REG - Severfield PLC - Director/PDMR Shareholding

SeverfieldAnnouncement

13/08/2020 15:30

RNS Number : 0976W
  
Severfield PLC
  
13 August 2020
  
 

Date of notification:  13th August 2020
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 11th August 2020 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 2023.
 



Name of PDMR


No. of shares held under the award




Ian Cochrane (COO)


27, 237




Mark Sanderson (Legal Director and Company Secretary)


16,369 























 
The Company was notified of these transactions on 12thAugust 2020.
 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


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


Award of options under the Severfield SAYE Sharesave plan exercisable in September 2023 subject to continued membership of savings plan
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




n/a


27237








d)


Aggregated information



-


Aggregated volume




-


Price



 


Single transaction




e)


Date of the transaction


11/8/20




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 2023 subject to continued membership of savings plan
 




c)


Price(s) and volume(s)





Price(s)


Volume(s)




 n/a


 16369



 




d)


Aggregated information



-


Aggregated volume




-


Price



 


Single transaction




e)


Date of the transaction


11/8/20




f)


Place of the transaction


Outside a trading venue



 
 


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