TIDMSFR

RNS Number : 6124J

Severfield PLC

12 September 2016

Date of notification: 12(th) September 2016

Notification of transactions of PDMR in connection with the vesting of awards under the Company's long-term incentive plan arrangements

Severfield plc announces that it was notified on 12(th) September 2016 of the following transaction by Mark Sanderson, a PDMR in connection with certain awards vesting under the Severfield plc Performance Share Plan.

   Name of PDMR:                                  Mark Sanderson. 
   Reason for notification:                       Acquisition and disposal of ordinary shares.

Nature of transaction: 21,373 ordinary shares acquired for nil consideration upon the settlement of a long-term incentive award and the same day disposal of 9,779 of such ordinary shares (settlement of tax liability) at a price of 56.49 pence

   Name of issuer:                                  Severfield plc. 
   Legal Entity Identified code:                21380025AWPR781CY104. 
   Financial instrument:                          Ordinary shares of 2.5 pence each. 
   Date and place of the transaction:      9(th) September 2016 and Outside a Trading Venue.

Price (only relevant for disposals): 56.49 pence per ordinary share in respect of noted disposals.

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHLTMFTMBBBBRF

(END) Dow Jones Newswires

September 12, 2016 12:19 ET (16:19 GMT)

Severfield (LSE:SFR)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Severfield Charts.
Severfield (LSE:SFR)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Severfield Charts.