AI assistant
SEVERFIELD PLC Director's Dealing 2024
4741_dirs_2024-07-22_5f015e47-a005-410a-8ba1-1c4580146d3c.html
Director's Dealing
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information 
RNS Number : 3125X
Severfield PLC
22 July 2024
The following amendment has been made to the 'Director/PDMR Shareholdings' announcement released on 17th July 2024 at 13:51 under RNS No 8079W.
Award of options under the Severfield SAYE Sharesave plan exercisable in September 2027 subject to continued membership of savings plan
All other details remain unchanged.
The full amended text is shown below.
Date of notification: 17th July 2024
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 17th July 2024 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 2027.
| Name of PDMR | No. of shares held under the award |
| Alan Dunsmore (CEO) | 22,077 |
| Mark Sanderson (Legal Director and Company Secretary) | 15,204 |
| Matthew Gamble (Group Financial Controller) | 7,420 |
The Company was notified of these transactions on 17th July 2024.
Details of the individual awards are set out below.
Name of Company Official responsible for making notification: Mark Sanderson, Company Secretary
Classification 3.1
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
Alan Dunsmore
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
Award of options under the Severfield SAYE Sharesave plan exercisable in September 2027 subject to continued membership of savings plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| n/a | 22,077 |
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
Single transaction
e)
Date of the transaction
17/7/24
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
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 instrument
Identification code
| Ordinary shares of 2.5p |
| GB00B27YGJ97 |
b)
Nature of the transaction
Award of options under the Severfield SAYE Sharesave plan exercisable in September 2027 subject to continued membership of savings plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| n/a | 15,204 |
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
Single transaction
e)
Date of the transaction
17/7/24
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Matthew Gamble
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 instrument
Identification code
| Ordinary shares of 2.5p |
| GB00B27YGJ97 |
b)
Nature of the transaction
Award of options under the Severfield SAYE Sharesave plan exercisable in September 2027 subject to continued membership of savings plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| n/a | 7,420 |
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
Single transaction
e)
Date of the transaction
17/7/24
f)
Place of the transaction
Outside a trading venue
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHRTMBTMTMTBTI