Director/PDMR Shareholding

RNS Number : 2009K

Severfield-Rowen PLC

14 April 2010

 



Severfield-Rowen Plc ("the Company")

Director/PDMR Shareholding and Additional Listing

The Company announces that it was notified on 29 March 2010 that 440,816 new ordinary shares of 2.5 pence each in the Company ("Ordinary Shares") had been issued pursuant to the vesting of awards over the Company's Ordinary Shares granted in 2007 under the Company's Share Performance Plan.

Certain persons discharging managerial responsibilities are beneficiaries of the issue, as set out below:

	Number of shares issued pursuant to the Share Performance Plan	Total shareholding following issue	Percentage shareholding
Tom Haughey	110,944	246,611	0.28%
Peter Emerson	88,756	160,312	0.18%
Peter Davison	63,608	173,632	0.19%
Peter Ellison	73,964	153,069	0.17%
Nigel Pickard	51,772	73,550	0.08%

In relation to this issuance, the Company has applied for 440,816 Ordinary Shares in the Company to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange. Admission is expected to occur on 20 April 2010.

Enquiries:

Severfield-Rowen Plc	Tom Haughey	01845 577896
	Chief Executive Officer
	Peter Davison	01845 577896
	Finance Director
RBS Hoare Govett Ltd	John MacGowan	020 7678 8000
	Stephen Bowler	020 7678 8000
Pelham Bell Pottinger	Alex Walters	020 7337 1500
	Francesca Tuckett	020 7337 1500

 

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