TIDMSFR

RNS Number : 6250T

Severfield PLC

04 July 2018

NOTIFICATION DEALING WITH THE EXERCISE OF OPTIONS BY A PDMR UNDER THE SEVERFIELD PLC SAYE SHARE OPTION PLAN

SEVERFIELD PLC

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                             Alan Dunsmore 
     -------------------------------  --------------------------------------- 
 2    Reason for Notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                  CEO 
     -------------------------------  --------------------------------------- 
 b)   Initial notification/Amendment   Initial Announcement 
     -------------------------------  --------------------------------------- 
 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     Ordinary Shares of 2.5 pence each in 
       instrument, type of              Severfield PLC 
       instrument 
      Identification code              GB00B27YGJ97 
     -------------------------------  --------------------------------------- 
 b)   Nature of the transaction        Exercise of option granted on 23 March 
                                        2015 under the Company's SAYE Share 
                                        Option Plan 
     -------------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)            Price(s)     Volume(s) 
                                         GBP0.5454    33,003 
                                                     ---------- 
     -------------------------------  --------------------------------------- 
 d)        Aggregated information      Not applicable - single transaction 
             *    Aggregated volume 
 
 
             *    Price 
     -------------------------------  --------------------------------------- 
 e)   Date of the transaction           4(th) July 2018 
     -------------------------------  --------------------------------------- 
 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 Notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                  COO 
     -------------------------------  --------------------------------------- 
 b)   Initial notification/Amendment   Initial Announcement 
     -------------------------------  --------------------------------------- 
 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     Ordinary Shares of 2.5 pence each in 
       instrument, type of              Severfield PLC 
       instrument 
      Identification code              GB00B27YGJ97 
     -------------------------------  --------------------------------------- 
 b)   Nature of the transaction        Exercise of option granted on 23 March 
                                        2015 under the Company's SAYE Share 
                                        Option Plan 
     -------------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)            Price(s)     Volume(s) 
                                         GBP0.5454    33,003 
                                                     ---------- 
     -------------------------------  --------------------------------------- 
 d)        Aggregated information      Not applicable - single transaction 
             *    Aggregated volume 
 
 
             *    Price 
     -------------------------------  --------------------------------------- 
 e)   Date of the transaction           4(th) July 2018 
     -------------------------------  --------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  --------------------------------------- 
 

Enquiries:

Mark Sanderson, Company Secretary

Contact details: 01845 577896

Severfield plc

Severs House

Dalton Airfield Industrial Estate

Thirsk

North Yorkshire

YO7 3JN

4th July 2018

Classification: 3.1

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END

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