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SFR Severfield Plc

68.00
0.80 (1.19%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Severfield Plc LSE:SFR London Ordinary Share GB00B27YGJ97 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.80 1.19% 68.00 67.40 68.60 68.20 64.40 64.40 582,979 16:35:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Structural Steel Erection 493.61M 21.57M 0.0697 9.78 211.11M

Severfield PLC Director/PDMR Shareholding (6070J)

29/06/2017 1:02pm

UK Regulatory


Severfield (LSE:SFR)
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From Apr 2019 to Apr 2024

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TIDMSFR

RNS Number : 6070J

Severfield PLC

29 June 2017

Date of notification: 29(th) June 2017

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 29th June 2017 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 2017:

 
 Name of PDMR                No. of shares held under 
                              the award 
--------------------------  ------------------------- 
 Ian Lawson (CEO)            121500 
--------------------------  ------------------------- 
 Alan Dunsmore (FD)          80768 
--------------------------  ------------------------- 
 Ian Cochrane (COO)          95435 
--------------------------  ------------------------- 
 Derek Randall (Director)    78614 
--------------------------  ------------------------- 
 

The awards are structured as forfeitable awards and will vest unconditionally subject to the rules of the DSBP on 30(th) June 2020. No consideration was paid for the grant of the awards.

The Company was notified of these transactions on 29(th) June 2017.

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                                                      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                                 Grant of an award under the Company's Deferred Bonus 
                                                                Share Plan. The award is a forfeitable 
                                                                award and will vest unconditionally subject to the 
                                                                rules of the DSBP on 30(th) June 2020. 
                                                                No consideration was paid for the grant of the award 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                 ----------  ---------- 
                                                                  Nil         121500 
                                                                 ----------  ---------- 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              Not applicable-single transaction 
           ------------------ 
 
        -   Price 
           ------ 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2017-06-29 
---  --------------------------------------------------------  ------------------------------------------------------- 
 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                                 Grant of an award under the Company's Deferred Bonus 
                                                                Share Plan. The award is a forfeitable 
                                                                award and will vest unconditionally subject to the 
                                                                rules of the DSBP on 30(th) June 2020. 
                                                                No consideration was paid for the grant of the award. 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                 ----------  ---------- 
                                                                  Nil         95,435 
                                                                 ----------  ---------- 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              Not applicable-single transaction 
           ------------------ 
 
        -   Price 
           ------ 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2017-06-29 
---  --------------------------------------------------------  ------------------------------------------------------- 
 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                                 Grant of an award under the Company's Deferred Bonus 
                                                                Share Plan. The award is a forfeitable 
                                                                award and will vest unconditionally subject to the 
                                                                rules of the DSBP on 30(th) June 2020. 
                                                                No consideration was paid for the grant of the award. 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                 ----------  ---------- 
                                                                  Nil         80,768 
                                                                 ----------  ---------- 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              Not applicable-single transaction 
           ------------------ 
 
        -   Price 
           ------ 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2017-06-29 
---  --------------------------------------------------------  ------------------------------------------------------- 
 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                                 Grant of an award under the Company's Deferred Bonus 
                                                                Share Plan. The award is a forfeitable 
                                                                award and will vest unconditionally subject to the 
                                                                rules of the DSBP on 30(th) June 2020. 
                                                                No consideration was paid for the grant of the award. 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                 ----------  ---------- 
                                                                  Nil         78,614 
                                                                 ----------  ---------- 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              Not applicable-single transaction 
           ------------------ 
 
        -   Price 
           ------ 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2017-06-29 
---  --------------------------------------------------------  ------------------------------------------------------- 
 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

29 June 2017

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHFLMBTMBATBLR

(END) Dow Jones Newswires

June 29, 2017 08:02 ET (12:02 GMT)

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