Director/PDMR Shareholding

RNS Number : 9574P

Severfield PLC

23 November 2016

 

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	362,506 ordinary shares acquired for nil consideration upon the settlement of a long-term incentive award and the same day disposal of 170,721 of such ordinary shares (settlement of tax liability)
c)	Price(s) and volume(s)	Price(s) Volume(s)  68.5p  170,721
d)	Aggregated information - Aggregated volume - Price	Single transaction
e)	Date of the transaction	2016-11-22: 10.20
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mark Sanderson
2	Reason for the notification
a)	Position/status	Legal Director and 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	Disposal of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s)  68.8p  11,558
d)	Aggregated information - Aggregated volume - Price	Single transaction
e)	Date of the transaction	2016-11-22: 10.50
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

23 November 2016

 

END

 

 

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