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SEVERFIELD PLC Director's Dealing 2015

Mar 25, 2015

4741_dirs_2015-03-25_1d870fa8-2950-4df4-8adb-afaab1b6c9d1.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 4597I

Severfield PLC

25 March 2015

Date of notification:  25th March 2015

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 23rd March 2015 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 June 2018.

Name of PDMR No. of shares held under the award
Ian Lawson (CEO) 33,003
Ian Cochrane (COO) 33,003
Alan Dunsmore (Finance Director) 33,003
Mark Sanderson (Legal Director and Company Secretary) 13,201
Adam Semple (Group Financial Controller) 6,200

The Company was notified of these transactions on 24th March 2015.

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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