Severfield PLC Director/PDMR Shareholding (3273I)
16 June 2017 - 7:36PM
UK Regulatory
TIDMSFR
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 Ordinary shares of 2.5p
instrument ------------------------
Identification code 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 Single transaction
------------------
- Price
------
---- -------------------------------------------------------- ------------------------------------------------------
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 Ordinary shares of 2.5p
instrument ------------------------
Identification code 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 Single transaction
------------------
- Price
------------------
---- -------------------------------------------------------- ------------------------------------------------------
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 Ordinary shares of 2.5p
instrument ------------------------
Identification code 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 Single transaction
------------------
- Price
------------------
--- -------------------------------------------------------- -------------------------------------------------------
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 Ordinary shares of 2.5p
instrument ------------------------
Identification code 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 Single transaction
------------------
- Price
------
--- -------------------------------------------------------- -------------------------------------------------------
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 Ordinary shares of 2.5p
instrument ------------------------
Identification code 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)
----------- ----------
GBP0.8166 23,448
----------- ----------
--- -------------------------------------------------------- -------------------------------------------------------
d) Aggregated information - Aggregated volume Single transaction
------------------
- Price
------------------
--- -------------------------------------------------------- -------------------------------------------------------
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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