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RNS Number : 0077U Severfield PLC 26 June 2024
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 Grant of an award under the Company's restricted share plan in the form of a
nil cost option. Subject to performance underpins and continued service and to
a two-year holding period, the award normally vests in June 2027.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 269,000
d) Aggregated information Not applicable-single transaction
- Aggregated volume
- Price
e) Date of the transaction 24/06/24
f) Place of the transaction Outside a trading venue
GB00B27YGJ97
b)
Nature of the transaction
Grant of an award under the Company's restricted share plan in the form of a
nil cost option. Subject to performance underpins and continued service and to
a two-year holding period, the award normally vests in June 2027.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Nil 269,000
d)
Aggregated information
- Aggregated volume
- Price
Not applicable-single transaction
e)
Date of the transaction
24/06/24
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 Grant of an award under the Company's restricted share plan in the form of a
nil cost option. Subject to performance underpins and continued service and to
a two-year holding period, the award normally vests in June 2027.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 183,833
d) Aggregated information Not applicable-single transaction
- Aggregated volume
- Price
e) Date of the transaction 24/06/24
f) Place of the transaction Outside a trading venue
GB00B27YGJ97
b)
Nature of the transaction
Grant of an award under the Company's restricted share plan in the form of a
nil cost option. Subject to performance underpins and continued service and to
a two-year holding period, the award normally vests in June 2027.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Nil 183,833
d)
Aggregated information
- Aggregated volume
- Price
Not applicable-single transaction
e)
Date of the transaction
24/06/24
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 Grant of an award under the Company's restricted share plan in the form of a
nil cost option. Subject to performance underpins and continued service and to
a two-year holding period, the award normally vests in June 2027.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 197,000
d) Aggregated information Not applicable-single transaction
- Aggregated volume
- Price
e) Date of the transaction 24/06/24
f) Place of the transaction Outside a trading venue
GB00B27YGJ97
b)
Nature of the transaction
Grant of an award under the Company's restricted share plan in the form of a
nil cost option. Subject to performance underpins and continued service and to
a two-year holding period, the award normally vests in June 2027.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Nil 197,000
d)
Aggregated information
- Aggregated volume
- Price
Not applicable-single transaction
e)
Date of the transaction
24/06/24
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 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 restricted share plan in the form of a
nil cost option. Subject to performance underpins and continued service, the
award normally vests in June 2027.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 74,000
d) Aggregated information Not applicable-single transaction
- Aggregated volume
- Price
e) Date of the transaction 24/06/24
f) Place of the transaction Outside a trading venue
GB00B27YGJ97
b)
Nature of the transaction
Grant of an award under the Company's restricted share plan in the form of a
nil cost option. Subject to performance underpins and continued service, the
award normally vests in June 2027.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Nil 74,000
d)
Aggregated information
- Aggregated volume
- Price
Not applicable-single transaction
e)
Date of the transaction
24/06/24
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Matt 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 Ordinary shares of 2.5p
Identification code
GB00B27YGJ97
b) Nature of the transaction Grant of an award under the Company's restricted share plan in the form of a
nil cost option. Subject to performance underpins and continued service, the
award normally vests in June 2027.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 29,000
d) Aggregated information Not applicable-single transaction
- Aggregated volume
- Price
e) Date of the transaction 24/06/24
f) Place of the transaction Outside a trading venue
GB00B27YGJ97
b)
Nature of the transaction
Grant of an award under the Company's restricted share plan in the form of a
nil cost option. Subject to performance underpins and continued service, the
award normally vests in June 2027.
c)
Price(s) and volume(s)
Price(s) Volume(s)
Nil 29,000
d)
Aggregated information
- Aggregated volume
- Price
Not applicable-single transaction
e)
Date of the transaction
24/06/24
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
26 June 2024
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