SEVERFIELD PLC — Director's Dealing 2017

Jun 16, 2017

National Storage Mechanism | Additional information

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RNS Number : 3273I

Severfield PLC

16 June 2017

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

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 instrument

Identification code

Ordinary shares of 2.5p

GB00B27YGJ97

b)

Nature of the transaction

256,004 ordinary shares acquired for nil consideration upon the settlement of a long-term incentive award after cash settlement of tax liability

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	256,004

d)

Aggregated information

-	Aggregated volume

-	Price

Single transaction

e)

Date of the transaction

15/6/17

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 instrument

Identification code

Ordinary shares of 2.5p

GB00B27YGJ97

b)

Nature of the transaction

150,860 ordinary shares acquired for nil consideration upon the settlement of a long-term incentive award after cash settlement of tax liability

c)

Price(s) and volume(s)

Price(s)	Volume(s)
nil	150,860

d)

Aggregated information

-	Aggregated volume
-	Price

Single transaction

e)

Date of the transaction

15/617

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 instrument

Identification code

Ordinary shares of 2.5p

GB00B27YGJ97

b)

Nature of the transaction

124,062 ordinary shares acquired for nil consideration upon the settlement of a long-term incentive award after cash settlement of tax liability

c)

Price(s) and volume(s)

Price(s)	Volume(s)
nil	124,062

d)

Aggregated information

-	Aggregated volume
-	Price

Single transaction

e)

Date of the transaction

15/6/17

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 instrument

Identification code

Ordinary shares of 2.5p

GB00B27YGJ97

b)

Nature of the transaction

151,332 ordinary shares acquired for nil consideration upon the settlement of a long-term incentive award after cash settlement of tax liability

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	151,332

d)

Aggregated information

-	Aggregated volume

-	Price

Single transaction

e)

Date of the transaction

15/6/17

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

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

Ordinary shares of 2.5p

GB00B27YGJ97

b)

Nature of the transaction

23,448 ordinary shares acquired for nil consideration upon the settlement of a long-term incentive award after cash settlement of tax liability and same day disposal of same

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.8166	23,448

d)

Aggregated information

-	Aggregated volume
-	Price

Single transaction

e)

Date of the transaction

15/6/17

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

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

END

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