Severfield PLC Director/PDMR Shareholding (6124J)

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

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