Severfield PLC Director/PDMR Shareholding
29 July 2024 - 4:00PM
RNS Regulatory News
RNS Number : 0840Y
Severfield PLC
29 July 2024
Date of notification: 29th July
2024
SEVERFIELD PLC
DIRECTOR/PDMR SHAREHOLDINGS-AWARD OF DEFERRED BONUS
SHARES
Severfield plc ("the Company")
wishes to notify the following changes in the interests of persons
discharging managerial responsibility ("PDMRs") in ordinary shares
("Shares").
GRANT OF DEFERRED BONUS SHARE AWARDS
On 26th July 2024 a grant of the
following deferred awards over Shares under the Company's Deferred
Share Bonus Plan ("DSBP") was made to the following PDMRs
representing a proportion of their bonus entitlement for the
financial year to 31 March 2024:
|
Name of PDMR
|
No.
of shares held under the award
|
|
Alan Dunsmore (CEO)
|
110,000
|
|
Adam Semple (Chief Financial
Officer)
|
75,173
|
|
Derek Randall (Director)
|
95,220
|
|
Mark Sanderson (Legal Director and
Company Secretary)
|
22,506
|
The awards are structured as nil
exercise cost options normally exercisable between 3 and 10 years
after grant. No consideration was paid for
the grant of the awards.
The Company was notified of these
transactions on 26th July 2024.
Details of the full notifications
received by the Company are set out below:
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name
|
Alan Dunsmore
|
|
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
|
|
|
b)
|
Nature of the transaction
|
Grant of an award under the Company's Deferred Bonus Share
Plan. The award is a nil exercise cost option normally exercisable
between 3 and 10 years after grant subject to continued
employment. No consideration was paid for
the grant of the award
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
110,000
|
|
|
d)
|
Aggregated information
|
Not
applicable-single transaction
|
|
e)
|
Date of the transaction
|
2024-07-26
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name
|
Adam
Semple
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief
Financial Officer
|
|
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
|
|
|
b)
|
Nature of the transaction
|
Grant
of an award under the Company's Deferred Bonus Share Plan. The
award is a nil exercise cost option normally exercisable between 3
and 10 years after grant subject to continued
employment. No consideration was paid for
the grant of the award
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
75,173
|
|
|
d)
|
Aggregated information
|
Not
applicable-single transaction
|
|
e)
|
Date of the transaction
|
2024-07-26
|
|
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
|
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 instrument
Identification code
|
|
|
b)
|
Nature of the transaction
|
Grant
of an award under the Company's Deferred Bonus Share Plan. The
award is a nil exercise cost option exercisable
normally
exercisable between 3 and 10 years after grant subject to continued
employment. No consideration was paid for
the grant of the award.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
95,220
|
|
|
d)
|
Aggregated information
|
Not
applicable-single transaction
|
|
e)
|
Date of the transaction
|
2024-07-26
|
|
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
|
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
|
|
|
b)
|
Nature of the transaction
|
Grant
of an award under the Company's Deferred Bonus Share Plan. The
award is a nil exercise cost option exercisable
normally
exercisable between 3 and 10 years after grant subject to continued
employment. No consideration was paid for
the grant of the award.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
22,506
|
|
|
d)
|
Aggregated information
|
Not
applicable-single transaction
|
|
e)
|
Date of the transaction
|
2024-07-26
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
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
29th July 2024
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