1540.22p Under Monthly Plan
The announcement confirms that nine United Utilities PDMRs participated in the company's Share Incentive Plan on 11 November 2026, each acquiring ordinary shares of 5p each at a uniform price of 1540.22p. The executives named are Chief Executive Officer Louise Beardmore, Chief Financial Officer Philip Aspin, Chief Operating Officer Matthew Hemmings, Regulation and Compliance Director James Bullock, General Counsel and Company Secretary Simon Gardiner, Transformation and Strategic Programmes Director Neil Gillespie, Asset Management Director Joanne Harriso, People Director Adrienne McFarland, and Corporate Affairs Director Andrew Ward. All transactions were individual rather than aggregated.
Share Incentive Plan Structure: Routine Monthly Purchases Across the Executive Team
The nature of each transaction is described in the disclosure as a monthly purchase of shares within the Share Incentive Plan, indicating these acquisitions form part of a structured, recurring arrangement rather than discretionary open-market buying. Eight of the nine PDMRs each acquired 12 shares, whilst Matthew Hemmings acquired 11 shares. Share Incentive Plans are HMRC-approved employee share schemes commonly used by UK-listed companies to encourage share ownership among staff and management. The disclosure states all purchases took place on the London Stock Exchange under the identifier XLON.
United Utilities' Regulated Water Services Business and Regulatory Context
United Utilities is the listed holding company for United Utilities Water Limited, the regulated provider of water and wastewater services across the North West of England. As a regulated utility, the company operates under a framework set by Ofwat, the economic regulator for the water sector in England and Wales. The presence of a Regulation and Compliance Director among the PDMRs disclosing transactions underscores the significance of regulatory oversight to United Utilities' business model. The ordinary shares disclosed carry an identification code of GB00B39J2M42 and a nominal value of 5p each.
Disclosure Obligations and Transparency Under UK Market Abuse Regulation
The filing represents an initial notification under rules requiring PDMRs of UK-listed companies to publicly disclose transactions in the issuer's securities. Such disclosures are a standard transparency requirement under the UK Market Abuse Regulation framework and do not necessarily indicate any change in company strategy or financial outlook. United Utilities' LEI is recorded in the announcement as 2138002IEYQAOC88ZJ59. Investors may watch for further PDMR transaction notifications as part of monitoring executive shareholding trends at the regulated water utility.




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