Severfield PLC Director/PDMR Shareholding (0067M)

TIDMSFR

RNS Number : 0067M

Severfield PLC

25 July 2017

Date of notification: 25(th) July 2017

DIRECTOR/PDMR SHAREHOLDINGS

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 SHARESAVE SHARE OPTION AWARDS

On 25(th) July 2017 share option awards were granted under the Severfield plc HMRC approved all employee Sharesave scheme to PDMRs as set out in the table below. The awards were granted in accordance with the rules of the plan and the HMRC regulations in place at the time and on the same basis for all employees. The options may be exercised on maturity of the relevant savings plans in accordance with the scheme rules in September 2020.

 
Name of PDMR                                            No. of shares 
                                                         held under the 
                                                         award 
Mark Sanderson (Legal Director and Company Secretary)   8,437 
Adam Semple (Group Financial Controller)                11,250 
 

The Company was notified of these transactions on 25(th) July 2017.

Details of the individual awards are set out below.

Name of Company Official responsible for making notification: Mark Sanderson, Company Secretary

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                                                      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           Ordinary shares of 2.5p 
      instrument                                                 ------------------------ 
      Identification code                                         GB00B27YGJ97 
                                                                 ------------- 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Award of options under the Severfield SAYE Sharesave 
                                                                plan exercisable in September 2020 subject 
                                                                to continued membership of savings plan 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                 ----------  ---------- 
                                                                  n/a         8,437 
                                                                 ----------  ---------- 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              Single transaction 
           ------------------ 
        -   Price 
           ------------------ 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   25/7/17 
---  --------------------------------------------------------  ------------------------------------------------------- 
 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                                           Group Financial Controller 
---  --------------------------------------------------------  ------------------------------------------------------- 
 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                                 Award of options under the Severfield SAYE Sharesave 
                                                                plan exercisable in September 2020 subject 
                                                                to continued membership of savings plan 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                 ----------  ---------- 
                                                                  n/a         11,250 
                                                                 ----------  ---------- 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              Single transaction 
           ------------------ 
        -   Price 
           ------------------ 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   25/7/17 
---  --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
---  --------------------------------------------------------  ------------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 25, 2017 04:52 ET (08:52 GMT)