REG - Severfield PLC - Director/PDMR Shareholding
29/07/2024 07:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240729:nRSc0840Ya&default-theme=true
RNS Number : 0840Y Severfield PLC 29 July 2024
Date of notification: 29(th) July 2024
SEVERFIELD PLC
DIRECTOR/PDMR SHAREHOLDINGS-AWARD OF DEFERRED BONUS SHARES
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 DEFERRED BONUS SHARE AWARDS
On 26th July 2024 a grant of the following deferred awards over Shares under
the Company's Deferred Share Bonus Plan ("DSBP") was made to the following
PDMRs representing a proportion of their bonus entitlement for the financial
year to 31 March 2024:
Name of PDMR No. of shares held under the award
Alan Dunsmore (CEO) 110,000
Adam Semple (Chief Financial Officer) 75,173
Derek Randall (Director) 95,220
Mark Sanderson (Legal Director and Company Secretary) 22,506
The awards are structured as nil exercise cost options normally exercisable
between 3 and 10 years after grant. No consideration was paid for the grant of
the awards.
The Company was notified of these transactions on 26(th) July 2024.
Details of the full notifications received by the Company are set out below:
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 Grant of an award under the Company's Deferred Bonus Share Plan. The award is
a nil exercise cost option normally exercisable between 3 and 10 years after
grant subject to continued employment. No consideration was paid for the grant
of the award
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 110,000
d) Aggregated information Not applicable-single transaction
- Aggregated volume
- Price
e) Date of the transaction 2024-07-26
f) Place of the transaction Outside a trading venue
GB00B27YGJ97
b)
Nature of the transaction
Grant of an award under the Company's Deferred Bonus Share Plan. The award is
a nil exercise cost option normally exercisable between 3 and 10 years after
grant subject to continued employment. No consideration was paid for the grant
of the award
c)
Price(s) and volume(s)
Price(s) Volume(s)
Nil 110,000
d)
Aggregated information
- Aggregated volume
- Price
Not applicable-single transaction
e)
Date of the transaction
2024-07-26
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 Chief Financial Officer
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 Grant of an award under the Company's Deferred Bonus Share Plan. The award is
a nil exercise cost option normally exercisable between 3 and 10 years after
grant subject to continued employment. No consideration was paid for the grant
of the award
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 75,173
d) Aggregated information Not applicable-single transaction
- Aggregated volume
- Price
e) Date of the transaction 2024-07-26
f) Place of the transaction Outside a trading venue
GB00B27YGJ97
b)
Nature of the transaction
Grant of an award under the Company's Deferred Bonus Share Plan. The award is
a nil exercise cost option normally exercisable between 3 and 10 years after
grant subject to continued employment. No consideration was paid for the grant
of the award
c)
Price(s) and volume(s)
Price(s) Volume(s)
Nil 75,173
d)
Aggregated information
- Aggregated volume
- Price
Not applicable-single transaction
e)
Date of the transaction
2024-07-26
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 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 Grant of an award under the Company's Deferred Bonus Share Plan. The award is
a nil exercise cost option exercisable normally exercisable between 3 and 10
years after grant subject to continued employment. No consideration was paid
for the grant of the award.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 95,220
d) Aggregated information Not applicable-single transaction
- Aggregated volume
- Price
e) Date of the transaction 2024-07-26
f) Place of the transaction Outside a trading venue
GB00B27YGJ97
b)
Nature of the transaction
Grant of an award under the Company's Deferred Bonus Share Plan. The award is
a nil exercise cost option exercisable normally exercisable between 3 and 10
years after grant subject to continued employment. No consideration was paid
for the grant of the award.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Nil 95,220
d)
Aggregated information
- Aggregated volume
- Price
Not applicable-single transaction
e)
Date of the transaction
2024-07-26
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 Ordinary shares of 2.5p
Identification code
GB00B27YGJ97
b) Nature of the transaction Grant of an award under the Company's Deferred Bonus Share Plan. The award is
a nil exercise cost option exercisable normally exercisable between 3 and 10
years after grant subject to continued employment. No consideration was paid
for the grant of the award.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 22,506
d) Aggregated information Not applicable-single transaction
- Aggregated volume
- Price
e) Date of the transaction 2024-07-26
f) Place of the transaction Outside a trading venue
GB00B27YGJ97
b)
Nature of the transaction
Grant of an award under the Company's Deferred Bonus Share Plan. The award is
a nil exercise cost option exercisable normally exercisable between 3 and 10
years after grant subject to continued employment. No consideration was paid
for the grant of the award.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Nil 22,506
d)
Aggregated information
- Aggregated volume
- Price
Not applicable-single transaction
e)
Date of the transaction
2024-07-26
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
29(th) July 2024
Classification 3.1
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
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHRFMITMTITBPIRecent news on Severfield
See all newsREG - Severfield PLC - Director/PDMR Shareholding
AnnouncementRCS - Severfield PLC - Progressive publishes new research
AnnouncementREG - Severfield PLC - Pre-close trading update
AnnouncementREG - Severfield PLC - Block listing six monthly return
AnnouncementREG - Severfield PLC - Total Voting Rights
Announcement