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RNS Number : 1769X Severfield PLC 18 December 2023
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 Ordinary shares of 2.5p
Identification code
GB00B27YGJ97
b) Nature of the transaction Ordinary shares acquired for nil consideration upon the settlement of a
long-term incentive award after cash settlement of tax liability and subject
to a two year holding period
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 316,079
d) Aggregated information Single transaction
- Aggregated volume
- Price
e) Date of the transaction 18/12/23
f) Place of the transaction Outside a trading venue
GB00B27YGJ97
b)
Nature of the transaction
Ordinary shares acquired for nil consideration upon the settlement of a
long-term incentive award after cash settlement of tax liability and subject
to a two year holding period
c)
Price(s) and volume(s)
Price(s) Volume(s)
Nil 316,079
d)
Aggregated information
- Aggregated volume
- Price
Single transaction
e)
Date of the transaction
18/12/23
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 CFO
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 Ordinary shares of 2.5p
Identification code
GB00B27YGJ97
b) Nature of the transaction Ordinary shares acquired for nil consideration upon the settlement of a
long-term incentive award after cash settlement of tax liability and subject
to a two year holding period
c) Price(s) and volume(s) Price(s) Volume(s)
nil 162,117
d) Aggregated information Single transaction
- Aggregated volume
- Price
e) Date of the transaction 18/12/23
f) Place of the transaction Outside a trading venue
GB00B27YGJ97
b)
Nature of the transaction
Ordinary shares acquired for nil consideration upon the settlement of a
long-term incentive award after cash settlement of tax liability and subject
to a two year holding period
c)
Price(s) and volume(s)
Price(s) Volume(s)
nil 162,117
d)
Aggregated information
- Aggregated volume
- Price
Single transaction
e)
Date of the transaction
18/12/23
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 Ordinary shares of 2.5p
Identification code
GB00B27YGJ97
b) Nature of the transaction Ordinary shares acquired for nil consideration upon the settlement of a
long-term incentive award after cash settlement of tax liability and subject
to a two year holding period
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 199,957
d) Aggregated information Single transaction
- Aggregated volume
- Price
e) Date of the transaction 18/12/23
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 Ordinary shares of 2.5p
Identification code
GB00B27YGJ97
b) Nature of the transaction 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 65,734
d) Aggregated information Single transaction
- Aggregated volume
- Price
e) Date of the transaction 18/12/23
f) Place of the transaction Outside a trading venue
GB00B27YGJ97
b)
Nature of the transaction
Ordinary shares acquired for nil consideration upon the settlement of a
long-term incentive award after cash settlement of tax liability and subject
to a two year holding period
c)
Price(s) and volume(s)
Price(s) Volume(s)
Nil 199,957
d)
Aggregated information
- Aggregated volume
- Price
Single transaction
e)
Date of the transaction
18/12/23
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
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 65,734
d)
Aggregated information
- Aggregated volume
- Price
Single transaction
e)
Date of the transaction
18/12/23
f)
Place of the transaction
Outside a trading venue
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
18(th) December 2023
Classification 3.1
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