Director/PDMR Shareholding

RNS Number : 3273I

Severfield PLC

16 June 2017

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Ian Lawson
2	Reason for the notification
a)	Position/status	CEO
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Severfield plc
b)	LEI	21380025AWPR781CY104
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 2.5p GB00B27YGJ97
b)	Nature of the transaction	256,004 ordinary shares acquired for nil consideration upon the settlement of a long-term incentive award after cash settlement of tax liability
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil  256,004
d)	Aggregated information - Aggregated volume - Price	Single transaction
e)	Date of the transaction	15/6/17
f)	Place of the transaction	Outside a trading venue
1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Ian Cochrane
2	Reason for the notification
a)	Position/status	COO
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Severfield plc
b)	LEI	21380025AWPR781CY104
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 2.5p GB00B27YGJ97
b)	Nature of the transaction	150,860 ordinary shares acquired for nil consideration upon the settlement of a long-term incentive award after cash settlement of tax liability
c)	Price(s) and volume(s)	Price(s) Volume(s) nil  150,860
d)	Aggregated information - Aggregated volume - Price	Single transaction
e)	Date of the transaction	15/617
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Alan Dunsmore
2	Reason for the notification
a)	Position/status	Finance Director
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Severfield plc
b)	LEI	21380025AWPR781CY104
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 2.5p GB00B27YGJ97
b)	Nature of the transaction	124,062 ordinary shares acquired for nil consideration upon the settlement of a long-term incentive award after cash settlement of tax liability
c)	Price(s) and volume(s)	Price(s) Volume(s) nil  124,062
d)	Aggregated information - Aggregated volume - Price	Single transaction
e)	Date of the transaction	15/6/17
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Derek Randall
2	Reason for the notification
a)	Position/status	Executive Director
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Severfield plc
b)	LEI	21380025AWPR781CY104
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 2.5p GB00B27YGJ97
b)	Nature of the transaction	151,332 ordinary shares acquired for nil consideration upon the settlement of a long-term incentive award after cash settlement of tax liability
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil  151,332
d)	Aggregated information - Aggregated volume - Price	Single transaction
e)	Date of the transaction	15/6/17
f)	Place of the transaction	Outside a trading venue
1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mark Sanderson
2	Reason for the notification
a)	Position/status	Company Secretary
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Severfield plc
b)	LEI	21380025AWPR781CY104
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 2.5p GB00B27YGJ97
b)	Nature of the transaction	23,448 ordinary shares acquired for nil consideration upon the settlement of a long-term incentive award after cash settlement of tax liability and same day disposal of same
c)	Price(s) and volume(s)	Price(s) Volume(s)  £0.8166 23,448
d)	Aggregated information - Aggregated volume - Price	Single transaction
e)	Date of the transaction	15/6/17
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

Name of Company Official responsible for making notification: 

Mark Sanderson, Company Secretary

Contact details: 01845 577896

Severfield plc

Severs House

Dalton Airfield Industrial Estate

Thirsk

North Yorkshire

YO7 3JN

 

END

 

 

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